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17387438 No.17387438 [Reply] [Original]

Because of tx rate and fees combined, the entire BTC network was completely unusable at that point

>> No.17387480

Do tell

>> No.17387489

>>17387438
please tell us more, which updates to bitcoin have been impl. since then?

>> No.17387499

>halted
lol, the blocks were full

>> No.17387523

Good thing the on chain tx rate doesn't matter.

>> No.17387534
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17387534

>> No.17387542
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17387542

>> No.17387544
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17387544

>>17387438
Thanks sold 100K sats but hodling the rest

>> No.17387548
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17387548

tick
tock
core
cuck

>> No.17387556

>>17387438
Doesn't matter. Traders will pay the price for transaction if there's money to be made. It's merely how a free market works. How often do you pay your groceries with crypto?

>> No.17387569
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17387569

That is why NANO will be superior coin my friends.

$200 + end of year.

>> No.17387578

>>17387556
I would use the lightning network for groceries if I could.

>> No.17387600

>>17387578
Would you also run your own node? That's what I'm going to do for fun and a few sats.

>> No.17387606

>>17387489
>updates
>bitcoin
Choose one faggot.

>> No.17387610

>>17387569
Yeah, too bad that there's no incentive for anybody to confirm transactions so there's no reason to keep this shitcoin alive.

>> No.17387628

>>17387606
Nobody tell him

>> No.17387627
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17387627

>>17387542
>>17387548
NPC PROJECTION
COPE

>> No.17387632
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17387632

>>17387606
Bitcoin works fine and is good as it is.

>> No.17387641

>>17387438
>newfags don’t know
All in eth

>> No.17387653

>>17387641
Buggy and broken by design. Do not want.

>> No.17387665

>>17387569
take your premined shitcoin and fuck off

>> No.17387673 [DELETED] 
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17387673

>>17387627
>NPC PROJECTION
COPE

>> No.17387686
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17387686

>>17387627
>NPC PROJECTION
>COPE

>> No.17387694
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17387694

>>17387542
>>17387548
NPC PROJECTION
COPE

>> No.17387715

>>17387600
I don't feel like I'm ready to do that yet. I want to solidify my finances and leave burgerland, and have a nice home base somewhere before I do that.

>> No.17387752

>>17387556
Nobody is retarded enough to use BTC or LN for open payments. The only use cases for BTC are money laundering, drug trafficking and child porn.

>> No.17387758 [DELETED] 

>>17387628
https://github.com/bitcoin/bips

>> No.17387771
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17387771

>>17387752
>Nobody is retarded enough to use BTC or LN for open payments. The only use cases for BTC are money laundering, drug trafficking and child porn.

>> No.17387778

>>17387653
okay, retard.

>> No.17387786
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17387786

>>17387556
Nobody is retarded enough to use BTC or LN for open payments. The only use cases for BTC are money laundering, drug trafficking and child porn.

>> No.17387790

>>17387523
The slow confirmation rate was exactly the reason why the network slowed to a crawl at $20k.

>> No.17387911

>>17387790
Not for those who could afford to pay the transaction fee.

>> No.17387915

>>17387489
>Updates
BTC hasn't been updated in more than two years lmao. Literally nothing of substance has happened

>> No.17388019 [DELETED] 

>>17387489
Because of the blocksize limit, and people not using Bitcoin massively, miners are getting barely anything from transaction fees, which means, that miners are running only on block rewards. Within 8 years from now on there are going to be 3 halvenings, which is going to decrease that reward from 12.5 BTC to 1,5625 BTC. BTC's chain death is going to die off sooner or later, unless blocksize limit is taken down. And even if it would be, there are still problems like SegWit, which is not compatible with law, and at this point BTC has no chance against BSV, which is already scaling, and there are 300 projects building on top of it, while core cucks are telling people to wait for the next 18 months to implement lightening network, which is not going to scale BTC anyway.

>> No.17388034

>>17387915
It's substantial that Bitcoin stays as it is. It prevailed and is robust enough to grow stronger.

>> No.17388065

>>17388019
> which is not compatible with law

Craigbot please go

>> No.17388104

Imagine thinking your shitcoin will maintain sat value while BTC moons to over $100,000.

>> No.17388192

>>17388104
brainlet

>> No.17388249

>>17388192
Ethereum is in fact a complete shitcoin scam. The only thing that is remarkable about it is how it's been marketed as smart contract platform. Needles to say that Bitcoin already has smart contracts.

>> No.17388263

>>17388249
*needless to say that

>> No.17388441

>>17387438
No correlation between price and txs being done it's all supply and demand.

>> No.17388516
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17388516

>>17387569
go back

>> No.17388534

XRP is the solution

>> No.17388542
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>> No.17388639

i think the bull is very much upon us, this is the time to see solid projects pick up. i have being studying tachyon for some time now, they look pretty solid

>> No.17389097

>>17387438

Fees going up to exclude poorfags is by design

>> No.17389907

>>17387911
$10 to send $100

>> No.17389990

>>17388034
>>17387911
>>17388639
>>17389097
>>17388441

The entire fucking network couldn't keep up with the demand for transactions, are you training to be more retarded everyday or what?

>> No.17390000

>>17387438
Can someone unfud this for me? I unironically completely forgot at some point tx fees were like $20

>> No.17390026

>>17388441
Uhhh retard, tx fees are paid in BTC to miners, higher price of BTC means higher fees.

>> No.17390038

>>17390000
On december 2017 tx fee reached a peak of ~$40 usd

>> No.17390042

>>17387438
Boomercoin needs to die already

>> No.17390064

>>17390038
Yeah retard, I said UNFUD this for me. Did they fix this?

>> No.17390079
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17390079

>Call bitcoin garbage
>Every pajeet, scammer and moonboy accuses me of shilling [x] crypto.
>really just hate bitcoin and wish it would fucking die

>> No.17390118

>>17390064
no, no one fixed this, nor is there any intention to, BTC has been a walking corpse for years, all price movements have been caused by mindless speculators who think "fundamentals" is a city in China

>> No.17390120

>>17390064
Refer to:
>>17387915
You are welcome nigger

>> No.17390139

You are forgetting about XSN. Bulls can't be stopped.