Quote from: White sugar on May 17, 2017, 02:47:36 AM

Quote from: Wind_FURY on May 17, 2017, 02:45:30 AM

Quote from: freedomno1 on May 17, 2017, 12:43:51 AM

Quote from: kvlolo on May 17, 2017, 12:42:17 AM

According to https://bitcoinfees.21.co/, it needs 420 satoshis/byte to get fast confirmations. Anyone know why the fees are going higher and higher?

Wow 420 time for the weed references.
But to answer your question too many transactions occurring and not enough space to process the transactions at 1mb.
https://en.bitcoin.it/wiki/Block_size_limit_controversy

Yes and I would like to add that the cause of this is network spamming. There is someone out there who is constantly spamming and flooding the mempool to slow Bitcoin transactions down. Some say it is Roger Ver the others say it is Core's doing.

Whoever it is I can imagine him doing the evil villain laugh everytime he starts spamming.

Core people want to keep the status quo with 1MB blocks, spam the network would work against them

The big blockers claim the opposite. It is Core doing all the spamming because they want more attention on the scaling debate and the need for Segwit activation and offchain scaling. That is a valid point but the same could also be said with BU. They also have interests in scaling Bitcoin but doing it onchain. The worse thing is the want to hard fork the network away from Core. I have no problems with that only if the BU developers have proven to create better code and are better developers than Core.