Quote from: jehst on August 19, 2016, 08:28:24 AM

Quote from: zimmah on August 17, 2016, 07:53:50 PM

Quote from: keystroke on June 17, 2016, 11:17:46 AM

I think we are entering another super-cycle but there is still going to be a ceiling on stable price, which can be temporarily overshot, due to the cost of mining taking up too much of the world's energy consumption.

https://bitcointalk.org/index.php?topic=694401.msg9186092#msg9186092
https://bitcointalk.org/index.php?topic=694401.msg7841448#msg7841448

Would be helpful to run these numbers again.

I believe a super-cycle is way overdue, but because of many problems right now it is being held back

for example the bitfinex problem and the blocksize debate that has been gone on for way too long and is still not even anywhere close to solved.

If that were true, then some altcoin with better scalability would've rocketed past bitcoin. Yet here we are, with the total cryptocurrency market cap below bitcoin's all-time high.

The simplest explanation is that the demand just isn't there.

The Monero has good scalability. It does not have a block size limit. The block size is adaptive to the current demand.