very hard to find even one inscription in the next block projection
Discussion
Natural / market selection in action
At one point these things will be priced out of blocks.
[778367]
we're further away from that reality now than two weeks ago
I just think these things cannot compete with the fundamental demand for Bitcoin once adoption grows. Bitcoin is money, final settlement of a bearer asset, i would pay much higher fees for this to happen than pictures or other speculative things. In time, they will be priced out, imo.
[778367]
Wirklich beeindruckt wie viele plötzlich Bitcoin zensieren wollten und 2 Wochen später ist der Hype schon vorbei xD
Was so incredibly predictable
The market will dictate what is useful or worth the transaction fee. Hopefully the market acts logically.
There were a ton of utxo consolidations last night / early this morning. Big transactions with hundreds and hundreds of small amount inputs, some under 2 of 3 multisig and some just single sig, all consolidating into a large amount utxo. All taking advantage of the low fees and only paying 1sat/vB too. I was wondering if it was a big player like an exchange consolidating or something like that…
Something like this
https://mempool.space/tx/b42e5e45c2ef91a2c12cac85ab075208872b880c5c14603503a602ce03300fe5
?cid=2154d3d75fkleb4mtzxzpjdpkilrq5ent26ka0diygoatvjy&rid=giphy.gif&ct=g
?cid=2154d3d7dqdr6lbzdcztb06eusjkudcc47eqa9vwz2ic2vgw&rid=giphy.gif&ct=g