Hey,
Just trying to figure out what the transfer fees would be for a range of sums ranging from $1000-$100,000 USD (i.e. 3.18-318.22 BTC) from wallet>wallet.
What would the lowest/highest possible fees be (or worst case/best case if you want to call it that)?
Thanks.
(I did try and google this using a range of keywords but couldn't find a concrete answer)
Look at this TX
https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3Fee:0.0001.
That TX is way way bigger than what you want to transfer(217,517 BTC). And if they chose to, they could have sent it with a ZERO fee and it would still have confirmed due to the priority being higher.
One thing that most people are not used to is the fact that the bitcoin protocol gives higher priority (and a lower default cost) to transactions that spend more bitcoin (all else being equal) as transactions with more bitcoin days destroyed are given priority