Sometimes you could get away with a $1 fee, I remember few days ago the recommended fee from electrum was hovering somewhere at 15-20 sats/vB.
Lol I actually took advantage of that moment. It took like 30 hours tho, but who cares when you pay nothing for that. I paid like 20 cents for a $ 1k transaction. I really love this feature of Electrum like YOU will decide what fee you pay.
20 cents for a 1k $ transaction ? its crazy how you risk that large amount for a small fee . im not transacting 1k $ but i can pay 12 $ a fee because im afraid that if i wait longer the price will fall off .
karl dont say anything with the btc fees but fees are hard to ignore because they increase together with the price of the btc .
fees are what pulling the gamblers to gamble and not the price of btc .
Why does he risk anything? He doesn't risk his money only because he chooses to pay a small fee. He can initiate a second transaction with a higher fee. As long as unspent output hasn't left the wallet you can overwrite the old transaction and get it going regardless.