There seems to be a general thing in the forum, among the most generous merit givers that
if you talk about altcoins instead of bitcoin, you will not get merit.
The forum is called Bitcointalk. If you use any other language than English (stated as: a language I don't speak!) in some of your posts, you won't get merit. That is just racist.
How are people supposed to rate a post they do not understand? If you comment on bounty posts you will not get merit AND you are an idiot.
That is usually true. I think the admins should take a look at this and do something about it be happy.
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That's pretty much it, it's a gimmick. The whole faucet thing started as a way to introduce noobs to Bitcoin by giving a small amount away for free. This is just an extension on that idea by introducing noobs to the concept of mining.
In faucet, people can earn small amount just by claiming every one hour but in mining, they may risk their PC to earn smaller amount so it is not worth for noobs to try this mining option. Wrong. There is NO risk to your PC. Processors have automated protection systems in place that will guarantee that they do not overheat. It's just another way of getting a few more satoshis in your balance and if it introduces noobs to the concept of mining that a good thing as well. It's just a shame the number of ignorant comments on this forum by people telling them that somehow a processor is going to get harmed by processing. |
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bitcoinfees.earn.com is great website, the only problem is they give recommendation fee for very fast confirmation a.k.a next-block confirmation after broadcast the transaction. Also, i think the data isn't real time since they mentioned that "The predictions are based on blockchain data of the last 3 hours, as well as the current pool of unconfirmed transactions (mempool)." which cause the problem you mentioned.
I think simply see their vertical bar and choose lowest fees with fastest delay 1 block is good enough for everyday usage.
But just have a look at the images I posted above. The data in those bars doesn't match what the miners are doing. They have old transactions that are not getting confirmed that stay in those bars and make the estimate you can make wrong. |
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Bounty’s, Twitter, airdrops, altcoins and a language I don’t speak? Maybe there’s no one else left on this forum. If that’s the case then this is no longer the main source for bitcoin information and discussion. They should move this forum to servers in Jakarta, change the name to altbountytalk and have bots mod the forum. I had no idea it had devolved this far down the intellectual gopher hole. Seeing how many people you have awarded merits to so far has actually been a pleasant surprise. I feared things were far worse. You've increased my optimism that it's not too late to save the forum. |
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It seems merits don't matter to you huh? You know full well that most of us here, want to have an alternative source of income besides our job and while it is true that we are participating in different discussions in the forum, we want to earn while we are at it, through signature campaigns, trading investing and etc. Seeing you have a signature on your profile, you can easily understand my point here.
This is the problem. Posting on a forum is not a job. Most of the time I have been on this forum I have not had a paid signature. I used to use it for referral links so I know my signature gets a lot of hits. But as I've been spending more time on the forum lately and I thought why not get a little bonus payment. The difference is I would be here posting regardless. I consider it renting out valuable advertising space rather than getting paid to post. |
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Yeah, seems like this is certainly the case and my prediction on seeing finally the mempool empty will never happen.
In 24 hours the situation has changed quite a lot.
I think we actually did have an empty mempool situation a short while ago. I've been trying to work out what is wrong with that garbage site and posted another thread. https://bitcointalk.org/index.php?topic=2990283.msg30817058#msg30817058I think it is to do with the mempool settings as each node has its own version of the mempool. It looks like they have many transactions that are not in the miners mempools. So https://jochen-hoenicke.de/queue/#1,24h was showing it empty and the miners were making small blocks consistent with what that showed but fees.extortionate was still showing 6k unconfirmed.  |
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Update on this. Currently, the mining pools are not finding enough transactions to fill blocks, the mempool is empty as far as they are concerned.  But bitcoinfees.earn.com is still showing many transactions in their mempool including a lot at high fees.  I'm pretty convinced that setting the mempool to keep transactions for 14 days must be inconsistent with the settings used by the mining pools and this is a large part of what is causing them to consistently overestimate fees. |
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The problem is if the thread gets locked then they'll just start another one to replace it. The merit system is slowing down the influx of new spamming accounts, now we just need a way to weed out the ones already here.
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~snip~
That is not a Biitcoin address. mine is :
3Ncry7im3JDMMCFBfjWzcrEHweHWzzraCZ
Quoted but can you sign a message from that address? If not it will not help get your account back. |
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I think if there is already a good guide,It's ok to use it . We,as users, need to help the others and it doesn't change if they are our words or guides posted on other sites Why didn't you credit where you copied it from? You were trying to pass it off as your own work. |
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You're right, when I try to withdraw BTC there is (now) a fee displayed. I would have sworn it was not there before, at least during the period with high transaction fees/the mempool spam attack and wondered why... But well, my memory could be wrong. As they charge (now) fees, the statement makes more sense.
My memory wasn't working too good either, it turns out 'as long as I can remember' was last June. https://www.bitfinex.com/posts/205That's the announcement when they introduced them. |
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I think it is a waste of merit, and it goes against the spirit of the system. The idea of merit is to encourage fresh new posts and posters that are assets to the board. Rewarding tired old posts, and bumping out of date threads, isn't going to build a vibrant new community.
I disagree. If a post is great or informative it should still be considered for merit if you stumble across it and find it helpful or informative. At least we know those posts weren't just created for the explicit purpose of trying to get merit as many people are now doing. I have a couple of threads that were created before the Merit system that people seem to find helpful such as the Activity FAQ and Signature Campaign Guidelines thread and I don't think they should be exuded just on the basis of when they were created, but you and anyone else are certainly free to leave merit as you see fit. The merit system isn't only about rewarding the authors of good posts but also about making quality content easier to find. I've found a lot of interesting stuff just by looking at the merit stats pages that would have otherwise remained hiding from view in amongst the endless spam. |
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This must be the case, because hilariousandco is not on the donator's list. Maybe all moderators?
That is it, a moderator privilege. mprep is a Diamond Member which I'd guess is some sort of moderator rivalry going on. Also, there are one or two other users that got to have a custom title by asking nicely for it. |
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Note that they keep the data in two ranges... the first bar is for 14 days (336 hours) and the second is for 1 day (24 hours) so the data will stay there for a while. Maybe they're doing it on purpose, maybe they just use a different, less flexible dataset. I wouldn't know.
The first bar is what is in the mempool, ie. what is queued up waiting to be confirmed. How long a transaction is held in a node's mempool is configurable so they're just telling you that theirs is set to 14 days. If you look on https://www.blocktrail.com/BTC, for example, they always show a smaller number of transactions queued because they set theirs to kick out anything older than 3 days. The second bar is the number of transactions that have been confirmed in the last 24hrs. That figure would be the same anywhere regardless of how the mempool is configured, everyone gets the same blockchain. So what I'm seeing here is queued transactions not being confirmed even though they have higher fees than transactions than those that are being confirmed. |
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I was trying to stay away from the tinfoil hat route of them doing it on purpose, although I do acknowledge that anything is possible. Personally, I like to work out fees from https://jochen-hoenicke.de/queue/#1,2h as it is really easy to see what is included in each block and if there is a trend up or down. I'll even admit that the estimated fee on BTC.COM is pretty reliable for anyone who doesn't want to get involved with working it out. I've been watching this for a while and I'm just trying to work out any technical explanation for their mempool to have all these transactions seemly stuck and not being propagated around the network. |
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Not sure what "we can provide our customers with bitcoin withdrawal fees that are up to 20 percent lower" means. As far as I can remember they paid transaction fees during the whole BeeCash spam attack, I've never paid any transaction fees for a withdrawal, which is nice.
Maybe you just didn't notice them. On the withdrawal page it currently shows a fee of 0.0006 BTC. If you click the help link next to it you see this: Notice
There is a small network fee for sending a BTC transaction.
The transaction fee is updated periodically based on BTC network activity in order to achieve reasonable transaction confirmation times.
There's been a fee as long as I can remember but it has always been lower than most exchanges. I'd guess that announcement means they've adjusted their formula lower by 20%. I can also confirm on the deposit page if you request a new address it gives a Segwit one. I agree it's odd they didn't announce the change on the site itself. |
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