Thread: BTC Fees
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Old 06-10-2017, 03:13 AM  
HomerSimpson
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Join Date: Sep 2005
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BTC Fees

I haven't messed up much lately with bitcoins... And I just wanted to transfer some of I have from different wallets into a single one..

So what I have found out is that the fees for smaller transactions are quite big.

For example: If you want to send 1mBTC ( 0.001 BTC) that equals to $2.8 you would have to pay between 0.00147615 BTC ($4.13) and 0.09215589 BTC ($258.036)

So, fees for buying a coffee that costs $2.8 would cost you $4 and $258. That's fucking insane! And then people say PayPal has high fees and BitCoins are cheap to use !??!?

Here's a good article about it
https://breadwallet.com/blog/skyrock...tcoin-economy/
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