Re: things are reaching a boiling point

Quote from: gentlemand on April 02, 2017, 09:59:28 AM

Quote from: iamnotback on April 02, 2017, 09:41:29 AM

Bitcoin will never scale without Litecoin. No significant protocol changes will ever be made to Bitcoin. Bitcoiners need to get this nailed into their thick skulls. Read the following:

Bitcoin will achieve maximum value by enabling SegWit on Litecoin. There is no other option going forward. The above linked post explains why in detail.

How would this be possible without some type of protocol change that allows stuff such as atomic swaps? Without that the chains are stuck as separate entities.

You apparently don't understand finance. The tail doesn't wag the dog.

You guys don't read all of my posts, thus you force me to post copies of my posts all over the place:

Quote from: iamnotback on April 02, 2017, 07:42:41 AM

Once I realized Bitcoin is never going to allow any major changes to its protocol, then I started to think about what would Blockstream do. That is when I was ripe for realizing what the LTC spike in price is probably about. Of course most of the Bitcoiners are stuck on this concept that Bitcoin has to scale, which I have realized is entirely unnecessary (and you still need to understand this) because Litecoin can scale yet Bitcoin will still capture the lion's share of the value of the scaling of Litecoin.

I explained why days ago. But y'all don't pay attention.

Any way, I don't mind providing you the link above.

Quote from: iamnotback on April 02, 2017, 10:44:57 AM

Quote from: r0ach on April 02, 2017, 01:48:59 AM

Bitcoin is a currency not money.

Incorrect. You don't understand finance. The tail doesn't wag the dog. Read this.

Bitcoin is not a medium-of-exchange. It is a unit-of-account and a store-of-value. Litecoin will be the medium-of-exchange. Small blocks will make Bitcoin for settlement amongst power brokers of finance.