Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
iCEBREAKER
on 16/07/2015, 17:53:05 UTC
My definition of actual congestion is "appropriately competitive fees no longer prioritizing their tx."

What is your definition?

1.  mempool:  57000 0conf-Statoshi,  11000 Tradeblock
2.  avg wait time for 0confs=45-60 min Chain.so
3.  Mycelium no longer able to prioritize fees
4.  continued complaints on Reddit of stuck tx's even with higher fees.
5.  continuous stream of full blocks and functioning full nodes indicative that the capacity for bigger blocks exists today.
6.  TPS able to spike to >100 when needed indicative of greater bandwidth than initially thought.
7.  continued lack of wallet development for fee feedback.
8.  full blocks creating new deviant behavior.

That's an ad hoc (IE non-generalizable) mish-mash of random observations, not an objective definition.

"Complaints on Reddit"

Oh dear sweet Jahbulon, please have mercy on those you have cursed with intelligence...   Cry