Topic: Road block for bitcoin? (Read 199 times)
In connect with this issue,have you experienced a long time of sending transaction of bitcoin?like taking 8 hours now?still indicate SENDING?if theres someone who experienced such would you pls share here.im gladly hear anything from same problem,hope theres anyone who could share thanks guys
For me, that high transaction costs and slow confirmation speed are the 2 main headwinds facing BTC in relation to becoming widely used for every day transactions. There is no doubt that the tech needs to get better before we start to see BTC becoming a mainstream form of exchange for goods and services.
The instant confirmation piece is critical. This is what we pay the current financial system for. Speed. Crypto's need to understand that without instant confirmation this thing will never be used for every day transactions, and if that is true, then a lot of the hopes and aspirations of a lot of people on this forum will be crushed.
The instant confirmation piece is critical. This is what we pay the current financial system for. Speed. Crypto's need to understand that without instant confirmation this thing will never be used for every day transactions, and if that is true, then a lot of the hopes and aspirations of a lot of people on this forum will be crushed.
With the recent issue of high transaction fee and long time of transaction, will it be a road block for the bitcoin?
Looking like its getting issues with daily usage. Maybe bitcoin can only become the storage of value rather than a means of transaction / daily usage as mentioned in some other articles?
What's your thought?
Looking like its getting issues with daily usage. Maybe bitcoin can only become the storage of value rather than a means of transaction / daily usage as mentioned in some other articles?
What's your thought?
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