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Topic: Mempool Observer Topic - page 77. (Read 23858 times)

copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 12:00:01 PM
     
  • fastestFee: 47 sat/vB
  • halfHourFee: 42 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 38 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 06:00:01 AM
     
  • fastestFee: 38 sat/vB
  • halfHourFee: 34 sat/vB
  • hourFee: 31 sat/vB
  • economyFee: 31 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 29, 2024, 12:00:01 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, 07:43:44 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: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 28, 2024, 06:00:00 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, 05:14:47 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: 3542
Merit: 3625
Crypto Swap Exchange
January 28, 2024, 05:12:17 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: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
January 28, 2024, 05:02:05 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.

sr. member
Activity: 1666
Merit: 310
January 28, 2024, 04:49:16 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...
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 28, 2024, 02:50:28 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
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
January 28, 2024, 01:31:33 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?
Is this my only chance of being part of the history of mankind?
/s
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 28, 2024, 12:00:02 PM
     
  • fastestFee: 29 sat/vB
  • halfHourFee: 29 sat/vB
  • hourFee: 29 sat/vB
  • economyFee: 29 sat/vB
  • minimumFee: 24 sat/vB
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 28, 2024, 06:00:01 AM
     
  • fastestFee: 45 sat/vB
  • halfHourFee: 41 sat/vB
  • hourFee: 37 sat/vB
  • economyFee: 37 sat/vB
  • minimumFee: 25 sat/vB
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
January 28, 2024, 05:19:12 AM
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.
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 28, 2024, 12:00:01 AM
     
  • fastestFee: 33 sat/vB
  • halfHourFee: 30 sat/vB
  • hourFee: 28 sat/vB
  • economyFee: 28 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 4424
Merit: 4794
January 27, 2024, 10:25:50 PM
     
  • fastestFee: 24 sat/vB
  • halfHourFee: 24 sat/vB
  • hourFee: 24 sat/vB
  • economyFee: 24 sat/vB
  • minimumFee: 22 sat/vB

min fee still above 20 when fast fee at 24.. seems like something is preventing cheap fees from getting through
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 27, 2024, 06:00:01 PM
     
  • fastestFee: 24 sat/vB
  • halfHourFee: 24 sat/vB
  • hourFee: 24 sat/vB
  • economyFee: 24 sat/vB
  • minimumFee: 22 sat/vB
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 27, 2024, 12:00:01 PM
     
  • fastestFee: 32 sat/vB
  • halfHourFee: 29 sat/vB
  • hourFee: 28 sat/vB
  • economyFee: 28 sat/vB
  • minimumFee: 21 sat/vB
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 27, 2024, 08:24:38 AM
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)...

Or in a month:
When are we going to see the mempool empty again and 1sat/b confirmations?


Quote
1 month   - 2 (12.5%)
3 months   - 1 (6.3%)
Next year   - 5 (31.3%)
Never again!   - 8 (50%)

It took less than a month since I've opened that topic to see 1 sat/vb again, of course it was not that bad at that time as it is now, the purging was at 7.7 and the actual size of the mempool was about 2/3 of this but still it took one month of normalized traffic, if this trend continues we we will probably hit at least under 10sat/b in a few weeks.
copper member
Activity: 406
Merit: 22
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 27, 2024, 06:00:01 AM
     
  • fastestFee: 38 sat/vB
  • halfHourFee: 32 sat/vB
  • hourFee: 29 sat/vB
  • economyFee: 29 sat/vB
  • minimumFee: 25 sat/vB
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