[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 6 KB, 250x169, 1556750130019.jpg [View same] [iqdb] [saucenao] [google]
13512345 No.13512345 [Reply] [Original]

>sent btc
>1 hour and 30 minutes later no confirmations

bullish

>> No.13512397
File: 16 KB, 249x249, unnamed (2).jpg [View same] [iqdb] [saucenao] [google]
13512397

>he didn't use nano

>> No.13512403

Pay the fee cheap fuck

>> No.13512407

We should set blocks to 300kbs

>> No.13512455

>>13512403
This OP. BTC is digital gold store of value. Which means it needs to act like gold. So it needs to be expensive and slow to move. Otherwise it literally loses all its value. Satoshi predicted this.

>> No.13512469

>>13512455
>Expensive
50 cents cheap fuck
>Slow to move
Not when you pay the fee cheap fuck

>> No.13512500

>>13512469
>almost all exchanges require 3 confs
>each conf takes 10 minutes
>30 minutes

wew. meanwhile you can just use eth, which has 12 sec block times and most exchanges only require 20 confs (2 minutes). or use nano like this anon >>13512397 said which is instant and exchanges only require 1 conf.

>> No.13512506

>>13512469
That 50 cents is gonna be worth like $5 at the end of the year though.

>> No.13512554

>>13512469
At wider adoption, digital gold costs a lot more ie last bull. The higher store of value goes in price the more expensive it is to use and the longer it takes to transact. It's a great feature. Like rn there isnt a whole lot of liquidity so the digital gold is pretty light, so it's a bit cheaper and faster. The more liqudity in the market the heavy digital gold gets, the more costly and slower it becomes. A true store of value.