Post
Topic
Board Bitcoin Discussion
Re: Time to quit now, network getting worst
by
Hazir
on 15/11/2017, 05:45:06 UTC
Network getting worst....there still about 90K unconfirmed transaction and transactions cost become so high.

This always has been a problem - but we can't do really anything about it as bitcoin is gaining more and more recognition -
on chain solution to boost network capacity might not be enough in the end.
If this keep happening, price will drop into shit soon....it could lead price to below 5K soon
I doubt it - it will be rather otherwise and we will sooner see $10k BTC than $5k.

I'm not crazy enough to spent fee 15 - 50 $/transaction. If i only sent 1 transaction per day, maybe just fine.

At moment, transactions very low, only about 6tx/second (average for 24 hours). If there bigger transactions, definitely there will be more unconfirmed transaction, doesn't matter how much fee you willing to pay.
If you wish you can always sell off all your coins and never look back - I get the impression that you might be making a big mistake here if you would leave Wink