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
I really hope it will change soon.
Oh is that true? Sorry I can't believe something like that. I would like to see your transaction id (txid). So I can see the transaction fees. If you send very low fees the most usual case is that after 72 hours coins would be back in your wallet. Last months blocks are almost full so if you don't pay the fees unhappy miners they will not put your transaction into their blocks and you will not spend your coins or you will wait if you are lucky for hours.
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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.