danherbias07
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December 10, 2019, 02:04:38 PM |
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Bitcoin fleas are back down! I am hoping that they stay down because these last few weeks have been painful. Fleas are insects that feed on the blood(red) of animals so i guess what the OP was trying to say was linking the recent market dip of bitcoin to fleas. However, this linkage can't be drawn properly today because bitcoin price just decreased again by $150. Hopefully, we can see all the fleas driven away by next year. I didn't know a new term for "bloody" related to bitcoin. Well, market will surely recover before christmas just like last year and it could bounce back to $10k or more. And we can see a crisis until the market recovers and it could down more but still we can take advantage of it. Same with me. But he said fleas and then back down. The insects back down? The blood back down? He made it difficult to understand instead of getting real answers by just keeping it simple. I guess we will be waiting for his response before we could understand it.
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Wapfika
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December 10, 2019, 02:23:04 PM |
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Bitcoin fleas are back down! I am hoping that they stay down because these last few weeks have been painful.
First of all there is no such thing as Bitcoin Fleas. Secondly crypto community is not worried about this downfall as bitcoin has the habit of making a strong come back after every downfall (do some research on price history of bitcoin). Its good time to give yourself some break and gear up for next bull run. Maybe just his term in things that are not happening appropriately as OP wanted. We must learn to see how the market will react everytime there is news affecting its price. Does fleas may be a threat that keeps BTC falling down which is quite normal in any market that have plenty of investors and whales manipulating it.
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longyenthanh
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December 10, 2019, 03:17:19 PM |
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Just like in tsunami, waves go back for the formation of bigger waves that destroy everything, same happens with bitcoin. While many are losing hope in current red market there are many who are buying Bitcoin for the next tsunami wave. Its upto you which end you wanna join. In trading world ups and down are unavoidable.
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TimtheYoutuber (OP)
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December 10, 2019, 04:22:39 PM |
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If fleas were refer to dump, negative news or being controlled by whales then it's not really going down as they may come anytime since the market is tend to be that way. The market is volatile and will have it's way to up and down due to economic changes that happening not just in crypto but in economy of a specific country adapting crypto. Hopefully before halving btc will not encounter any flows before that.
Fleas is in reference to "fees" lol Bitcoin fees have been dropping which is really nice
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Positivebetting
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pawanjain
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December 10, 2019, 05:22:34 PM Last edit: May 16, 2023, 03:15:19 AM by pawanjain |
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Bitcoin fees are back down! I am hoping that they stay down because these last few weeks have been painful. LOL, all you people trying to guess what OP means by the word fleas. Let me guess one as well. I think OP just misspelled the word fees for fleas. He might be saying that bitcoin fees are going down ! P.S: Saw the above post from OP later. So I kinda won in guessing the context. Lol
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Lanatsa
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December 10, 2019, 05:32:06 PM |
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Strange comparison and actually I don't see the connection. However, don't be too happy too soon, price corrections and fluctuations will continue and it can happen that Bitcoin will not be back over 8000$ soon. Current price range is likely to stay for a while. About two months ago I thought Bitcoin price could reach 10000$ by the end of the year but at the moment I don't think there is chance this will happen.
You are right which i dont see any connection for a flea with Bitcoin yet lets say that those fleas are those weak hands but it doesnt mean that they wont go back. Price movement will vary with buyers and sellers which means they do come back as they liked to yet these market wont really be fluctuating nor improving if one of the components is absent.So its a little bit out of the comparison. Flea maybe pertaining with Whales?
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danherbias07
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December 10, 2019, 11:31:28 PM |
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Fleas is in reference to "fees" lol
Bitcoin fees have been dropping which is really nice
Holy...! So that is it. I didn't know it was also referred as that. Okay.. It is a good thing though if the fees are getting lower. Now, I wont need to go back and forth buying Ethereum or XRP just so I could send payment to somebody. I am trying to avoid those fees before because it will be a waste of bitcoin but if what you say is true then I would transact directly now. Will try it with my next transaction.
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Maslate
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December 10, 2019, 11:42:49 PM |
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Just like in tsunami, waves go back for the formation of bigger waves that destroy everything, same happens with bitcoin. While many are losing hope in current red market there are many who are buying Bitcoin for the next tsunami wave. Its upto you which end you wanna join. In trading world ups and down are unavoidable.
Good to hear that bitcoin fees are already dropping down. But i also hope that bitcoin price will soon to recover before christmas so that we will have a merry christmas one. But for the the present price, let's seize the moment to buy more bitcoins while the price is still in bargain.
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IadixDev
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They're tactical
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December 11, 2019, 10:47:10 AM |
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Fleas is in reference to "fees" lol
Bitcoin fees have been dropping which is really nice
Holy...! So that is it. I didn't know it was also referred as that. Okay.. [/quote] I was a bit worried, on a cat i know how to remove fleas, but on bitcoin
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smyslov
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December 11, 2019, 12:14:47 PM |
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Bitcoin fees are back down! I am hoping that they stay down because these last few weeks have been painful. Yeah I also notice that in three of my transactions, the fee is now lower, but in the case of Yobit withdrawal, they still implement the 0.00120000 so I have to trade it in other altcoin that has a much lower fee, like Ethereum or Litecoin, but I prefer Litecoin because it only cost 25 cents compare to Ethereum which is 95 cents, others are saying XRP is also a good choice.
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avatar_kiyoshi
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December 11, 2019, 01:11:17 PM |
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If fleas were refer to dump, negative news or being controlled by whales then it's not really going down as they may come anytime since the market is tend to be that way. The market is volatile and will have it's way to up and down due to economic changes that happening not just in crypto but in economy of a specific country adapting crypto. Hopefully before halving btc will not encounter any flows before that.
Fleas is in reference to "fees" lol Bitcoin fees have been dropping which is really nice I don't know why you think a fees to be fleas. I made a transaction and I checked the cost was indeed cheaper. It costs around 0.15-0.25 dollars, the amount is twice cheaper than last month. Yeah I also notice that in three of my transactions, the fee is now lower, but in the case of Yobit withdrawal, they still implement the 0.00120000 so I have to trade it in other altcoin that has a much lower fee, like Ethereum or Litecoin, but I prefer Litecoin because it only cost 25 cents compare to Ethereum which is 95 cents, others are saying XRP is also a good choice.
The exchange determines the withdrawal fee at a fixed price. That's why the exchange actually does not adjust transaction fees with the blockchain network.
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boyptc
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December 11, 2019, 03:32:08 PM |
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Fleas is in reference to "fees" lol
Bitcoin fees have been dropping which is really nice
Haha, you've got us thinking of what does it mean. I even thought about what if's regarding that term. LOL! At least you have cleared that it was a typo.
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Zionatin
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December 11, 2019, 05:22:32 PM |
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How the hell did you get fleas and fees mixed? I can understand saying fea and not fee or vice versa but there is an "l" there my dear man. Is this so difficult to check before hitting post? Can you not edit it now? I guess not...
Bitcoin fees have been usually for the past few months and I have been paying between $0.32-$0.50 which I think is fair and the transactions were very quick. What are you unhappy about? How much would you like to pay? How fast would you like it to be and how fast has it been for you lately that you feel the need to complain? I don't think transaction fees are a big thing to worry about. The bank charges the same amount but the bank has monthly costs too. My bank is $12 a month and then $0.20 $0.50 for each transaction. This is $12 more than bitcoin. I get nothing for my $12.
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TimtheYoutuber (OP)
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December 14, 2019, 10:18:34 PM |
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How the hell did you get fleas and fees mixed? I can understand saying fea and not fee or vice versa but there is an "l" there my dear man. Is this so difficult to check before hitting post? Can you not edit it now? I guess not...
Bitcoin fees have been usually for the past few months and I have been paying between $0.32-$0.50 which I think is fair and the transactions were very quick. What are you unhappy about? How much would you like to pay? How fast would you like it to be and how fast has it been for you lately that you feel the need to complain? I don't think transaction fees are a big thing to worry about. The bank charges the same amount but the bank has monthly costs too. My bank is $12 a month and then $0.20 $0.50 for each transaction. This is $12 more than bitcoin. I get nothing for my $12.
Do people seriously not understand humor? Bitcoin transaction costs have been extremely high (in terms of the crypto market) but have recently started coming down. Here's the thing about crypto. We have a certain expectation for the market and economy. So I don't care if a regular transaction is 100x the cost of a cryptocurrency transaction. I have been in the community for a long long time, and know what to expect.
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Positivebetting
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ragavancoin
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December 15, 2019, 05:13:03 AM |
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Yes mate the Bitcoin transaction fee comes down as $0.5 to $0.20 depending on the priorities it compares to last few months ago maybe it will come down due to bitcoin price drop significantly. But I do not agree with bitcoin fleas because of it will happen relying crypto market.
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EdvinZ
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December 15, 2019, 08:35:41 AM |
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I think this person meant that Bitcoin's behavior is similar to flea's jumps. These rapid changes and price hikes are exactly like flea's jumps. A little incorrect comparison, but everyone has his own imagination, so this person came up with the idea to compare the behavior of digital gold with flea's jumps.
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sayaya17
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December 15, 2019, 09:08:53 AM |
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That's how the crypto market is always dynamic, sometimes rising and sometimes falling, as Bitcoin drops, the market becomes bloody and so the market goes green. The right moment is to enter the market in a red state, logically like it. But bitcoin after this is ensured there will be a wave of ascension, the decline now is a correction when he was struck by the wind because it was too high so he crashed, later he will be back up again.
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buwaytress
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December 15, 2019, 09:30:42 AM |
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Don't know about everyone else but I've still been paying 1 sat/byte the past few weeks. Sure, it takes hours, even 8-16 hours for when the network was at 15k and climbing but eventually it goes back down and I get my tx confirmed.
There was one particular tx I needed to confirm quickly this week, was the only time I actually RBF'd in the whole past 3 months. Fact, this whole year now, all but a few of my txs have been 1 sat/byte. And when I HAVE paid more, I just bump to about 11/byte, so never even 10 cents.
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fiulpro
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December 15, 2019, 09:42:06 AM |
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Well are you sure that it's not their mating period and they haven't laid a lot of eggs till now ?
Now they are just waiting for the eggs to hatch , it's like the silence before the storm .
Never be sure of anything , it's bitcoins. They strike us when we are thinking *yeah it's so calm now* and it goes down in an instant .
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metenjean
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December 15, 2019, 10:21:04 AM |
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Bitcoin have goes down and nothing we can do because selling bitcoin have loss much money and reinvesting with bitcoin worried will back with higher price again or not, although with new year bitcoin look keep with lower price and we don't have way how to push bitcoin back to higher price.
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