ordinals and inscriptions

[bitmover]

Fees are still going down 15 satvB is eernough to get a confirmation
If the bull market warms down , fees will get lower veery quickly

[KingsDen]

Well then, we've had the same story for a while now. I think this is a fad that will pass, but if there are people who are stupid enough to pay a lot of money to insert rubbish images in the mempool, that's up to them. It pisses us off when the fees go up but it will piss them off even more when they realise that everything they've spent is worthless (unless someone hits the lottery, so to speak). It sounds to me that there was a similar fad before this that eventually died out.

The fad I know will pass but how long will it stay in one question. Then, the second question will be if the fad pass, won't there be another. That is what we won't guarantee. From ordinals to the runes and then we keep counting. Since the loophole has been discovered, it will continue to be used.

we will definitely never see 1 sat per vbyte again in my opinion

No, not never. I believe we would see 1 sat/vByte again, but it is going to take sometime to happen. If all the spammers causing this congestion go away and there are no new ones, then fees can fall as low as that again.

While i also want to see 1 sat/vB again, i doubt it'll happen. Casey Rodarmor open the pandora box (letting average people know about adding arbitary data) and it can't be closed again. We'll continue to see people using Bitcoin for reason other than financial transaction, although we also can hope it won't gain much popularity/usage.

1 sat per vByte isn't possible anymore. We are gradually heading to bull run and we don't know what the spammers have for us in this bull run.

[Z-tight]

We'll continue to see people using Bitcoin for reason other than financial transaction, although we also can hope it won't gain much popularity/usage.

I know that with the spammers it would be very difficult for the fee rate to fall as low as 1 sat/vbyte, and stopping them would mean censorship in a censorship resistant network. However, just as you said, i believe people will start losing interest in things like these in the long run, and the hype will be lost, they cannot possibly keep this hype for a long time.

[dkbit98]

If the price sky rocket to 120k usd or more, I can just sell a little bit without doing big consolidations

I think this bitcoin ''rocket'' is now going the other direction towards the bottom, and it's no surprise with so much bad news and fud recently 
No idea how this will affect transaction fees and mempool, but we could see more cooldown in next few weeks.
We could have much bigger problems than fees in future...

[babo]

Fees are still going down 15 satvB is eernough to get a confirmationIf the bull market warms down , fees will get lower veery quickly

during the night we even reached 13 satoshis per vbyte, better than thatnow is the time to consolidate, dont think about it when the fees are highconsolidated, send something to LN or liquid and be ready for the next moment of high feesbetter prepare beforehand

[bitmover]

Fees are still going down 15 satvB is eernough to get a confirmationIf the bull market warms down , fees will get lower veery quickly

during the night we even reached 13 satoshis per vbyte, better than thatnow is the time to consolidate, dont think about it when the fees are highconsolidated, send something to LN or liquid and be ready for the next moment of high feesbetter prepare beforehand

I have hundreds, maybe even a thousand inputs.

Personally, I don't see this as a moment for consolidation. It will be very expensive to consolidate my inputs.

I will be spending the minimum inputs possible until I see really low fees again. I can wait until 2025 or 2026, no hurry..

[babo]

think about whether you have to do it with very high fees
I advise you to do it now that the fees are relatively low but obviously everyone decides for themselves, I don't oblige anyone
when it's time to spend them, however, you will be hit with fees, because perhaps they are high and you have to spend them

[babo]

surely as you may have noticed there was an absurd peak in fees (fortunately contained in a few hours) certainly due to ordinals or runes or the combination of both
I don't know if anyone has checked if he has rare satoshis, do it