Post
Topic
Board Bitcoin Discussion
Re: BItcoin needs to die
by
rickadone
on 20/06/2017, 10:33:40 UTC
What use is Bitcoin if in 9 years you cant even buy groceries with this shit

You cant build a business on bitcoin because of the volatility and even if you try to runa business on bitcoin you have to wait forever for a transaction to be sent

whats the point of bitcoin, if you cant do anything with this shit?

You are wrong at least on one thing and I will try to show it. There is no need to wait "forever", as you call it, for a transaction to be confirmed because you always have an option to pay a decent fee and your transaction will be confirmed in 30 minutes.

When you are going to make a transaction check this site first https://bitcoinfees.21.co/

You can scroll down to the words "The fastest and cheapest transaction fee is currently ..." and if you pay that fee it's a 90%  chance that your transaction will be confirmed within the range of around 10 to 30 minutes.

For ordinary people a $2 fee might look too big, but if you are running a business that shouldn't be a problem.
Yes I agree with you the transaction time depends upon the transaction fee that you prefer to pay for your transaction. I have never faced such a huge delay in my transactions ever, though many of the people I see complaining about the delay in the transactions but when you ask for the transaction fees then you come to know that most of the people are miser who pay the least fee for their transactions.