Ninjastic
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Board Bitcoin Discussion
Re: bitcoin transactions - Slow OR Fast
by
ethereumhunter
on 15/01/2017, 14:34:53 UTC
Quote from: delliaerd on January 14, 2017, 10:17:13 PM
Quote from: Daniel91 on January 14, 2017, 08:37:38 PM
Quote from: btcnastia on January 14, 2017, 07:59:33 PM
I think that bitcoin transactions are so fast. In simple banks transactions might be very slow.

In the past I would agree with you.
I usually needed just a few hours for bitcoin transaction confirmation and usually 2-3 working days for bank transaction.
Last weeks I usually waiting 1-2 working days for bitcoin transaction confirmation so, it seems, bitcoin is not any more faster than bank wire Smiley
I really hope it will change soon.

Probably that because the traffic is really high. I am sure that will be fixed soon. Japan will realease 5g internet technology, probably it will help bitcoin transaction faster. Also I am sure that there are some developer who advance the hash rate of bitcoin to be faster.
Waiting for 1 -  2 days for bitcoin transaction is so rare, I usualy only wait in less than 15 minute.

i am sure it will be fixed and bitcoin transaction time can work with fast confirming but now i think it too slow because there much of transaction that need to confirmed and we need to wait little longer. but i don't have experience for waiting for 1 or 2 days, i think the longest time that i am waited is for about 2 hours until 3 hours and it makes me gets bored to waiting.