Transaction time is too slow!!!

[Elwar]

I deposited my money at the ATM on Saturday, my funds were finally available today, started my SEPA transaction today...it will be 2-3 days before my funds reach the exchange where I can buy at such low prices!  Argh!!! 

Who would invest in such a lame system with such slow transaction times?

[PhilipMorris]

Yes well atleast you know for sure your Euro's are still worth the same when you're spending them, unlike with BTC... I love to use Bitcoin, but how can I use it if My stash just keeps decreasing and decreasing? Im not gonna buy Bitcoins every time I need them, then I could have paid with my bank account just as easy.

[Meuh6879]

Who would invest in such a lame system with such slow transaction times?

banks generate high profit ... in fact, they create the money and pay no tax on it (QE).

  human are dumb.
bitcoin is smart.

[acquafredda]

Who would invest in such a lame system with such slow transaction times?

banks generate high profit ... in fact, they create the money and pay no tax on it (QE).

  human are dumb.
bitcoin is smart.

Thumbs up!

[Braedo]

Looks as though you need a new method. I can go to the bank and have funds in my exchange account in less than an hour.

[DannyHamilton]

Yes well atleast you know for sure your Euro's are still worth the same when you're spending them, unlike with BTC... I love to use Bitcoin, but how can I use it if My stash just keeps decreasing and decreasing? Im not gonna buy Bitcoins every time I need them, then I could have paid with my bank account just as easy.

I disagree.

For nearly the entire year of 2013 I found that my Euros were worth less and less bitcoins over time.  The value of my Euros against my bitcoins just kept decreasing and decreasing.

I'm not going to buy Euros every time I need them, then I could have just paid with my bitcoins just as easy.

[doubleredrolex]

Transaction time is horrible.. been waiting 30 min now and still not one confirmation yet. Brutal. And thats with generous fees attached. Darkcoin takes about 1 second to confirm and with the new InstantX it will do 6 confirmations in about 10 seconds. Thats cool tech. Bitcoin needs to fix this. Might have to adopt instantX when it becomes open source.

[Flashman]

Yeah, I've been trying to herd some fiat towards market, it's like an old time cattle drive. I even called the bottom to my buddies, right to the half hour window and within a dollar, several hours in advance... I only get as right as that when I can't get anything in play 

[medUSA]

I deposited my money at the ATM on Saturday, my funds were finally available today, started my SEPA transaction today...it will be 2-3 days before my funds reach the exchange where I can buy at such low prices!  Argh!!! 

Who would invest in such a lame system with such slow transaction times?

Exactly! And there are poeple complaining Bitcoin average transaction times of 10 minutes is slow! 
Modern global banking is so much slower, which is wrong because they know about the transfer within 24hours but takes 2-3 days to clear it.

[turvarya]

I deposited my money at the ATM on Saturday, my funds were finally available today, started my SEPA transaction today...it will be 2-3 days before my funds reach the exchange where I can buy at such low prices!  Argh!!! 

Who would invest in such a lame system with such slow transaction times?

Exactly! And there are poeple complaining Bitcoin average transaction times of 10 minutes is slow! 
Modern global banking is so much slower, which is wrong because they know about the transfer within 24hours but takes 2-3 days to clear it.

More like, within milliseconds.

[Jamie_Boulder]

Yes well atleast you know for sure your Euro's are still worth the same when you're spending them, unlike with BTC... I love to use Bitcoin, but how can I use it if My stash just keeps decreasing and decreasing? Im not gonna buy Bitcoins every time I need them, then I could have paid with my bank account just as easy.

I think he's talking about Bitcoins (or purchasing them at least).

Did you buy & hold your bitcoins as an investment? or did you buy & actually use them?

[redhawk979]

Think I'd rather deal with a 2-3 day wait than deal with 1/3 of my Bitcoin paycheck suddenly losing value.

[thriftshopping]

Yes well atleast you know for sure your Euro's are still worth the same when you're spending them, unlike with BTC... I love to use Bitcoin, but how can I use it if My stash just keeps decreasing and decreasing? Im not gonna buy Bitcoins every time I need them, then I could have paid with my bank account just as easy.

I disagree.

For nearly the entire year of 2013 I found that my Euros were worth less and less bitcoins over time.  The value of my Euros against my bitcoins just kept decreasing and decreasing.

I'm not going to buy Euros every time I need them, then I could have just paid with my bitcoins just as easy.

Unfortunately the opposite is true so far this year and for most of 2014 (as well as a few short periods in 2013).

His point is correct. The price of the Euro is stable (as in does not go neither up nor down very much in any given period of time), and your counterpoint is that the price of bitcoin was increasing at a rapid pace (which would not be considered to be stable).