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Author Topic: Mempool Observer Topic  (Read 11762 times)
FeeBuddy
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May 03, 2024, 03:59:54 PM
 #841

     
  • fastestFee: 24 sat/vB
  • halfHourFee: 21 sat/vB
  • hourFee: 18 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 03, 2024, 09:59:55 PM
 #842

     
  • fastestFee: 27 sat/vB
  • halfHourFee: 23 sat/vB
  • hourFee: 20 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 04, 2024, 03:59:54 AM
 #843

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

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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FeeBuddy
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May 04, 2024, 09:59:54 AM
 #844

     
  • fastestFee: 27 sat/vB
  • halfHourFee: 25 sat/vB
  • hourFee: 22 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 04, 2024, 03:59:54 PM
 #845

     
  • fastestFee: 32 sat/vB
  • halfHourFee: 31 sat/vB
  • hourFee: 29 sat/vB
  • economyFee: 14 sat/vB
  • minimumFee: 7 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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bitmover
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bitcoindata.science


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May 04, 2024, 07:34:57 PM
 #846

I would still be concerned to try to send transactions as low as 12-13 sats per vbyte, even though it does look like they might have decent odds of going through in the coming days,. but surely if there was some desire to consolidate UTXOs, then we would be wanting to get as low a fee as possible, so maybe 15 sats per vbyte with a single input is still going to run about 1,650 sats.. which is about a $1 at current prices.  

And I still have  hundreds of UTXO to consolidate.i simple Won't consolidate at such fee rates.

I still believe we will see 1 sat vB again. If not in the next months, in 2025.

.
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FeeBuddy
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May 04, 2024, 09:59:54 PM
 #847

     
  • fastestFee: 46 sat/vB
  • halfHourFee: 40 sat/vB
  • hourFee: 34 sat/vB
  • economyFee: 16 sat/vB
  • minimumFee: 8 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
JayJuanGee
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May 05, 2024, 02:25:54 AM
 #848

I would still be concerned to try to send transactions as low as 12-13 sats per vbyte, even though it does look like they might have decent odds of going through in the coming days,. but surely if there was some desire to consolidate UTXOs, then we would be wanting to get as low a fee as possible, so maybe 15 sats per vbyte with a single input is still going to run about 1,650 sats.. which is about a $1 at current prices.  
And I still have  hundreds of UTXO to consolidate.i simple Won't consolidate at such fee rates.

I still believe we will see 1 sat vB again. If not in the next months, in 2025.

Let's say that you have a bunch of UTXOs that are $10 or less.. I am not sure how you would have very many UTXOs smaller than $10 because the BTC price has gone up quite a bit, so even if you were receiving transactions for less than $10, the price has gone up too.. .. but  yeah the UTXOs could be problematic anywhere between $10 and $100.. and at the same time, I still have difficulties expecting to be able to process transactions less than 5 sats per vbyte on any kind of a regular basis, and maybe we will have similar kinds of difficulties in processing transactions less than 10 sats per vbyte.. -especially on a regular basis, so yeah, I was saying 1,650 for the whole transaction at 15 sats per vbyte (which was currently about $1.,, so yeah maybe getting some for $0.50 .. but then we expect the BTC price to go up and some other efficiencies to be created, but still at the same time ongoing increasing adoption.. So, I having trouble considering those low on chain transaction fees, except maybe once in a while having some temporary dips.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
FeeBuddy
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May 05, 2024, 03:59:54 AM
 #849

     
  • fastestFee: 30 sat/vB
  • halfHourFee: 29 sat/vB
  • hourFee: 28 sat/vB
  • economyFee: 14 sat/vB
  • minimumFee: 7 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0


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May 05, 2024, 09:59:54 AM
 #850

     
  • fastestFee: 508 sat/vB
  • halfHourFee: 480 sat/vB
  • hourFee: 431 sat/vB
  • economyFee: 22 sat/vB
  • minimumFee: 11 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 05, 2024, 03:59:54 PM
 #851

     
  • fastestFee: 29 sat/vB
  • halfHourFee: 28 sat/vB
  • hourFee: 28 sat/vB
  • economyFee: 16 sat/vB
  • minimumFee: 8 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
bitmover
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May 05, 2024, 04:53:26 PM
Merited by JayJuanGee (1)
 #852

Let's say that you have a bunch of UTXOs that are $10 or less.. I am not sure how you would have very many UTXOs smaller than $10 because the BTC price has gone up quite a bit, so even if you were receiving transactions for less than $10, the price has gone up too.. .. but  yeah the UTXOs could be problematic anywhere between $10 and $100.. and at the same time, I still have difficulties expecting to be able to process transactions less than 5 sats per vbyte on any kind of a regular basis, and maybe we will have similar kinds of difficulties in processing transactions less than 10 sats per vbyte.. -especially on a regular basis, so yeah, I was saying 1,650 for the whole transaction at 15 sats per vbyte (which was currently about $1.,, so yeah maybe getting some for $0.50 .. but then we expect the BTC price to go up and some other efficiencies to be created, but still at the same time ongoing increasing adoption.. So, I having trouble considering those low on chain transaction fees, except maybe once in a while having some temporary dips.

My UTXO are from signature campaigns. I have basically 1 per week since I joined the forum in 2018. About 340 weeks? (actually I consolidate already some of them, but not all)

I still have others utxo from other earning. But well   I have lots of utxo.

.
.BLACKJACK ♠ FUN.
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FeeBuddy
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May 05, 2024, 09:59:54 PM
 #853

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

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 06, 2024, 03:59:54 AM
 #854

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

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
Data from mempool.space.
FeeBuddy
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May 06, 2024, 09:59:54 AM
 #855

     
  • fastestFee: 28 sat/vB
  • halfHourFee: 26 sat/vB
  • hourFee: 24 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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FeeBuddy
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bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0


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May 06, 2024, 03:59:54 PM
 #856

     
  • fastestFee: 25 sat/vB
  • halfHourFee: 24 sat/vB
  • hourFee: 23 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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FeeBuddy
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May 06, 2024, 09:59:53 PM
 #857

     
  • fastestFee: 51 sat/vB
  • halfHourFee: 44 sat/vB
  • hourFee: 37 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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FeeBuddy
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May 07, 2024, 03:59:54 AM
 #858

     
  • fastestFee: 18 sat/vB
  • halfHourFee: 17 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB

bitcoindata.science - Donate here bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
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May 07, 2024, 04:21:51 AM
 #859

The fees have come down quite a bit. It looks like the spammers have run out of either the desire or the money to overpay to get their images onto the blockchain. On the one hand it was clear that the most interesting thing for them was to put them in the halving blocks and nearby and on the other hand that the money does not last forever. Let's see if we get below 10 sats/vByte over the weekend.

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May 07, 2024, 04:44:15 AM
 #860

The fees have come down quite a bit. It looks like the spammers have run out of either the desire or the money to overpay to get their images onto the blockchain. On the one hand it was clear that the most interesting thing for them was to put them in the halving blocks and nearby and on the other hand that the money does not last forever. Let's see if we get below 10 sats/vByte over the weekend.
I'd like to believe that but in my opinion, they're probably waiting for the time that bitcoin is going to be pumping towards a new ATH because that's where the money will be right? They pump the fees with their images and inscriptions while the price is going up and then those that want to sell their bitcoins will have to face the high fees to get their bitcoin out of their hands to get the profit. I hope you've got the angel's tongue and that happens, maybe even lower, I plan to move some bitcoins to a new address after all and I don't like the idea of paying huge money to move small amounts of bitcoin.



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