BitPay and Mycelium incorrectly estimating fees.

Ticker

1 BTC = $28419.96 USD  (via Coinbase)
1 ETH = $1829.77 USD  (via Coinbase)
1 LTC = $89.24 USD  (via Coinbase)
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Kryptous

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Yesterday I bought some games on Steam for a total of 20€. My goal was to pay a 0.50€ fee but the lowest Mycelium let me choose was 1€ which I knew was way too much, even 0.50€ was already overkill but whatever.

After sending the transaction BitPay's checkout page updates and displays a warning that my fee is too low so I may need to wait up to 72 hours.

Went back to Steam and it said they were waiting for a confirmation and to contact BitPay for any questions.

3 minutes later my transaction is included in the earliest block…

All the estimation websites and wallets are completely off when it comes to transactions fees. This is infuriating honestly.

submitted by /u/colordozing
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $28419.96 USD  (via Coinbase)
1 ETH = $1829.77 USD  (via Coinbase)
1 LTC = $89.24 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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