nazarewk 2017-01-15 23:56:05
am i right that this transaction has 247 satoshi per byte fee? https://blockchain.info/tx/3443beb724fc0143eab8ede8cbf55abb082ffedc7155553671136de9d021f646
piqure 2017-01-15 23:56:07
^^^ WARNING: any URL may lead directly or indirectly to COIN-STEALING MALWARE! ^^^
nazarewk 2017-01-15 23:56:34
and according to bitcoinfees it is like 3 times too high?
mryandao 2017-01-16 00:07:41
midnightmagic: why do you think that miners are "pretending to be honest"
mryandao 2017-01-16 00:08:23
the fact that there exist full node operators, network users have leverage over miners
mryandao 2017-01-16 00:08:53
if they misbehave, then that obviously signal severe consequences for all miners
weex 2017-01-16 00:29:01
nazarewk: it's pretty high. maybe they didn't want to have any doubt? nice thing about a market...
nazarewk 2017-01-16 00:33:57
except its my bitcoind instance which i did not tweak
nazarewk 2017-01-16 00:34:09
and has 3 confirmations target
nazarewk 2017-01-16 00:34:34
estimatefee is currently 0.0007 for 3 confirmations
nazarewk 2017-01-16 00:34:41
not sure what can i do about it
nazarewk 2017-01-16 00:34:53
its hell of an overpay
krashan 2017-01-16 00:37:38
nazarewk: Get used to it.
marijn 2017-01-16 00:38:20
you can hope for segwit and lightning
nazarewk 2017-01-16 00:38:36
is it something with current state of network?
nazarewk 2017-01-16 00:38:38
or just my node
krashan 2017-01-16 00:38:48
Segwit won't change it iMHO
krashan 2017-01-16 00:38:56
nazarewk: Network.
krashan 2017-01-16 00:39:36
nazarewk: Overloaded with transactions, so miners pick only transactions at given level of fee.
cannon-c 2017-01-16 00:39:46
segwit while good, I dont think will make tx fees less if same proportion of transactions to blocksize/weight is the same
nazarewk 2017-01-16 00:40:00
according to bitcoinfees.21.co i'm paying half more than the highest bracket
nazarewk 2017-01-16 00:40:17
even though i've 3 blocks target
cannon-c 2017-01-16 00:40:27
segwit is not a scaling plan, but some are marketing it as
nazarewk 2017-01-16 00:40:34
this doesn't sound right at all
krashan 2017-01-16 00:40:44
nazarewk: Have you checked your transaction byte size?
krashan 2017-01-16 00:40:57
nazarewk: If it has a lot of inputs, it explains.
nazarewk 2017-01-16 00:40:58
yeah, half kilobyte
nazarewk 2017-01-16 00:41:34
and i paid fee of 0.004
nazarewk 2017-01-16 00:41:42
which makes it 267 satoshi per byte
krashan 2017-01-16 00:41:55
Sounds very high in fact.
nazarewk 2017-01-16 00:42:02
which is almost 5 times the estimation
nazarewk 2017-01-16 00:42:09
for 3 blocks
nazarewk 2017-01-16 00:43:17
i am pretty sure this is the case for whole last week
nazarewk 2017-01-16 00:43:31
i blamed it on the network overload, but doesn't looks like it right now
Xanather 2017-01-16 00:44:24
krashan, I think its wrong terminology to say the "network is overloaded with transactions"
