BTCsessions on Nostr: Dec 2017, Bitcoin at $20k, fees nearing 100 sat/B -Segwit barely rolled out -Exchange ...
Dec 2017, Bitcoin at $20k, fees nearing 100 sat/B
-Segwit barely rolled out
-Exchange tx batching sparse
-No RBF
-Wallet fee estimators/controls severely lacking
-Lighting doesn't exist
Today with a higher price and a similar mempool, we are infinitely better equipped.
As a comparison, I can remember in 2017 sending a Bitcoin transaction from a popular wallet with zero fee controls during the bull run. Cost me over $100.
Published at
2023-05-02 15:59:20Event JSON
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"pubkey": "1989034e56b8f606c724f45a12ce84a11841621aaf7182a1f6564380b9c4276b",
"created_at": 1683043160,
"kind": 1,
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"content": "Dec 2017, Bitcoin at $20k, fees nearing 100 sat/B\n-Segwit barely rolled out\n-Exchange tx batching sparse\n-No RBF\n-Wallet fee estimators/controls severely lacking\n-Lighting doesn't exist\n\nToday with a higher price and a similar mempool, we are infinitely better equipped.\n\nAs a comparison, I can remember in 2017 sending a Bitcoin transaction from a popular wallet with zero fee controls during the bull run. Cost me over $100.\n\n\nhttps://i.imgur.com/i2XMeIq.png\n\n\nhttps://i.imgur.com/Kf4gKnc.jpg\n\n\nhttps://i.imgur.com/Vqo2EDI.png",
"sig": "d2cd053d09356c31216a75f5120540bbd3c2beb57d759bcab38fc802ac7e6dfba2deea019da8783f9f0ea219a4d8dac2a6f669be64e75dbf900c6386b9a86e48"
}
