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Other / Beginners & Help / Why is bitcoin so slow?
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on: June 12, 2011, 12:08:58 PM
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I'm often waiting 15mins+ for a transaction to get a single confirmation?
I believe this is a major factor holding bitcoin back from being more mainstream
If I was to accept bitcoin in a local store and the customer had to wait around whilst his transaction is confirmed I would loose customers pretty fast...
Also why is the bitcoin client forcing me to pay a 0.01 transaction fee? Surely a decentralised p2p currency shouldn't need to pay transaction fees? Where do these 0.01's go?
Cheers
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Other / Obsolete (buying) / Buying 2.5 namecoins for BTC
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on: June 10, 2011, 02:59:40 PM
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Am I correct in thinking I can register a .bit domain for 1yr for 1 namecoin?
If so how much do you want for 2.5 namecoins? ( already have .5 from slow ass Nvidia mining @ 5Mhash/s )
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Economy / Marketplace / How can I buy BTC for GBP
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on: June 03, 2011, 12:38:09 PM
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I'm looking to buy £50 worth of BTC
All the sites i've seen use awkward payment methods from the UK or offer hideously high exchange rates.
What are my best options?
ps. I cannot use paypal but can pay debit/credit card or any other online payment processor
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