Zapread is having the same issue as well as Cobo Wallet. Wallet of satoshi seems to be working fine
Nothing to tell.
I noticed strange activity on the ZapRead LN node. I have stopped it for the time being. Apologies for the inconvenience. I will investigate but hopefully there is no issue.
It looks like some kind of bot activity making withdraws.
I'll follow up with an update once I sort it out.
Satoshi Nakamotto message to Blockstream and Blockstream minions.
Either you let my project grow like I wrote or I will start to move more coins. It was 50 coins this time, next time it will be more. I rather kill my own child than let it grow to the abomination you people have created.
You should download the application call Bitcoin fees so that you can check how high your fees should be and to also check how much time you will have to wait 8f you place your fees below a certain fee rate.
Fees for next block are around $3.00
Price of Bitcoin is going up as well as fees.
Want to avoid paying those fees, you should use Centralized wallets like Phoenix, cobo wallet and wallet of satoshi. Use custodian centralized wallets to save up on transaction fees. Or you could pay $3 to open your own channel and reserve another $3 to close it. So make sure your channel liquidity is greater than 0.001 btc otherwise your channel will be useless.
Since I have discovered this website I have been getting around 1 penny a day, I know it is not much money, but by just writing your ideas you get a little donation.
I am pretty sure you could get more money by publishing your content in other websites but the point is at still in 2020 you can still get some free money, you never know when those 5,000 satoshis you received in 2020 now is $5000.
I would say it doesn't hurt to try to right something and make your ideas known, I have written even negative ideas here and I have not been censored in any means or form so far.
So I would personally recommend this forum.
While Bitcoin holders will like to tell you that the FED is printing money and as such inflation will hit at some point, same problem is happening in the crypto world as well.
Tether USDT is the Federal Reserve equivalent in the crypto world they have been busy printing usdt for a very long time now, and you can't audit tether, just like the Federal Reserve.
Everytime tether prints Bitcoin goes up in value, eventually this price manipulation will have ita affects.
The Tether USDT printing will result in a price dump once the whole market realizes that.
We have the effects of the halving happening, we have the effects of blockstream hostile takeover and now we have another attack point tether USDT.
The 1mb block limit will have its effects and it will show in the form of a price action, same with the tether cartel, and Bitcoin halving, all of those are an attack vector in the Bitcoin as a currency .
You may think that giving for fees to miners is a good thing, you may think that tether printing machine is a good thing, and last blockstream takeover as well but eventually all of those will show and reflect what they are which from my point of view just another attack vector.
You can be bullish because you just bought but if issues continue investors will realize it and dump it, you see rich people are rich because they take care of their money and the rich investors know the issues BTC has.
I am bearish on Bitcoin because Fromm my point of view Bitcoin has totally fail as a currency, like Andreas said if fees are high the whole project is a failure. The only difference is that I am declaring Bitcoin as a failure before you, if btc can't fullfil its first utility which is currency 4han all others are just as bad, chicken and the egg problem here.
Now once every realizes that Bitcoin nolonger is a currency than at the point price will dump. Remember btc most important goal is to be money or a currency after that store of value and digital gold will follow, you can't be store of value if you are not a currency first, and since btc has failed as a currency so it will also fail as a store of value as well. I am declaring that btc as a currency has totally fail,ND it is just a matter of time before everyone else notices that, but eventually it will happen, and inflation in the US dollar will not save you because tether USDT printing machine is printing as well.
In just as little as two hours btc miners will get less Bitcoin, and now they will want even more fees from us the users.
Well the miners decided to make Bitmain rich instead of buying the btc and holding, so now let them cook on their own stew.
I am happy they are losing and I hope 90% of them go to hell and lose everything they deserve it for making Bitmain rich instead.
And what a better way to screw the miners if not to do the BTC price as well. You see from my point of view those that made Bitmain rich deserve to lose it all. And those that use the abomination call usdt tether to manipulate the price I also wish them I'll.
Bitcoin will get rid of bad players by making their investment worthless. Miners could had bought btc instead of mining equipment so they deserve to lose that money.
Those that hold tether also deserve to lose it all. That is another flee that btc will get rid off.
And the next one will be blockstream and their minions.
Don't worry I am just playing with you but let us see what happens once the halving is done.
Developers are trying to set up the base fee higher than 1 satoshi, that is not their place but eventually you will see Lightning Network fees go up as well as on chain.
If the fees are base on markets, 8f the onchain fees increase so will the lightning or second, third layers solution.
The fact that developers are talking about increasing the fees means eventually the fees will go up, since node operators have btc real on this channels you will be force to pay up or don't participate.
If tx fees are $2 onchain your only solution is to go to another chain or just don't move your coins, when you start to think you shouldn't move your funds because fees are too high that is a state where the market will soon collapse.
Bitcoin is becoming a pay to play thing day by day in my opinion, now not only fees onchain are increasing that those fuckers want to screwed with LN as well. I guess you can forget about btc ln being a currency as well.
Don't be fool LN fees will increase it is just a matter of time, you will see in a few years. Right now it won't but little by little the 1mb cookie crumbles.