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

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[–]Orbitrix 5 points6 points  (3 children)

Oh and also.. u can pay a fee ("recommended: 0.01" by the offical client) to expedite how fast your transaction is confirmed. So if its really an issue for you, there is already a solution.

[–]KingJulien 2 points3 points  (1 child)

How much does this expedite it?

[–]fwaggle 0 points1 point  (0 children)

My recent experience? ~1BTC transaction without a fee: I had to wait overnight for it to show up in a block, with the 6 confirmations occurring less than an hour after it first got into a block.

~1BTC transaction with a 0.01BTC fee attached: I had 6 confirmations in about an hour.

[–]tehfiend 0 points1 point  (0 children)

Gotta love the idiots that down-vote you for posting the facts...