Noob here. Are fees supposed to be this high? Using Electrum.

>he thinks these fees are high
With doubling of tx in November and btc going up you're looking at 100$ on every transaction in 2 years.

>>2842091

Isn't segwit supposed to drive the cost of the fees down?

>muh fees
i'm so sick of you fee faggots. you're like those jews who steal ketchup packets from restaurants.

>>2842091
>With doubling of tx in November and btc going up you're looking at 100$ on every transaction in 2 years.

>I'm a moron

If you actually think this will happen you should invest every single one of your pennies into Blockstream

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>>2842119
UASF was going to lower fees but not segwit2x. This what we litecoiners have been saying all along. The miners were never going to surrender their bread and butter.

>>2842198
>segwit is a 1.7x effective block size increase
>enables off chain transactions
>won't lower fees

How dumb are you people?

>>2842057
What are the "additional fees"?

By August 2:
BTC to $3500
BTC transaction fees to $300

BTC is a mess

>>2842260
i was thinking the same. op probably got his electrum from a sleazebag

op, there is no such thing as "additional fees". either you got malware, or downloaded a fishy, tampered electrum. do not put your password there

>>2842091
>>2842129
I'm talking about the additional fees you retards. £4 is way too high for a £50 transaction, the size would be around 500 bytes max.

>>2842260
>>2842329
I got it off the Electrum.org website. I've exported my private keys, what software wallets do you guys recommend?

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>>2843295
somehow you got jewed. There is not "additional fees" on electrum.

t.electrum user

>>2843295
Did you enable 2FA when you made your Electrum wallet?

>>2843536
never seen that either. used electrum like a week ago.

>>2843295
why the fuck did you do that when you can manually set your fees? take 2 second to change the settings.

>>2843980
I saw a thread where one guy tried that but it wouldn't let him send anything because the fees were too low.


I also have a question, should I transfer my bitcoin to my own wallet from an exchange beause of the August 1st event? Or is it safe to keep them on exchanges?

>>2843574
Turns out I did, just made a new wallet, without 2FA and restored it from the Electrum seed. Thank you anon.

>>2843574
They make you pay additional fees for 2FA? What kinda 2FA is that?

>>2843980
Changing fees did nothing, it was an additional charge levied by TrustedCoin because I had apparently turned 2FA on.

>>2844894
It's .002 BTC for 10 transaction iirc and TrustedCoin cosign your transaction to verify I believe. Seems like a stupid system desu.

>>2844927
Its the most secure savings account of all crypto.

>>2842129
>not """stealing""" ketchup sachets
Stupid goyim