Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 06/04/2017, 16:21:56 UTC
Is Bitcoin still broken?

Yep, it only works perfectly for 10M people right now. 

Poor Bitcoin...  Cry

Perfectly???

I'm really a Bitcoin supporter, but I can't say that is working perfeclty.

I sent a transaction 10 hours ago with average fee and for now i have 0 conformations.

For now Bitcoin is like the best racing car in the world with gasoline mixed with water in the tank.

True. I sent 4 transactions the other day with the minimum fee. First went through within the hour, the other three I kept checking before I finally went to sleep. Woke up and they still had 0 confirmations. Came home from work and finally they had started going through.

I wasn't in any rush really, moving bitcoins to cold storage. But as someone who likes spending my bitcoins at places and for a lot of things, I hope things get better.

Though, worst case scenario is that people stop moving bitcoins...which clears up transactions allowing people to move bitcoins...and then they stop moving bitcoins...etc...