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Topic: Mempool Observer Topic - page 35. (Read 20512 times)

legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 22, 2024, 07:08:13 AM
~
But regardless of their estimation, we can always set the fee manually, no?

Only if wallet you use let you do that. Few wallet simply doesn't let you do that or only let you choose between few fee rate choice.

Oh, I din't know that. I'm just using Electrum and there you can add or remove even just 1 satoshi from your fee. ( I hadn't known it at first and was using the fee that Electrum  was proposing me, but later, when the fees became unbearably high, figured it out.) So convenient!

Maybe that guy transferring over 1 BTC didn't care about losing 76.39 USD? It's indeed a small amount comparing to what he transferred.

You might be right. But even if you live in developed country, that money still could get you few lunch.

Yeah, it would be stupid to just throw the money away by anyone, even from a developed country.

~
This could be also some custodial service.  For example  withdrawal from an exchange/casino/other payment system.

Bad software exists everywhere...
~

This is most likely the answer. No human would make such a mistake.
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 21, 2024, 04:59:53 PM
      Smiley
  • fastestFee: 8 sat/vB
  • halfHourFee: 8 sat/vB
  • hourFee: 8 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
May 21, 2024, 10:12:44 AM
Last block was mined 70 minutes ago? That's very rare.
sr. member
Activity: 1666
Merit: 310
May 21, 2024, 10:10:43 AM
Oh, not again... Angry
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 21, 2024, 08:59:53 AM
      Smiley
  • fastestFee: 9 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 9 sat/vB
  • economyFee: 9 sat/vB
  • minimumFee: 5 sat/vB
legendary
Activity: 2898
Merit: 1823
May 21, 2024, 01:55:33 AM
To anyone who needs to consolidate their UTXOs, then it's the best time to consolidate them NOW. I believe that in the next few months there will be a surge of on-chain demand because of another surge of interest in Ordinals, BRC-20, Runes, and Bitcoin DeFi builders will start marketing their protocols, sidechains, and offchain layers. It might be like the months of high fees that was caused by Ordinals/BRC-20.

Plus to those who want to partake in shitcoinery in Bitcoin, perhaps it's time to DYOR. Cool
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 21, 2024, 12:59:53 AM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 11 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 20, 2024, 04:59:53 PM
     
  • fastestFee: 10 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 8 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 20, 2024, 08:59:53 AM
     
  • fastestFee: 10 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 8 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
May 20, 2024, 07:07:48 AM
Thanks for JayJuanGee, Synchronice, stompix and ABCbits for your suggestions.

I noticed the cron job was every 6hours (4 times a day). I thought it was already 8...

I just changed it to 8 hours, so only 3 times a day now. It will be better.

Fees are low, and the FeeBuddy low fee emoji is already poping
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 20, 2024, 04:59:52 AM
      Smiley
  • fastestFee: 7 sat/vB
  • halfHourFee: 7 sat/vB
  • hourFee: 7 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 19, 2024, 10:59:53 PM
      Smiley
  • fastestFee: 8 sat/vB
  • halfHourFee: 8 sat/vB
  • hourFee: 8 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 19, 2024, 04:59:52 PM
      Smiley
  • fastestFee: 8 sat/vB
  • halfHourFee: 8 sat/vB
  • hourFee: 8 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
sr. member
Activity: 476
Merit: 299
Learning never stops!
May 19, 2024, 02:50:10 PM
Time for some consolidation....
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 19, 2024, 10:59:53 AM
      Smiley
  • fastestFee: 9 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 9 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 19, 2024, 04:59:53 AM
     
  • fastestFee: 10 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 9 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
May 19, 2024, 01:53:54 AM
Can someone explain this transaction? https://mempool.space/tx/bf7169d7e91016c164153e7ba63b0be07251f8a1bc0a9f7b245b261fdcb56ed1
It started with 4,888 sat/vByte, then within 6 seconds increased up to 5,046 sat/vByte, then within 7 seconds up to 5,205 and finally after some seconds it went up to 8,149 sat/vByte while 14 sat/vByte was absolutely enough to get this transaction included in the next block.

I don't know if you noticed, but that was an internal movement, from the same address to the same address. And it doesn't even seem like it was to consolidate UTXO.

In other words, it was intended to pay this fee, and I can't understand why. Or it was a very big mistake, from someone with years of experience in Bitcoin, as the address has been active since 2014.
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 18, 2024, 10:59:52 PM
      Smiley
  • fastestFee: 9 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 9 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
May 18, 2024, 05:50:00 PM
@bitmover, I also think that 12 hours interval sounds better. I think that even one is enough but I also think that it will be good if bot automatically posts here more than once or twice a day if transaction fee significantly increases.


Can someone explain this transaction? https://mempool.space/tx/bf7169d7e91016c164153e7ba63b0be07251f8a1bc0a9f7b245b261fdcb56ed1
It started with 4,888 sat/vByte, then within 6 seconds increased up to 5,046 sat/vByte, then within 7 seconds up to 5,205 and finally after some seconds it went up to 8,149 sat/vByte while 14 sat/vByte was absolutely enough to get this transaction included in the next block.

Is this a badly configured bot? Well, if yes, then I want to remind you that owner has made many transactions like that one and I believe it would significantly affect the owner's wallet. I don't understand what this phenomenon is.
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 18, 2024, 04:59:53 PM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
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