JayJuanGee
Legendary
 Offline
Activity: 3710
Merit: 10249
Self-Custody is a right. Say no to"Non-custodial"
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May 21, 2017, 12:09:17 PM |
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Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
about $4k would be safer.. .. $2400 might be possible too... but depends on whether we get there in 2 weeks or in 2 days? If we get to $2400 in 2 days, then maybe it would be safe to short at that point? I would not do it, but I am too chicken shit, so far, to short bitcoin. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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May 21, 2017, 12:18:02 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.
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K~Ehleyr
Sr. Member
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Activity: 434
Merit: 250
Ooh, shiny things!!
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May 21, 2017, 12:21:23 PM |
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Maybe that's why the price of bitcoin is going up - so that people can afford the fees!  |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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May 21, 2017, 12:26:32 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.
Yes, and exactly this was promised a year ago at least. |
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bartolo
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May 21, 2017, 12:26:52 PM |
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The question is that bitcoin is not the only coin that is rising, the main altcoins are having huge rises as well, it seems as if it was the big party of the cryptocoin and nobody would want to miss their piece of cake. This doesn´t seem to be a momentary hype but something that has come to stay. And this taking into account that there is still a way to go in terms of adopting bitcoin and solving its scalability problems.
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CoinCube
Legendary
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Activity: 1946
Merit: 1055
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May 21, 2017, 12:33:00 PM
Last edit: May 23, 2017, 05:39:28 PM by CoinCube |
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Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
Shorting bitcoin is kind of like choosing to play russian roulette. Sure it is possible to "win" but is it really that good of an idea to play at all. |
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 21, 2017, 12:55:18 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Wallet software fail probably. First block inclusion is at around 1.2$ right now. https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis. |
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mOgliE
Legendary
Offline
Activity: 1344
Merit: 1251
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May 21, 2017, 12:58:10 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Wallet software fail probably. First block inclusion is at around 1.2$ right now. https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis. I got the same problem with my electrum wallet... I had to put 2mbtc of fee to have the software let me process the transaction. It's a bit absurd to pay about 4$ of fees everytime you want to make a transaction >< |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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May 21, 2017, 12:59:51 PM |
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Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
catched.  |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10249
Self-Custody is a right. Say no to"Non-custodial"
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May 21, 2017, 01:00:51 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.
Yes, and exactly this was promised a year ago at least. Get out of here with your bullshit promise assertion. bitcoin is decentralized.. who the fuck is going to promise? |
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tk3609
Member
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Activity: 70
Merit: 10
Small trader
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May 21, 2017, 01:01:28 PM |
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China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?
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mOgliE
Legendary
Offline
Activity: 1344
Merit: 1251
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May 21, 2017, 01:02:22 PM |
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Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
Slightly too late. There is a beautiful correction starting right now. I'd say we'll pass the 2k then it's time to long again. The rise won't be stopped |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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May 21, 2017, 01:06:50 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Wallet software fail probably. First block inclusion is at around 1.2$ right now. https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis. Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools so maybe that could make a difference, but nonetheless this is the current reality. |
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becoin
Legendary
Offline
Activity: 3431
Merit: 1233
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May 21, 2017, 01:07:03 PM |
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Who sold at the bottom?
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JakaE
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May 21, 2017, 01:10:36 PM |
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Bottom? CRYPTO OFFICIALLY = DEAD
You should listen to prophet kwukduck more
Edit: Oh wait, nvm
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 21, 2017, 01:10:36 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Wallet software fail probably. First block inclusion is at around 1.2$ right now. https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis. Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools to maybe that could make a difference, but nonetheless this is the current reality. It was probably oversized tx in terms of bytes (like 2-3 inputs) so the fee per byte was lower (hence lower priority). |
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Torque
Legendary
Offline
Activity: 3556
Merit: 5041
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May 21, 2017, 01:13:31 PM |
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Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
Short that ETH shitcoin instead.. |
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mOgliE
Legendary
Offline
Activity: 1344
Merit: 1251
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May 21, 2017, 01:16:11 PM |
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China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?
Sold my btc when I saw that. Don't know what's happening and don't care. But this shit is really too messy I'm half out  Anyway if it's really like the moon half btc will be enough to get a retirement, and if it's dumping too hard I'm buying back at 1900 |
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Nagadota
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May 21, 2017, 01:16:48 PM |
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Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Wallet software fail probably. First block inclusion is at around 1.2$ right now. https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis. Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools to maybe that could make a difference, but nonetheless this is the current reality. It was probably oversized tx in terms of bytes (like 2-3 inputs) so the fee per byte was lower (hence lower priority). True. It's not much to do with what fees you pay in total but what fees you pay per byte. Still, it's not like everyone can expect to be paying the same amount they receive all the time. Imagine a future reality in which you can choose to deal in Bitcoin for most things - what would happen to people like convenience store merchants who accept a lot of small payments? They'd have to exchange their Bitcoin to fiat all the time. |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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May 21, 2017, 01:17:14 PM |
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China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?
Sold my btc when I saw that. Don't know what's happening and don't care. But this shit is really too messy I'm half out Anyway if it's really like the moon half btc will be enough to get a retirement, and if it's dumping too hard I'm buying back at 1900 What's the point of paying any attention to China? They, like, totally so not hot right now. |
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