Shananda

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joined oct 2023

share Shananda and generate bitcoin with reference codes.

2 topics on Shananda

57 posts

+224.5 votes

by Shananda

These bloody network fees!!!

+18.2

by Shananda

These bloody network fees!!!

Can't buy some hash because the fees are still stupidly high! No way I'm paying £13 just to send a small amount of bitcoin. Bloody fed up waiting for it to come down. Sorry, just having an impatient rant. This can't be good for littlebiggy vendors and the people who run the site either. Sales must be right down. Pity we are stuck with only being able to use bitcoin. There must be a better alternative?

+11.2

HighTimes

It’s a shame Litecoin isn’t introduced as a payment method on the site. I’ve purchased from a different platform using that currency & the fees are less than £1. Hope you can order something soon 🍻

+11

WHL_712004

People been screaming for LTC as a bare minimum for best part of 2 years. btc just far too unstable to be the sole option, and reduced traffic here benefits no one

BaldEagleBakery 9.9/10

Or usdt would be really good, that way vendors don’t lose out on fluctuations

+14

British Bulldog 9.9/10

Yup. I lost $3,500 from one crop in 16 days when BTC tanked. Nearly made me leave LB altogether.

Just watching my money dissappear every day was one of the most depressing things I've ever experienced.

Having nobody to contact that made any sense, and having to wait it out for 16 days was like torture.

Fun times 😔

Cheers BB

Shananda

Any idea why the people who run LB stick with bitcoin?

1313

I think its transaxe, lb is looking for a new payment processor, theres a few posts about this.

Republic_Of_Bud 9.9/10

Found myself in a similar situation all be it on a smaller scale. Profits for the month wiped out over a few days. Would drive anyone to drink.

Otherlyether

Wow. Thats horrendous. I feel your pain and so sorry this has happened to you

BaldEagleBakery 9.9/10

See most of my items are on the lower end so the fluctuations in price doesn’t really effect me that much

Shananda

Cheers mate, knowing my luck it'll be gone by the time the fees come down 😂

B0W13

Yeah its shocking they haven't done anything still, I had to half my last order size and yesterday had to source some outside LB altogether.

Shananda

I'd be sourcing elsewhere as well if I knew of a better alternative

Otherlyether

I live in the scottish highlands so my alternatives are cowshit and turnips. This really needs sorting out. Buying here has become a lengthy and stressful shambles every time

B0W13

Exactly, so many people dont have an alternative and ive only been lucky this once.

Otherlyether

Its such a shame. This site is the best thing to have ever happened to weed culture in the UK, entirely let down by this disfunctional and useless method of payment

TheHashCollective23 9.8/10

Had to make a purchase.

Fees using BTC were £221.
Converted coin to ETH, while it cost me £60 to convert, the fees for sending ETH were 71p.

This site really needs to introduce alternative currency

bigboy454

£30 in fees for a £35 order just can’t believe it!!!!

Does anybody actually know why this is happening???? Did an order a couple of weeks ago and the fees were normal

pollypuff20

Btc volatility has been hugely positive recently - 20%-30% gains achieved over 30 day periods. Everyone wants to fill their wellies or take profits creating massive traffic on the blockchain. Miners can charge what they want to settle transactions. It’s proving that btc is utter shit when it comes to buying stuff! ..

bigboy454

Thanks, kinda makes sense I guess

Slewdem1184

Ordinals (pictures stored on a token) and BRC-20 (Shitcoins on BTC) are going nuts atm too doesn't help with fees as blocks are being spammed with shite now.

Foxy2022

Cost me over £40 today to send £200. Utter insanity. We NEED alternatives LB. BTC is going to be the death of the platform if we're not careful...

Green Avenger Weed 9.8/10

Network fees are currently absurd. Hopefully, administrators will explore alternative options. GAW

Republic_Of_Bud 9.9/10

We should all go on strike. Would cause mayhem at Xmas & LB would have to pull the finger out to avoid a massive loss for them.

Pukoman

Just paid 6 quid to send 56 on exodus,it's shocking still but best I have seen it for a while, hope it will be down to normal before long

grumpybloke

I'm sure that transaxe said litecoin would be an alternative payment option over a year ago, but nothing ever happened???

Shananda

Apparently they did say that. What a shame it hasn't happened.

MightyRux

I just paid £36 in fees to get 0.03BTC from Bittylicious. Then it was nearly £10 in priority gas fees to send over that amount to Transaxe. It's much more expensive than usual as it's near 4% fees for the initial transaction, and that's usually 2-3% (so not massively more), but the fees to send are usually 1/10th of that.

sydbarrett

Yep. Literally can’t afford to buy anything on here right now.

Meh. I’ll just have to crack into my shite stuff stash.

Hopefully it’ll get back to normal soon or Christmas is gonna be ruined 😟

Mattc81

The fees do comedown at night sometimes, maybe worth looking at about 22:00?

jsa91827

Honestly these network fees are an absolute pisstake atm. We definitely need an alternative payment method on LB. I personally took the hit this time but I really can’t continue to use LB going forward if the fees stay this high, which is such a great shame because i love LB and it’s been nothing short of a god send since i’ve started using it and i’d be gutted to go back to my street dealer, but these fees leave me with no other choice

Otherlyether

Even though my order has expired its now 8 days and my payment is still not confirmed, so my money is stuck in the blockchain for god knows how long. This is supposed to be a community based on trust. Id say that trust has been violated by LB administrators who still have not implemented any number of stable crypto alternatives after over a year of these ongoing ludicrous fee fluctations. Where in the world would you buy any other product where you have to throw your money into the void like this? It is truly ridiculous. Vendors are losing thousands and everyone is getting shafted using BTC. I just dont get it

Shananda

Network fees £20.56 on exodus right now (18/11/23) 😭

BennyMaC

How are peeps checking the transfer fee/ cost?
I only know wen I’m going to pay on coin base then I see the charges

BBDoom

https://mempool.space/

The cubes at top.

Jdizzle6

https://mempool.space/ Go on this website mate!

BennyMaC

Thanks mate

TeesideFella

Same here, after about a 100 times checking I see fee is in the £13 region now

BennyMaC

Did it process mate.otherlyether has posted just under here that his stuff didn’t process.
Thinking I may take the hit to order something off lb but not if it isn’t working still after paying fees

TeesideFella

I have BTC in coinbase, need to order of LB but holding back till the high network fee comes down

ohprivate

any chance these are fixed 21st?

TheSpecialTwo

Looking forward some changes too. Litecoin is best option now

Otherlyether

Can anyone here help me out at all please? Ive had my order expire after 4 days waiting after paying 25 quid fees on 120 quid order. Apparently the payment is still loading on the blockchain despite the order having expired. My wallet stll shows the funds in it but cant send them anywhere as theyve already been started on the blockchain. Have reached out to both Cryptonic and Transaxe with no response, Vendor couldnt help either but seems hes just as fuming as me with at least 40 orders been waiting to confirm for a week or more. So much money being thrown in the air here by all involved with no clear way of sorting out. This is a horrific mess for all concerned

BBDoom

https://www.blockchain.com/explorer/

Only way to sort it quick is to repay the fees, but more.
Go to this link, add your wallet address and find the btc transaction id, the btc transaction that's stuck.
This is the general btc transaction id, has nothing to do with lb nor transaxe.
You can pm me this transaction id and i can check if you can repay the fees if you want and i'll tell you exactly how.
Just know this if you paid high fees sending btc from your wallet to transaxe then you're gonna have to pay even more fees to push it through, up to you if it's worth it or not.

Stusleeper20vt

I just buy direct from coinbase and do it at night time.
Normally under a £ for a 100 transaction??

Gunitbiggy 10/10

It’s been £11 network fee to send from Coinbase for a week or so. Lowest it went to was £4 on Sunday morning

TeesideFella

Finally I have been verified on coin base after many days. I will wait till Sunday morning to add funds as you say it's cheaper. I think coin base give £5 bonus on first top up so this should compensate for the high fees

+11

Flyingscotsman

Hmm 31 quid fees on a 17 quid order 😳😳
Am never paying that not as long as ive got a hole in my arse 😤

ReefLostCause

4 or 5 days ago it went down to about £5 late at night on CB so I managed to send some to my wallet.. tried more today and its £14, that's the highest I've ever seen it lol

TeesideFella

If I'm buying £200 bit on coin base, it states £7 fee, is this normal price to buy?

Gunitbiggy 10/10

You are better off adding cash and then using advance trade to buy. It’s £14 network fee to send at the moment it’s a joke

TeesideFella

Am I right in believing LB don't accept LTC? Cos many other sellers onother websites state they can take litecoin as BTC fees are high at moment

Gunitbiggy 10/10

Yeah it’s BTC only here and nobody can understand why they won’t add a cheaper faster alternative option

TeesideFella

I only Dave debit card option to add money to coinbase, IV added £50 as a tester and they charged a £2 fee. Now when I want to send the BTC to coinbase wallet they are charging £14 fee. I also have a exodus wallet which tops up from whichever exchange that is giving the best rate (£9 fees) I'm abit confused. I'm wanting to buy a Oz which is 221dollars. Do I transfer from coinbase to exodus wallet and pay the £14 coinbase fee, do I pay the same fee again when sending from.exodus wallet to vendor. Or is it best to send from coinbase exchange to my coinbase wallet? What are people doing at the moment with fees being sold high

Johnnyh2

Not buying from LB atm unfortunately because of fees

TeesideFella

That's the transaction fee that's allways the same, we talking about the network fee here that you pay when transferring to wallet

6 posts

+10 votes

by Shananda

Looking for an exchange with very low fees

by Shananda

Looking for an exchange with very low fees

I've been using bitylicious to buy bitcoin from which I find quick and easy to use but the fees seem a bit high so I'm wondering what exchange in the UK has the lowest fees or very low fees that you yourself use and how do you find it in terms of user friendliness? Cheers

Budzinho 10/10

For KYC;
Kraken - 3.75% CC/DC, 0.5% bank t
Coinbase - 3.99% CC/DC, 1.49% bank t

For non-KYC;
Moonpay - 4.5% CC/DC, 1% bank t
Banxa 2% - CC/DC, 1% bank t