Post
Topic
Board Bitcoin Discussion
Re: Time to roll-back Ordinals?
by
larry_vw_1955
on 13/11/2023, 02:34:54 UTC
Not exactly.  Ignoring it allows it to fester.  That creates an environment where the unscrupulous people who sell this trash are free to hype it up and tell gullible victims how great it supposedly is and how they'll be able to sell silly pictures for a profit.  The more suckers who buy it, the more crap they'll upload. 
the only people that we can excuse from getting duped by ordinals though is people that never were around to see the NFT market tank and all those expensive NFTs turned to scam. anyone that saw that should have the common sense to know better than invest in this type of thing.

I'll just say I was really surprised when I heard that bitcoin transaction fees were spiking:

https://www.coindesk.com/markets/2023/11/08/bitcoin-fees-soar-nearly-1000-since-august-as-ordinals-are-back-in-vogue/
At $6.84 on Wednesday, average transaction fees for using the Bitcoin blockchain are now up roughly 970% from a low of $0.64 touched in August, BitInfoCharts data shows.

that's why this thread is here because of the high transaction fee i guess! no one wants that and that's why they want something done about ordinals.