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681  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 05:10:30 PM
he pokes again(but never learns). so lets keep biting

You are not a bear.  You have no bite.  You have vivid fairytales and fantasies.  You're about as threatening as a cotton bud.

1. increasing fee's does not make the system better. it make bitcoin look less appealing.
2. not everyone needs to run a full node with 120 peers
3. price of data storage is NOT $$millions.
4. scaling bitcoin network does NOT mean "gigabytes by midnight"

1.  Other coins have lower fees, but people continue to use Bitcoin more than any other cryptocurrency.  Again, if low fees were all people cared about, we'd all be using Dogecoin or something similar.  Clearly Bitcoin maintains sufficient "appeal".

2.  It's not up to you to decide what people do or don't need.  They will continue to make that decision for themselves and express their preference with the software they choose to run.

3.  Just a few posts ago, you were talking about people in countries with low hourly wages.  Why does that argument suddenly go out the window now?  The price of storage and DATA USAGE/BANDWIDTH (the more important factor, as you've been told on dozens of occasions) does not have to be high for you in order for it to be prohibitive in someone else's budget.  Stop being a hypocrite and "put your mind into the context of countries where 5cents is an hours labour" as you phrased it.  

4.  No one is saying it is.  Doesn't mean anyone cares where you think the line should be drawn, though.  Not your call to make.  Run whatever rules you want, but don't expect others to agree with you.


One of these days I hope someone does code a client giving you everything you've ever asked for.  Then, I can watch with glee while you give yourself an aneurysm trying to justify why it has about the same number of users as the client you're running right now.  

and in all your waffle you still are ignoring the problem that many people talk about. and instead you just want to social rant at me.. very un persuasive... but very boring

have a nice day though.
quick response to your points
1. other coins are not popular due to many reasons. do research
2.i am not deciding what people need or dont need. i am no the one coding the needs. i am just highlighting that the ones coding stuff are ignoring peoples needs. go research
3.lowwages does not go out the window. funnily enough i speak to many people around the world on low wages and i am the one not afraid to speak out for the issues they have. countries on low budget can get low budget PC. funny part is in western countries westerner pay a premium. developing countries dont have $50 a month phone bills. they have phonebills at what equates to the same % of general income.
EG if in america average low income is $300 a week where internet is $50 a month. developing countries at a third the income have third the internet cost. might be worth you understanding that most bills are based on % of basic income to be 'competitive' and its not like the whole world pays the same price. go research
(hint: why do you think people prefer imports and buying stuff from alibaba/aliexpress rather than ebay/amazon)
(double hint: things are cheaper when obtained from countries with cheaper labour)

4. you keep thinking that i am mandating stuff.. yet you cover up the ones that actually do mandate stuff..  i think you are so backward thinking you forget who is saying what. remember the devs are happy to admit their schemes so why endlessly pretend they do nothing and some how make out its me that is changing things..
in short if you dont like an opinion. click the ignore button
682  Bitcoin / Bitcoin Discussion / Re: The release of Satoshi's personal data on: January 31, 2019, 05:03:40 AM
To be fair, dt's not spamming/hawking any wares.

'wares'
i know that DT has some sexual motive to promote james. but i am glad DT hasnt gone as far as trying to hawk james under'wear'. i hope DT just drops the narative and doesnt start to put a price on james 'skiddies' like DT was trying to put a price on certain account usernames
683  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 01:37:29 AM
back to the topic.

we dont need to stifle onchain scaling to push a fee war. fee's are not important for decades.
blocks dont need to be pushed to gigabytes by midnight.

what can actually occur to satisfy everyone is this
incremental block growth
fee priority mechanism that hurts spammers and incentivises efficient use of the blockspace

thus instead of everyone paying 'average' fee (which in itself is flawed)
people pay an amount depending on personal circumstance of that particular transaction
EG someone that only transacts once a day pay 144 times less per transaction than someone that transacts every block. so a spammer for instance would pay $1.44 PER TRANSACTION to have their funds respent every 10 minutes and someone that spends only once a day pays $0.01 PER TRANSACTION

and its a win win win. because the foolish crew that think they will get rich via LN can then have their niche users(spammers) they can push into LN and leave normal people alone to use bitcoins network as it should be used(cheap and borderless)
684  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 01:12:37 AM
blah insult blah
he pokes again(but never learns). so lets keep biting until he learns to research before poking

1. increasing fee's does not make the system better. it make bitcoin look less appealing.
2. not everyone needs to run a full node with 120 peers
3. price of data storage is NOT $$millions.
4. scaling bitcoin network does NOT mean "gigabytes by midnight"

users with low bandwidth and low storage can do many things right now to reduce the impact on their personal circumstance without trying to stifle bitcoin adoption as a whole.

its the same argument about videostream uploaders/ online gamers/ etc.
doomads mindset is to push hard that video upstreaming and online gaming should not be allowed because it costs so much to run.
doomad is the kind of guy that will want to go back to playing 2player pacman

if they want to stifle bitcoin adoption because they cannot afford to be a full node then maybe being a full node is not that important to them.
its like why want to be a train driver if you want the passenger carriage to be empty, just so 2 millionaires can have a carriage to themselves

being a full node IS important to businesses that actually need to monitor many transactions an hour. not the basement dweller that uses their mums phone bill to monitor two transaction a week and then complain the phone bill is high in comparison to the lack of personal utility they gain from being a full node

when speaking to real people thats the ultimate rejection/objection they come to once you get to the root problem.. they dont want to spend $100 every 4 years on a new hard drive or pay XX a month on a phone bill if they personally are only watching for their own 2 transactions a week. they dont see the cost/utility benefit.
yep. get to the root of the problem and thats its, people see the phonebill and hardware upgrade every 4-8 year and say 'but i only handle xx tx a year personally"


and as such those only monitoring 2 transactions a week are not the important usecase category of people that should be full nodes
its far better to have 100,000 BUSINESSES as fullnodes that can afford fibre/5g and hardware upgrades, where those businesses NEED to monitor hundreds of transactions a day. compared to 100,000 basement dwelling kids who have to explain to their mum that the phone bill is high because they need to monitor 2 transactions a week

that said. increasing the transaction capacity is not a "gigabytes by midnight" debate which doomad continues to try to imply. since 2010 we could have scaled onchain in small increments which even today would have allowed more transactions per block, kept fee's at sub-penny levels and still be well under home computing costs

simply because home computing is not expensive, home computing does allow for more transaction capacity than so far seen.

ultimately after month of reading doomads flip flop arguments, all i see doomad wanting to do is push people into LN in the (miss)informed belief that he will make money out of users routing through him. his mindset is not on the ethos/ethics/morals of bitcoin. but on his personal greed.

now here is the funny...
doomad is happy in scenarios of 100,000 users to be non factory nodes of LN where they are just phone app litewallet users where the funds are not 100% in the users control... but then flips the flop to pretend them same users are crying about needing to be full node bitcoin network users. whereby bitcoin needs to be stifled purely for empty cries

ok its been months and i still see a big lack of research done by doomad. so lets change the narrative
doomad how about attend some bitcoin meetups regularly to atleast get you out of your cabin fever/echo chamber, maybe that will be the stepping stone you need to look outside your personal rhetoric.

and yes in the UK there are many meetups happening regularly. so no excuses not to attend
685  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 12:06:56 AM
The problem is not in the costs of bitcoin transactions but in people's awareness of bitcoin. There are still many who don't use bitcoin because of the volatility and price fluctuations that occur in bitcoin, so these two things should be overcome to be able to grow bitcoin in everyone's eyes.
volatility is not a problem
every week we see retailers changing the prices of bread, milk. people are actually used to seeing prices of things fluctuate
EG when the dollar-pound moved from $1.60 to $1.25 not many people were screaming bluemurder that forex is broke.

if bread moved from 0.80-1 and then to 0.70 people have not been going out and doing strikes/protests. they just treat it as norm

volatility is not a problem
i have travelled to many countries and the biggest issue is using bitcoin where each transaction is an hours minimum wage is the thing that makes 'the unbanked' not want to use bitcoin.

too many people are stuck in their own basement mindset of 'its ok for americans'
and too many people are happy to censor out billions of people purely due to racial motives of only wanting the west to get rich.

(im a white brit with a large hoard, but i can atleast see beyond my personal circumstance)

anyway, right now we do not need to concern ourselves with excuses to stifle bitcoin innovation onchain under the fake narrative of doing it for the benefit of miners. because for DECADES the miners will be incentivised by non fee's

so we should be concentrating on scaling bitcoin getting the adoption. and then.. IN DECADES let the fee's interplay.

the real foolish thing is this
before fee's are even an issue. the roadmap is to push people off network already so that without scaling. user utility of bitcoin declines onchain and drops the fee's(total) thus making it become a situation that all individuals ned to pay more.

thats like taking trains off the tracks to convince people to use buses and then say train tickets are cheaper, even though there ar not enough train seats being allowed to cope with normal demand because they are pretending that all the efforts of reducing train usage is to give train operators a christmas bonus. yet its not even giving them a bonus. its just charging less people higher prices.
the complete opposite of charging more people less fee's
686  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 11:27:52 PM
i talk about many things. you and your buddies just drop in to poke when developers are mentioned.

But you have to admit, it's funny how you never talk about the part where non-mining full nodes and miners are equally culpable in making the network what it is today.  It's almost as though you don't understand how Bitcoin works at all and somehow genuinely believe that devs make all the decisions.  You couldn't possibly be that uneducated, though, surely?   Roll Eyes

If or when those securing the chain desire more throughput, then (and only then) will it happen.  Your incessant whining about devs won't expedite it.  Full nodes and miners are the ones who are free to choose what level of burden they are prepared to carry.  It appears as though they're comfortable with what we have now.  There have been an ample number of opportunities for people to run code supporting larger blocks over the years.  But, for the most part, people are sticking with our present route.

But sure, whatever, you keep blaming the people who wrote the code instead of the people who are running it.  It's bound to work one day.    Roll Eyes

oh here goes doomad meandering the topic way off topic... he pokes the bear so lets bite.
firstly i talk about alot of things. but i talk about the deeper stuff. and the cause/effect

 its not like there is much code diversity to oppose/object to/counter the roadmap.
and when there is, the roadmap advocates do everything they can to push non roadmap off the network

i do understand how bitcoin works. more so than you. i also know what events actually occured. where as you deny they even happen.
you have been pushing hard to deny that august 1st 2017 happened. you have been pushing hard to deny the REKT campaigns even happened.

yet the developers have been happy to admit their actions. it is only you and your buddies who deny such events.
so spend less time on your social drama. and spend more time researching, and maybe you will learn what bitcoin is really about and what actually occurred.

the reason developers are to blame more so than users is this.
1. developers develop the code.. users dont.
2. developers put code in to bypass peoples wishes (mandated bypasses, inflight upgrades)
3. users dont get as much of a decision if they are always treated as "compatible" and dont get a opt-in or opt-out. it just changes without choice.
4. when there is a choice lately its not a if opt-out it dont happen. but more so if opt-out your thrown off the network to fake a vote of acceptance

so like before its you that needs to decide ar you a flip or a flop.
because some days you pretend users get a vote/choice. and others your anti-vote mindset shouts that people dont get a vote.
its you that does not understand the issues and how bitcoin had/should function vs how it has been run lately

so spend less time replying and more time researching until you yourself can stick to a rhetoric that atleast matches data found on the blockchain

...
any way
sorry folks doomad does that alot.
hopefully he doesnt reply and spends the time to learn more about bitcoin. but i expect he prefers to keep replying and now derail this topic.. and then play the victim
687  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 10:18:09 AM
Haha. Me and my buddies? Stick to the debate.

Taking that aside, Bitcoin will not be compromised so that billions of people can use the network for their coffee transactions that will be recorded in the blockchain FOREVER. Do you believe that censorship-resistant value transfers should be used to buy coffee? There are trade-offs, and there will be costs to keep the network decentralized while scaling out.

you said to put your buddies aside...
yet then go into a speach that your buddies have used time and time again about coffee..
not original, not new, and not the point.

atleast try to sound original by doing some research.
the coffee debate is outdated and laughed at. try picking a rebuttal with substance that actually shows good technical reason to avoid blockchains.

but lets update you...
1. no where on the blockchain would it ever say "coffee". what developers dont want is value of less than $3 being used on a blockchain(equivalent of coffee)

2. in a CENSORSHIP RESISTANT VALUE TRANSFER system, should developers be choosing to CENSOR and RESIST VALUE TRANSFERS of under $3

remember $3 is a weeks wage in some countries..(think before you reply)
688  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 07:43:18 AM
Segwit v2 has already lowered the transaction fees which were getting ridiculously high. It is more about the transaction times that will drive adoption, this is where lightning network comes into play

segwit has not lowered fee's

pre segwit fee's were only a couple cents (under $26k a day)
post segwit fee's are more than 10cents (over $50k a day)

the whole segwit 2015 promise were cheaper fee's where people were expecting sub-penny prices again.. but instead fee's are higher

its like walmarts fake offers
all that happened was cheese rose by 2000% and then reduced by 5x to make it empty feel like a discount from temporary bubble.. yet still expensive compared to previous norms.

put your mind into the context of countries where 5cents is an hours labour.
put your mind into the context of countries where 5cents is an hours labour.
put your mind into the context of countries where 5cents is an hours labour.
if you have not yet done this then...
put your mind into the context of countries where 5cents is an hours labour.
and then ask yourself about the utility of btc

but here we go ago, another dude trying to promote lightning without understanding that its a different network thats not encapsulating features purely for bitcoin.
689  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 07:36:54 AM
the problem might boil down to bitcoin's economic design. with a hard cap on supply, inflation will approach 0%. if fees are negligible (by increasing block size beyond current demand), that leaves very little on the table for miners.

that's why this questions is so controversial. increasing block size means sacrificing future guarantees of mining security. i think low fees are more appropriate in blockchains with unlimited supply.

wrong
1. instead of 2000 transactions needing to increase from say 20cents to become 40cents
    is the exact same as 4000 transactions needing staying at 20cents. there is no need to avoid 4000tx just to push fe's upto 40 cents.

that's an oversimplified analysis. the two situations are not exactly the same in the context of block size. what matters is how many transactions can fit into a block. if all transactions can easily fit into blocks at all times, fees will approach zero because there is no competition to drive fees up. therefore, there is no incentive for miners to publish transactions or secure the chain after inflation ends.

the block size limit is the only thing that causes fees to rise above 0 at all. it doesn't matter if there is 2000 or 4000 transactions. what matters is whether there is income for miners.

as for security and the cost:
todays ~40exa is just 2million machines(asics)
yet ~40exa 7 years ago was trillions of machines(CPU)
so although the SAME security would have cost people alot more years ago. its actually cheaper now, yet more secure

that's just because miners are subsidizing the cost of transactions. they do this because they're trying to accumulate bitcoins while the inflation rate is still high.

this situation is unlikely to exist when the hard cap is reached and fees are miners' only source of income.

and all of your rebuttals are empty
simply because you wish to avoid scaling the blockchain now. when fe's are not needed, to incentivise more adoption... purely to stifle adoption with debates that only concern things in many decades.

its far better to make things cheap and easy to use now. ONCHAIN to get people using bitcoin. and then let th miners concerns play out in a decouple decades. than it is to say bitcoin shouldnt scale now or ever, purely to promote other networks and harp on saying that blockchains cant work. (but they can)
690  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 06:32:16 AM
the problem might boil down to bitcoin's economic design. with a hard cap on supply, inflation will approach 0%. if fees are negligible (by increasing block size beyond current demand), that leaves very little on the table for miners.

that's why this questions is so controversial. increasing block size means sacrificing future guarantees of mining security. i think low fees are more appropriate in blockchains with unlimited supply.

wrong
1. instead of 2000 transactions needing to increase from say 20cents to become 40cents
    is the exact same as 4000 transactions staying at 20cents. there is no need to avoid 4000tx just to push fee's upto 40 cents. it makes more sense(excuse the pun) to increase transaction capacity. to both allow people to transact and not have to pay as much.. win win win

2. no one is screaming gigabytes by midnight. the growth of more transactions IS needed. but no one is saying it has to be
gigabytes by midnight. plus more importantly no one is saying that fee's are important for mining pools this next decade
so we can start progressing now. in preparation for a few decades time.. emphasis PROGRESS,
delaying and waiting a decade then suddenly jumping helps no on and certainly pee's off billions of people that are still wondering what the hell are developers waiting for

3. also needing everyone to pay an average of 20cents is bad aswell. its far better to have someone that only transacts once a wek pay only 1cent and someone that transact several times a day pay $1 each time. that way the punishment for abuseing the space fits the individual rather than spreading it across to make everyone liable no matter how efficient they are

4. as for security and the cost:
todays ~40exa is just 2million machines(asics)
yet ~40exa 7 years ago was trillions of machines(CPU)
so although the SAME security would have cost people alot mor years ago. its actually cheaper now, yet more secure
691  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 29, 2019, 12:25:26 PM
But you concentrate the debate too much on "but Bitcoin is peer to peer electronic cash", and how the Core developers are preventing that from happening. There are trade-offs, and the solution isn't as easy as increasing the block size.

There network needs to scale out.

i talk about many things. you and your buddies just drop in to poke when developers are mentioned. but seeing as you have, then yea it must be highlighted that its the devs that can actually do something about it after all bitcoin is not some self coding AI

EG instead of everyone paying standard rate average.. devs could RE-implement a fee priority (yep they removed one).
for instance implement a fee where those that spend funds more than once a day pay more per transaction than someone who pays less than once a day. thus being fairer on everyone. rather than effecting everyone due to a few bad actors

p.S its you and your buddies that think the only two options are stagnate bitcoin innovation to push other networks.
there are many ways to scale bitcoins network. but all your interested in is promoting other networks while suggesting bitcoin is not easy, and shouldnt be electronic cash

but my point of the last post is people thinking 10cents is acceptable are being very ignorant to a billion people that would see an advantage for bitcoin.. yet think 10cents is ok for less than a billion people who could easily do the same thing using fiat. in other words bitcoin is being promoted as only fit for those that dont NEED bitcoin, but want it just as a profiteer route. thus missing the whole point of bitcoins invention
692  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 29, 2019, 08:23:47 AM
many people above are just saying "not a problem" but yet they are not showing the stats or who the problem concerns.

firstly from 2015-2016 fee's per block were BELOW $26k
in 2018 fee's per block are 4x

i know many western countries will keep on being narrow vision to say its all good for western richguys, but again those saying its all good are ignoring BILLIONS of people that have issues with money and want alternative solutions to banks.

when a TX fee costs more than an hourly wage you cant just say "its fine"

wake up people, look outside your own personal circumstance and think about the whole purpose of bitcoin
and no,this aint a time to advertise other networks.
693  Bitcoin / Bitcoin Discussion / Re: CoinStar: turn coins into BTC on: January 27, 2019, 02:11:47 AM
Are they really obliged to follow such strict procedures even for what is literally spare change? We're still talking about USD 25,- here, not thousands of dollars.

these days without ID for small amounts there is no way to prove small amounts.
EG how do you prove someone has not done 20x $900 rather than 1x$900.. without knowing the persons ID to log their transaction history

what you need to realise is 99% of KYC is not to report you. but to let the business police its customers to avoid needing to report
694  Bitcoin / Bitcoin Discussion / Re: CoinStar: turn coins into BTC on: January 26, 2019, 05:58:52 PM
coinstar is a machine that traditionally converted junk pocket change into a voucher that could be spend in the store.
the reason junk change 'cost' money is because
1. the retailer rents the device so needs to charge a fee for the service
2. the retailer needs to empty the machine regularly. costing labour.

this is why using the traditional junk change to buy bitcoin is not available as the junk change is a service between the customer and retailer.
the bank note-btc is a service between coinstar-customer. not retailer-customer so although its the same device. the service is via a different company contractually(prevents retailer needing a MSB licence)
695  Bitcoin / Bitcoin Discussion / Re: Outstanding conditions on: January 25, 2019, 07:05:07 PM
1-) we need to stop the scammers so that governments and banks take seriously the crypto world
2-) we need to stop manipulating the volumes in the exchange
4-) we need to stop with pump and dump schemes so that governments and banks take seriously the crypto world
5-) we need to stop the shitcoins that increase every day
For us to achieve this, probably the only way is to heavily regulate exchanges(correct me if I'm wrong), but I think this is definitely something that most people wouldn't want.


Unforutnately, as long as anyone can create and start cryptocurrency projects, then there will always be shitcoins. Again, I think the only way to stop this is heavy regulations.

regulations dont stop scammy exchanges. regulations turn exchanges into sherriffs to police its own customers, allowing exchanges to impose rules that can negatively impact customers while protecting the business.
whats needed is to strengthen consumer protections. which is different than rgulation.
for instance making it easier for consumers to report a business and actually get treated seriously.

as an example. in the uk regulations are that a customer cant easily just take a regulated business to court easily. they only recognise claims if a user has gone through the businesses policy first. EG
complaints department, formal written complaint, omburdsmen/arbitration and then courts. where each level is designed to dismiss/sway/delay the customer getting a result they want hoping the customer gives up trying.
for instance if you done each step and waited 14 days per response per step and 14 day's to the prepare next step it can take a year to have exhausted the policy steps, and then when going through court system, delays can take another couple years and many appeals and costs to discourage customers further
696  Bitcoin / Bitcoin Discussion / Re: Can bitcoin sustain itself on fees alone? on: January 25, 2019, 04:07:32 AM
You don't get no layer two without accessing it via layer one. In a successful scenario demand for layer one space would be enormous. It would be an occasional thing to interact with it, not every single time you move money.

the idea of lightning is that people that have coins on exchanges(cold stored for months/years anyway). where users do not withdraw them to the blockchain personal private keys.
but instead an exchange 'credits' a user with a unaudited/unconfirmed 12 decimal channel balance

this is where exchanges become "factories" (custodians) thus the amount of transactions occurring onchain REDUCE.

trying to say that there will be more transactions onchain is a false notion. as the whole point of LN is to take demand AWAY from bitcoin network

what happens will be that the bitcoin network will end up just processing custodian(factory) batch transactions as they swap reserves.

and individual users are left stuck in joint contracts(not 100% control) channels. or paying huge fee's if they want self control
all for the FALSE rhetoric that fee's need to be high and utility needs to be low
697  Bitcoin / Project Development / Re: Bitcoin Comic - Volume #1 on: January 25, 2019, 02:03:27 AM
crowdfunding would be needed to covr the cost of publishing (printing) thousands of copies. yet people like to see a prototype/design first

it might be worth you creating just the front page of the comic to show example of graphic quality and expectation of content
698  Bitcoin / Bitcoin Discussion / Re: How about a bitcoin coinstar? on: January 23, 2019, 03:29:14 PM
How is converting coins into bills something that requires a fee?

coinstar is a machine that traditionally converted junk pocket change into a voucher that could be spend in the store.
the reason junk change 'cost' money is because
1. the retailer rents the device so needs to charge a fee for the service
2. the retailer needs to empty the machine regularly. costing labour.

this is why using the traditional junk change to buy bitcoin is not available as the junk change is a service between the customer and retailer.
the bank note-btc is a service between coinstar-customer. not retailer-customer so although its the same device. the service is via a different company contractually(prevents retailer needing a MSB licence)

699  Bitcoin / Bitcoin Discussion / Re: Can bitcoin sustain itself on fees alone? on: January 23, 2019, 01:10:05 PM
people DO NOT need to pay high fee's to make bitcoin mining functional. here is why

1. having an increased transaction count per block can offset this.
    EG 2000 tx of 25cents doesn't mean 2000 tx of 50cents after a halving. instead 4000 tx of 25cents offers the same solution
    this is not a point where the usual snake charmers shout out "gigabytes by midnight" or "blockchains cant scale".
    reality is they can scale. and it doesnt need to be jumping extra large real fast. but progressively over time

2. the 1.2fee:12.5reward wont 'flip' for a few decades. so shouting out we need fee wars now are empty argument

3. changing the mining algo to be less 'costly' to mine can provide solutions too

4. just because difficulty has gone up. doesn't mean it has to continue go up. difficulty can plateau,
    so COSTS may not increase continually thus not need to increase the fee

5. though the reward halves. the price of reward deflates(goes up) meaning 12.5btc today is worth more than 25btc pre 2016.
    so tx fee's are not essential replacement, because the btc price deflation is the replacement

6. if pools cant make profit. they wont mine as strongly. its not like they are forced to work.
    they can give up. leaving and letting the remainers have a larger slice of the pie to offset.
    EG if 100k asics was getting $50k per block($0.50 each) but were not making profit. then say half stopped.
    now 50k asics are getting $50k ($1 each)  
700  Bitcoin / Bitcoin Discussion / Re: If you are buying BTC in 2019 because you think it is Bitcoin, you are being foo on: January 20, 2019, 04:59:58 PM
without going into the social drama of altcoins

essentially you just imagine it like dollars
BTC is the US dollar and BCH is canadian dollar and SV is australian

yep BTC(US) is the popular one and yes when someone shouts out they want "dollar" its best to ask do you want U.S, canadian or austrailan as they are different

but as soon as you start saying any crypto is just 'plastic' your just then opening a can of worms to try explaining why btc is not plastic by same definition. so easier to say its just another less popular currency much like canada and australia

many people when denouncing crap coins as scams then fall flat on their face when they then have to try describing why if 2000 coins are scams then default the one coin that uses same tech must also be.. which then takes too much effort to explain the differences. so just keep it simple
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