Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is slowly shit.
by
Mitchell
on 13/09/2013, 11:59:12 UTC
No reason to become ugly about bitcoin.

But for real we have two problems:

- you have to pay fees. MultuBit / electrum give you no option not to pay fees. The dream of bitcoin as feeless money-transmitter is dead
- even if you pay fees the transaction is annoyingly slow. I had to wait one or two hour, and I payed fees.

This is really bad for bitcoin

The fee right now is 0.0005 BTC. That's 6 cents USD. First off:
-Bitcoin still is the cheapest way to move money internationally or long distance
-There has always been a fee. When did you dream about "feeless" money transfer?

6 cent are 6 cent more than I have to pay when using my bank account.
Lol, have fun sending money to a place outside your country. From USA to Europa for example. I really like BitCoin and if you aren't dumb enough to add enough fees (which costs almost nothing) you will have a great time using it. Also, taking a day to confirm isn't bad at all. If I send money to another bank in my own country it can take up to 1 day before it's processed. If I want to send it to the country next to me this increases significant (and would cost me a lot more). So I prefer BitCoin above all.

OK, so considering a situation like this: someone sends Bitcoins and doesn't include a transfer fee. What happens to those Bitcoins if the network "decides" not to deliver them to the destination address? Are they returned to the sender?
As far as I know, yes.