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Stop spreading FUD. I spent 10c sending a transaction for $20 a month ago.
by freeloop3 9y ago
Stop spreading FUD. I spent 10c sending a transaction for $20 a month ago.
- michaelt 9y agoSmallest transaction I've seen is 191 bytes; [1] says right now to get a transaction in the next block the minimum fee is 240 satoshis/byte; and that today the 251-260 satoshis/byte has been the most common fee. That's $2.82 according to [2]. And that's with current levels of demand - if there was a transaction every time someone visited a website, demand would be much, much higher. [1] https://bitcoinfees.earn.com/ https://bitcoinfees.earn.com/ [2] https://www.google.co.uk/search?q=(191*240%2F100000000)+BTC+to+USD https://www.google.co.uk/search?q=(191*240%2F100000000)+BTC+...
- freeloop3 9y agoYes, you're right. I miscalculated the fee. I actually paid $1 and was not trying to get it in the next block.