Pages:
Author

Topic: Mempool Observer Topic - page 58. (Read 21808 times)

copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 11:59:59 AM
     
  • fastestFee: 18 sat/vB
  • halfHourFee: 16 sat/vB
  • hourFee: 15 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 06:00:00 AM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 13 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 18, 2024, 12:00:00 AM
     
  • fastestFee: 26 sat/vB
  • halfHourFee: 22 sat/vB
  • hourFee: 18 sat/vB
  • economyFee: 2 sat/vB
  • minimumFee: 1 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 06:00:01 PM
     
  • fastestFee: 16 sat/vB
  • halfHourFee: 15 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 11:59:59 AM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 13 sat/vB
  • economyFee: 4 sat/vB
  • minimumFee: 2 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 06:00:00 AM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 17, 2024, 12:00:00 AM
     
  • fastestFee: 13 sat/vB
  • halfHourFee: 12 sat/vB
  • hourFee: 12 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 06:00:00 PM
     
  • fastestFee: 25 sat/vB
  • halfHourFee: 22 sat/vB
  • hourFee: 19 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 12:00:00 PM
     
  • fastestFee: 25 sat/vB
  • halfHourFee: 19 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
legendary
Activity: 4424
Merit: 4794
February 16, 2024, 08:02:35 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: 1190
Merit: 803
February 16, 2024, 07:57:49 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: 4424
Merit: 4794
February 16, 2024, 07:57:28 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, 06:38:37 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
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 06:00:00 AM
     
  • fastestFee: 31 sat/vB
  • halfHourFee: 24 sat/vB
  • hourFee: 19 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 16, 2024, 12:00:00 AM
     
  • fastestFee: 12 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
February 15, 2024, 06:00:00 PM
     
  • fastestFee: 14 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 350
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 15, 2024, 12:00:00 PM
     
  • fastestFee: 19 sat/vB
  • halfHourFee: 18 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
legendary
Activity: 2898
Merit: 1823
February 15, 2024, 09:30:05 AM

11sat/b did happen multiple times but under 10 will be really tough, it will trigger a lot of consolidations, not that they aren't happening even now but the other bad news is that the adjustment is in a few hours, we had 7.3% in the previous epoch an not probably 7.8-7.9% up, pretty hard to have another 7% to keep the same number of extra blocks mined, we're 143 blocks ahead so basically we had an extra day of transactions capacity.

Just as I said earlier,  I still think we will see 1 sat vB soon.

All this crazy about fees was caused by ordinals/inscriptions/jpegs or whatever.

Wheen this stops and the mempool contains only bitcoin normal Transactions , fees will drop even more.


That's actually what Ordinals users were debating about. They claim that low fees = low demand, and that those people who want Ordinals out, don't actually use Bitcoin. ¯\_(ツ)_/¯

What do they want users to do, use our precious Bitcoins for our daily coffee transactions? They shouldn't condemn anyone for HODLing if they're actual contribution to Bitcoin are mere dick pics and fart sounds in the blockchain.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 15, 2024, 08:34:21 AM
Just as I said earlier,  I still think we will see 1 sat vB soon.

All this crazy about fees was caused by ordinals/inscriptions/jpegs or whatever.

Wheen this stops and the mempool contains only bitcoin normal Transactions , fees will drop even more.

Does anyone know if there's a site that displays ordinals statistics in real time similar to mempool.space?

Sure, I could use the mempool googles and look for any blocks that have "Data" tagged on them, but that 1) lumps all the OP_RETURN and other data transactions along with it and 2) is not very convenient to see how the volume is changing over the past few days and weeks.

Because right now, it is very hard for me to look at the mempool and make a prediction if we are going to lower in fees or this is it.

That is not exactly what you are looking for, but you can find a lot of information here
https://ordinals.com/
Such as latest inscriptions, TX, address, blocks, etc.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
February 15, 2024, 07:43:35 AM
Just as I said earlier,  I still think we will see 1 sat vB soon.

All this crazy about fees was caused by ordinals/inscriptions/jpegs or whatever.

Wheen this stops and the mempool contains only bitcoin normal Transactions , fees will drop even more.

Does anyone know if there's a site that displays ordinals statistics in real time similar to mempool.space?

Sure, I could use the mempool googles and look for any blocks that have "Data" tagged on them, but that 1) lumps all the OP_RETURN and other data transactions along with it and 2) is not very convenient to see how the volume is changing over the past few days and weeks.

Because right now, it is very hard for me to look at the mempool and make a prediction if we are going to lower in fees or this is it.
Pages:
Jump to: