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Topic: Mempool ATH - 140K unconfirmed transactions - page 2. (Read 1898 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
And now we don't care about you and your view so everybody is happy complaining wherever the fuck we want. Smiley
That's right. The uneducated shouldn't listen to what their experts preach. You might as well join the flat Earth & anti-vaccination camps. Roll Eyes

People have been saying that bitcoin needs to change, BU, segwit, ... there are a lot of suggestions out there, however, I think they are not really necessary. That is why people always refuse. I hope your remedy can solve the problem.
BU is not a solution of any kind.

Because it's not really. That line was sarcastic.
I wasn't commenting on your line. You also do realize that written sarcasm without ('/s') rarely makes any sense? Time for a lesson: Poe's Law.

Yes, yes there is. The fees are now on PayPal levels. The incentive of using Bitcoin for lower fees (at sane, consumer-level amounts) is gone. Businesses also care about profit, and if Bitcoin is more expensive they won't use it.
Anyone who thinks that low fees are Bitcoin's main or only appeal is short-sighted though.

And on that note, SegWit is very far from getting miner consensus. No amount of complaining will change that.
No Segwit == no solution. The alternatives are much worse.

sr. member
Activity: 420
Merit: 251
I don't find this surprising nor a reason for celebration.

Because it's not really. That line was sarcastic.

Hooray for 220 satoshis per byte fees.
There's nothing wrong with that, and it won't likely change until we see Segwit getting adopted.
Yes, yes there is. The fees are now on PayPal levels. The incentive of using Bitcoin for lower fees (at sane, consumer-level amounts) is gone. Businesses also care about profit, and if Bitcoin is more expensive they won't use it.

And on that note, SegWit is very far from getting miner consensus. No amount of complaining will change that.
sr. member
Activity: 406
Merit: 250
This is cores vision. A full block chain settlement layer with high fees.
There is no such thing as "Cores vision". There is only a minor scaling plan ever issued on the website. Please stop spreading fake propaganda.

We should demonise the miners as Lauda propagandises. Hopefully the revolting miners will become truly revolting as a result.
We should. I highly suspect that some are either paid by certain entities to stall or they are just reaping the monetary gain of the high fees (which will reduce (at least temporarily) with a capacity increase).

With a bitcoin at the present time, we really need a measure which was talking about by you, I do not need to reiterate about it. People have been saying that bitcoin needs to change, BU, segwit, ... there are a lot of suggestions out there, however, I think they are not really necessary. That is why people always refuse. I hope your remedy can solve the problem.
legendary
Activity: 1148
Merit: 1001
I don't care about others (see apathy). That is not my philosophical view, and it would be a very weak one. What you can, and should do, is complain to your miners/pools for not adopting Segwit.

And now we don't care about you and your view so everybody is happy complaining wherever the fuck we want. Smiley
legendary
Activity: 2674
Merit: 2965
Terminated.
This is cores vision. A full block chain settlement layer with high fees.
There is no such thing as "Cores vision". There is only a minor scaling plan ever issued on the website. Please stop spreading fake propaganda.

We should demonise the miners as Lauda propagandises. Hopefully the revolting miners will become truly revolting as a result.
We should. I highly suspect that some are either paid by certain entities to stall or they are just reaping the monetary gain of the high fees (which will reduce (at least temporarily) with a capacity increase).
sr. member
Activity: 476
Merit: 501
This is cores vision. A full block chain settlement layer with high fees.

We should demonise the miners as Lauda propagandises. Hopefully the revolting miners will become truly revolting as a result.
legendary
Activity: 1092
Merit: 1000
Nothing wrong with that???
Again, stop pricing fees in USD. The Bitcoin price grew significantly, and this trend is likely going to continue. The recommended fee-rate is completely disconnected from the price in fiat.

Maybe in your country 1USD is nothing, for many others is something.
I don't care about others (see apathy). That is not my philosophical view, and it would be a very weak one. What you can, and should do, is complain to your miners/pools for not adopting Segwit.

You are one arrogant person, telling someone to stop pricing fees in US$.

All anyone can do is use LTC instead until BTC fixes the ONCHAIN Transaction Capacity Issues.
No one cares about Shitwit or LN Offchain Shenanigans.
After Using LTC and paying less than a few pennies, most will not go back to BTC.
Especially after only needing ~15 minutes to complete a LTC transaction with 6 whole confirmations verses hours or days for BTC to complete a transaction.

 Cool

FYI:  @Lauda ,
Performance Matters and your Apathy can't change that.  Wink
legendary
Activity: 2674
Merit: 2965
Terminated.
Nothing wrong with that???
Again, stop pricing fees in USD. The Bitcoin price grew significantly, and this trend is likely going to continue. The recommended fee-rate is completely disconnected from the price in fiat.

Maybe in your country 1USD is nothing, for many others is something.
I don't care about others (see apathy). That is not my philosophical view, and it would be a very weak one. What you can, and should do, is complain to your miners/pools for not adopting Segwit.
legendary
Activity: 1148
Merit: 1001
Hooray for 220 satoshis per byte fees.
There's nothing wrong with that, and it won't likely change until we see Segwit getting adopted.

Nothing wrong with that??? Maybe in your country 1USD is nothing, for many others is something.
legendary
Activity: 2674
Merit: 2965
Terminated.
I don't find this surprising nor a reason for celebration. This is caused due to several things:
1) Miners not following user/economy consensus by not implementing Segwit.
2) Increased usage demand.
3) Spam attack.

It is very easy to make the mempool go "crazy" if there is no more capacity within the blocks and the demand suddenly increases. Additionally, we shouldn't price fees in USD (as will do in this thread) due to the constant increase in the price.

Hooray for 220 satoshis per byte fees.
There's nothing wrong with that, and it won't likely change until we see Segwit getting adopted.
sr. member
Activity: 420
Merit: 251
Yes it's one of these threads again.



Let's celebrate hitting 135,129 unconfirmed transactions, a huge milestone for Bitcoin.
Right now we're at 91K, and we've been over 40K for 4 days now. Hooray for 220 satoshis per byte fees.
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