Post
Topic
Board Bitcoin Discussion
Re: Mempool Observer Topic
by
cryptosize
on 04/01/2024, 23:15:38 UTC
although there are still incoming transactions seems like nobody is that eager to pay over 100sat/vb for a tx.
I wanted to discuss a thing that I noticed for a long time but didn't ask.
Sometimes I notice that some people replace their transactions with fees like 1000 sat/vB even though the recommended fee was around 100 sat/vB. Their previous fee was already enough to include their transaction on a block but it was waiting to be included in a block. But the person keep bumping it from 500 to 600 sat/vB and then 600 to 1000 sat/vB. Should I call them dumb people?
For example, look at the image below  Cheesy

No, they're not dumb, they're most likely bad actors trying to raise fees permanently. Wink