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

[arklan]

Fees don't rise.
They are variable ... you MUST survey the mempool to emit at low fees, it's all.

Real fees are calculate from :
- number of transactions in your emitter address
- age of your previous transactions in the emitter address
- mempool staturation

https://www.statoshi.info/dashboard/db/memory-pool
https://tradeblock.com/bitcoin

Interesting but neither link provides any idea of what sort of fees I should aiming.  I have adjusted my wallet to pay 0.0002 per KB and nothing..  In a few hours I will try 0.0003..

ya know what would help here? more block space.

seriously though - .0003 is about 46 cents at stamp prices. that's kinda insane, as a per kilobyte fee. makes me a bit sick.

[Meuh6879]

THIS is not a thread for the fees over the Bitcoin network.

https://bitcointalk.org/index.php?topic=1902080.msg18896524#msg18896524

[JimboToronto]

Good morning Bitcoinland.

I see the battle for $1600 rages on... currently $1607USD (Bitcoinaverage).

It's in day 5 now. Consolidation's fine and all but I think we've already made the point that we're not in a bubble.

Enough's enough. It's time to move on up again.

We first need to hit parity with the 400oz gold bars

I'd be happy with parity with kilograms of gold.  

[RayX12]

THIS is not a thread for the fees over the Bitcoin network.

https://bitcointalk.org/index.php?topic=1902080.msg18896524#msg18896524

You are right, BUT that thread is locked!

[Karartma1]

Good morning Bitcoinland.

I see the battle for $1600 rages on... currently $1607USD (Bitcoinaverage).

It's in day 5 now. Consolidation's fine and all but I think we've already made the point that we're not in a bubble.

Enough's enough. It's time to move on up again.

We first need to hit parity with the 400oz gold bars

I'd be happy with parity with kilograms of gold.  

Never enough huh? 
We had the one dollar parity, the euro parity, the gbp parity, the silver price per gram parity, per oz, the same for gold but we crave for more.

[Meuh6879]

You see, at the end, Bitcoin buy all values ... and stop at 21 000 000 BTC.

And it's good.
I like "finished values" for a monetary system.

[JimboToronto]

We first need to hit parity with the 400oz gold bars

I'd be happy with parity with kilograms of gold.  

Never enough huh? 
We had the one dollar parity, the euro parity, the gbp parity, the silver price per gram parity, per oz, the same for gold but we crave for more.

LOL I thought I was being conservative. I was happy with a mere $40k per coin.

AlexGR was looking for almost half a million bucks per coin. I guess he's one of those people who thinks 21 coins will make you rich some day.

I figure you'll need a couple of hundred. 

[york780]

Lol xrp n2 on coinmarketcap. Eth is getting rekt lol. Whale battle of the second place ^^. Meanwhile btc keeps going up and doesnt give a f**k

[Torque]

N00bs chasing altcoin riches be like:

[york780]

N00bs chasing altcoin riches be like:

I dont want to be a part of alts like bankster coin or infinite ICO fuel coin. Btc has everything I want from a crypto. Scale it and it has godmode.

[bitcoinvest]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

[RayX12]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

[JimboToronto]

Withe the current fee fiasco I suspect we are going down.

Current? The "fee fiasco" is many months old. Meanwhile the price of Bitcoin keeps rising.

I see no reason for it to stop now.

[RayX12]

Withe the current fee fiasco I suspect we are going down.

Current? The "fee fiasco" is many months old. Meanwhile the price of Bitcoin keeps rising.

I see no reason for it to stop now.

I never had problems in the past until the last two days.  Fees have shut up through the roof!
It looks like my wallet generates transactions at an average of 600 bytes x 0.0000022 btc/byte (https://bitcoinfees.21.co/) = 0.0013 btc * 1580 = $2 per transaction  wtf??
A small transaction of 0.25 BTC used 230 bytes x 0.0000022 x 1580 = $0.79   

[podyx]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

[york780]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Sry guys But I never had any problem sending BTC.
It always confirmed within time, it doesnt matter if I sended 1 btc or 10.
Just dont use stupid cam exchanges and btc is the best payment system ever created.

Haters just dont understand the magic.
DONT USE EXCHANGES ANYMORE, ITS OUTDATED.

That was just a secret message for some newbs that still dont understand btc.

[bitserve]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

[RayX12]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

No particular source... I am just an average user that is having huge problems getting the BTC transferred from a wallet to an exchange.  That is a fiasco, and from what I have read many other people have the same problem.

[bitserve]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

No particular source... I am just an average user that is having huge problems getting the BTC transferred from a wallet to an exchange.  That is a fiasco, and from what I have read many other people have the same problem.

Ok, I thought you were refering to something new.

Also I wouldn't consider it a "fiasco". I mean, are you sure the problem isn't in the exchange end?

Have you checked the transaction in blockchain explorer to see if it is already confirmed but the exchange is not acknowledging it?

Did the transaction include a proper fee? Unless you set it up manually, it should be ok though.

Anyways, yes, Bitcoin needs to solve the scaling problem asap. But that is already "discounted" in current price. Once that get solved expect the price to skyrocket.

[RayX12]

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

No particular source... I am just an average user that is having huge problems getting the BTC transferred from a wallet to an exchange.  That is a fiasco, and from what I have read many other people have the same problem.

Ok, I thought you were refering to something new.

Also I wouldn't consider it a "fiasco". I mean, are you sure the problem isn't in the exchange end?

Have you checked the transaction in blockchain explorer to see if it is already confirmed but the exchange is not acknowledging it?

Did the transaction include a proper fee? Unless you set it up manually, it should be ok though.

Anyways, yes, Bitcoin needs to solve the scaling problem asap. But that is already "discounted" in current price. Once that get solved expect the price to skyrocket.

All the transactions show in bitcoin.info as Unconfirmed.  I have been raising the fees manually because my wallet was sending 0.0001 for all transactions.
In my latest transaction I sent 0.25 with 0.0005 (240 satoshi/byte) but when this gets processed it gets added to another 0.5 BTC and then the fee per byte drops to 96??

see the tx: https://blockchain.info/tx-index/44af690b488daae59c2ca4bd055a6dc29378e11e51853de4e0763e72f8dd3e3e