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Topic: Mempool Observer Topic - page 41. (Read 21698 times)

legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
May 15, 2024, 09:09:42 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.

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

Bad software exists everywhere...

Even if it's bad software, it looks to me like a complete noob who doesn't know much about the Bitcoin network. Still, he uses it for his ordinals and the same shit.

Should I change feebuddy to 12hours interval, or keep 8?

I see lots of pages without comments, just fee buddy
At a time when the network is calm and the fee is within normal limits, it does not pay so much attention. It's ok for me every 8 hours but if you were to think about going back to 12 hours, maybe you could add more info to the chart so that it would be easier to see how much the fee was in the last period.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
May 15, 2024, 05:56:25 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.

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

Bad software exists everywhere...



Should I change feebuddy to 12hours interval, or keep 8?

I see lots of pages without comments, just fee buddy
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
May 15, 2024, 05:40:30 AM
Quote
fastestFee: 15 sat/vB
halfHourFee: 14 sat/vB
hourFee: 13 sat/vB

I still don't understand what the matter is. Currently, the fee is under 15 sat/vb, but someone still sends a transaction paying 351 sat/vB https://blockchair.com/bitcoin/transaction/636c08bafb3c171ae968ce50ca11596bcada56e02ed5d2fe9a3f97fa6d0f5a38
Is there any reasonable explanation why the fee is so much overpaid even in this "quiet" time?

Bad wallet? Some wallets have terrible fee estimation...

I agree that this is very weird.
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.

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.
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
May 15, 2024, 05:32:20 AM
Quote
fastestFee: 15 sat/vB
halfHourFee: 14 sat/vB
hourFee: 13 sat/vB

I still don't understand what the matter is. Currently, the fee is under 15 sat/vb, but someone still sends a transaction paying 351 sat/vB https://blockchair.com/bitcoin/transaction/636c08bafb3c171ae968ce50ca11596bcada56e02ed5d2fe9a3f97fa6d0f5a38
Is there any reasonable explanation why the fee is so much overpaid even in this "quiet" time?

Bad wallet? Some wallets have terrible fee estimation...

I agree that this is very weird.

But regardless of their estimation, we can always set the fee manually, no?

I personally before making a transaction look at https://mempool.space/ and set a couple of sats higher than High Priority and it works for me perfectly. 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.
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 15, 2024, 04:59:53 AM
     
  • fastestFee: 17 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 14, 2024, 10:59:53 PM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 14, 2024, 04:59:53 PM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 14, 2024, 10:59:54 AM
     
  • fastestFee: 16 sat/vB
  • halfHourFee: 15 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 14, 2024, 04:59:53 AM
     
  • fastestFee: 11 sat/vB
  • halfHourFee: 11 sat/vB
  • hourFee: 11 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 13, 2024, 10:59:54 PM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 13, 2024, 04:59:53 PM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 13, 2024, 10:59:53 AM
     
  • fastestFee: 53 sat/vB
  • halfHourFee: 53 sat/vB
  • hourFee: 53 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 13, 2024, 04:59:53 AM
     
  • fastestFee: 20 sat/vB
  • halfHourFee: 17 sat/vB
  • hourFee: 15 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 12, 2024, 10:59:54 PM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 12, 2024, 04:59:53 PM
     
  • fastestFee: 12 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
May 12, 2024, 12:43:48 PM
Quote
fastestFee: 15 sat/vB
halfHourFee: 14 sat/vB
hourFee: 13 sat/vB

I still don't understand what the matter is. Currently, the fee is under 15 sat/vb, but someone still sends a transaction paying 351 sat/vB https://blockchair.com/bitcoin/transaction/636c08bafb3c171ae968ce50ca11596bcada56e02ed5d2fe9a3f97fa6d0f5a38
Is there any reasonable explanation why the fee is so much overpaid even in this "quiet" time?

Bad wallet? Some wallets have terrible fee estimation...

I agree that this is very weird.
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 12, 2024, 10:59:54 AM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 12, 2024, 04:59:53 AM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
May 12, 2024, 03:37:07 AM
Quote
fastestFee: 15 sat/vB
halfHourFee: 14 sat/vB
hourFee: 13 sat/vB

I still don't understand what the matter is. Currently, the fee is under 15 sat/vb, but someone still sends a transaction paying 351 sat/vB https://blockchair.com/bitcoin/transaction/636c08bafb3c171ae968ce50ca11596bcada56e02ed5d2fe9a3f97fa6d0f5a38
Is there any reasonable explanation why the fee is so much overpaid even in this "quiet" time?
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
May 11, 2024, 10:59:54 PM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
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