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c/cryptopay·posted 1 year ago by u/zeynep_villalobos

USDC — my 23-week log, condensed into one table

PSA The Quiet One ×4 Slow Clap ×3

Genuinely asking, not being difficult.

Everyone in c/darkspot repeats that confirmations is important. I believe it, but I have never seen anyone show why, and when I search I get 14 threads of people agreeing with each other.

Is there a paper? Is there a measurement? Or is this one of those things that is true because it has been repeated since 2023?

I am not trying to be the "source?" guy. I would just like a source.

2,047 up / 689 down75% upvoted45 commentsid 1dvmw326 Dec 2024

45 comments

6 in this archive, depth 4

best — the order this archive was captured in

u/anders_vermeulen228 points·1 year ago

The discount was 97.9% but gas ate half of it. Still worth it but the math matters.

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u/search_before_post181 points·1 year ago

This is correct. Gas fees are real costs.

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u/nabila_bakken126 points·1 year ago

No. This is the kind of confident post that gets copied into a screenshot and repeated for years. Where is the evidence.

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u/the_poster_in_question_202688 points·1 year ago

no group-buy recruitment, discussing how they fail is fine

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u/reverse_image_ron61 points·1 year ago

confirmations are gas fees, the exchange rate at 7 blocks is the deal

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u/teodor_jansen143 points·1 year ago·edited

Group buy used escrow. 20 people, 35 shipped without drama. Escrow is the insurance.

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Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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