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RE: Daily Bitcoin / Steem Trading Systems Update / DECEMBER 24 , 2017

in #bitcoin7 years ago

High fees on #Bitcoin suck, but some things to keep in mind: 1) fees are calculated in sats, high Bitcoin price = higher fee in USD. 2) Miners have an incentive to spam mempool with low fee txs = real users pay higher fees on which they profit. 3) fee estimators in wallets suck.