Bitcoin just passed $5,000

Re:Bitcoin just passed $5,000 by singularity2001 on Thursday October 12, 2017 @03:32PM (#15460632)

"making it a great fit for micropayments" except that you currently have to pay about $4 for any transaction to come through ... eventually

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Re:Bitcoin just passed $5,000 by virtuexru on Thursday October 12, 2017 @04:13PM (#15460941)

Absolutely not true. I paid $0.40 cents on a $5.00 transaction yesterday that was confirmed within an hour. I could've easily paid the same $0.40 cents to move $50,000,000.00.

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Re:Bitcoin just passed $5,000 by 6nf on Thursday October 12, 2017 @10:04PM (#15462798)

> $0.40 cents on a $5.00 transaction

Visa or Mastercard is cheaper than that

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Re:Bitcoin just passed $5,000 by monort on Friday October 13, 2017 @08:54AM (#15465130)

Actually it is in the same ballpark. 2.9% + 30¢ is a usual price in US for a small business.

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Re:Bitcoin just passed $5,000 by nrhk on Thursday October 12, 2017 @04:56PM (#15461266)

Yea let me transfer money to another account through ACH....

3 day....

Let me transfer it with Eth or BTC...

1 hour or 40 seconds later...

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Re:Bitcoin just passed $5,000 by prostoalex on Friday October 13, 2017 @12:39AM (#15463318)

ACH vs BTC is a strawman battle that glosses over Paypal, Venmo, Square Cash, Facebook Messenger Payments, Zello, AliPay, and a few dozen others.

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Re:Bitcoin just passed $5,000 by glitchdigger on Tuesday October 17, 2017 @07:31AM (#15490095)

bitcoin won't censor or freeze your transactions tho.

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