Re: Bitcoin XT has code which downloads your IP address to facilitate blacklisting
11% is not bad. good to have a choice now = XT
when people have to pay 1 USD for a transaction, people can switch to XT easily.
I hope that you understand this argument properly. Paying $1 as a fee for transferring $10M is really a lot. Bitcoin was never designed for very small purchases, and a substantial proposal/implementation is needed for this to happen. I really doubt that even with a big backlog of transactions that the fees would rise up to $1 in a short matter of time. Currently the optimal fee/kb is $0.03.when people have to pay 1 USD for a transaction, people can switch to XT easily.
So who's winning, red or blue? I can't tell you guys apart anymore for all the name-calling and tantrums.
It is obvious.
What is a small purchase? a cup of coffee? Where did satoshi specifically say that bitcoin wasn't made to buy coffee but to buy I don't know... Xboxes? where is the cutoff from "this belongs in the blockchain but this doesn't because its too small"??
Supply vs. demand.
If you can't pay the fee required to secure the Bitcoin blockchain then it is likely your transaction don't belong there.