Bitcoin fees high as shit lately

Sam Odom · 02-03-21, 04:42 PM

as far as depositing into a SB

need to get a bonus... 10% with low R/O is good

texhooper · 02-03-21, 04:51 PM

Sam that’s cool, sometimes that’s cool I guess for a bonus to cover your stupid bitcoin fees.

It’s just lately been shitty

Like one time last week I started with $100 and by the time it went into cash app to blockchain to SB it was $88. Just now I transferred $512 (withdrawal was $510, I always withdraw a little extra to cover fees, got lucky on the extra $2 when I checked wallet) from blockchain to Coinbase pro, it’s gonna hit as $499. The fee by itself was almost $10 just to transfer. Like what the fukkin bloody hell mate. I’m tired of this

carolinakid · 02-03-21, 05:00 PM

stay away from the bonuses, the books today have the stupid crazy rollovers, never take a bonus today.it just another tool the books use to make you lose.

JIBBBY · 02-03-21, 05:03 PM

Especially high if you use an in between buffer like Blockchain to Coinbase transfers. Buffer bitcoin/crypto wallets are overrated. Go straight to Coinbase.

carolinakid · 02-03-21, 05:05 PM

it will only get higher imo as more and more demand for using it........it the new form for payment

pablo222 · 02-03-21, 05:07 PM

My books take LTC. Lower fees and faster.

texhooper · 02-03-21, 05:08 PM

Originally posted by JIBBBY

Especially high if you use an in between buffer like Blockchain to Coinbase transfers. Buffer bitcoin/crypto wallets are overrated. Go straight to Coinbase.

I’ve heard bad things about doing this

pablo222 · 02-03-21, 05:12 PM

Originally posted by texhooper

I’ve heard bad things about doing this

You are correct.

JIBBBY · 02-03-21, 05:19 PM

Originally posted by texhooper

I’ve heard bad things about doing this

Nothing bad has happened to me over the years transferring bitcoin addresses directly to Coinbase from the books. Works every time and I never had a problem.

It's just a bitcoin cyber address so what bad things could happen on transferring directly to coinbase? It eventually goes their anyways in most cases with a bitcoin cyber address? Very hard to trace addresses anyways. Especially if you are just dealing with a few thousand bucks here and there, no alarm bells will go off.

Now if you're dealing in millions and it's drug money and you are using Crypto addresses to somehow launder it all tax free that could be a different story and a problem.

That's just my take. I have a blockchain account now and I don't use it. Coinbase is all you need to use and I will continue to use just that only with no fear.

texhooper · 02-03-21, 05:20 PM

Originally posted by carolinakid

stay away from the bonuses, the books today have the stupid crazy rollovers, never take a bonus today.it just another tool the books use to make you lose.

Yeah I usually never take bonuses for this reason. If I get hot, as I was yesterday and today, I like to take a little pull off it just to make sure the deposit at least got me a hard return. Don’t like dealing with rollovers

texhooper · 02-03-21, 05:21 PM

Originally posted by carolinakid

it will only get higher imo as more and more demand for using it........it the new form for payment

This is what I didn’t want to see

Sam Odom · 02-03-21, 05:30 PM

Originally posted by carolinakid

stay away from the bonuses, the books today have the stupid crazy rollovers, never take a bonus today.it just another tool the books use to make you lose.

Most everything offshore is negotiable

makeup your own bonus % and R/O

call them up then lay it out

texhooper · 02-03-21, 05:34 PM

Sammy bringing the big cajones to the table! Make these rat bastards work for you!

ace7550 · 02-03-21, 06:14 PM

Originally posted by pablo222

My books take LTC. Lower fees and faster.

LTC is the way to go for depositing these days. Much faster and much cheaper.

lonegambler23 · 02-03-21, 06:17 PM

fuk them hope btc drops to 1k

raiders72001 · 02-04-21, 03:52 PM

Betcoin states this:

Every method takes 1 confirmation.
Averages:
BTC 10 min
ETH 15 sec
LTC 2.5 min
XRP Near Instant
XMR 2 min
BCH 10 min
BSV 10 min
DASH 2.5 min
USDT 15 sec

PaperTrail07 · 02-04-21, 03:54 PM

Unless you get the converted rate----yes....most just move into BTC

Originally posted by ace7550

LTC is the way to go for depositing these days. Much faster and much cheaper.

JIBBBY · 02-04-21, 03:59 PM

Originally posted by raiders72001

Betcoin states this:

Every method takes 1 confirmation.
Averages:
BTC 10 min
ETH 15 sec
LTC 2.5 min
XRP Near Instant
XMR 2 min
BCH 10 min
BSV 10 min
DASH 2.5 min
USDT 15 sec

Up 12% in the last 24hrs.

PaperTrail07 · 02-04-21, 04:02 PM

Its down 3% but the # its at now is still a buy iMO.....

Originally posted by JIBBBY

Up 12% in the last 24hrs.

JIBBBY · 02-04-21, 04:05 PM

Originally posted by PaperTrail07

Its down 3% but the # its at now is still a buy iMO.....

Past 24 hrs on the COINBASE graph and charts shows XRP up 12.65% now if you bought in just 24hrs ago. I just said the past 24hrs.. Check Paper if you are on Coinbase. Their tracking graphs charts are reliable.

PaperTrail07 · 02-04-21, 04:09 PM

Feb 3rd 4pm-.34........Feb 4 4pm EST....... .32955.......

cankid · 02-04-21, 10:13 PM

ya need that small bonus to help cut the rate

ClimbSomeRocks · 02-04-21, 11:10 PM

You can adjust the fee that you're paying

Stop using blockchain wallet.

If you're using a good wallet, you can change the fee that you're paying.

Samouri wallet is my favorite (for mobile).

It'll show you the default fee (usually to get into the next block), but you can lower the fee.

I just got 3 separate transactions into Betonline and I paid 42 sats per byte, 45 sats/byte, and 47 sats/byte.

The wallet was default recommending 90 sats per byte. Looking at a different mobile wallet I use, it's showing 121 sats per byte as recommended.

Look at a tool like : bitcoiner.live to see what current fee's are. If you need to get the transaction done immediately, then you'll want to use the high fee. If you can wait a few hours, or even... Overnight, you can pay significantly less.

Replace by fee is something that the good wallets allow. Meaning you can pay a smaller fee, and if you're transaction isn't going through, you can boost it. Again, Samouri is a good one.

To reiterate, Blockchain wallet is one of the worst wallets you can be using. Switch to a better wallet.

texhooper · 02-05-21, 02:29 AM

Some interesting stuff there climber. Will look into it

ronald · 02-13-21, 05:30 PM

Currently using Mycelium wallet and they want to charge me $100 (155 sat) to send $4k in bitcoin.

This seems way higher than normal.

What fee should I be paying for a transaction like this?

littlekona · 02-13-21, 06:31 PM

Originally posted by ronald

Currently using Mycelium wallet and they want to charge me $100 (155 sat) to send $4k in bitcoin.

This seems way higher than normal.

What fee should I be paying for a transaction like this?

low priority $4 or so takes an hour or so as long as its 1 or 2 outputs that are confirmed...at least early today that worked for me w mycelium

PharaohUB · 02-13-21, 07:03 PM

Just swith to litecoin. It is a good investment right now too. It's basically bitcoin but faster to confirm, cheaper to send, and can do more transactions per second. It's catching on. Move on bitcoin sucks.

PharaohUB · 02-13-21, 07:04 PM

Bitcoin = myspace/napster
Litecoin = facebook/spotify

ChuckyTheGoat · 02-13-21, 07:36 PM

Originally posted by PharaohUB

Bitcoin = myspace/napster
Litecoin = facebook/spotify

I respect your opinion.

Plz expand on your analogy. ThankS!

PharaohUB · 02-14-21, 09:59 AM

Originally posted by ClimbSomeRocks

Stop using blockchain wallet.

If you're using a good wallet, you can change the fee that you're paying.

Samouri wallet is my favorite (for mobile).

It'll show you the default fee (usually to get into the next block), but you can lower the fee.

I just got 3 separate transactions into Betonline and I paid 42 sats per byte, 45 sats/byte, and 47 sats/byte.

The wallet was default recommending 90 sats per byte. Looking at a different mobile wallet I use, it's showing 121 sats per byte as recommended.

Look at a tool like : bitcoiner.live to see what current fee's are. If you need to get the transaction done immediately, then you'll want to use the high fee. If you can wait a few hours, or even... Overnight, you can pay significantly less.

Replace by fee is something that the good wallets allow. Meaning you can pay a smaller fee, and if you're transaction isn't going through, you can boost it. Again, Samouri is a good one.

To reiterate, Blockchain wallet is one of the worst wallets you can be using. Switch to a better wallet.

You can adjust your fee with the blockchain wallet ...

PharaohUB · 02-14-21, 10:04 AM

Originally posted by ChuckyTheGoat

I respect your opinion.

Plz expand on your analogy. ThankS!

Bitcoin was a great idea and was first but somebody made it better. Litecoin is built on same technology but it’s faster/cheaper to move/and can handle more transactions. Something else might win out in end, but I like litecoin right now. Bitcoin has become an investment rather than a realistic way to pay people for things as it was originally intended. Litecoin is better used for bitcoins original purpose. If bitcoin didn’t get bogged down so much and fees weren’t high I think you’d see more brick and mortar places accepting it. Something else has to emerge that has more day to day purchase application.

PharaohUB · 02-14-21, 10:07 AM

Huge purchase like a house or laundering drugs. Sure bitcoin is still the way to go. Can wait fifteen minutes to an hour and pay a $10 fee. Buying a donut ? Not going to happen. But the technology is there for transactions under a penny. Less than ************ charge the business. Something will get adopted eventually.

Inspirited · 02-14-21, 10:51 AM

sportsbooks should accept nano.

Sawyer · 02-14-21, 01:10 PM

Originally posted by texhooper

It makes me upset.

It’s probably because everyone thinks they’re a pro investor now

When will things go back to normal? Someone who actually knows, tell me bitcoin fees will go back to normal soon

Why you're using BTC for transactions? BTC is not suitable for transactions. Use ETH and USDT. Much lower fees.