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[MicroGuy]

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[Remember remember the 5th of November]

I haven't been following much of Bitcoin for a while now. Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

[HostFat]

Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

Yes.

Just look here and remember how much you had to pay before
http://estimatefee.appspot.com/

It will be worse day by day if no solution will happen.

[OgNasty]

I haven't been following much of Bitcoin for a while now. Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

No.  I received a 0 fee transaction last night without any delay in confirming.

[Lauda]

Yes.
It will be worse day by day if no solution will happen.

Wrong. There is no problem at this very moment.

I haven't been following much of Bitcoin for a while now. Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

No.  I received a 0 fee transaction last night without any delay in confirming.

If you want to add additional insurance to the transaction include 2x the standard fee (which is very small). This way even if the blocks are full your transaction is most likely going to go through. The Network does not indeed have a problem at this very moment; anyone claiming otherwise is trying to manipulate/misinformed/spreading false information/other.

[iCEBREAKER]

I haven't been following much of Bitcoin for a while now. Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

No, that's not true.  It's FUD generated for the sake of manufacturing dissent.

Bitcoin is just starting to work exactly as intended.

Properly competitive fees have never stopped granting proportionate transaction priority (IE, efficiently allocating scarce resources).

But fee market maturation, sufficient to ween Bitcoin off its declining block reward subsidies, is a worst-case doomsday scenario for Hearn's BIS Bankster buddies.

[iCEBREAKER]

  Hearn's "faith in humanity shaken" 

Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

Yes.

Just look here and remember how much you had to pay before
http://estimatefee.appspot.com/

   It will be worse day by day if no solution will happen.   

[fisheater22]

...
Bitcoin is just starting to work exactly as intended.

[foggyb]

I haven't been following much of Bitcoin for a while now. Is what I read true that the Bitcoin network has lots of congestion and that transactions take too long?

Never had a transaction not go through where it wasn't a 3rd party's fault in all my years in bitcoin. Sometimes it took over an hour, but that's not exactly the end of the world.

[keepdoing]

Love watching the Blockstream idiot hijaakers gloat. 

It's beautifully Ironic.  Today they gloat a Mike's failure to hijaak bitcoin.

Tomorrow we laugh at all of them for their failed hijaak attempt of Core.

www.BitcoinClassic.com #Winner.
* Classic isn't XT.  It has actual concensus, support, and is reasonable.  And let's remember this... as much as I think Mike Hearns is a traiterous ass, I totally respect him for being the first to standup and throw a punch at these hijaaking, whiny, lying, manipulating, censorship wielding, bitcoin crippling losers at Blockstream/Core.

Oh, and don't count Mike out yet.  He is in my guess a huge threat to Bitcoin.  I predict that when chaos around the Classic Fork is going strong - the R3CEV/Hyperledger/Bank team will strike with a Fiat Coin announcement.

[abs350]

If bitcoin is working then its working.

Even if transactions can take 1 hour to complete the fact is they complete and they are secure. That is still an improvement on anything before bitcoin.

If the time to complete becomes an issue people can use another chain for less than 1 hour. Bitcoin will always be number one since its got the first mover advantage. The miners dont switch to another sidechain so BTC is always stronger with more hashing power.

Mike Hearn is talking bull**** as usual.

[kelsey]

Oh, and don't count Mike out yet.  He is in my guess a huge threat to Bitcoin.  I predict that when chaos around the Classic Fork is going strong - the R3CEV/Hyperledger/Bank team will strike with a Fiat Coin announcement.

oh but that is counting him out 

[iCEBREAKER]

Love watching the Blockstream idiot hijaakers gloat.  

It's beautifully Ironic.  Today they gloat a Mike's failure to hijaak bitcoin.

Tomorrow we laugh at all of them for their failed hijaak attempt of Core.

www.BitcoinClassic.com #Winner.
* Classic isn't XT.  It has actual concensus, support, and is reasonable.  And let's remember this... as much as I think Mike Hearns is a traiterous ass, I totally respect him for being the first to standup and throw a punch at these hijaaking, whiny, lying, manipulating, censorship wielding, bitcoin crippling losers at Blockstream/Core.

Oh, and don't count Mike out yet.  He is in my guess a huge threat to Bitcoin.  I predict that when chaos around the Classic Fork is going strong - the R3CEV/Hyperledger/Bank team will strike with a Fiat Coin announcement.

What makes you think Blockstream is going to pull a Hearn (IE, write self-indulgent Goodbye Cruel World + Bitcoin Obiturary Medium post, rage quit, and rage dump) tomorrow?

All you Gavinistas' 6 months of whining and threats has accomplished is providing the rest of us with amusement.

You haven't moved the needle towards Gavinblocks at all, not one iota.

We warned you the outcome of your contentious vanity fork and governance coup attempts would be gridlock, which effectively preserves the 1MB status quo.

In response, you guys amped up the drama, using ridiculous bullet words like censorship/dictatorship/hijack/crippling/strangling to goad the Reddit mob into lighting their torches and stamping about chanting "rabble rabble rabble!"

How's that working for you?

Are you starting to understand why you can't win this fight, or do I need to make a new #REKT meme?  

[kelsey]

^ +21 mil what iCEBREAKER said  

[keepdoing]

Love watching the Blockstream idiot hijaakers gloat. 

It's beautifully Ironic.  Today they gloat a Mike's failure to hijaak bitcoin.

Tomorrow we laugh at all of them for their failed hijaak attempt of Core.

www.BitcoinClassic.com #Winner.
* Classic isn't XT.  It has actual concensus, support, and is reasonable.  And let's remember this... as much as I think Mike Hearns is a traiterous ass, I totally respect him for being the first to standup and throw a punch at these hijaaking, whiny, lying, manipulating, censorship wielding, bitcoin crippling losers at Blockstream/Core.

Oh, and don't count Mike out yet.  He is in my guess a huge threat to Bitcoin.  I predict that when chaos around the Classic Fork is going strong - the R3CEV/Hyperledger/Bank team will strike with a Fiat Coin announcement.

What makes you think Blockstream is going to pull a Hearn (IE, write self-indulgent Goodbye Cruel World + Bitcoin Obiturary Medium post, rage quit, and rage dump) tomorrow?

All you Gavinistas' 6 months of whining and threats has accomplished is proving us with amusement.

You haven't moved the needle towards Gavinblocks at all, not one iota.

We warned you the outcome of your contentious vanity fork and governance coup attempts would be gridlock, which effectively preserves the 1MB status quo.

In response, you guys amped up the drama, using ridiculous bullet words like censorship/hijack/crippling/strangling to goad the Reddit mob into lighting their torches and stamping about chaning "rabble rabble rabble!"

How's that working for you?

Are you starting to understand why you can't win this fight, or do I need to make a new #REKT meme?   

I think you missed my point.  The fight isn't going to be with Blockstream/Core.  The switch to Classic is a given based on support numbers.  The fight is going to be with Fiat Coin.  You lot won't be around for that - except as trouble making schrill cats yeowling and confusing stuff.

[mexxer-2]

-snip-

Either I've been too ignorant of the rants in the Bitcoin discussion, or(more likely) this is another wanna-be altcoin that is being backed by shills.

[stoat]

Lol "fiat coin"  hughwotmeigh? Unless you can enlighten me i don't see the threat.

[fisheater22]

Either I've been too ignorant of the rants in the Bitcoin discussion, or(more likely) this is another wanna-be altcoin that is being backed by shills.

[chopstick]

At this point I have no idea what to believe.

Someone please hold me.

[The Sceptical Chymist]

Love to hear the old-timers' opinions.  It's only been like 6 years, but 2009 seems so long ago in bitcoin-time. 

My faith in humanity has already been shaken and that's why I don't leave my abode much.  I shall make this my reading for tonight--I didn't know who Mike Hearn was and why all these threads had been created based on what he's been spouting.  Oh well, people come and go.