Re: Bitcoin is A joke and will never last.

This thread is a joke.

Go try out Visa, Mastercard, etc... I'm sure you'll love the 3-5 business day "confirmation times" and extra fees as an added bonus.

and besides, if Bitcoin doesn't succeed, another cryptocurrency will with shorter required confirmations. now go back to your troll hole.

I agree another Crypto currency may take over but if it has the same limitations as bitcoin it will also not succeed. Lets be realistic. I can make a transaction with Visa in an instant with next to no fee. I am currently waiting for a transfer between wallets that has taken over 4 hours and now has a double spend error attached to it. I am semi computer literate and can not imagine why an everyday person would take the risk besides hoping to make some money off the roller coaster that is Bitcoin. Bitcoin is around for no other reason then bitcoins sake. You can call me what you like but I will assure you 100% that Bitcoin will never become mainstream in its current state.

I have done transactions before and the time frame is problematic. You are wrong! Bitcoin in its current state will be used for nothing more then selling and trading with its self.

PS. bring it on mother fuckers. If you can not see the limitations with Bitcoin you are a dumb ass bitch.

op has obviously never run a business. op is not aware of the 3% hidden tax on all cc transactions. op,was never around back in the day when they had to make copies of cc and call them in when cards first came out. op has not read nor does he understand the revolutionary idea brought forth nor does he care to.

op - no one is forcing you to be here. gtfo.

You are correct, I have never ran a buisness. Nor has the majority of the population. You do not seem to understand or are trying not to. Im sure their will eventully be a crypto currency that is adopted and used by the mainstream. While btc has a nice headstart it has too many negative attributes to become mainstream. If there is going to be a mainstream crypto currency it will have to be much more user friendly then btc.

You need to be able to buy stuff instantly. Im sure its fine if you are sitting in a restaurant for 20 minutes. But when you have to use that same currency to buy petrol, Mcdonalds, shopping etc.

I've bought gift cards instantly which were then used to buy stuff. This all happened in the timeframe of 40 seconds or so. Most companies that are accepting bitcoin are expected to allow 0 confirmation transactions up to a certain dollar amount. Dollar amounts greater than 500 dollars should require a confirmation. You are getting hung up on the idea of needing confirmations.

Wallets show unconfirmed transactions instantly 98 percent of the time.