Quote from: Accardo on May 06, 2023, 10:04:28 PM

Quote from: tjtonmoy on May 06, 2023, 07:35:02 PM

It's so crowded today as well. It's been like this for maybe 3-4 days now. The transaction fee is very high at this moment. I have made a transaction with 5 sat/B, and it's been over 2 days. It's still stuck there. I don't want to spend more fees on them, so I'll just let that be there until things cools down. I don't know when that will happen, but these spike movements are making it hard.
Well nothing to do rather than waiting for it to cool down.

Last 2 days I paid higher fees $5 for a $20 transaction, I tried to adjust the fees, but considered how long it'll delay for the transaction to get completed. When I try paying with lesser fees the transaction would unexpectedly delay and I wouldn't like that to happen to some urgent transactions, so I don't have any option than to leave it that way. Recently, I think miners pay so much in tax and it could have affected the fees since they need those rewards to run their business. Though, I know that multiple transactions on the blockchain affects fees too, however, if I'm not in a hurry to get a product, I can set a lesser fee then wait till the transactions on the network becomes decongested such that miners can attend to payments with smaller fees.

As for me, last 4 days ago I also made a Bitcoin transaction like you, the charge for what I did was also 5$, I also thought of reducing the fees, but I immediately thought that the transaction I would make might not go well so I let it go the fees are only 5$ instead of bothering me because that's exactly what happens at those times because of the nft ordinals in blockhain.

I also found out that most of the people who tried to reduce the fees did not succeed, but instead waited for a long time before they were able to make a transaction again with high fees. That means there is no use even if the fees are reduced or adjusted.