Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Bitcoin looking healthy again.
Yes, and blocks are still maxxed out.
The blocks are hardly maxed out ----- unless you are just making up shit in order to attempt to exaggerate some problem that is not even close to what the loud mouth FUDsters are attempting to portray.
Blocks floating around 65% at the moment... ... but they had experienced some peaks approaching 90% in recent days (within the past week)
At the time of writing, these were the latest blocks.
401423: 0 MB
401422: 976.48 MB
401421: 974.79 MB
401420: 974.77 MB
401419: 906.65 MB
401418: 0 MB
401417: 974.64 MB
401416: 912.66 MB
401415: 976.45 MB
401414: 974.72 MB
401413: 965.86 MB
401412: 974.55 MB
401411: 974.74 MB
Looks pretty maxed out to me (with thousands tx waiting in tradeblock's mempool). I guess I must be making it up, then.
BTW, you also could have looked at ChartBuddy.
ChartBuddy knows his shit -- I'm only making it up.
I've cited my sources as blockchain.info charts, and you cited your sources as chartbuddy? If someone could explain why blockchain.info is lacking in credibility, then that may be helpful. I really do not understand the significance of chartbuddy because I put through several transactions during supposed congested periods last week, and my experiences reflected those described in blockchain.info, which was relatively quick confirmations and finalization of transactions (in spite claims of fulblocalypse).
So, yeah, I don't think that these various claims of fullblocks really materialize into real world problems, and yes, I think that the blockchain is suffering from various spam/ddos attacks yet is still functioning pretty fucking well in spite of attempts to make it seem full and in spite of attempts to describe some kind of supposed tragedy in the alleged clogged up nature of the blockchain.
Those list of block sizes, I actually got them from blockchain.info as well. So I don't think that blockchain.info lacks credibility. I don't know about the average block sizes chart, though. The chart says the all time high was 876 B, which doesn't tell the whole story regarding block fullness if empty blocks and soft limited blocks are counted as well.
Of course, the "real world problems" of delayed transactions can be solved for a big part once all people are properly trained to guess the right fee, and wallets are updated to make as good a fee advise as possible. And sooner or later the use cases which require cheap transactions will be dropped. And all will be fine.
I just hope it doesn't come to that. I don't want Bitcoin's growth to stop. It seems we differ in that wish, and that's fine. Time will tell which crypto can deliver the desired volume, and how.