Trezor TX sends done to demonstrate that sub 1.0 sats work.

[LoyceV]

These days I just pay probably more than is required to get a quick confirmation.

If you need a quick confirmation (let's say you're waiting for your coffee payment to clear), that's totally fine. But if you're not in a hurry, just keep your sats

[vapourminer]

These days I just pay probably more than is required to get a quick confirmation.

If you need a quick confirmation (let's say you're waiting for your coffee payment to clear), that's totally fine. But if you're not in a hurry, just keep your sats

when you have the attention span of a gnat (like myself) sometimes its worth the sats to confirm quicker lol

[LoyceV]

when you have the attention span of a gnat (like myself) sometimes its worth the sats to confirm quicker lol

Or just forget about it, especially when transferring between your own wallets.

[philipma1957]

These days I just pay probably more than is required to get a quick confirmation.

If you need a quick confirmation (let's say you're waiting for your coffee payment to clear), that's totally fine. But if you're not in a hurry, just keep your sats

when you have the attention span of a gnat (like myself) sometimes its worth the sats to confirm quicker lol

it matters somewhat if you have a lot of size to the send.

but if fees end up to be under 1 dollar I generally do not mind.

My sends tend to be few and not a lot of bytes in size.

[JayJuanGee]

Good for you philip, it’s not something I like to do though. It stresses me out waiting for an unspecified amount of time to wait for the first confirmation.

I’m probably a bit stupid but I usually always pay enough to be in the next block. For larger amounts in the past it has given me anxiety when for example Bitcoin Core estimates the fee and I am sat waiting hours for a confirmation. I have had to use RBF a number of times for that reason.

These days I just pay probably more than is required to get a quick confirmation.

Maybe there are 3-ish categories (and maybe with subcategories) of recipients..

such as:

1) sending to ourselves in a way that is not urgent - so could arrive within a few days or even a week-ish.. or even be used as an experiment category that is not urgent.

2) sending to a known person like a friend or relative who is not worried about receiving the transaction so that might be within 24-48 hours.

3) sending to an unknown person who wants the transaction confirmed in 10- minutes if possible... .but yeah, might be willing to wait an hour or two, yet will not release merchandize without having at least 1 confirmation - sometimes even wanting more than 1 confirmation.

My preference tends to be to look at the recent transactions on mempool space to figure out what level has been clearing and to mostly send customized transactions that have my own estimation of how long it might take.

In recent times, with costs mostly below 10 sats per vbyte  I am not very worried about costs, even thugh surely if the transaction is very small there could be concerns about the next hops on such small transactions, to the extent that the UTXOs are not being consolidated. .which I don't tend to consolidate very often since I don't tend to keep too many very small transactions, and I even tend to try to keep my change UTXOs, sufficiently large.. . .but yeah, if the transaction goes to a hot wallet or even there are multiple transactions in a hot wallet, then there could end up being several small UTXOs from not being purposeful in controlling the transactions and/or the change amounts.

when you have the attention span of a gnat (like myself) sometimes its worth the sats to confirm quicker lol

Or just forget about it, especially when transferring between your own wallets.

Sometimes if I had either sent low priority transactions or I had purposefully tried to save fees, I still might start to get anxious if the transaction had not cleared after a few days.. which sometimes happens in those kinds of situations, and surely any of us who have been dealing with these matters for a while have likely ended up in situations of several weeks or more than a month of waiting for a transaction to go through.

[LoyceV]

Sometimes if I had either sent low priority transactions or I had purposefully tried to save fees, I still might start to get anxious if the transaction had not cleared after a few days.. which sometimes happens in those kinds of situations, and surely any of us who have been dealing with these matters for a while have likely ended up in situations of several weeks or more than a month of waiting for a transaction to go through.

I've been there, but it doesn't make me feel anxious. I know my funds will either arrive, or I can create a new transaction with one of the inputs and overwrite the original. Either way, I don't worry about it

[LFC_Bitcoin]

I remember paying to get a stuck transaction confirmed back in the day. I think I messaged Quickseller for help but he wasn’t around at the time so I paid a pool to increase the fee. This was many years ago during the fork wars when the network was getting spammed. Fees are low now and have been for a while since all the Ordinals nonsense died off.

[philipma1957]

I remember paying to get a stuck transaction confirmed back in the day. I think I messaged Quickseller for help but he wasn’t around at the time so I paid a pool to increase the fee. This was many years ago during the fork wars when the network was getting spammed. Fees are low now and have been for a while since all the Ordinals nonsense died off.

and if you use a trezor a fee increase option does exist .

It is why I recommend a trezor for some of your coins. (not all of course)

and that is the all inclusive your not just LFC_Bitcoin.

[JayJuanGee]

Sometimes if I had either sent low priority transactions or I had purposefully tried to save fees, I still might start to get anxious if the transaction had not cleared after a few days.. which sometimes happens in those kinds of situations, and surely any of us who have been dealing with these matters for a while have likely ended up in situations of several weeks or more than a month of waiting for a transaction to go through.

I've been there, but it doesn't make me feel anxious. I know my funds will either arrive, or I can create a new transaction with one of the inputs and overwrite the original. Either way, I don't worry about it

There weren't as many tools in late 2017, yet I recall sending like around $10 to a friend in like the first week of December 2017.  I was introducing such friend to direct bitcoin transactions and pointing out how to use a wallet on the phone.  Sure I probably low balled the transaction, and since it had not gone through in around the 3rd week of January, I decided to send the transaction again with a slightly higher fee, and then both of those transactions cleared a few days later. So my friend got double gifts.

There were aspects of bitcoin that I was pushed into learning about and also reconsidering what I had thought to be purposeful attacks on the bitcoin blockchain, so in some sense, I had expectations that the aberrations would get addressed and also that better tools would be developed, and of course, we have had various surprises through the years, and perhaps even contributing to skepticisms in regards to the adequacy of tools to deal with matters and/or how we might try to protect ourselves from getting into similar pickles - since there might be times that we just have to have other options available.

When I travel I will frequently ask merchants if they accept bitcoin, and sometimes my cash situation has not been good, so then I am trying to ask about the various ways that I might be able to pay, besides cash (or I don't want to completely deplete my wallet and/or have to look for an ATM that accepts my card without too many fees), and in the past 6-ish months, I have had a couple of instances in which I paid through Cash App in a location outside of the USA, but the person did not accept bitcoin even thought they had cash app, yet at the same time, the reason that they had ability to accept payments through cash app was because they had a USA bank account even though they were outside of the USA.

It is nice to have options, even though sometimes there can also be frustration with the experimentations or even concerns about fees that might be charged on the back end if certain kinds of processes are followed. Many times I will pay with a credit card even though there can be extra costs, since so many folks seem to prefer cash, and so surely if I tell them that we can get rid of some of the fees by transacting in bitcoin, they are not set up for it and they are not wanting to get set up for accepting bitcoin.  I have had some say that they could accept bitcoin, but then when we actually went into the process of figuring out how we were going to transact, there were issues with that.. and sometimes it ended up being the case that they were not even capable of carrying out the transaction in bitcoin, even though they had initially said that they could.

[MusaMohamed]

I remember paying to get a stuck transaction confirmed back in the day. I think I messaged Quickseller for help but he wasn’t around at the time so I paid a pool to increase the fee. This was many years ago during the fork wars when the network was getting spammed. Fees are low now and have been for a while since all the Ordinals nonsense died off.

Ordinals died off and so did Runes, they are all useless inscriptions which only tried to scam naive and greed people who had bitcoins but did not know how to get profit from their bitcoins. They did not choose to do the easiest thing, holding their bitcoins for great profit but tried to bet with Ordinals and Runes, which eventually costed them severe losses.

Their appearances, hypes and disappearances, deaths are not too far with each other in time.
The emergence of Ordinals.
Inscriptions, Mempools, and Miners.
Bitcoin transactions hit 18-month low as Runes and Ordinals hype fades.

[LoyceV]

There weren't as many tools in late 2017

I used to send zero-fee transactions when I started with Bitcoin: as long as at least one of the inputs had "medium priority", the entire transaction up to 1 kB could be send without a fee. Those were the days, but this feature was removed. My last one I had to double spent after a few weeks, which was indeed much more annoying back then, as it involved "zap wallet" (I'm not sure anymore what the exact name was).

I recall sending like around $10 to a friend in like the first week of December 2017.

That's the only month in which I paid $25 in fees for a small transaction, it was almost 0.002 BTC. Such a waste! Since then, I try to keep my fees to the absolute minimum.

I decided to send the transaction again with a slightly higher fee, and then both of those transactions cleared a few days later. So my friend got double gifts.

That could have been prevented if you would have used the same input, but I assume you know that now
I miss those days though. Sending small amounts of Bitcoin to get a feel of how it works. I must have done that hundreds of times between different wallets when I started with Bitcoin.

I have had some say that they could accept bitcoin, but then when we actually went into the process of figuring out how we were going to transact, there were issues with that.. and sometimes it ended up being the case that they were not even capable of carrying out the transaction in bitcoin, even though they had initially said that they could.

When I started in Bitcoin, I was much more hopeful for actual adoption than I am now. Sure, the price is much higher, but I don't know more places that accept it.