Bitcoin Block Size Hits New Record

2019-02-21T05:38:38.000Z Honest Cash

The level of traffic on the bitcoin blockchain took a sharp dive during the price crash of 2018, but a gradual and steady recovery has already taken us to new heights.


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Responses


RE: Bitcoin Block Size Hits New Record

by @Big_Bubbler

An approximately 2MB blocksize limit means BTC is close to it's "Moon" price today. Much of the Tx's filling the blocks these days are from side businesses that are not really trading any BTC:

https://honest.cash/Big_Bubbler/btc-blocks-getting-filled-by-side-businesses-2539/

I think the rising volume in BTC blocks is a sign of massive problems ahead for BTC (unless they raise their blocksize).



RE: RE: Bitcoin Block Size Hits New Record

by @Chronos

You might be right in thinking that the rising transaction volume in BTC is a sign of massive problems ahead. I'll be keeping an eye on this.


RE: Bitcoin Block Size Hits New Record

by @Chronos