Re: Bitcoin is too slow

Transactions are too slow. Will someone fix it or do we need a better coin?

Transactions are not slow. It is the number of confirmations that somehow slow down your transactions. Confirmation differ from one site to another some have one, others have two, three, four, five , six, seven, and eight. But make sure to include a miners fee to you every transaction so that it will be more faster. Without the fee you are waiting longer than you will expect.

transaction without confirmation mean the funds actually still owned by the sender,when it got rejected the funds will get back to the sender address so we can't actually call it a transaction or finished transaction

It never happened with me that a transaction was rejected and sends came back to me even if i have not paid the recommended fee.
Yes my transaction sometimes stayed unconfirmed for 7-8 hours maximum..but never rejected

yes most of the time the conformation is not rejecting. but some time it create problems. some times it need so much time to conform the transaction. and you will wait for that. that is the only problem other wise the transaction never rejected.

if you don't add an appropriate fee, then the waiting can become annoying as pools simply ignore your transaction. that's why you always need to add at least 0.0001btc in fees. if your transaction size is relatively high, then you will need to up your fee even more.