Why do people still overpay by 400x in the current low-fee environment?

Check this out, for example:

> 1,009.1 sat/vB – 167,000 sat $74.99

https://mempool.space/tx/2c8f84183cfb6b3c5f23ce1fe2f1a00c61eed820eed9a0761d9ff7bff0f0cb3d

I mean sure, it was over $10,000 worth of bitcoin, but even some transactions of much higher value are using $1 fees.

View Reddit by ky00b – View Source

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