Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
CuntChocula
on 21/01/2016, 19:23:15 UTC
...
There won't be a "congestion failure". If blocks are full a order of importance builds itself, those TXs that are more important are paying more and those that are not important are paying less/nothing. You dont have to agree with this fee market evolving and its perfectly fine to be in the bigblockers-camp, but this "congestion failure" is just bullshit cause it paints a situation that will never occur.

So... Each time I transact via Bitcoin, I make a wager (that the tx fee I paid is sufficient to have my transaction included)?
Sort of like a blind auction?
On that like white on rice, the wackier & more probabilistic my money is, the better Cheesy