122 sats \ 2 replies \ @TheBTCManual 25 Feb \ on: How Low Will We Go? bitcoin
fees are pretty reasonable these days 11-15 sats per vbyte is not bad, doubt it gets much lower than that, the pool is still pretty full so yeah who knows how long before a miner sees that and thinks fine I'll add it in.
You're only going to end up shooting yourself in the foot with these small UTXOs, it's going to cost you a fortune to move them in the future and you'll also have to factor in coin consolidation transactions.
The easiest option is to delay withdrawals till you hit a certain amount, or buy your DCA in bigger increments. Relai did announce they are launching a breez SDK with greenlight too so you can have a LN wallet with them soon, where you hold the keys to the wallet but the node is managed by blockstream, that could be the solve for this
Yeah, this is something that was good advice a few years ago that has since turned out to be wrong.
I'm not from Europe but had heard good things about Relai. So buying week by week 10 euros is fast becoming dust as Bitcoins dollar value rises and fees too. Relai verifies each buy order can be proved on chain and the ironic thing is that using a sh$tcoin casino like Binance or Kraken would not have had this withdrawal problem.
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Lol yeah I totally feel that last point, I do P2P when there are good deals but for my DCA I use a local shitcoin casino because there's a decent order book, I can do my limit orders on there too and the fees are cheap since they subsidised by all that shitcoin trading fees
We don't have any Bitcoin only places to use in South Africa, Drain the exchange by any means necessary
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