Big Game ?

[hugeblack]

bitcoin price extremely changed (from  8,200$ to 19,200$) and now at 15,000$.

more than 218868 Unconfirmed Transactions and number keep increasing.

transaction fee increase more than 305 sat/b.

Do you think a big game happens now

[AdamRay]

The price paid for each transaction is too large. And when the value of bitcoin is increasing, the value of each exchange is the same. It is difficult for small investors

[beverly788113]

For each transaction, I am charged 0.0001 bitcoin. And when the bitcoin value is only about $ 1000, it's very simple. However, bitcoin has reached $ 20,000. And each time my transaction cost more than $ 10, really difficult

[jeffer8035]

Of course there is a big play and it has to do with the entry into the future markets of bitcoin and this is going to happen and I heard that Japan also in its stock market if this susede this is going to make the biggest bitcoin increase and its capitalization would be higher than the 20 most powerful banks in the world this is just beginning

[avikz]

Probably yes or probably no. It's hard to tell anything at this moment. With the increased bitcoin price a lot of people worldwide have started investing in bitcoin. Existing investors are either pouring lot of money or booking profit. Overall the number of transactions are increasing and the network strength remains the same. That is the reason why the transaction fees are also higher and the Network is slower than ever. Don't think any big game is going behind but need to keep a close watch to the incidents to understand more about it.

[dothebeats]

My hint is that the recent jump in unconfirmed transaction is due to the traders that tried arbitraging because the price differences on exchanges are really big. Take also into account that there are lots of people that are using the network and more and more newcomers are also flooding the network as of now. Wouldn't want to go full tinfoil since this should be a pretty normal occurrence (yet annoying) in a network that steadily grows day by day.

[squatz1]

For each transaction, I am charged 0.0001 bitcoin. And when the bitcoin value is only about $ 1000, it's very simple. However, bitcoin has reached $ 20,000. And each time my transaction cost more than $ 10, really difficult

This is only due to the fact that the Bitcoin price increased drastically and the difficulity of mining didn't follow along with it. This will happen at some point, as more and more miners will want to get involved with Bitcoin as they want to make some good money as the difficiulity is low - which will balance out at some point, brining the TX down with it.

So, this is a temp thing and will be corrected-- don't get too worried YET.

[HongKong]

bitcoin price extremely changed (from  8,200$ to 19,200$) and now at 15,000$.

more than 218868 Unconfirmed Transactions and number keep increasing.

transaction fee increase more than 305 sat/b.

Do you think a big game happens now

The transactions could eventually confirm if more of the miners invest in the mining systems. It should be much faster for transactions to confirm soon.

[icanscript]

Undoubtedly, the events on the crypto market are first of all - GAME
The game of traders and stock exchanges and holders of crypto currency.
Who we will be in this game, will prove the time.
Someone is a loser, somebody is a winner!

[HongKong]

Undoubtedly, the events on the crypto market are first of all - GAME
The game of traders and stock exchanges and holders of crypto currency.
Who we will be in this game, will prove the time.
Someone is a loser, somebody is a winner!

It doesn't really seem like you're trying to answer what hugeblack is asking. The transactions is the problem.

[CryptoBitCoins]

I agree with the author that this is not normal, such behavior on the market speaks about some inadequate changes and the main question to what they will lead.

[megynacuna]

My hint is that the recent jump in unconfirmed transaction is due to the traders that tried arbitraging because the price differences on exchanges are really big. Take also into account that there are lots of people that are using the network and more and more newcomers are also flooding the network as of now. Wouldn't want to go full tinfoil since this should be a pretty normal occurrence (yet annoying) in a network that steadily grows day by day.

Yes i think a lot of the big players tried arbitrage trading by taking advantage of the margins but that is simply not going be the contributing factor that is  why i agree that the newcomers also have a part to play because the demand  for bitcoin has kept increasing gradually  since the start of this year and it's directly due to the growing number of new entrants.

[saycryptohello]

My hint is that the recent jump in unconfirmed transaction is due to the traders that tried arbitraging because the price differences on exchanges are really big. Take also into account that there are lots of people that are using the network and more and more newcomers are also flooding the network as of now. Wouldn't want to go full tinfoil since this should be a pretty normal occurrence (yet annoying) in a network that steadily grows day by day.

Yes i think a lot of the big players tried arbitrage trading by taking advantage of the margins but that is simply not going be the contributing factor that is  why i agree that the newcomers also have a part to play because the demand  for bitcoin has kept increasing gradually  since the start of this year and it's directly due to the growing number of new entrants.

If they wanna arbitrage (cause price different on exchanges) why they not using other "fast" coins like Litecoin? Before withdraw you can do operations on btc/litecoin pair - yes you pay a commission, but that is small.

[Gabb]

bitcoin price extremely changed (from  8,200$ to 19,200$) and now at 15,000$.

more than 218868 Unconfirmed Transactions and number keep increasing.

transaction fee increase more than 305 sat/b.

Do you think a big game happens now

Bitcoin has become a valuable asset that we should treasure with great care. I do not understand the insistence of many users to complain about the inconvenience of bitcoin for fast and economic transactions, but despite its criticism OP insists on accumulating bitcoins through signature campaigns.

It would not be more congruent if you better sell your bitcoins now that you can do it at a good price and start accumulating shitcoins in one of the multiple bounty campaigns that exist out there?

[Ethinkin9]

Bitcoin will become the main player and altcoins will have more and more benefits.

[Mike Mayor]

I really don't know what will be done about the high fees. I don't know if Bitcoin was meant to be worth this much I don't know. Maybe it's being adopted by people too quickly. Paying 0.001 btc for a fee now is very expensive gees man. For that price I can go out and have a nice seafood meal drinks and dessert. It's very annoying when you think about it that way. This is why steam won't be using btc anymore which makes me sad.