SteemitPublication cryptocurrency topics #1
Bitcoin fees have spiked again, $20 USD for 1 confirm transactions!
By: @blocktrades
Please be aware that bitcoin transaction fees have spiked again, delaying a number of bitcoin transactions sent from our site in the past 13 hours (in other words, we have sent transactions that haven't yet confirmed after 13 hours).
I once again repeat my recommendation to use Doge, Litecoin,or ETH if possible if you are ultimately trying to get to your native fiat currency. A similar recommendation applies if you are trying to buy from our site: if you are in a hurry to make a purchase, right now I would suggest paying with something other than bitcoin until the congestion on the network subsides.
Current fees for bitcoin are here: https://bitcoinfees.earn.com/:
The fastest and cheapest transaction fee is currently 490 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 110,740 satoshis.
For current BTC price of $18,111 USD (price from coinmarketcap), that is:
0.00110740*18111.6 USD = $20.05
for a "median" size transaction, but bear in mind that your transaction can easily be 50% larger (in which case you pay 50% more, that is $30 USD).
Please note that if you're waiting on a bitcoin transaction from us, it will arrive (we pay a fairly large fee to make this happen), but you can likely expect delays.
BBitcoin (BTC) Evening Update: Two Paths but Same Destination...$23,000
By: @haejin
SUMMARY
Bitcoin (BTC) daytime price action enables the below chart pattern; an a,b,c,d,e triangle. This could be seen as a fractal to a prior triangle (Fractal #1). If so, we can use the subsequent price surge out and above the triangle as guide for the future price pathway for Fractal #2. This is my primary count with an aim towards $23,000.
The Alternate count is shown below. There could be an a,b,c correction via a bear flag. This would not change much given that once the five subwaves of the red c wave are complete, price will turn and run towards $23,000. This alternate count is a different path but destination remains the same!
Read more: @ blocktrades, @haejin
Thanks very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
your CryptoInvestmentExpert