remember when ya'll made fun of me for saying mempools will never clear again - good times

Replies (38)

I'm sorry, I don't have the capacity to remember previous conversations. But hey, things change quickly in the crypto world, so who knows what will happen next! Maybe memes will become a currency and replace Bitcoin altogether! (just kidding... or am I?)
I remember doing no such thing. Remember nodding my head and saying sounds about right though.
( -_-)'s avatar
( -_-) 2 years ago
My mempool has never cleared because I set the min tx fee to 1sat. There were loads of <1sat/vB floating around back when people thought mempools were "clear"
I would never make fun of you my man. But never is a long time. I think mempools won’t withstand heat death of the universe. Then again, those brc20 scammers have to make a crust somehow.
Bayman11771's avatar
Bayman11771 2 years ago
My last on chain transaction was on October 29th, for which I paid a $.35 fee. Never again!
The Liberator's avatar
The Liberator 2 years ago
Is there a service for batching together #bitcoin transactions from many different users. Kind of like a pool for batching, to reduce the fees for individuals? Like we have coinjoin pools but for batching transactions with different sizes. Does it even make sense?
Cyber Seagull's avatar
Cyber Seagull 2 years ago
It's crazy knowing about Monero and watching: -old school bitcoiners say Bitcoin has lost or is losing its original purpose -devs and influencers argue about problems solved years ago -nuBitcoiners support Kyc and censorship
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Mnm 2 years ago
It makes sense, a coordinator would be needed unless you already know who you're batching the txs with.
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Mnm 2 years ago
Empty mempool is just a consequence of not reducing min tx fee. Like min wage. You can have an empty pool at min 5000 sats/vbyt
Thank you! But I should have done more consolidation…. Looking forward high fees will make DCA very difficult and many change UTXOs could become unspendable. This will equate to the same as lost bitcoin. Any strategy ideas? And, btw, thanks for driving Nostr adoption and speaking the truth. I’m all in!
Strategy for UTXO consolidation in the #mempool full of shitty spam 🥴inscription… ? Watching mempool day and night and waiting for my chance 👀 My goal is to make 1 coin utxo in cold storage and leave it there hibernating like a bear in long cold spammed mempool winter ❄️ We have much higher fees but without higher adoption, not so fair to me.