Re: permabulls not only lost the control over this section-in fact they are extinct
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You are obviously new to the fact you don't *need* six confirms.
You are obviously new to the fact you don't *need* six confirms.
You do if you don't want to get screwed. If Coinbase wants six, so do I
Edit:
Regarding paying with Bitcoin, merchant adoption etc., etc, let's look at reality.
Dell is the hobbyhorse that often gets trotted out when merchant adoption is brought up. Let's check what actually happens & how instantaneous it is:
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Transactions verified by Bitcoin network.
Once a Bitcoin transaction is submitted to the Bitcoin network, it may take an hour or longer for the Bitcoin network to fully verify the transaction. A transaction is not complete until it is fully verified. Dell has no control over this timeframe imposed by the Bitcoin network.
Dell is the hobbyhorse that often gets trotted out when merchant adoption is brought up. Let's check what actually happens & how instantaneous it is:
...
Transactions verified by Bitcoin network.
Once a Bitcoin transaction is submitted to the Bitcoin network, it may take an hour or longer for the Bitcoin network to fully verify the transaction. A transaction is not complete until it is fully verified. Dell has no control over this timeframe imposed by the Bitcoin network.
Taken from http://www.dell.com/learn/us/en/uscorp1/campaigns/bitcoin-terms-and-conditions
Quote
The cost to the consumer is only one half of 'cheap'.
If you're going to reply to a post, have the decency to read through the thread to check if the issue was previously addressed. It has, and though the bleeding heart liberal in me insist that I cater to the least of men, the pragmatist in me insists that I not bother.
If you still have questions after reading the thread several times, I'll apologise to my pragmatic half & explain shit to you.
