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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.
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. 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.
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.
Yes but it still shows a weak spot within the mechanics of the Bitcoin network. I understand that it is all supply and demand, but the problem about supply and demand under capacity restrains is that the rich can move their assets while the poor can't. This is somewhat an exaggerated version rhetorically, but it reflects what's going on in the network. People who have large transactions or don't care can just jump to the front of the queue whenever they want whereas those who want to use the network for daily causes get excluded factually. I hope that substantial development is underway to further solve and optimize capacity problems. I think it is one major reason that keeps Bitcoin from being adopted among all groups in society.