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Without a transaction fee? It currently costs ~$5/transaction. https://bitcoinfees.info/ https://bitcoinfees.info/
by justbuchanan 9y ago
Without a transaction fee? It currently costs ~$5/transaction.
https://bitcoinfees.info/ https://bitcoinfees.info/
- 659087 9y agoIt's incredible how often I see people who are "sure Bitcoin is going to be worth millions", or otherwise singing it's praises, also claiming there are "no fees". It seems very few Bitcoin holders have ever even attempted to utilize Bitcoin. Despite holding a decent amount myself, I think things are going to get very messy when reality sets in and the market runs out of greater fools.
- jdauriemma 9y ago> from a third party.
- 659087 9y agoMiners aren't a third party? Where exactly did you think those fees went?
- Frogolocalypse 9y agoMiners aren't a party to the actual transaction, because they are not a part of the cryptographic proof. They are akin to your electricty provider, your internet provider, your computer parts provider, your OS software provider, etc etc.
- jdauriemma 9y agoIt seems like you've already made up your mind that I'm wrong, so we'll leave it there.
- 659087 9y agoIf you're not wrong, please explain to me what miners are - if not a third party that receives fees.
- jdauriemma 9y ago> from a third party. I do appreciate the reply but please try to appreciate that my comment was not just about the cost of the transaction, but to whom the cost is going.
- 659087 9y agoWhere do you think those fees are going? How do miners not qualify as a third party?