I haven't read the news yet, but it's been several days since the transaction fee has been very high. I checked on
https://mempool.emzy.de/ and this is what I see now.
As a gambler, I'm a bit worried if this trend will continue because I have some fraction of bitcoin that I'd like to use for gambling, especially for the NBA playoffs. So for my fellow gamblers, or those who really need to transact with their bitcoin, what are the best things to do now in order to save from fees and avoid having our transactions stay unconfirmed for too long?
I was suprised seeing transaction fee very high like that, it really affected lots of people because lot's of people's transaction was delayed for hours and even day's. The transaction fee is going back to normal now. The high transaction fee made most signature managers pay high gas fee just for them to process signature participants payment.
I think it will affect lot's of gamblers but am sure gamblers will definitely look for a way to deposit money to their gambling site, most of them might switch from depositing bitcoin to altcoins, i think that's the only solution currently and if you really want to deposit bitcoin, then you should be able to spend high transaction fee or your transaction will be delayed. But if you are having bitcoin in your gambling site already, I think it's better you just leave it their, and keep on gambling with it.
Honestly, it did really make out that effect on me on which i cant able to pull through or able to make my weekly transactions because of that huge fees which i cant really that afford on using up $20+ or more on moving a transaction and since i do make some minimal amount kind of transfer then it would really be a huge slice into that amount on which i could say that it doesnt have make sense on doing so.
The fees is moving around 400-600 sats per byte on maximum which it do plays around 5-20 bucks per transaction or way more. I didnt see up the max fee on that particular time considering that it is really
decreasing now as of this moment.
It do really sucks if ever this would happen again but i wont really be that get in shocked if this one would be happening in bull run where transactions would be spamming or clooged into the network.
If you are that someone who does have the money or wont bother on paying up some fees then it wont really be that much of a bothersome but if you are really just like some average
joe like me on which 20 bucks is important then it is really just that a bad thing to make some tx on this particular time. Its better to wait until things turns out to be smooth
and fine once again.