Hacker News new | ask | show | jobs
by beervirus 1651 days ago
$15 is right in line with current btc transaction fees. Maybe a tiny bit higher, but not much.
1 comments

No it isn’t. You are making this up. A BTC tx costs $0.07 1 sat/vbyte (mempool.space) right now.
I’m looking at this:

https://bitcoinfees.co/

Wow. That site is very wrong. Their historical data is wrong too. It’s all the same value!! It’s about 100x off reality. It’s been known since 2020 that it is fiction. Bitcoinfees.net appears to be correct (1-2 sats/vB). https://jochen-hoenicke.de/queue/ Also shows vast majority in last 24 hours paid <10sats/vB.

I notice that earn is also reporting way way too high numbers. The fact is you can send 1sat/vbyte right now and it will confirm. 7 cents. Anyone actually using BTC will agree with me here.

Look at the mempool. If it’s empty, BTC is super cheap. It is empty right now and frequently is on weekends.

Not everyone uses lightning. I suppose that's what you're insinuating?
No, we are talking onchain. Lightning would be practically nothing. Fractions of a cent.
https://bitinfocharts.com/comparison/bitcoin-transactionfees...

1,7$ at the moment, which isn't much. I used to remember it much higher.

But for me, a wire transfer is free though ( Belgium - European transfers, also suppliers swallow transaction fees)