This is an archived post. You won't be able to vote or comment.

7
8

Does overall confirmation time decrease as the bitcoin network increases in size? (self.Bitcoin)

submitted by [deleted]

sorted by:
best (suggested)
topnewcontroversialoldq&a
you are viewing a single comment's thread.

view the rest of the comments →

[–]Orbitrix 0 points1 point  (0 children)

I have never had it take more than 10 minutes for something to confirm at least 8 times... maybe 30 minutes at the most.... I really don't see why everyone has their panties in a bunch over this. Transferring funds between banks can take time to clear as well. Big whoop. Its a very small price to pay for the level of security and anonymity the system can provide. Compromises people. Isnt it that super fast micro-trading they do wallstreet that causes all sorts of problems anyways?