Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 15/01/2016, 14:39:32 UTC

100% filled block and price on the downside, not a good morning for me at the moment.
I need some coffee to wake up and analyze WTF happened tonight

Also note the subtext. We had one block found in an hour. It took *three* blocks after that for the backlog to clear. Then we had an hour with two blocks.

An artificially low block size limit means that backlogs won't clear quickly, no matter what fees are in use. The only answer is some stupid bidding war apparently.