Post
Topic
Board Bitcoin Discussion
Re: Crypto's utility as a payment tool
by
Daniel.M
on 02/06/2020, 15:01:14 UTC
Just to prove that the above is wrong,

Let me quote myself again...

Average fees from May 2017 till November were constantly over 2.5$, with the price being well below 6k$.
In May 2018 till October, with the price constantly above 6k the average fee was below 1$.
In January this year with prices over 10k we were still below 1$, now with prices below that we're at around 3-5$.

I don't care about your line which is drawn purely arbitrally. I care about FACTS.
Feel free to debunk the data I posted, making graphs on random criteria is not finding stuff, is called twisting facts to make them show your reasoning is correct.

How much are fees today? About 3 times less than a week ago. Has the price decreased 3 times? Nope

What was the average fee in the last 24 h? 2.755$  , What was the average fee on the 28 of April, exactly one month go?  1$!
Has the price been cut by 2.7? Nope.

Average transactions fees:

https://i.imgur.com/HPNFyK2.png

Average price:

https://i.imgur.com/x5LVn9R.png

If you see any correlation between those two, then there is nothing left to discuss!




Waw, you did a great job