Friday, January 12, 2018

Miami Bitcoin Conference Stops Accepting Bitcoin

Next week the popular e-currency event, The North American Bitcoin Conference will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and congestion, reports

“Due to network congestion and manual processing, we have closed ticket payments using Cryptocurrencies — Hopefully, next year there will be more unity in the community about scaling and global adoption becomes reality,” explains the TNABC ticketing page.




  1. Can someone knowledgeable enough about BTC explain how fees can be so high at this stage? How do they expect that the fees would be lower when MORE transaction need to be confirmed by miners?

    Is this because HW+energy needed for mining BTCs and confirming transactions (that is actually done in one operation isn’t it?) is so expensive? Then wouldn’t fees be even higher when there are no more BTCs to mine, because one way of income for miners would fall away..?

  2. The more anti-bitcoin shilling Wenzel does, the more of a fool he looks like. Just like the perma gold bug Schiff and his idiotic pronouncements. These dinosaurs don't know jack shit about Bitcoin. Reading an 8th grader book like MES or Human action will maybe make you smarter than an 8th grader, but doesn't make you a genius with a crystal ball. The people who developed bitcoin are ten times more intelligent than these dumbos. Only a Dumbertarian will think that the brilliant geniuses who created Bitcoin never stopped to consider the obvious, idiotic question "what if the gubmnt bans it?".