Bitcoin:
$0000 - $1000: 1789 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12,000-$13,000: 17 hours
$13,000-$14,000: 3 hours
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...source of that chart is zerohedge.com:
$0000-$1000: 1789 days $1000-$2000: 1271 days $2000-$3000: 23 days $3000-$4000: 62 days $4000-$5000: 61 days $5000-$6000: 8 days $6000-$7000: 13 days $7000-$8000: 14 days $8000-$9000: 9 days $9000-$10000: 2 days $10000-$11000: 1 day $11000-$12000: 6 days $12000-$13000: 17 hours $13000-$14000: 4 hoursSurprisingly, though, Zero Hedge has not reported on the widespread price pump and manipulation going on. They'll pick up on it eventually I expect.
*Could be going on. Conspiracy theories can go wild and become fact all too quickly - lets not give in to that...
true
yea
wait, does that mean a transaction under 1000 USD may take effectively 5 years to process? :D
no, he's talking about how long the price stayed at one value before it changed a lot. It's nothing to do with transaction confirmation times. The most I've ever seen a transaction take was about a month or two, and that was an extreme case where a user sent a totally ridiculously small fee.
Haha okay, glad to hear 😆
Staggering....