Exchange fees go up: - when the prices shoot up, attracting speculators - when the prices crash down, spooking speculators - when bigger players move in and

Exchange fees go up: - when the prices shoot up, attracting speculators - when the prices crash down, spooking speculators - when bigger players move in and pay for quicker transaction clearance - when time passes Exchange fees go down: - when it's calm and quiet, and there is no frenzy So a bit like a fishhook, then?