Jpg monkeys are making the fees impossible? Just use a meme coin!
⭐ Merited by philipma1957 (20)
Sometimes life gives you a few examples of sweet irony, completely mindfuck or mind-blowing events that just made you worry of what's next!
So, here we are, fees over 200sat/v , meaning at least 12$ for the smallest tx, if you have like 5 inputs and not one you can simply just leave it to the next year and it's all supposedly created by ordinals or how some (including me) call them: jpg monkeys.
Now, being spammed by the those monkeys, the obvious solution is....to use a meme coin! And guess what? Most are doing it!
Self explanatory graphs!
https://bitinfocharts.com/comparison/transactions-btc-doge.html#3m
Despite doge making 1,336,216 in the last 24 hours compared to 665,734 for BTC, the median fee is $0.0094 compared to $24.97.
Why? Dunno..
Something about the capacity of the blockchain or something but it is what it is, I mean it's impossible for BTC to get the same capacity as Doge, imagine spending 150$ for a 6tb ssd for your node or needing a 10mbps internet connection, this is just impossible, we have been told numerous times that 1mb is the maximum that can be sent over 10 minutes around the world, it doesn't matter that I'm downloading's something over bittorrent with 60MB/s right now, it's just a fluke!
/rant over
I just hope Santa isn't buying presents with Bitcoin, fees will bankrupt him!
/ second rant over
So, here we are, fees over 200sat/v , meaning at least 12$ for the smallest tx, if you have like 5 inputs and not one you can simply just leave it to the next year and it's all supposedly created by ordinals or how some (including me) call them: jpg monkeys.
Now, being spammed by the those monkeys, the obvious solution is....to use a meme coin! And guess what? Most are doing it!
Self explanatory graphs!
https://bitinfocharts.com/comparison/transactions-btc-doge.html#3m
Despite doge making 1,336,216 in the last 24 hours compared to 665,734 for BTC, the median fee is $0.0094 compared to $24.97.
Why? Dunno..
Something about the capacity of the blockchain or something but it is what it is, I mean it's impossible for BTC to get the same capacity as Doge, imagine spending 150$ for a 6tb ssd for your node or needing a 10mbps internet connection, this is just impossible, we have been told numerous times that 1mb is the maximum that can be sent over 10 minutes around the world, it doesn't matter that I'm downloading's something over bittorrent with 60MB/s right now, it's just a fluke!
/rant over
I just hope Santa isn't buying presents with Bitcoin, fees will bankrupt him!
/ second rant over