Topic: Keeping 1MB forever seems like a hunger marketing scheme (Read 1797 times)

I guess some people just think that you can alter Bitcoin just with the click of your fingers.

We really need to raise the block limit or Bitcoin is never going to go anywhere. People just don't realise.

It's not that simple. There are other alternatives. Maybe you'll want to have a look at BlockStream and the sidechains.
https://www.youtube.com/watch?v=9pyVvq-vrrM

"Position" includes the middle, as well as the sides. And the Fringes. As well as the rest of the map.

So can we put you in the same category as gentlemand: no position, except to set yourself up in the exalted, rational middle-ground? People should listen to you, because you have no opinion one way or the other? I wonder how quickly people like you will coalesce around another governance coup.... y'know, just to break the deadlock, I mean let's all be reasonable and just compromise!

But there is no requirement to compromise for the sake of a sustained campaign of trolls; the opposite is true. Don't get labelled as one of those trolls, it's not working out for them so far.

You see? that's what I'm talking about  What if I don't have a clear view right now? I do not want to take sides. I think this is just me but that's a big issue, and that radicalize too much our discussion.

Where do you position yourself in the debate?

We really need to raise the block limit or Bitcoin is never going to go anywhere. People just don't realise.

All the banks in my country charges a monthly and yearly fee so you don't have a choice here. Some large banks might provide zero fee because they can print money to deal with those cost, but bitcoin obviously can not create money out of thin air. I think fee wise bitcoin will never be able to compete with fiat money

surely, yes, and it is why for now i'm with deutesche bank, because they have zero fee on everything

and anyway bitcoin has fee, too, yes they are negligeable but they are not zero, and in the future they may be a problem...so i'm not sure what is the argument here

Suppose they start to charge you a fee (like my bank did), would you stop using banking service?

What is a negative interest? My debit card account has no monthly or yearly fee. The savings accounts have no fee either right?

Dunno. But most open source projects don't involve money or political pressure. I guess that never stopped anyone bitching and sniping anyway.

We really need to raise the block limit or Bitcoin is never going to go anywhere. People just don't realise.

I think OP is confusing it with the way banks pay him to make posts

The analogy here would be more accurate with bitcoin's synthetic scarcity, there are only 21mil to be mined (just to produce the the effect scarcity has on value). I don't see a problem with that, its a game-theory mechanism to use when building systems, the problem is how well the system works, and thats the issue with 1mb...

And new users will stop arriving because transaction fees are too high, then greedy users only waiting for a price increase will leave, then miners will get less money because of transactions getting scarce, then they'll raise transaction fees again, then more people will leave and transactions will get even more scarce, etc etc. Miners will benefit for a time but after a while bitcoin will just die. That's why it's such an important issue and that's why so many people are trying to come up with solutions to it.

In the case of Apple for example, scarcity made you want to buy a high-class product because of its artificial scarcity.
Here it will be the opposite: you don't want to pay more to see your transaction being transmitted just as it used to be for lower fees in the past, do you? Well, no one does. People will leave if fees increase.
Well I mean I'm not completely against higher fees, because anyway, right now they're ridiculously low, and anyway in the future, when block rewards will be counted in satoshis, fees will have to increase at least a little. But here we're talking about the dissuasive kind of high fees.

Me? I don't feel technically well informed enough to cast thundering judgments on things.

Overall I think the multiple hard fork proposals are plopped out without a great deal of consideration for reality or possible consequences.

At the same time it feels a little like the censors and 1mb psychos still believe they're living in 2010/11 and wish to wallow there forever. They often seem blind to the fact that real people are now using it with real purpose. They'll be just as willing to abandon it if it ossifies.

I strongly dislike the fee market proposals at this stage. That should be many, many years further down the line. I don't think there's much consideration of how all this looks from the outside and folks often seem to act like Bitcoin has already won and the world should be honoured to use it. Well, they're not. They don't give a shit and it's still little more than a blip.

At this stage I feel development should be focused on accessibility. To me that means 8GB blocks are a terrible idea as is paying 0.1 btc to send 0.001. If it can't deliver that because lines have been drawn in the sand and people refuse to take fresh ideas on board because they come from the 'wrong' place or its usefulness is stunted because it's pandering to Chinese miners or some other vested interest then there'll be alternatives that can deliver it eventually. Nothing is 'too big to fail' and Bitcoin is a million miles away from being too big. 

We really need to raise the block limit or Bitcoin is never going to go anywhere. People just don't realise.

I think this is the fundamental question that needs to be answered: WHO is SOMEONE that can make a proposal? From what I'm reading in these very many threads the only one who can make such a proposal is Satoshi himself and we all know this won't happen, I'm afraid.

Every proposal made gets polarized and radicalized as soon as it reaches the public.