Post
Topic
Board Bitcoin Discussion
Re: How long the high transaction fees will last?
by
BIT-BENDER
on 08/05/2023, 18:05:49 UTC

I advice you to make deposits now for future betting, as it seems that we are going to face expensive transaction fees for quite a time. Probably until we get another trend on cryptocurrency market. Right now NFT on Bitcoin blockchain are killing network and whole idea of Bitcoin. The situation is similar to expensive transaction in Ethereum network and popularity of DEX. That trend started to lose its power when metaverses were announced and people have switched their attention to it. Right now Bitcoin is following Ethereum path imho. So I see two options for you, make deposits now and keep balance on gambling platforms, or wait for months for lower fees.
I also have this feeling too. Any one that’s into gambling and would be playing any game in the nearest future should make sure they do so now.

I think the issues of the transactions fees would still persist for a long time now, and may even probably get worse so it’s best to do the needful now.
Many are speculating that the NFT on bitcoin network would vanish off with time. But I doubt if that would actually be the reality. People are getting more interested in NFT and this interest may grow until there is a crash.