The unconfirmed transaction log is growing faster than they confirmations. Death spiral has been initiated. I see how this plays out, no matter how long it takes.
The only death spiral we can foresee is that of BCH,where miners are abusing difficulty to keep the coin price relevant
https://steemit.com/bitcoin/@ashr/btc-death-spiral-don-t-buy-the-fudThat's a really poorly written article, the argument is basically "BCH fails becuz MANIPULATION" over and over. The author has no background on the difficulty adjustment algos out there - many coins now adjust the difficulty on EVERY BLOCK, specifically to AVOID miner manipulation. So his conclusion is exactly 100% wrong.
The EDA (Emergency Difficulty Adjustment) can cause a fluctuating hashrate, so what? The block times for BCH can vary, again, so what? The point is, the blocks are NOT FULL and the FEES ARE FAR LOWER on BCH.
The full mempool and decreasing block times for BTC lead to a death spiral if the diff is not adjusted soon enough. And those weaknesses are plain to see right now.
Last week, BTC almost ground to a halt due to the hashpower shifts. The miners essentially "issued a warning". The BCH blockchain is longer now.
Kore and Blockstream are in way over their heads, they're clueless clowns at this point.