Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19063. (Read 26609497 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2842
Merit: 1511
if i done my maths right, FCT has pumped 180x in 3months...is that right..it cant be...is it Huh Cheesy  dec 2105 it was 5k sat going upto almost  900k sat in march

It was around 20k sat before the pump in Dec and peaked at ~870K sat on Polo, so about 43x.
member
Activity: 66
Merit: 10
... I'm actually conducting a quantum experiment where consciousness interacts with hashing in order to ...generate hashing collisions and do so spectacularly against the odds. So if the experiment succeeds (in a universe of infinite possibilities, it has already succeeded) it would be a tragedy if I found a block and have it get orphaned because of my slow upload speed or other propagation and verification delays. Maxblock 0 it is then...

Even odds you're not joking. Because Bitcoin.
member
Activity: 117
Merit: 10
I'm not a pool and my hashrate is tiny so there is no guarantee I'll find blocks. I'm actually conducting a quantum experiment where consciousness interacts with hashing in order to ...generate hashing collisions and do so spectacularly against the odds. So if the experiment succeeds (in a universe of infinite possibilities, it has already succeeded) it would be a tragedy if I found a block and have it get orphaned because of my slow upload speed or other propagation and verification delays. Maxblock 0 it is then...

lels intensify...
legendary
Activity: 1708
Merit: 1049

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.

Actually, at levels like 0.2 - 0.3 btc per block, fees too are junk yes. Hence the presence of 0 tx blocks.

Personally I'm currently mining with -blockmaxsize=0. My connectivity is not that good so it'd take me a couple secs to upload a full block and then it would take some extra time to propagate, so I can't risk losing 25 btc for peanuts.

oh ic you must be F2Pool

I'm not a pool and my hashrate is tiny so there is no guarantee I'll find blocks. I'm actually conducting a quantum experiment where consciousness interacts with hashing in order to ...generate hashing collisions and do so spectacularly against the odds. So if the experiment succeeds (in a universe of infinite possibilities it has already succeeded) it would be a tragedy if I found a block and have it get orphaned because of my slow upload speed or other propagation and verification delays. Maxblock 0 it is then...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2758
Merit: 1075
BitShares now Live on Microsoft Azure Blockchain as a Service (BaaS)
https://www.reddit.com/r/BitShares/comments/49r1t9/bitshares_now_live_on_microsoft_azure_blockchain/
wonder if this is the next coin pump after FCT...5x is in sight  , 10x is possible
if i done my maths right, FCT has pumped 180x in 3months...is that right..it cant be...is it Huh Cheesy  dec 2105 it was 5k sat going upto almost  900k sat in march
member
Activity: 117
Merit: 10

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.

Actually, at levels like 0.2 - 0.3 btc per block, fees too are junk yes. [1] Hence the presence of 0 tx blocks.

Personally [2] I'm currently mining with -blockmaxsize=0. My connectivity is not that good so it'd take me a couple secs to upload a full block and then it would take some extra time to propagate, so I can't risk losing 25 btc for peanuts.

[1] No. Read up on tx free blocks, and why they happen within 1-55 seconds of the previous block.

[2] Just... lol.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.

Actually, at levels like 0.2 - 0.3 btc per block, fees too are junk yes. Hence the presence of 0 tx blocks.

Personally I'm currently mining with -blockmaxsize=0. My connectivity is not that good so it'd take me a couple secs to upload a full block and then it would take some extra time to propagate, so I can't risk losing 25 btc for peanuts.

oh ic you must be F2Pool
legendary
Activity: 1708
Merit: 1049

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.

Actually, at levels like 0.2 - 0.3 btc per block, fees too are junk yes. Hence the presence of 0 tx blocks.

Personally I'm currently mining with -blockmaxsize=0. My connectivity is not that good so it'd take me a couple secs to upload a full block and then it would take some extra time to propagate, so I can't risk losing 25 btc for peanuts.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.

so junk TX are filling up blocks and thats why i have to pay a fee of 4cent or more.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


to get the fees

the TX themselve are probably all junk tho.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....

if there junk why are miners including them in blocks?


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 117
Merit: 10
Core  Node   Vs  Classic Node

More like this =>

Core node


Classic node



Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....


1. Your transactions are spam. Garbage

2. The network is meant for high fee settlement transactions.

3. Just use a higher fee than the others trying to use this revolutionary, competition-less, 4 Chinese dude controlled, censhoreship proof network.

4. Investors only care about today, not tomorrow, nor tomorrow's potential.

4.5. Just sit back and get rich, stop complaining. Mewn.  Cool


People will beat down doors to use our expensive system... because reasons. You can't beat the decentralization of Antpool, Fish Pond, BitRage, and BTCCCP.
legendary
Activity: 1624
Merit: 1008

i give up

you keep believing that on avg blocks are only 50-75% full

Aww there's your problem, using the wrong terminology. What you mean to say is median blocks are above the average 50-75% full. So technically if you were using proper terminology Adam, you could both be correct.

Median versus Average

i mean typically blocks are full there are some special cases where blocks aren't but this has nothing to do with lack of TX to include.

nioc has been waiting 12 hours now...
it's likely his 8000byte tx will never confirm
dont try to use your fancy statistics to prove somthing that is so obviously false.

Median versus Average what is this sorcery?   Cheesy yes yes i know the diff between Median and Average -_-

4 confirmations!!!!!!  WEEEEEEEEEEEEE

Thank you BitClub Network whoever you are Kiss
legendary
Activity: 1708
Merit: 1049
Core  Node   Vs  Classic Node

More like this =>

Core node


Classic node



Quote
https://www.reddit.com/r/Bitcoin/comments/490dyi/serious_question_if_raising_the_max_block_size/d0o35r1
...

...out of the 235,000 transactions only 90,000 are actual regular transactions. 61% of the transactions currently being mined are long chain spam transactions. So less than half of what is included in all those 1MB blocks is useless junk....
member
Activity: 66
Merit: 10
...
Median versus Average what is this sorcery?   Cheesy yes yes i know the diff between Median and Average -_-
And you know what else?
ETH $11.99 (22.78%) Shocked It's as if the Heavens themselves have conspired against us!
Either that, or filthy Gypsy witchcraft!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Core  Node   Vs  Classic Node


Vs.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if we all shop at bigasscomputer.com we can scale bitcoin to the moon ┗(°0°)┛
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