Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[savetherainforest]

My prediction still stands for the next 24-48 hours to be:  ~750$ with a +/-15$ standard deviation error per each BTCitcoin!

[1715215835]

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[1715215835]

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[nioc]

Not everytime just when I have an issue.  The fee was 60 satoshi per byte and at ~500 bytes that is $.20

Where do my expectaions come from?  from the block explorer:  Estimated Confirmation Time    Very Soon (High Priority)

And as I said the site Alex likes to quote: 0-1 blocks

Now waiting for 6 blocks

I just want somebody to turn btc off and then on again as this is the recommended fix for computer stuff.

I just did a manual add of all the unconfirmed txs displayed on

https://bitcoinfees.21.co/

from 51 satoshi and upwards. They were like 1456 txs at the time I did the sum with the calculator. So it shouldn't be an issue at 60 satoshi.

Are you sure there isn't something else going on, like more size, miscalculated fees etc?

The "high priority" / "very soon" of blockchain.info is almost standard response - next to useless.

Thanks for your response.

Size    502 (bytes)
Fees    0.0003 BTC

This was a transaction to me from a 3rd party.

Still unconfirmed after 23 blocks one of which was orphaned.  All of those blocks were "full".

Edit:  I see that all of their transactions with a size of 255 and 256 bytes are confirmed while those of 502 bytes have not.  502 bytes does not seem so large as to cause a problem.  I have emailed them and wait.

[dumbfbrankings]

its really to bad block limit wasn't bumped up... 2MB 3 months ago would of been plenty.

Segwit in April did fucking bump the blocksize to 2MB.

Gah, when are you people going to understand that Bitcoin wasn't made for your spam coffee transactions! Pay up suckas, rasp pi nodes with 128GB sd cards on LJR dialup need protection from the likes of yous.


https://www.reddit.com/r/Bitcoin/comments/4snk48/roger_ver_and_his_supporters_are_pushing_policies/d5az57z

[savetherainforest]

its really to bad block limit wasn't bumped up... 2MB 3 months ago would of been plenty.

Segwit in April did fucking bump the blocksize to 2MB.

Gah, when are you people going to understand that Bitcoin wasn't made for your spam coffee transactions! Pay up suckas, rasp pi nodes with 128GB sd cards on LJR dialup need protection from the likes of yous.


https://www.reddit.com/r/Bitcoin/comments/4snk48/roger_ver_and_his_supporters_are_pushing_policies/d5az57z

Please stop spamming this stuff... the reality is that people are lazy and they don't want to f'ing participate in the whole process... There are too many sheepels that want to buy their mojito with the phone but they don't care about the infrastructure! They just complain! ... They just need to understand that they could at least throw some processing power with their personal computer from home and let it run for a few hours and with shut down programming if they don't like sharing more than what they need to do their transaction on their stupid coffee shop...

People are too deep inside the trench of consumerism to even care to share in the participation process. Too much greedy assholes!  


*Edit: You could rather encourage people to invest more in the infrastructure... better computers... better internet.. and to f'ing share some of the processing power! They can make their computer run 10-20% of their processing power while sitting on f'ing Facebook or even this forum trolling the shills out of existence! People are just greedy! For now at least...

[rjclarke2000]

Who will grow faster? BTC or Mark? 

This comment is good. This has to be pointed out. Thumbs up

[rjclarke2000]

I have a good feeling we are going to see $33,333 soon. 777? Pah.....

[MayorMccheese]

I have a good feeling we are going to see $33,333 soon. 777? Pah.....

Unhinged by grief...
Daily exchange volume: $90,606,600. Does anyone remember lower?

[BlindMayorBitcorn]

I have a good feeling we are going to see $33,333 soon. 777? Pah.....

Unhinged by grief...
Daily exchange volume: $90,606,600. Does anyone remember lower?

I thought we made an executive decision to talk about something more productive?
Topic idea: Transhumanism and you. Discuss.

[JayJuanGee]

Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

In Two Weeks^TM
This public service announcement has been brought to you by Legacy Finance System, your friendly local bankster shills, and the letter $.

    That's hillarious lambie 729.. even coming from a banker shiller troller like yourselfer.  

Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

Estimate by this oft quoted website https://bitcoinfees.21.co/  0-1   blocks

Somebody please turn btc off and then on again.


This post should please JJG

Why would I be pleased?

It seems that every time you engage in some kind of BTC transaction, you have some drama, like as if you expect the transaction to go through immediately, but for some reason it takes a bit of time, yet you don't really post specifics, except various assumptions that the transaction is taking too long.

In the past 6 months, I have made about 30 transactions, and mostly, they take between about 15 minutes to an hour to confirm with three confirmations and range between a few hundred dollars and 30BTC.   The fees have generally been under $.10 per transaction.

Maybe your expectations are too high?  Or maybe you are doing something incorrectly?  Even if it takes 4-6 blocks to confirm, so what?  that is still under an hour, no?

Sarcasm.

Not everytime just when I have an issue.  The fee was 60 satoshi per byte and at ~500 bytes that is $.20

Where do my expectaions come from?  from the block explorer:  Estimated Confirmation Time    Very Soon (High Priority)

And as I said the site Alex likes to quote: 0-1 blocks

Now waiting for 6 blocks

I just want somebody to turn btc off and then on again as this is the recommended fix for computer stuff.

Bitcoin is not the same as ETH or some of those other centralized coins (proclaiming to be decentralized)... You cannot turn it off and then on again... Helrow?

[JimboToronto]

  That's hillarious lambie 729.. even coming from a banker shiller troller like yourselfer.  

Sometimes trolls can be quite cute.



 

[dumbfbrankings]

Just use litecoin for your coffee.

Capacity isn't a problem when there are hundreds of competing networks happy to soak up the investment and use that BTC doesn't want...

Cool, 2 da moon! 

(btw, nioc wasn't using it for commerce, he ain't no idiot, he was doing exactly what you're supposed to do with BTC, 1. buying it, then 2. HODLing it. He got held up between 1 and 2.)

[savetherainforest]

  That's hillarious lambie 729.. even coming from a banker shiller troller like yourselfer.  

Sometimes trolls can be quite cute.



 

Say what now???
When I grow up... I'm gonna F! you up guud!!!  




666! For Life!  

[nioc]

Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

In Two Weeks^TM
This public service announcement has been brought to you by Legacy Finance System, your friendly local bankster shills, and the letter $.

    That's hillarious lambie 729.. even coming from a banker shiller troller like yourselfer.  

Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

Estimate by this oft quoted website https://bitcoinfees.21.co/  0-1   blocks

Somebody please turn btc off and then on again.


This post should please JJG

Why would I be pleased?

It seems that every time you engage in some kind of BTC transaction, you have some drama, like as if you expect the transaction to go through immediately, but for some reason it takes a bit of time, yet you don't really post specifics, except various assumptions that the transaction is taking too long.

In the past 6 months, I have made about 30 transactions, and mostly, they take between about 15 minutes to an hour to confirm with three confirmations and range between a few hundred dollars and 30BTC.   The fees have generally been under $.10 per transaction.

Maybe your expectations are too high?  Or maybe you are doing something incorrectly?  Even if it takes 4-6 blocks to confirm, so what?  that is still under an hour, no?

Sarcasm.

Not everytime just when I have an issue.  The fee was 60 satoshi per byte and at ~500 bytes that is $.20

Where do my expectaions come from?  from the block explorer:  Estimated Confirmation Time    Very Soon (High Priority)

And as I said the site Alex likes to quote: 0-1 blocks

Now waiting for 6 blocks

I just want somebody to turn btc off and then on again as this is the recommended fix for computer stuff.

Bitcoin is not the same as ETH or some of those other centralized coins (proclaiming to be decentralized)... You cannot turn it off and then on again... Helrow?

I thought that worked with everything?

I finally received my btc.   I don't know why the miners weren't including the transactions with the size of 502 bytes even with a larger fee.  Total wait time till 1st confirmation was ~4 hrs 15min.

Whew, now I can hodl 

[nioc]

I have a good feeling we are going to see $33,333 soon. 777? Pah.....

Unhinged by grief...
Daily exchange volume: $90,606,600. Does anyone remember lower?

I thought we made an executive decision to talk about something more productive?
Topic idea: Transhumanism and you. Discuss.

I am quite happy with my current form even at this advanced age.

[BlindMayorBitcorn]

^I think I'd like to upload myself into a carbon-breathing life-form at some point. Is that possible?

[yefi]

Who will grow faster? BTC or Mark? 

This comment is good. This has to be pointed out. Thumbs up

Seconded, lol 

[JayJuanGee]

[edited out]

I thought that worked with everything?

I finally received my btc.   I don't know why the miners weren't including the transactions with the size of 502 bytes even with a larger fee.  Total wait time till 1st confirmation was ~4 hrs 15min.

Whew, now I can hodl 

I am getting the sense that one of the problems with your transactions (the ones that you are complaining about) is that you are requesting from some institution that fucks around with it, and probably they are sending many transactions at once and trying to skimp on the fee, or some other shenanigans...

You are not referring to some normal situation, like some blockchain wallet transaction or something more straight forward...  When you get the delayed confirmations, you are referring to aberration situations, that is not really a reflection of bitcoin but instead a reflection of less than par methodologies used by the sending institution.  I recall that I had a similar delay problems whenever I was awaiting payments from one of the earlier signature campaigns that I was partaking in (not my current campaign)... but anyhow, they would send 100 micropayments for only a small fee, and it took like a day to arrive.. ..  If they had increased the fee, just a little bit, then we would have received our payments much quicker... like less than an hour.

but I still say, so fucking what, it is a lot better than traditional banking.

[BlindMayorBitcorn]

I said "rock!". I said "what's the matter with you, rock?"
"Don't you know I need you rock?" Then I ran to the river. It was bleeding, so I ran to the sea.
It was bleeding...

[rjclarke2000]

Does the low volume means no one is spending or buying coins? Also, if the volume is so low why does it not affect the price?

Does this mean people are just hodling?


Just trying to work out the whole low volume thing.

[Andre#]

Does the low volume means no one is spending or buying coins? Also, if the volume is so low why does it not affect the price?

Does this mean people are just hodling?


Just trying to work out the whole low volume thing.

It means not much trading is going on. People are still buying, otherwise the price would drop.