We need the network to fill ~50MB blocks ( or maybe like 20MB with segwit ) at that point it's going to be generating at least 12.5BTC in fees each block which is more than enough.
Do you think we should expect an exponetial decrease in full-nodes? And do you think that will be lame? No. soon when BIP??? is implemented miners will be able to communicate new blocks with a tiny header rather than send the entire contents of the block. at that point nodes need only be able to keep up with the networks TPS, a node behind a slow 2Mbps can keep up with 100MB blocks. 100MB blocks with segwit = ~2Mbps ~1400TPS capacity just about the same as Visa's avg TPS. |
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We need the network to fill ~50MB blocks ( or maybe like 20MB with segwit ) at that point it's going to be generating at least 12.5BTC in fees each block which is more than enough.
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had we went with the 8MB limit that almost pasted >6 months ago i bet we would be seeing 8MB blocks FULL of fees...
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Spam fills blocks => a "savior" comes along and says the solution is to increase block size to fill blocks with more spam under the pretext of scaling txs => you have both a power grab and more inefficiency to deal with.
is 100x 50cent bets spam? the idea is to have enough TX on the network so that fee's replace block subsidy. i say, let the BMO's blockchain app spam away! |
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My gut says sub $200 is possible......
That means MOOON BABY! ............. /\ ............ / \ ............/ BTC \ .........../ ___\ ...........|....☆| ...........|..☆..| ...........|☆....| ...........|..☆..| ...........|....☆| ...........|..☆..| ...........|☆....| ...........|..☆..| ...........|....☆| ........../|$$!$$|\ ........./.|$$ BTC$$|.\ ......../..|$$!$$|..\ ........|../.^|^.\..| ........|./..(.|.)..\.| ........|/...(.|.)...\| ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛ |
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Fellow bitcoiners, bag holders, mother's, sons of bitches! glory is ours for the taking. segwit is a banner, symbolizing our power and cunning, a techno cou de force! throught deep commitment to strong consensus we will achieve an infallible system in which will will sow the seed of disruption. We WILL destroy markets and assimilate nations! nothing can stop us. buy hold spend, spread. We need only be the change we want to see and we shall have it! seize the day and buy ALL the bitcoins!  |
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Every Core developer associated with Blockstream/PwC should lose commit access. What a disgusting alliance.
core has done good, they said they needed more time, and with time they came up with segwit. |
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no new ATH till well after the halving + some form of doubling of capacity + nodes making full use of BIP9
750-500 $ range for most of 2016
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OK, so that'll pay for the fee... i'm able to support miners and give away 5cents at no cost! because bitcoin |
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i don't think ill sell 420 i'll sell past 600 mostly all out at about 750 try and get back in with 10%ish all in b4 new ATH after that.  |
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nothing will happen it will go hit 400 and back down to 385 and then kinda flat line at 395
What happened to $420? I was kinda looking forward to that. 360 happend I go by bitstamp and so far we've only seen $363.78, and because of my own logistics, I was only able to buy some at $368. I really wasn't expecting any shoot up to $420, yet I know in Bitcoinlandia, a surge of 15% or more in either direction , even within 24-72 hours is not outside of real possibilities. i bought 380s and 360s 420 flight has been delayed. |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful. *notary service Public notaries exist for *legal* reasons. A *court* has to accept the notarization as valid. Start learning here  lol you really think Courts aren't going to accept blockchain tech? LOL Until then it's not a notary service. Looks like a lot of people are going to get conned by ethereum-based services this way. People don't understand that an "agreement" isn't worth shit if it's not enforceable. ethereum is a programing lang. that you use to move BTC or LTC or ETH around, and there is no single server that runs the code, the network is the runtime environment, its kinda wacky, but in a way reminds me of skynet. the best app on ETH right now is some provably fair pyramid schemes, i guess, should look into that. |
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nothing will happen it will go hit 400 and back down to 385 and then kinda flat line at 395
What happened to $420? I was kinda looking forward to that. 360 happend |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful. *notary service Public notaries exist for *legal* reasons. A *court* has to accept the notarization as valid. Start learning here lol you really think Courts aren't going to accept blockchain tech? LOL Until then it's not a notary service. won't be long now one of these contracts signed with blockchain will be part of some cort case, coindesk will write about it, poeple will keep using stampery |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful. *notary service Public notaries exist for *legal* reasons. A *court* has to accept the notarization as valid. Start learning here lol you really think Courts aren't going to accept blockchain tech? LOL |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful and disruptive.
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nothing will happen it will go hit 400 and back down to 385 and then kinda flat line at 395
hey adam, did you wrote the first post or did you bought the account? how is the mood or your girlfirend? Hey this is adam long time bitcoin user holder speculator. I can sell you physical coins that have a mini public / priavte key pair, i got them from Casascius back in the day. this account has never been bought / sold and never will be. and despite what poeple here say, mostly all my calls have paid off well, if you subscribed to Bitmovments in 2013--2014 i motivated you to buy every dip, till Oct-Nov. and said sell at ~800. I've decided to make bit movements open to everyone this year, which has encouraged buys below 400, called the trend reversal, and is now calling bottom. I feel like shit this morning thanks for asking, coming down with a cold, my GF is fucking awesome she's giving me a blow job tonight! i can prove it. to prove that I'm the initial owner of the account please request a message from me signed with Bitcoin address 1Gyrsur3XcEoGjCarnXvGTVAS3rvjsdVm3
 i think i can prove it too, i publicly made bets here and there, i think with the same blockchain.info wallet i use today. |
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i think it's silly to think bitcoin, the first ever crypto, the crypto future monies are sure to be based off of is going to be worth less than a box office hit.
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