Post
Topic
Board Bitcoin Technical Support
Re: What happened to keeping all my bitcoin in same address? Now I pay insane fees?!
by
hosseinimr93
on 20/09/2023, 20:38:11 UTC
When you send too much funds and its transfering from multiple wallet addresses because of change addresses caused from previous transfers.. Guess what? You end up paying HIGHER fees than if all the funds stayed in 1 wallet.
Oh. You are still repeating the same thing.

Take note that any bitcoin transaction you make will have a change unless you spend your UTXO(s) completely.

Assume that you have a UTXO worth 0.03 BTC and you want to spend 0.02 BTC. Your transaction must have a change worth 0.01 BTC minus fee.
The change can be sent to the address you are sending the fund from or a new address. Whether you use the same address or a new address, it doesn't make any difference to the fee you have to pay.

Bitcoin has been always like this.


Its crazy how people don't remember the old days of bitcoin anymore, but they are quick to point out trivial technical bs that literally helps nothing and goes beyond the point.
All bitcoin transaction are recorded in the blockchain and they are all available to the public.
Can you please share a transaction that has been made in those old days and can prove we are wrong?