@Stormpix
You called the chart I drew arbitrary while it was derived from the same data you had posted...
I proceeded to post all of the data and formulas used in the chart and graphs and you're still dismissing it.
Seeing that you're genuine I'm intrigued to simplify the argument.
The hypothetical scenario is that if we were to run a simulation where no other variables existed, price and fee value would have a perfect correlation.
Great example by you here:
At a hypothetical price of $9.000 per BTC, the cost of the transaction would be $4.3425.
So for 90k$ per BTC we will have 43$ on average.
And for 900k$ we will have 430$ on average.
Of course, with real world usage there are many more variables to account for. But there's still a correlation. A correlation coefficient of 0.42848 indicates such.
Don't get me wrong, correlation does not imply causation. That's not what I'm implying.
So, if the mempool goes up, so does the average fee.
Great find. There's probably a big correlation between mempool size and fee value too.
Most likely that would also correlate with price also. Makes you think, right?