And yes, the 250Kb artificial constraint seemingly has had an immediate effect upon fees!

So, despite the block reward being >$1000, and not due for halving until 3.75 years time, fees are forced to do a moonshot.

Is there now to be an arm-wrestle between the bitcoin-happy public and dice gamblers as to who can tolerate the highest fees? It has been noted how thick-skinned gamblers are to fees. Will we see the whole network exist solely to support dice gamblers? Is that the future for Bitcoin?


http://blockchain.info/charts/transaction-fees-usd