I predict we will see a massive fee spike on block 800k from the ordinal degens
Over 200 sat/vB in a few hours
Discussion
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I thought we'd see that at 777777 but it didn't materialize
I hope they're out of money
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I made the investment to consolidate my UTXOs a few weeks ago.
I feel really good about the current alignment of my HODL stack.
It's now a 10x+ reduction in fees from what I paid to clean it up when/if I ever need to move again.
What did you do? Send everything to another wallet and then back as a single UTXO or did you target a base number?
You can just generate a new address in your current wallet and send your whole balance to it
Thatβs what I do
You can send to a internal address in the same wallet???
yes, privacy tradeoffs to consolidation, but good use cases too
Generated a new address & sent nearly the entire balance to that.
Then generated another new address and sent all the sats I had accumulated on KYC exchange to that.
Sure. I kinda doxed myself, but It's too hard hiding from the buggy man.
Apparently block 800000 passed by with no fanfare. All the ordinals lined up to 48 blocks deep do not think 800000 is worth spending more fees on, lol.