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Author Topic: Bitcoins rarity VS wide scale acceptance.  (Read 631 times)
LawBC (OP)
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April 09, 2014, 11:57:14 PM
Last edit: May 18, 2014, 03:48:32 AM by LawBC
 #1

Sorry no.
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Bitcoin Magazine
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April 10, 2014, 12:01:19 AM
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i LOOOVE bitcoin.  and yes, the transaction fee will go down to 0.00001 once Bitcoin adds another digit, so no more worrying if it goes up to $17,000

i am here.
skooter
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April 10, 2014, 12:33:01 AM
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Don't worry.

Bitcoin will never go mainstream. It won't affect your usage of it to buy drugs.
jonald_fyookball
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April 10, 2014, 01:02:52 AM
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This has been discussed to death.  mBTC (milli or 1/1000) will likely be used more often.

Siegfried
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April 10, 2014, 01:15:07 AM
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People should be encouraged to buy larger amounts of store credit (gift cards) with BTC in a single transaction rather than many micro transactions.
testigodehumanidad
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April 10, 2014, 01:17:14 AM
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This has been discussed to death.  mBTC (milli or 1/1000) will likely be used more often.

qft
DannyHamilton
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April 10, 2014, 01:34:34 AM
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People in America have difficulty with the concept of the metric system, but the rest of the world shouldn't have much trouble with the idea of milli-Bitcoins, and micro-Bitcoins.

greenlion
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April 10, 2014, 04:01:26 AM
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Adam Back's recent "sidechain" concept for the so-called Bitcoin 2.0 infrastructure gives a very compelling answer for what scarcity and acceptance is might look like in the future, that is so beyond any of the kinds of discussions we've seen so far.
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April 10, 2014, 04:11:51 AM
 #9

Adam Back's recent "sidechain" concept for the so-called Bitcoin 2.0 infrastructure gives a very compelling answer for what scarcity and acceptance is might look like in the future, that is so beyond any of the kinds of discussions we've seen so far.

I am ready to learn more about the "sidechain" concept & Bitcoin 2.0 infrastructure.
Do you have a link with a good starting point?

Here is one:
http://letstalkbitcoin.com/blockchain-2-0-let-a-thousand-chains-blossom/

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April 10, 2014, 05:57:00 AM
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Adam Back posted a pretty good overview of the concept on Sourceforge:

http://sourceforge.net/p/bitcoin/mailman/message/32108143/

I feel like there's a lot of potential implications of the idea in a high-level ecosystem sense that haven't really emerged yet.
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