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> It's too slow In my recent experience, payments confirm ~5 times within an hour or so. > too cumbersome for he average consumer The BitPay wallet is very e

> It's too slow In my recent experience, payments confirm ~5 times within an hour or so. > too cumbersome for he average consumer The BitPay wallet is very easy to use. And many sites now use payment URLs, so it's basically just click the link, and hit OK. > and its value fluctuates so much that you'd have to have dynamic pricing. I haven't seen anything in recent memory that doesn't use dynamic pricing. Many sellers say something like "this Bitcoin quote is good for X minutes". And the payment URL doesn't work if it's expired.

josinalvo 7y ago
>> It's too slow >In my recent experience, payments confirm ~5 times within an hour or so. Really not fast enought for the camgirl/camboy use case
- hombre_fatal 7y ago
  Why would they need 5 confirmations?
  - mirimir 7y ago
    Right. Many VPN providers issue connection credentials with zero confirmations. Because reversal is nontrivial enough that it's worth the risk. So I guess that it'd be the same for camboys/camgirls.
    - josinalvo 7y ago
      > nontrivial enough not sure I understand... did you mean trivial enough?
      - mirimir 7y ago
        I did mean "nontrivial enough". That is, hard enough. I mean, I've used Bitcoin since the start, and I don't know how to reverse transactions. I don't believe that it's easy, even in full clients.
  - josinalvo 7y ago
    I assumed 5 times in an hour meant once every 12 minutes. But I admit I dont know enough about the network to understand if that even makes sense