edwardirina
Newbie
- Apr 15, 2021
- 19
- 3
BTC fees are way too high now. Fees is almost double of the amount to send. Anyone tried using this lightning network via electrum?
BTC Fees are too high now
- Thread starter edwardirina
- Start date
IG Professor
BANNED
- Feb 22, 2017
- 4,855
- 4,567
Litecoin is the greatest alternative out there
IAmFromTheInternet
Regular Member
- Feb 13, 2015
- 292
- 293
Ehh it's literally between $9 and $10 now.
How is that double of the amount to send?
Don't send $5 over BTC lol
How is that double of the amount to send?
Don't send $5 over BTC lol
Brian Alexander
Regular Member
- Aug 12, 2016
- 454
- 317
No they're not.
If the fees are too high right now you're either sending too low amounts or you're using too many transactional inputs.
A $10 transfer could hypothetically cost $500 in fees at any point in time, given it has enough inputs. It's not entirely dependent on the network status.
If the fees are too high right now you're either sending too low amounts or you're using too many transactional inputs.
A $10 transfer could hypothetically cost $500 in fees at any point in time, given it has enough inputs. It's not entirely dependent on the network status.
boitywayne
Junior Member
- Feb 18, 2021
- 154
- 37
I believe the OP was not aware Bitcoin would charge u that high regardless of how much you are sending.
I was desperate one time to buy an account, the guy insisted he wants BTC and that`s $10. I had to send $10 and sending fee from paxful cost me $8. I was mad...local bitcoin seem cheaper next time, but generally, BTC is helping scammers get away with stuff easily.
I was desperate one time to buy an account, the guy insisted he wants BTC and that`s $10. I had to send $10 and sending fee from paxful cost me $8. I was mad...local bitcoin seem cheaper next time, but generally, BTC is helping scammers get away with stuff easily.
Chris_jaden
Registered Member
- Apr 23, 2020
- 68
- 28
Depends on the wallet you're using though.
pablitojanno
Power Member
- Oct 26, 2014
- 549
- 295
Just use LTC to pay things
IAmFromTheInternet
Regular Member
- Feb 13, 2015
- 292
- 293
Lol nope. You must be new
BlueSnow
Regular Member
- Feb 5, 2014
- 360
- 224
It doesn't matter am I new or not what matter is how BTC will be more valuable than say Ethereum if flippening happens.Lol nope. You must be new
BTC is the original blockchain but is now outdated. Yahoo was killed by Google.
IAmFromTheInternet
Regular Member
- Feb 13, 2015
- 292
- 293
Yahoo and Google are just applications on top of the internet. Bitcoin is the internet.
Every other coin will be gone in a decade, just like the dotcom bubble. The internet will stay.
Even pre-mined, centralized Ethereum with a failing proof of stake.
- Apr 25, 2011
- 19,849
- 28,315
Exactly this. It's easy to do an internal exchange BTC to LTC, make the payment (or the transfer if you are moving coins between exchanges) and then if necessary, exchange from LTC back to BTC at the other end. I have done this recently and it reduced the transfer cost significantly.
BlueSnow
Regular Member
- Feb 5, 2014
- 360
- 224
No, it's not.
BTC is just a first mover. There are many better blockchains already.
BTC is slow expensive and doesn't have smart contracts. When it comes to centralisation, more than 90% of BTC miners are in China.