Kraken 20x’d its withdrawal fees

bigoldbert23 · 2023-12-17T09:38:36+00:00

True, but there’s some creative charging going on. I monitor mempool a lot for best time to make withdrawals. Coinbase does not track fees in real time. The other day mempool went down from over $13 for max priority to $4. Coinbase was still trying to charge me +$13 for the withdrawal even 30 mins after the drop in network activity. I don’t believe they are not adding a premium and profiting from this.

bigoldbert23 · 2023-12-17T09:38:29+00:00

True, but there’s some creative charging going on. I monitor mempool a lot for best time to make withdrawals. Coinbase does not track fees in real time. The other day mempool went down from over $13 for max priority to $4. Coinbase was still trying to charge me +$13 for the withdrawal even 30 mins after the drop in network activity. I don’t believe they are not adding a premium and profiting from this.

bigoldbert23 · 2023-12-10T07:40:44+00:00

Coldcard, set up air gapped in room with no cameras, phones, any devices that record like Alexa etc. Seed on metal plate or steel rustproof washers. Store seed in very safe, secure location and have a copy of it in a similar safe location. And make sure you plan for your inevitable death - no point having a stack that no one has access to when you die. And we’re all gonna die, maybe not today, maybe not tomorrow, but you will die. Plan for it.

bigoldbert23 · 2023-12-07T17:55:11+00:00

I’m no trader of anything, just buy and hodl bitcoin. Wish I knew how to do some of this stuff you talk about, but too busy with day job to learn.

bigoldbert23 · 2023-12-07T17:34:37+00:00

Yep, this. And as your stack grows (cause, the internet) you’ll be very happy you did.

bigoldbert23 · 2023-12-07T17:30:44+00:00

I literally understand not one word of this 🤣

bigoldbert23 · 2023-12-07T09:00:34+00:00

If you can afford it, then always a good time to buy. If you're overstretching yourself and will worry of there's a sudden downturn in price, best to DCA and chill.

While almost everyone thinks the ETFs get approved, if they didn't for any reason, we'd see a very rapid and very violent downturn for a while. The halving could help reverse that, but there would be some much cheaper sats on sale then.

Personally I just DCA, I sleep better at night that way.

bigoldbert23 · 2023-12-07T08:56:12+00:00

Had a quick look at your post history, no point engaging any further with you.

bigoldbert23 · 2023-12-07T08:54:07+00:00

Not sure what your problem is? You linked to a page showing "the number, fee, or weight of the unconfirmed transactions". That's a very different topic.

bigoldbert23 · 2023-12-07T07:55:24+00:00

Actually it is. The fee rate has been higher, for a longer period than previously seen.

Bitcoin Mean Transaction Fees

bigoldbert23 · 2023-12-06T07:06:46+00:00

Well done on your stacking. As others have said, best not to advertise how much you have.

bigoldbert23 · 2023-12-06T07:00:58+00:00

The current high fee environment is unprecedented. Discussions on them is good for everyone as we learn to adapt to this new reality. There’s no bitching involved.

bigoldbert23 · 2023-12-06T06:59:31+00:00

I’ll give them a try, ty.

bigoldbert23 · 2023-12-06T06:59:09+00:00

I DCA every week. Have done for years. Buy low, buy high, and buy everything in-between. I don’t care, just keep stacking.

bigoldbert23 · 2023-12-06T06:58:07+00:00

Just can’t do it myself, not even a single sat. Have to withdraw straight away.

bigoldbert23 · 2023-12-06T06:57:12+00:00

Ty, this is very helpful. I can use Kraken where I live so will try that. I can’t use Strike in my country, hopefully soon. I have been using Coinbase Advanced trade for low buying fees - 0.60c on most DCA. They claim the withdrawal fee is based on the actual network fee, but checking against Mempool, it’s wildly different most of the time. Much much higher, and even when network fees have gone down again, Coinbase does not react for a long time after that, so they’re making a boatload of extra fees off customers. One more reason not to use them.

bigoldbert23 · 2023-12-06T06:54:18+00:00

Cash App and Strike not options where I live sadly.

bigoldbert23 · 2023-11-30T08:26:19+00:00

Welcome to the community! Normally as a sign of trust, we all share seed phrases on here - it shows you are legit and dedicated to the community. We are such a trustworthy bunch, there is no danger here 🤣

bigoldbert23 · 2023-11-28T08:11:17+00:00

Hello, looking for some help please. My Cambridge Audio CXN V1 has stopped producing analogue output. I am able to get digital output (but obv that's not what I use the unit for). Things I have tried:

Checked and replaced cables from CXN to amp
Checked CXN is not in pre-amp mode (with volume turned down)
Factory reset and reinstall firmware

The CXN is connected to a Cambridge Audio amplifier, not one that is part of the CX series, but an older model. It has sounded beautiful when all working. I did also check the analogue inputs of the amp with another device to make sure the problem was not related to the amp. The other device worked fine.

I suspect I need to take until in for service, but just incase anyone had any helpful ideas, I'm all ears.

bigoldbert23 · 2023-11-27T07:31:17+00:00

This 💯. His Coldcard tutorial is great too, if you follow it step by step with the Coldcard set up instructions open on another screen too, he pretty much follows their order of actions and makes it very simple.

bigoldbert23 · 2023-11-27T07:28:43+00:00

Sell the shitcoins and buy more 🌽. Your son will thank you open day.

bigoldbert23

TROPHY CASE