Post
Topic
Board Beginners & Help
Re: Blockchain.info can't spend due to unconfirmed transaction
by
cp1
on 31/01/2014, 16:18:14 UTC
OK, I'll wait it out.

I am also looking at this from a merchant perspective, the practicality of accepting bitcoin for in-store customers. I can't have a customer wait around for hours for confirmations. They could leave my store with my merchandise, and keep thier money, all by sending me a 0 fees with their transaction. I would have no way of forcing a fee on their wallet.

Most purchases are large enough that they will get confirmed with no fee, but buying a stick of gum at 7-11 is vulnerable.  Either way you really should use a payment processor because you want dollars instead of btc.