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RE: Bitcoin Transaction fee's goes all time HIGH
Perhaps with the hardfork announcements a lot of people are looking to sell and get back into the other cryptos. The network fee is demand driven.
Perhaps with the hardfork announcements a lot of people are looking to sell and get back into the other cryptos. The network fee is demand driven.
Nope. There's no load on the mempool. If people were to sell the price would have dropped by now. mempools is standing at only 20,000 pending transactions.
While we have seen days where pending transactions in the mempool were almost 50k-82k and the fee's were in 1.5-2.5 range.
Two factors: Bitcoin price increase + Miners greed (somehow justified).