Ep. 335: The Bitcoin Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Different Types of Bitcoin Transactions
On Bitcoin the fees are proportional to the amount of data the transaction consumes. Coins that have been simply sitting in an account do not take any fees to move. So old and large coins are prioritized as free transactions. If you wait two or three days or up a week before sending the money, then it will fall into the category of being a free transaction.
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Transcript
