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Author Topic: Funds basically stuck in breadwallet b/c of high transaction fee  (Read 168 times)
nightengale (OP)
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December 21, 2017, 04:38:05 AM
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I have about 0.93 btc in a breadwallet that was collected over time in much smaller transactions. The fee breadwallet recommends to move this coin is ~0.6 btc. I’m moving to cood storage and am in no hurry. I’d like to preserve as much of the funds as possible with a much lower priority transaction. Can anyone offer some advice on how to best accomplish this? Am guessing I will have to import my seed into something else? Thanks much for any suggestions.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 23, 2017, 01:31:26 AM
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Previously, I would have said, import to Electrum, send wallet balance to new address with "low" fee and use an accelerator like ViaBTC or AntPool...

However, AntPool no longer seems to work and ViaBTC is near impossible to use now.

Your best bet would appear to be to just wait and hold your coins where they are until fees are at a more reasonable level. Undecided

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Xynerise
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December 23, 2017, 08:51:47 AM
 #3

I have about 0.93 btc in a breadwallet that was collected over time in much smaller transactions. The fee breadwallet recommends to move this coin is ~0.6 btc. I’m moving to cood storage and am in no hurry. I’d like to preserve as much of the funds as possible with a much lower priority transaction. Can anyone offer some advice on how to best accomplish this? Am guessing I will have to import my seed into something else? Thanks much for any suggestions.
Since you say you are not in a hurry, you should wait till the transaction fees reduce considerably, then send them with a low fee (low priority fee for low priority transaction).

It should get there eventually, no matter how long it takes.
nightengale (OP)
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December 23, 2017, 03:34:59 PM
 #4

You guys are right, I am in no hurry so waiting mamws sense. Thanks for the thoughts.
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