Topic: Bitcoin is EXACTLY where it needs to be right now, what the hell! (Read 1343 times)

Direct Bitcoin to Bitcoin transfers will be cheaper than any fee out there at the moment, but once you start using these payment processors and they start adding their

fees, you reduce the advantage Bitcoin has over it's competitors. There will always be haters and shills attacking a disruptive technology like Bitcoin with negative fud.

A true supporter and someone with a bit more than average knowledge on the technology, can easily spot the fud. 

Wow you really are behind in what is going on with Bitcoin.

Shows what little you know. 

First Bitcoin need to scale onchain, offchain or both. Without this, not much more people can use Bitcoin than right now. While offchain solutions dont exist yet and need to be proved these can work at all, we are left with onchain scaling, eighter one time SegWig for up to 2x more transactions or just increasing Blocksize limits as much as become necessary over time

i call bullshit.. 1-2 minutes? um.. i dont think 'ProfessionalGoogler' has ever actually used bitcoins. and is just making comments based on research ofposts and news..

1-2minutes for a confirm.. that alone shows how little ProfessionalGoogler actually knows

if I want to send money through my bank and I do request the recipient receives them after a few days , whit bitcoin is better Because you have to wait one confirm ( from 1 to 1 hour in most of the cases ) i see only good things

oh,dont too serious dude,i am sure its just accidental,as long i do bitcoin transaction,i never have a same time and same accident that my transaction delayed in right time,its tottaly accidental.

每天只要做很简单任务，一个月就有百分之100的利息。真的太棒了。

The price is NOT the only indicator of where Bitcoin is. If I did a scientific study of Bitcoin's success, I'd look at where Bitcoin is now compared to where it's been in the past, how many people are getting their feet wet and doing their first transactions every month, how many businesses are using Bitcoin or are thinking about it and the volume of transactions involving Bitcoin they receive every day, etc., etc.

And if you send the equivalent of US$0.01 in Bitcoin in a transaction, you're doing it wrong. I'd say "where Bitcoin is now" is that we could reasonably be using it for larger transactions in which paying a few cents per transaction would be practically irrelevant by comparison. I wish most altcoins didn't have such a poor reputation; I really do. I think some of the more reputable altcoins could reasonably be used for microtransactions where you wouldn't have to worry about your penny being eaten up by transaction fees if that's the amount you want to send.

It isn't exactly where it should be. The price isn't growing at all. It's very stagnant. I look at Bitcoin price everyday. It's odd that it hasn't fluxuated this month at all.

I never had any issue with Transaction fee and never faced the problem in transferring bitcoins to other wallets. In online web wallets we dont have to worry about transaction fees as some wallets give free service and even if some charges that are penny and never faced problem with transfers,

From desktop wallet their i have set the Transaction fees very less so that is also no problem until i am paying transaction fee.

Blocks are confirmed every ~10 minutes.

You should learn to set tx fees based on the size of the tx instead of a flat fee and select inputs that reduce the tx size.  I always spend less than a penny and have never had an issue.

There could be separate blockchains for covering fiat national currencies, that could not have any connection with the BTC blockchain.
But how to convince "magicians" to stop "magically" multiplying money, when that is so easy as you said?

Transaction fees and transaction speed is what all the talk is REALLY about.

You can talk "blocks" all you want but my point is still clear, increasing the size and that "guy" who I never remember the name of who apparently was on the Bitcoin developer team?

Bitcoin is exactly where it needs to be and will continue as it always as from the beginning to exist and operate exactly as intended.

Boo hoo you can't send a penny quicky for cheap.

When I receive a penny in PayPal, PayPal eats this penny.

Why would you be receiving and sending pennies anyway? In that case a middle man service for Bitcoin such as PayPal. (instead of banks PayPal will one day use Bitcoin telling banks to step back and get ready to for this ride.)

Go ahead tell me one currency system in existence that was actually designed and continues to rise in value on average every day since the creation of Bitcoin.

What? Not everyone can have Bitcoin then? NO YOU IDIOT.

You don't need an endless supply of currency, just a endless divisible supply. (or close to it)

Gold? Diamonds? Nope. Google and other internet Gods are already working hard to start collecting this stuff from space a few generations from now -- no joke -- go GOOGLE it. We practically will have an endless supply.

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The only thing Bitcoin has to fear is if global world powers decide they will dump every single currency system for a new digital spin off - no mining exist except between countries of power -- a completely reworked system that solves the inflation problem.

It would work because to the public eye they may still see the same "dollars" (or "euros", etc.) in an account but the system has been purged where no new currency will be created and you could only loan what you actually had or borrow money that actually isn't from vapor.

This would take away the creating of money out of thin air problem while at the same time allowing governments control of it and converting everyone.

In the end Bitcoin does solely rely on global laws and the power of ISPs.

Or maybe they can just stop printing money and "borrowing" our future. No, that would be too easy!  

I'm not noticed negative news, I just do it myself, I use it and I like it, even block size debate is the biggest one of negative news recently. But I believe satoshi have thinking about this and maybe will give an advice to trusted people on bitcoin foundation.

i agree that bank fees are higher when compared to bitcoin transaction fees and even bank are charging unnecessary so many charges , if we compare that with bitcoin transaction than it is very less in bitcoin transaction charges. the transactions get slow if the fees is low or not. because exchanges should also have to earn to run their site. so it is their that if the transaction fees is less or not that transaction gets confirmation very slow.

I haven't heard anything negative recently about transaction speeds, the only news I hear about bitcoin right now mostly is about block size issue and speculations on what is the right/wrong path. Or maybe its that I don't pay attention to these news because I know they don't make any sense at all and there's no need to get worked up after reading them.

Not only this, people tend to forget that international payments sometimes is really slow, this mean that bitcoin is right now much better in some cases.

About the Fees, is there is someone who are happy with their bank fee? i doubt that... someday we will wake up and discover that bank fees have fees xD

I tottally agree with you here. Compared to bank fees, even a high transaction btc fee is almost insignificant compared to the transaction value, the reliability of the system, the easy access and procedures (no paperwork, proof of income and other boring stuff from banks).

If we put into the balance all the advantages of using btc, we should be willing to pay a higher fee than we pay to the banks. Think about it!

My fee is at 200% ($0.08) because it's just to slow lately.