Bitcoin fees high as shit lately

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  • pablo222
    SBR Hall of Famer
    • 01-03-19
    • 8858

    #71
    Originally posted by JIBBBY
    I bought back at a higher price as soon as this broke news with Elon Musk buying in for big. Follow the billionaires I always say. It's not rocket science!! They are billionaires for a reason.

    When I caught wind of Musk buying big and that making the news I bought immediately knowing that would drive up the price. I may sell off again soon. Riding the wave for now. Truth Pablo..

    https://www.foxbusiness.com/markets/...as-bitcoin-buy
    100 percent believable that you bought on the Tesla news that came out at 4AM pacific time, when the price shot up 6k before I could finish my cup of coffee on the east coast.

    This is from our BTC expert Jibby on 1/22/21 @31k...

    Crypto gonna slowly continue to dip. Biden policies taking away jobs now, green new deals not good for the economy. Same with the stock market.

    GET OUT..
    Comment
    • super mario 48
      SBR Wise Guy
      • 10-01-20
      • 832

      #72
      Me i use turkish coffee to make my prediction on how bitcoin goes up or goes down lol
      Comment
      • stake1
        SBR Posting Legend
        • 12-19-18
        • 18116

        #73
        If you choose regular instead of priority, it is cheaper
        Comment
        • JIBBBY
          SBR Aristocracy
          • 12-10-09
          • 83686

          #74
          Originally posted by pablo222
          100 percent believable that you bought on the Tesla news that came out at 4AM pacific time, when the price shot up 6k before I could finish my cup of coffee on the east coast.

          This is from our BTC expert Jibby on 1/22/21 @31k...

          Crypto gonna slowly continue to dip. Biden policies taking away jobs now, green new deals not good for the economy. Same with the stock market.

          GET OUT..
          I sold my portfolio and bought back and lost out on profits during that dead time. Why is that so hard for you to believe? I lost out on profits so why would I lie about that? I'm back in and we are all making money off bitcoin now.

          When you see billionaires investing in bitcoin you go in and go in hard. That's my thinking. It's working out.
          Comment
          • pablo222
            SBR Hall of Famer
            • 01-03-19
            • 8858

            #75
            Originally posted by JIBBBY
            I sold my portfolio and bought back and lost out on profits during that dead time. Why is that so hard for you to believe? I lost out on profits so why would I lie about that? I'm back in and we are all making money off bitcoin now.

            When you see billionaires investing in bitcoin you go in and go in hard. That's my thinking. It's working out.
            Because that's what you do. Lie.
            Comment
            • JIBBBY
              SBR Aristocracy
              • 12-10-09
              • 83686

              #76
              Originally posted by pablo222
              Because that's what you do. Lie.
              OK Pablo if you say so.

              You're a really nice guy and I love you man but I might be lying as you say..

              Pablo get a life. Don't worry about mine. Win a bet for once.
              Comment
              • stake1
                SBR Posting Legend
                • 12-19-18
                • 18116

                #77
                Took a nice slice of Bitcoin out today. Cost me very little, around 3% which was nothing compared to the gains
                Comment
                • Saga
                  SBR Rookie
                  • 05-19-20
                  • 47

                  #78
                  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
                  Raiders can you please give some informations about ltc,xrp,usdt?

                  1) Which is the best place to buy,sell or convert between these three?

                  2)Do you need separate wallet for each one?
                  Comment
                  • pokerdevil
                    SBR Sharp
                    • 04-20-16
                    • 433

                    #79
                    As a few others have said, you can set a custom fee on your transactions. The downside is that it can take up to 1-2 weeks to confirm if you do it super cheap (like 5-10 sats/byte which right now is ~$1).

                    But IMO it is crazy to pay the default fee unless you absolutely need the cash in your book or in hand that hour.

                    A nice middle ground might be using middling fee amount like $3-$4 (20-30 sats/byte)... gotta find a sweet spot that works for your time preference.
                    Comment
                    • ace7550
                      SBR MVP
                      • 05-08-15
                      • 3729

                      #80
                      Originally posted by Saga
                      Raiders can you please give some informations about ltc,xrp,usdt?

                      1) Which is the best place to buy,sell or convert between these three?

                      2)Do you need separate wallet for each one?
                      There are lots of exchanges that support all of those cryptos. I use Kraken and Bittrex. Yes, each crypto will have it's own wallet. I use litecoin to deposit at sportsbooks. It's not instant but it's pretty fast.
                      BTC is no longer an economical way to make deposits/withdrawals.
                      Comment
                      • PaperTrail07
                        SBR Posting Legend
                        • 08-29-08
                        • 20423

                        #81
                        Had $700 sent out yesterday and still zero confirmations lol......sure they paid top fees lol...plus coin dropped
                        Originally posted by ace7550
                        There are lots of exchanges that support all of those cryptos. I use Kraken and Bittrex. Yes, each crypto will have it's own wallet. I use litecoin to deposit at sportsbooks. It's not instant but it's pretty fast.
                        BTC is no longer an economical way to make deposits/withdrawals.
                        Comment
                        • Saga
                          SBR Rookie
                          • 05-19-20
                          • 47

                          #82
                          Originally posted by Sawyer
                          Why you're using BTC for transactions? BTC is not suitable for transactions. Use ETH and USDT. Much lower fees.
                          Sawyer or anyone can you please tell which is the best exchange with lower fees to transfer ustd from exchange to wallet?

                          I tried kraken and the fees are very high (12,5%).

                          Of course i tried with just 20 ustd so probably 2,5 ustd is the standard fees.
                          Comment
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