Post
Topic
Board Altcoin Discussion
Re: *BTC/BCH end-of-year prediction*
by
bathrobehero
on 03/08/2017, 06:00:20 UTC
My guess is BTC 3200$ and BCH 40$  Smiley

Bitcoin Cash has just processed a block of 4.7MB without any issues.

We've been told many times by Core/Blockstream that anything above 1MB is dangerous.

Bitcoin Cash clearly shows it was a big lie.

Transactions with Bitcoin Cash cost a penny; transactions with Bitcoin/Segwit cost a dollar to send.

More people are going to use Bitcoin Cash because it's so much cheaper, followed by price, followed by hashrate Smiley

I really don't get why people don't get the simple fact that if transactions are super cheap than so is spammig 8 MB or even gigabyte blocks full therefore raising fees.

There has to be a transaction fee market and there's no way around that - which is fine.

8MB blocks might still be dangerous along with the rest of the changes BCH did but the issues might not get unveiled for a long time.