Post
Topic
Board Speculation
Re: This bull run is different...
by
bitterguy28
on 22/10/2024, 11:48:17 UTC
I was surprised too when I checked the transaction fees, they’re really cheap these days (checked on mempool). As we’ve all noticed, the market seems to be in a bull run already, with Bitcoin hitting $69k and getting ready to break the current ATH, which should push the price even higher. But yeah, it’s interesting how this time around it’s different compared to the last bull run. Back then, fees were really high, making small transactions almost not worth it. We had to wait until the network congestion eased up before moving any Bitcoin.
Actually early this year we have experienced another too much fees from Bitcoin and of course Ethereum,but that does not stand that long and now you are correct that we are in the cheapest transaction fees for a bull season .
We are thankful having this kind because it's easy and great when we are in the midst of buying and selling .