All posts made by MH1ts0 in Bitcointalk.org's Wall Observer thread



1. Post 14321186 (copy this link) (by MH1ts0) (scraped on 2020-04-04_Sat_14.48h):

Quote from: AlexGR on March 26, 2016, 10:46:11 AM
i'm saying it's a hobby network and it looks like it will stay a hobby network.  serious adoption would kill it.

Let's see the capabilities of the "hobby network" right now:

300.000 tx/day x 1000$ per tx on average =109.5 billion USD per year, exceeding western union customer department and around half of paypal.

At 300k tx/day and 10.000$ per tx = 1.09 TRILLION usd per year, surpassing paypal and western union combined x3.


At around 3.3mb effective capacity:

1mn txs per day x1000$ per tx on average = 365bn USD per year, exceeding paypal and western union combined.

1mn txs per day x10.000$ per tx on average = 3.65 trillion USD per year

"Hobby coin"  Cry Cry Cry

Sorry, but 99.99% of all these so called "txs" are worthless spam. Cry