Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is slowly shit.
by
Itcher
on 13/09/2013, 12:23:39 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.

Lol, I have a great time using my bank-account to spend money without paying any fee. Even if every shop accepts bitcoin it would be the worse option.

International transaction are not the issue here. If widely used bitcoin could be an improvement for real.