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/biz/ - Business & Finance

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2320770 No.2320770 [Reply] [Original]

Hey /Biz/


I am trying to transfer bitcoins from my Electrum wallet to YoBit to buy me some kids, I just want to transfer like 0.0042 bitcoins, but when I press send I read there's a 0.9 btcM mining fee.


What in the hell? Is this fee for real?

>> No.2320778

Pay the transaction fee goy

>> No.2320805
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2320805

>>2320778

0.7 Bitcoin fee? That's like fucking 1100 euros. I am trying to transfer 10 euros to YoBit. I must be confused, what the fuck is going on?

>> No.2320817

>>2320805
Jesus fucking christ.

Is it 0.9 mBTC? see the m?

that's 0.0009 BTC you fuck

>> No.2320820

>>2320805
0.9btcm = 0.0009000 BTC

>> No.2320826
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2320826

>>2320817
>>2320820

God bless your soul, kind crypto-spirits.

>> No.2320829
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2320829

get in on KIDS, its mooning soon.

>> No.2320838

>>2320829
>Buy some kids goy

>> No.2320869
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2320869

>>2320817
>>2320820

What the fuck though, 2 euro fee for a 10 eur transaction is a fucking armed robbery.

>> No.2320883

>>2320869
if you dont pay the fee the miners wont mine your transaction
and
>implying bank transfers are cheaper

>> No.2320893
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2320893

>>2320883

So is the mining fee always 20% of the total, or am I getting fucked over just because I am trying to transfer small amounts?

>> No.2320905

>>2320893
The latter.

>> No.2320966
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2320966

>>2320905

Well alrighty, time to buy me some kids.