I'm looking through the block chain timestamps for BTC and here are the big transactions that I came across (which would be comparable to the size of transactions Roger Very might be making with BTC)
~2044.00 BTC transaction:
https://www.blockchain.com/btc/tx/787698d5ac83641d465d82374add8be85756f436d79dcd44f0f4f89b56b9a16e
Transaction value:~ $13M
Fee: ~$3.00
~5000.00 BTC transaction:
https://www.blockchain.com/btc/tx/787698d5ac83641d465d82374add8be85756f436d79dcd44f0f4f89b56b9a16e
Transaction value: ~$34M
Fee: ~$14.00
~1172 BTC transaction:
https://www.blockchain.com/btc/tx/11dacc7fd390f302c0993f1d9753bbde6557e7ca0201253153808ee27c409f50
Transaction value: ~$8M
Fee: ~$2.00
~1700 BTC transaction:
https://www.blockchain.com/btc/tx/11dacc7fd390f302c0993f1d9753bbde6557e7ca0201253153808ee27c409f50
Transaction value: $11.4M
Fee: ~$5.70
There are quite a few more examples if you look at bigger transactions on the block chain, but none of them seem to have extremely unreasonable fees. I just want a clarification as to how BTC is expensive. The highest fee I've seen for a transaction greater than $10M currently is only $15 which is negligible compared to the value of the transaction. Can someone please explain? I can find plenty more examples where fees are only around 70 cents for a $10M+ transaction when Roger Vee has said that fees are usually in hundreds of dollars for just a transaction...
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source https://www.reddit.com/r/btc/comments/fu0bat/where_are_the_hundreds_of_dollars_in_fees_for_btc/
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