Post
Topic
Board Bitcoin Discussion
Re: Mempool Observer Topic
by
pakhitheboss
on 22/12/2023, 12:48:16 UTC
More, more, more! I admit it hurts a little but at the end of the day I seldom send as a DCA guy, I usually receive and yes, that means I don't really need to worry much.

Just yesterday I needed to send, but I have an "exchange" hot wallet. Paid only 15k sats so still under a dollar. Bring high fees on!

If you are receiving then you don't need to worry. That doesn't mean everyone here is only recieving and hodling. There is a significant number present here who does both, that is recieve & send, they are the ones who are getting affected because of high fees.

15k Satoshi is still a significant amount as transaction fee. I remember a time when 12 Satoshi or above was considered high fee. I did pay the same amount when I made a transaction using my Electrum wallet.

The fees would come down but the vulnerability has exposed how developers are slowly making Bitcoin in accessible to small investors. Which for me is not a good signal if we want Bitcoin adaptation to go to the grass root level.