franky1
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January 23, 2024, 09:42:57 PM |
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seems someone does not want the mempool purge limit to go below 21sat (min accepted 22sat)
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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 23, 2024, 11:00:02 PM |
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- fastestFee: 64 sat/vB
- halfHourFee: 51 sat/vB
- hourFee: 41 sat/vB
- economyFee: 41 sat/vB
- minimumFee: 24 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F23%2FkmA69.gif&t=663&c=XKusP2DdRrml-g)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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BabyBandit
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January 24, 2024, 04:32:43 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F01%2F24%2Fkm8Qa.png&t=663&c=oAwSk2roM1vHkw) Fee's quite low now, saw it was around 35 sat/vB a day ago or two but didn't go under 30 sat/vB at least what I noticed. Seems to be hard to go down under 25 sat/vB "again" but at least it's getting better but also can get up very fast again so if you gonna send BTC maybe now can be a good time doing so.
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FeeBuddy
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January 24, 2024, 05:00:02 AM |
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- fastestFee: 34 sat/vB
- halfHourFee: 33 sat/vB
- hourFee: 32 sat/vB
- economyFee: 32 sat/vB
- minimumFee: 23 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkmOE1.gif&t=663&c=HZtB7phOx8EhHA)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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joker_josue
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January 24, 2024, 08:00:04 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkmOE1.gif&t=663&c=HZtB7phOx8EhHA) [/url] What happened, for a repeated increase in the fee, and now everything is back to the way it was before? Someone wanted to get rid of BTC, and the best way was to make a super expensive transaction? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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bitmover
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bitcoindata.science
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January 24, 2024, 10:53:53 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkmOE1.gif&t=663&c=HZtB7phOx8EhHA) [/url] What happened, for a repeated increase in the fee, and now everything is back to the way it was before? Someone wanted to get rid of BTC, and the best way was to make a super expensive transaction? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Not one, but a few super expensive transactions For example, this block. It has many transactions of 100+ inputs outputs. https://mempool.space/pt/block/000000000000000000001397ca64ceaf23fb846dcd47abbc97df006fb9b7b4a3
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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FeeBuddy
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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January 24, 2024, 11:00:02 AM |
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- fastestFee: 28 sat/vB
- halfHourFee: 28 sat/vB
- hourFee: 28 sat/vB
- economyFee: 28 sat/vB
- minimumFee: 18 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkPuJN.gif&t=663&c=T3X9LHdKvzDxVw)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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stompix (OP)
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Blackjack.fun
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January 24, 2024, 11:19:53 AM |
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What happened, for a repeated increase in the fee, and now everything is back to the way it was before? Someone wanted to get rid of BTC, and the best way was to make a super expensive transaction? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Somebody started minting ordinals like this: https://ordiscan.com/inscription/57015372a ton of them: https://ordiscan.com/address/bc1put7stra8wjckxws33vq22v9fzsmmrrdsamdeezjyq3gqte0lc22q7vsaez/activityBut unlike others they didn't go for the next block fee and out of the blue paid 5x times the average The previous block was Median fee ~30 sat/vB$1.63 Next block: Median fee ~202 sat/vB $10.97 And as soon as those finished fees went down a ton, much like the Binance consolidation a few days ago, but that was only half a block worth of fees, but they still paid 240sat/vb. Now corelating that with the discussion in the mining speculation topic, see how high block rewards can come out of the blue? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And finally some good news, we're down to 350vMB till 10sat/vb, Texas wakes up and we're up 15blocks so that means 15vMB of transactions on top of normal capacity getting processed, theoretically best case scenario we might see 21~22 sat/vb for a bit on Monday morning after the weekend is gone!
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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joker_josue
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January 24, 2024, 01:42:07 PM |
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Now corelating that with the discussion in the mining speculation topic, see how high block rewards can come out of the blue? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But their emergence in a timely manner makes perfect sense to me. What I find strange is that this altar has been perpetuated for a long time. But, of course, in reality everything is very unpredictable in this field.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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FeeBuddy
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January 24, 2024, 05:00:02 PM |
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- fastestFee: 32 sat/vB
- halfHourFee: 30 sat/vB
- hourFee: 28 sat/vB
- economyFee: 28 sat/vB
- minimumFee: 24 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkRf2m.gif&t=663&c=pcI969lrOWXIsA)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 11:00:03 PM |
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- fastestFee: 29 sat/vB
- halfHourFee: 28 sat/vB
- hourFee: 26 sat/vB
- economyFee: 26 sat/vB
- minimumFee: 20 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F24%2FkT7so.gif&t=663&c=7cZXsNF-1BGI2w)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 05:00:01 AM |
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- fastestFee: 26 sat/vB
- halfHourFee: 25 sat/vB
- hourFee: 25 sat/vB
- economyFee: 25 sat/vB
- minimumFee: 24 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F25%2Fkthl5.gif&t=663&c=BZv0ug8crxR8ag)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 11:00:01 AM |
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- fastestFee: 37 sat/vB
- halfHourFee: 35 sat/vB
- hourFee: 31 sat/vB
- economyFee: 31 sat/vB
- minimumFee: 25 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F25%2FkzgWW.gif&t=663&c=uYeTPiZXgxUcTw)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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NotATether
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In memory of o_e_l_e_o
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January 25, 2024, 12:05:41 PM |
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Fees have actually dipped below 30 sats/byte somehow. Are people bored of Ordinals already? What happened, for a repeated increase in the fee, and now everything is back to the way it was before? Someone wanted to get rid of BTC, and the best way was to make a super expensive transaction? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Somebody started minting ordinals like this: https://ordiscan.com/inscription/57015372a ton of them: https://ordiscan.com/address/bc1put7stra8wjckxws33vq22v9fzsmmrrdsamdeezjyq3gqte0lc22q7vsaez/activityBut unlike others they didn't go for the next block fee and out of the blue paid 5x times the average The previous block was Median fee ~30 sat/vB$1.63 Next block: Median fee ~202 sat/vB $10.97 And as soon as those finished fees went down a ton, much like the Binance consolidation a few days ago, but that was only half a block worth of fees, but they still paid 240sat/vb. Now corelating that with the discussion in the mining speculation topic, see how high block rewards can come out of the blue? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And finally some good news, we're down to 350vMB till 10sat/vb, Texas wakes up and we're up 15blocks so that means 15vMB of transactions on top of normal capacity getting processed, theoretically best case scenario we might see 21~22 sat/vb for a bit on Monday morning after the weekend is gone! I'm pretty sure a lot of Ordinals exchanges do not have a robust software tooling, so they're either using a hardcoded fee or they are just using a fee that the operator has to put in. I don't see automated software constantly overpaying 5x, 10x on fees unless its a bug. It's more like people who are (extremely) impatient.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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FeeBuddy
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January 25, 2024, 05:00:02 PM |
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- fastestFee: 35 sat/vB
- halfHourFee: 33 sat/vB
- hourFee: 32 sat/vB
- economyFee: 32 sat/vB
- minimumFee: 23 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F25%2FkNHZC.gif&t=663&c=x2LfH3K5tnq3fw)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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FeeBuddy
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January 25, 2024, 11:00:02 PM |
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- fastestFee: 24 sat/vB
- halfHourFee: 24 sat/vB
- hourFee: 24 sat/vB
- economyFee: 24 sat/vB
- minimumFee: 22 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F25%2FkEuxD.gif&t=663&c=oxYQa0qLLetAJg)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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bitmover
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bitcoindata.science
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January 26, 2024, 02:48:39 AM |
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I'm pretty sure a lot of Ordinals exchanges do not have a robust software tooling, so they're either using a hardcoded fee or they are just using a fee that the operator has to put in.
I don't see automated software constantly overpaying 5x, 10x on fees unless its a bug. It's more like people who are (extremely) impatient.
I think we will see 1 sat vB transactions again in a few months. There are less transactions in the mempool (used to be 250k, now about 220k) and fees are already 20~ instead of 30.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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nutildah
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January 26, 2024, 02:53:42 AM |
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I think we will see 1 sat vB transactions again in a few months.
That would be great, but I think every time fees start to approach that level, someone will say, "Oh, now's the perfect time to inscribe my series of byte-perfect CryptoDickButts." ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.seadn.io%2Fgcs%2Ffiles%2Fbb11fb8043ac79583a248498053a7790.png%3Fauto%3Dformat%26dpr%3D1%26w%3D1000&t=663&c=l6cAYuZ8kloJkg) We'll see.
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FeeBuddy
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January 26, 2024, 05:00:01 AM |
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- fastestFee: 24 sat/vB
- halfHourFee: 24 sat/vB
- hourFee: 24 sat/vB
- economyFee: 24 sat/vB
- minimumFee: 24 sat/vB
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2024%2F01%2F26%2FkEgeZ.gif&t=663&c=fgYmq_pFjlaD-g)
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bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0 Data from mempool.space.
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NotATether
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In memory of o_e_l_e_o
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January 26, 2024, 07:31:18 AM |
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That would be great, but I think every time fees start to approach that level, someone will say, "Oh, now's the perfect time to inscribe my series of byte-perfect CryptoDickButts."
Is that seriously a thing now?
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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