/biz/ - Business & Finance

>>57137118
ICP already fixed this retard

>>57137124
Yeah, so did Solana... I'm talking about bitcoin

>>57137118
Well, considering the mempool is at all time highs and the bullrun top is still a year and a half away... Never!

Lmao

>>57137124
Kys shitcoiner

>>57137118
bitcoin and eth is for rich people who can afford to spend a thousand dollars on gas fees, why are you using bitcoin if you aren't rich? lol retard

>>57137134
>>57137129
You are both gorilla nigger retards

>>57137146
hey, i'm the guy who made that image and i realized that i did the math wrong on ICP's transaction fee. A transaction on ICP costs 0.0001 ICP, so the fee is actually one tenth of one cent. here's the revised version. A transaction on ICP at today's prices is roughly 4000 times cheaper than avax when it was running 1000 tps.

>>57137174
Can’t believe these gorilla nigger retards ITT don’t know what’s coming

>>57137129
It costs whole US dollars to trade with Sol. Unacceptable

>>57137118
Why do you insist on using this shitcoin with high fees? The actual bitcoin forked off years ago. You core folks get to enjoy the nice pumpy prices but the high network fees is the price you pay. Just leave your coins on the exchange. You don't care about self custody anyways, right?

>>57137146
>>57137174
Premined PoS shitscams are totally irrelevant. Noteven blockchain. Just fuck off peepee niggers.

>>57137118
managed to time it right with a price and volume drop boxing day. 75sat/byte for $4, took about an hour. txs boomed since which is likely due to post christmas funding. Time of day also plays a big factor but will likely be a few days till fees come down again depending on price action.

>>57137454
>the future of finance

>>57137488
your comments are like skid marks on my computer screen

>>57137535
>skid marks
Thanks for the ordinal idea. Go ahead and clog up that mempool a little more for ya, big guy.

>>57137554
>mempool clogged and bogged
too late pajeet! ive already sold

>>57137124
Why are all icp holders like this ?

Go back to 3$ where you belong.

>>57137118
The fees are way lower like 6 usd tx passing, also exchanges do many transacitons in a single one to many users.

They are just collecting shekels on an insane level with the excuse of fees.

>>57137488
it is because it's still cheaper than swift and has 0 account maintance costs or third party risks.

The high fees are actually not bad, what is bad is that most stuck tx have a few sats fees and the exchanges retarded algorithms keep outbiding each other upwards when the high fees happen.

We seen this in january 2018 mempool was almost empty but avg fee was like 30 usd per tx because exchanges keep outbiding each other.

I understand that they are trying to make stuff normie tolerable and that in eth failed tx still pay fee, but for BTC before 2018 exchanges let you select the tx fee so you could do a cheap tx knowing it would confirm in days which prevented the whole outbiding each other shit they are doing now.

>>57137715
That's because prior to the runup to 19k most BTC transactions could still be done with a low fee and expect to be be on a block at least within an hour or so. Since then exchanges had to move to a different model because the last thing they need is customers blowing them up on socials and submitting tickets over low fee BTC transactions that take a week to get into a block.

BTC is between a rock and a hard place. Ordinals are a black swan event. They can't hardfork because it blows up their narrative and they can't allow ordinals to continue because the mempool is at all time highs outside of a roaring bull market.

It'll be interesting to see how it all plays out.

>>57137754
A BTC ETF fixes this.

>>57137118
That's the whole point of BTC. You are supposed to keep using mastercard and visa.

>>57137924
>>57138224
Kek

>>57137118
Pay up.