Meanwhile I'm watching my bitcoins fall like at a incredible speed cause you can't spend any of it without the big exchange fee at least it's no good for the smaller everyday use it was intended to have. Why didn't they just up the block when the time came, because possibly some want it broken so the they can sell costume segwits to commercial institutions.
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It is my understanding that once the blockchain is complete, that's it. You cannot extend it. That's why they forked it and made Bitcoin Cash. New blockchain, more currency.
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That is true, but the way BTC's blockchain is setup, that's over 100 years away. The real problem is the network not being able to handle the congestion. They just need to adjust the block size to fix everything, but you're going to see some major players get involved with some off the wall solutions because of profit.
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They had the option to go to 5MB per blocks at that point. Instead they forked.
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You learn something new every day!
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Personally, I'd move off away from BCH as well.. LTC is looking promising.
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I just know I've got to move away from bitcoin for now. I'll see what people are saying at Anarchapulco when I attend in February.
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