Mempool Observer Topic - page 30. | Bitcointalksearch.org

okorieemmanuel

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Quote from: franky1 on February 10, 2024, 08:07:54 AM

Quote from: okorieemmanuel on February 10, 2024, 05:08:29 AM

Wow! Thank you. How do you create a hex transaction from TX id?

luckily because blockchain.com still retained the tx in its mempool
i used the txid on this url
https://blockchain.info/rawtx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9?format=hex

with the ?format=hex so it shows the hex instead of json

then copied the hex(rawtx) to different sites like
https://live.blockcypher.com/btc/pushtx/

to rebroadcast it

oh look, it confirmed 3 blocks ago(time of this post minis 3 blocks of time).. seemed like it just needed a good push at the right time
you are welcome

but yea would have been easier for you to rebroadcast or try again from your own wallet if no other network node had it..

Thank you. I appreciate it. I got the funds now. I will use this method if this happens next time. I've learnt my lesson. I won't use low fees anymore. Either I wait for network congestion on Bitcoin transaction to reduce or use the recommended high fees.

Thank you all!

franky1

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Activity: 4270

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Quote from: fillippone on February 10, 2024, 01:32:45 PM

Quote from: franky1 on February 10, 2024, 12:45:32 PM

the fee market is actually plagued by scammer nerds victimising and penalising bitcoiners with junk data

Ok, thanks.
I thought the "spamming" of the net by ordinals ~~attack~~ nonsense had exhausted their funds and are actually Wall Street-related users (whale included) keeping demand space high.
I was wrong, apparently.

well ordinal scammers are running out of victims. so they have less income to pay high fee's, but they are still making spam transactions of utxo's of undependable 330sat outputs, using lower fee's
but most transactions have not been lots and lots of whales buying whole bitcoins as value amounts.

funny thing is those that want bitcoin to remain annoying, who dont want effective fee formula's for tx selection or fixes or upgrades to deter spam.. dont want those making these unspendable utxos of 330sat to stop.. yet they dont want people creating utxos of value 0.0001000-0.01000000 (~$5-$500) because they want those values to preferably happen on their preferred other network.. which most of these annoyances of bitcoin are done to promote.. people needing to abandon using bitcoin and take value to other middlemen managed systems

Jchris50

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Activity: 27

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Quote from: FeeBuddy on February 09, 2024, 07:00:00 AM

fastestFee: 27 sat/vB
halfHourFee: 24 sat/vB
hourFee: 23 sat/vB
economyFee: 22 sat/vB
minimumFee: 11 sat/vB

https://talkimg.com/images/2024/02/09/vJQ3l.gif

Oh, these are some estimated fees for different time periods and priorities. The "fastestFee" refers to the estimated fee for a transaction that needs to be confirmed as soon as possible, while the "hourFee" refers to the estimated fee for a transaction that is less time-sensitive. The "minimumFee" refers to the lowest possible fee that can be paid for a transaction to be included in the next block. Keep in mind that these fees are only estimates and can change depending on various factors.

fillippone

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Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: franky1 on February 10, 2024, 12:45:32 PM

the fee market is actually plagued by scammer nerds victimising and penalising bitcoiners with junk data

Ok, thanks.
I thought the "spamming" of the net by ordinals ~~attack~~ nonsense had exhausted their funds and are actually Wall Street-related users (whale included) keeping demand space high.
I was wrong, apparently.

FeeBuddy

copper member

Activity: 168

Merit: 16

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 28 sat/vB
halfHourFee: 27 sat/vB
hourFee: 24 sat/vB
economyFee: 8 sat/vB
minimumFee: 4 sat/vB

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: fillippone on February 10, 2024, 09:06:17 AM

I'm guessing if there is a new seasonality in the fee market.
Fees used to be higher in the early days, as nerds around the globe had more time to play with magic internet money.
Nowadays, fees are higher during weekdays, and Wall Street is trading the hardest currency in human history.

nah not wallstreet related.. a transaction doesnt care if it holds 1sat or 100,000btc. a transactions byte length for value is the same 4 bytes

the fee market is actually plagued by scammer nerds victimising and penalising bitcoiners with junk data

check out the "fee range" and "value range" charts on jan 15th:
https://www.blockchain.com/explorer/blocks/btc/825851

compared to feb 10th
https://www.blockchain.com/explorer/blocks/btc/829767

stompix

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Blackjack.fun

Quote from: FeeBuddy on February 10, 2024, 07:00:00 AM

economyFee: 10 sat/vB
minimumFee: 5 sat/vB

One week and we're down by 240vMB in the mempool, it's still barely Saturday afternoon and the extra blocks keep being mined at the same 5%-10% extra rate.
So, does Feebudy has some extra safety features or will he crash when we hit 1sat/vb? Grin

Quote from: NotATether on February 10, 2024, 03:48:07 AM

Quote from: nutildah on February 10, 2024, 01:13:22 AM

Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

At the rate you're going you might as well just rip the entire iTunes Store and put it on the blockchain Wink

Would like me some Nine Inch Nails whenever I broadcast a transaction.
Seriously though:
WTF is going on?
Why are Ordinals platforms lowballing the fee rates all of a sudden?

Fortunately it' still expensive to put full songs , assuming we keep some quality you will still have to pay close to $5000 per block so we're a bit too early for that. Even it at 1sat/vb and not 10sat/vb there is no danger of somebody uploading avatar2 in 4k on the chain...yet!
As for ordinals, probably out of a market and ideas, common, how many pixels resembling monkey/dog/cat memes can you make?

fillippone

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Activity: 2114

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I'm guessing if there is a new seasonality in the fee market.
Fees used to be higher in the early days, as nerds around the globe had more time to play with magic internet money.
Nowadays, fees are higher during weekdays, and Wall Street is trading the hardest currency in human history.

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: okorieemmanuel on February 10, 2024, 05:08:29 AM

Wow! Thank you. How do you create a hex transaction from TX id?

luckily because blockchain.com still retained the tx in its mempool
i used the txid on this url
https://blockchain.info/rawtx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9?format=hex

with the ?format=hex so it shows the hex instead of json

then copied the hex(rawtx) to different sites like
https://live.blockcypher.com/btc/pushtx/

to rebroadcast it

oh look, it confirmed 3 blocks ago(time of this post minis 3 blocks of time).. seemed like it just needed a good push at the right time
you are welcome

but yea would have been easier for you to rebroadcast or try again from your own wallet if no other network node had it..

paid2

hero member

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Crypto Swap Exchange

Quote from: cryptosize on February 10, 2024, 07:02:34 AM

It's good that fees are dropping, I guess the BRC-20 scam didn't last for too long.

This recent phase did last a few months, imo it was very long. With this BRC20 bullshit, we should never speak too fast lol, we're not immune to a new wave that could congest the mempool again..

This has already happened a couple of times now

cryptosize

sr. member

Activity: 1666

Merit: 310

It's good that fees are dropping, I guess the BRC-20 scam didn't last for too long.

I doubt we're gonna see 1 sat/vB, but I'll be glad if I can be proven wrong.

FeeBuddy

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Activity: 168

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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 21 sat/vB
halfHourFee: 20 sat/vB
hourFee: 19 sat/vB
economyFee: 10 sat/vB
minimumFee: 5 sat/vB

NotATether

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bitcoincleanup.com / bitmixlist.org

Quote from: okorieemmanuel on February 10, 2024, 05:08:29 AM

Wow! Thank you. How do you create a hex transaction from TX id?

You can't. Transaction HASH cannot be reversed by design. However, bitcoin nodes store the txid along with the raw transaction itself, which you can query from the RPC console by using getrawtransaction on a node running with -txindex.

okorieemmanuel

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Activity: 269

Merit: 4

Quote from: franky1 on February 09, 2024, 02:58:59 PM

Quote from: okorieemmanuel on February 09, 2024, 01:42:21 PM

This is the transaction on block chain.com explorer
https://www.blockchain.com/explorer/transactions/btc/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9
It shows unconfirmed transaction.

And the fees were high on the day I sent the coins. If I had waited till today, I would have probably paid lower fees for higher bytes.

your fee's were not high in comparison to others. you did not pay priority

also looking at when it suggests it was "first seen" by blockchain.com ( a month ago)
id presume your TX got purged/dropped.. by most nodes mempools
(purge is removal for being part of the low paying cluster that takes up more room then nodes mempools wants to keep)
(dropped is when its been too long, usual default is 2 weeks)

try to broadcast it again. as different mempools may have purged or dropped your tx from their nodes and mining pools just dont see your transaction

EDIT
i just pushed it again for you 5 minutes ago when writing this message
if you need the HEX of raw tx of your tx to push

Code:

020000000bda5fde6b2ab610cfeef7d4e728e5e15eec70fb1c8e034391e45b6dfd437a2101030000006b483045022100b4a3a228f9275e9f4e8bb36d8209c6ee5c837024f0b5d5486bb25e1a4fd467b10220486ffaeea334fca702c67ace794aa4ac740143595c7e08fe2090b5cea1a4d97401210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff5e4829a9753087fe3b0a208b07d5b8e9f039fbda92d017cde5479f1454552d050d0000006a4730440220177d62dc2ee6903e6a55ab385e13c31d6fb8cfaecaac6e5c49910290d0a0291902207616068583b002cf9f262ffcde5de066c4402067b1fbcaf126209dbc020fde8001210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffffb22e06f29fd0b4648d280afc3bac9a8c9cb08dce132ec37a7b76276a4a7ecc240d0000006a47304402205f9286b4d205b0fc3f7fe0d9bb3dbe78374461891f33a9991c4490bbf66fefab02205a92805365649d825aa99bfed96a7e04a86ee941093e89abf9f1726ba70be13701210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffffbf8c9ab45570886fb49a59a35d2b21dd8552bd4b7d0313179a92891dbec34729140000006b483045022100a6e9459ef165c63814ead914dae197cd32c26274f558df4142e39e8476bd10d502201d69fa78ff4d16ebb07891b6cac6eb9d061de32695316399cff9a42400ce040901210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff978a5294029332ee9195d0d5406a84f05052278dda323eedac6716087c1e535e0f0000006a473044022009e7013ce6247a5c951dfad3635a58afafc4d9e6f618dbfde7b494899a9eb2c902205a399f74492717bf825e36a6c3e128a26a47488fe37239ef1914607229f1876401210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff2411fc324b91fda83f6b2c41b4a6a0563b950f9db1cd5f83d624043c629a57820f0000006b483045022100d2f27daf58aba7785e2635659b79ad9ddf26cb17ccd50fd99ee3a4603c21c563022009a7d34d9bc11dd10435e9fe48baef1b038f031da91a5644c6e51f45d289224b01210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff00c19f62027d24a584a6e08369ca34111418bf90baf0fe4a7709d9f413355a99190000006b48304502210084810ab670f35a0b8c7f3f05714986a268da174a81cb93d0f7d842f6861ba4d802207de786cd42404957e8f1919d687a24045cbc0f057076614a48a54ff69eb52b7d01210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff666106a6bcb94b2339f364bbbf8784f04ca72ee9fae8de486fbb56b1c0af1b9f170000006a473044022001263edd2a246a4a0514630c4a695124d26eb0e3b3f51369289e6e52d704927d02203044bb54a772eb91a6f648c1eea05d2c22d6343a403bd453fee553674ab02ec601210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff608bef4d7ce95871152d4ac35e900568db151f7f93946286cb8d6a291ce967d7040000006a47304402207ccb3c81672730e7431e91f0ea748738aa71c8ba8f0a83b8ef612dc62e141595022048bb10b9c3404c7ec1767d52be5368090dbb2f077abcb0a0397f50baf26bd7ca01210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff0686d25b8cbdd082fecc75304d9e815ec568fd873f1da129e2bc19b350e812ef150000006a47304402202ce83788e5031dc94189d0b781bdb8d29e3b40ab9cd7252d40d4ed530232b2cd02206e232c24a8ed4af32191a4fe66b4f5f2bb4c35780622f8120fa066ccf307c24301210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffffaa399b1ba2a7748c0b040afba71330c5b5394e6b3c5fdc2415b13e45ae1daef40d0000006b483045022100a10c6ea02c21e93b2d0e151da8c78855ebdca48c4abb6af8bf5ccd965eeb017202207c883bdf4cacf05d18012739c4efc2f5cd8dc351c9e66f4547ca0dd9cecead9001210273cea2b3a0f085d87d5bbedf789d78c3ccc5bc23f58358cb99844e957e5c9af8ffffffff027329010000000000160014df6631ea5e4718f7b9289a32cf9e0716ec919e0440420f00000000001976a914aaa2c637a35205b299b3add8c32bb9aafbefc57e88ac00000000

i just checked a explorer that didnt find your tx 10 minutes ago but now sees it
https://live.blockcypher.com/btc/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9/

mempool.space now sees it
https://mempool.space/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

you are welcome

Wow! Thank you. How do you create a hex transaction from TX id?

NotATether

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bitcoincleanup.com / bitmixlist.org

Quote from: nutildah on February 10, 2024, 01:13:22 AM

Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

At the rate you're going you might as well just rip the entire iTunes Store and put it on the blockchain Wink

Would like me some Nine Inch Nails whenever I broadcast a transaction.

Seriously though:

WTF is going on?

Why are Ordinals platforms lowballing the fee rates all of a sudden?

franky1

legendary

Activity: 4270

Merit: 4534

it has become an interesting observation to see the type of transactions certain pools select
take
https://www.blockchain.com/explorer/blocks/btc/829767
which you can visualise the transaction selection using these charts

it ignored thousands of transactions waiting at 10sat/byte+ and selected majority the 9sat/b tx to fill the block which were moving very very very small value (creating UTXO of 330sats)

so although paying low 9sat/b the only reason to include thousands of them and ignore higher fee's if is those thousands of transactions were bribed into being selected via private deals

so whats the point of these 'bitcoin annoyance continuation pundits' aka idiots, still trying to proclaim we should not introduce a transaction priority formulae for bitcoin. where these other system idealists pretend people should (be penalised by the "fee market" war of) just pay more onchain if even the "just pay more onchain fee" is not even the way transactions are selected

nutildah

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Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

https://www.youtube.com/watch?v=e67_1AieWdM

FeeBuddy

copper member

Activity: 168

Merit: 16

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 25 sat/vB
halfHourFee: 23 sat/vB
hourFee: 22 sat/vB
economyFee: 14 sat/vB
minimumFee: 7 sat/vB

examplens

legendary

Activity: 3248

Merit: 3098

Quote from: FeeBuddy on February 09, 2024, 07:00:00 PM

fastestFee: 21 sat/vB
halfHourFee: 21 sat/vB
hourFee: 21 sat/vB
economyFee: 20 sat/vB
minimumFee: 10 sat/vB

Holly 21sat/vB
If nothing happens and this continues, in several hours it may reach the 16 sat/vB that @okorieemmanuel expects

FeeBuddy

copper member

Activity: 168

Merit: 16

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 21 sat/vB
halfHourFee: 21 sat/vB
hourFee: 21 sat/vB
economyFee: 20 sat/vB
minimumFee: 10 sat/vB

Topic: Mempool Observer Topic - page 30. (Read 12325 times)