Post
Topic
Board Bitcoin Technical Support
Re: [Mar 2024] Fees are lower, wait for opportunity to Consolidate your small inputs
by
NapHappy
on 18/04/2024, 19:04:58 UTC
This is just mind-blowing:
The monkey boys have calmed down a bit and the transaction fees are more than twice as cheap right now. But I am not optimistic for the near future. The halving is coming and with it a new monkey protocol on the day of the halving. Bananas will again raise the fees to make Bitcoin unusable for normal people. We will have to wait a long time I am afraid for the perfect opportunities to carry out proper consolidations.

The days after the halving tomorrow and before the difficulty adjustment in about 5 days will be brutal for fees with the Runes added in. It will likely take some weeks after the difficulty adjustment for fees to settle out to a new normal.