Sorry if this has been asked before, i did search.
So I've sent some BTC to an address over 30mins ago and still not even 1 confirmation. Firstly wouldn't this be an issue for BTC to ever be mainstream if you can't pay for things immediately in shops etc?
Also I presume the confirmation time will take longer the bigger the difficulty?
I think i've understood how it works correctly?
yeah, unfortunately this is one of the biggest concerns or problems about payments being done in bitcoin, i think the only major things bitcoin is good right now is for a few people who are trading it to make money and the other thing is for sending large sums of money especially oversees.
You are mistaken, sir. I paid for my dinner last evening with bitcoins. I paid for my groceries this morning with bitcoins. And I just had lunch with friends, paid for - you guessed it, with bitcoins. I spend bitcoins on a daily basis in random shops and other brick-and-mortar businesses. Now how many of those do you think have EVER kept me waiting for even a single confirmation?