Post
Topic
Board Bitcoin Discussion
Re: Block size max cap should be raised to 2mb with block halving in July 2016 -Y/N?
by
Amph
on 01/03/2016, 19:41:53 UTC
Yes.

Otherwise growth in Bitcoin is essentially capped and will move to other currencies. Speculators will also move on and the price will dip temporarily. This could possibly cause some spiraling issues... lower growth, lower price, higher fees, halved block reward. Bitcoin could lose their first mover and networking effect advantages in that type of situation.
A 2 MB block size limit does not solve anything. Please don't post nonsense.


it buy us enough time to find another solution, which is maybe better than blockstream and the sidechain thing, like we have found the segwit solution

so no, it can solve the problem

Yes.

Otherwise growth in Bitcoin is essentially capped and will move to other currencies. Speculators will also move on and the price will dip temporarily. This could possibly cause some spiraling issues... lower growth, lower price, higher fees, halved block reward. Bitcoin could lose their first mover and networking effect advantages in that type of situation.

and what is the problem to have many healthy with value blockchain systems? Why you think that one coin will rule them all in this new fintech era?

Nothing per say, but it lowers the value of BTC itself (or limits its potential value due to reduced velocity).

not to mention many of those crapcoin, are pure scam with huge premine, i can't see anything good in having many coins, which dilute the market