Post
Topic
Board Economics
Re: Send bitcoin at 2011
by
Seansky
on 25/10/2017, 11:01:28 UTC
So at 2011 you can easy send 1 BTC Because price was too low

how long did it take for every  transaction  need to be confirmed
if in 2011 ago indeed including easy every time transaction dude but the problem is often in thank is the price bitcoin still very low and make income earned the bitcoiner also still not maximum and make a difference to be upside down in the year ahead continues increased significantly.

So why in 2011 you can send with fast speedand 0 conformed without problem but not can’t

and how how fee?
As far as I remember every transactions that time still requires confirmation but the significant difference is that sending fee is very cheap and transaction tikes are almost instantaneous. I can send using the minimum recommended fee which is 0.0001 BTC for fast transactions and cheaper fees if one doesnt want his transaction to be confirmed within 10mins. Still, the longest time for my transaction to receive confirmation that year is 30mins even if I am using cheaper fees than 0.0001 BTC.