Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14999. (Read 26715075 times)

sr. member
Activity: 392
Merit: 254
Ok, ok. I get it now. Hodl.

Ok.
sr. member
Activity: 292
Merit: 265
Nice jump. Woo !

I wasn't expecting $12500 in an instant. That was an extremely fast pump.

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
You are very gracious.  

In other news I would like to express my disappointment at the rising BTC price. I have put a lot of effort into a bear market strategy over the past week that doesn’t require shorting and am now ready to go.  And the bloody price is rising and I’m twiddling my thumbs!  

Of course I’m long BTC and delighted but I really did want to test it out....

Keep jinxing your strategy Cheesy

For fucks sakes the price keeps going straight up !  This is a complete write off !  

This isn’t costing me anything - my stash is earning a lot of money. But it’s extremely frustrating !   


Also my alts are starting to bend as oxygen flows towards BTC. 
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
member
Activity: 258
Merit: 14
You are very gracious.  

In other news I would like to express my disappointment at the rising BTC price. I have put a lot of effort into a bear market strategy over the past week that doesn’t require shorting and am now ready to go.  And the bloody price is rising and I’m twiddling my thumbs!  

Of course I’m long BTC and delighted but I really did want to test it out....

Keep jinxing your strategy Cheesy
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
https://twitter.com/cryptovenus/status/954483855364378624

Interesting retweet type thing. Bitmain is off abroad with a vengeance. I wonder where they'll end up fully spreading to.
Why stay in a country that doesn't want you.
legendary
Activity: 1806
Merit: 1828
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.

Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?

Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.

Given that 140 sats is consistently clearing, 390 sats is grossly overpaying. You really need to judge your own fees.  Just pick a level that is currently consistently clearing. I  would be very comfortable with getting into the next block with 195 sats right now.



Yes, I typically use this web page to pick my own fee. https://dedi.jochen-hoenicke.de/queue/more/#24h Only risk is if suddenly there is a massive influx of transactions, or the network experiences some bad luck. You never know when someone may decide to "stress test" the Bitcoin Mempool.
sr. member
Activity: 292
Merit: 265
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.

Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?

Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.

Given that 140 sats is consistently clearing, 390 sats is grossly overpaying. You really need to judge your own fees.  Just pick a level that is currently consistently clearing. I  would be very comfortable with getting into the next block with 195 sats right now.



That website's recommended fee is extremely high because it's guaranteed to get into the next block. It gives a whole range of fees with probabilities of confirmation times.

Sometimes confirmation is so urgent I am prepared grossly overpay to guarantee a place in the next block. If it's not urgent I go for one of the cheaper lower probability fees.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.

Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?

Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.

Given that 140 sats is consistently clearing, 390 sats is grossly overpaying. You really need to judge your own fees.  Just pick a level that is currently consistently clearing. I  would be very comfortable with getting into the next block with 195 sats right now.

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Bitcoin has the development effort behind it. It is going to smash it out of the park this year.

I certainly hope so

Oh no we can't have that. Otherwise what will the BCash and shitcoin shills troll us with?

Competition between second layer solutions could be robust.
sr. member
Activity: 292
Merit: 265
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.

Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?

Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.
legendary
Activity: 1806
Merit: 1828
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.
legendary
Activity: 3794
Merit: 5474
Bitcoin has the development effort behind it. It is going to smash it out of the park this year.

I certainly hope so

Oh no we can't have that. Otherwise what will the BCash and shitcoin shills troll us with?
sr. member
Activity: 292
Merit: 265
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Bitcoin has the development effort behind it. It is going to smash it out of the park this year.

I certainly hope so
sr. member
Activity: 292
Merit: 265
https://twitter.com/cryptovenus/status/954483855364378624

Interesting retweet type thing. Bitmain is off abroad with a vengeance. I wonder where they'll end up fully spreading to.

Probably somewhere freezing cold like the North pole.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Bitcoin is doing precisely what it is supposed to do; secure my, and your, and everyone here's wealth in a secure, decentralized, deflationary vehicle...I have never said anything other.

It is NOT, in its current form, a suitable, day to day, means of exchange, and there is a vacuum, and an opportunity.

Will that opportunity be picked up by the lightening network?  Perhaps...if it is ready soon, perhaps it will, if not that opportunity will fall to a competitor.

Bitcoin has the development effort behind it. It is going to smash it out of the park this year.
legendary
Activity: 3388
Merit: 3514
born once atheist
You are very gracious.  

In other news I would like to express my disappointment at the rising BTC price. I have put a lot of effort into a bear market strategy over the past week that doesn’t require shorting and am now ready to go.  And the bloody price is rising and I’m twiddling my thumbs!  

Of course I’m long BTC and delighted but I really did want to test it out....

Dont mess with the honey badger..you know better! Wink
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Bitcoin is doing precisely what it is supposed to do; secure my, and your, and everyone here's wealth in a secure, decentralized, deflationary vehicle...I have never said anything other.

It is NOT, in its current form, a suitable, day to day, means of exchange, and there is a vacuum, and an opportunity.

Will that opportunity be picked up by the lightening network?  Perhaps...if it is ready soon, perhaps it will, if not that opportunity will fall to a competitor.
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