Has not been discussed here for a little while, so I don't know how many people have been keeping an eye on the transaction fees, but currently it costs only 3sat/vB.
Next time there is some kind of transaction fee crisis, please remember all the ones that came before and understand that the solution to high fees is high fees. The reason crap like inscriptions never have a long term impact is because they have no value, however blockspace does have value, so eventually the fools transacting crap like inscriptions run out of money. Same for spam. High fees should be embraced, not feared, a free market capitalist system, ensures any malinvestment (inscriptions, spam, etc) will be expunged from the system eventually because making a loss forever in a finite world is not possible. Only the transactions that have real value will survive.
You are so correct somac, yet it surely can take so much time to play out, and sometimes it seems to be taking forever to play out, but then who can keep paying those high fees.. They kind of peter out when they realize that they cannot recoupe the money from the fees to when they were largely selling crap that they were trying to proclaim to be scarce, but there is so much of the supposedly scarce crap that it took some time for the market to figure out (or to really show) that it really was crap..
a free market capitalist system,
In a free market capitalist system, high prices mean efforts are made to meet the demand. What we have is centrally controlled artificial scarcity.
Look who woke up on the wrong side of the bed.
The disgruntled exaggerating complainer, big blocker Richy_T is back..
hahahahahaha
1) You really consider bitcoin to be centrally controlled? not sure how that can be addressed exactly. If bitcoin were really to be centrally controlled (I imagine you are referring to (complaining about) developers) then shouldn't governments start to arrest some of these folks who are supposedly centrally controlling bitcoin? How will that work out? Probably a proliferation of more decentralization in which the code is just run by nodes and by miners without anyone in charge of whatever code exists and is chosen to be run in regards to supporting the bitcoin network, then that would be even more decentralized than what appears to already exists in bitcoin no?
and
2) is there really something wrong about the way that scarcity was established in bitcoin?
I think that a lot of folks would have had preferred bitcoin to have had retained some kind of a tail emissions, but gosh it remains difficult to really know how bitcoin's level and kind of established, created, invented discovered scarcity is really going to end up playing out.
In other words, Richy_T, you seem to be prematurely and overly disgruntled based on your imagination of actual facts in front of us.
so for small 100 dollar sends doge is clearly better.
btc is not a p2p payment system anymore.
For sure you are delusional..,. and pumping shitcoins at that.
[edited out]
it is, still, just not for coffee size payments at the moment.
Lightning seems to stall a bit.
The main 'problem" is that people don't care to pay with an appreciating "currency'. They would rather pay with a depreciating one.
In that sense, doge is purrfect 
Doge is a piece of shit, you got that much right... funny mixing metaphors about dog shit and cats purring.
Under $55,000 again, damn it. Was really hoping we’d reclaim $60,000 again this week.
Not comfortable with testing $50,000 again.
Come on BTC, please hold strong.
Yeah? but what can we do about it?
My solution tends to be just buy when it goes down so that I feel that I am getting something out of it, even though it is just psychological mostly since surely I am losing way more when it goes down, but the UP and DOWN volatility is one of the most inevitable things in bitcoin.. and we cannot really know when and/or which direction, yet we still seem to have a pretty decent sense where we ultimately go (and get to) even though it sometimes seems to take a long time (seemingly forever) in the process.
You can always shave a bit extra off at various points in order that so much frustration does not come from the seeming length of these consolidation periods.
Poll
