Man I’d love to see a chart that maps the dollar fee for sending 500k sats in fee environments from 1 to 1000 sats/vbyte
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Can’t exist. Or must make assumptions to make this chart.
Why? Need to accoun for number of inputs and outputs. A typical transaction size is roughly 250 bytes. At bitcoin price of $100k, at 1 sat per vbyte that’s 25¢. A thousand fold fee rate would be $250. At $1M bitcoin and 1000 sat/vbyte fee rate, it’s $2500 per typical transaction.