Topic: Bitcoin is working fine! No change needed! - page 8. (Read 4666 times)
I agree with every word you have said. Bitcoin needs no segwit or any crap that could potentially bring it down. It's great the way it is and I don't really understand what's causing this turmoil around Bitcoin.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
The spam attacks can come back at virtually any time. Bitcoin has to be ready. So at least for that part a fix/mitigation is needed.
This will also show that Bitcoin can evolve, which becomes something that needs to be proven.
While I agree that devs need time to think it right, they did have quite some time to think and find the best solution. I still have faith in them, but some amount of pressure is always needed.
PS. I am really glad to see the current size of the mempool. The happy days are back.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
I understand this - you're mostly right (SW part esp.).
But in a world of competition and crypto-boom you cannot just 'stay' - you need upgrades, minimum levels are keep track with security. E.g. hacker's don't sleep!
But think bigger: How would you attract the world to accept bitcoin ? With those fees and limited txs space < 1MB? - No way!
If you cannot attract the world in this run you see - byebye - others take over (LTC?) .
BTW: What do you estimate, how much of the BTC price is a future spread? How much money is paid because of the prospect to be worlds best asset ever?
Sure nobody can tell you exact, but I say it's huge. Who should pay this future premium if no prospect of growth exists? - > plummmmm
Give this baby time to grow, folks.
Bitcoin can't grow without more users, and it can't handle more users without more transactions.Don't you think it's too much of a coincidence that just weeks before August 1, suddenly the transaction backlog is empty and fees are low again? It seems like power plays to me.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
I think so, I still believe in bitcoin core, even though it receives a lot of complaints from everyone. Bitcoin core is still doing the job well, but what i worry about is its future.
This needs to be fixed if we want more people to use the bitcoin daily, yes I agree maybe at this moment network can handle all the transactions but still why will somebody need to wait days when he can wait few hours or even minutes for his transaction to get confirmed. Let's be honest here, I totally agree with some posts above we need something new, bitcoin needs to develop so that it can be used and if you and me and others want to use it as a currency for a day to day payments.
Don't be afraid of change, it will happen and I am positive that it will just boost the performance of it which will allow us even to buy a coffee with it with low fees!
Don't be afraid of change, it will happen and I am positive that it will just boost the performance of it which will allow us even to buy a coffee with it with low fees!
Wayback years ago when I started Bitcoin, I see that it has a good future, (I can earn 10k satoshi in one farming then 
just sayin) but I stopped, but hey Im back again knowing that Bitcoin will become a bigtime 
.
just sayin) but I stopped, but hey Im back again knowing that Bitcoin will become a bigtime . 
We're going to have to fix Bitcoin, this is something that's going to have to occur in order for people to get involved. At the current moment we're facing an insane amount of issues when it comes to fees (oh these are the fucking worst) next is going to be network congestion (which is somewhat clearing up, though it'd be nice to look for clearing this up for the future on this one) and an overall centralization of the miners when it comes to the issue of fixing bitcoin. Without the miners, we're all going to be fucked on working out a deal-- I hope everyone can put their bullshit aside and set something up finally to be able to fix this struggling community in a time where it would be so ripe for growth and prosperity.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
That might be true, if the spam attackers could be stopped. In these last few days, we have seen the MemPool as it would have been without these spam attacks and everything worked fine. A small bump in the Block size would have been sufficient for now, until developers could figure out what to do with attack vectors, if the Block sizes grows too big. This whole battle between the different groups would have been stopped, with a small upgrade of the Block size. < The attacks would have been more expensive and the users would have been satisfied with confirmation times on the Blockchain. >
I agree completely, Even though sometimes there are piles of unconfirmed transactions but these all get confirmed within days, I don't see a big need for something changing the fundamentals of bitcoin right now, Although miners are pushing for it but I don't think it's needed. it's better not to try fixing that already works.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
I agree, I think bitcoin will work its way up all it really need is time. If in case it will drop down when SegWit comes, we traders should embrace the new system because that is only for the better of bitcoin and for us too.
Well I think that we need to accept the new system. I know that bitcoin's progress is way beyond our expectations. But the transferring of money is one of our problem. It requires a lot of time for us to process our money. We just need to agree to the new system because it is for our own good also, but what the bitcoin price is what we really are afraid about. It is possible that bitcoin will drop to $500.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
If we do not accept new developments in bitcoin then we will still be suffering from transaction logs. If you remember last month there is a 200k plus pending transactions on the mempool, this implies that the current hashpower cannot comply to the demands on bitcoin. Thus it is necessary to increase the blocksize so we can make the transactions much more faster and with lower fees. If we do not accept new developments in bitcoin then companies will not trust bitcoin since it is unstable due to problematic network cause by blockchain overload. We need to increase the blocksize to bring back bitcoin into the mainstream and to attract big companies to adopt and join.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
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