Quote from: ajiz138 on May 11, 2023, 01:39:13 PM

Quote from: Reid on May 11, 2023, 12:11:33 PM

My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.

Maybe it won't be a protracted problem as by now bitcoin transaction fees have dropped and are above $1 plus and maybe some investors will be quite relieved for those who trade daily for whatever purpose but I guess with the end of the hype at Brc20 ordinal it will ending soon so we will have more normal transactions again.

For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.

Well it is still around 10 bucks today last I checked, depends on where you use it of course there could be some lower and higher but that was around what it was. We peaked at 30 dollars at some point and that was definitely terrible so I am happy that it got lower and lower, but we need to keep lowering down a lot more. Its not at 1 dollar just yet but when we go back to that level, it is going to be great for sure without a doubt. We also need to seriously discuss about lightning network or any other alternative, because even with segwit we are not reaching anywhere better by staying put. I get that we lowered it from legacy, but we need to do even better, staying at the same place would never end with anything good, we need constant progress.