Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Adrian-x
on 03/11/2015, 21:22:08 UTC
Smallblockers happened to me. Scale or die.

Terabytes of blockchain that are to be filled with junk, with near zero cost, does not equal scaling but an open-wide attack vector to destroy BTC.

We should put you in charge. you seem to know how people should spend there money!  remind me again who in bitcoin land has the power to decide which bitcoin transactions are junk?

money velocity is not junk, its a fundamental measure of an economy, we have a limited supply so the only place to grow is increased velocity.  

and "at near zero cost"? what planet are you on!

we are paying miners with Bitcoin inflation 25BTC every 10 min. it's still early days and needed for security while we grow economies of scale.

you choose:

Limit Block Size we'll see 1MB blocks push tx fees above $10. per transaction. (if the new users think its a good idea and pay to use bitcoin it may gorow - demand in bitcoin is not a given dispirit what come Core Developer - Experts think)

or

lets the free market decide and let in an extra 1000 transactions generate the $10 fee along with added security in diversity.  

give it up, you and your buddy doc's gang lost. This is not the time or the place. Find another venue, we're here to have fun and talk about markets not display butthurt on behalf of the failed vendetta of a shill.

Bitcoin don't die like that, I have nothing to give up. I'm here a I just want to pump the price and look at trains.

The fact we are headed into a brick wall with limited transaction volume is a concern. We can take the brakes off, hobble bitcoin or we can open it up and let new users in.

I'm here to help everyone secure there bitcoin on the Bitcoin Blockchain and encourage it to grows in value for all.