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1901  Bitcoin / Bitcoin Technical Support / Re: how can i change the fees from a signed and sent transaction ? on: November 20, 2023, 05:33:33 AM
hello everyone, i hope all of you are doing good,

so actually what i'am asking is that if it's possible to manually change the fees of a transaction that already has been sent to mempool ?

imagine i sent transfer with x fees and the actual fees are x+10, so i want to add that 10 to my fees tx, how can i do this ? and is it possible ?

thank you all Smiley

if you show the tx we can figure if it is rbf possible.

also we can see if it will work in viabtc.com tool section
1902  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: November 20, 2023, 03:05:44 AM
Well rewards dropped.

last ten blocks are down a lot.

https://blockchair.com/bitcoin/blocks

we were ripping 2-3 btc in fees

now .7-1.5 still high
1903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2023, 03:04:42 AM
a new ATH that's going to be higher then the previous ATH.



...

 Roll Eyes

Nice catch quite funny.
1904  Bitcoin / Bitcoin Discussion / Re: [POLL] Is bigger block capacity still a taboo? on: November 20, 2023, 02:52:23 AM
If 4GB blocks become the norm
BSV, BCH etc are all irrelevant, talking about GB blocks is also irrelevant to Bitcoin block size discussions, no one is stupid enough to actually think about anything above 100MB by 2030. So I think bringing GB is bad, it makes mining centralized etc is a fallacy.
I don't know who you are but it seems you have a few pockets filled by recent spam attacks and you are trying to deviate from the actual concern, which is ; Bitcoin has to scale. I would say if we had 8MB blocks, we could hit the walls of $80,000 by now, but that's just speculation right?

and it needs to scale better than the ltc/doge 12x tx capacity edge.

So are we at 4mb right now. 12x that is 48mb

maybe it tries 32mb blocks and 0.0001000 as a minimum dust send with 0.00001 as a minimum fee.

See what that does for ordinal prevention.
1905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2023, 01:36:44 AM
carrie underwood
singing sunday night football 🏈
is why we went green

carrie can rise me
with ease lying in my bed
nice outfit bares leg


btw I will take some profits on this rise.

maybe 0.05btc
1906  Bitcoin / Bitcoin Discussion / Re: How high can the transaction fees become? on: November 20, 2023, 12:58:18 AM
Look at the fee spikes of the past and double or tripple that to get some idea of how high they can get in the coming years. If Bitcoin shoots up, the traders will have more value in their hands and they will be able to tolerate higher fees when they move coins in/out/between exchanges. But the good news is that spikes don't last for long, just a few weeks and then fees go down to a more manageable level.

300 to 500 usd would be pushing what people would pay in most cases.
1907  Economy / Speculation / Re: Buy the DIP, and HODL! on: November 20, 2023, 12:52:39 AM
I am looking to lock in some profit. So I will be selling about 0.1 btc soon
1908  Economy / Services / Re: [CFNP] SINBAD.IO [Mix Your BTC Quickly] Signature Campaign | Up-to $225/w on: November 19, 2023, 11:17:25 PM
This section is for BTC campaigns, besides we are promoting a BTC mix. Therefore, payment must be in BTC.
It doesn't shock me, if this network issue doesn't calm down in the next few hours, reduce 1-2$ to move forward.

Well, given the circumstances, it shouldn't be a problem to use an altcoin for payment temporarily. The current situation is horrible for all Bitcoin transactions.

Perhaps we should also ask what Sinbad's business is like and how high fees affect it. I would not be surprised if here too there is a significant drop in the use of mixers and users are waiting for a better time to mix coins. Whatever, it is not good for business.

True that. High transaction fees hurt quite a bit of business action.

a nice uptick to 37.43k means some good. If we were to go over 40k there would be more mixing moves.

As I said. I can wait till next payment and get 2x 225 = 450 - 10 to help with the fees.
1909  Bitcoin / Bitcoin Technical Support / Re: Raspi 4 for Bitcoin Node: Still Compatible? on: November 19, 2023, 03:14:38 PM
While i agree with you, unfortunately Chromebook gaining popularity on low-end/cheap laptop category. Although unlike Android, some chromebook currently let you install different OS with no or little hurdle.
I can (unfortunately) confirm this. Chromebooks are already being issued to our primary school pupils and used in lessons. The children learn to work with these systems right from the start and therefore don't even know how limited the devices actually are.

However, I have not noticed any (excessive) advertising on the Chromebooks, no. It was very different with a Windows 11 computer that I recently had to repair. These adverts come across very obtrusively as "tips" or "suggested apps" and tempt inexperienced users to click ... and to buy:


Source



[...]
Thanks for the clarification @philipma1957 (unfortunately, I am out of sMerits Sad ), that's actually not as tragic as I would have expected - even though my country is among the top countries you mentioned - unfortunately.

YEAH NO WORRIES I am spoiled with 14-17 cents in house and 4.7 cents at the mine.

I am a bit busy but I will get to some photos posted here. Showing the Asus running a node.
1910  Economy / Services / Re: [CFNP] SINBAD.IO [Mix Your BTC Quickly] Signature Campaign | Up-to $225/w on: November 19, 2023, 03:05:39 PM
I would add the option that all participants participate in paying the fee, at least while the fees are high. There are 50 members in the campaign, deducting $1 from each to cover the fee is acceptable, and the total amount ($50) would certainly cover the costs.
Agreed, sharing transaction fee with Sinbad and all participants to get next block addition is the way to go!

Like they say, "A problem shared is a problem solved."

I am due $225 in BTC. I am willing to drop to $220

I still prefer a LTC/Doge solution.

But I could take a $5 hit

I am not sure if $1 each is enough and for the lessor members it is a bigger hit.

But I can deal with - $5 if it helps.

Also I can wait till this Thurs  or Fri which is thanksgiving to get paid 445 even 440 versus 450 due to me.
1911  Economy / Services / Re: [CFNP] SINBAD.IO [Mix Your BTC Quickly] Signature Campaign | Up-to $225/w on: November 19, 2023, 02:10:53 PM
You can pay me in

LTC : M9MUJGKhva59yZZy3whYYHdqLwuzY5AUkk

Doge :  DCq786Ag9WoiC6z2PjxW1hASfYAKmqwJNM



In fact I would help you do payments if you want.

Ie do 1 send of btc to me and I can pay in ltc or doge.  to those that will take ltc or doge.


I have been posting that small value sends are far better suited for ltc and doge. Not btc.


Like it or not the 12x capacity of LTC+DOGE to send 12x the tx's as btc can send will cause this shit to happen time and time and time again.


1912  Bitcoin / Development & Technical Discussion / Re: Fair and unbiased coins have a bias to land on the same side they started on: November 19, 2023, 01:18:43 PM
lets pretend it is true.

how bout alternative spin starts.

A)  you must use heads on top to start flips for first ten tosses
B) you must use tails on top to start flips for second 10 tosses

so on and so forth pretty much ends that issue.  if that issue is true.

Other things need be done when you flip it it must go up and over your head as it is spinning. It must spin.

I would be willing to bet that if done with the same coins as the first test for 350,000 spins it would be more accurate.

1913  Bitcoin / Bitcoin Discussion / Re: How high can the transaction fees become? on: November 19, 2023, 04:29:52 AM
The mining algorithm has nothing to do with transaction fees.

yes it does.

sha-256 is setup to mine BTC. btc is 10 blocks an hour

scrypt is setup to merge mine 20 blocks of LTC an hour and 100 blocks of doge an hour.

So  room for 10 blocks of tx fees vs

room for 120 blocks of tx fees

both Algos have LN  service

So scrypt can do 12x the volume of btc

The fact you posted what you posted shows how deep the problem runs as you did not understand my concerns in the least or the reasons I keep writing this.

using btc via sha 256 for cash in small amounts is at a 12x disadvantage to using scrypt LTC/Doge

So rather then complain about high fees lets move on to proper use for

BTC
Large value movement of wealth
Large value storage of wealth

LTC/Doge
small value payments
small value storage.

The solution above would work . At least that is the way I see it.



Bcash and Bcash SV use the SHA-256 algorithm also and their fees are comparable to or perhaps even cheaper than LTC and DOGE. Ethereum has higher throughput capacity than LTC & DOGE, yet its fees are higher. Fees are more a result of demand for blockspace and total capacity rather than the consensus algorithm used.

Bcash and bcash sv have under 2% of the sha-256 network. ie almost no security .

scrypt mining ltc/doge merged have well over 95% of the network very secure.

so the glaring defect of btc is it can not move 12x the tx that it is moving now.

if it could you would not need scrypt and ltc/doge merge mining.

we can argue semantics forever.

so rather that do that.

I mean 95% or more of the hashrate ie BTC and Ltc/doge both have that thus they are secure.

but btc has 1 block every 10 minutes

and ltc/doge have 12 blocks every 10 minutes.

the most secure coin in terms of gear  hash rate percent power use is Btc
the second most secure is ltc/doge.

I see what you mean by it is not the algo.

So I am clarifying myself

ltc/doge 95% of the algo’s hashrate a lot of expensive gear and high power use= safe
btc        95% of the algo’s hashrate  a lot of expensive gear and high power use = safe

ltc/doge 12 blocks per ten minutes
btc 1 block per ten minutes


doge/ltc could use another super low hash algo but it would mean junking a ton of gear. the gear is in place the infrastructure is there.
1914  Bitcoin / Bitcoin Technical Support / Re: Is the transfer transaction confirmed within 1 year? on: November 19, 2023, 04:10:10 AM
As Zaguru12 said, it will be dropped by the nodes' mempools. It generally takes 2 weeks to be dropped if the fees don't fall below your fee rate.
There are many mempools, not only one mempool. A waiting transaction can be dropped from one mempool but it can be chosen or not drop by other mempools.

The question is seriously because it asks for chance to get a confirmation after 1 or 2 years and honestly I am not sure all mempools will not drop that transaction if it stuck like 1 or 2 years. Mempools have their max mempool size, mempool expiration time and they can update their min transaction fee too.

Chance to see an unconfirmed transaction is not dropped from mempools after 1 or 2 years is like impossible.

the op can rebroadcast it over and over and it could last a long time.

so a transaction can easy peasy last months. Just do 1 sat and rebroadcast it.
1915  Bitcoin / Bitcoin Technical Support / Re: Uncomfirmed Transaction on: November 18, 2023, 11:48:19 PM
I guess th op got it to clear. Last I looked fees are dropping just a bit.
1916  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins on: November 18, 2023, 11:45:43 PM
First, this isn't all about Bitcoin so you should move the thread where it is appropriate which is the Altcoin Discussion.

As we look forward to the anticipated bullrun come 2024
What I and most are thinking is that the bull run will come by 2025 but 2024 is a great starter of it. Until we see it, that's what finally is for the date of its arrival.

what altcoins are you holding and why do you think they will bring more returns compared to others?
Why should I say what I am holding? I'll just put it this way that I've got a few alts, the top alts but I am not thinking that I'll make more from them than of Bitcoin.

I am still believing that my returns will be greater with Bitcoin.

Why isn't it about Bitcoin's

the title is BTC vs altcoin's

So it is at least 50% BTC and since BTC is more than 50% of the market cap I think 54-56% it is mostly about btc.
1917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2023, 11:41:02 PM
Starship launch happening very soon for those who are interested.

https://www.youtube.com/watch?v=mhJRzQsLZGg

That was one hell of an achievement. If life is a game, getting beyond the great filter is no doubt the hardest thing you could accomplish. Elon Musk is truly a master of this game.

I think this launch will look similar to the Bitcoin price in 2025. Smiley

I thought all the Simping in here for Musk was over but guess you didn't get the memo.


what does simping in here  for Musk mean?

I feel Musk does not get too much attention and praise.

I am not a particular fan of him.
1918  Economy / Economics / Re: Btc vs dollars on: November 18, 2023, 11:39:08 PM
I'd argue everything is superior to Dollars because it has its own use often unique and irreplaceable.  We can be sure Dollars will be replaced, will turn back to the cotton worth they were made out of with no numerical special worth placed on them.

I would argue that dollars are backed with plenty of guns and soldiers that will take orders and if push comes to shove the dollar

would win over any virtual coin if the people with real power want the dollar to win.
1919  Economy / Speculation / Re: Is there still hope for the price of BTC to hit back $69k this year? on: November 18, 2023, 11:28:07 PM
If reach 69k this year - I think it's impossible. But with bitcoin, each subsequent halving cycle will have a bull run. I think there is nothing to worry about this. The upside potential of bitcoin is unlimited, the market dynamics and “internal” strength of bitcoin have since its inception become widespread. Bitcoin is a powerful tool to help the economy overcome the inflationary cycle. I believe the next bull run will see bitcoin 100k - 120k. Just hold bitcoin long enough and be patient

It's not that far off. I think we get close to 48K by years end.  but if you look at dec 2017 we moved bigly

nov 19,2017.  8,300
dec 01, 2017 10,800
dec 16, 2017 19,800

that is 1.8333 x 1 increase  dec 1 to dec 16 we are 36545 so x 1.8333 = 66999

So it is unlikely but could happen.

and 19800/8300 = 2.3855 to 1 or

2.3855 x 36545 = 87,179

so hi end could be in 67k to 87k for this year.

I do not think it will but you don't know
1920  Bitcoin / Bitcoin Technical Support / Re: Raspi 4 for Bitcoin Node: Still Compatible? on: November 18, 2023, 09:59:13 PM
No. The netbooks / laptops have a lot of other things that will cause them to use (nominally) more power.
Circuits to charge / maintain the battery.
Things involved in dealing with the keyboard & screen. Even if you remove the screen there is still more there then just the HDMI output like the RPi.
Not a lot individually but they do add up.
This got me curious, so I measured the power consumption of my coldest laptop. With the battery charged, the display on the lowest brightness setting, Wifi on and the CPU and SSD idling on the (Linux) desktop, I unplugged it. The house's electricity meter dropped 4W. That's as accurate as I can measure it, it could be 10-20% off of course, but I'd say it's quite impressive.
Here's another rule of thumb: with laptops, divide the battery capacity (in Wh) by the number of hours it's said to run on battery. The first new Lenovo laptop I checked, has a 47 Wh battery and lasts up to 10 hours (MM18) or up to 15 hours playing video. With those specs, it should be able to run a Bitcoin node on less than 5W.

Remember there is a loss when converting from AC to DC. And there are losses when the AC adapter is just sitting there plugged in not doing anything.

You would also have the same losses with having the adapter for the RPi plugged in.

At the pennies or nickles a day to run a node it's probably not worth worrying about.

-Dave



All this is why I have been doing laptops recently  first choice.
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