Quote from: wmabern on May 28, 2017, 08:50:36 PM

Quote from: bronder on May 28, 2017, 08:20:30 PM

Quote from: ComputerGenie on May 28, 2017, 08:12:38 PM

To my public bitcoin address. Wink

While I admit that current conditions are pushing fees upwards on "consolidated" transfers, I'd rather loose some bitcoin in the future than give all of it to someone else in the present.

What hardware or software do you use to house your wallet? I'm guess you don't use an exchange public bitcoin address. I understand your distrust on Exchanges, Coinbase has been offline several times in the last few days particularly when the price was climbing.

If you have enough space on your PC - or preferably an extra PC you don't regularly use - I would install Core and use that wallet. That way your BTC are under your control and YOU are responsible for the keys and their safe-keeping.

That is what I do. I run a full BTC node and also use the wallet. One good thing about using the Core wallet is that you can get away with using smaller fees (at least in my experience). From what I understand when you send BTC using the Core wallet it will broadcast it to multiple other nodes and will keep broadcasting the transaction until it is picked up. I have never had a low-free transaction not picked within 12 hours.
Of course you can adjust the fee slider to get faster transactions.
But the point is you are not relying on an exchange to hold your coins.

But BEWARE! YOU are responsible for the safe-keeping of your wallet. You must back it up to multiple secure locations so that with the private keys, you can recover your wallet in case of your PC burning up, crashing, natural disaster. My point is that you need to keep your wallet backup in a multiple secure locations. That way you can recreate your wallet.

There are pro's and cons of using Core. But you can pick your poison.

Yup...and (a la Dune)..."My poison is your poison"...or something like that. Kiss

You and I are rolling alike. When I send out rewards to my partner, I use really minimal tx fees...but, at least it seems, because I run the full node and Core, I've never had one not confirm in 12 hrs. It's usually only a couple of hours. Maybe just lucky...