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Topic: Mempool Observer Topic - page 41. (Read 16582 times)

copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 21, 2024, 12:59:59 AM
     
  • fastestFee: 12 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 20, 2024, 06:59:59 PM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 20, 2024, 01:00:00 PM
     
  • fastestFee: 27 sat/vB
  • halfHourFee: 26 sat/vB
  • hourFee: 24 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 20, 2024, 06:59:59 AM
     
  • fastestFee: 25 sat/vB
  • halfHourFee: 23 sat/vB
  • hourFee: 19 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
legendary
Activity: 3010
Merit: 8114
February 20, 2024, 05:45:02 AM
Wow, what happened? Did somebody turn off Ordinals or something? Haven't seen fees this low in months.

https://dune.com/dgtl_assets/bitcoin-ordinals-analysis


Last time inscription activity was this low was in October. Maybe the whole thing has finally run its course?

Sorry if I just jinxed it.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 20, 2024, 01:00:00 AM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 19, 2024, 07:00:00 PM
     
  • fastestFee: 17 sat/vB
  • halfHourFee: 15 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 12:59:59 PM
     
  • fastestFee: 18 sat/vB
  • halfHourFee: 16 sat/vB
  • hourFee: 15 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 07:00:00 AM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 01:00:00 AM
     
  • fastestFee: 26 sat/vB
  • halfHourFee: 22 sat/vB
  • hourFee: 18 sat/vB
  • economyFee: 2 sat/vB
  • minimumFee: 1 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 07:00:01 PM
     
  • fastestFee: 16 sat/vB
  • halfHourFee: 15 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 12:59:59 PM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 07:00:00 AM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 01:00:00 AM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 07:00:00 PM
     
  • fastestFee: 25 sat/vB
  • halfHourFee: 22 sat/vB
  • hourFee: 19 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 01:00:00 PM
     
  • fastestFee: 25 sat/vB
  • halfHourFee: 19 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
legendary
Activity: 4270
Merit: 4534
February 16, 2024, 09:02:35 AM
I find it's interesting how Bitcoin price can constantly increasing but the fees is still cheap, I thought both of them are following each other.

when ETF are buying coin on exchanges.. it does not effect blockchain data
when ETF withdraw from spot exchange to deposit into custodian.. a transaction is the same length of bytes of value for one output whether its moving a output of 330sat or 10,000btc

its actually a benefit really
if 100,000 were offering 0.1btc on a spot exchange. and one user bought 10k btc. the withdraw is just one output
where as if it was say another 100,000 users. where usually only 10% then withdraw, it would use dozens of transactions for hundreds of users batched together over time
hero member
Activity: 1078
Merit: 774
February 16, 2024, 08:57:49 AM
I find it's interesting how Bitcoin price can constantly increasing but the fees is still cheap, I thought both of them are following each other.

There's a good trend in Grayscale Bitcoin Trust, maybe this is the reason why the transaction fees is cheap and Bitcoin price is rising, because the money invested in Bitcoin is handed by custodial entity without moving the real coins.
legendary
Activity: 4270
Merit: 4534
February 16, 2024, 08:57:28 AM
I am still waiting for q

waiting for the Q.. well thats what queues are for
instead of waiting a week for exact moment 1sat is minimal
might aswell throw in 1sat now and wait for lucky chance to get in before next week = same thing but sooner

a couple 1sat/b got into a block just 34 minutes ago from time of this post
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 16, 2024, 07:38:37 AM
I noticed the total transactions in thee mempool is going down.

We have now about 130k transactions in the mempool, and we used to have 250k. This is something I will add to feebuddy.

As total transactions continues to go down, fees will get lower and lower

I am still waiting for q 1 satvB to make large consolidations. They will come   Smiley
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