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Forrest Visions Cryptocurrency Newsletter Volume #1Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?
With the United States pumping in money into the economy, is Bitcoin going to be the new standard?
Lots of crazy stuff going on in cryptocurrency.
My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.
I honestly don't understand why people are writing about prices increasing lately. I really don't see it being the case! Bitcoin fluctuates up and down, but there is no significant breakthrough.
As for the article, why the fees increased after halving of 2020, it wasn't a permanent change. Just a few days ago I paid only $0.17 for a priority transaction of 0.015 BTC or something like that. Not to mention that the spike in the fees is nowhere near the one we've seen during Bitcoin ATH and is very similar to a spike that happened a year ago. Come to think of it, May-July seems like a typical time of increased transaction fees since ATH, although I don't know how to explain this.
