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[AudraMiller]

There's been an increasing number of people that have been using bitcoin for their various transactions recently and I think it is largely attributed to the fact that bitcoin transaction fees have dropped drastically over the last few months. In fact recently I conducted a bitcoin transaction where the transaction fee was actually a few cents for a priority transaction as opposed to a previously being in excess of $20. In a recent news article that was released online it seems that the Bitcoin transactions has recorded a very high value of a billion dollars over the last week alone just on bitcoin transactions. This shows how many people are gravitating towards Bitcoin. What are your thoughts about this?

 

[BullyMaguire]

the current dip have really incucated silence ,I think companies that were all accepting it then probably have paused on the acceptance of cryptocurrency for now ,hope it boost there after , because for now things are actually no where amazing and others ,the dip really affected many people investment

I also think that some events are making it worst just like the terra crash. If i were investing millions of dollars in a ln asset and something like that happened in a similar asset i would think twice before trying to buy again since it can potentially happen again. Just like what they called it.. a bubble that can burst in a sudden

 

[Wisdom01]

I also think that some events are making it worst just like the terra crash. If i were investing millions of dollars in a ln asset and something like that happened in a similar asset i would think twice before trying to buy again since it can potentially happen again. Just like what they called it.. a bubble that can burst in a sudden

probably the psychology instinct of trader's have been affected , and I feel traders that have plans on buying the dip which would have increased the price of Bitcoin ,all bought Luna dip and the money have all crashed , so now Bitcoin needs more demands to get more boost which is not coming forth

 

[Japhnet]

There's been an increasing number of people that have been using bitcoin for their various transactions recently and I think it is largely attributed to the fact that bitcoin transaction fees have dropped drastically over the last few months. In fact recently I conducted a bitcoin transaction where the transaction fee was actually a few cents for a priority transaction as opposed to a previously being in excess of $20. In a recent news article that was released online it seems that the Bitcoin transactions has recorded a very high value of a billion dollars over the last week alone just on bitcoin transactions. This shows how many people are gravitating towards Bitcoin. What are your thoughts about this?

Yeah, i think this is because of the reduction of the bitcoin transactional fees. It makes sense to see that it attracts a lot of investors thereby resulting in a lot of transactions.