Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
vapourminer
on 29/06/2018, 12:54:56 UTC

So you can expect that (Satoshi not Core) Bitcoin will be only for $billionaires by then with $50,000 transaction fees. But that is what is necessary for our BTC to go to $1 million.

Again I don't understand what the fuck you are talking about.. because now you seem to be suggesting that you will have to be a billionaire to be able to use bitcoin by 2032?  sounds like nonsense to me.  Have you heard of segregated witness that facilitates the development of second layer solutions, such as lightning network?   The combination of on-chain and off-chain solutions, and various developments in that direction will likely negate your suggestions that bitcoin is evolving into elitism.

short version, from my limited understanding: if you have coins that you have had pre aug 2017 (the core/bcash split) and have only been moved to legacy core addys since (and are not contaminated with segwit lineage), those are so called satoshi coins and will survive a segwit doom scenario.

last of the v8s posted a link upthread to the satoshi coin site run (afaik) by trilema.

i have made sure the bulk of my coins from have stayed in non segwit addys, most from paper wallets from 2013.. after the split (bcash and core are considers splits from the satoshi coin chain) i xfred to non segwit core addys and sold that bcash crap).

i do have some segwit coins, those are the "spending" coins i use for buying stuff like pm and newegg etc. satoshi coins are for long term hodl.