Post
Topic
Board Bitcoin Discussion
Re: Excessive Bitcoin fees
by
AHOYBRAUSE
on 12/04/2024, 13:36:06 UTC

There were point in time when the transaction fees have subside already and so we can say that average joe traders and investors are very happy and everyone is back. But now in the last couple of days, the fees has someone increase again and thanks to Runes and the timing of it's released.

Nevertheless, for me this is just another temporary hiccups to all of us and we should bear with it. This won't last long as we have seen last year and then gradually back to like 6-10 sat/vB (in my view this is bearable to most Bitcoin enthusiast).

Damn, I have this thread on watch and wondered why there are people commenting in it while the fees are low and more than good at the moment (last time I checked the fees was Tuesday, haha).

And then I checked the mempool and saw the bad news.
It's so strange to see this happen all the time, without any clue why it is actually happening. For a while fees are super low and everybody is happy and suddenly bang, congestion.
Hopefully this issue will be fixed some day, don't know how this could be done though.