Quote from: we-btc on Today at 08:39:10 PM

Quote from: coolcoinz on Today at 07:03:48 PM

Quote from: we-btc on Today at 06:38:27 PM

It looks like Runes and inscriptions are being supported by miners in order to push the fees up. It is no accident Runes were launched on the day of the halving.

It had to be an 200 IQ plan because they launched something useless, hoping that people will get interested and throw money at them, driving the fees up and making them earn more from every block, despite halving. I don't blame the ones that launched it, but the flock of sheep who outbid one another to be in the first block after the halving and continuing to pay insane amounts of money per transaction.]

Someone opened a shop selling dog poo and you bought it. Who's to blame, you or him?

Fees are back to being manageable if you're willing to wait a few hours then you can pay less than 150 sats.

This is a much bigger issue than high fees. We have to stand up for Bitcoin as it was intended. This is about "purely peer-to-peer transactions" and personal freedom.

Bitcoin was intended to solve one of the biggest problems we face as a race and if we don't make sure it survives as "Purely peer-to-peer electronic cash" everyone loses! The high fees and slow network are a huge problem!

Well it can't be helped that is the network we can only use for bitcoin transactions, right now the network is congested caused by many factors and because the halving event just finished added by runes who pushes to make the network congested but do mind that this is only temporary, over the time the fees will gradually decrease and will be back into single digit so what we can only do is wait, we dont have any other choices there is light network but if you will only use it into single transaction with a certain address then it is not recommended, anyway if the transaction can be hold or not that urgent then its better to wait for the fees to calm down before committing into a transaction or else you will really need to pay the high transaction fee but it will be a waste. Even now, we still don't know how long this kind of transaction fee will last, but if it takes too much longer, then there will be a negative effect on the bitcoin market.