I just sent some ETH out to an address and it literally took 2 minutes to get there.
this is how you can tell no one is buying or using crypto right now.
In december and january shit took AGES to send. hours, some even days.
I mean... wadddamigunnadooo?
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nah, you just fucked up your gas prices
i've never had an eth transaction take more than a few minutes unless i chose to underprice it
Nigger, when you send from an exchange, you have NO FUCKING CHOICE
I also remember the days when the Ethereum network was congested. You literally could not get your ETH or token out of an exchange.
>transaction confirmed in 30 secs at 2 gwei
exactly. thats what im a talkin a boot
Take a look at this website blocktivity.info
Back in december-january, ETH was getting hammered with more than 1.1 MM daily transactions. Same for BTC, which was getting over 300k.
Usage dropped more than 50%. Price more than 70%.
Which should tell you that right now ETH is underpriced.
Alright I'll drop a few thousand dollars into STEEM then
centralized chains like bitshares, steem, and soon eos don't count though. their chains have been designed entirely for very expensive servers to run, not for end users, so they don't have to consider scalability.
Unironically, this is what a lot of payment processors have to deal with everyday.
>buy clicks pay
>sends btc/eth/alt
>refreshes page, exchange says its sent
>merchant says it hasnt received
>REEEEEEE
>emails in merchant and posts online about being scammed
>payment goes through
>oh lol, im not dumb, the merchant should have told me! hehehe
>oh what, merchant says i didnt pay full amount because i didnt factor in tx fee
>REEEEE
What about vechain
How centralised is that compared to say eos or neo
remember cryptokitties? it was basically a stresstest
and dont even remind me about cashies spamming low fee transactions constantly just to fill the mempool up
>it literally took 2 minutes to get there.
>blistering
VISA does this is microseconds cryptofaggits
VISA doesnt confirm transactions by hundreds of thousands of miners all around the world and maintains a public record of all transaction accessible by anyone at any time
So? Why do I need all that shit if I'm trying to buy something?
I have a Visa and can confirm that it takes literal days for funds to actually transfer out of my account to the payee. Pendings don't count.
with VISA you dont actually have the money.
Herp I don't understand what decentralization will bring to the table. Derp
when you do your visa at the 'checkout' that's just an authorisation and the clearing takes like 3 working days
You should test it with VIA. Not joking.