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Topic: Mempool Observer Topic - page 56. (Read 16434 times)

legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
January 19, 2024, 05:54:32 PM
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).
Do you think it would disrupt the image readability?
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 19, 2024, 01:00:02 PM
     
  • fastestFee: 57 sat/vB
  • halfHourFee: 54 sat/vB
  • hourFee: 50 sat/vB
  • economyFee: 50 sat/vB
  • minimumFee: 25 sat/vB
legendary
Activity: 4270
Merit: 4534
January 19, 2024, 10:21:04 AM
encourage/threaten??
they display fees changes, not sway/control/cause fee changes
legendary
Activity: 3010
Merit: 8114
January 19, 2024, 07:56:44 AM
     
  • fastestFee: 41 sat/vB
  • halfHourFee: 40 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 38 sat/vB
  • minimumFee: 25 sat/vB


America waking up and fees are still below 45 sat/byte. Good job FeeBuddy!



Almost affordable!  Cheesy

Feel like I should encourage FeeBuddy when he reports good news, kind of like how I threaten ChartBuddy when he reports bad news.
sr. member
Activity: 672
Merit: 416
stead.builders
January 19, 2024, 07:56:09 AM
     
  • fastestFee: 41 sat/vB
  • halfHourFee: 40 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 38 sat/vB
  • minimumFee: 25 sat/vB


We can say that the fee rate challenge is becoming to be more of nothing to threat the network users as before since we can even achieve having this fear and even as low as 30 sats/vbyte as transaction fees, there's more to expect coming subsequently and we hope to see the fee coming as low as ever before with time, the best we could just do now is to check on the mempool to see the fee rates before performing any transaction, this will be for our own good and benefits when we set target on when the mempool is less busy and make our transactions.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 19, 2024, 07:00:02 AM
     
  • fastestFee: 41 sat/vB
  • halfHourFee: 40 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 38 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 19, 2024, 01:00:01 AM
     
  • fastestFee: 41 sat/vB
  • halfHourFee: 41 sat/vB
  • hourFee: 41 sat/vB
  • economyFee: 41 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 18, 2024, 07:00:02 PM
     
  • fastestFee: 42 sat/vB
  • halfHourFee: 39 sat/vB
  • hourFee: 37 sat/vB
  • economyFee: 37 sat/vB
  • minimumFee: 21 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 18, 2024, 03:44:00 PM
@bitmover is it possible to create a line, which marks the point where the image was last posted?

It would be an easier way to understand the evolution that has occurred since the bot's last post.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 18, 2024, 01:00:01 PM
     
  • fastestFee: 51 sat/vB
  • halfHourFee: 50 sat/vB
  • hourFee: 48 sat/vB
  • economyFee: 48 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 18, 2024, 07:00:02 AM
     
  • fastestFee: 60 sat/vB
  • halfHourFee: 58 sat/vB
  • hourFee: 55 sat/vB
  • economyFee: 48 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 18, 2024, 01:00:01 AM
     
  • fastestFee: 100 sat/vB
  • halfHourFee: 92 sat/vB
  • hourFee: 82 sat/vB
  • economyFee: 50 sat/vB
  • minimumFee: 25 sat/vB
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
January 17, 2024, 08:05:36 PM
And yet, some people insist there is no conspiracy against BTC to bump the fees... Roll Eyes

the spammers are creating transactions of 112 vB @ 52sat/vb to pay 5824sat (~$2.50)

yet the average real byte transaction length divided by fee of others (blocksize divided by total block fee) puts everyone else at a
333byte tx paying the bumped 52sat/vb of 17316(~$7.40) meaning everyone else is paying ~3x extra compared to the spammers

even core do not believe people should be bumping by 1sat increments so cores default GUI fee mechanism bumps in 5sat increments

the other thing is, because the spammer bump fee in 10sat increments instead of 1sat
means everyone else cant just bump by 1sat to compete(10+1), but instead also have to bump by 5sat(10+5) to outbid spammers
which causes the average fee to jump quickly

with the market price of bitcoin being more then 5x of the days core decided on the 5sat increment. they should review and close the gap and bring it down to 1sat increments.. just like their predecessors did when markets stepped up in previous cycles
thus allowing users more control and less leaping to higher fee's so quickly



its like any auction
if an asset is at auction from a starting bid of $10k but each bid increments at $5k, in auction bid competition it only needs 3 bids to jump to $25k.. yet if the increments were $1k those same 3 bids competing would only get to $13k thus not forcing the price so high so quickly

well I have a trezor I do custom fees I check the mempool and pay  numbers about 11 sats over the economy fees
legendary
Activity: 4270
Merit: 4534
January 17, 2024, 07:55:24 PM
they will run out of funds if you are correct.

I hope you are.

they spend $2.50 per mint of 1000json scam numbers per 'ticker'. if they sucker idiots to buy 1 json scam unit for $5 on binance. they can scam $5000 per json scam 'ticker'. $2.50 cost $5k scammed meaning x2000 there scam attempts

in short we need to dry up their victim list. get people to stop buying the json scam units. then they have no income to spend to scam the next json 'ticker" junk name

.. just looked, their newest scam junk json thing seems to be like trading cards. tickers with character attributes [spieces, size,weight,wealth,wisdom]
https://ordiscan.com/inscription/56115969
i thing the 'ordi ticker' scam dried up so now offering new digital trading card scam

..
i was hoping they would have stopped last year because there are only so many 'rare sats'
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
January 17, 2024, 07:36:01 PM
Seems like a good idea.

Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.
I just don't see big movements on the chart, due to its scale.
Unless you can tell the time on the graph. But it seems small to me for so much information.
something like


they will run out of funds if you are correct.

I hope you are.
legendary
Activity: 4270
Merit: 4534
January 17, 2024, 07:26:10 PM
Seems like a good idea.

Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.
I just don't see big movements on the chart, due to its scale.
Unless you can tell the time on the graph. But it seems small to me for so much information.
something like
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 17, 2024, 07:00:02 PM
      Embarrassed
  • fastestFee: 112 sat/vB
  • halfHourFee: 86 sat/vB
  • hourFee: 68 sat/vB
  • economyFee: 44 sat/vB
  • minimumFee: 22 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 17, 2024, 01:00:02 PM
     
  • fastestFee: 70 sat/vB
  • halfHourFee: 62 sat/vB
  • hourFee: 56 sat/vB
  • economyFee: 46 sat/vB
  • minimumFee: 23 sat/vB
legendary
Activity: 4270
Merit: 4534
January 17, 2024, 12:56:31 PM
according to BSV scammers themselves CSW is running out of scam buddies to even fund CSW own scam lawsuits. so unlikely they are going to spend millions on spamming/scamming BTC network

whats actually happening is that a EX chaincodelabs(blockstream) guy(ratimov) on the btc network made the mis-counting sat scam of ordinals. then evelated tonext level scammed of none transferable meem junk. then compressed it down to untransferable json junk
he prefers the lightning network and wants to annoy the bitcoin network to promote the lightning network

he sold a few sats with appended untransferable junk memes, to scam victims for whole btc+ amounts. and then used that scammed income to pay for more fees to then create more junk. selling junk for multiples of sat value to continue the endeavour

however its more of a project of the lightning network admiration brigade wanting to promote how LN is better then bitcoin in always
legendary
Activity: 3010
Merit: 8114
January 17, 2024, 11:10:00 AM
How come they don't use BSV, since it can support more transactions? Roll Eyes

That's a fair question. Its because nobody cares about BSV. There is far more prestige in minting your shit token on the Bitcoin blockchain.

As he did with gmaxwell, Calvin Ayre personally tried to ruin my life, so I'm no fan of him, or BSV (never have been), but I have yet to see any evidence of him being involved in BRC-20.

There's some truth to the idea that BSV devs are behind the development of Ordinals infrastructure, but that is because they realized BSV is a sinking ship and went to go work on Bitcoin stuff instead. They are motivated purely by financial reasons.

Calvin doesn't have infinitely deep pockets. Rumor has it the money men that funded the whole Faketoshi charade are extremely pissed that Craig hasn't been able to produce any results. The whole scam is falling apart at an increasingly faster rate.

BSV is now worth 9% what it was compared to BTC 5 years ago. Meaning, if you would have traded BTC for BSV 5 years ago, you'd be down 91%. The game is all but over, which is why BSV devs are jumping ship.

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