spooderman
Legendary
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Activity: 1652
Merit: 1029
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May 18, 2017, 10:47:51 PM |
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1945 on finex.
the war is over boys! (the second world war that is).
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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May 18, 2017, 10:55:44 PM |
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Waiting the friday PURGE ...
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nanobtc
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May 18, 2017, 10:56:15 PM |
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It's awfully quiet in here.
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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May 18, 2017, 11:00:15 PM |
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OMG!
I just sent $18,195.29 and it cost me $11.13 in transaction fees.
well... that's what you gotta pay I guess. Still, 0.06% ? (unless i missed a point) is cheap.
Bitcoin Stats Summary of bitcoin statistics for the previous 24 hour period. MINING COST Total Miners Revenue (USD) $3,988,421.96 % Earned From Transaction Fees 18.16% Yeah this isn't high at all! One day it will be 100% % Of Transaction Volume 0.59% Cost per Transaction (USD) $14.15 https://blockchain.info/stats
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JayJuanGee
Legendary
Online
Activity: 3850
Merit: 10846
Self-Custody is a right. Say no to"Non-custodial"
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May 18, 2017, 11:03:16 PM |
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Regarding TX fees, is it really such a huge problem? It's barely used as a currency as of now.
There are scaling solutions obviously so in the future, it's not a worry.
I don't think we should completely poo poo transaction fees (or transaction times) - however, part of the problem of these various big blocker whiners who are constantly complaining about bitcoin being broken is that they are trying to ascribe some kinds of micropayment expectations to bitcoin and to suggest that bitcoin is broken if it cannot achieve these kinds of use cases in an expedited way and to compete with credit card companies, etc. The claims of these various big blocker nutjobs are a bit ridiculous because they constantly whine and exaggerate these kinds of matters to suggest that bitcoin is broken, defective deficient and maybe want to pump some stupid-ass alt coin while failing and refusing to recognize bitcoin for its variety of current and amazing values and the likelihood that a lot of these kinds of future use case propositions regarding bitcoin to be worked out in the coming years and seeming that some of these will be more practical as second layer solutions.. and we are seeing these kinds of second layer solutions to be developed and evolve and likely not going to take away from the various value propositions that bitcoin already currently has as a secure decentralized and immutable way to store and transmit value that is beyond what the world has ever seen before. So, yeah, we have some growing pains in regards to fees and in regards to transaction times, but these are not likely taking away from bitcoin's various fundamental values that currently also seem to be recognized by the market with the ongoing and persistent upward price pressures.
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 12:06:56 AM |
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FUCK YEAH !
$1,900 USD/BTC !
WEW LADS !!!!
Soon.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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May 19, 2017, 12:23:50 AM |
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Back into ATH territories ... raging bull market continues after a relatively shallow correction on the medium term perspective. A rapid rise to $2000 seems like the next upside target ...
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 12:24:11 AM |
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FUCK YEAH !
$1,900 USD/BTC !
WEW LADS !!!!
Soon. And here we go!
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 12:28:58 AM |
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Back into ATH territories ... raging bull market continues after a relatively shallow correction on the medium term perspective. A rapid rise to $2000 seems like the next upside target ... Not too hard... 948 BTC to $2040 at Bitstamp Edit: 855 now... and Ripple on the verge of breaking support for a big dump
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arklan
Legendary
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Activity: 1778
Merit: 1008
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May 19, 2017, 12:35:56 AM |
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1907 and climbing on stamp. yea... this is going into crazy bubble territory.
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 12:39:48 AM |
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1907 and climbing on stamp. yea... this is going into crazy bubble territory.
Not yet... It will be when we rise a couple hundreds in minutes... until then it's just healthy organic grow I am not sure if I am making more money on my BTC or on my XRP short I opened yesterday.... Nah, more on BTC as I have much more than the play money I gambled against XRP... but this is gentleman anyways
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EatonABooger
Member
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Activity: 151
Merit: 36
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May 19, 2017, 12:40:04 AM |
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stop saying the "B" word....
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VC George
Sr. Member
Offline
Activity: 325
Merit: 250
Carpe noctem
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May 19, 2017, 12:44:25 AM |
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1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).
Ps: I really hate paying 3$ fees when I want to send just 1$
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 12:46:27 AM |
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1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).
Ps: I really hate paying 3$ fees when I want to send just 1$
Are you aware that a $100 rise at this heights it's only a 5% increase in price? Were you around in 2013 when price had swings of around 30% in minutes? Just saying.... Just out of curiosity... what do you use Bitcoin for when you do send $1?
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Biro Bob
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May 19, 2017, 12:53:43 AM |
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$1900+ at Stamp! This is Gentlemen!
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VC George
Sr. Member
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Activity: 325
Merit: 250
Carpe noctem
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May 19, 2017, 12:57:06 AM |
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1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).
Ps: I really hate paying 3$ fees when I want to send just 1$
Are you aware that a $100 rise at this heights it's only a 5% increase in price? Were you around in 2013 when price had swings of around 30% in minutes? Just saying.... I wasn't lucky enough to be around at 2013 and certainly if I saw 30% ups & downs I would freak out I got to know Bitcoin at November 2015 when it was around 260$ and tried to follow the whole situation up until December 2016, after that point I've been hoping we're going to get back to the 840$ mark (where miners start to profit) somehow like it happened with the first bubble when we landed just bellow the last miners profit mark (420$).
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European Central Bank
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Activity: 1288
Merit: 1087
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May 19, 2017, 12:58:34 AM |
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I wasn't lucky enough to be around at 2013 and certainly if I saw 30% ups & downs I would freak out don't count on those percentages not coming back some day. it's pretty steady right now but who knows what the market has planned for us?
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lightfoot
Legendary
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Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
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May 19, 2017, 01:10:13 AM |
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1900? HOLY FUCKING CRAP!
Ah yes, this is a nice feeling. When and where is the party?
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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May 19, 2017, 01:13:07 AM |
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1900? HOLY FUCKING CRAP!
Ah yes, this is a nice feeling. When and where is the party?
Oh yeah, almost forgot.... when is the $1000 party?
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deepcolderwallet
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May 19, 2017, 01:14:21 AM |
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Another fine good morning Bitcoinland.
We had another "correction" back down under $1800 and another small leg up... currently $1869USD/$2540CAD (Bitcoinaverage).
It's been exactly a week since our last ATH. It's about time for another.
Go Bitcoin go.
Jimbo, the Bitcoin Prophet!
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