Quote from: wachtwoord on September 21, 2016, 12:58:08 PM

Quote from: becoin on September 20, 2016, 10:52:38 PM

Quote from: zimmah on September 20, 2016, 09:03:01 PM

Quote from: JayJuanGee on September 20, 2016, 07:31:24 PM

Quote from: noobtrader on September 20, 2016, 05:29:21 AM

i guess this btc thing will stay at 6xx for decades before some new development (and/or) mass adoption happen... Cry

Are you prone to exaggerations, or what?

What makes you think that bitcoin is going to stay in the $600s "for decades"? Sure it is possible, but you seem to be lacking any kind of insight based on reality or assessment.. or maybe you need a bit of patience?

Sure, BTC prices have been in the $600s for 2-4 months, depending on how you look at the matter, but does this translate into decades.. .hardly. ... maybe you could argue or complain that we could be here for many more months, or even a year or two, ... but "decades?" get real. Roll Eyes

If we keep the 1MB blocksize limit we might also stay on $600 for decades.

But if we do increase the blocksize and the amount of transactions the blockchain can handle per second we should see more adoption and therefore higher prices as well.

On the contrary. We should decrease blocksize if we want to stimulate innovation. Only expensive transactions will speed up development of projects like LN and sidechains.

Larger block size means lower security and therefore lower price. So no, if you want the price to go down you should increase block size.

Events make more of an impact on the price than all the block size stuff. Last November when China "unbanned" Bitcoin again the price shot up, and nobody gave a crap about the block size.