Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
kingcolex
on 04/02/2015, 16:26:11 UTC

You are taking into account, that there will be a time, when you can't use Bitcoin as you are used to do it. I think, that would really hurt Bitcoin.
If Bitcoin is successful, this problem will occur.

Do you have hard evidence for your hypthesis other than vague projections that may or may not come true?
You are repeating the same over and over again while ignoring the counterarguments presented.
It's not a hypothesis it is fact, it is numbers. If Bitcoin is successful and transactions increase the block size will increase hitting the cap, this means the next transactions will be forced to wait for the next one, which is getting filled quickly and causing a congestion. There is no hypothesis, this isn't that might happen but it will happen IF Bitcoin keeps increasing in popularity and transactions.

When will it happen? How can you tell the future? Bitcoin can't even hold its marketcap and demand is in decline. So what you are doing is wild guessing on what may happen in the future but you can't prove it beyond doubt. And there have been arguments layed out that show bitcoin will not get stuck even if the blocks hit the limit.
What arguments? There is no transactions without blocks and blocks are going to be filled, When will it happen? I am not able to say when but it will if it keeps increasing. If you are needing a fortune teller to tell you the exact day Bitcoin has enough daily users that we need to increase limits I am afraid I can't help you but I can show you the data that shows Bitcoin transactions are increasing and have been since launch and that we are still on a steady increase.