mempool behaved very strangely this cycle, not sure it sends any signal anymore other than very few people use the chain to make transactions
spikes in mempool fees used to coincide with euphoria, sort of did with ordinals i suppose?
Discussion
To many layers now…
The kids don’t like onchain…
There was no euphoria, Wall Street papered it away
It's certainly weird that on-chain transactions remain cheap for so long. I thought I would be chasing low fees to re-balance my lightning node at this point but fees didn't get me to setup one yet.
Bitcoin works great.
Maybe bitcoin can scale because the world is full of retards 😂
ETFs selling Coinbase paper doesn't drive on chain transactions.
Maybe it's all over.