Author

Topic: BITCOIN IS DEAD,,,,TAKES FOREVER FOR 1 CONFIRMATION! (Read 551 times)

sr. member
Activity: 434
Merit: 250
why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit.  shorter block time doesnt decrease the time required to be confident in the transaction.

current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.

segwit will be here soon.  sharding will never come to fruition.

no it wont shitcoin pumper.  the block size issue really only affects micropayments (or people who pay too small fee).

well how can new ppl adapt BTC at this slow speed confirmation??
this block size issue will cripple new people to adapt.



I guess its time for you to invest this new coin called ETH.

Where there is a unlimited supply of it too. And you can have faster confirmations..  Roll Eyes

Regardless of your view there needs to be a appropriate mining fee. New comers adapt if they are serious about it.
member
Activity: 107
Merit: 10
why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit.  shorter block time doesnt decrease the time required to be confident in the transaction.

current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.

segwit will be here soon.  sharding will never come to fruition.

no it wont shitcoin pumper.  the block size issue really only affects micropayments (or people who pay too small fee).

Segwit was suppose to launch on April,
and it got delayed for no reasons,

I see it launches on June or July, which will be too late before the halving
legendary
Activity: 3276
Merit: 2442
Increasing fees? Increasing GODDAMN FEES? Is that your solution? What happens when it slows down again? Increase the fees AGAIN then? Increase till miners paid as they work in Deutsche?

It will never be enough. That's not the solution.
legendary
Activity: 994
Merit: 1000
why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit.  shorter block time doesnt decrease the time required to be confident in the transaction.

current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.

segwit will be here soon.  sharding will never come to fruition.

no it wont shitcoin pumper.  the block size issue really only affects micropayments (or people who pay too small fee).
I think OP is talking about network sync problem and block not getting found within 10 minute and sometime it take 1 hour or so to get 1 block found and after than lots of 1 minute block get found. I am still confused about this, does this is only with online wallets nodes or it is happening to whole bitcoin network.
member
Activity: 107
Merit: 10
why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit.  shorter block time doesnt decrease the time required to be confident in the transaction.

current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.

segwit will be here soon.  sharding will never come to fruition.

no it wont shitcoin pumper.  the block size issue really only affects micropayments (or people who pay too small fee).

well how can new ppl adapt BTC at this slow speed confirmation??
this block size issue will cripple new people to adapt.

legendary
Activity: 3556
Merit: 9709
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Sell all your coins, korila has told us that bitcoin is dead  Grin
hero member
Activity: 615
Merit: 500
why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit.  shorter block time doesnt decrease the time required to be confident in the transaction.

current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.

segwit will be here soon.  sharding will never come to fruition.

no it wont shitcoin pumper.  the block size issue really only affects micropayments (or people who pay too small fee).
member
Activity: 107
Merit: 10
It's past 30mins, yet 1 confirmed ..

BTC can't solve block size issue,,

Segwit is delayed forever,, no real solution for block size issue..

Before halving, block size issue will ruin BTC,,,

WE ARE DOOMED!!!



fud is obvious fud

https://blockchain.info/unconfirmed-transactions

check this unconfirmed transactions,, it keeps piling up.. reaches to 5200.
Well Bitcoin is not fast and cheap anymore..

It's time to wait for the new king Eth~!, Eth takes only 5mins max
member
Activity: 107
Merit: 10
It's past 30mins, yet 1 confirmed ..

BTC can't solve block size issue,,

Segwit is delayed forever,, no real solution for block size issue..

Before halving, block size issue will ruin BTC,,,

WE ARE DOOMED!!!

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