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wrt ppl saying a .01 utxo transaction potentially costing 10k$ in the future when fiat price will exceed millions.. and therefore these utxos becoming unspendable..

"potentially".. based on what assumptions?

matata 1y ago

1. what were the median fees 5 years ago when bitcoin was at 3k, and what is the median now at x10? any data in this, how to search?

2. does increased usd price equal more adoption aka real world trade transactions by default? the fees are still based on sats/vbyte and not usd/vbyte.. but maybe im missing something else..

3. can it all not balance itself out still when assuming once networth in usd gets bigger gradually and threshold to accumulate sats gets higher (=not per se more transactions)? is this assumption realistic?

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Discussion

Marcelinho 1y ago

1. mempool.space

matata 1y ago

thank you

corrected for the temporary ords peak from 2024 as outlier and imagining a median, doesnt seem like 10x had much effect to me

maybe we'll get more volatile ups and downs, but im having a hard time imagining a 01 utxo will get priced out indefinitely

matata 1y ago

would love actual median tho bc im just pulling from imagination here

nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj meow?

Marcelinho 1y ago

you could use timechaincalendar.com. but I guess you would like to have a csv export to create a plot

₿harat 1y ago

You’ve shared brilliant thoughts here.