Post
Topic
Board Speculation
Re: Btc dump to 39600
by
Yaunfitda
on 29/12/2023, 07:50:40 UTC
So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.


That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.
I don't see how high fees can make blockchain more attractive. Probably any of us don't want to pay a $10 fee to make a $50 transaction. Right now it is very profitable for miners, but not for regular users. Hopefully this problem will be solved. As for the price drop, I don't think it will happen this year.
We can't blame the miners, they just mine the block and if someone is willing to pay high fees to get their transaction first, then they will accept it. The blame is with the loophole that the Brc-20 developers takes advantage of, that's why the mempool is so clogged right now.

And so it affected us, specially those regular users or doing some DCA along the way. Even signature campaigns here have suffered as well as manager have to pay high fees and it's not an assurance that we can get it on the next block.