Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Karartma1
on 16/01/2016, 09:47:42 UTC
Quote from: Richy_T on January 15, 2016, 02:39:32 PM
Quote from: Karartma1 on January 15, 2016, 08:53:23 AM
Quote from: luckygenough56 on January 15, 2016, 07:59:14 AM
Quote from: Richy_T on January 15, 2016, 06:57:10 AM







 Cheesy

100% filled block and price on the downside, not a good morning for me at the moment.
I need some coffee to wake up and analyze WTF happened tonight

Also note the subtext. We had one block found in an hour. It took *three* blocks after that for the backlog to clear. Then we had an hour with two blocks.

An artificially low block size limit means that backlogs won't clear quickly, no matter what fees are in use. The only answer is some stupid bidding war apparently.

Oh shit I did not see that at all, thanks for pointing that out and I think you are right on this one
Quote
The only answer is some stupid bidding war