Topic: Bitcoin Confirmation Speed - page 3. (Read 3127 times)
bitcoin is perfect for online payments. if you want to pay in a physical store, then the confirmations aren't a real problem as long as the amount is lower than $20-$30. then you can do payments without needing to wait for confirmations.
This has been discussed countless times on this forum.
The answer is that if the transaction is for less than the price of an automobile, the vendor will not wait for a confirmation, but will only wait until the transaction reaches the Bitcoin network, which takes only seconds.
The answer is that if the transaction is for less than the price of an automobile, the vendor will not wait for a confirmation, but will only wait until the transaction reaches the Bitcoin network, which takes only seconds.
Is there any chance that the confirmation process will pick up in speed here in the future? I think some people are not accepting them because the time it takes to confirm a transaction. I know I do not want to be standing in a store for 20 minutes or longer to wait for a candy bar.
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