Bitcoin : the bitcoin core fee market right now

Bitcoin : the bitcoin core fee market right now

It seems the actors have learnt what is a proper fee, there is a small pile up of transactions every evening (utc), where the lowest transaction fee offers will have to wait a few hours, which is acceptable for some purposes. The effect is rather stable fees, at about 100 times higher in value (2-20 sat/B) than those for bitcoin cash.

This is what I expect for the future: rather stable fees, because the actors remember the past episodes and take them into account, with the risk of delay.

Observing a really free, world wide, market is truly fascinating.

ref the four day chart on:,4d

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Author: ErdoganTalk

Score: 4

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