- fastestFee: 508 sat/vB
- halfHourFee: 480 sat/vB
- hourFee: 431 sat/vB
- economyFee: 22 sat/vB
- minimumFee: 11 sat/vB
Topic: Mempool Observer Topic - page 3. (Read 10046 times)
- fastestFee: 30 sat/vB
- halfHourFee: 29 sat/vB
- hourFee: 28 sat/vB
- economyFee: 14 sat/vB
- minimumFee: 7 sat/vB
I would still be concerned to try to send transactions as low as 12-13 sats per vbyte, even though it does look like they might have decent odds of going through in the coming days,. but surely if there was some desire to consolidate UTXOs, then we would be wanting to get as low a fee as possible, so maybe 15 sats per vbyte with a single input is still going to run about 1,650 sats.. which is about a $1 at current prices.
And I still have hundreds of UTXO to consolidate.i simple Won't consolidate at such fee rates.I still believe we will see 1 sat vB again. If not in the next months, in 2025.
Let's say that you have a bunch of UTXOs that are $10 or less.. I am not sure how you would have very many UTXOs smaller than $10 because the BTC price has gone up quite a bit, so even if you were receiving transactions for less than $10, the price has gone up too.. .. but yeah the UTXOs could be problematic anywhere between $10 and $100.. and at the same time, I still have difficulties expecting to be able to process transactions less than 5 sats per vbyte on any kind of a regular basis, and maybe we will have similar kinds of difficulties in processing transactions less than 10 sats per vbyte.. -especially on a regular basis, so yeah, I was saying 1,650 for the whole transaction at 15 sats per vbyte (which was currently about $1.,, so yeah maybe getting some for $0.50 .. but then we expect the BTC price to go up and some other efficiencies to be created, but still at the same time ongoing increasing adoption.. So, I having trouble considering those low on chain transaction fees, except maybe once in a while having some temporary dips.
- fastestFee: 46 sat/vB
- halfHourFee: 40 sat/vB
- hourFee: 34 sat/vB
- economyFee: 16 sat/vB
- minimumFee: 8 sat/vB
I would still be concerned to try to send transactions as low as 12-13 sats per vbyte, even though it does look like they might have decent odds of going through in the coming days,. but surely if there was some desire to consolidate UTXOs, then we would be wanting to get as low a fee as possible, so maybe 15 sats per vbyte with a single input is still going to run about 1,650 sats.. which is about a $1 at current prices.
And I still have hundreds of UTXO to consolidate.i simple Won't consolidate at such fee rates.
I still believe we will see 1 sat vB again. If not in the next months, in 2025.
- fastestFee: 32 sat/vB
- halfHourFee: 31 sat/vB
- hourFee: 29 sat/vB
- economyFee: 14 sat/vB
- minimumFee: 7 sat/vB
- fastestFee: 27 sat/vB
- halfHourFee: 25 sat/vB
- hourFee: 22 sat/vB
- economyFee: 10 sat/vB
- minimumFee: 5 sat/vB
- fastestFee: 15 sat/vB
- halfHourFee: 14 sat/vB
- hourFee: 14 sat/vB
- economyFee: 8 sat/vB
- minimumFee: 4 sat/vB
- fastestFee: 27 sat/vB
- halfHourFee: 23 sat/vB
- hourFee: 20 sat/vB
- economyFee: 12 sat/vB
- minimumFee: 6 sat/vB
- fastestFee: 24 sat/vB
- halfHourFee: 21 sat/vB
- hourFee: 18 sat/vB
- economyFee: 10 sat/vB
- minimumFee: 5 sat/vB
Fees seemingly coming right down, well, until the next round of pathetic jpeg spamming.
Yes... .This is largely reasonable, even for poor people to buy bitcoin and transact on the blockchain.. yet surely these periods of uncertainty cannot really bring a lot of assurance that UTXOs should be kept in small amounts, so there likely still exist some incentives for those smaller transaction sizes to be conducted with 3rd parties, even if someone might be buying $50 per week, he might want to wait until he gets up to somewhere between $500 to $1k before he moves that BTC to his own private address. And even if the JPEG nutjobs do not end up coming back, there may be some signs that we have to be careful in regards to how small we might be wiling to keep any of our UTXOs.. Most of my UTXOs are more than $500, but I do have a few that are around $100, so there can be some concerns about circumstances in which those ones can be used...or if they might have periods in which they are not economical to use.
By the way when I look back at the recently processed blocks (https://mempool.space/block/00000000000000000001a72cf36c19a5cf2f2213b85fb13b6ca1962c23f23b8c) , I do see some of the recently processed ones getting down into the 12 - 13 sats per vbytes, and they don't go as low as what fee buddy is suggesting to be possible..
I would still be concerned to try to send transactions as low as 12-13 sats per vbyte, even though it does look like they might have decent odds of going through in the coming days,. but surely if there was some desire to consolidate UTXOs, then we would be wanting to get as low a fee as possible, so maybe 15 sats per vbyte with a single input is still going to run about 1,650 sats.. which is about a $1 at current prices.
Fees seemingly coming right down, well, until the next round of pathetic jpeg spamming.
- fastestFee: 26 sat/vB
- halfHourFee: 23 sat/vB
- hourFee: 20 sat/vB
- economyFee: 6 sat/vB
- minimumFee: 3 sat/vB
- fastestFee: 18 sat/vB
- halfHourFee: 17 sat/vB
- hourFee: 16 sat/vB
- economyFee: 8 sat/vB
- minimumFee: 4 sat/vB
- fastestFee: 17 sat/vB
- halfHourFee: 17 sat/vB
- hourFee: 17 sat/vB
- economyFee: 12 sat/vB
- minimumFee: 6 sat/vB
- fastestFee: 24 sat/vB
- halfHourFee: 22 sat/vB
- hourFee: 20 sat/vB
- economyFee: 12 sat/vB
- minimumFee: 6 sat/vB
- fastestFee: 17 sat/vB
- halfHourFee: 17 sat/vB
- hourFee: 17 sat/vB
- economyFee: 12 sat/vB
- minimumFee: 6 sat/vB
Lots of consolidations and very little actual transactions, I guess this is to be expected at these fee rates?
- fastestFee: 17 sat/vB
- halfHourFee: 17 sat/vB
- hourFee: 17 sat/vB
- economyFee: 10 sat/vB
- minimumFee: 5 sat/vB
- fastestFee: 30 sat/vB
- halfHourFee: 28 sat/vB
- hourFee: 24 sat/vB
- economyFee: 10 sat/vB
- minimumFee: 5 sat/vB
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