Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
turvarya
on 04/02/2015, 16:32:29 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.
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
https://blockchain.info/charts/avg-block-size?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
I didn't see any argument, explaining why that growth would stop. Can you show it to me?

Nobody said the growth would stop, what has been said is: hitting the blocklimit will not cause big trouble because the first thing that would happen would be microtransactions for tiny amounts of money happen somewhere else. So all your doom preaching and urgency is invalid.

Hitting the limit will not render btc unusable - in fact it will clean the chain from spammy microtransactions.
Wouldn't it be bad for Bitcoin, when transactions are happening somewhere(an altcoin?) else?
Spammy microtransactions are those with smaller fees aren't they? So more transactions means higher fee. So, it will lead to private people stopping to use Bitcoin, since they can't afford transactions.
Isn't small fees one of the main arguments for Bitcoin?
Tell me, how wouldn't that lead to higher fees?