Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 22/04/2018, 13:24:47 UTC
0 confirmation transactions already exist...it's been a thing since Bitcoin existed

 Yes. I understand that.

the thing is, do you trust the transaction if it's not confirmed

 That's the issue I have. No. I don't EVER trust 0 confirmations. That's not how its supposed to work in Bitcorn.

I have had people trust 0 confirmation transactions from me. But for exterior reasons not related to the currency.

Such as buying a coffee and drinking it there at the small cafe where I chatted a bit with the owner already. Or a hamburger place.

Though I have had people trust larger transactions from me...but those were for localbitcoins after we had established a relationship and trust. With the full knowledge that if I screwed them over they could give me bad feedback and make further selling of bitcoins by me very difficult.