Is the 1MB bs limit a recursive price limit due to fees?

[hv_]

Has sombody analysed this ?

Could it be that the fee increase we see puts a inherent economical limit on the max bitcoin price by demand reducing?

And this price limit might just be around 1k (€,$) ?

[jonald_fyookball]

Has sombody analysed this ?

Could it be that the fee increase we see puts a inherent economical limit on the max bitcoin price by demand reducing?

And this price limit might just be around 1k (€,$) ?

https://www.reddit.com/r/btc/comments/6185v3/very_sobering_picture_of_bitcoins_centrally/

[hv_]

Has sombody analysed this ?

Could it be that the fee increase we see puts a inherent economical limit on the max bitcoin price by demand reducing?

And this price limit might just be around 1k (€,$) ?

https://www.reddit.com/r/btc/comments/6185v3/very_sobering_picture_of_bitcoins_centrally/

Thx, havnt seen that.

Looks bit fuzzy. I d like to see some correlation ana, but maybe data set still to small to get enough confidence.

[jonald_fyookball]

Has sombody analysed this ?

Could it be that the fee increase we see puts a inherent economical limit on the max bitcoin price by demand reducing?

And this price limit might just be around 1k (€,$) ?

https://www.reddit.com/r/btc/comments/6185v3/very_sobering_picture_of_bitcoins_centrally/

Thx, havnt seen that.

Looks bit fuzzy. I d like to see some correlation ana, but maybe data set still to small to get enough confidence.

I really haven't analyzed it. 

First impression is that it makes no sense -- you can't have a logarithmic Y axis on the same chart as a linear axis and
have it work...and I'm against log based price charts anyway...that being said there might be some insights there
in the thread.

[odolvlobo]

Has sombody analysed this ?

Could it be that the fee increase we see puts a inherent economical limit on the max bitcoin price by demand reducing?

And this price limit might just be around 1k (€,$) ?

The effect is not one-way. While a rising transaction fee might depress adoption, lower adoption will in turn depress the transaction fee. That suggests an equilibrium influenced by other factors.