Money Talk

Why is the bitcoin fee high?

Submitted by kexanize, , Thread ID: 78144

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RE: Why is the bitcoin fee high?

#3
Wo1f covered it pretty well. You could send a transaction with a very low fee but it would likely take a very, very long time to actually get completed as the miners are always going after the biggest prize. The higher the fee you set the closer to the front of the line for transaction time you get.

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