Mempool Observer Topic

[FeeBuddy]

     

• fastestFee: 26 sat/vB
• halfHourFee: 25 sat/vB
• hourFee: 23 sat/vB
• economyFee: 12 sat/vB
• minimumFee: 6 sat/vB

[1714755398]

1714755398

[1714755398]

1714755398

[1714755398]

1714755398

[examplens]

     

• fastestFee: 26 sat/vB
• halfHourFee: 25 sat/vB
• hourFee: 23 sat/vB
• economyFee: 12 sat/vB
• minimumFee: 6 sat/vB

@bitmover, Is there no possibility of giving us a horizontal boundary line? For example, now I see that in the last 3 days, the lowest fee was around 12 sat/vB, but I would still have to draw the lines to see if the fee touched at all or was below those 12 sat/v.
It would be more accurate than looking at the history of your FeeBuddy's posts 

[FeeBuddy]

     

• fastestFee: 14 sat/vB
• halfHourFee: 14 sat/vB
• hourFee: 14 sat/vB
• economyFee: 10 sat/vB
• minimumFee: 5 sat/vB

[FeeBuddy]

     

• fastestFee: 15 sat/vB
• halfHourFee: 14 sat/vB
• hourFee: 13 sat/vB
• economyFee: 8 sat/vB
• minimumFee: 4 sat/vB

[nutildah]

The other threads about ordinals & BRC-20 are kind of dead, so I'll post this here.

Finally, someone on Twitter has figured out a use case for these things:

https://twitter.com/0xNefu/status/1760431615678034289

If you have old worthless brc20 inscriptions, or ordinal rugged projects inscriptions keep them they have sats in them and have value, by the end of the bullrun you can just separate them and send them to your payment wallet then just spend them like regular btc.

You can still use them as regular 'ol BTC, lol. Its genius.

[franky1]

'just separate them'
ha
they were never joined to anything else,

inscriptions dont even note which output the junk belongs to.. they were already useless and it seems you are now wising up to the idea that the only thing of value was sats being sats

also the scammers create alot of dust spam utxo
i just goggled the ordinal explorer, picked the first inscription that popped up
https://ordiscan.com/inscription/61876491
https://ordiscan.com/address/bc1pn40zzy2clezt5nfsqhkkqfn373ggwqys3r3jsxhthzdtdfc8kw8s0fhr8v

the scammer has pages of 546sat utxo's unspent, and highly likely to never to be spendable due to byte vs dust vs fee trilemma during high fee season
https://www.blockchain.com/explorer/addresses/btc/bc1pn40zzy2clezt5nfsqhkkqfn373ggwqys3r3jsxhthzdtdfc8kw8s0fhr8v

heck there are some that are left as 330sat

[FeeBuddy]

     

• fastestFee: 26 sat/vB
• halfHourFee: 22 sat/vB
• hourFee: 18 sat/vB
• economyFee: 10 sat/vB
• minimumFee: 5 sat/vB

[bitmover]

     

• fastestFee: 26 sat/vB
• halfHourFee: 25 sat/vB
• hourFee: 23 sat/vB
• economyFee: 12 sat/vB
• minimumFee: 6 sat/vB

@bitmover, Is there no possibility of giving us a horizontal boundary line? For example, now I see that in the last 3 days, the lowest fee was around 12 sat/vB, but I would still have to draw the lines to see if the fee touched at all or was below those 12 sat/v.
It would be more accurate than looking at the history of your FeeBuddy's posts 

That is a good idea!
Done! We will see now this horizontal line!

I will post it here, so you don't have to wait for feebuddy to see it!

[FeeBuddy]

     

• fastestFee: 22 sat/vB
• halfHourFee: 20 sat/vB
• hourFee: 18 sat/vB
• economyFee: 12 sat/vB
• minimumFee: 6 sat/vB

[OgNasty]

The mempool continues to drain it seems.  Transactions are again affordable but haven't gotten to the point where I'll be rushing to consolidate inputs just yet.  It's headed in the right direction though.  It gives off a much better impression of Bitcoin when new users aren't paying $50 to send BTC from one place to another so I'm glad to see this developing as we near the halving, which is sure to bring a wave of new users to Bitcoin as the price explodes and Bitcoin is plastered all over the media.

[paid2]

The mempool continues to drain it seems.  Transactions are again affordable but haven't gotten to the point where I'll be rushing to consolidate inputs just yet.  It's headed in the right direction though.  It gives off a much better impression of Bitcoin when new users aren't paying $50 to send BTC from one place to another so I'm glad to see this developing as we near the halving, which is sure to bring a wave of new users to Bitcoin as the price explodes and Bitcoin is plastered all over the media.

You're optimistic imo, I personnaly believe that 99% of new users are just buying/holding on a CEX and won't use the network itself.. so I'm not sure that fees are so important for most of newcomers

[FeeBuddy]

     

• fastestFee: 17 sat/vB
• halfHourFee: 15 sat/vB
• hourFee: 14 sat/vB
• economyFee: 12 sat/vB
• minimumFee: 6 sat/vB

[bitmover]

The mempool continues to drain it seems.  Transactions are again affordable but haven't gotten to the point where I'll be rushing to consolidate inputs just yet.  It's headed in the right direction though.  It gives off a much better impression of Bitcoin when new users aren't paying $50 to send BTC from one place to another so I'm glad to see this developing as we near the halving, which is sure to bring a wave of new users to Bitcoin as the price explodes and Bitcoin is plastered all over the media.

You're optimistic imo, I personnaly believe that 99% of new users are just buying/holding on a CEX and won't use the network itself.. so I'm not sure that fees are so important for most of newcomers

Most users wont even use wallets that allows them to customize their fees.

I remember that my first transactions were quite expensive because I used blockchain.info at first.

[nutildah]

'just separate them'
ha
they were never joined to anything else,

inscriptions dont even note which output the junk belongs to.. they were already useless and it seems you are now wising up to the idea that the only thing of value was sats being sats

franknbeans

try to learn. try to read.

i told you at least 30 times I never bought a single ordinal.

still some of the early number inscriptions will always have market value, regardless of your opinion.

heck it will likely be at least the 1st 100k ordinals w/ associated inscriptions that retain some kind of value going into the future.

also the tweet author is talking about separating value-less outputs from those that still have market value, which exist, again regardless of your opinion.

putting you back on ignore so i don't accidentally waste more time due to your trolling.

[franky1]

'just separate them'
ha
they were never joined to anything else,

inscriptions dont even note which output the junk belongs to.. they were already useless and it seems you are now wising up to the idea that the only thing of value was sats being sats

franknbeans

try to learn. try to read.

i told you at least 30 times I never bought a single ordinal.

poor lil guy cant think up an original insult so just uses the words of people he loves that promote other shady schemes
poor lil guy doesnt like me telling him his crap he defends is worthless so needs to defend it repeatedly, rather than admit the obvious.. its worthless
poor lil guy doesnt realise the junk is not even locked to an output, but is just meta data appended after signature, thats ignored by fullnodes

Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

https://www.youtube.com/watch?v=e67_1AieWdM

so you just create junk and try to sell it.. that explains more about your defensive posture
so your a scammer(creator), not a victim(buyer).. ok got it.. now cleared up..

ok then dont take my "poor lil guy" as sympathy of him not wanting to admit he has been scammed and is a victim..
take it as "poor lil guy" as a character slur of a guy with failed sales, hoping/wishing if he can hold onto his junk long enough, some future dupe will want to buy it if he just waits long enough to become "rare" "original" "classic" "vintage"

now read carefully, your junk is still worthless

the ring tone is worth $0 and will remain worth $0 even if you scam a victim

[FeeBuddy]

     

• fastestFee: 11 sat/vB
• halfHourFee: 11 sat/vB
• hourFee: 11 sat/vB
• economyFee: 10 sat/vB
• minimumFee: 5 sat/vB

[FeeBuddy]

     

• fastestFee: 21 sat/vB
• halfHourFee: 18 sat/vB
• hourFee: 15 sat/vB
• economyFee: 6 sat/vB
• minimumFee: 3 sat/vB

[FeeBuddy]

     

• fastestFee: 25 sat/vB
• halfHourFee: 22 sat/vB
• hourFee: 18 sat/vB
• economyFee: 10 sat/vB
• minimumFee: 5 sat/vB

[FeeBuddy]

     

• fastestFee: 11 sat/vB
• halfHourFee: 11 sat/vB
• hourFee: 11 sat/vB
• economyFee: 8 sat/vB
• minimumFee: 4 sat/vB

[stompix]

Feebudy is getting left alone longer and longer,  I hope bitmover doesn't blame us if it grows up to be a terrible adolescent.

But, we're touching the final bits of the 10sat/vb wall, ordinals are being replaced by consolidations:

and with just 28vMB till single digits I think were going to finally see them at the end of the weekend, no matter how much consolidation will be thrown at the mempool these days.

You're optimistic imo, I personnaly believe that 99% of new users are just buying/holding on a CEX and won't use the network itself.. so I'm not sure that fees are so important for most of newcomers

And you're far too pessimistic, the number is obviously around 98%!

Most users wont even use wallets that allows them to customize their fees.

Look at the bright side, we're still at a level where if they wanted the majority could withdraw their coins to their own wallet, they still deal even if on CEXs and custodial wallets with bitcoin, what I'm more afraid of is to slowly leaning towards gold IOU like ownership.