No. Adding a fee that equals the recommended fee (in satoshis/byte) at the time (or even a higher fee) will make your TX confirm very quickly.
lol
blocks only accept ~2500 transactions..
is lauda really trying to falsely suggest that if 5,000 people transacting at the same time all paid $1(big premium), all of their transactions would get settled in the next 10 minutes(magically all squeeze in because they paid a premium).. sorry but thats just not possible.
is lauda really trying to falsely suggest that if 5,000 people transacting at the same time all paid $1(big premium), all of their transactions would get settled 20 minutes... sorry but thats just not possible.
imagine it.. 5000tx pay $1 fee.. the next block is block 419,500
now another new 5000tx want to go through, this time they pay $1.01, with the next block being 419,501
now another new 5000tx want to go through, this time they pay $1.02, with the next block being 419,502
now another new 5000tx want to go through, this time they pay $1.03, with the next block being 419,503
now another new 5000tx want to go through, this time they pay $1.04, with the next block being 419,504
now imagine for the next few hours there were no new transactions.. allowing the network to catch up..
lauda i want you to do this:
tell people using blocknumber examples and transactions accepted and fees used for those transactions. what order you think the transactions would settle
hang on i know he wont.... hell ill do it for him
419,500: 2500tx pay $1
419,501: 2500tx pay $1.01
419,502: 2500tx pay $1.02
419,503: 2500tx pay $1.03
419,504: 2500tx pay $1.04
419,505: 2500tx pay $1.04
419,506: 2500tx pay $1.03
419,507: 2500tx pay $1.02
419,508: 2500tx pay $1.01
419,509: 2500tx pay $1
the whole premiss of "just pay more" guarantees NOTHING because if everyone is "just paying more" then its just a vicious circle
that is a slice of reality that shows even paying large sums doesnt make everyone be on equal grounds. doesnt make everyone happy..
as you can see.. people that transacted at the time before 419,500.. half of them were waiting 9blocks, thats even with a $1 fee
dont you get it yet lauda