Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
bob123
on 31/05/2020, 11:04:09 UTC
The halving definitely shook the fees up quite a bit, it should be dropping slowly now

If you look at the fees of the past 24 hours, they are quite low again.




A 1 sat/B transaction will be confirmed within the next few blocks.
A 2-3 sat/B transaction is almost guaranteed to be confirmed within the next block (if no sudden spike happens).



Especially with halving, bitcoin fees should increase. Do the solution I have mentioned, because that is
the only way for the time being.

The halving already occured.
And the adjustment of the difficulty also took place on May 20.
The next adjustment will be on Thursday evening. The change will be roughly between -11% and -10%.

So even when there are a lot of transactions happening (which is definitely not sunday), fees should normalize again.