RBF may not be an acceptable solution for some points of sale,
RBF is an acceptable solution in absolutely every case. If you already sent transaction with high fee and it's not getting confirmed, that only means that your fee isn't high enough to get tx confirmed and RBF gives you the possibility to solve that case.
Topic: Btc accelerator sites (Read 462 times)
I think he's referring to how some services don't accept RBF transactions to prevent double-spending scams.
RBF may not be an acceptable solution for some points of sale,
RBF is an acceptable solution in absolutely every case. If you already sent transaction with high fee and it's not getting confirmed, that only means that your fee isn't high enough to get tx confirmed and RBF gives you the possibility to solve that case.
I agree, but some still think that Bitcoin is anonymous and transactions are super cheap in the sense that you pay 1 cent and nothing more. On the one hand, they don't mind when CEX charges them $5 or $10 for a withdrawal, and on the other hand, it's a lot for them to pay $1 when they send it from their personal wallet.
That's a psychological factor. This accident pretty much reminds me the moment in life where people are lazy enough to work for their self-improvement but when they have no skills and no other choice, when someone hires them on a shit job, they are pushed to work 8-10 hours to make their boss rich. RBF may not be an acceptable solution for some points of sale, and if you pay high fees and the transaction is not confirmed, then inevitably using RBF means higher fees. the correct thing is to choose a good wallet and a good program to estimate fees, and then pay fees equal or slightly higher to ensure that your transaction is confirmed. Fee estimation means that you will always pay higher fees.
RBF is an acceptable solution in absolutely every case. If you already sent transaction with high fee and it's not getting confirmed, that only means that your fee isn't high enough to get tx confirmed and RBF gives you the possibility to solve that case. 
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This is why he said "when you are not in a hurry" 
In some situations, volatility doesn't matter much. For example, holders or those who regularly consolidate their inputs pay the lowest fee possible, most of the time. They don't care about the price whether it goes up or down.
If you are in a hurry, then use a good fee estimator such as mempool.space to know how much you need to pay.
If you calculated your price in USD and want to convert them soon, then I would at least send transaction with low recommended fee with enabled RBF because there is no point if your $100 goes down to $80 and you saved $1 in fees. Overall, you are in loss in this case.
It's meaningless to send with 1 sat/vbyte or 2 and broadcast your transaction over and over again.
If you want to pay by bitcoin, the problem will not be in volatility, as the merchant will have a certain time before canceling the transaction, and thus re-broadcasting it for many weeks, which means that you have not paid.It's meaningless to send with 1 sat/vbyte or 2 and broadcast your transaction over and over again.
Use cases in such scenarios are sometimes you may need this when you want to collect your income addresses and don't want to pay a lot of fees.
RBF may not be an acceptable solution for some points of sale, and if you pay high fees and the transaction is not confirmed, then inevitably using RBF means higher fees. the correct thing is to choose a good wallet and a good program to estimate fees, and then pay fees equal or slightly higher to ensure that your transaction is confirmed. Fee estimation means that you will always pay higher fees.
~snip~
It's meaningless to send with 1 sat/vbyte or 2 and broadcast your transaction over and over again.
It's meaningless to send with 1 sat/vbyte or 2 and broadcast your transaction over and over again.
I agree, but some still think that Bitcoin is anonymous and transactions are super cheap in the sense that you pay 1 cent and nothing more. On the one hand, they don't mind when CEX charges them $5 or $10 for a withdrawal, and on the other hand, it's a lot for them to pay $1 when they send it from their personal wallet.
It all boils down to the fact that one should always expect an increased number of transactions, and that the fee that has been paid may become insufficient at that moment - that's why I always pay a few sats more if I want a confirmation as quickly as possible, with of course RBF, which is something that everyone should learn to use.
Forget about accelerators, because there is only one that "works", but only if you meet certain conditions such as minimum fee and transaction size.
1 sat/vbyte is no longer accepted by most nodes, and therefore it will be rejected and you will not even be able to broadcast it.
Nodes are accepting 9 sat/vbyte of transaction when I check it today.Bitcoin is so volatile, I think it's a little bit stupid to send transaction with very low fee and wait weeks to get it confirmed, o
It is not stupidity that caused it, ignorance caused it. Some people could have be used low fee and their transactions were confirmed very fast before, but the memory pool suddenly become congested and they have little knowledge about bitcoin transaction. People that know what they are doing can use low fee and make the transaction to be RBF in a way they can increase the fee at anytime that they want.
It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
Because of the site's description? And google's recommendation when searching? This is something only to people who have knowledge on how to make transaction get accelerated can understand.
Google is keywords base if a site even if its service is questionable can still rank online if it has a lot of backlinks, they are an old site and the webmasters know how to configure the tags to rank online unless there is a request to ban the domain a site can rank if all the parameters are there for the site to rank.
Quote
To help you out, we’ve shortlisted the most important ranking factors for improving your site’s rank in search results.
High-quality Content Backlinks, Search Intent and Content Relevancy
Website Loading Speed, Mobile Friendliness
Domain Authority, Keyword Optimization,Website Structure
Website Security, On-page Experience
High-quality Content Backlinks, Search Intent and Content Relevancy
Website Loading Speed, Mobile Friendliness
Domain Authority, Keyword Optimization,Website Structure
Website Security, On-page Experience
https://www.monsterinsights.com/google-ranking-factors/
In the case of the keyword Free Bitcoin accelerator, this is what shows on my end
So you see, the site on top is questionable but the webmaster knows how to rank the site to snatch the keyword, free Bitcoin accelerator.
It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
If you are not in a hurry, then broadcasting a transaction with the lowest fees accepted by nodes and re-broadcasting it will make you pay the cheapest possible fees, but in return you may wait a long time, so this is not an acceleration of the transaction, but rather a reduction of the fees to the minimum level.1 sat/vbyte is no longer accepted by most nodes, and therefore it will be rejected and you will not even be able to broadcast it.
It's meaningless to send with 1 sat/vbyte or 2 and broadcast your transaction over and over again.
It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
If you are not in a hurry, then broadcasting a transaction with the lowest fees accepted by nodes and re-broadcasting it will make you pay the cheapest possible fees, but in return you may wait a long time, so this is not an acceleration of the transaction, but rather a reduction of the fees to the minimum level.1 sat/vbyte is no longer accepted by most nodes, and therefore it will be rejected and you will not even be able to broadcast it.
..and no, google doesn't recommend this or that website to anyone for particular tools/services, search engine works in a different way.
Well, try it for yourself, those "bitcoin accelerators" are the one who will show in google search page if you search bitcoin accelerators, either free or paid one. Broadcasting your transaction doesn't accelerate the confirmation time, it only reminds nodes that your transaction exists and they call it an acceleration.
It only makes their transactions to remain stuck in the memory pool forever until the transaction luckily get confirmed by itself. It gives the inconveniencen of not able to rebroadcast ones coin again because rebroadcasting it makes it to stay in the mempool.People that will use the accelerator sites do not know about transaction accelerator because they do not have the technical experience about how it works.
It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
Because of the site's description? And google's recommendation when searching? This is something only to people who have knowledge on how to make transaction get accelerated can understand.
By the way, free bitcoin transaction accelerators tell you truth and lie to you at the same time. They tell you that they are going to accelerate your transaction (lie) and at the same time they tell you that all they do is that they are broadcasting your transaction via nodes (true if actually true). Broadcasting your transaction doesn't accelerate the confirmation time, it only reminds nodes that your transaction exists and they call it an acceleration.
It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
Because of the site's description? And google's recommendation when searching? This is something only to people who have knowledge on how to make transaction get accelerated can understand.
"success" in the past does not mean that they actually "accelerated" your transaction because the bitter truth is that they did not. What you think was success was actually the fact that the optimal fee rate dropped as transactions kept getting cleared from the mempool with time until your transaction was included in the next block. With or without the so-called accelerators, your transaction would have been confirmed in that block at that very time anyway. Stop misinforming members.
It's very ok to either use the wallet that supports the use of RBF function like electrum wallet and then pump the fee to accelerate the transaction or rather you make use of the mining pool to accelerate your transactions where it will be broadcasted along with their own transactions to be confirmed together, but one thing i will like to add is that sometimes there maybe no need for doing this if the mempool is not congested, you can know that by checking it before making your transactions.
I used these with success in the past:
All these do is rebroadcast your transaction. They are absolutely useless. They achieve literally nothing if your transaction is still in the mempool, and if it isn't in the mempool might make things worse by rebroadcasting your transaction after it has dropped, preventing you from making a new transaction with a higher fee.It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
There is a new paid transaction acceleration service from Shitnance, uups, sorry, Binance, here you can check it out: https://pool.binance.com/en/acceleration
P.S. It's only for VIP users but it's easy to get VIP on Binance. Or you can just ask a friend or someone here.
I used these with success in the past:
All these do is rebroadcast your transaction. They are absolutely useless. They achieve literally nothing if your transaction is still in the mempool, and if it isn't in the mempool might make things worse by rebroadcasting your transaction after it has dropped, preventing you from making a new transaction with a higher fee.It is interesting that people have difficulty accepting this fact and everyone hopes that it will somehow speed things up, but without it costing them. Then why would anyone pay a fee of more than 1 sat/byte, if they can subsequently just accelerate the transaction and finish the job?
I used these with success in the past:
All these do is rebroadcast your transaction. They are absolutely useless. They achieve literally nothing if your transaction is still in the mempool, and if it isn't in the mempool might make things worse by rebroadcasting your transaction after it has dropped, preventing you from making a new transaction with a higher fee. 
I used these with success in the past:
https://bitaccelerate.com/
https://www.bitcoinjumper.com/
And this one (but no free version any more):
https://btcnitro.com/
https://bitaccelerate.com/
https://www.bitcoinjumper.com/
And this one (but no free version any more):
https://btcnitro.com/
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