Hey everyone!
I was given a bitcoin all the way back in 2013. Last night, I decided to salvage it from my old hard-drive to cash-out and buy some Ethereum.
After I recovered it, I tried to move it from my old Multibit Classic wallet to Coinbase. I sent a test through of $2 and it worked. So, I sent $300 to buy Ethereum. But it got stuck: it just has just shown 'seen by 1 peer' ever since.
Having read around the internet, I now understand that Multibit is (a) highly buggy, and (b) has a fixed transaction fee which is well below the amount necessary to achieve full circulation.
So, my question is, what do I do now?
One apparent solution is to go to Tools > Reset Blockchain and Transactions. But lots of people online have said that, when they actually did this, it wiped all of their bitcoins. I have back-up private keys, which I'm told I 'might' be able to use to restore my old wallet. But I don't want to risk all my bitcoin for 'just' $300 worth of bitcoin.
I seem to have two options:
- Follow the above guidelines and reset the blockchain, but risk losing all of my bitcoin
- Move the private keys to another wallet (maybe electrum), but risk losing my $300
Is there another option? Which option is best?
Any help would be REALLY appreciated - I'm a bit lost right now