FTX US’s wallets appear to be hacked, $600M leaving the exchange

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by kevinak on Saturday November 12, 2022 @07:52AM (#33572559)

You need to start backing up your statements with facts. Please show us that bitcoin fees are "often not" cheap at all.

Here's some actual data you can look at: https://mempool.space/graphs/mining/block-fee-rates#all

Look at the "Min" fee rate; regularly very close to 1. That's $0.02 at current prices.

[ Parent | on HN ]

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by Stention314 on Saturday November 12, 2022 @04:03PM (#33577048)

Sources? I was buying and transferring bitcoins over 8 years as I bought weed through it.

Of course you can even pay 0 but you know it's not the normal someone would wait days for the transaction going through.

You clearly did not use Bitcoin often enough otherwise you could just looked the spikes up yourself. That first corona year was even worse with the fees.

[ Parent | on HN ]

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by kevinak on Saturday November 12, 2022 @06:26PM (#33578281)

That's not a source.

I literally posted a source showing you it's very cheap. The minimum fee is the lowest fee you'll pay to get into the next block.

I used Bitcoin way back in 2010. Though I don't understand why that makes a difference since you can look up the prices in hindsight.

[ Parent | on HN ]