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Author Topic: Make Bitcoin Great Again!  (Read 249 times)
allthingsluxury
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August 01, 2017, 02:42:56 PM
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In this episode of the Keiser Report’s annual Summer Solutions series, Max and Stacy talk to Jaromil of Dyne.org about how to make bitcoin great again. As the great blocksize debate of bitcoin spills out into all out civil war, what are the solutions on offer and what exactly is the solution at the heart of the reason for bitcoin? They also discuss the flippening, ethereum and initial coin offerings and whether or not they are offering any solution to a real world problem.


Click here to watch this video:

http://www.goldsilverliberty.com/2017/08/make-bitcoin-great-again.html


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August 01, 2017, 03:39:36 PM
 #2

I can not see the video, it looks like website error.

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webtricks
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August 01, 2017, 03:41:11 PM
 #3

No doubt block size is biggest Bitcoin concern atm and reason for series of forks. Best solution for block size is always Segwit and 2Mb is more than enough for now. So we could see huge decline in Bitcoin fees after Segwit2x fork for sure.
Today's decline in fees is temporary due to conservative people approach before fork but soon after Segwit2x fork maybe in Nov, we will see permanent downfall in fees. This will surely make Bitcoin great again and merchant friendly.

PS: Bitcoin Cash 8Mb block size sucks!  Tongue
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August 01, 2017, 04:16:25 PM
 #4

No doubt block size is biggest Bitcoin concern atm and reason for series of forks. Best solution for block size is always Segwit and 2Mb is more than enough for now. So we could see huge decline in Bitcoin fees after Segwit2x fork for sure.
Today's decline in fees is temporary due to conservative people approach before fork but soon after Segwit2x fork maybe in Nov, we will see permanent downfall in fees. This will surely make Bitcoin great again and merchant friendly.

PS: Bitcoin Cash 8Mb block size sucks!  Tongue

I would love to see Bitcoin really reach its full potential in terms of so many factors including the lowering of transaction fees and making it really lightning fast. Sure, there is now the BitcoinCash (BCH) but it remains to be seen how it can perform in the sea of altcoins we already have.

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allthingsluxury
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August 08, 2017, 02:38:41 PM
 #5

No doubt block size is biggest Bitcoin concern atm and reason for series of forks. Best solution for block size is always Segwit and 2Mb is more than enough for now. So we could see huge decline in Bitcoin fees after Segwit2x fork for sure.
Today's decline in fees is temporary due to conservative people approach before fork but soon after Segwit2x fork maybe in Nov, we will see permanent downfall in fees. This will surely make Bitcoin great again and merchant friendly.

PS: Bitcoin Cash 8Mb block size sucks!  Tongue

I would love to see Bitcoin really reach its full potential in terms of so many factors including the lowering of transaction fees and making it really lightning fast. Sure, there is now the BitcoinCash (BCH) but it remains to be seen how it can perform in the sea of altcoins we already have.

Exactly, only time will tell on how this will fair and yes, there is certainly room for improvement, but all in all, it a vastly superior to the horribly flawed fiat system we find ourselves subjugated under at the moment.

BitcoinsGreat
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August 08, 2017, 05:35:32 PM
 #6

No doubt block size is biggest Bitcoin concern atm and reason for series of forks. Best solution for block size is always Segwit and 2Mb is more than enough for now. So we could see huge decline in Bitcoin fees after Segwit2x fork for sure.
Today's decline in fees is temporary due to conservative people approach before fork but soon after Segwit2x fork maybe in Nov, we will see permanent downfall in fees. This will surely make Bitcoin great again and merchant friendly.

PS: Bitcoin Cash 8Mb block size sucks!  Tongue

I would love to see Bitcoin really reach its full potential in terms of so many factors including the lowering of transaction fees and making it really lightning fast. Sure, there is now the BitcoinCash (BCH) but it remains to be seen how it can perform in the sea of altcoins we already have.

Bitcoin is already moving towards its full potential. If you examine, we just have a softfork swegit which has make the transaction confirmation time faster while at the same time lowering the bitcoin tx fee.
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August 08, 2017, 05:43:12 PM
 #7

No doubt block size is biggest Bitcoin concern atm and reason for series of forks. Best solution for block size is always Segwit and 2Mb is more than enough for now. So we could see huge decline in Bitcoin fees after Segwit2x fork for sure.
Today's decline in fees is temporary due to conservative people approach before fork but soon after Segwit2x fork maybe in Nov, we will see permanent downfall in fees. This will surely make Bitcoin great again and merchant friendly.

PS: Bitcoin Cash 8Mb block size sucks!  Tongue

Best solution would be Lightning Network

And this is where and when we are going to see the fees decline for real which would make the genuine difference. SegWit is only a crutch itself (or an interim solution, if you don't quite like such terminology). I'm 100% sure miners will quickly find a way to kick the shit out of SegWit and make the fees great again. But it still serves its purpose since, as they say, better late than never (as well as something is better than nothing), and it opens doors to future updates and improvements despite what miners might think or do to the contrary
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