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Fatman3001
Legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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February 29, 2016, 10:57:34 AM |
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We need more moon pictures.  No can do. They're rationing fuel. Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block? It doesn't matter if blocks are full, because they are full of practically zero cost txs, in terms of fees. What matters is whether a user can transact - and this is definitely the case, if a user includes a fee like 0.01$ (longer confirmation times) to 0.03 0.05$ (very short confirmation times). Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15? Spam? Dust? Or people desperately trying to move coins to make a trade? |
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ChartBuddy
Legendary
 Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 29, 2016, 11:00:42 AM |
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8up
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February 29, 2016, 11:01:54 AM |
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mOgliE
Legendary
Activity: 1344
Merit: 1251
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February 29, 2016, 11:29:06 AM |
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Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block? It doesn't matter if blocks are full, because they are full of practically zero cost txs, in terms of fees. What matters is whether a user can transact - and this is definitely the case, if a user includes a fee like 0.01$ (longer confirmation times) to 0.03 0.05$ (very short confirmation times). Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15? Spam? Dust? Or people desperately trying to move coins to make a trade? Yeah I was doing exactly like this before. Now I no longer trade and just try to make guesses without actually trading. Too much desperate illogical stupid moves to win 1$... |
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Dotto
Legendary
Activity: 981
Merit: 1005
No maps for these territories
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February 29, 2016, 11:41:18 AM |
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Decent price swings in lame volume... theories?
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 29, 2016, 12:00:40 PM |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14400
Self-Custody is a right. Say no to "non-custodial"
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February 29, 2016, 12:11:12 PM |
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Decent price swings in lame volume... theories?
Yes, volume is lame, and that shows us that there is no real battle going on.. and the price is being moved around with a relatively low amount of capital. It is not unique to me to believe that with low volume and lacking in value, it remains fairly easier to push down rather than up.. but we have largely been getting the opposite upwardly price movements. More justification to prepare for both ways... . and we will see if at some point, whether up or down, we are going to witness a change of volume in order to assure us that an actual price battle has been engaged. |
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gizmoh
Legendary
Activity: 1428
Merit: 1000
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February 29, 2016, 12:19:08 PM |
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Decent price swings in lame volume... theories?
China Pumps, China Dumps... |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14400
Self-Custody is a right. Say no to "non-custodial"
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February 29, 2016, 12:27:48 PM |
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Decent price swings in lame volume... theories?
China Pumps, China Dumps... Yeah, but overall, China doesn't drive the price swings in bitcoin. I thought that we already realized that. Yes, of course, China is a factor, but they are not the overall price driver. |
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 29, 2016, 01:00:41 PM |
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bargainbin
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February 29, 2016, 01:02:25 PM |
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 Good morning, fellow scions of the Great Scrooge McDuck fortune! |
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Fatman3001
Legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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February 29, 2016, 01:15:18 PM |
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Can't move coins to pump.
Can't move coins to dump.
Can't use the frecker.
Bullish?
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mOgliE
Legendary
Activity: 1344
Merit: 1251
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February 29, 2016, 01:43:47 PM |
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Can't move coins to pump.
Can't move coins to dump.
Can't use the frecker.
Bullish?
Going to touch the 450$ Bearish. It not gonna be broken so easily. |
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 29, 2016, 02:00:42 PM |
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bitcoinboy12
Sr. Member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 29, 2016, 02:17:10 PM |
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Once it hits $450 there'll be bunch of Sell Orders so I converted mine to ETH for now. I might be wrong but it's 50/50 so I'll take my chances  |
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craked5
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February 29, 2016, 02:23:40 PM |
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Once it hits $450 there'll be bunch of Sell Orders so I converted mine to ETH for now. I might be wrong but it's 50/50 so I'll take my chances Funny when you expect a drop you transform it into ETH? Why? Most people convert it into fiat when they expect a drop or they feel less safe, do you consider ETH as more reliable than fiat? |
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AlexGR
Legendary
Activity: 1708
Merit: 1049
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February 29, 2016, 02:29:25 PM |
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Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15?
Spam? Dust? Or people desperately trying to move coins to make a trade?
Why isn't there a fee spike then? Are those "desperate" people to "make a trade" lacking 2-3-4 cents? Would it be a big impact to their wallet to pay such a small fee if they are going to make so much money from a good trade? |
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craked5
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February 29, 2016, 02:41:04 PM |
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Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15?
Spam? Dust? Or people desperately trying to move coins to make a trade?
Why isn't there a fee spike then? Are those "desperate" people to "make a trade" lacking 2-3-4 cents? Would it be a big impact to their wallet to pay such a small fee if they are going to make so much money from a good trade? Maybe they're not responsible for it. For example when you withdraw money of a plateform you have no choice on the fee! |
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