Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 06/10/2017, 03:15:48 UTC
I mean really.... Can you at least agree that we are somewhere on the lower end of a fraction of a percentage of world adoption, and just imagine first of all getting to a point of 1% adoption might take some time. 

The important vision is ubiquity of Bitcoin. As for me, I am working toward that vision.

It is NOT an "important vision."  You are suggesting some kind of phenomenon "ubiguity of bitcoin" which is NOT even close to being close to being a reality - and acting as if it were some kind of pressing concern - merely because you are "working towards that vision."  Maybe, someday, you will be able to recognize the difference between the here and now and what is imminent and what is 30 years from now without conflating them to be the same thing?  Someday?  Perhaps?


Quote
If there are 7 billion people in the world, then 1% would be 70 million using bitcoin in some kind of way... Are we even close to that? 

Obviously not. It would take about 280 days to make 70 million transactions on today's Bitcoin Core. Over a month on Bitcoin Cash, which is still too long, but nearly an order of magnitude better. Because big blocks.

O.k. say anything that you like in order to argue that bcash is supposedly superior, but at least 1% is a more realistic aspiration.