4 ms·

At this point, it's faster and cheaper to get the private key delivered by FEDEX than making transactions on the Bitcoin network.

• bdcravens 9y ago
  Every transaction I've conducted in recent weeks took about 20 minutes and cost less than 1%. (Using Trezor at highest fee level) For those who don't follow Bitcoin subreddits, this was discussed here: https://www.reddit.com/r/btc/comments/7lfyrf/psa_its_faster_and_cheaper_to_get_the_private_key/ https://www.reddit.com/r/btc/comments/7lfyrf/psa_its_faster_...
  • webninja 9y ago
    You must have been moving over $5000. 1% of 5000 is still $50. The minimum fee for me yesterday was 0.004btc (about $55), the suggested fee was 0.008btc (about $112), and the priority fee was prohibitively high. My hd wallet had 3 inputs though which increases the fee. When I sent with the minimum fee, it stayed unconfirmed for a little over a day before it flat fell off the network. When I resent it with the suggested fee ($112), it stayed unconfirmed for several hours until the early morning when it started getting confirmations finally.
    • bdcravens 9y ago
      $2000 for $3 $13000 for about $8