Viewing a response to: @kevinwong/here-s-how-we-will-ride-the-market
> Bitcoin is currently in an obvious special market position with all the right ingredients for mainstream adoption I can't see the situation like this... Bitcoin doesn't have most important ingredient for mainstream adoption: scalability. The network is already full and there is only a handful of users. Someday they will realize that it's not going to work.
| post_id | 2,084,387 |
|---|---|
| author | samupaha |
| permlink | re-kevinwong-here-s-how-we-will-ride-the-market-20170304t173337524z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2017-03-04 17:33:36 |
| last_update | 2017-03-04 17:33:36 |
| depth | 1 |
| children | 2 |
| net_rshares | 818,751,009,075 |
| last_payout | 2017-04-04 12:40:18 |
| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Here's How We Will Ride The Market" |
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| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kevinwong | 0 | 818,700,685,509 | 80% | ||
| ambyr00 | 0 | 50,323,566 | 80% |
Yup, at the meantime, I think the buy's just gonna continue to happen. Just parked, unmoved Bitcoins.. Imo, I didn't read much into BTC, but what about all those lightning networks that people are talking about?
| post_id | 2,084,564 |
|---|---|
| author | kevinwong |
| permlink | re-samupaha-re-kevinwong-here-s-how-we-will-ride-the-market-20170304t181109848z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2017-03-04 18:11:12 |
| last_update | 2017-03-04 18:11:12 |
| depth | 2 |
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| last_payout | 2017-04-04 12:40:18 |
| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Here's How We Will Ride The Market" |
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LN is complicated stuff, build on top of the blockchain, that uses payment channels between two parties and then networks them. I don't have much hopes for it. At best, it will take years until it can be used effectively by normal users. It will also centralize Bitcoin because not everybody will want to act as an active part of the network, hence there will be only a few hubs that are used by everybody else.
| post_id | 2,086,742 |
|---|---|
| author | samupaha |
| permlink | re-kevinwong-re-samupaha-re-kevinwong-here-s-how-we-will-ride-the-market-20170305t030259142z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2017-03-05 03:02:57 |
| last_update | 2017-03-05 03:02:57 |
| depth | 3 |
| children | 0 |
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| last_payout | 2017-04-04 12:40:18 |
| cashout_time | 1969-12-31 23:59:59 |
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| author_reputation | 43,651,583,224,016 |
| root_title | "Here's How We Will Ride The Market" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |