Post
Topic
Board Bitcoin Discussion
Re: What's happening with Bitcoin transaction fees?
by
Reatim
on 07/12/2023, 08:39:09 UTC
I was checking mempool and saw the transaction  fee sky rocketing. I am not sure what happened suddenly as these fees are way beyond anyone's imagination. Later on, I did found out that Binance has listed Ordinals (ORDI). I want to ask the community whether the severe high transaction fee occured because of the listing?




If you felt being robbed in November mempool so what more today and yesterday?

The Mempool is so congested  and rocketing to the lowest fee of 164 sat/vB and that is terribly high , that almost 1/4-1/3 of each transactions seems to be for the fee.

Was also waiting till when the pool go lower for me to cash out and take this advantage to sell and buy while the market is bullying.