Quote from: Kronos21 on December 10, 2017, 01:39:51 PM

Quote from: Aamir1 on December 10, 2017, 11:36:45 AM

Now when the price dropped from $17k to $14k after the unconfirmed transactions reached 120k from 220k before a day, i think maybe you are right that the reason for it to stay at that level was almost because of the unconfirmed transactions. Though i don't understand the logic behind how it can be possible for the price to stay high because of the unconfirmed transactions because this thing almost stops people from making transactions and a very few people do transactions in these situations when the fees are extremely high. And when there are less transactions, it should make a negative effect instead of making to go even more towards positivity.

Same problem with the confirmation of the transaction Ethereum. Probably this is due to the attempt of the investors to sell high and buy bitcoin in the Ethereum. Has long existed the problem of evidence of transactions. I hope that next year the developers will find a decent response to the blackmail of the miners and increase the block size.

Indeed, there needs to be development to make the main cryptocurrencies more resistant to these kind of strategies. Especially now that btc becomes such a global phenomenon. I get that its hard to keep up with such a dynamic which we have seen in the last weeks, but if btc wants to offer a proper alternative to fiat, it needs updates to prevent such manipulation.
But wont the bigger block size also increase the energy consumption in general when it comes to mining? Thats a critique i came across a lot recently...