Author

Topic: Picture Speculation (Read 1023 times)

legendary
Activity: 1722
Merit: 1000
May 28, 2017, 04:30:23 PM
#16


Have we done it?

How many people are using Bitcoin and how many may use it in the future?

There are more than 7B people in the world. Less than 5M bitcoiners, probably much less. Do you really thing we are near the saturation of BTC usage?

No I am suggesting we just passed the chasm.  Lots of momentum coming.
legendary
Activity: 1232
Merit: 1091
May 25, 2017, 02:54:59 PM
#15
As i've said several times before, i've always been very positive on the original idea of bitcoin.
It's the greed and head-in-the-sand mentality that messes everything up. This whole scaling drama should have been resolved in 2012 or 2013 at the latest. Just to name one of the critical problems we face now, unnecessarily...

This scaling drama should have been resolved in 2012/2013? What a joke. Back in these days there was absolutely nothing that would justify an increase in block size, as the level of usage was not even enough to consistently fill up block space for more than 40-50%. If you want to throw with blame, then put your focus on the miners that are willingly holding back Bitcoin's growth by not letting SegWit activate....
legendary
Activity: 1862
Merit: 1004
May 25, 2017, 12:31:47 PM
#14
7 tx per second ... is nothing after SegWit and Lightining adoption (and usage).

There is no way to reach 7tx/s - that is not a real bitcoin parameter, it was calculated using the lowest possible transaction size.
Something like this is possible to achieve on daily basis, the best what bitcoin network can process is 4.5 tx/per second.
And we already at that point constantly - you can see current number of tx/s here: https://blockchain.info/unconfirmed-transactions
legendary
Activity: 1512
Merit: 1012
May 25, 2017, 12:27:46 PM
#13
7 tx per second ... is nothing after SegWit and Lightining adoption (and usage).
It's like comparing SMS to direct call.

SMS can be delayed ... not direct call.


You can't pass music over SMS, right ?
that's the point.

Bitcoin now is always at early adopter stage.
Are you family talk about Bitcoin ?

No.
They always pass wire at the bank.
legendary
Activity: 1862
Merit: 1004
May 25, 2017, 12:22:40 PM
#12
How many people are using Bitcoin and how many may use it in the future?

There are more than 7B people in the world. Less than 5M bitcoiners, probably much less. Do you really thing we are near the saturation of BTC usage?
There is no way to estimate the exact number of bitcoin users. Due to decentralized nature of bitcoin we have no tools for that.
Number of transaction daily is not really good reference point, number of online wallet accounts is useless stats too.
So what, that there is 13 million accounts created on blockchain.info website? There are many wallets, both online or software.


sr. member
Activity: 364
Merit: 250
May 25, 2017, 12:14:50 PM
#11
Lol dummies. Crypto is in the innovator phase, maybe starting an early adopter phase.

Really? But for myself I feel like I'm on the "Late Majority" because I really wished that I've known bitcoin years ago. And now, it is hard to accumulate some bitcoins due to the high price. On the other hand, I somewhat agrees with you. We cannot call ourselves "Majority" in the first place, right? So if we are in the early adopters now, then I can see a bright future ahead.  Grin
sr. member
Activity: 696
Merit: 439
May 25, 2017, 11:26:36 AM
#10
This might be the beginning of crossing the chasm.
member
Activity: 137
Merit: 11
May 25, 2017, 11:08:38 AM
#9
Crypto is in the innovator phase, maybe starting an early adopter phase.


This might be the first time I've agreed with you.  Smiley
Me as well. I was like, nope picture is wrong - this comment that says as much is more insightful. And it's Kwukduck, nice. I imagine if Kwukduck ever changed his opinion on Btc's liklihood of success they'd become even more of a legend around here - from infamy to lauding.
legendary
Activity: 1937
Merit: 1001
May 25, 2017, 09:08:45 AM
#8
Crypto is in the innovator phase, maybe starting an early adopter phase.

This might be the first time I've agreed with you.  Smiley
Oh shit, I think we just caught kwuk breaking character!

That has got to be the most bullish thing duck has ever said

Lol.

As i've said several times before, i've always been very positive on the original idea of bitcoin.
It's the greed and head-in-the-sand mentality that messes everything up. This whole scaling drama should have been resolved in 2012 or 2013 at the latest. Just to name one of the critical problems we face now, unnecessarily...
newbie
Activity: 37
Merit: 0
May 25, 2017, 03:22:50 AM
#7
Crypto is in the innovator phase, maybe starting an early adopter phase.

This might be the first time I've agreed with you.  Smiley
Oh shit, I think we just caught kwuk breaking character!
https://i.imgur.com/Cp8rxUj.jpg
That has got to be the most bullish thing duck has ever said
legendary
Activity: 1162
Merit: 1000
May 24, 2017, 11:44:42 PM
#6


Have we done it?

How many people are using Bitcoin and how many may use it in the future?

There are more than 7B people in the world. Less than 5M bitcoiners, probably much less. Do you really thing we are near the saturation of BTC usage?
hero member
Activity: 994
Merit: 502
May 24, 2017, 10:56:00 PM
#5

Same is happening with bitcoin, it was on the road and unexpected going beyond the sky.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
May 24, 2017, 10:55:38 PM
#4
Crypto is in the innovator phase, maybe starting an early adopter phase.

This might be the first time I've agreed with you.  Smiley
legendary
Activity: 1937
Merit: 1001
May 24, 2017, 10:47:05 PM
#3
Lol dummies. Crypto is in the innovator phase, maybe starting an early adopter phase.
legendary
Activity: 1722
Merit: 1000
May 24, 2017, 09:53:34 PM
#2


Have we done it?
legendary
Activity: 1722
Merit: 1000
May 24, 2017, 09:46:46 PM
#1
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