Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 06/02/2016, 19:29:18 UTC
We are nowhere close to "everything will suck soon" tm. You guys have been saying that for a year now btw.

Actually several years. We've been repeatedly pointing at the same stupid, unnecessary hard ceiling, and pointing out that the inexorable trend of increasing transactions has us on a clear intersect.

In the meantime, we have recently gone from things never sucking in regards to capacity, to things sucking for brief flashes of time. The issue is not how much one needs to pay to get a transaction through, the issue is that with the current block size, no more than about 350,000 transactions can be processed in a day. Period. No matter how much money is thrown at the transactions.