Post
Topic
Board Bitcoin Discussion
Re: bitcoin fees and how we accept its volatility
by
Rengga Jati
on 05/01/2024, 21:56:01 UTC
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,
To be honest, not only last December but until now the fees for Bitcoin transfers are also very high. In fact, it seems like it has jumped more than 5 times from before the fees increased so drastically. Basically, now when planning to transfer Bitcoin to another website, I've thought about it several times because the amount I have to pay is many times over... I thought it would just happen during the long holiday yesterday and it will be back to normal now. However, it turned out to be wrong, because up to this time it was still classified as very high for the fee.