>>At what point will the backlog of unconfirmed transaction affect BTC price?
I don't see how it can be a total non-issue, nor the logic that people don't really transfer them therefor
they don't suffer the problem first hand. The transactions come from use by definition, no?
Investment in/deployment of the underlying technology is sprouting like weeds. That inertia combined
with btc owning the top spot combined with pure speculation provides inertia to the price, but
multi-day waits and way-too-high fees will surely take a toll.
Market share loss has already been significant... but when, how high, and does a solution front-run
any serious damage? No idea, but I'd like to know as well.
You summed that up very well. Please share with us you you tink might happen if you had to guess.