Topic: A warning to Bitcoin users believing this will take over payment systems - page 5. (Read 2994 times)
April 12, 2016, 11:24:11 PM
5 second confirm time means a block will be mined every 5 seconds seems like impossible if that would happen a total of 432000 bitcoins will be mined everyday and the controlled supply will be ruined.
April 12, 2016, 11:23:15 PM
Bitcoin needs to have 5 second confirm times, yeah you heard me right. (you ARE trying to CUT OUT middle men, not CREATE them RIGHT?)
...
...
Why don't you use your professional googling skills and look up why we can't have 5 second confirmation times.
April 12, 2016, 10:35:58 PM
Bitcoin needs to have 5 second confirm times, yeah you heard me right. (you ARE trying to CUT OUT middle men, not CREATE them RIGHT?)
More so it needs a better development team otherwise Bitcoin will continue to become dated. (doesn't need changing? you'll see where this gets you soon enough)
Yes Bitcoin can "do anything" in one sense, but what is it doing NOW?
5 second confirms.
5 second confirms.
5 second confirms.
(1 second confirms dare I even speak of it?)
Bitcoin better stop crawling and start walking soon or it will be dumpt like you will not believe.
Don't think for a second it "can't happen".
The wheel was a great invention but we aren't using stones anymore.
--
What needs to be changed for 5 second confirms to compete with current payment processors that would actually cut out many middle men, instead of creating them? It needs to get done, no matter how dramatic the change would be.
The original ideas of Bitcoin seemed to have died.
It isn't inspirational to describe what Bitcoin is anymore.
More so it needs a better development team otherwise Bitcoin will continue to become dated. (doesn't need changing? you'll see where this gets you soon enough)
Yes Bitcoin can "do anything" in one sense, but what is it doing NOW?
5 second confirms.
5 second confirms.
5 second confirms.
(1 second confirms dare I even speak of it?)
Bitcoin better stop crawling and start walking soon or it will be dumpt like you will not believe.
Don't think for a second it "can't happen".
The wheel was a great invention but we aren't using stones anymore.
--
What needs to be changed for 5 second confirms to compete with current payment processors that would actually cut out many middle men, instead of creating them? It needs to get done, no matter how dramatic the change would be.
The original ideas of Bitcoin seemed to have died.
It isn't inspirational to describe what Bitcoin is anymore.
Jump to: