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

[Richy_T]

WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.

Hmm. No change address. Weird. I don't think any legit wallet would miss that.

Looks like they mixed up the fee and the output fields, ie meant to send the ~1.6 btc

There is no fee field. Any fund not allocated is the fee. Usually you have the target and the change address (though you can't necessarily tell which is which) but you can have more target addresses if you want.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.

Hmm. No change address. Weird. I don't think any legit wallet would miss that.

Looks like they mixed up the fee and the output fields, ie meant to send the ~1.6 btc

There is no fee field. Any fund not allocated is the fee. Usually you have the target and the change address (though you can't necessarily tell which is which) but you can have more target addresses if you want.

 Somebody really wanted that sat.  Why? I do not understand.

https://ord.link/70623833

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Zeunerts]

Following up, sure enough now https://etfs.grayscale.com/gbtc is currently showing "As of 05/06/2024 Total Bitcoin in Trust 292,217.6761" so GBTC did in fact add BTC1k last Friday. Furthermore looks like they added another $3.9MM in BTC today, second day of inflows into GBTC , have I somehow switched into antiverse?

Farsides reporting confirms your $3.9MM as well.
Almost every ETF is suddenly having inflows again.

[DirtyKeyboard]

Following up, sure enough now https://etfs.grayscale.com/gbtc is currently showing "As of 05/06/2024 Total Bitcoin in Trust 292,217.6761" so GBTC did in fact add BTC1k last Friday. Furthermore looks like they added another $3.9MM in BTC today, second day of inflows into GBTC , have I somehow switched into antiverse?

Farsides reporting confirms your $3.9MM as well.
Almost every ETF is suddenly having inflows again.

table.img above

That looks like the ol' weak handed sell low, buy high routine.    
So, hypothetically speaking.  If a client tells a fiduciary to trade bitcoin for fiat, just to pile pennies.  Is that fiduciary legally required to slap the client into coherence? 

[El duderino_]

Inflows and outflows.
Honeybadger does not care.
Leafs are growing green.

#Haiku inspired by my green growing leafs in the garden.

[Gachapin]

Inflows and outflows.
Honeybadger does not care.
Leafs are growing green.

#Haiku inspired by my green growing leafs in the garden.

I like that

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.

Hmm. No change address. Weird. I don't think any legit wallet would miss that.

ive sent txs setting the fee to be deducted from the sent amount in core. so, the tx goes out with just destination addy. guess it was deliberate?

[criptoevangelista]

We have the pushup challenge going on... You could start out with 30 per day..  3 sets of 10 or some other manageable way of getting in some exercise as we are planning for $100k (as an intermediary bump in the road to higher BTC price statuses)
100 Push-Ups A Day Until Bitcoin Is $100K Challenge

I'm definitely not doing that (I can't) but I bought a sturdy, magnetic self powered exercise bike that gives out calories spent and I was already trying (since a few days) to spend at least 100 calories a day on it. It's not that much but it's a start, once it's achieved and sustained I will increase it.

As we get older (especially after our mid-30s), we have more and more difficulties retaining muscle, and that is one of the benefits of resistance training rather than cardio.. of course, some cardio is good, and walking can be quite good too.. but sometimes there is going to be a need for some kind of resistance training, especially as we are getting older... We are all getting older.. but some of us might already be older than others, and yeah, whether there is any kind of actual need to do resistance training or cardio exercises or just to do normal activities can be questions of preferences, and surely diet and sleep are also important in terms of attempting to maintain health.

Also it wasn't planned but today (day off) I helped my mother cutting some trees in the garden with a small chainsaw and by the end of it my arms hurt but I could feel my muscles in a good way so I'm motivated to get the dumbbells out !

Surely some of the manual labor can be good too.. and surely dumbbells can be used as a form of resistance training, too.

Muscles are like gold / btc... They are extremely valuable, especially when we reach an age (I'm close to 40) so I think that when I'm 60, 70 (if I'm lucky enough to get there), I would like to have good health. .. this is something to think about years in advance... long-term game for everything, including health... After all, we have to be well to enjoy the benefits of the bitcoins planted today.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.

Hmm. No change address. Weird. I don't think any legit wallet would miss that.

ive sent txs setting the fee to be deducted from the sent amount in core. so, the tx goes out with just destination addy. guess it was deliberate?

https://developer.bitcoin.org/reference/rpc/sendtoaddress.html

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com