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A comment on Bitcoin Blows Past $9,000. Parent comment

Re:Bitcoin Blows Past $9,000 by mattm on Sunday November 26, 2017 @10:39PM (#15784632)
Even at that amount it's not really worth it. I paid with Bitcoin for a $70 purchase the other day and paid $2.50 in fees. I won't do that again. Compare that to the past when my fees would be less than a penny and not worth worrying about.

As for lightning network, let's wait and see once it's actually completed. Can Bitcoin afford to wait that long? The core developers are taking an awfully big risk when Bitcoin cash had shown that bigger blocks are not an issue.

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Re:Bitcoin Blows Past $9,000 by thisacctforreal on Monday November 27, 2017 @12:09AM (#15784998)
With Stripe it would have cost $2.33, at 2.9% + $0.30
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Re:Bitcoin Blows Past $9,000 by charlesdm on Monday November 27, 2017 @06:05AM (#15786451)
Though it wouldn't have taken hours, potentially up to a day, to complete the transaction.
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Re:Bitcoin Blows Past $9,000 by wyager on Monday November 27, 2017 @02:50PM (#15790545)
It takes 90-180 days for a credit card transaction to clear, while it takes a bitcoin transaction ~10 minutes. You’re comparing the wrong thing. Retailers typically just eat the CC chargeback fraud costs, while bitcoin stores don’t (because the transaction clears pretty fast anyway).
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