Post
Topic
Board Bitcoin Discussion
Re: Ordinal blockchain irking me, causing almost $40 median fee now...
by
Arenga pinnata
on 18/12/2023, 12:28:05 UTC
...

mempool.space

I don't want to spend $40 to consolidate here.  I guess I'll just have to wait.  And wait & wait & wait???   


Angry    Angry    Angry


Maybe only a much higher BTC price will stop those ords from infesting the mempool....
But after Brc-20 tokens started to be issued one by one on binance I started to be pessimistic that the ordinal hype would end soon. Maybe this will last quite a while. Seeing fees that continue to be high without decreasing really makes everyone who wants to make small transactions currently confused. Because the amount of fees spent can be greater than the amount of BTC that will be sent. And if the fee is reduced, transactions will only continue to float and will not be confirmed in the near future. Unless you use Accelerator. I hope the fees can return to normal again. But maybe we'll have to wait a little longer for the hype to end. Because as I read, this is not because the price of bitcoin is rising or because of a bull market. But because the hype on the Brc-20 network still continues.