your comparing an oil tanker to a canoe at the moment tho
14.7 billion cap to 130 mil is a helluva network advantage
the next few years will be interesting ,i like it both ways
im invested in honeybadger and honeypony but i think badger will rape the pony in the next 6 months
Ahh, god man.. that's some terrible imagery...
You know I just thought of something.
The more Bitcoin goes up in price will inevitably cause a lot of push back on the devs from doing anything like Hard Forking anything in or doing anything of the sort to improve. I mean in a way, Bitcoin is being bought up for absolutely no reason at all. That's kind of like a kid being rewarded for not doing his homework... what do you think he is going to do next time when home work is assigned?
When I see Bitcoin's price and network effect grow up, I just see people looking at Bitcoin's price as a reason for validating it's usefulness and "success" (it's been happening for a while). If that's the case, I just feel like something has got to give to where there is so much back up on the network that people will get insanely aggravated with it and probably start selling which possibly cause panic selling.
This is why I believe the "mandatory fork system" that Monero has is so awesome... Keeps everything "fresh" just like in Linux.
the more money goes into btc the more develpment will be
forced to happen ......
people like greg who may be slowing down progress now will be removed by those with a larger economic interest
And I don't know if I really believe all that... I understand the logic behind all of that, I really do... but at what point does it become
"enforceable"? I mean, was $700-800 not enough monetary incentive for people to "force" core to do something? If $900 is, who is going to be the big tough guy to lead this mob to grab their pitchforks and torches in order to "force" Bitcoin Core to do stuff?
my guess is that most of the spotty teenagers will be bought out of btc in the $3-7k range and large funds,financial institutions and government money will take it over before the 2020 halving ........
these sort of mega corps will not be blackmailed or held over a barrell by people like core and they will ultimately take btc throug the 10-100k range and beyond
i think the current core devs are not as important as they think they are and they will either conform or get their wings clipped when btc gets
really valuable ......
I have a feeling in the not so distant future financial institutions will attempt to take control of XMR as well as most all if not all of the coins, resulting in people losing faith in the idea of coins forcing the government to step in and bailout.
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