Post
Topic
Board Speculation
Re: Bitcoin price in 5 years - 2/2013
by
Vladimir
on 03/02/2013, 23:45:10 UTC
It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

If there is really a fork with unlimited transaction size, then most will follow it without questioning, people are ignorant, as long as their coins are valid Grin

It's not a bug, it is a feature.

P.S. Ignorance, is definitely a factor with Bitcoin, however.