For those who think BTC is now "fixed," here's how to calculate how fixed it is.

Find the date back when the mempool was at its ATH.

Divide the ATH mempool size by the most optimistic segwit improvement factor (1.7) to get your "fixed" ATH mempool size.

Now find dates on which the mempool hit this "fixed" size and lookup the average tx fees for those days.

This is your new "fixed" fee, the fee you can expect to pay the next time the BTC network is in as much demand as it was on the ATH mempool day.

(If BTC tx volume grows in the future then your fee will become less and less fixed, but let's continue to ignore that for now.)

What number do you get?

submitted by /u/LuxuriousThrowAway
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source https://www.reddit.com/r/btc/comments/94d1rg/for_those_who_think_btc_is_now_fixed_heres_how_to/

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