Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: stompix on December 21, 2017, 08:40:46 PM



Title: Xmas & New Year's Eve vs Mempool & tx fees
Post by: stompix on December 21, 2017, 08:40:46 PM
We all know it, the mempool is at around 250k transactions, fees are through the roof and....Xmas is coming.
I know that not all the world is Christian but the part that matters is celebrating Christmas in a few days.

The most interesting fact is that the two days of Christmas are on Monday and Tuesday which means a long weekend and the same happens with the New Year.
Basically from 23 to 2 , out of 11 days, 4 are normal weekend, 4 are Holidays around the world and only 3 are normal working days.

So in theory even bitcoin transactions should decrease by a lot.
Of course bitcoiners are not what you call normal, but still we should see a drop.

How big? Or is the spam going to supplement this?

Btw, I just love this graph:
https://jochen-hoenicke.de/queue/#2w

https://s9.postimg.org/94kwfk3rz/DJ6_Ir_E.png




Title: Re: Xmas & New Year's Eve vs Mempool & tx fees
Post by: keithieY5 on December 21, 2017, 11:05:01 PM
this is Spam and users who want to make fast money by moving bitcoin between exchange sites make it badly.

at the end network will back to normally after BCH down.


Title: Re: Xmas & New Year's Eve vs Mempool & tx fees
Post by: stompix on December 24, 2017, 05:03:29 PM
Seems like The Chrismas spirit is doing its magic on the mempool


https://s14.postimg.org/68557kuld/Dj_Lds_W.png


According to blockchain.nfo we're also down to 180 000 transactions , that's almost 100 000 less than the peak.