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Author Topic: how with 5G be with bitcoin?  (Read 451 times)
BorisWCR
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March 02, 2019, 09:27:33 AM
 #21

Having the 5G network will be so much good enough for having in a smartphone. I guess more people are too happy for this having it in Bitcoin transaction, because that would be a great help. For now, I am still using the 4G network in my smartphone. Hopefully I can have the 5G too.
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March 02, 2019, 09:33:15 AM
 #22

i think it partly depends on it adoption and spread around the world. bitcoin network is a global network not some local thing that depends on certain places and servers.
so we first need to see faster internet around the globe and in all countries otherwise it would be a biased thing towards those who have it compared to those who don't.

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March 02, 2019, 10:22:14 AM
 #23

Don't get why some are arguing if 5G will be beneficial or not and if we need it. Of course 5G will bring benefit to each individual. Its way faster than 4G and is easier and convenient. But 4G is still okay and fast. Both networks are okay. Its not like everyone is required to use 5G network. If you still want to use 4G then okay, but if you want faster than that, then use 5G. Still up to you what you want to use.
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March 02, 2019, 10:32:41 AM
 #24

5G will mostly support IOT and all that new technolgy like AI Vr AR i don't think it will bring any change in crypto currency world
I am enough happy with my working well 4G
And 5G will work only on devices developed for 5G
Current one are not compatible

 
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March 02, 2019, 10:35:11 AM
 #25

As far as I can tell 5G needs a repeater every few metres. That's going to be utterly useless where I'm at. You can't get a signal most of the time when 4G masts broadcast for miles. You can't get an unbroken signal on major road and rail routes with 4G.

It would be cool to have a full node on your phone but I can't see how it's going to happen.
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March 02, 2019, 10:58:55 AM
 #26

I do not think that the more pervasive Internet speed will affect Bitcoin and its network. Transactions are processed at the expense of computing power and not at the expense of the speed of the Internet. If I am mistaken, I will be glad if they correct me.

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March 02, 2019, 12:39:07 PM
 #27

5G will give you a faster network, and nothing to be worried with 5G and BTC, both will do well.

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March 02, 2019, 02:07:43 PM
 #28

No matter how much G we have, bitcoin can be accessed because bitcoin only need an internet connection and doesn't care how fast your speed. But the faster internet connection you have, it will better to access, and you don't have any problem with the transaction. But with 4G in everywhere I think we don't have a problem too, and I see that we can access bitcoin with ease.

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March 02, 2019, 02:17:50 PM
 #29

As far as I can tell 5G needs a repeater every few metres. That's going to be utterly useless where I'm at. You can't get a signal most of the time when 4G masts broadcast for miles. You can't get an unbroken signal on major road and rail routes with 4G.

It would be cool to have a full node on your phone but I can't see how it's going to happen.

Straight line, nothing between and the range is close to 500 meters.
Buildings, billboards, bridges and everything else in a crowded city and the distance drops below 100 meters.

In a city like mine with an area of 500km...that's a lot of antennas.
But 5G adoption will have zero effect on BTC. You can still mine with 3G, there is absolutely no need for 1GB/sec speeds.


But the faster internet connection you have, it will better to access, and you don't have any problem with the transaction. .

A normal tx is around 250 bytes of data. 2G offers ~ 40Kbits speeds. Grin




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March 02, 2019, 02:22:37 PM
Last edit: March 02, 2019, 03:00:30 PM by gentlemand
 #30

Straight line, nothing between and the range is close to 500 meters.
Buildings, billboards, bridges and everything else in a crowded city and the distance drops below 100 meters.

I didn't realise the nothing between bit. That makes it even daffier. There isn't a goddamn hope in hell of getting any 5G where I live. 4G is sketchy enough and that goes for miles. I assume there's a more muscular strain for the vast percentage who aren't in central Seoul.

Anyway 5G is designed for machine to machine IoT type stuff so if the world ever did become saturated with crypto it would be the perfect match for lightning networks and other systems. I don't like the idea of my self driving car running out of satoshis as soon as it hits the boonies though.
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March 02, 2019, 08:22:03 PM
 #31

any body believe in WiFi is bad electronic Interferences in the air stream?  I think having WiFi is unhealthy. it's air Polluting. i do not want it. It like if you smoke cigarettes. not everybody wants to breath that?  With 5g there is no other choice.  It penetrates houses and buildings even if there are brick buildings the 5G goes through it. no thank you.
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March 02, 2019, 08:40:42 PM
 #32

is that going to work out well??? Is 5G evil or too much?

5G is at the internet connection and this will not effect the bitcoin transaction.
You will have the faster internet than the 4G itself.
Though the blockchain will remain.
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March 02, 2019, 08:43:29 PM
 #33

any body believe in WiFi is bad electronic Interferences in the air stream?  I think having WiFi is unhealthy. it's air Polluting. i do not want it. It like if you smoke cigarettes. not everybody wants to breath that?  With 5g there is no other choice.  It penetrates houses and buildings even if there are brick buildings the 5G goes through it. no thank you.

Well, you won't have much say in the matter.

These days it's impossible to tell between conspiraloon hysteria, marketing spin and actual science so there's no way of telling whether it's harmful or not. Even if it was, it may take a long old time for the truth to emerge.

Regardless of that the more you can isolate yourself from modern life the better.

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March 02, 2019, 08:51:13 PM
 #34

any body believe in WiFi is bad electronic Interferences in the air stream?  I think having WiFi is unhealthy. it's air Polluting. i do not want it. It like if you smoke cigarettes. not everybody wants to breath that?  With 5g there is no other choice.  It penetrates houses and buildings even if there are brick buildings the 5G goes through it. no thank you.

Well, you won't have much say in the matter.

These days it's impossible to tell between conspiraloon hysteria, marketing spin and actual science so there's no way of telling whether it's harmful or not. Even if it was, it may take a long old time for the truth to emerge.

Regardless of that the more you can isolate yourself from modern life the better.



You ever been to a shop that sells TV's. when you stand next to the wall of TVs i can just feel too much electricity. even with eyes closes you can feel too much electrical in the air. Wifi probably does the same thing, it is a health issue. it like can you taste all the applied pesticides on your food? no. but they are Still There!!!
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March 02, 2019, 09:11:58 PM
 #35

It’s really going to help things a lot at least there will high speed of internet connection but the question is how do we get to make use of this ? It’s really going to take a lot of time to get it circulated world wide. For now it’s good to go with 4G which is currently widely accessible and fast. This is good and enough for now .
Bitcoin doesn't really need extra fast internet connection. Just for sending transactions, any speed even 2G will do the job. However if you want to mine bitcoin, then you need better internet connection.

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March 02, 2019, 09:14:50 PM
 #36

is that going to work out well??? Is 5G evil or too much?

G5 will not be of great benefit for BTC and mining
Because the cost would be high  at least initially
Only the huge farms are going to benefit.
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March 02, 2019, 09:24:43 PM
 #37

You ever been to a shop that sells TV's. when you stand next to the wall of TVs i can just feel too much electricity. even with eyes closes you can feel too much electrical in the air. Wifi probably does the same thing, it is a health issue. it like can you taste all the applied pesticides on your food? no. but they are Still There!!!

I can't say I've ever noticed myself but I'm sure we all have different levels of sensitivity. Our bodies are flowing with our own electricity so it stands to reason that external factors could affect us.

Though I'm not convinced about these people who have to move to that area administered by NASA that has no waves at all to escape their horror, I do think it's within the realms of possibility.
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March 02, 2019, 10:01:30 PM
 #38

With 5g you get an extremely fast internet service. 5G makes anything online not only bitcoin fast and this is what everyone needs.
So yes bitcoin transcation would be better on a 5G
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March 02, 2019, 10:48:32 PM
 #39

is that going to work out well??? Is 5G evil or too much?
Cryptocurrency, Bitcoin, 5G, no one can say 5G is evil or vice versa,
The world of technology predictions for now there is no certainty that something is accurate, this is the same as 5G against Bitcoin.
well, from that As you say, good predictions or suspicion based on what you know at this time is natural, in alertness, to your Bitcoin assets.
This is the same as what happened to 3G, 4G, you definitely know about marketing for 5G.

The world of technology always amazes us with new innovations and improved system.
No wonder, there will be 6G or 7G and so on...
What we can do is don't panic with the introduction of a more sophisticated technology.
We can't avoid such change but embrace it and study how it will affect your daily living.
The impact can't be seen at once but later on in life, we will realize what has been transpired in our life.
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March 03, 2019, 12:03:07 AM
 #40

A lot of conspiracies surrounding 5G, I'd rather ignore them.
As for its effect on bitcoin, current wallet implementations are either custodial or use SPV, so in either case speed is not a bottleneck. Storage is - which is why you don't run a full node on mobile.

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