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Topic: Mempool Observer Topic - page 55. (Read 16434 times)

legendary
Activity: 4270
Merit: 4534
January 21, 2024, 11:23:03 AM
I am working in many projects, I will think about it when I have some time.

Yeah, I would be like extraordinary grateful if one of those projects could solve the capacity problem, of course,  when you have some spare time .... It would be sad as feebuddy will lose it's "raison d'etre" but probably a lot of people would be happy!
So, when do you think it can be done ?  Grin  Grin

No back to the fees:
- good news, it seems like they've fallen to the 40sat range and the fomo is starting to fade, or at least the throwing as much money as you can fomo
- also good, the difficulty epoch just finished, -3.8%, so for 14 day we had less 4% capacity,
- bad news the new epoch started also badly, with 15 fewer blocks than normal...
- bad news, the tx till the sweet spot of 10sat/b have again pilled up over 400vMB, a week ago they were at 380vMB

So, probably another 7-14 days of same stuff same fees on the horizon.

probably best for a graphical SVG fee buddy(someone with better graphic design can do, (not my demo)), then be used on the topic OP so it updates from bitmover server with live data..
and have then text updates fee buddy for the 6 hour post bumps for archival purpose

..
we need to get all wallets and nodes to stop bidding minimums above 24sat/b, to instead bid by less. and then get the increments to be 0.1sat/b instead of 5+sat/byte increments (100sat/kb instead of 5000sat/kb)

then we wont see so many idiots jumping from 50s/b-200s/b and instead see base 1s/b jumping a range of 2-8s/b
it needs to become standardised now before the next ATH cycle by having wallets ready for the smaller increments to not incur as much cost when the next 'new bottom market price' of the next cycle multiplies the price compared to now
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 21, 2024, 08:29:14 AM
I am working in many projects, I will think about it when I have some time.

Yeah, I would be like extraordinary grateful if one of those projects could solve the capacity problem, of course,  when you have some spare time .... It would be sad as feebuddy will lose it's "raison d'etre" but probably a lot of people would be happy!
So, when do you think it can be done ?  Grin  Grin

No back to the fees:
- good news, it seems like they've fallen to the 40sat range and the fomo is starting to fade, or at least the throwing as much money as you can fomo
- also good, the difficulty epoch just finished, -3.8%, so for 14 day we had less 4% capacity,
- bad news the new epoch started also badly, with 15 fewer blocks than normal...
- bad news, the tx till the sweet spot of 10sat/b have again pilled up over 400vMB, a week ago they were at 380vMB

So, probably another 7-14 days of same stuff same fees on the horizon.



legendary
Activity: 3010
Merit: 8114
January 21, 2024, 08:03:54 AM
Look, if we could adjust that image, so that the results would appear on that screen, whenever the bot posted? Roll Eyes
Of course the image had to be bigger, but it would be really cool to see.

It is possible. I would have create an image just for that. Maybe this is too fancy for a bot.

I am working in many projects, I will think about it when I have some time.

Furthermore, you could have the FeeBuddy robot smiling when next-block fees are below 50 sat/vbyte, "neutral face" when between 50-100, and frowning when above 100.  Cheesy

Yeah, sorry, I wouldn't know how to do it...

Who knows, maybe a year from now it will be all smiles when we see a next-block fee below 100 sat/vbyte... Hope not.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 21, 2024, 07:00:01 AM
     
  • fastestFee: 45 sat/vB
  • halfHourFee: 43 sat/vB
  • hourFee: 40 sat/vB
  • economyFee: 40 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 21, 2024, 05:01:38 AM
image within a SVG where you edit the text within the svg

Look, I didn't know that the forum's image proxy supported SVG. Thanks for sharing.

I'll think about this in a future TalkImg update.  Wink
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 21, 2024, 01:00:01 AM
     
  • fastestFee: 41 sat/vB
  • halfHourFee: 38 sat/vB
  • hourFee: 36 sat/vB
  • economyFee: 36 sat/vB
  • minimumFee: 23 sat/vB
legendary
Activity: 4270
Merit: 4534
January 20, 2024, 08:18:54 PM
Look, if we could adjust that image, so that the results would appear on that screen, whenever the bot posted? Roll Eyes
Of course the image had to be bigger, but it would be really cool to see.

It is possible. I would have create an image just for that. Maybe this is too fancy for a bot.

I am working in many projects, I will think about it when I have some time.

image within a SVG where you edit the text within the svg

download whole file open file in editor and at the end of file you'll find
Quote
5554535251

edit just this part

(i used MS power point to crop/remove background of the phone as a second layer, rotate it vertically,
add in some rounded rectangles and then text as another layer)

forgive my crap design, its a rough cut for demo to show its possible quickly, even by a non graphic designer. sure better people can do better.. i never claimed to be any good at graphic design
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 20, 2024, 07:00:01 PM
     
  • fastestFee: 38 sat/vB
  • halfHourFee: 37 sat/vB
  • hourFee: 35 sat/vB
  • economyFee: 35 sat/vB
  • minimumFee: 22 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 20, 2024, 01:09:39 PM
Look, if we could adjust that image, so that the results would appear on that screen, whenever the bot posted? Roll Eyes
Of course the image had to be bigger, but it would be really cool to see.

It is possible. I would have create an image just for that. Maybe this is too fancy for a bot.

I am working in many projects, I will think about it when I have some time.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 20, 2024, 01:00:01 PM
     
  • fastestFee: 53 sat/vB
  • halfHourFee: 48 sat/vB
  • hourFee: 44 sat/vB
  • economyFee: 44 sat/vB
  • minimumFee: 25 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 20, 2024, 07:30:12 AM
Its true franknbeans, the bots control the prices and fees, not the other way around. They also have emotions and are capable of interpreting my text.

See look, FeeBuddy is clearly smiling in this picture:

Beautiful picture. Sadly, he can`t use an avatar yet!

Look, if we could adjust that image, so that the results would appear on that screen, whenever the bot posted? Roll Eyes
Of course the image had to be bigger, but it would be really cool to see.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 20, 2024, 07:27:09 AM


I'm willing to bet anything that the line at 20sat/b is Viabtc and they tx screwing the minimum!
With the 30sat/b barrier not being broken once by any other pool that's for sure just them distorting the graphs.

Its true franknbeans, the bots control the prices and fees, not the other way around. They also have emotions and are capable of interpreting my text.
See look, FeeBuddy is clearly smiling in this picture:



$468.16 to inscribe  Cheesy
Now imagine the outrage here is somebody would be doing this, if fees go any lower I'm wondering what troll level this move would be ranked ...
legendary
Activity: 3010
Merit: 8114
January 20, 2024, 07:21:12 AM
See look, FeeBuddy is clearly smiling in this picture:

Beautiful picture. Sadly, he can`t use an avatar yet!

Thanks! When the time is right, I'm sure I can make (generate) you a better one, and with 2 full legs  Cheesy  (I guess the 2nd leg is just hidden behind the pile of coins, maybe)

BTW, great work on FeeBuddy. He's tied with ChartBuddy for being my favorite bot.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 20, 2024, 07:00:02 AM
     
  • fastestFee: 33 sat/vB
  • halfHourFee: 32 sat/vB
  • hourFee: 32 sat/vB
  • economyFee: 32 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 20, 2024, 06:10:20 AM
When dealing with fees, I tend to use the minimum fees plus a certain percentage to allow for sudden increases, it would be nice to have a graph for the economy fees, superimposed on the mean fee graph (and maybe the half-hour fee as an upper band).

I am using data that comes from an API, which uses block data and not mempool data. So I can`t do that now.

However, You can see that most of the times the Average fee is very close the the Hour Fee. It is sometimes higher and sometimes lower...


Its true franknbeans, the bots control the prices and fees, not the other way around. They also have emotions and are capable of interpreting my text.

See look, FeeBuddy is clearly smiling in this picture:

Beautiful picture. Sadly, he can`t use an avatar yet!
legendary
Activity: 3010
Merit: 8114
January 20, 2024, 01:20:17 AM
Its true franknbeans, the bots control the prices and fees, not the other way around. They also have emotions and are capable of interpreting my text.

See look, FeeBuddy is clearly smiling in this picture:



The only bot around here that doesn't have feelings is JJG -- he can only approximate emotions through his relatively crude algorithms, but they are unconvincing & don't pass the Turing test.
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
January 20, 2024, 01:02:04 AM
encourage/threaten??
they display fees changes, not sway/control/cause fee changes

lighten 🆙
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 20, 2024, 01:00:02 AM
     
  • fastestFee: 37 sat/vB
  • halfHourFee: 35 sat/vB
  • hourFee: 33 sat/vB
  • economyFee: 33 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 4270
Merit: 4534
January 19, 2024, 07:05:30 PM
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 19, 2024, 07:00:02 PM
     
  • fastestFee: 40 sat/vB
  • halfHourFee: 39 sat/vB
  • hourFee: 37 sat/vB
  • economyFee: 37 sat/vB
  • minimumFee: 25 sat/vB
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