What the hell is up with the BTC Network fees?

[BigJay]

I was going to send $100 to a book to take advantage of a bonus and make a play tonight. Network fee was $44.

Glad I looked at it first before just hitting send.

 

[BMR Genie]

Thanks for the heads-up, BigJay.

Look what I found.

https://twitter.com/x/status/1799150111961829640

 

[Brock Landers]

Use alt coins like Litecoin
Never use Bitcoin

 

[BobbyFK]

Ridiculous the fees they charge

 

[KingKolzig]

Conbase

 

[jjgold]

Never use bitcoin Jay

Call
Me

 

[keithrichard]

I was going to send $100 to a book to take advantage of a bonus and make a play tonight. Network fee was $44.

Glad I looked at it first before just hitting send.

Screw that. I bitch when I have to pay over 5 bucks to send.

 

[Jrgum3]

I've been using Litecoin. I don't know what's going on with bitcoin but that's ridiculous. Litecoin or one of the other Alt coins might be a better option right now until things calm down but what do I know?

 

[aikman.tr]

Exchanges can manipulate the fee structure for their benefit.

 

[flyingillini]

You can cashapp bet with me!

 

[rolandcorts]

Ridiculous the fees they charge

Says Bobby as he gleefully accepts a 4x Uber surge fare!

 

[rolandcorts]

Use alt coins like Litecoin
Never use Bitcoin

Good move, you saved a few % here and there on transactions while holding a shitcoin that has fallen 50% over the last 5 years (while BTC is up 700% over the same time period).

 

[Brock Landers]

Good move, you saved a few % here and there on transactions while holding a shitcoin that has fallen 50% over the last 5 years (while BTC is up 700% over the same time period).

I don't hold it guy, it's a mechanism to move into and out of the book

 

[jjgold]

Never use bitcoin the fees are just too high now

 

[rolandcorts]

I don't hold it guy, it's a mechanism to move into and out of the book

True, although we know that flow is in only one direction

Never use bitcoin the fees are just too high now

When was the last time you were right about anyting? And btw, fees are currently down to the usual $2 level.

 

[KingKolzig]

Landers 5-1 ratio on send/receive

 

[fishhead]

LITECOIN GREAT

 

[dougtushyterror]

I was going to send $100 to a book to take advantage of a bonus and make a play tonight. Network fee was $44.

Glad I looked at it first before just hitting send.

I started using LibertyX Bitcoin ATMs my last yr offshore in 2021. You have to deposit the dollar amount you want to send in BTC. Bookmaker would always pick up the fees as long as I emailed them a copy of the receipt. There was 1 a few blocks from me Jay so it might be something to consider if it's conventionally located near you as well.
Just Google LibertyX near me

 

[BigJay]

I started using LibertyX Bitcoin ATMs my last yr offshore in 2021. You have to deposit the dollar amount you want to send in BTC. Bookmaker would always pick up the fees as long as I emailed them a copy of the receipt. There was 1 a few blocks from me Jay so it might be something to consider if it's conventionally located near you as well.
Just Google LibertyX near me

View attachment 35799

Thanks Dougy. I used them several years ago. No ATM back then. I had to go to a liquor store 10 miles away owned by a Pakistani and do the transaction at the cash register with a code. It was between 8-9 percent fee. I was playing mostly with Heritage back then and no way in hell they were paying the fees. Maybe did it 3 times in a pinch. Honestly MG was easier back then.

I have seen the Liberty X ATM in town. Had no idea BM reimbursed the fees.

 

[dougtushyterror]

Thanks Dougy. I used them several years ago. No ATM back then. I had to go to a liquor store 10 miles away owned by a Pakistani and do the transaction at the cash register with a code. It was between 8-9 percent fee. I was playing mostly with Heritage back then and no way in hell they were paying the fees. Maybe did it 3 times in a pinch. Honestly MG was easier back then.

I have seen the Liberty X ATM in town. Had no idea BM reimbursed the fees.

Sure thing Jay
This was after I won 23k on Novak/Barty 2021 Wimb at FanDuel Casino & reloaded the profits at BM a few months later. These were all 5k reloads & BM would pick up the $400 fee