After Segwit Mempool Still High (atm)
After Segwit, Mempool still high. Fees still very high. $3 to $6 USD fees.
With those fee levels, do a paradigm shift, what could those fees buy us?
Yes could buy us some very viable altcoins. Look at this chart.
Stratis $6.
Waves $4.50.
EOS $1.38!!!
TenX $3.58
Lisk $3.16
Tether - oh this is not, this is just USD!
Steem - yes our esteemed - Steem! - $1.21
Doing further monitoring. The mempool is going off the second roof. Close to 100K. The conclusion is many people are NOT users, they are speculators moving in when they read news report that "Segwit finally activated" they think it is a good thing to have but they never know the underlying issues. Fees are high and they won't know or thought it was not important.
I supposed people who were buying stocks or shares then now reading about bitcoin, then think it is a cheap fee since compared to trading or buying stocks, the fees are higher.
Perhaps this mentality is going to drive the price up. Further. Yet for daily users, daily usage, it won't be using it anymore.
I'm getting Lisk! :)
You scored! Lisk went up lots the past 3 days. Congratulations.
@tuventure thanks! even if I scored I'm planning to hold all that for a long time so I am not too worried about short term shake-ups