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> I don't believe a majority of the holders or users want transactions costing $5. I can't speak for others, but above all I would want the costs to be predict
by tom_mellior 9y ago
> I don't believe a majority of the holders or users want transactions costing $5.
I can't speak for others, but above all I would want the costs to be predictable. There is no reasonable way to divine transaction fees at the moment.
BitPay certainly doesn't help. They handle the payments for most sites where I sometimes pay in Bitcoin. After submitting a payment they'll show a page saying "we saw your transaction, but the fees you specified seem pretty low". That's not helpful. What would be helpful would be to tell me before I pay how much they recommend as fee. If it's $5, I may be willing to pay it if I'm sure that will placate the BitPay gods.
- sbenitoj 9y agoCheck this fee estimator: https://bitcoinfees.earn.com/ https://bitcoinfees.earn.com/
- tom_mellior 9y agoThanks, that looks nicer than others I have seen.