Quote from: macson on January 04, 2024, 06:07:11 PM

from this it can be concluded that changing bitcoin fees should not be an obstacle to bitcoin adoption. For those who transact Bitcoin with small amounts, it's a good idea to pay attention to the time because you will definitely find the best time to process your Bitcoin transactions.

The high transaction fee is a major impediment to the use or adoption of Bitcoin. Transaction fees might have dropped now but will someone have to wait until the price is reduced before carrying out a transaction? Some persons use Bitcoin to make payments for business transactions and such delay could hamper the smooth running of the firm. I have also observed that transaction fees also reduce during certain hours of the day. Observing the timing of the transaction fees in the mempool to identify favourable hours might also be beneficial. But I know that Bitcoin will gain more adoption if the spamming of the network by these ordinal inscriptions is put to check.

Quote from: yhiaali3 on January 04, 2024, 08:08:21 PM

Very nice, so what happened to make the fees go down?
Anyway good chance I hope the fees stay this low for a long time, I have postponed all my transactions and it looks like I will get them done before the fees go up again.

That's the point, how long will this normal transaction fee last? The Bitcoin community has not found the solution to this spamming of the network by Bitcoin Ordinals, which means we might see another season of high fees very soon.