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1  Bitcoin / Bitcoin Discussion / ByeBye clogged mempool, ByeBye huge tx fees on: February 08, 2018, 03:27:34 AM
The situation right now (things might change by tomorrow, after all this is bitcoin Smiley )
5065 unconfirmed transactions
Mempool Transactions:   475
On average 1000 tx on the mempool with fees over 5sat/b

As for the fees:
For a fee to be included in the next 6 blocks...~3.38 USD
If you want to wait 480mins (8h) the fees are 20 cents.

The fastest and cheapest transaction fee is currently 120 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 27,120 satoshis.

27k satoshi are at current price around 2.14$ (slight difference here)

So good news for all the coffee lovers that were unable to buy a cup without spending 30$.
And even better, no more "accelerator services" threads and scammers on this forum.
2  Bitcoin / Bitcoin Discussion / going nuts? 2GB Mempool size? on: January 04, 2018, 10:30:35 PM

Summary   Status: Connected
Total Fees   9,482.42272796 BTC
Total Size   2040701.064 (KB)
Transactions Per Second   156.82

There are still ~ 175k tx counted , so that would make the average tx size over  11kb  ....

Is this a new low fee spam attack that other mempool are dropping and only blockchain is still counting?
Or a glitch...again?

3  Economy / Gambling discussion / Where can I bet on horse races (UK and Ireland) ?? on: December 23, 2017, 01:33:28 PM
Pretty much the title itself.
Looking for a BTC betting website that allows you to bet on Uk and Irish racing.

The only option was directbet but that's an old story by now.
Please, no shady websites 1-2 months old!
4  Bitcoin / Bitcoin Discussion / Xmas & New Year's Eve vs Mempool & tx fees 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:

5  Other / Meta / Account farming ?!? on: December 06, 2017, 03:56:35 PM
I've run into a thread that had only newbies posting and when out of curiosity I checked their profiles they are all posting in the same threads in the same order.

Since multiple accounts are allowed, is account farming banned?
Should I start reporting them?

I'll post the links with the usernames after I get a response.
6  Bitcoin / Bitcoin Discussion / WallStreetJournal - Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 on: November 29, 2017, 06:26:45 PM
I know it's more like something for the press section title but it's too important not to get a thread:

Nasdaq Inc. and broker Cantor Fitzgerald LP are looking to join the rush on Wall Street to trade bitcoin, which powered above $11,000 on Wednesday.
Nasdaq aims to launch bitcoin futures in the first half of 2018, according to people familiar with the situation.
Separately, Cantor said it is seeking to launch bitcoin derivatives on an exchange it owns, also in the first half of next year. The moves come after two major Chicago exchange operators announced similar plans for the digital currency.

One of the people said Nasdaq is trying to differentiate itself from rivals CME Group Inc. and CBOE Global Markets Inc.—the two Chicago exchange groups that have announced plans to launch bitcoin futures—by designing a futures contract that better tracks the world-wide price of bitcoin. Nasdaq has briefed market participants on its plans, this person added.

So, Nasdaq and futures and derivatives.

The news will probably make BTC price go nuts, we are seeing close to 11k right now.
Forget the Moon, we're hitting Mars now.

But with all the hype I must say that whenever I hear the words futures and derivatives I get a very very bad feeling.

7  Bitcoin / Bitcoin Discussion / It's forking season !!! When it will end? List of Bitcoin Forks (Forkly Updated) on: November 27, 2017, 03:06:01 PM

Let's start counting (I will update the list as they emmerge)

At first we had
Bitcoincash - (claiming to be the real bitcoin)

Then there were the golden times:
BitcoinGold - power to the poeple!!! or Make Bitcoin Decentralized Again.

We failed with Segwit2X (although people bought futures for seg2x)

Entering Diamond Age
Bitcoin Diamond:  Based on Bitcoin protocol to improve the privacy & processing speed of transaction.  (lameeeeee)

And of course , superman is coming, and he's smart also:
Super Bitcoin  -  - Make Bitcoin Great Again  (plagiarism much?)

Not forgetting the clashic
BitcoinClashic - - Satoshi's True Vision

Bitcoin Silver:

Bitcoin Liza (no website no info , but trading on yobit futures)

To be updated....

And those are the Huuuuge differences between the first:

8  Bitcoin / Bitcoin Discussion / Would you pay 500$ for a transaction? Some do!!! on: November 15, 2017, 01:21:14 PM
Checking the blockchain I stumbled upon this:

The fees were 552 and 551 $ to move 652/5,989 $.

Apart from the usual culprits, fat fingers, stupid wallet with no possibility to set the fees, and assuming no alcohol involved
Why in the name of god would you do this?
9  Bitcoin / Bitcoin Discussion / What the hell is going on? on: July 26, 2017, 01:17:35 PM
What the hell is going on?

Btc-e is on maintenance
Alphabay was taken down by the police
Bitmixer is closing down (voluntarily)

The same time:

Greece arrests Russian suspected of running $4 billion bitcoin laundering ring

Suspected AlphaBay founder dies in Bangkok jail after shutdown of online black market

Is there any connection between those or just coincidence?

10  Economy / Service Discussion / Bitmixer clone Bitmixor , scam? on: July 26, 2017, 12:57:24 PM
As soon as bitmixer closed down a clone has appeared:
Registered on the 23
Creation Date: 2017-07-23T10:46:26Z
Website Title     BITMIXER.IO | High Volume Bitcoin Mixer

It has a paid ad with google:

11  Bitcoin / Bitcoin Discussion / Project fear! Bitcoin vending machines to temporarily shutting down on: July 16, 2017, 06:50:48 PM
So we have another "project fear" across the ocean this time

Given that the situation is going to be very fluid and potentially risky, we at Shire BTC Vending and Shire Bitcoin are shutting down the Bitcoin Vending Machines in Manchester, Concord, and Keene temporarily on July 31st. We at Shire BTC Vending will be monitoring the situation and will post updates on the Shire BTC Vending website and NH Bitcoin forums. Shire Bitcoin, who operates the Concord BVM, will post updates to their site as well.

So after one the major exchange is toying with the idea of freezing bitcoin transaction
the little guys are also taking steps...

Are there any more examples of business shutting down their bitcoin operations on July31st -Aug1st ?

What do you think about people already pissing their pants fearing something that will never happen?
12  Economy / Economics / Why market cap is irrelevant on: July 16, 2017, 03:03:36 PM
Data from the last 24h:

Total market cap of bitcoin and some unnamed shitcoins in last 24 hours
72 billions > 64 billions
24 hours trade volume 3 billions(including trading between shitcoins)

Even assuming all the volume was from sold coins the market cap went down 3 times more.

So everybody concern with the fall in market cap and billions evaporated please take a break and breath.
There is no Armageddon happening, no whales running with billions, no Chinese mafioso withdrawing trillions from the market.

There are 1 million coins with 100$ price.
I sell 1000 coins and the market cap drops to 99$.
I pulled out 100 000$ but the market cap dropped by 1 million.

Marketcap is irrelevant.

And this should scare the shit out of people who invested in coins based on their rank on coinmarketcap.

13  Bitcoin / Mining / Statistics about past mining profitability on: April 05, 2017, 11:52:04 AM
I've been away for some time from the forum and I need a bit of info for a material about bitcoin mining past and what might be in the future

I'm calculating profitability only in terms of electricity bill/ profit in usd , I'm not taking into account roi or anything else, also not interested in the so called free electricity.

So I need the data about the most efficient miners in the past two years.
As I understand the s9 was released in June 2016 and the s7 in august 2015 (correct me if i'm wrong).
Were those two the most efficient at any given time or do I have to take others into account?

14  Bitcoin / Bitcoin Discussion / What is Bitcoin Innovations Ltd ? on: July 21, 2016, 10:40:26 AM
In the recent kat takedown it has leaked that the owner of kickass had a substantial part in  Bitcoin Innovations Ltd.

Are there any projects by this company?
15  Economy / Marketplace / Looking for exchanger script on: February 01, 2014, 12:58:34 PM
I've been searching for an exchanger script for a while..
I've stumbled upon openex
but it seems incomplete and with a few serious bugs

Anyone knows about a better solution. And if not free , at what price ?
It doesn't have to be anything fancy , just to support a few coins pairs.
16  Alternate cryptocurrencies / Marketplace (Altcoins) / Looking for altcoin exchanger script on: February 01, 2014, 01:50:32 AM
I've been searching for an exchanger script for a while..
I've stumble upon openex
but it seems incomplete and with a few serious bugs

Anyone knows about a better solution. And if not free , at what price ?
It doesn't have to be anything fancy , just to support a few coins pairs.
17  Alternate cryptocurrencies / Altcoin Discussion / How much space you use with alt blockchains? on: January 15, 2014, 11:33:58 PM
With this invasion of alt coins and their growing blockchains I always wondered how many people are indeed running a full node for multiple coins.

Is there somebody who has 5-10 different clients running the same time? How much space are your favorites using on your hdd? (or ssd).
And most important , which ones?
18  Economy / Speculation / Christmas trading on: December 19, 2013, 07:41:13 AM
I wonder how things will unfold this Christmas.
Sure , lots of people will stop doing trades , watching the prices on x-mas and during New Year , but a lot won't.

How many traders will still be active these days? And will some manipulator try to take advantage of this?
19  Economy / Economics / Banks and Bitcoins ?? on: November 27, 2013, 11:51:37 AM
Most of people here hate banks , I can't go as far as saying hate , I just don't like them.
But I've seen lots of people , old and new on this board mentioning bitcoin as a bank killer.

Well , currently bitcoin is just the opposite , people are using banks to buy and sell bitcoins.
People who hate banks buy this bank killer via banks , and they do this by paying a fee. Ironic? , well it gets even more , remember inputs? or the current blockchain wallet?

Even if BTC replaces the usd or the euro or the yen , people will still flock to deposit their btc in a banallet (bank-wallet) owned by a third party.
Even with the fiat money out of the picture , people will still have to get loans. The solution? Banks.

I see the role of banks diminishing in the future and their impact on the economy also , but them to disappear? Never! Change name a bit of marketing and back in the picture.

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