Quote from: pedrog on August 23, 2016, 08:41:09 AM

Quote from: deisik on August 09, 2016, 10:16:54 AM

Quote from: pedrog on August 09, 2016, 10:12:30 AM

Quote from: deisik on August 08, 2016, 06:11:14 PM

Increasing the block size would evidently decrease fees since there will be less competition between the senders of funds for the inclusion of their transactions in the newly found block, which consists in increasing the fee size (the higher the fee, the faster the TX will be included in one of the new blocks). Miners surely won't like that...

Thereby, the block size is not to be expected to get increased any time soon

You're talking about peanuts.

With increased capacity comes increase in usage and types of usage making the system more valuable.

Do you really believe that increased capacity can somehow lead to an increase in usage? If it were so (simple logic), why had it not been done already (I mean the block size increase) given that miners are interested in "making the system more valuable" as no one else out there? This is not a rocket science or quantum mechanics to get a clue at what's going on...

In short, you are putting the cart before the horse

Well, one thing is sure, if there is no more room for growth usage cannot increase...

Not necessarily. People will just transact less with greater amounts of coins per transaction. Actually, there is a lot of room if we blow off dust from the blocks. In fact, I've seen many charts and graphs in respect to Bitcoin transaction statistics but never met such one. That is, a distribution of transacted amounts per block...

Does anyone know what such a distribution might look like, and how much dust is there?