Ninjastic
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Board Bitcoin Discussion
Re: Why Bitcoins is now same as paypal(and worst)
by
batang_bitcoin
on 11/03/2017, 05:59:42 UTC
Quote from: Gembul on March 11, 2017, 05:24:20 AM
Quote from: batang_bitcoin on March 11, 2017, 04:57:37 AM
Quote from: miningdude on March 07, 2017, 04:34:16 PM
Well, we have now to send transactions with a fee $1-$10 otherwise the transaction will never get confirmed

Just telling you, don't waste your time posting a thread on tech problems section

Even now transactions with less than 0.01 BTC will never get confirmed(or it will take longer)

You delvs didn't trough this could happend if the bitcoins went up the market?


Yeah, but good thing that I cashed out my bitcoins earlier haha.

I personally don't experienced that I had to pay the fee reaching $1, it's a fact. Most of the time I just need to pay cents of dollar for my transactions. And comparing bitcoin to paypal is really crazy they are actually different on aspects and service. And don't believe that only transactions higher than 0.01BTC will be the ones that will gets confirmation, it's just a matter of network traffic.

Agree with you, bitcoin is a currency and paypal in my knowledge not a currency but place save and send money. So sure enough we can not compare them. I personally have never paid more than $ 1 fee. I also had some dealings with the confirmation process is quite long, but for some transactions with the same amount of bitcoin I get a quick confirmation process. So really I think depending on network traffic at the time we send bitcoin. Thank you

It's a payment processor and it's like the wallet of dollar. OP is just assuming that bitcoin will be the same like PayPal because of the fees and as well as the delay of confirmation. But I don't really see that it should be hated, maybe there are people that really wants to make their transaction confirmed immediately but because of it they are annoyed.