Login to reply
Replies (38)
one simple trick to afford those fees ... visit the bitcoin faucet website through the wayback machine and receive free 5 BTC
genius
😞
🤣🤣🤣🤣🤣
View quoted note →
sometimes my genius is... it's almost frightening
lol yes
GOOD MORNING WILL, MEMPOOLS WILL NEVER CLEAR AGAIN
So what do we do about it?
AS FEES INCREASE THEY INCENTIVIZE TOOLS THAT USE BLOCK SPACE MORE EFFICIENTLY.
USERS WILL USE THE TOOLS THAT HELP THEM REDUCE FEE BURDEN.
IRON SHARPENS IRON.
ODELL
High Fees? Bitcoin is Working As Designed
Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on...
At first I couldn’t believe shitcoiners use JSON instead of CBOR but then I remembered they’re shitcoiners and therefore subhuman
Never again!!
SAY IT LOUDER SO THE PEOPLE IN THE BACK CAN HEAR!
feels
View quoted note →
> 600 sat/vB, oh my, oh my :D
So, off-chain coinpay/joins it is then!
Seems like it's the path of least resistance out of this hole.
I mean "off chain" as in you put a tx onto one of these services, and when a bunch are gathered a cheaper transaction is constructed, and that defeats their spam atack.
It will also be a spectacular backfire if intels are behind the Ordinal cultists.
Fedimints requiring one transaction for a crowd of users.
Exactly. Pain incentivises innovation.
But it sucks that they pay less for than transactions for the same block space 🤨
... and coinjoins are priced out. :(
lol
Meanwhile small users are priced out of using Bitcoin as money. Because of ordinary spam.
Amethyst markdown formatting applied 🤭
https://image.nostr.build/0550768bed446cbb2e4c7a40b1c294922a6da14356de580c3080124b2491865b.jpg#m=image%2Fjpeg&dim=640x201&blurhash=Q55q%40Z%7EVt1oaxtt7kDM%7DE2%25M%25Lt6RjaxozWCRjRk9GE2RoM%7CRjj%5BoJt5xZ&x=680425b03681c33120ee0d23dbcf0c33101f2fdd09ad4a757807f3751a6dc377
THANKS ODELL FOR ALWAYS BEING CONSISTENT.
M E M P O O L S W I L L N E E E E V V V E E R C L E A A A R R R A G A I N
Bitcoin has achiveed escape velocity.
@hodlbod your app doesn't display my extra spaces please fix.
Activate bip300 and bip119
My monthly UTXO consolidation.... *cries*
ok in noStrudel
it's not markdown or html so it shouldn't be unspaced.
Nature always heals itself, just have patience 🫂🐶
Unfortunately most likely more shitty tradeoff tools.
AKA Custodial tools and Custodial (but we are going to do fancy marketing so don't think about the fact it's custodial) tools.
I know it's inevitable at this point so it is what it is.
1sat/vbyte pleb pool soon?
View quoted note →
Yeah, but what we do in the mem time?
bro just go to mempool.space, connect a playstation controller and input the konami code works every time
Higher fees make it even easier to Hodl down. Does not break my spirit. Hope traders get burned. Trading Bitcoin is fools fiat.
🤣 Yep
One of the most important problems in Bitcoin is how to onboard a billion users.