Liquidity is slowly dieing, if you want the success of btc go into the streets doing the ponzi game that's your only chance and last hope really.
Just know that bitcoin only needs to be 1% in any of those markets of growth. -Electronic payments -Black Market -Global Money supply Any of these pretty much.
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Bitcoins price should act similar to how the 1920`s were with the dollar value.
The same value now worth of a dollar is $1,000 is similar to having $70,000
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I dont think anyone really can lol..
This is just from experience with horrible deposit timing or lost with the exchange. They use that lame service called payeer that actually helps scams.
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I know its a matter of when, so it can be like within this year or maybe 4 years down the road.
But, why cant we just upgrade our wallets to handle the 20 mb, besides I thought the 1 mb issue is regarding on seperate transactions anyways. Right now its like 300 kb at most per transaction with me.
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So what youre saying is theres no such thing as having upgraded wallets to hold and handle 20 mb? We dont have the current problem. I thought its like 300 kb per transaction or less.
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You`ll drive yourself crazy, if you are looking at the price point daily.
Its valid to see it at that level though, but keep in mind to see it in another view, then just the price point. Like how other countries have too much financial pressure that needs this.
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I think I`ll pretty much hold, until some brave soul will fix small details of the memory situation when it does come.
But, until then I`m stilling holding cause its not the price really, its more of where the other countries need this that have financial pressure.
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If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.
The issue now is when and how. I know, but if it is "too late", in my mind that is just an interesting experiment in how the fee market will react. Of course it could slow down the whole adaption, which is bad, but it can't stop the project, nor can it open a window for competition. Okay, so lets say we go with this model. With the fee market based on transactions spent, whats consider a fair fee then? I dont believe the fee market concept will work.
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RALLY? block size will be increased, but no idea when and what details rally Yeah maybe in like 5 years. I would understand if this was based on each transaction, but we are no where near this problem. 1024 kb for 1 mb, and I see transactions at 300 kb
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Maybe if the forum was off-line for like an entire 2 weeks then maybe.
Cause then I`d point out where most of the forum members do transactions here on the currency exchange section, that dont want to pay a premium for it.
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Okay, actually I take back my previous comment.
If there was a issue with blocks taking up more then 1 mb or actually adding to be 1 mb within those 5 years, then I`d hope for some block to upgrade the space.
Or else we would see so many backlogs.
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To a good majority, yes price does matter.
But technically at the same time, theres a small percen of people who see more value as something else then just a priced asset.
Right now, this seems to be the only way to hold real money, since its not being printed like fiat.
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I think as long as governments exist, such like IRS provides a good sum of revenue to the system everythings going to be taxed.
Its something uncontrolled and out of your hands, since there is a existing system, and fall into the category as same as stocks or other forms of investment will fall under.
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Words, words, and more words. If I asked my dentist she would say bitcoin is a kind of tooth. lol
Wait what? Are you saying bitcoin feels more of a physical asset or that bitcoin is just a pain to even determine where it falls under all of these categories. As for the asset class, I would consider it - if it falls on the same with gold.
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This has been one of my most interesting reads in awhile. Thank you. Really? like really? "The Secret Space Program Those living on Mars will demand payment soon! This involves refineries and mining companies. Virtually no one knows about this aspect of the programme. Those who do know are afraid to speak out. All countries are involved in very big debts, because real money went off Earth." I get SpaceX is been doing incredible things, but we are no where near living on mars lol.
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im not too familiar, but shouldnt any alt currency end up being like doge coin.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
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I came in way too late of the game. Around 2012 when it was $100, bought 1 btc, only since was new the whole scene. I`d like to hear what the old timers what they have to say though.
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I think people are just fed up with the prices, and they feel its not worth it?
I dont know, but obviously the demand isnt there on what people think so far right now.
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