chat
Slimsnting
votes received
7
votes made
Slimsnting
joined may 2020
generate bitcoin with reference codes.
topics on Slimsnting
Slimsnting
Edible cookies
Slimsnting
Smoking pure weed no tobacco.
+4
Slimsnting
Bitcoin fees crazy
Hi All, What is the best time of day (Uk) to send bitcoin so fees are not madness. Currently being asked to pay a transaction fee of £25 for a £20 order which isn't going to happen. Would rather not buy. Crazy fees. Surely another payment method should be added on lb if this continues. Thanks
+1
titntin
titntin
I get mine straight from localbitcoins and the current transaction fee is £1.99 on about £250. I've always done this and fees are negligible and my bitcoin normally gets here in 10 minutes.
Whilst its not the safest thing in the world to use an exchange wallet, it works fine for me and nobody in law enforcement is gonna get promoted for wasting time tracking how an old hippy gets his puff xD

I had no idea fees were so high buying elsewhere - I'd be priced out of the market!
+1
Fukog
Fukog
Hello mate, btc fees are determined based on blockchain traffic so there isn’t a good time of a day, moreso a good period of stability, so the less that’s going on with btc (now is a bad time because of the headlines).

Hopefully that helps, I suppose early UK may have a better rate than late uk.
+1
Slimsnting
Slimsnting
Ok thanks mate. Explained really well. Think i will keep the coin for a while until the situation gets better fee wise. Just isnt worth it at the minute. Will go local for now. Shame as im sure im not the only one is this situation. Another payment method on lb one day will be good as this way is getting expensive. Hopefully the day will come when you just pay as advertised without any extra fees.
+1
Catsbananas
Catsbananas
I’ve only bought a few times and I use Blockchain but late evening/night time seems to bring the fees down. Or have I just been lucky? It has been suggested on lb to send custom fees and set it low(ish) which will take longer to send but will be cheaper. But what I’m unsure about is when placing an order it says pay within 30 minutes (I think that’s right?) Does that mean the actual funds within 30 minutes or the instruction? ie can you set the instruction to send over several hours but set it in motion within 30 minutes? Does anybody know? :)
+1
Tony888
Tony888
Usually depending on what wallet you use you can set the time the payment takes to go through. From ‘fast’ around 30 mins to ‘medium’ a couple of hours or ‘slow’ for 24 hours. Of course the fee is higher the quicker the transaction. The OPs charges sound really high. Mine is around £7 for the 30 min option and I use Mercuryo wallet and bittylicious for purchasing Bitcoin. Both very good and reasonably priced compared to others. Also both have really good help/chat service that can walk you through any issues.
Put in an order over the weekend for $100 and the transaction fee was around £7.
Strongly advise the OP ditches whatever service he’s using as it sounds expensive.
And yes, later in the evening/early hours is a much better time to do any transactions.
+1
Slimsnting
Slimsnting
Thanks mate.
+1
Tony888
Tony888
No worries. At the end of the day BTC isn’t dirt cheap to use generally, there’s always costs and fees involved. The upside is that it’s very difficult to trace payments and is great if you need anonymity like we all do here! The usual trade off. ;)
+1
Catsbananas
Catsbananas
Do you know if you can set it to really low, say 24 hours but still get it to the vendor on time? On Blockchain I choose the within 1 hour option and it registers as “sent” usually within a few minutes but the “activity” tab shows as still processing for 1-2 hours or so but all is ok with the vendor. So do I have to send it so quick? Am I making sense? :)
+1
Fukog
Fukog
Confirmations are processed based on sat rate, low fees mean it could take forever to arrive, I’ve had payments take 48h+ to arrive on low sat
+1
Catsbananas
Catsbananas
Do you mean a payment sent to a vendor took 48hrs? If so did your order “process” within the 30 minutes? Or did it cause a problem?
+1
Tony888
Tony888
Good question!
Yep, I understand what you’re getting at. The simple answer is I’m not sure as I’ve never tried to send here slower than 30 mins simply because the payment timer here is set to 30 minutes.
I suppose it’s probably worth getting in touch with the vendor to see if they’re happy to have a slower payment, AND that the payment still goes through after the thirty minute timer IF it’s set to 24 hours?
I have no idea why LB payments have that 30 minute timer, perhaps someone here knows the answer who can share that info?
+2
Sentinel21
Sentinel21
Well, it depends on BTC price and wallet you are using. Can't really complain, because I use ledger nano s, but yea, the second option should be available. For example, XRP has the fastest and if I'm not mistaken, the cheapest transactions.
+2
Slimsnting
Slimsnting
Ok cool thanks mate. think i need to level up on my Bitcoin wallet game as any commercial bitcoin apps seem to be way higher.
+1
Bitterlemon
Bitterlemon
I'm using Electrum. I sent 0.0014 to someone yesterday and the fee was 0.0002.
Slimsnting
Real imported Cali
Slimsnting
Pure Indica Strains
Slimsnting
Thai,Mersh,High grade,Landrance
Slimsnting
Best Bitcoin app to use without high fees?
Slimsnting
Thai/mersh/high grade
Slimsnting
Dark Star strain.
Slimsnting
Best vendor for imported cali
topics by Slimsnting
DaveLister
Best weed movie?
Half baked. Funny as it gets.
WHAT IS YOUR FAVORITE STRAIN?
Ice cream cake and dark star.
Cmj14
on  Cmj14
Would Biggas be interested in Cali grown green?
Sounds good.
bigg now