Post
Topic
Board Bitcoin Discussion
Re: Bitcoin network fee, worrying sign?
by
Findingnemo
on 07/05/2023, 17:30:45 UTC

So what is my take on increased fees on the blockchain will be no major impact because we all know with ETH there was a big problem with gas fees the case in Bitcoin is not that scary. It cant push the prices down but there can be temporary FUd for the prices drop. Bitcoin will stay as long as the community is standing behind and community know what they need to do and what suits them better.
I am not concerned about the existence of Bitcoin, I am sure that Bitcoin is going to stay but look at the memepool the clog is really huge and most members of bitcoin talk thought that fee will be lowered on weekends but the exact opposite thing is happening at the moment. I have been watching the network from time to time the required fee is getting higher and higher I expect that next week something huge is coming like a price drop of huge congestion that will stun the network for a while.