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Sending bitcoin fee rise to $1 minimum for BitPay!

negon

hannibal the cannibal
BANNED MEMBER
Jun 12, 2011
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You want to read the below. Not because it is a high fee or change anything for my business but for people with lots of Bitcoin transactions it may have influence of their business.
The Bitcoin network is currently experiencing a period of rapid growth. This is an exciting time to be in Bitcoin, and we're seeing all-time highs in bitcoin transactions processed by BitPay merchants like you.

However, we are also seeing bitcoin users paying rising miner fees for transactions across the bitcoin network, to the average of $1 per transaction.

In order to protect customers from creating uneconomical transactions, effective tomorrow (March 9th), we are raising the BitPay minimum payment amount from $0.04 to $1.

Anyway, I don't use BitPay at all because their verification sucks big times.