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Author Topic: We can't buy something with Bitcoin quickly  (Read 5988 times)
insom
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November 28, 2017, 05:47:16 AM
 #221

Yes, this IS an issue with Bitcoin. The transactions are slow which can be pretty annoying especially when we need to make a quick purchase. All we can do is pray that the block size increases so that we can achieve faster transactions.
There are a few destinations today where you'll get great straightforwardly with bitcoins. you can attempt any of them however today you must pay a ton higher exchange expense then it usual prior and even need to sit tight for quite a long time to encourage three affirmations on your exchange. This is the means by which online exchange work utilizing Bitcoin.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 28, 2017, 06:09:31 AM
 #222

Most merchant have not started to accept bitcoin as the official mode of payment. Most times I buy from someone in the cryptocurrency community with bitcoin because the person knows the worth of bitcoin
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