Bitcoin DoS Attack Underway?
Learn how to CoinJoin your Bitcoin:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.
In this video, I discuss the full mempools and high transaction fees that are currently taking place with Bitcoin.
Is this a DoS attack, or congestion caused by inscriptions and BRC-20 tokens, or something else?
It's difficult to know for sure, but if this is an attack, it is doing a great job of enriching Bitcoin miners, which is not the best way to destroy the Bitcoin network.
Bitcoin transaction fees are a free market, and vary wildly over time. The alternative is more undesirable (having a central authority set transaction fees).
Are Bitcoin transaction fees too high or too low? And what makes you think that you know the answer to this question better than the free market?
Being able to transact on the Bitcoin network will become one of the most important activities on earth-- and thus will probably not be cheap to do.
This is a good thing, since it means that Bitcoin miners will continue to be paid to order transactions and blocks-- even after the block subsidy has gone away.
Not investment advice! Consult a financial advisor.
Bitcoin under DoS attack?
https://twitter.com/proofofjogi/statu...
Watch blocks and transaction fees here:
https://mempool.space/
Bitcoin Average Transaction Fee chart:
https://ycharts.com/indicators/bitcoi...
Transaction fees making up larger % of mining revenue:
https://twitter.com/DylanLeClair_/sta...
Will Bitcoin's security be doomed by low fees?
• Is Bitcoin's Secu...
Lots of small equal transactions on the blockchain:
https://twitter.com/dAnconiaMining/st...
Binance Resumes Bitcoin Withdrawals:
https://www.coindesk.com/business/202...
USD is a melting ice cube:
https://www.visualcapitalist.com/wp-c...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
-
LIVE
Kim Iversen
2 hours agoHYPOCRITE Chris Cuomo Confesses to Using Ivermectin, New York Times Claims RFK Jr Has Brain Worms
2,544 watching -
39:16
Bob Menery
1 day agoBob Menery & Ryan Garcia talk about PED allegations, Connor McGregor and Awkward Topics
1.83K2 -
LIVE
The StoneZONE with Roger Stone
4 hours agoStormy Daniels And Her Crooked Lawyer EXPOSED In NY Trial v. Trump | The StoneZONE w/ Roger Stone
2,360 watching -
1:35:12
2 MIKES LIVE
9 hours ago#63 2ML News Breakdown Wednesday with special guest Tony Lyons!
2.01K -
2:23:39
WeAreChange
3 hours agoJake Shields Vs. Israel Supporters Divide & Conquer Cage Match Spiraling Out Of Control
24.6K11 -
1:47:00
The Quartering
5 hours agoTrump Stormy Daniels Disaster, Starbucks Collapses, Cuomo Takes Horse Paste
36.8K20 -
58:26
Michael Franzese
4 hours agoTriumph Over Tragedy | 4-Time Cancer Survivor Steve Fleischmann
17.7K11 -
55:49
The Amber May Show
21 hours ago $0.03 earnedBuilding A Parallel Medical System | CEO Of The Wellness Company Peter Gillooly
12.9K3 -
53:10
Michael Feyrer Jr
1 day agoGet Your Live Streaming Questions Answered! LIVE
3.75K -
LIVE
Quite Frankly
6 hours ago"The Tartarian Empire: Questions & Theories" Jack of The Observation Lounge 5/8/24
1,787 watching