/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast]
How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast] (x-post from /r/Bitcoin)
Transaction fees usually go over the roof because Bitcoin’s block space limited. A Bitcoin block can only accommodate transactions worth of 1 MB per 10 minutes, and that’s why each byte on this 1 MB block is a premium place to be. The transaction fee is therefore an incentive on the part of the bitcoin transactor to make sure that a particular transaction will get included into a block. Because of deep technical reasons, bitcoin block space is a scarce commodity, getting a transaction mined can be seen as purchasing a portion of it. Average transaction fee: $0.48 (1 input, 2 outputs, SegWit, 1 hour conf. time.) Bitcoin Fee Estimator / Calculator. BitcoinFees is a simple and very accurate Bitcoin fee estimator. The tool is displaying a chart of current mempool transactions ordered by fee value. Predicting bitcoin fees for transactions. Fees are displayed in Satoshis/byte of data. Miners usually include transactions with the highest fees first. In July 2010, Bitcoin developer Gavin Andresen has highlighted a source code rule that imposed a 0.01 BTC minimum transaction fee. At today’s market valuation of bitcoin (approximately $10.000), the transaction cost would be $100.
Bitcoin Fees and Unconfirmed Transactions - Complete ...
Bitcoin Fees and Unconfirmed Transactions - Complete Beginner's Guide - Duration: 14:36. 99Bitcoins 15,530 views. 14:36. Bitcoin Transaction Details - Part 1 - Duration: 15:47. Roger Ver Is Pissed About Bitcoin Transaction Fees And He's Not Going To Take It Anymore! - Duration: 24:46. TheAnarchast 28,915 views. 24:46. What is a Bitcoin transaction fee? Who does it go to? How is it calculated? Why have fees been going up lately? This week I answer all these questions and mo... Instructions of how to transfer money out of Coinbase into your bitcoin wallet without having to pay bitcoin network transaction fees. If this was helpful and you want to show appreciation, please ... Now the Winmax Miner - Alpha Version is out. You don't need to pay any mining fees or premium key account and it goes for a cool $300.00 USD Use this softwar...
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