Re: permabulls not only lost the control over this section-in fact they are extinct
^
Is Coinbase as ill-informed as I am? Why don't they forgo waiting for confirms
Did you at least do your reading?
Is Coinbase as ill-informed as I am? Why don't they forgo waiting for confirms
Did you at least do your reading?
6 confirms is no guarantee.
You can ignore this again if you want, but I'll just leave it here because it states how long IRL Bitcoin transactions take.
This text is taken from the Dell website. Dell is a merchant "accepting Bitcoin." Can you think of a better example? I won't even dwell on the fact that Dell actually accepts cash--it's Dell's payment processor, Coinbase, that accepts Bitcoin.
One final word: Keep your eyes peeled for the the emboldened, red text--it might be something relevant!
Here we go now:
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:
...
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
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
Just in case you missed it, here it is again:
"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."
Both Dell and Coinbase could benefit greatly from your expertise, and it is your civic duty to call them without delay!
Whatever you do, don't let some dumb secretary hanging up dissuade you from completing your quest! Let them laugh, sgbett, but dial again and again!
Godspeed!
What coinbase and dell do is their business.
Posting the same thing (which incidentally is an argument from authority) without reading what *I* posted, after calling out other people for not reading? thats not smart.
You even failed to understand the pretty pictures that brg444 posted - your native language.
you keep using the red sentence, which contains the assertion "fully verified". You think that means something, but if your google fu was up to it you'd know that "fully verified" is an arbitrary definition, based on math. It's a function of assumed network conditions and acceptable risk.
This is *exactly* what i stated in my prior post. That you ignored, or didn't understand, or don't care to acknowledge because you just want a fight OTI?