Subnostr

This might sound stupid I don't know, but I have been into Bitcoin for 2 years now , I run my own node , only buy p2p , Coldcard , the whole shootin-bang right , but I cannot seem to "time" the mempool .

When opening and closing lightning channels , it is always beneficial to wait until the fee's are low and the mempool is quiet, and maybe it's just cause ordinals are just jacking the price or whatever , but I can never seem to find this window of opportunity that everyone talks about when opening and closing channels or timing the right time to send an onchain transaction to minimise fees .

Do you have to be watching the mempool 24/7 or something ? Is there some kind of updates on fees that you can setup?

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Discussion

paulo 2y ago

I look at the shape of the mempool and sometimes decide to wait for a while before transacting (depending on what I see).

But I would like to see what other people say.

BITwise 🐳 >>= RIGHTish 2y ago

I just put in a low fee knowing I'll have to wait. 3 or 4 sat/vbyte tends to always clear in 24 hrs. If not, I'll bump it the next day with a RBF or CPFP

Nice and Kind Vic 2y ago

How are you doing a CPFP for a channel open?

BITwise 🐳 >>= RIGHTish 2y ago

It shows up in transactions under pending tab in RTL

Nice and Kind Vic 2y ago

I just realized you can CPFP those tx based on the change output!

BitcoinBird 2y ago

Hey, not what you asked for but as Someone into BTC myself this is something I would want to know. Look I to seedsigner and the advantages it has over coldcard to maximize security and truly air gap the seed. On the lightning front I’m struggling as somehow my node won’t connect to others.

Séimí Mac Síomón 2y ago

Coldcard is air-gapped brah

BitcoinBird 2y ago

I see. Now that makes me wonder what the difference is. Does cold card have vulnerabilities in terms of physical hacking?

BITwise 🐳 >>= RIGHTish 2y ago

#nodestrich #noderunner

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Jdwagner17 2y ago

It’s been rough since ordinals