BTC fundementals are bad, but BTC goes up anyway. BTC fundementals have been bad since 2015 when it traded for $200. But the market doesn't care about fundementals so long as transactions are processed. It does this well enough by charging $15+ to do it. If it's $100 per transaction, it'll still work in the end. It may eventually compete with other coins when it gets that bad. Will be much higher in value then.
It's like a newbie mistake to think BTC fundamentals matter, I used to fall for this over and over again. Then I learned it generally wont matter until the market can no longer afford to pay $100 per transaction.
i cant afford to pay $10 per transaction hahahaha. $10= 180 pesos argentinos :( I think the high demand has saturated the network. Its a different situation that when it was at 200, they have approached the scaling issue the wrong way, if they did. My bets are on dash and bitcoin cash right now. The market is irrational in that sense, if it keeps that way it would be cheaper to make bank transfers. ;)
Yes but why would you want to do lots of transactions ? I have bought and sold BTC but why would I want to send it ? I exchange it for ETH mostly and send that - I tried LTC but ETH has proven to be cheaper and faster so far, costs next to nothing, everybody uses it and the longest wait has so far been 20 minutes, which is bearable.