Quote from: bettercrypto on Today at 06:44:50 AM

Quote from: MythicalPikachu on April 22, 2023, 12:20:08 AM

Recently, if you've been on Mempool, Bitcoin has had many transactions going through the blocks, causing high fees, I was paying about $3-5 per transaction a week ago and now I'm down to $0.2.-0.5 per transaction. Is anyone else effected by this? Miners are great and have made the 108 block backup into a 7 block backup in a week, keep going miners!

I also noticed that the other day, the transaction fee is quite high now if I compare it to last week. I even read that the transaction reached 38$ something out of his 180$ withdrawal.

I don't really understand why the fee is so high now in bitcoin when you make a transaction that once we check in the mempool,
the fee is so expensive. I hope it goes well somehow.

There was a fee spike caused deliberately by Udi, Taproot Wizards, and their sheep followers who send them real bitcoin to get some fake ponzi token that they paid for with REALLY HIGH SAT PER BYTE FOR 1 of 2 Reasons:

1. They are using some custodial wallet participating in the coordinated spam attack on the Bitcoin base layer.

2. They are people like Udi who enjoy wasting money on fees to brag about making others pay more for casual payments.

They have also been enlisting Bots of the shiba and dogecoin pump n dump type that spam twitter everyday causing tons of newbs to get scammed as well.

Only way to avoid this is to be VOCALLY AGAINST SCAMMERS LIKE UDI AND THE TAPROOT WIZARDS