Mempool Observer Topic - page 78. | Bitcointalksearch.org

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: BlackHatCoiner on January 11, 2024, 06:04:44 AM

I remember spending more than 10 inputs and paying less than 20 cents. Good times.

Yeah, I am going to pay now 5 usd to spend 4 inputs...

I think I will wait a little more. I think those ordinal transaction will sometime have to go away.

Look at this block. Just some crazy ordinal transactions. Lots of blocks like that, with just a few giant transactions

Also, the price is going up slowly every day with this ETF crazy.

joker_josue

legendary

Activity: 1890

Merit: 5197

**In BTC since 2013**

Quote from: NotATether on January 11, 2024, 02:52:03 AM

I would disagree with that as it helps see if the fees are trending up or down.

Is there any place where it would be possible to obtain historical information on the average value of block fees?
I'm here trying to do some kind of analysis, and that could be useful.

satscraper

hero member

Activity: 714

Merit: 1298

Quote from: NotATether on January 11, 2024, 02:52:03 AM

Also ViaBTC just mined an empty block grrrr

However this block is not absolutely empty as it contains coinbase transaction which paid ‎6.25 BTC to miners. And such "empty" blocks with no "useful" transactions had been mined trough out whole history of bitcoin. Clear as bell that preventing them on protocol level would help in reducing the size of unconfirmed transactions in mempool but developers don’t do it for one reason or another.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

I remember spending more than 10 inputs and paying less than 20 cents. Good times.

FeeBuddy

copper member

Activity: 364

Merit: 21

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 31 sat/vB
halfHourFee: 31 sat/vB
hourFee: 31 sat/vB
economyFee: 31 sat/vB
minimumFee: 24 sat/vB

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: NotATether on January 11, 2024, 02:52:03 AM

Quote from: stompix on January 11, 2024, 02:14:59 AM

Was about to say the same just to kill FeeBudduy streak, he has the same habit as Chartbuddy but there is no Philip to cut him off but I gues sthis is normal, with $2 for next block the complains are staring to go away.
I wonder if it would be possible to have the previous message deleted if there is no post between, but I guess this would be a lot of scripting behind it.

I would disagree with that as it helps see if the fees are trending up or down.

Maybe I can change from 6hours to 8 hours?

If moderators don't do anything with posts streak, I see no problem for now

peaky-btc4

newbie

Activity: 5

Merit: 0

When someone suggests migrating to another protocol, you promptly dismiss the idea, recognizing that no other network can rival the consensus at that scale. That is the best selling point, and probably why you're here in the first place no matter how you perceive "utility". But, in my opinion, the mature choice is to do migrate. That is a feature of decentralized systems, not a bug. If you don't make usage of it, you deceive yourself. You have the opportunity to join a network that aligns with your perspectives but instead choose to complain about being told what to do.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: stompix on January 11, 2024, 02:14:59 AM

Quote from: NotATether on January 11, 2024, 02:00:44 AM

Fees have actually gone down recently. Shocked

Was about to say the same just to kill FeeBudduy streak, he has the same habit as Chartbuddy but there is no Philip to cut him off but I gues sthis is normal, with $2 for next block the complains are staring to go away.
I wonder if it would be possible to have the previous message deleted if there is no post between, but I guess this would be a lot of scripting behind it.

I would disagree with that as it helps see if the fees are trending up or down.

Quote

Back to the fees, this is weird:
- middle of the week after long holiday, should have increased activity
- ETF, they were supposed to do stuff, no FOMO yet
- we have slower blocks (50 below normal at this point)
instead
- constant 30sat/vb confirmation next blocks for a while
- actual decrease in the total size of mempool from yesterday by 8vMB (including 1sat/vb)

Manipulation? Grin

Lol!

ETF is like a "Layer 2" for Buffets and Mungers. It takes on-chain buy and sell activity away from the network and onto whatever stock exchange has to deal with it. So I'm not surprised at that.

Also ViaBTC just mined an empty block grrrr

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: NotATether on January 11, 2024, 02:00:44 AM

Fees have actually gone down recently. Shocked

Was about to say the same just to kill FeeBudduy streak, he has the same habit as Chartbuddy but there is no Philip to cut him off but I gues sthis is normal, with $2 for next block the complains are staring to go away.
I wonder if it would be possible to have the previous message deleted if there is no post between, but I guess this would be a lot of scripting behind it.

Back to the fees, this is weird:
- middle of the week after long holiday, should have increased activity
- ETF, they were supposed to do stuff, no FOMO yet
- we have slower blocks (50 below normal at this point)
instead
- constant 30sat/vb confirmation next blocks for a while
- actual decrease in the total size of mempool from yesterday by 8vMB (including 1sat/vb)

Manipulation? Grin

Lol!

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Fees have actually gone down recently. Shocked

FeeBuddy

copper member

Activity: 364

Merit: 21

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 31 sat/vB
halfHourFee: 31 sat/vB
hourFee: 31 sat/vB
economyFee: 31 sat/vB
minimumFee: 25 sat/vB

FeeBuddy

copper member

Activity: 364

Merit: 21

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 35 sat/vB
halfHourFee: 33 sat/vB
hourFee: 32 sat/vB
economyFee: 32 sat/vB
minimumFee: 24 sat/vB

FeeBuddy

copper member

Activity: 364

Merit: 21

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 50 sat/vB
halfHourFee: 43 sat/vB
hourFee: 38 sat/vB
economyFee: 38 sat/vB
minimumFee: 24 sat/vB

Learn Bitcoin

hero member

Activity: 462

Merit: 767

Instant cryptocurrency exchange with own reserves!

Quote from: bitmover on January 10, 2024, 10:45:24 AM

Thanks to @Learn Bitcoin who made the donation, now @FeeBuddy has a Copper Membership!!

I will set everything up to post the images in a few days, using talkimg.

I will see if I can improve the image with some kind of chart too! Like ChartBuddy

I am glad that I was able to be a minor part of a great start.
Everyone could help with their extra ordinary coding skills and other knowledge but I don't have something like that. So, there is a less chance for people like me to be a part of a historical start. I am very much happy that I was able to help. I hope FeeBuddy will continue to stay around and update us

Cheers!

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: examplens on January 10, 2024, 10:36:26 AM

All the best my friend.
I'm still impressed with how far you've gone with development, all from the starting point.
I'm glad I helped you with the server Wink

Thank you! I am enjoying my new hobby, learning a lot about web development while participating in the forum!

Thanks to @Learn Bitcoin who made the donation, now @FeeBuddy has a Copper Membership!!

I will set everything up to post the images in a few days, using talkimg.

I will see if I can improve the image with some kind of chart too! Like ChartBuddy

examplens

legendary

Activity: 3472

Merit: 3507

Crypto Swap Exchange

Quote from: bitmover on January 10, 2024, 09:47:21 AM

Quote from: FeeBuddy on January 09, 2024, 04:27:33 PM

fastestFee: 46 sat/vB
halfHourFee: 39 sat/vB
hourFee: 35 sat/vB
economyFee: 35 sat/vB
minimumFee: 24 sat/vB

Everything is now set!

Cron job is working, and it will post every 6 hours, the first post will be soon.

Thanks for @examplens for the help with the shared server!!

All the best my friend.
I'm still impressed with how far you've gone with development, all from the starting point.
I'm glad I helped you with the server Wink

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: FeeBuddy on January 09, 2024, 04:27:33 PM

fastestFee: 46 sat/vB
halfHourFee: 39 sat/vB
hourFee: 35 sat/vB
economyFee: 35 sat/vB
minimumFee: 24 sat/vB

Everything is now set!

Cron job is working, and it will post every 6 hours, the first post will be soon.

Thanks for @examplens for the help with the shared server!!

FeeBuddy

copper member

Activity: 364

Merit: 21

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 46 sat/vB
halfHourFee: 39 sat/vB
hourFee: 35 sat/vB
economyFee: 35 sat/vB
minimumFee: 24 sat/vB

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: joker_josue on January 08, 2024, 08:52:23 AM

Quote from: bitmover on January 08, 2024, 07:03:57 AM

Code is ready, however I am fixing some issues on the server side to set up the cron job! I think it will be working soon!

Specifically, what will your bot do?

_{I'll admit, I don't want to read the +50 previous posts.} Cool

It will post the fees every 6 hours (or less if needeed). Similar to chart buddy.

joker_josue

legendary

Activity: 1890

Merit: 5197

**In BTC since 2013**

Quote from: bitmover on January 08, 2024, 07:03:57 AM

Code is ready, however I am fixing some issues on the server side to set up the cron job! I think it will be working soon!

Specifically, what will your bot do?

_{I'll admit, I don't want to read the +50 previous posts.} Cool

Topic: Mempool Observer Topic - page 78. (Read 22034 times)