reply on: Why Are On Chain Transaction Fees So Low Now? \ stacker news ~bitcoin

86 sats \ 27 replies \ @IamSINGLE 28 Jul \ on: Why Are On Chain Transaction Fees So Low Now? bitcoin_beginners

How low? I haven't looked at these since I'm holding sats in multiple lightening wallets.

Also, just before a few days, I've listened that fees are too high on the mainnet?

97 sats \ 13 replies \ @DarthCoin 28 Jul

I'm holding sats in multiple lightening wallets.

Keep in mind that LN is not for holding, but for spending. LN is THE payment network, not the holding network. Onchain is for holding.

is good that you spread your stash on different wallets
is lightning not lightening

https://m.stacker.news/42098

11 sats \ 8 replies \ @IamSINGLE 28 Jul

My God! It's for me! My keyboard suggests me the spelling as Lightening. Don't know why? Sorry for the mistake! Will make it sure not say it again that way. Thanks!

86 sats \ 7 replies \ @Coinsreporter 28 Jul

Haha! That happened with me as well. At least he didn't call you a shitcoiner!

42 sats \ 6 replies \ @DarthCoin 28 Jul

It's because 99% of shitcoiners write lightening instead of lightning. And most of them intentionally. 1st time can be interpreted as a misspelled /autocorrect word, but when is repeated over and over is already intentional or in total ignorance and like joke of LN.

If newbies are afraid to not make this mistake, simply could say LN and is perfectly fine.

0 sats \ 3 replies \ @Undisciplined 2 Aug

I'd love to see the ledger where you keep track of the mistakes we've made, as well as your formula for deciding which insult to apply.

21 sats \ 2 replies \ @DarthCoin 2 Aug

After more than 12 years in Bitcoinlandia and a blocksize war (literally shitcoiners war), you will see how is it to fight every single day with fucking shitcoiners... https://i.postimg.cc/FsbPb6w7/argue-darth.jpg

Many people ridicule me. for being such bitcoin toxic maxi... Many people laugh of me being such a crazy bitcoin maxi... Many people are trying to reduce my voice with useless arguments... I DO NOT FUCKING CARE! I ALWAYS STAND MY GROUND WHEN I KNOW I AM RIGHT!

0 sats \ 1 reply \ @Undisciplined 2 Aug

We'll see

@remindme in 10 years

21 sats \ 0 replies \ @DarthCoin 2 Aug

Darth is always right. @remindme in 10 years

reply on another page

0 sats \ 0 replies \ @Satosora 29 Jul

hahaha This is funny, comment is gold. I always just assume its a spelling mistake.

0 sats \ 0 replies \ @Coinsreporter 28 Jul

Alright! Please don't start this vocabulary class again! I've had enough of it! I told you before and telling you again that I respect you for your guides but despise you for your overreactions on simple vocabulary mistakes.

I actually don't agree that 99% data on this matter. In fact you need to learn a thing or two about India's English legacy. We all actually feel pride in speaking English but we never take care of pronouncing and spelling words correctly. We are so much into this that we have already started to call it 'Hinglish' (a short for Hindi+English) instead of English.

32 sats \ 1 reply \ @kepford 28 Jul

lightning not lightening

Ha! That's good.

0 sats \ 0 replies \ @IamSINGLE 28 Jul

Thanks! 🙏 I will remember the next time! 😀

0 sats \ 0 replies \ @Satosora 29 Jul

You have a picture for everything!

0 sats \ 0 replies \ @IamSINGLE 28 Jul

I'm following you. Thanks!

11 sats \ 12 replies \ @siggy47 OP 28 Jul

https://m.stacker.news/42083

75 sats \ 10 replies \ @IamSINGLE 28 Jul

I just can't get it that's why I asked. Please tell me, What would be be the cost if I send one million sats to my wallet?

66 sats \ 4 replies \ @random_ 28 Jul

Given a tx with 1 input and 1 output, onchain size would be 192 vbytes.

192 vbytes x 5 sats/vbyte = 960 sats = 65 cents at $68k/btc

https://bitcoinops.org/en/tools/calc-size/

0 sats \ 1 reply \ @Radentor 28 Jul

Dude, stop spreading misinformation/uncomplete data if you don't know what you're talking about. Almost nobody does P2PKH tx these days smh

10 sats \ 0 replies \ @random_ 28 Jul

Ligma says otherwise.

0 sats \ 1 reply \ @IamSINGLE 28 Jul

So, this means that if I transfer 1 BTC to my Cold Wallet, it would cost me only 960 Sats?

0 sats \ 0 replies \ @random_ 28 Jul

Depends on the number of inputs/outputs and script type. But yea, it's independent of amount. Use the calculator.

11 sats \ 0 replies \ @Radentor 28 Jul

That depends on the amount & type of your transaction input and output. Feerate also matters

11 sats \ 1 reply \ @siggy47 OP 28 Jul

I can't tell you exactly what it would cost, but it would be as cheap as I can remember it in the past few years. Of course part of it could be fiat price, but if I recall correctly when prices were at or near this level in 2021-2022 fees were far higher.

75 sats \ 0 replies \ @IamSINGLE 28 Jul

Ohk! Thanks! Will make a transfer in one or two days and will know.

0 sats \ 0 replies \ @OT 29 Jul

Doesn't matter how much you send. It matters how many inputs/outputs. 1 input and 1 output costs around 4-500 sats at the moment.

0 sats \ 0 replies \ @02d769cb73 28 Jul

looking at joho 24hr by count, it looks like next block confirmation is around 4-5 sats per vbyte at the moment

https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),24h,count

0 sats \ 0 replies \ @JuanMiguel 28 Jul

i see you are a man of culture aswell 👍