So the OP was fighting a strawman. Like I said, nobody out in the real world believes in pure waterfall anymore. Everyone knows that, realistically, a completely up-front requirements process doesn't do enough.
But the quote agile unquote response is every bit as reactionary, and does happen out in the real world... "You guys start writing code, I'll go get the requirements". Writing code is expensive, even in agile process. Just because you're doing two week iterations or continuous delivery doesn't mean you no longer waste time and effort on dead ends. You're just dying by a thousand cuts.
Turning to user reactions to working code as the only requirements-gathering mechanism is stupid. Stupid. It ignores a ton of requirements issues that are not only complex, but dangerous to screw up - financial behavior, SOX and HIPAA compliance and other regulatory issues, and more. A mistake in initial implementation can cost millions of dollars, company reputation, and worse.
And again, what the OP is proposing here is not agile. Just because you're tossing code over the wall in short sprints doesn't mean you're agile. Agile means catching potential problems as early as possible in the process. Catching problems with requirements is almost always going to be cheaper than catching them by writing code and finding out that the code is wrong.
Agile requirements gathering is a thing, yo.