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

[becoin]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This tx has such a low fee that it is basically treated as tx spam and deserves to never be confirmed. What wallet are you using?

[VC George]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This tx has such a low fee that it is basically treated as tx spam and deserves to never be confirmed. What wallet are you using?

It's just a regular payment from Purse.io and was sent to blockchain.info
Since this never happened before (I've cashed out more than 95BTC from them) I'll just bash them if it doesn't get confirmed and they
will send another one or something. G night and ty for all the answers                                          

[JayJuanGee]

[edited out]

.......The $66 value, or whatev, has absolutely zero impact on the priority of a transaction, JJG might be surprised to hear.

[/quote]

Why do you seem to feel some kind of insecurity in that you want to try to battle with me regarding some point that I did not make?

For your edumacation, BMBG, that's referred to as a strawman argument, which by definition is a creature of your own creation.

I would like to point out, however, that frequently folks raise the issue of transaction amount and fee amount in the same sentence in order to clarify the current fee situation within bitcoin in which, as you pointed out BMBG, largely the fee amounts are not synchronized with the transaction amount - and so a transaction will receive a very similar levels of priority in processing based on the pure fee amount (which could be anywhere between $.02 and $.20), yet the value of of the transaction could be $66 or $66,000 .. yet people still like to disclose the value of the transaction in order to consider the value of the bitcoin network and to compare fees that may exist in mainstream fiat institutions or some kinds of attempts to electronically transmit value outside of mainstream fiat institutions.

[JayJuanGee]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This tx has such a low fee that it is basically treated as tx spam and deserves to never be confirmed. What wallet are you using?

That's a bit harsh to suggest that "no fee" transactions should "never" be confirmed.  Maybe sometime in the future bitcoin will evolve to such a state in which no fee transactions are not confirmed, yet at this point, that seems to be a long way into the future.

[Killerpotleaf]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This tx has such a low fee that it is basically treated as tx spam and deserves to never be confirmed. What wallet are you using?

That's a bit harsh to suggest that "no fee" transactions should "never" be confirmed.  Maybe sometime in the future bitcoin will evolve to such a state in which no fee transactions are not confirmed, yet at this point, that seems to be a long way into the future.

i wonder when was the last 0fee TX that was confirmed ( and not generated by the miner himself )
anyway...
1cent isn't half bad for 226 bytes...
considering 5cents for 226 bytes TX is high priority  1 cents doesn't  "deserves to never be confirmed"

[beastmodeBiscuitGravy]

.......The $66 value, or whatev, has absolutely zero impact on the priority of a transaction, JJG might be surprised to hear.

Why do you seem to feel some kind of insecurity in that you want to try to battle with me regarding some point that I did not make?

For your edumacation, BMBG, that's referred to as a strawman argument, which by definition is a creature of your own creation.

I would like to point out, however, that frequently folks raise the issue of transaction amount and fee amount in the same sentence in order to clarify the current fee situation within bitcoin in which, as you pointed out BMBG, largely the fee amounts are not synchronized with the transaction amount - and so a transaction will receive a very similar levels of priority in processing based on the pure fee amount (which could be anywhere between $.02 and $.20), yet the value of of the transaction could be $66 or $66,000 .. yet people still like to disclose the value of the transaction in order to consider the value of the bitcoin network and to compare fees that may exist in mainstream fiat institutions or some kinds of attempts to electronically transmit value outside of mainstream fiat institutions.

Go home JJG, ur drunk.

https://bitcointalk.org/index.php?topic=994.msg12168#msg12168

[luckygenough56]

Nice cup and handle

800 soon

[pennywise]

Hmmmm
This really looks like it. May your words be true!
https://snag.gy/Idl7Vz.jpg

[Hunyadi]

It's pretty quiet nowadays...

[criptix]

Buttcoin is dead. Long live <insert shitcoin you want to hype here>.

[JayJuanGee]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This tx has such a low fee that it is basically treated as tx spam and deserves to never be confirmed. What wallet are you using?

That's a bit harsh to suggest that "no fee" transactions should "never" be confirmed.  Maybe sometime in the future bitcoin will evolve to such a state in which no fee transactions are not confirmed, yet at this point, that seems to be a long way into the future.

i wonder when was the last 0fee TX that was confirmed ( and not generated by the miner himself )
anyway...
1cent isn't half bad for 226 bytes...
considering 5cents for 226 bytes TX is high priority  1 cents doesn't  "deserves to never be confirmed"

My understanding is that zero fee transactions are confirmed on a daily basis.  Those transactions just have the lowest priority - You could even perform a test of this, and I am pretty sure that these days your zero fee transaction has a decent chance of going through within 24 hours. I have done such test zero fee transactions myself, but I must admit that it has been several months since I last sent a zero fee transaction...

[JayJuanGee]

.......The $66 value, or whatev, has absolutely zero impact on the priority of a transaction, JJG might be surprised to hear.

Why do you seem to feel some kind of insecurity in that you want to try to battle with me regarding some point that I did not make?

For your edumacation, BMBG, that's referred to as a strawman argument, which by definition is a creature of your own creation.

I would like to point out, however, that frequently folks raise the issue of transaction amount and fee amount in the same sentence in order to clarify the current fee situation within bitcoin in which, as you pointed out BMBG, largely the fee amounts are not synchronized with the transaction amount - and so a transaction will receive a very similar levels of priority in processing based on the pure fee amount (which could be anywhere between $.02 and $.20), yet the value of of the transaction could be $66 or $66,000 .. yet people still like to disclose the value of the transaction in order to consider the value of the bitcoin network and to compare fees that may exist in mainstream fiat institutions or some kinds of attempts to electronically transmit value outside of mainstream fiat institutions.

Go home JJG, ur drunk.

https://bitcointalk.org/index.php?topic=994.msg12168#msg12168

Thanks for your historical reference and your attempt at an appeal to authority, yet what does your linked reference have to do with my discussion of the matter and various points that I made?   

Like I suggested before, you seem to be a bit deluded and you do not seem to be tawking in dee engwish... Can you splain a bit regarding what you are talking about and how it relates to any of my recent posts?

[podyx]

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/1h

Does anybody have a clue why quaterly futures just fucking jumped for no reason?? I was interested in putting longs in around $605.

[criptix]

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/1h

Does anybody have a clue why quaterly futures just fucking jumped for no reason?? I was interested in putting longs in around $605.

Chinese overlords are ready for many green dildos... :3

[r0ach]

Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

This is how you Bitcoin:
(I had to make this picture for MatTheMat)

[aamarket]

I wanted to suggest that one, It was hidden in my notes
https://bitcoinfees.21.co/

[savetherainforest]

This is just unpleasing... and the silence is unbearable!



*Edit: ... Look! Look! .. stuff is happening!!..


*Edit2: ... Nope!... too slow... nothing special..

[luckygenough56]

you all ded ?

[European Central Bank]

i'm alive and kicking. everyone is poised with their rocket or train crash gifs ready to unleash if there's a direction on the horizon. maybe they're gonna have a long wait.

[savetherainforest]

you all ded ?

everyone is "ded!" ... (check out later... most of them are sleeping now... its night in their timezones & stuff)