Quote from: danielW on February 06, 2016, 03:26:51 AM

Quote from: billyjoeallen on February 06, 2016, 03:16:47 AM

The facts:
If half a million people wanted to send a single bitcoin to another address the same day, THEY COULD NOT ALL DO IT, NO MATTER HOW HIGH A FEE THEY PAID.

People know this and so we do not buy bitcoin. This is why the price is falling. Price will continue to fall or stagnate until capacity is raised.

Quote from: cbeast on February 06, 2016, 03:17:24 AM

Quote from: danielW on February 06, 2016, 03:05:05 AM

Facts:

1. Bitcoin functions perfectly with current limit. There is no urgent issue that is not FUD. It is a wholly manufactured non-existant FUD crisis. To say network is clogging, is FUD propaganda. I can send bitcoins all the time with no problems.

Agreed, given current hobby status.

Quote from: danielW on February 06, 2016, 03:05:05 AM

2. The crash landing FUD propaganda predicted by Mike Hearn has not happened, despite FUD being spread months back that by December (or latest Jan) the network would break down.

Agreed, given current hobby status.

Quote from: danielW on February 06, 2016, 03:05:05 AM

3. There is No reason to increase the block size limit now. To say otherwise exposes you for the complete ... Therefore, any FUD about need to increase to 2MB is laid bare as completely propaganda

Agreed, given current hobby status.

Thats why the best way going forward is to increase TPS via-segwit short term (superior to hardfork increase) and payment-channels, hard-fork, lightining, other methods long term.

No need for this contentious chaotic hard fork attempt that is really power grab in disguise, and trades off decentralisation.

That's quite a non sequitur. Maxwell is the one attempting a power grab. The clear supermajority wants to increase blocksize. Core is making this badly needed upgrade contentious and chaotic. We simply don't trust them to do the right thing. They are acting according to their own interest and not the best interest of the network.

I think Bitcoin will not, cannot grow until the governance model is changed. There is a clear conflict of interest with the core developers and Blockstream.