Quote from: taufik123 on December 06, 2023, 11:59:41 PM

Quote from: Dump3er on December 06, 2023, 10:51:17 PM

-snip-
It is quite volatile as well, sometimes it is getting closer to 100 s/, but then it jumps up again towards 200 s/b. Now I am asking myself for how long this might be going on. When there is a lot of action in the market, it would not be surprising if it stays like this for a while. Sad

Even I used 113 sat/vB some time ago still long enough to be confirmed, had to wait about 6 hours more and was forced to raise the Gas fee even higher to be confirmed immediately.

Using Electrum and Increasing transaction fees with RBF will be very useful.
Using a wallet that supports RBF can solve transaction congestion, but with the consequence Gas costs will be more expensive but prioritized.
RBF allows you to rebroadcast similar transactions at a higher cost if the original transaction crashes, so you can try sending a transaction at a very low cost and then raise it several Satoshi at once until it is confirmed.

And if you ask until when this congestion will occur, of course until all transactions are confirmed all and BRC20 Ordinal is the main problem on congestion.
But now because of Bitcoin's quite drastic rise as well, so the cost is increasing.

I had the same problem.
Wanted to pay something fast and even 150 sat/b didn't confirm since there was no block mined for yet another hour. Of course in that time there were like 15-20k transactions on top of mine and I had to adjust to fee to over 200sat/b.
With high prices as they are right now it is really a lot we have to pay to get a transaction confirmed in a reasonable time.

I mean, the memepool isn't even that full at the moment. Some months ago we had 600k transactions pending and still the fast transaction fee was between 30-40 sat/b.

In the last 12 hours the situation at least became a little bit better and now we can get confirmations at around 70 sat/b, compared to the 200-250 sat/b we had 24 hours ago this seems like a real bargain. Roll Eyes