where's dev
Are we on fork?
Maybe I will have to measure more preciselyin the future to see how long it is taking in actuality- [...]
Or stop making shit up. That works too
Yeah right. A rough estimate can be different from precise timing, and yep I agree that no one likes anyone who exaggerates.
I think that I tend to not worry whether it takes 15 minutes or an hour or perhaps a day in some instances for the bitcoins to actually be available because I tend to maintain a sufficient balance in Bitcoin and dollars to provide a bit of a cushion for possible volatility. Therefore if I'm really worried about having some bitcoins locked up in one place for an extended period of time (more than 15 minutes, for example), I could sell an equal or proportionate amount of bitcoins in another place.
And, yep I can imagine instance in which the cushion of bitcoins would not be there for me for one reason or another, or possible the amount of bitcoins in the pending transaction is really high, so it's more difficult to maintain a cushion or to sell somewhere else .
I suppose if I were dealing in some hypothetical situations in which I needed access to the bitcoins more quickly then I would need to measure more the amount of time more precisely for actual availability versus the bitcoins just showing up as "pending."
I also recognize that other people may experience other kinds of use cases that make it better to have actual access to the coins more quickly, and there are some people who do not operate their lives with various cushions in their finances, so they get a bit more anxious through either inadvertence or lack of preparations.
One of the USPs of Bitcoin is its fluidity. Being able to move funds in less than an hour, instead of (business) days. No need to maintain "cushions", of your own or rented (credit cards). Creating blockchain traffic jams sacrifices that huge advantage of Bitcoin.
I'm not sure about whether we may be talking about two separate things.
Surely, I do not expect people to engage in the same kinds of practices as me; however, for almost two years before October 2015, I mostly was in the mode of accumulating bitcoin, and whenever I made any transaction, I would replace whatever bitcoins that I used.
Since October 2015, I have begun to trade bitcoin, and in essence I believe trading bitcoin (to some degree) helps to protect my investment from some of the up and down volatility.
Some day in the future, we may be able to measure bitcoin in terms of some other thing rather than the dollar; however, in current times, bitcoin remains quite volatile in terms of the dollar. Yes, in a lot of instances, there is much more upside potential in being about to move bitcoin around a lot cheaper than the dollar, yet I am still at a point, in my bitcoin investment, that I feel that it is necessary to have these various cushions in place in order to protect me from some of the volatility.
Actually, also, since I have these various systems in place, I also find it to be the case that I can buy and sell bitcoins at a profit no matter what is the price direction, but I sill am involved in quite a bit of record keeping and juggling a variety of bitcoin accounts in order to achieve such profits in trading and in engaging in bitcoin transactions.
Accordingly, I agree with you that in a large number of cases (and the various systems that I use on a regular basis), in most cases it is way way way faster to move around bitcoins in a fairly low fee way than to move around dollars. The only exception seems to be if there is a transaction going from accounts within the same bank or cash transfers into banks. Otherwise, bitcoin is much faster and less expensive.
