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BTCMILLIONAIRE
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December 21, 2017, 02:43:14 AM |
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I tried to send a loaf of bread using a postage stamp once. The post is officially worse than Blockstream!
Are you serious |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10209
Self-Custody is a right. Say no to"Non-custodial"
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December 21, 2017, 02:43:30 AM |
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I don't know if you guys are superstitious, but the fact that 23k doesn't exist on the poll might just mean that's where it'll land.
Now, if they change the poll so that you can vote for 23k, that means it won't happen.
I say Don't Touch That Dial!
Schroedinger's poll? Now you have me thinking "Schroedinger's Troll". But yes, these fees are getting stupid. Maybe it's time to boost the blocksize...... Yeah... it makes sense to give in to the terrorists.. that will fix everything, right?  |
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Rosewater Foundation
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December 21, 2017, 02:44:44 AM |
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I tried to send a loaf of bread using a postage stamp once. The post is officially worse than Blockstream!
Are you serious Do I look serious? |
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BTCMILLIONAIRE
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December 21, 2017, 02:45:54 AM |
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I tried to send a loaf of bread using a postage stamp once. The post is officially worse than Blockstream!
Are you serious Do I look serious? Dead serious. I don't know if you guys are superstitious, but the fact that 23k doesn't exist on the poll might just mean that's where it'll land.
Now, if they change the poll so that you can vote for 23k, that means it won't happen.
I say Don't Touch That Dial!
Schroedinger's poll? Now you have me thinking "Schroedinger's Troll". But yes, these fees are getting stupid. Maybe it's time to boost the blocksize...... Yeah... it makes sense to give in to the terrorists.. that will fix everything, right? Of course it does. Imagine we all went up and supported ISIS. Humanity would probably cease to exist in a relatively short span of time, which would fix all human problems once and for all. |
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bitserve
Legendary
 Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 21, 2017, 02:48:32 AM |
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I tried to send a loaf of bread using a postage stamp once. The post is officially worse than Blockstream!
It's cheaper though.... Talking about Blockstream.... What is that business doing? I mean, wasn't LN one of their main "products"? What's their excuse considering that Segwit has been active on mainnet for almost half a year now (and planned for years)? I can understand most core developers are volunteers and they have done much more than anyone would expect... but don't business have their own hired team of developers? Have they given any approximate ETA? |
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Rosewater Foundation
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December 21, 2017, 02:49:26 AM |
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Blockstream gave me a retarded baby.
Horrible. Not to mention the fees.  |
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Paashaas
Legendary
Offline
Activity: 3426
Merit: 4344
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December 21, 2017, 02:50:01 AM |
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'Insider trading is a non crime. I think Insider Trading is a non-event. It just makes the markets more efficient" - Roger Ver on CNBC Brian ore Roger's head is going to roll..get youre popcorn ready, the SEC lawyers are getting ready   |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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December 21, 2017, 02:51:51 AM |
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'Insider trading is a non crime. I think Insider Trading is a non-event. It just makes the markets more efficient" - Roger Ver on CNBC Brian ore Roger's head is going to roll..get youre popcorn ready, the SEC lawyers are getting ready Isn't that precisely why he gave up his US citizenship and become a Lilliputian or whatever? |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 21, 2017, 02:52:12 AM |
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Blockstream gave me a retarded baby.
Dad?? *sigh* |
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Rosewater Foundation
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December 21, 2017, 02:53:06 AM |
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'Insider trading is a non crime. I think Insider Trading is a non-event. It just makes the markets more efficient" - Roger Ver on CNBC Brian ore Roger's head is going to roll..get youre popcorn ready, the SEC lawyers are getting ready Isn't that precisely why he gave up his US citizenship and become a Lilliputian or whatever? Nice way to throw Brian Armstrong under the bus. I hope it crushes his legs. And sinks his seastead. |
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LewisPirenne
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December 21, 2017, 02:59:24 AM |
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A $7500.00 USD transaction, and you're gonna call it spam? Aye carumba! Perhaps "Pricing Gouging" by self-interested and profit-maximizing mining cartel would be more appropriate than "spam". Heck, if there is a "profit-sharing" agreement among the cartel and they control most of hashrate on the network, it is probably the only rational thing to do. Since govt and banksters are going to do this in future anyway, having a whale "stress testing" the system using their own fund might even be considered as altruistic. Since they are already being "altruistic" by offering unlimited capacity and no fee network for people to use, all courtesy of hodlers and miners. So if one day some govt decides to send continuous batches of 1 million dollar tx over the network, we should just thank them for "adding value" to the network and live test the fee market. |
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BTCMILLIONAIRE
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December 21, 2017, 02:59:27 AM |
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'Insider trading is a non crime. I think Insider Trading is a non-event. It just makes the markets more efficient" - Roger Ver on CNBC Brian ore Roger's head is going to roll..get youre popcorn ready, the SEC lawyers are getting ready Is that an actual quote? (Not that I'd be surprised) |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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December 21, 2017, 03:00:33 AM |
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Nice way to throw Brian Armstrong under the bus. I hope it crushes his legs. And sinks his seastead.
Lots of people like this have made their fortunes in a vacuum of utter lawlessness. It's going to be interesting to see what happens as they enter the leagues where your card can be heavily marked by people watching you. Stuff no crypto person gives a second thought to would be enough to make a conventional trader or fatcat start whimpering at the legal repercussions. I presume they're paying for some decent advice but I'm not so sure. |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 21, 2017, 03:05:19 AM |
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Nice way to throw Brian Armstrong under the bus. I hope it crushes his legs. And sinks his seastead.
Lots of people like this have made their fortunes in a vacuum of utter lawlessness. It's going to be interesting to see what happens as they enter the leagues where your card can be heavily marked by people watching you. Stuff no crypto person gives a second thought to would be enough to make a conventional trader or fatcat start whimpering at the legal repercussions. I presume they're paying for some decent advice but I'm not so sure. I look forward to the footage of the Navy Seals rappelling down onto the seastead. Or maybe just an F18 airstrike. |
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BTCMILLIONAIRE
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December 21, 2017, 03:06:06 AM |
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Nice way to throw Brian Armstrong under the bus. I hope it crushes his legs. And sinks his seastead.
Lots of people like this have made their fortunes in a vacuum of utter lawlessness. It's going to be interesting to see what happens as they enter the leagues where your card can be heavily marked by people watching you. Stuff no crypto person gives a second thought to would be enough to make a conventional trader or fatcat start whimpering at the legal repercussions. I presume they're paying for some decent advice but I'm not so sure. If they actually are, then legislation is even more fucked than I'd ever though. They seem to be treading on very thin ice with BCash. |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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December 21, 2017, 03:09:34 AM |
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I look forward to the footage of the Navy Seals rappelling down onto the seastead. Or maybe just an F18 airstrike.
It's going to take a while by which point it will play out precisely like this - http://www.youtube.com/watch?v=KZX1YCmzHEw&t=2m4s |
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fabiorem
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December 21, 2017, 03:16:10 AM |
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BLOCKSIZE BLOCKSIZE BLOCKSIZE!!! FEES FEES FEES Didnt Segwit already increased the blocksize to 2mb? |
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 7986
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December 21, 2017, 03:20:34 AM |
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870 sat/byte for next-block service according to https://bitcoinfees.earn.com/For the average 500-byte transaction, that's $100 CAD. I actually tried to move coins yesterday. I paid a $40 fee, but then the mempool swelled further, making my offered fee rate unattractive. I waited a few hours without success, and then paid btc.com $300 to accelerate the transaction. It confirmed 2 blocks later. Look who's back. Just go away Let me get this straight first. The average fee was $100 CAD (whatever that is), but he decided to pay $40. Then got impatient and decided to pay another $300. Right now, the fee-rate for next-block service works out to $100 CAD for a 500-byte TX. Yesterday, the fee-rate for next-block service at the time when I made my transaction was $40, which I paid. The mempool then swelled further like I said, making my offered fee rate unattractive. I later chose to use an accelerator service (and pay $300) to get it to confirm quickly, which it did. These are the bcash thought-leaders.
Yes, even I cannot peer into the future to predict whether the fee rate will rise or fall after I send my transaction. Sure you can. Just ask your BCash is Bitcoin friends  = higher fees |
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Poll
