Can someone please tell me...

Why the fuck it cost 20 percent of my Bitcoin to transfer it once and then if I lower my transfer fee at all my coin gets stuck for 2-17 days. These fees are absurd. And all my coin Is stuck with no way to retrieve it. what's going on and how do you guys get around this?


Comments


[19 Points] scoobydrool:

1mb per block,

100mb of transaction waited to clear,

that means if no new transactions occur it will take 100 times 15mins to clear the back log = 25 hours

miners take the highest paying fees each block. so each block the top 1% highest fees get chosen


[13 Points] samwise4444:

Ha ! I have FIVE different Electrum wallets that have like .003 btc in them but I can't even transfer shit out because it tells me I don't have enough money for fees - even if I try to manually write in a low fee ! it's like WTF ? Gimme my money bitch ! I suppose on day when bitcoin is a million dollars a coin I can probably get them out ! lol

Just sayin I feel your pain !


[4 Points] Gamidrugs221:

Same here. Can't even express my frustration.


[1 Points] BillyWhifter:

Sellers are cunts. Use gdax for no transfer fees pal.


[1 Points] DJWalnut:

It's a series of tubes. And if you don't understand, those tubes can be filled and if they are filled, when you put your message in, it gets in line and it's going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material.


[-3 Points] STFUMandy:

It's a built in dork/nerd tax. Try buying cocaine with Monero like the kool kids but don't do too much or you'll geek out.

That's why.