So.... What happened?, page-115

First 115 Last

Share
Profile

Follow
The outvestor

465 Posts.

44

20/12/17

14:14

Post #: 29772713
Share

Originally posted by Frozencry ↑

Yes, BTC is essentially unusable as a currency now as the block size is too small to handle the amount of TX going through, with the mempool growing bigger by the day and increasing the fees. There are fees now of over 30 bucks and that's still a slow process. Priority fees skyrocket too.

The company that took over development, blockstream, are a bunch of bankers that have in the past said that a fee market is a good thing. It's the antithesis to what BTC was originally meant for and was when I decided to cash out and stick to BCH, as I'm in it for the idea, not the money. Lightning Network claims to sort out most of the problems but it's always "18 months away", and is highly speculative, so there is a tonne of uncertainty behind it. I'm a fundamentals guy: BCH works like old BTC did. It's ultra fast and transfers across the world have cost me less than 1 cent. Its blocksize increases should grow progressively a!ongside Moore's Law so space won't be a problem IMO, and 2018 has a lot of exciting stuff coming, eg BCH debit cards and Bitpay supporting BCH payments. Ignore the slurs and noise, and research the coins.

As always do your own research and make your own decisions on these things. These are my opinions on the situation and I'm not some expert. It's interesting to look into all this stuff tho, the scaling debate has been going on for years.

Expand

Woah, someone on HC who actually knows about blockchain and cyrpto. This is unchartered territory here.

DCC Price at posting: 35.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PL3

Patagonia looks to raise $2.15M for South American exploration and development

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

SRL

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

There are more pages in this discussion • 21 more messages in this thread...

First 115 Last

Add DCC (ASX) to my watchlist

(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $38.12M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
6	458221	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	191399	2

View Market Depth

No.	Vol.	Price($)
6	458221	0.045
3	77727	0.044
2	18147	0.042
3	615856	0.041
10	1216576	0.040

Price($)	Vol.	No.
0.045	191399	2
0.046	77200	1
0.050	438508	1
0.052	60000	2
0.053	96886	2

Last trade - 16.12pm 09/07/2024 (20 minute delay)

DCC (ASX) Chart

Day chart unavailable

So.... What happened?, page-115

Patagonia looks to raise $2.15M for South American exploration and development

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

So.... What happened?, page-115

Top Stories

Patagonia looks to raise $2.15M for South American exploration and development

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News