Re:Bitcoin Surpasses $4,000, Reaches Another Milestone
by pieguy on Sunday August 13, 2017 @02:27AM
(#15001776)
Not sure how you came up with 5 cents but I get $1.36:
4000 dollars/btc * 10^-8 btc/satoshi * 150 satoshi/byte * 226 bytes/transaction = $1.356 per transaction
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Re:Bitcoin Surpasses $4,000, Reaches Another Milestone
by tpallarino on Sunday August 13, 2017 @02:28AM
(#15001781)
If you wanted to get confirmed in the very next block you could probably use 25 satoshi/byte at this point in time. Personally, if I were sending a non critical/time-sensitive transaction right now I would use about 5 satoshi/byte.