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Author Topic: What If There Is No SCALING Problem?  (Read 124 times)
CryptoBry
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November 27, 2017, 05:16:09 AM
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Right now, Bitcoin is having a big blast that can lead for it to finally win over the long-awaited $10,000 level. Everybody is already expecting for this to happen within days or if something bad news can come maybe at least withing the month of December before the clock changed to 2018. Will there be a big correction....? Well, that is something for us to find out soon.

Now, with this latest development, I imagine what can be the possible value of Bitcoin if there is no scaling problem hanging over its neck like a Damocles' sword? Maybe it could have reached the $10K months ago and we are already seeing Bitcoin going into the 15K to 20K marks.

Do you think we small Bitcoin holders can do something to push for the solutions on this scaling problem?


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November 27, 2017, 06:38:10 AM
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Right now, Bitcoin is having a big blast that can lead for it to finally win over the long-awaited $10,000 level. Everybody is already expecting for this to happen within days or if something bad news can come maybe at least withing the month of December before the clock changed to 2018. Will there be a big correction....? Well, that is something for us to find out soon.

Now, with this latest development, I imagine what can be the possible value of Bitcoin if there is no scaling problem hanging over its neck like a Damocles' sword? Maybe it could have reached the $10K months ago and we are already seeing Bitcoin going into the 15K to 20K marks.

Do you think we small Bitcoin holders can do something to push for the solutions on this scaling problem?


What scaling problem? The Core developers introduced SegWit to address some of the needs and the wallet providers and exchanges are stubborn to implement it. Once these people come to the table and support it, Bitcoin will not have these problems.

This is like Google releasing a patch for Chrome to fix problems with their browser and people not running the patch and complaining about these problems.

These companies have to accept that SegWit2x failed and that SegWit is the current solution. Look at LiteCoin, where SegWit is running without any problems. ^smile^

Edit : The picture really necessary?

jseverson
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November 27, 2017, 08:09:46 AM
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Not really. We're not feeling any significant effects right now. It's mostly a future-proofing problem. Newbies don't come into the cyrptocurrency scene saying "Oh, Bitcoin has a scaling problem, I'll take my money elsewhere." For as long as it's valuable, and it works, there shouldn't be a problem. And that's where we currently are. The only notable effect of this scaling problem I can think of is the forks. Everyone has their own ideas in solving it. If we didn't have a scaling problem, I don't think hard forks would be as attractive.

As for what small holders like us can do, all I can really think of is use segwit. I haven't yet, but I really should lol, and so should everyone else.

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