1. 11-19-18 12:40 PM #1
    lonnie55
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    6 hours and 0 confirmations...

    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
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  2. 11-19-18 03:43 PM #2
    themike78
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    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.
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  3. 11-19-18 04:14 PM #3
    lonnie55
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    Quote Originally Posted by themike78 View Post
    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.
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  4. 11-20-18 04:16 AM #4
    Optional
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    Surprised how easily it is clogged back up.
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  5. 11-20-18 08:19 AM #5
    lonnie55
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    24 hours and still not a single confirmation...
    Last edited by lonnie55; 11-21-18 at 06:57 AM.
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  6. 11-20-18 04:10 PM #6
    lotuspod
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    Quote Originally Posted by lonnie55 View Post
    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.
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  7. 11-20-18 06:16 PM #7
    Optional
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    Quote Originally Posted by lotuspod View Post
    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.
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  8. 11-20-18 06:22 PM #8
    Justwinbaby0_0
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    Live look at BTC
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  9. 11-20-18 11:51 PM #9
    LLXC
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    When there's more congestion, you should increase the fee you're paying.
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  10. 11-21-18 04:31 AM #10
    lonnie55
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    Quote Originally Posted by LLXC View Post
    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.
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  11. 11-22-18 10:33 AM #11
    themike78
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    Quote Originally Posted by LLXC View Post
    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.
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