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User :- raddishrose
Thanks!
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Registered with the same U/N as here, BitcoinPricingtool
Thanks.
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The reason is simple:
* More TX's right now
* Blocks get filled faster, hence, more competition in places
* Same size and regularity of blocks, despite increased number of transactions
The fees are obligatory, BUT if you don't include a decent fee, you risk waiting for ages for your transaction to confirm.
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The issue isn't about the amount, Regardless of whether it's 2 USD or 20K USD, as long as the size in bytes and the total fees are reasonable with the network TX level it will get confirmed.
For the current TX time, I would say something along the range of 30 Satoshi per byte minimum, if you want it confirmed within few hours, but with 4,6, it wouldn't be strange to have to wait for days until a miner include it.
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Nothing in particular, everyone has their own tastes in everything, so it's to be expected that there are people who wouldn't like bitcoins, We won't send them to the gallows but we can do what everyone in the 21 Century (Business, Project or the like), To bombard them with advertisement  . |
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registered as instructed. username howzard
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Good luck! Joining in in minutes!
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Banks won't try taking a negative stand against bitcoin unless they feel it seriously impacting their business, which isn't the case right now. Even accounts getting shut are due to chargebacks and the like most of the time, rather than direct war against bitcoin.
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There is a point I don't understand regarding the ICO, we do buy a portion of the website capital and it would be re-bought at a percentage of made profit if any, however, do we get shares/profit based on the BKB we have (like regular shares) or just the re-buying percentage?
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Rather than use it for fun or vacations, I intend to collect it overtime and keep it hence improving my overall financial status with it, earning bitcoins can be fun but of course wasting it in non-necessary spending isn't my favorite thing.
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Keeping a small amount (less than one bitcoin) in a paper wallet and a USB wallet (if either of these cold wallets is destroyed, I would have the other storage link) and wanting to hold them for long term, even until one of those 200,000 USD per bitcoin predictions comes into flourishing.
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Of course its awfully risky, don't do that kind of investment unless you are ready to lose a big percentage of that investment if BTC falls down in price, which, even to top believers in BTC possible, even if the price recovers again it may months or years in the future, so take BTC as it is = a high risk investment with potential for huge money profit.
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No one knows for sure, since BTC is starting to get mass adopted and used worldwide as an investment and is shifting the financial system from top to bottom, taking the place of banks is difficult to expect but only with BTC I think it can happen. My opinion those would change a little but not be gone or changed fundamentally.
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Very hard for BTC to become a source of income mainly because of it's variety and lack of stability and therefore you can't get it stably, and hence can't depend on it as a source of income overall.. Those working for BTC companies or doing translation professionally can probably depend on it as a source of income.
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Bitcoin is working hard and becoming the future of money IMO, the fact BTC remained and got this kind of attention is an additional proof to that and the technology of blockchain had already been recognized as a great leading financial service system.
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Bitcoin seems to be moving firmly in the direction of being a world coin, already recognized by countries that were showing hostility towards it and hence the probability of adoption is increasing, The blockchain technology had already been adopted right now by multiple countries.
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You are right and the key to solving this is increasing the block size or importing something into the technology of BTC, because the miners themselves are not ready to do anything constructive, sometimes even mining empty blocks when the fees are not satisfactory to them.
A 2 MB block should lower the burden with double the size, or even something more fundamental, but the fees now are too big and even at the level of PayPal's 0.35 + 3% level right now for small Transactions.
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