cryptosize
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January 16, 2024, 09:52:24 PM |
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And yet, some people insist there is no conspiracy against BTC to bump the fees...
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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FeeBuddy
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January 16, 2024, 11:00:02 PM |
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- fastestFee: 165 sat/vB
- halfHourFee: 116 sat/vB
- hourFee: 85 sat/vB
- economyFee: 50 sat/vB
- minimumFee: 25 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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franky1
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January 17, 2024, 04:38:36 AM Last edit: January 17, 2024, 11:46:00 AM by franky1 |
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And yet, some people insist there is no conspiracy against BTC to bump the fees... the spammers are creating transactions of 112 vB @ 52sat/vb to pay 5824sat (~$2.50) yet the average real byte transaction length divided by fee of others (blocksize divided by total block fee) puts everyone else at a 333byte tx paying the bumped 52sat/vb of 17316(~$7.40) meaning everyone else is paying ~3x extra compared to the spammers even core do not believe people should be bumping by 1sat increments so cores default GUI fee mechanism bumps in 5sat increments the other thing is, because the spammer bump fee in 10sat increments instead of 1sat means everyone else cant just bump by 1sat to compete(10+1), but instead also have to bump by 5sat(10+5) to outbid spammers which causes the average fee to jump quickly with the market price of bitcoin being more then 5x of the days core decided on the 5sat increment. they should review and close the gap and bring it down to 1sat increments.. just like their predecessors did when markets stepped up in previous cycles thus allowing users more control and less leaping to higher fee's so quickly its like any auction if an asset is at auction from a starting bid of $10k but each bid increments at $5k, in auction bid competition it only needs 3 bids to jump to $25k.. yet if the increments were $1k those same 3 bids competing would only get to $13k thus not forcing the price so high so quickly
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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FeeBuddy
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January 17, 2024, 05:00:01 AM |
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- fastestFee: 99 sat/vB
- halfHourFee: 76 sat/vB
- hourFee: 59 sat/vB
- economyFee: 44 sat/vB
- minimumFee: 22 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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nutildah
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January 17, 2024, 05:06:39 AM |
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FeeBuddy
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January 17, 2024, 11:00:01 AM |
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- fastestFee: 58 sat/vB
- halfHourFee: 51 sat/vB
- hourFee: 47 sat/vB
- economyFee: 47 sat/vB
- minimumFee: 24 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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Learn Bitcoin
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January 17, 2024, 12:36:31 PM |
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Interesting. At first, I was wondering what is the relation between the TX I have shared and the links you have shared. It seems the transaction hash matches this website data. But, I am curious how did you manage to find this? I don't know much about these ordinal things and how they work. Is it the same as ETH NFT? I thought only coins like ORDI, 1000SATS, and some other BRC-20 token transactions increased the mempool congestion and I thought the mentioned transactions were just dust and they doing it to manipulate the mempool to increase the transaction fees. I guess the community would appreciate a detailed topic about it. Many of us don't understand much about this.
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bitmover
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bitcoindata.science
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January 17, 2024, 01:25:23 PM |
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Interesting. At first, I was wondering what is the relation between the TX I have shared and the links you have shared. It seems the transaction hash matches this website data. But, I am curious how did you manage to find this? I don't know much about these ordinal things and how they work. Is it the same as ETH NFT? I thought only coins like ORDI, 1000SATS, and some other BRC-20 token transactions increased the mempool congestion and I thought the mentioned transactions were just dust and they doing it to manipulate the mempool to increase the transaction fees. I guess the community would appreciate a detailed topic about it. Many of us don't understand much about this.
I don't know much either. But inscriptions/ordinals try to make each satoshi unique. I found this website recently, which I shared in bitcointalk and I found it intersting
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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cryptosize
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January 17, 2024, 02:13:40 PM Merited by LFC_Bitcoin (4) |
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According to gmaxwell, a notorious BSV pedophile is behind BRC-20 spamming: Up thread it's noted that the source of the funds has heavy BRC-20 activity and I've been told that Ayre has been significantly funding BRC-20 activity. How come they don't use BSV, since it can support more transactions?
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nutildah
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January 17, 2024, 03:10:00 PM Merited by vapourminer (1) |
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How come they don't use BSV, since it can support more transactions? That's a fair question. Its because nobody cares about BSV. There is far more prestige in minting your shit token on the Bitcoin blockchain. As he did with gmaxwell, Calvin Ayre personally tried to ruin my life, so I'm no fan of him, or BSV ( never have been), but I have yet to see any evidence of him being involved in BRC-20. There's some truth to the idea that BSV devs are behind the development of Ordinals infrastructure, but that is because they realized BSV is a sinking ship and went to go work on Bitcoin stuff instead. They are motivated purely by financial reasons. Calvin doesn't have infinitely deep pockets. Rumor has it the money men that funded the whole Faketoshi charade are extremely pissed that Craig hasn't been able to produce any results. The whole scam is falling apart at an increasingly faster rate. BSV is now worth 9% what it was compared to BTC 5 years ago. Meaning, if you would have traded BTC for BSV 5 years ago, you'd be down 91%. The game is all but over, which is why BSV devs are jumping ship.
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franky1
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January 17, 2024, 04:56:31 PM Last edit: January 17, 2024, 05:07:49 PM by franky1 |
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according to BSV scammers themselves CSW is running out of scam buddies to even fund CSW own scam lawsuits. so unlikely they are going to spend millions on spamming/scamming BTC network
whats actually happening is that a EX chaincodelabs(blockstream) guy(ratimov) on the btc network made the mis-counting sat scam of ordinals. then evelated tonext level scammed of none transferable meem junk. then compressed it down to untransferable json junk he prefers the lightning network and wants to annoy the bitcoin network to promote the lightning network
he sold a few sats with appended untransferable junk memes, to scam victims for whole btc+ amounts. and then used that scammed income to pay for more fees to then create more junk. selling junk for multiples of sat value to continue the endeavour
however its more of a project of the lightning network admiration brigade wanting to promote how LN is better then bitcoin in always
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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FeeBuddy
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 17, 2024, 05:00:02 PM |
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- fastestFee: 70 sat/vB
- halfHourFee: 62 sat/vB
- hourFee: 56 sat/vB
- economyFee: 46 sat/vB
- minimumFee: 23 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 17, 2024, 11:00:02 PM |
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- fastestFee: 112 sat/vB
- halfHourFee: 86 sat/vB
- hourFee: 68 sat/vB
- economyFee: 44 sat/vB
- minimumFee: 22 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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franky1
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Seems like a good idea.
Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.
I just don't see big movements on the chart, due to its scale. Unless you can tell the time on the graph. But it seems small to me for so much information.
something like
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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philipma1957
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'The right to privacy matters'
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January 17, 2024, 11:36:01 PM |
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Seems like a good idea.
Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.
I just don't see big movements on the chart, due to its scale. Unless you can tell the time on the graph. But it seems small to me for so much information.
something like they will run out of funds if you are correct. I hope you are.
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franky1
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January 17, 2024, 11:55:24 PM Last edit: January 18, 2024, 12:07:47 AM by franky1 |
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they will run out of funds if you are correct.
I hope you are.
they spend $2.50 per mint of 1000json scam numbers per 'ticker'. if they sucker idiots to buy 1 json scam unit for $5 on binance. they can scam $5000 per json scam 'ticker'. $2.50 cost $5k scammed meaning x2000 there scam attempts in short we need to dry up their victim list. get people to stop buying the json scam units. then they have no income to spend to scam the next json 'ticker" junk name .. just looked, their newest scam junk json thing seems to be like trading cards. tickers with character attributes [spieces, size,weight,wealth,wisdom] https://ordiscan.com/inscription/56115969i thing the 'ordi ticker' scam dried up so now offering new digital trading card scam .. i was hoping they would have stopped last year because there are only so many 'rare sats'
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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January 18, 2024, 12:05:36 AM |
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And yet, some people insist there is no conspiracy against BTC to bump the fees... the spammers are creating transactions of 112 vB @ 52sat/vb to pay 5824sat (~$2.50) yet the average real byte transaction length divided by fee of others (blocksize divided by total block fee) puts everyone else at a 333byte tx paying the bumped 52sat/vb of 17316(~$7.40) meaning everyone else is paying ~3x extra compared to the spammers even core do not believe people should be bumping by 1sat increments so cores default GUI fee mechanism bumps in 5sat increments the other thing is, because the spammer bump fee in 10sat increments instead of 1sat means everyone else cant just bump by 1sat to compete(10+1), but instead also have to bump by 5sat(10+5) to outbid spammers which causes the average fee to jump quickly with the market price of bitcoin being more then 5x of the days core decided on the 5sat increment. they should review and close the gap and bring it down to 1sat increments.. just like their predecessors did when markets stepped up in previous cycles thus allowing users more control and less leaping to higher fee's so quickly its like any auction if an asset is at auction from a starting bid of $10k but each bid increments at $5k, in auction bid competition it only needs 3 bids to jump to $25k.. yet if the increments were $1k those same 3 bids competing would only get to $13k thus not forcing the price so high so quickly well I have a trezor I do custom fees I check the mempool and pay numbers about 11 sats over the economy fees
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FeeBuddy
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Activity: 126
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 18, 2024, 05:00:01 AM |
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- fastestFee: 100 sat/vB
- halfHourFee: 92 sat/vB
- hourFee: 82 sat/vB
- economyFee: 50 sat/vB
- minimumFee: 25 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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Activity: 126
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 18, 2024, 11:00:02 AM |
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- fastestFee: 60 sat/vB
- halfHourFee: 58 sat/vB
- hourFee: 55 sat/vB
- economyFee: 48 sat/vB
- minimumFee: 24 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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Activity: 126
Merit: 16
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 18, 2024, 05:00:01 PM |
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- fastestFee: 51 sat/vB
- halfHourFee: 50 sat/vB
- hourFee: 48 sat/vB
- economyFee: 48 sat/vB
- minimumFee: 24 sat/vB
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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