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Well that was over fast
415 sats \ 10 comments \ @Atreus 11 May 2023 bitcoin
So basically the shitcoiners emptied their bags, threw unspeakable amounts of bitcoin at the miners, motivated lagging exchanges (Non-KYC and KYC) to integrate lightning, generated a few more Bitcoin obituaries, and that was it.
Congrats to anyone mining out there, those were some nice fees.
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0 sats \ 0 replies \ @kenn_b 11 May 2023
Not really over, is it
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0 sats \ 0 replies \ @faithandcredit 11 May 2023
Agreed. The fee spikes are like an immune response. And as much as we all probably want high fees for to pay the miners, it should probably develop over time and not come out of the blue like this. So i guess its working as intended.
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0 sats \ 0 replies \ @orthwyrm 11 May 2023
Remember to open channels if / when fees come down. Will save many sats in the long run.
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0 sats \ 2 replies \ @2bithits 11 May 2023
Not over yet.
If in a week it goes right back down to under 10sats/vb then it was a deliberate spam attack & they've run out of sats.
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0 sats \ 1 reply \ @takaponka 11 May 2023
Technically it's not spam at all. Bitcoin works for enemies
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0 sats \ 0 replies \ @2bithits 11 May 2023
They're hitting the dust limit for a reason
524 sat transactions
I'm not worried, I have a lightning node working well & I can wait months or years.
I was just saying I think they were spamming because of how fast it went up. Was not organic at all so it will likely fall just as fast
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0 sats \ 0 replies \ @Monotone 11 May 2023
I don't think it's over yet. It will take some time for people to lose interest, or they run out of money)
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0 sats \ 0 replies \ @kilianbuhn 11 May 2023
What are you talking about? Shitcoiners did what?
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0 sats \ 0 replies \ @DarthCoin 11 May 2023
Yep, well resumed.
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0 sats \ 0 replies \ @033daf6a55 11 May 2023
Miners have realized that they can raise the price of the commission themselves)))))) because they are still going to make more money))) You know what to expect? 1000-2000-50000 sats per commission.... cool) and a fork in the hardfork won't help))))
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