Bold prediction: BTC will never again have fees of >$25 sus…
Bold prediction:
BTC will never again have fees of >$25 sustained for more than a week.
Replies
After the halvening, don't BTC need something like that 52 weeks a year just to keep the current price up (and thereby hashrate/miners)? I don't remember the math, but I do agree with your prediction. I've put all my BTC on BSV for some time now.
But the price'll double, bro. It'll be fine.
This is a complex way to state bearishness, if you think about why there were $25 fees in the first place.
Yes, but it encompasses far more than bearishness.
I don't believe the market can/will support >$25 fees on BTC because it has already created alternatives for those who would have been willing to pay that much in the first place.
No, not LN or Liquid.
For greater than a week, I agree.
*BTC gets too high.
They'll use their "stable coin" fiat scam tokens when BSV gets too high. I'm talking about legit users who might have never used crypto before (most people on Earth) who think the BSV services are interesting even if they don't know they are using BSV.
At the transaction fee peak last time people were promoting LTC as a way of transaction fast.
Now there are more options. BSV will be seen as the best fast transaction method because people will already be making BSV by using other BSV services online.
@2 I agree to an extent. The problem is that so much of the "demand" for BTC is between exchanges, and the exchanges are quite anti-BSV on the whole. It will be interesting to see how that pans out.
Perhaps.
I think they're separate cause/effect issues, though.
Separate interests.