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Topic: Mempool Observer Topic - page 52. (Read 16641 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 01, 2024, 05:46:30 AM

I have been spending about 2 utxos at a time, and I think that helps.

I always try to fully spend 2-4 UTXO at a time. As I have so many utxo (much more than 70) it is easy to find the exactly amount that I need. Fully spending makes the transaction a little smaller (and cheaper) too.

However,  I should have consolidate more at 1 sat vB. I will try to do so when the times comes again. I will watch LoyceV topic too Smiley
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
February 01, 2024, 03:22:59 AM
Most people here have too many utxo because we received recorring small payments for a long time...

Adoption also means that.

My UTXO set is bloated, I think I have about 60 to 70 of them so if I ever have to sweep my funds to another wallet, it's going to be quite expensive to do so, even at 30 sats/vbyte. But so is not securing your wallet properly, 'eh?

Fees are not important when your money is on the line, for whatever reason.

I have been spending about 2 utxos at a time, and I think that helps.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 01, 2024, 01:00:01 AM
     
  • fastestFee: 39 sat/vB
  • halfHourFee: 34 sat/vB
  • hourFee: 29 sat/vB
  • economyFee: 29 sat/vB
  • minimumFee: 22 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 31, 2024, 07:00:01 PM
     
  • fastestFee: 35 sat/vB
  • halfHourFee: 33 sat/vB
  • hourFee: 31 sat/vB
  • economyFee: 31 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 31, 2024, 01:00:00 PM
     
  • fastestFee: 43 sat/vB
  • halfHourFee: 37 sat/vB
  • hourFee: 33 sat/vB
  • economyFee: 33 sat/vB
  • minimumFee: 23 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 31, 2024, 07:00:01 AM
     
  • fastestFee: 39 sat/vB
  • halfHourFee: 38 sat/vB
  • hourFee: 36 sat/vB
  • economyFee: 36 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 31, 2024, 01:00:01 AM
     
  • fastestFee: 31 sat/vB
  • halfHourFee: 29 sat/vB
  • hourFee: 27 sat/vB
  • economyFee: 27 sat/vB
  • minimumFee: 23 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 30, 2024, 07:00:01 PM
     
  • fastestFee: 26 sat/vB
  • halfHourFee: 26 sat/vB
  • hourFee: 26 sat/vB
  • economyFee: 26 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 30, 2024, 01:00:01 PM
     
  • fastestFee: 36 sat/vB
  • halfHourFee: 34 sat/vB
  • hourFee: 32 sat/vB
  • economyFee: 32 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 30, 2024, 07:00:01 AM
     
  • fastestFee: 28 sat/vB
  • halfHourFee: 27 sat/vB
  • hourFee: 27 sat/vB
  • economyFee: 27 sat/vB
  • minimumFee: 21 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 30, 2024, 01:00:00 AM
     
  • fastestFee: 26 sat/vB
  • halfHourFee: 26 sat/vB
  • hourFee: 26 sat/vB
  • economyFee: 26 sat/vB
  • minimumFee: 23 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 07:00:02 PM
     
  • fastestFee: 27 sat/vB
  • halfHourFee: 27 sat/vB
  • hourFee: 27 sat/vB
  • economyFee: 27 sat/vB
  • minimumFee: 23 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 01:00:01 PM
     
  • fastestFee: 47 sat/vB
  • halfHourFee: 42 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 38 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 07:00:01 AM
     
  • fastestFee: 38 sat/vB
  • halfHourFee: 34 sat/vB
  • hourFee: 31 sat/vB
  • economyFee: 31 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 01:00:01 AM
     
  • fastestFee: 28 sat/vB
  • halfHourFee: 28 sat/vB
  • hourFee: 27 sat/vB
  • economyFee: 27 sat/vB
  • minimumFee: 21 sat/vB
sr. member
Activity: 1666
Merit: 310
January 28, 2024, 08:43:44 PM
I highly doubt we're gonna see 1 sat/vB any time soon, but I hope I'm proven wrong.

Maybe during the next bear market (2026-2027)...

I don't think we're going to see 1 sat/vB ever. But that's just me.

Are you saying that not only I front runners Blackrock on an asset class, but I was one of the few people in history moving the best money for 1 sat/vbyte?

Not so few people   Cheesy

But I do expect to make ar least 10 sat vB transactions again.

Otherwise, all those utxo with sub 3 usd value will be literally worthless.  Probably billions of dollars
That's why I'll never understand people who split money into multiple wallets & UTXOs. Small BTC amounts will be rendered unmovable if fees reach let's say $1000 (due to global adoption) and never go down ever again.

They should consolidate UTXOs whenever fees are low enough again...

It’s a trade off.
Having too few utxo is bad for privacy. Everybody can link your UTXO together if you consolidated too much.
Small UTXO means more costs, but also more privacy and  more resilience to chainanalisys.
Well, I can use XMR for ultimate privacy and BTC for hoarding wealth. Best of both worlds.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 28, 2024, 07:00:00 PM
     
  • fastestFee: 37 sat/vB
  • halfHourFee: 33 sat/vB
  • hourFee: 30 sat/vB
  • economyFee: 30 sat/vB
  • minimumFee: 19 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 28, 2024, 06:14:47 PM
That's why I'll never understand people who split money into multiple wallets & UTXOs. Small BTC amounts will be rendered unmovable if fees reach let's say $1000 (due to global adoption) and never go down ever again.

They should consolidate UTXOs whenever fees are low enough again...

Most people here have too many utxo because we received recorring small payments for a long time...

Adoption also means that.
legendary
Activity: 3416
Merit: 3419
Crypto Swap Exchange
January 28, 2024, 06:12:17 PM
That's why I'll never understand people who split money into multiple wallets & UTXOs. Small BTC amounts will be rendered unmovable if fees reach let's say $1000 (due to global adoption) and never go down ever again.

They should consolidate UTXOs whenever fees are low enough again...

You didn't think that they didn't deliberately send small amounts to several addresses, just on a whim. There are many reasons why some addresses only have a measly amount. for example, at the time of sending, the sender was not sure how much the fee would be, so he decided to send approximately the maximum amount, the value of which he knew before sending.

Having too few utxo is bad for privacy. Everybody can link your UTXO together if you consolidated too much.
Small UTXO means more costs, but also more privacy and  more resilience to chainanalisys.

This makes sense, I didn't look at it that way.
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
January 28, 2024, 06:02:05 PM
I highly doubt we're gonna see 1 sat/vB any time soon, but I hope I'm proven wrong.

Maybe during the next bear market (2026-2027)...

I don't think we're going to see 1 sat/vB ever. But that's just me.

Are you saying that not only I front runners Blackrock on an asset class, but I was one of the few people in history moving the best money for 1 sat/vbyte?

Not so few people   Cheesy

But I do expect to make ar least 10 sat vB transactions again.

Otherwise, all those utxo with sub 3 usd value will be literally worthless.  Probably billions of dollars
That's why I'll never understand people who split money into multiple wallets & UTXOs. Small BTC amounts will be rendered unmovable if fees reach let's say $1000 (due to global adoption) and never go down ever again.

They should consolidate UTXOs whenever fees are low enough again...

It’s a trade off.
Having too few utxo is bad for privacy. Everybody can link your UTXO together if you consolidated too much.
Small UTXO means more costs, but also more privacy and  more resilience to chainanalisys.

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