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Author Topic: 5 Chinese mining pools propose 8MB block size  (Read 5434 times)
R2D221
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June 29, 2015, 06:27:41 PM
 #101

Gavincoin's idea of doubling every 2 years is not a good one.

if they cannot propose another better idea, then we need to accept that, i mena we can't wait forever until someone come up with an idea, now i'm starting to believe that this problem should have solved much early, with the fork of 2013

thus you don't need today to fork again and at that time, chinese were not controlling 60% of the network, and playing the dictator's game...

You can accept it, I will not.

I don't have an issue with BTC costing $5-10 to send and using something like Bitshares to buy coffee with and Bitcoin to store wealth.

I do have an issue, though. Why should I need to change currency just to be able to buy coffee? It's just not worth the effort.


Same reason people use to have copper AND gold.  

I believe that people will own a handful of currencies in the near future.  The altcoins have been completely underestimated.

The same reason people have a savings account and checkings.

A visa and a line of credit.

Still you don't understand my point. My savings account and my MasterCard and my spare change is denominated in the same currency. I don't have to do any exchange between currencies to get money from the ATM and buy a sandwich.

An economy based on endless growth is unsustainable.
spazzdla
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June 29, 2015, 06:39:32 PM
 #102

Well I would recommend holding some major Alt coins as a blockchain in the 100's of Ts will kill BTC.
turvarya
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June 30, 2015, 09:52:09 AM
 #103

Gavincoin's idea of doubling every 2 years is not a good one.

if they cannot propose another better idea, then we need to accept that, i mena we can't wait forever until someone come up with an idea, now i'm starting to believe that this problem should have solved much early, with the fork of 2013

thus you don't need today to fork again and at that time, chinese were not controlling 60% of the network, and playing the dictator's game...

You can accept it, I will not.

I don't have an issue with BTC costing $5-10 to send and using something like Bitshares to buy coffee with and Bitcoin to store wealth.

I do have an issue, though. Why should I need to change currency just to be able to buy coffee? It's just not worth the effort.


Same reason people use to have copper AND gold.  

I believe that people will own a handful of currencies in the near future.  The altcoins have been completely underestimated.

The same reason people have a savings account and checkings.

A visa and a line of credit.
Wow, that is the worst comparison, I heard in a long time.
They had copper, because you can't just make smaller pieces of gold, there is a threshold, where it gets unpractical. That is a problem you won't have in a digital world.

https://forum.bitcoin.com/
New censorship-free forum by Roger Ver. Try it out.
Blawpaw
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June 30, 2015, 06:23:41 PM
 #104

Gavincoin's idea of doubling every 2 years is not a good one.

if they cannot propose another better idea, then we need to accept that, i mena we can't wait forever until someone come up with an idea, now i'm starting to believe that this problem should have solved much early, with the fork of 2013

thus you don't need today to fork again and at that time, chinese were not controlling 60% of the network, and playing the dictator's game...

You can accept it, I will not.

I don't have an issue with BTC costing $5-10 to send and using something like Bitshares to buy coffee with and Bitcoin to store wealth.

I do have an issue, though. Why should I need to change currency just to be able to buy coffee? It's just not worth the effort.


Same reason people use to have copper AND gold.  

I believe that people will own a handful of currencies in the near future.  The altcoins have been completely underestimated.

The same reason people have a savings account and checkings.

A visa and a line of credit.

I believe that in the future, and especially because of the Internet Of Things, we will see a handful of crypto currencies.
We will probably see one for each industry or business. The fact is that digital currencies have enabled the use of micropayments and that will certainly make a difference in the future!
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