Quote from: qh34rt on February 17, 2014, 05:42:36 AM

Quote from: grifferz on February 17, 2014, 05:31:19 AM

Quote from: wayneyoyo on February 17, 2014, 05:13:54 AM

Usually online merchant which do Digital trade only will use bitcoin , if i am selling cloth i will be taking cash

Why? Once the bitcoin payment has confirmed it can't be reversed. Shouldn't take long to get one confirm.

If you're selling a $10k dress for the Oscars, maybe you want to wait a few more minutes for a couple more confirms.

Yes, in BTC no automatic transaction but i believe more merchant will accept BTC. More confirm for more secure transaction.

Perfectly possible to have an automated payment system that waits for any number of confirmations the vendor desires. I do.