Bitcoin is EXACTLY where it needs to be right now, what the hell!

[ProfessionalGoogler]

So I stay pretty updated on this topic because Google Chrome stalks me and always recommends me "news" on Bitcoins. Recently these past weeks I have seen an increase of negative articles covering some Bitcoin issues relating to transaction speed and fees.

The "big banks", the "middle men" and anything else between cost HOW MUCH MORE TO USE vs BITCOIN?

Did anyone even think to look up the math on this? Bitcoin is EXACTLY where it needs to be right now!

Do you want to send $100 worth to someone instantly? Pay a higher fee to do so. Don't like it? Compare other rates (banks, middlemen, etc.) and I will see you come crawling back begging and saying sorry.

It is time for Bitcoin to stop undercutting itself and start profiting to build the market bigger than the banks.

Stop being so afraid that everything evil is taking over Bitcoin! CONTINUE to ignore negative attention and false assumptions against this product of the future.

--

Several guys I buy Bitcoin from all have different transactions speeds in which I receive a confirm.

The first two guys use the "default fee" while the third and preferred guy to buy from uses a slightly higher fee.

The difference? Up to an HOUR for the first 2 and 1-2 MINUTES for the preferred.

Maybe you should experiment yourself and RATE BITCOIN ON PERFORMANCE vs fees of existing technology. (the banks and middlemen you idiot!)

Good luck!

[SFR10]

Could you post some links to articles that have said negative things regarding transaction speed and fees of BTCitcoins, because I haven't heard anything recently. Regardless of which if there some, Those who make these kind of articles are also the ones behind Banks and similar systems that would do anything to damage BTCitcoin reputation for the sake of pushing it away from their path since it's a direct competition to their systems and they see BTCitcoin as their biggest rival that could damage the ridiculous earnings they get from their own monetary systems.

[Outlander]

I haven't noticed any negative article! The hot topic in the passed week is about the block increase debate and different proposals!

[DimensionZ]

Current speed of transactions is very dependent on the fee that's true and the default fee slows down the confirmations quite a bit. Paying huge fees in the long-term for small amounts is not effective though.

[racquemis]

My fee is at 200% ($0.08) because it's just to slow lately.

[caixa]

Do you want to send $100 worth to someone instantly? Pay a higher fee to do so. Don't like it? Compare other rates (banks, middlemen, etc.) and I will see you come crawling back begging and saying sorry.

I tottally agree with you here. Compared to bank fees, even a high transaction btc fee is almost insignificant compared to the transaction value, the reliability of the system, the easy access and procedures (no paperwork, proof of income and other boring stuff from banks).

If we put into the balance all the advantages of using btc, we should be willing to pay a higher fee than we pay to the banks. Think about it!

[okae]

I tottally agree with you here. Compared to bank fees, even a high transaction btc fee is almost insignificant compared to the transaction value, the reliability of the system, the easy access and procedures (no paperwork, proof of income and other boring stuff from banks).

If we put into the balance all the advantages of using btc, we should be willing to pay a higher fee than we pay to the banks. Think about it!

Not only this, people tend to forget that international payments sometimes is really slow, this mean that bitcoin is right now much better in some cases.

About the Fees, is there is someone who are happy with their bank fee? i doubt that... someday we will wake up and discover that bank fees have fees xD

[bitbaby]

Could you post some links to articles that have said negative things regarding transaction speed and fees of BTCitcoins, because I haven't heard anything recently. Regardless of which if there some, Those who make these kind of articles are also the ones behind Banks and similar systems that would do anything to damage BTCitcoin reputation for the sake of pushing it away from their path since it's a direct competition to their systems and they see BTCitcoin as their biggest rival that could damage the ridiculous earnings they get from their own monetary systems.

I haven't heard anything negative recently about transaction speeds, the only news I hear about bitcoin right now mostly is about block size issue and speculations on what is the right/wrong path. Or maybe its that I don't pay attention to these news because I know they don't make any sense at all and there's no need to get worked up after reading them.

[Pk880058]

I tottally agree with you here. Compared to bank fees, even a high transaction btc fee is almost insignificant compared to the transaction value, the reliability of the system, the easy access and procedures (no paperwork, proof of income and other boring stuff from banks).

If we put into the balance all the advantages of using btc, we should be willing to pay a higher fee than we pay to the banks. Think about it!

Not only this, people tend to forget that international payments sometimes is really slow, this mean that bitcoin is right now much better in some cases.

About the Fees, is there is someone who are happy with their bank fee? i doubt that... someday we will wake up and discover that bank fees have fees xD

i agree that bank fees are higher when compared to bitcoin transaction fees and even bank are charging unnecessary so many charges , if we compare that with bitcoin transaction than it is very less in bitcoin transaction charges. the transactions get slow if the fees is low or not. because exchanges should also have to earn to run their site. so it is their that if the transaction fees is less or not that transaction gets confirmation very slow.

[avatar_kiyoshi]

I'm not noticed negative news, I just do it myself, I use it and I like it, even block size debate is the biggest one of negative news recently. But I believe satoshi have thinking about this and maybe will give an advice to trusted people on bitcoin foundation.

[ProfessionalGoogler]

Transaction fees and transaction speed is what all the talk is REALLY about.

You can talk "blocks" all you want but my point is still clear, increasing the size and that "guy" who I never remember the name of who apparently was on the Bitcoin developer team?

Bitcoin is exactly where it needs to be and will continue as it always as from the beginning to exist and operate exactly as intended.

Boo hoo you can't send a penny quicky for cheap.

When I receive a penny in PayPal, PayPal eats this penny.

Why would you be receiving and sending pennies anyway? In that case a middle man service for Bitcoin such as PayPal. (instead of banks PayPal will one day use Bitcoin telling banks to step back and get ready to for this ride.)

Go ahead tell me one currency system in existence that was actually designed and continues to rise in value on average every day since the creation of Bitcoin.

What? Not everyone can have Bitcoin then? NO YOU IDIOT.

You don't need an endless supply of currency, just a endless divisible supply. (or close to it)

Gold? Diamonds? Nope. Google and other internet Gods are already working hard to start collecting this stuff from space a few generations from now -- no joke -- go GOOGLE it. We practically will have an endless supply.

--

The only thing Bitcoin has to fear is if global world powers decide they will dump every single currency system for a new digital spin off - no mining exist except between countries of power -- a completely reworked system that solves the inflation problem.

It would work because to the public eye they may still see the same "dollars" (or "euros", etc.) in an account but the system has been purged where no new currency will be created and you could only loan what you actually had or borrow money that actually isn't from vapor.

This would take away the creating of money out of thin air problem while at the same time allowing governments control of it and converting everyone.

In the end Bitcoin does solely rely on global laws and the power of ISPs.

Or maybe they can just stop printing money and "borrowing" our future. No, that would be too easy!  

[vrm86]

It would work because to the public eye they may still see the same "dollars" (or "euros", etc.) in an account but the system has been purged where no new currency will be created and you could only loan what you actually had or borrow money that actually isn't from vapor.

This would take away the creating of money out of thin air problem while at the same time allowing governments control of it and converting everyone.

In the end Bitcoin does solely rely on global laws and the power of ISPs.

Or maybe they can just stop printing money and "borrowing" our future. No, that would be too easy!  

There could be separate blockchains for covering fiat national currencies, that could not have any connection with the BTC blockchain.
But how to convince "magicians" to stop "magically" multiplying money, when that is so easy as you said?

[OgNasty]

My fee is at 200% ($0.08) because it's just to slow lately.

You should learn to set tx fees based on the size of the tx instead of a flat fee and select inputs that reduce the tx size.  I always spend less than a penny and have never had an issue.

[fisheater22]

...
Several guys I buy Bitcoin from all have different transactions speeds in which I receive a confirm.

The first two guys use the "default fee" while the third and preferred guy to buy from uses a slightly higher fee.

The difference? Up to an HOUR for the first 2 and 1-2 MINUTES for the preferred.
...

Blocks are confirmed every ~10 minutes.

[equator]

I never had any issue with Transaction fee and never faced the problem in transferring bitcoins to other wallets. In online web wallets we dont have to worry about transaction fees as some wallets give free service and even if some charges that are penny and never faced problem with transfers,

From desktop wallet their i have set the Transaction fees very less so that is also no problem until i am paying transaction fee.

[PakistanHockeyfan]

It isn't exactly where it should be. The price isn't growing at all. It's very stagnant. I look at Bitcoin price everyday. It's odd that it hasn't fluxuated this month at all.

[commandrix]

It isn't exactly where it should be. The price isn't growing at all. It's very stagnant. I look at Bitcoin price everyday. It's odd that it hasn't fluxuated this month at all.

The price is NOT the only indicator of where Bitcoin is. If I did a scientific study of Bitcoin's success, I'd look at where Bitcoin is now compared to where it's been in the past, how many people are getting their feet wet and doing their first transactions every month, how many businesses are using Bitcoin or are thinking about it and the volume of transactions involving Bitcoin they receive every day, etc., etc.

And if you send the equivalent of US$0.01 in Bitcoin in a transaction, you're doing it wrong. I'd say "where Bitcoin is now" is that we could reasonably be using it for larger transactions in which paying a few cents per transaction would be practically irrelevant by comparison. I wish most altcoins didn't have such a poor reputation; I really do. I think some of the more reputable altcoins could reasonably be used for microtransactions where you wouldn't have to worry about your penny being eaten up by transaction fees if that's the amount you want to send.

[hnhbxddt0]

So I stay pretty updated on this topic because Google Chrome stalks me and always recommends me "news" on Bitcoins. Recently these past weeks I have seen an increase of negative articles covering some Bitcoin issues relating to transaction speed and fees.

The "big banks", the "middle men" and anything else between cost HOW MUCH MORE TO USE vs BITCOIN?

Did anyone even think to look up the math on this? Bitcoin is EXACTLY where it needs to be right now!

Do you want to send $100 worth to someone instantly? Pay a higher fee to do so. Don't like it? Compare other rates (banks, middlemen, etc.) and I will see you come crawling back begging and saying sorry.

It is time for Bitcoin to stop undercutting itself and start profiting to build the market bigger than the banks.

Stop being so afraid that everything evil is taking over Bitcoin! CONTINUE to ignore negative attention and false assumptions against this product of the future.

--

Several guys I buy Bitcoin from all have different transactions speeds in which I receive a confirm.

The first two guys use the "default fee" while the third and preferred guy to buy from uses a slightly higher fee.

The difference? Up to an HOUR for the first 2 and 1-2 MINUTES for the preferred.

Maybe you should experiment yourself and RATE BITCOIN ON PERFORMANCE vs fees of existing technology. (the banks and middlemen you idiot!)

Good luck!

每天只要做很简单任务，一个月就有百分之100的利息。真的太棒了。

[elizabethqueen]

So I stay pretty updated on this topic because Google Chrome stalks me and always recommends me "news" on Bitcoins. Recently these past weeks I have seen an increase of negative articles covering some Bitcoin issues relating to transaction speed and fees.

The "big banks", the "middle men" and anything else between cost HOW MUCH MORE TO USE vs BITCOIN?

Did anyone even think to look up the math on this? Bitcoin is EXACTLY where it needs to be right now!

Do you want to send $100 worth to someone instantly? Pay a higher fee to do so. Don't like it? Compare other rates (banks, middlemen, etc.) and I will see you come crawling back begging and saying sorry.

It is time for Bitcoin to stop undercutting itself and start profiting to build the market bigger than the banks.

Stop being so afraid that everything evil is taking over Bitcoin! CONTINUE to ignore negative attention and false assumptions against this product of the future.

--

Several guys I buy Bitcoin from all have different transactions speeds in which I receive a confirm.

The first two guys use the "default fee" while the third and preferred guy to buy from uses a slightly higher fee.

The difference? Up to an HOUR for the first 2 and 1-2 MINUTES for the preferred.

Maybe you should experiment yourself and RATE BITCOIN ON PERFORMANCE vs fees of existing technology. (the banks and middlemen you idiot!)

Good luck!

oh,dont too serious dude,i am sure its just accidental,as long i do bitcoin transaction,i never have a same time and same accident that my transaction delayed in right time,its tottaly accidental.

[lrdeoliveira]

if I want to send money through my bank and I do request the recipient receives them after a few days , whit bitcoin is better Because you have to wait one confirm ( from 1 to 1 hour in most of the cases ) i see only good things