<p>This is expected behavior, especially on testnet. The fee estimator will often return the same fee rate estimate for confirmation targets after a certain value because there isn't enough or any data about transactions confirming at those confirmation targets. So it falls back to the highest confirmation target that it can estimate for and uses that for confirmation targets than that.</p>

<p>Also, you are on testnet which does not really have a fee market, and whatever fees it may have are probably bogus. Thus any fee estimates are also bogus.</p>

CC BY-SA 4.0
2019-06-10T20:54:34.370Z
2019-06-10T20:54:34.370Z
Ava Chow
<p>Running 18.0 on Testnet, fully synced at 1541869 blocks.</p>

<h1>bitcoin-cli estimatesmartfee 10</h1>

<pre><code>{
  "feerate": 0.00001014,
  "blocks": 10
}
</code></pre>

<h1>bitcoin-cli estimatesmartfee 50</h1>

<pre><code>{
  "feerate": 0.00001014,
  "blocks": 50
}
</code></pre>

<h1>bitcoin-cli estimatesmartfee 1000</h1>

<pre><code>{
  "feerate": 0.00001012,
  "blocks": 1000
}
</code></pre>

<h1>bitcoin-cli getblockchaininfo</h1>

<pre><code>  "verificationprogress": 0.9999922066691247,
  "initialblockdownload": false,
  "size_on_disk": 24450857625,
</code></pre>

<p>Any ideas? Thanks</p>

CC BY-SA 4.0
2019-06-10T16:29:00.213Z
What is the problem? Testnet has a bogus fee market; you should expect bogus estimates to come out.
Pieter Wuille
<bitcoind>
EstimateSmartFee returning same amount, regardless of conf_target
Will Jackson
# EstimateSmartFee returning same amount, regardless of conf_target

(Asked by: username_0 on 2019-06-10)

Running 18.0 on Testnet, fully synced at 1541869 blocks.
bitcoin-cli estimatesmartfee 10
{
  "feerate": 0.00001014,
  "blocks": 10
}

bitcoin-cli estimatesmartfee 50
{
  "feerate": 0.00001014,
  "blocks": 50
}

bitcoin-cli estimatesmartfee 1000
{
  "feerate": 0.00001012,
  "blocks": 1000
}

bitcoin-cli getblockchaininfo
  "verificationprogress": 0.9999922066691247,
  "initialblockdownload": false,
  "size_on_disk": 24450857625,

Any ideas? Thanks

**Tags:** bitcoind

> **Comments:**
> **username_1**: What is the problem? Testnet has a bogus fee market; you should expect bogus estimates to come out.  

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## 1 answers

### Answer by username_2 on 2019-06-10. Score: 0 | Accepted answer

This is expected behavior, especially on testnet. The fee estimator will often return the same fee rate estimate for confirmation targets after a certain value because there isn't enough or any data about transactions confirming at those confirmation targets. So it falls back to the highest confirmation target that it can estimate for and uses that for confirmation targets than that.

Also, you are on testnet which does not really have a fee market, and whatever fees it may have are probably bogus. Thus any fee estimates are also bogus.


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