
Mining Data & the Quest for On-chain Alpha | Karim Helmy, Sam Trabucco & Josh Frank | Compass Podcast
The Mining Pod | Blockspace Media
00:00
Bitcoin Fees Are Looking Pretty Rough Right Now, Right?
I like looking at peass as a reasonable prodictor for, likeo not prodictor, sorry, like, corolate to how people are feeling. It literally is demand to transact on chan, right? So if there's low demand, that's just, you know, another supporting thing that may be, like, the market's not feeling so hot. I also feel the same way about, like, stable coin supply broadly. Like, i think tether supply generally increasing over a long term means people are feeling pretty ok the market. And when it's decreasing for a while, that means probably not not so so hot.
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