Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: bitcoin fees and how we accept its volatility
by
dunfida
on 05/01/2024, 04:59:34 UTC
⭐ Merited by Oilacris (1)
greetings to all friends, last December was a pretty bad month for all bitcoin users and also those who actively transact with bitcoin because bitcoin fees were really suffocating, even the highest fee i saw reached $20, this caused a lot of topics to be discussed. discussing this phenomenon, a few minutes ago i accessed the mempool and found that the bitcoin fees listed there were very cheap when compared to last December 2023,
---

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.


That shit BRC20 did spam out the network
https://beincrypto.com/bitcoin-network-brc-20-token-fees-transaction-backlog/

Yeah, we've been suffering with those $20 fees few weeks ago on which it isnt really that appealing or nice but now we are seeing that it is really that tending to normalize again but still
>30sats/byte  is still high. I do miss the days when the fees are just playing around 1-2say/byte per transaction.A little bit more for us to wait for the
fees to go back low again.

I have tons of pending transactions wayback but now they are all confirmed. Wondering on when would be the next spam into the network?
BRC20 should be stopped.  Cheesy