Soon it will cost more to send a coin than to buy one.
I seem to remember reading that the majority of addresses in the UTXO set are underwater.
Even if that was the case, it'd become virtually free once LN rolls out.
Nope. You still gotta get that output onto the chain in order to bind it into a channel.
We always worried the fee market wouldn't work.
Maybe
you did.
We always knew the fee market would work. Because greed. The potentially corrupting force that Satoshi harnessed for good.
It's not only about fees, it is about network congestion. I am hodling, but I hope every day for them to announce a blocksize increase as a temporary fix while we keep waiting for a working LN fully deployed. A small blocksize increase that we would need anyways even IF LN was already in place.
And no, for whomever is thinking so: BCH crapcoin is no solution... if Bitcoin fails ALL the crypto castle will crumble.
Sure. Keep mumbling to yourself in denial: I
didn't pick the wrong horse. I
didn't pick the wrong horse. I
didn't pick the wrong horse.
So how is it a problem? The block size is the only thing standing in the way of sacrificing security, decentralization and censorship-resistance. It is that simple.
Poppycock. The block size has fuck-all to do with security, decentralization and censorship-resistance.
Businesses that require stable unit of account for trade/commerce (to avoid exchange rate risk) or reliable confirmation (tx may or may not confirm depending on fee/backlog) will not use crypto.
Or maybe such businesses will ... just hear me out here ... maybe such businesses will use some other crypto that does not suffer such crippling flaws.
ripple passed bcash XD... either they are stashing all the last bch pump money there before another blow or btc money are going there during the drop not to pump bch...
^^^See my previous reply to LewisPrienne
That Lambo is turning into a second-hand Schwinn as we speak!!!!
If its a Cherry Picker, that's about as good. XD
Looks like bcash, no? Although, it would look better with the heads of Roger, Jihan, Craig, PeterR, Jbreher and perhaps one or two other notorious figures in Bcashlandia.
::le sigh:: I sense a photoshoppin' on the horizon...
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