Post
Topic
Board Speculation
Merits 8 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 22/12/2023, 16:46:29 UTC
⭐ Merited by El duderino_ (5) ,hisslyness (2) ,JayJuanGee (1)
Bitcoin is having a nice run but with its mempool issues currently you can really see the effect on higher throughput blockchains. Solana and ADA seem to be crushing it as a result. I hope Bitcoin can get this figured out. It is way too early in the cycle to be having these issues. Makes you wonder who these people are making transactions currently.

How is it possible you have been here this long and not got it yet?

Bitcoin fees are going to just get higher, along with price, along with the size of the transactions, both in bytes as well as value.

There is no other way for it to work.  Transactions are going to use different tech with different tradeoffs.  And yes the different tech can just be LTC or ETH.  But that is like using a shop vac to empty your home vacuum cleaner.  Then taking the shop vac to the car wash and using one of theirs to empty it.

We are not solving the "problem" we are kicking the can down the road.

Luckily it's not a problem.  It's a feature.  One that enables decentralized freedom money.