Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bambou
on 06/10/2015, 21:58:18 UTC
Quote from: Fatman3001 on October 06, 2015, 09:48:19 PM
Quote from: bambou on October 06, 2015, 09:34:08 PM
Quote from: Fatman3001 on October 06, 2015, 09:28:54 PM
I see no reason why fees can't pay for a pretty hefty pow network when there's no block reward but thousands of transactions a second and $30k-$70k coins. Any artificial scarcity on this front now will strangle Bitcoin.

Start with there is no "thousands of transactions a second and $30k-$70k coins" as of now, in reality y' know..

No, now there's block rewards paying for a pretty hefty and oversized pow network.

Huh You not happy already freely spamming a network that takes a difficulty of 60,813,224,039 and 456,026,187 GH/s?

Show some gratitude young man, now where is the mass adoption thing kicking in again?