your comparing an oil tanker to a canoe at the moment tho
14.7 billion cap to 130 mil is a helluva network advantage
the next few years will be interesting ,i like it both ways
im invested in honeybadger and honeypony but i think badger will rape the pony in the next 6 months
Ahh, god man.. that's some terrible imagery...
You know I just thought of something.
The more Bitcoin goes up in price will inevitably cause a lot of push back on the devs from doing anything like Hard Forking anything in or doing anything of the sort to improve. I mean in a way, Bitcoin is being bought up for absolutely no reason at all. That's kind of like a kid being rewarded for not doing his homework... what do you think he is going to do next time when home work is assigned?
When I see Bitcoin's price and network effect grow up, I just see people looking at Bitcoin's price as a reason for validating it's usefulness and "success" (it's been happening for a while). If that's the case, I just feel like something has got to give to where there is so much back up on the network that people will get insanely aggravated with it and probably start selling which possibly cause panic selling.
This is why I believe the "mandatory fork system" that Monero has is so awesome... Keeps everything "fresh" just like in Linux.
The more Bitcoin goes up in price will inevitably cause a lot of push back on the devs from doing anything like Hard Forking anything in or doing anything of the sort to improve. I mean in a way, Bitcoin is being bought up for absolutely no reason at all. That's kind of like a kid being rewarded for not doing his homework... what do you think he is going to do next time when home work is assigned?
When I see Bitcoin's price and network effect grow up, I just see people looking at Bitcoin's price as a reason for validating it's usefulness and "success" (it's been happening for a while). If that's the case, I just feel like something has got to give to where there is so much back up on the network that people will get insanely aggravated with it and probably start selling which possibly cause panic selling.
This is why I believe the "mandatory fork system" that Monero has is so awesome... Keeps everything "fresh" just like in Linux.
the more money goes into btc the more develpment will be forced to happen ......
people like greg who may be slowing down progress now will be removed by those with a larger economic interest
And I don't know if I really believe all that... I understand the logic behind all of that, I really do... but at what point does it become "enforceable"? I mean, was $700-800 not enough monetary incentive for people to "force" core to do something? If $900 is, who is going to be the big tough guy to lead this mob to grab their pitchforks and torches in order to "force" Bitcoin Core to do stuff?