Re: Automated posting

LOL, just withdrew some BTC from an exchange, they are paying 0.00015936 XBT = $0.0924195 CAD per tx. just got 2 confirmations in like 2 minus.
Blocks are only full if your are not paying almost $0.10 per transaction.

and so it begins - to quote rocks

Quote

The goal is to slowly introduce a fee market. First slowly knock out very low value transactions, then add SFSW to slightly increase capacity. Then knock out moderately low value transactions, then add 2017 2MB HF to slightly increase capacity.

They will increase capacity, but at a very slow rate that falls behind usage growth. The effect will be a slow introduction of a fee market that removes more and more use cases for Bitcoin.

There is a limit to how slow Bitcoin can grow just like there is a limit to how slow an airplane can fly before it falls out of the sky. I don't know what that limit is, but somebody apparently wants to find out.

good test pilots know that one of the first things to do when type converting to a new aircraft is handling familiarisation which should include taking it into a stall, side-slips, perhaps an incipient spin ... you need to test the limits before you really know the system behaviour thoroughly enough (at the limits) before you take it up for a real bashing in turbulence with paying passengers on board

hey, Chuck Yeager, their are already paying passengers on board. We are refugees. We know you warned us that your plane was still untested, but many of us didn't really have a choice.

buckle up then fly-boy, this is going to get rough ... we told you it was still a beta (experimental) project ... fancy going for some tail-spins?

Yeah, no. I'm looking around at the seats, The tray-tables, the safety belts, even the main engines and landing gear- everything says "made in China".