6 hours and 0 confirmations...

[lonnie55]

wanted to make a deposit at Cloudbet 6 hours ago with regular fee from blockchain.info, still no confirmation

seems like network overloaded because people do panic sellings

[themike78]

Yeah it sucks. I'm waiting 8 hours now for a confirmation. It seems bitcoin is back to its old ways. It was actually fast and cheap for several months. I'm going back to p2p transfers. Bitcoin is garbage and I can't believe people actually think it will become a mainstream way to transfer money. Its quicker to send money in the mail than use bitcoin.

[lonnie55]

Yeah it sucks. I'm waiting 8 hours now for a confirmation. It seems bitcoin is back to its old ways. It was actually fast and cheap for several months. I'm going back to p2p transfers. Bitcoin is garbage and I can't believe people actually think it will become a mainstream way to transfer money. Its quicker to send money in the mail than use bitcoin.

Never a mainstream payment method. But in the near future it could become a safe haven during a big financial crisis when people lose confidence in fiat money. Euro might collapse in 2-3 years. Next crisis should become bigger than the last one. Of course only if Bitcoin survives the current negative trend.

[Optional]

Surprised how easily it is clogged back up.

[lonnie55]

24 hours and still not a single confirmation...

[lotuspod]

Never a mainstream payment method. But in the near future it could become a safe haven during a big financial crisis when people lose confidence in fiat money. Euro might collapse in 2-3 years. Next crisis should become bigger than the last one. Of course only if Bitcoin survives the current negative trend.

This. It's not meant to be a replacement for Paypal, debit cards, or smaller processors...that's only if they can get lightning to work well - which is still a few years away most likely. The base layer of btc is really only meant for larger settlements, a store of value.

[Optional]

This. It's not meant to be a replacement for Paypal, debit cards, or smaller processors...that's only if they can get lightning to work well - which is still a few years away most likely. The base layer of btc is really only meant for larger settlements, a store of value.

Would Satoshi agree that is what bitcoin was "meant" for?

I don't think so.

That's the line people parrot to excuse what Bitcoin Core group has done with it.

[Justwinbaby0_0]

Live look at BTC

[LLXC]

When there's more congestion, you should increase the fee you're paying.

[lonnie55]

When there's more congestion, you should increase the fee you're paying.

It was before the crash when I sent the money. I couldn't know.

[themike78]

When there's more congestion, you should increase the fee you're paying.

Of course, but unfortunately a lot of the places I deal with will not let you adjust the fee and they send with super low fees. Very frustrating.