Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is working fine! No change needed!
by
hv_
on 08/07/2017, 17:56:46 UTC
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.

Exactly, I fully agree with you, bitcoin is still working very well, its power has not changed, it is still the strongest coin. However, the only difficulty here is the transaction fee, compared to all other currencies, bitcoin is forcing a fee too high for each transaction, so it needs larger blocks to minimize it.

Why do you say that? Did you make any transaction lately or you are just repeating old news?

The fees are still too high for micro transactions.
And the clog in the mempool has dropped because the usage has also dropped.
People are sending less frequently money,not using it for small payments or earnings and this way you can't say that everything is fine.

Is like imposing gas ratios and when seeing people still driving around  you say everything worked well.

And btw, the network hash rate exploded lately and blocks are coming up at around 9 mins, that's a hefty 10% increase in the chain capacity that will evaporate (maybe) next week.


We are in a summer hole snapshot. All nice.

What father would say, all good kids, we have enough , stop working....

Winter is coming!!!