Topic: Can we still say that BTC transactions are faster? - page 5. (Read 3961 times)

Yes for me im very satisfied of the service of bitcoin its conviniet using it for my bills payment and in other transactions but theres a time my cash out took a lot of time before i recieved that was only 1 case

bitcoin transactions are still fast enough to be considered faster.
if you are looking for anything faster than this then you have to look somewhere else like looking into altcoins and also accept the flaws they have

If someone is saying that you need to include bigger fees to make sure your transaction is processed faster, then this is not really solution to the low confirmation times problem but rather
it feels more like a workaround. Shouldn't fast confirmation be a standard with normal fee rates? Do you have to be BTC expert ans manually set every fee rate to be experiencing cryptocurrency in the fullest?

Yea it's happened to me as well a few where it takes a while to confirm, don't know about a full hour though. I'm assuming you've included the recommended fee so all you have to do now is wait. The lightning network is around the corner so don't despair  

Old bitcoins are like a good old wine! With other words I hold all my coins and in ten years it needs no block to confirm a payment..surely  

Lightning Network or Visa.
Except Visa is real, and Lightning Network will be ready In Two Weeks^TM.

I have some old bitcoins. When I do transactions, I usually send these coins first. They have higher priority so transaction is faster.

Blocksize increase for example with SegWit? It depends on the solved blocks per hour and the added fee. Never had the problem with no confirms after one hour but before I make a payment I always check the mempoolsize and open transactions

Agree, depends on your comparision.
Bitcoin is global, on every aiport in the world you can pay with bitcoin (mobilephone) imagine that.
There is no need anymore for currency exchanges etc. true revolution

Saying that you've included X fee is pointless. That fee might be adequate for TX A, but might be too low for TX B. What matters is satoshis/byte (which currently stands at 40 satoshis/byte).

Don't blame the network if you can't use Bitcoin properly. There have been no known problems with the blockchain either. You don't know what you're talking about.

For me bitcoin transaction is not so fast if you compared to the old ones, Old transaction in back 2012 transaction is more faster than now, And sometime blockchain has a huge problem in transaction

Bitcoin transactions have probably been slower for me over the past months since I would usually get confirmations within the first block that appeared if I paid 0.0001 fee, but now, I would have to wait half a day sometimes.

So no, I don't think that transactions are faster in any means.

too many people are over selling the whole "instant transactions" premiss..

yet due to Malleability, RBF, lack of fee NO ONE should every treat it as "payment received" until its actually confirmed.

there are too many ways to have a unconfirmed transaction disappear
so stop trying to promote bitcoin based purely on unconfirmed transaction times of 'near instant'.

its almost like saying that a fast food restaurant can sell 60 burgers a minute because it only takes 1 second to hand over the burger to the customer..
but when 60 people are in queue ordering a burger, suddenly the restaurant still has a queue of irritated and annoyed customers waiting for a burger well after the minute is up.

so stop trying to twist small pieces of information to then try to suggest its the situation everyone should experience and happily accept.
again no one should be accepting zero confirms. so no one should be using the zero confirm timescales as part of their bitcoin promoting.

if you lemming are atleast honest with people and tell them that bitcoin averages a confirmed transaction within an hour.. people will still be happy..
but saying bitcoin is near instant.. then people find out that the other person hasnt accepted it.. then there are issues.

do not over promise. is basically rule one of decent promotions

for me yes, because once you send bitcoin to another address it is instant , its already on process, you just need to wait for confirmation so that you will be able to see the bitcoin in your wallet. dont get me wrong, but when everytime i have to deal with some, once i see the transaction tx , and the receiving bitcoin in my wallet, even without the full confirmation or even if its unconfirmed confirmation i already give my part in the trade.

Sometimes ,cause some of my transansactions  confirms  very fast. ,while others took a day to confirm all the confirmations.
They should be working on how yo transfer btc fast.

Bitcoin's transaction is very fast if we accept zero confirmation method.
It's not dangerous as long as user put recommended fees or it's not very big/important transaction.

In future, block size problem will be solved and new technology such as Lightning Network will make bitcoin transaction can be confirmed quickly.

Maybe, bitcoin is needed to improve their performance. I agree with you, sometimes if I make a transaction it takes a more time to wait for one block confirmation. It's why bitcoin will have an LN project will make bitcoin transaction without block confirmation.

What is the dangerous part of cash transaction? If it is dangerous so there will no Bank or even real money in this word.

lately always take a long time, a couple of weeks ago I transactions using paypal, really faster than bitcoin transactions.

I have heard that it is really fast and that you do not have to pay much money to do so. I have never used it before so I cannot really comment to much on this.