Honestly so sad, maybe we are a huge joke
Discussion
so Honestly maybe joke a huge are
sad, we
I see the nonstop complaining about empty mempools and I don't get it. Can you explain exactly why this is bad?
I'd like to know as well, do these people extrapolate that if blocks aren't*always* full then Bitcoin has no long term value? Miners seem to think otherwise or the hash rate wouldn't be at 950 EH/s
I believe we need empty mempools to shrink the large centralized mining operations and grow the small decentralized miners.
I hope tx fees stay flat for a LONG ASS TIME. Even still, we face a severe uphill battle to wrest control of bitcoin away from the mining pool cartels. It's gonna be a hard fight. Let's stop wasting our energy hand wringing over fee rates.
I actually agree with exactly this. Take advantage, open channels, consolidate utxo's... And maybe it's an opportunity to spread the hash. Fees are down, demand for miners goes down, price for miners goes down, more opportunities for others to get into mining.
The ASIC miner is the AK-47 of the digital age. We need more people mining, not just hash rate.
You can pay moar if you want, big miner company are hungry, they need your fees 
The transactions happen internally/centralised on exchanges? With etf's?
Nice to meet you friend ๐ค๐
This just shows that people are using LN.
Bitcoin is not becoming irrelevant, but itโs in a low-demand phase right now I guess and this could be part of normal cyclical behavior... ๐คท๐ปโโ๏ธ
Nice to meet you friend ๐ค๐
Mixed Feelings when I look at it, but this is how the free market works.
HODLin is using. I will hoard to protect against future uncertainty without permission.
Transactions moving off chain. Risk grows. Something breaks. Volume
moves back to on chain transactions. Cycle repeats.
Nice to meet you friend ๐ค๐
One sec, let me ironically zap this the hardest money known to man, instantly, and privately, without an onchain transaction
Based
Why use the blockchain when you can just buy with Blackrock? Why hold your own seeds when itโs risky? Why stress about freedom when the vast majority of humans are meant to be slaves? Staying optimistic gets exhausting sometimes
Did we over-estimate the urgency in the need for Lightning or is everyone too broke to spend? ๐ค
Seems like only yesterday everyone was warning about the need to consolidate utxos to avoid high fees.
lmao 58 transactions in a block๐
It seems to have been a "misplaced" block, found at the same minute as the previous one (899380).
It is what it is. Lightning has made it so you donโt have to wait 10 minutes for confirmation.
As merchant adoption grows hopefully on chain settlement grows.
The last high fees environment made the Network more efficient. There will another one caused by new users.
Low fees are great for users. Volume has also moved to lightning. Whatโs the concern? That miners arenโt getting more fees?
Nice to meet you friend ๐ค๐
"free market" quotes come to mind.
let's see what happens in 3 years
Next halving? We know NgU and the subsidy will be equally as good as now
Perhaps a better question would be what happened in the past few months that the mempool got empty. Bitcoin didn't change. Something else has.
Nice to meet you friend ๐ค๐
whats sad is how more miners aren't switching to ocean.
Nice to meet you friend ๐ค๐
Or maybe itโs just a sign the lightning network IS the alternative for moving sats ๐งก
Nice to meet you friend ๐ค๐
What's the real problem with this mempool? ๐ค
Time for some channel management ๐