Yes, something similar to BRC-20/ordinals has become possible for the creators to include in blocks and that's the cause of those higher fees.

That thing is named as runes by the developers, and the rune creators are spending huge amounts to get their runes minted so they can make more profits as early adopters of it.

Runes are just like meme coins on Bitcoin network and if they continue popping like that then they may create more network congestion in coming days.

If the hype of runes get reduced then we may see low transaction fees once again and till then we will have to cope with those fees as part of Bitcoin community.

Some of those paid such amounts so others can remember them and they can proudly say that they made transactions during the halving block. While most of the ones who paid such high fees were interested in gaining more from that approach.

I have already mentioned that Rune creators were willing to pay premium fees to get their runes minted at that block so their runes may gain very high value just because those were minted earlier than other runes.

That's true but most of the times those newbies aren't newbies in real but the ones with alt accounts who want to earn extra money having multiple ranked accounts.

There are many account farmers who always try to rank up their accounts so they can start earning from this forum.

I know some newbies are also referred to this forum by the ones who are ranked members but in most cases those newbies are alt accounts that want to earn merits in short time.

That's a great advice for everyone, and I agree that no one is perfect and everyone has to learn something new from those who already know that thing.

Rank can be helpful to start earning from signature campaigns but it's not a sign of someone's extra knowledge.

In some cases the newbies can also teach high ranked members some valuable things, and that's why one should always look for learning new things instead of thinking about ranking up.

If I'm not wrong then merit sources mostly ignore the gambling boards as those are least interesting for them and topics at that board mostly contain repeated material. The trading discussion board is not like gambling discussion because in this board various good topics are created by some good traders and others who are into trading share their insights related to those topics.

I'm not sure why merit sources even think about ignoring a board like trading discussion. If I was a merit source, I would never ignore boards like trading discussion since it's highly helpful for Bitcoin community because most crypto users start their crypto journey with trading and if such board isn't given priority then that's not going to be helpful for those users.

Ordinals were the first one to pollute Bitcoin network and now the rest is done by those runes. The runes basically allow developers to create fungible tokens on Bitcoin blockchain. They are another weapon by those haters who want to pollute the Bitcoin network, but we know that their main intention is to make money out of it and that's why they don't really care about Bitcoin users.

It's somewhat an attempt to make more money out of that rune because the one who paid such transaction fees already knew that he makes way more money than what he spent on minting of that rune. The developers who mint such runes often have pre made plans, they simply wait for the right time to execute those plans. And, right time for that guy was halving event.
 

I believe a beginner should not focus on merits at all at least for a few weeks. If I'm not wrong then those who are new on this forum may not know the merit based system, however the ones who pretend to be new may have knowledge regarding the merit based system.

In my eyes, a newbie should focus more on learning then on gaining merits or recognition. Overtime when they learn things properly and apply that knowledge when they create posts, then they automatically get merits for their posts.

Total goals: 21

The addicts don't really care much about the fees because they spend then thousands of dollars worth of Bitcoin in gambling and pay transaction fees of $100 wouldn't bother them too much.

Most of those addicts know that they can also choose alternative coins for depositing and thus they might go with alt coins when the Bitcoin network is congested.

But, I'm very sure that even the high fees aren't much high for the addicts who spend thousands of dollars on betting each week.

That's a good profit, anything that's made out of free spin is profitable. When wagering comes then things may go somewhat complicated but as long as it's small then once should not have any issues.

I always try to find and avail free spins and when I get some good rewards for free then I don't hesitate to complete the wagering requirements.

Thanks to everyone for commenting on this thread, and special thanks to theymos for updating the forum with latest Bitcoin Core release which is 27.0. Since the forum's Bitcoin Core version was updated, I'm locking this thread for good.

Thank you.

We can't stop scammers from having accounts on this forum or getting here through the Google search engine and that's why any attempt to not recommend this forum to your friends and colleagues
would be an attempt to stop them from learning about Bitcoin.

We don't really know who's going to be a scammer and who's going to be a good and reputable member of the forum in future. That's why it's not going to be helpful to stop someone from learning about Bitcoin through Bitcointalk.

The ones who have scamming mindset and try to scam the members of the forum will get tagged and the ones who have awareness regarding scammers will never fall for their scams. I believe we should not prevent someone from knowing about this forum.

$68,711

Time:07

Time:11

If I'm not wrong, first one who makes the prediction gets the reward for that prediction. Strunberg has made that prediction on 14th of April while you have made it today, and by keeping that in mind, strunberg's prediction was accepted and he won the contest.

Time:07

Thank you, yeah it's also my first win on a prediction thread too and I'm happy that I participated in the contest. I followed my own strategy to predict the price and actually it worked for me this time.

Thanks to Blackjack.fun for sponsoring that prediction contest, and to Peanutswar for arranging that event, finally thanks to Icopress for taking care of the event.

I think having a dedicated merit source for a board isn't bad either as that merit source can look for high quality, useful posts on that particular board and send merits to the members who make good quality, helpful posts on that board.

I believe most boards should have a few dedicated merit sources so the members who make posts in those boards may get some merits. Like most local boards have dedicated merit sources who send merits to the helpful posts at those local boards.

I was about to share the torrent link of the updated version of Bitcoin core but then I tought it would be great if Theymos share it on the top of the forum.

Thanks for letting me know, I haven't seen achow101's post and that's why I created this one. However, I hope that soon Theymos may update the Bitcoin core 27.0 and its torrent on the forum.

Yes, I agree, the newbies always want to target those boards which are not so tough for them and that's why it's not possible to stop them from posting at such boards. The forum allows them so we also should not worry much about those newbies.

I believe that if they continue posting in non relevant boards then it would be hard for them to learn about Bitcoin. In order to learn Bitcoin properly, they have to visit the boards where information about Bitcoin is discussed, and those boards really help out newbies.