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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837347 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
CoinCube
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May 21, 2017, 12:33:00 PM
Last edit: May 23, 2017, 05:39:28 PM by CoinCube

Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...

Shorting bitcoin is kind of like choosing to play russian roulette.

Sure it is possible to "win" but is it really that good of an idea to play at all.
AlexGR
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May 21, 2017, 12:55:18 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Wallet software fail probably. First block inclusion is at around 1.2$ right now.


https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis.
mOgliE
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May 21, 2017, 12:58:10 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Wallet software fail probably. First block inclusion is at around 1.2$ right now.


https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis.


I got the same problem with my electrum wallet...

I had to put 2mbtc of fee to have the software let me process the transaction.
It's a bit absurd to pay about 4$ of fees everytime you want to make a transaction ><
Meuh6879
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May 21, 2017, 12:59:51 PM

Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...

catched.

JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"


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May 21, 2017, 01:00:51 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.

Yes, and exactly this was promised a year ago at least.


Get out of here with your bullshit promise assertion.

bitcoin is decentralized.. who the fuck is going to promise?
tk3609
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May 21, 2017, 01:01:28 PM

China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?
mOgliE
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May 21, 2017, 01:02:22 PM

Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...

Slightly too late.
There is a beautiful correction starting right now. I'd say we'll pass the 2k then it's time to long again. The rise won't be stopped Cheesy
Ibian
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May 21, 2017, 01:06:50 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Wallet software fail probably. First block inclusion is at around 1.2$ right now.


https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis.

Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools so maybe that could make a difference, but nonetheless this is the current reality.
becoin
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May 21, 2017, 01:07:03 PM

Who sold at the bottom?
JakaE
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May 21, 2017, 01:10:36 PM

Bottom? CRYPTO OFFICIALLY = DEAD

You should listen to prophet kwukduck more

Edit: Oh wait, nvm
AlexGR
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May 21, 2017, 01:10:36 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Wallet software fail probably. First block inclusion is at around 1.2$ right now.


https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis.

Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools to maybe that could make a difference, but nonetheless this is the current reality.

It was probably oversized tx in terms of bytes (like 2-3 inputs) so the fee per byte was lower (hence lower priority).
Torque
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May 21, 2017, 01:13:31 PM

Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...

Short that ETH shitcoin instead..
mOgliE
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May 21, 2017, 01:16:11 PM

China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?

Sold my btc when I saw that.
Don't know what's happening and don't care. But this shit is really too messy I'm half out Grin

Anyway if it's really like the moon half btc will be enough to get a retirement, and if it's dumping too hard I'm buying back at 1900 Cheesy
Nagadota
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ClaimWithMe - the most paying faucet of all times!


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May 21, 2017, 01:16:48 PM

Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.

Wallet software fail probably. First block inclusion is at around 1.2$ right now.


https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 270 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 61,020 satoshis.

Nope. Like I said, got another transfer with a buck attached that has been stuck for days. I assume that different wallets connect to different pools to maybe that could make a difference, but nonetheless this is the current reality.

It was probably oversized tx in terms of bytes (like 2-3 inputs) so the fee per byte was lower (hence lower priority).
True.  It's not much to do with what fees you pay in total but what fees you pay per byte.

Still, it's not like everyone can expect to be paying the same amount they receive all the time.  Imagine a future reality in which you can choose to deal in Bitcoin for most things - what would happen to people like convenience store merchants who accept a lot of small payments?  They'd have to exchange their Bitcoin to fiat all the time.
gentlemand
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May 21, 2017, 01:17:14 PM

China dumped over 200$ and west didn't even notice it. Is it madness or just sparta?

Sold my btc when I saw that.
Don't know what's happening and don't care. But this shit is really too messy I'm half out Grin

Anyway if it's really like the moon half btc will be enough to get a retirement, and if it's dumping too hard I'm buying back at 1900 Cheesy

What's the point of paying any attention to China? They, like, totally so not hot right now.
edgar
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May 21, 2017, 01:20:02 PM

i had a 0.01 sail through with 3.20 usd in fees

a considerably bigger tx with 13.12 usd in fees has been stuck for 23.5 hrs

becoin
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May 21, 2017, 01:26:09 PM

Sold my btc when I saw that.

Thank you for doing that. More noobs will enter buying cheap coins and that will make bitcoin even stronger.
mOgliE
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May 21, 2017, 01:49:27 PM

Sold my btc when I saw that.

Thank you for doing that. More noobs will enter buying cheap coins and that will make bitcoin even stronger.

You're welcome it's my pleasure.

Though I doubt anyone can really enter the btc world thinking it's "cheap coins" right now.
The price is completely crazy compared to its history ^^
york780
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May 21, 2017, 01:54:20 PM

Who sold at the bottom?
becoin
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May 21, 2017, 01:56:56 PM

Sold my btc when I saw that.

Thank you for doing that. More noobs will enter buying cheap coins and that will make bitcoin even stronger.

You're welcome it's my pleasure.

Though I doubt anyone can really enter the btc world thinking it's "cheap coins" right now.
The price is completely crazy compared to its history ^^

Well, it is the bitcoin history. It is the same history we've got throughout all those 9 years. Get used to it!
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