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Bitcoin => Bitcoin Discussion => Topic started by: dreamer81 on November 22, 2016, 09:57:45 AM



Title: Transaction queue size
Post by: dreamer81 on November 22, 2016, 09:57:45 AM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.
I have a transaction waiting for over 16 hours now. It has a fee, so am I guarenteed that it will be confirmed?

view the queue length here
https://blockchain.info/unconfirmed-transactions


Title: Re: Transaction queue size
Post by: kiklo on November 22, 2016, 10:10:55 AM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.
I have a transaction waiting for over 16 hours now. It has a fee, so am I guaranteed that it will be confirmed?

view the queue length here
https://blockchain.info/unconfirmed-transactions


A lot of people say a fee confirms it, but to be honest I think it is dependent on the Miners whether they accept the fee or not.

16 hours is beyond ridiculous.  Bitcrap is living up to its name.   :P


 8)


Title: Re: Transaction queue size
Post by: SFR10 on November 22, 2016, 10:37:35 AM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.
I have a transaction waiting for over 16 hours now. It has a fee, so am I guarenteed that it will be confirmed?
I don't think there's an specific amount of transactions in queue to be considered normal but as of late, it's usually around the 30k mark. Usually the fee gives the assurance of receiving the confirmations later on but judging by your situation (16 hrs and counting), it seems you've used a fee lower than recommended and that's why it doesn't have a confirmation yet. Would you mind posting the transaction link?


Title: Re: Transaction queue size
Post by: kiklo on November 22, 2016, 10:48:05 AM
Used the Internet archive
https://web.archive.org/web/*/https://blockchain.info/unconfirmed-transactions

Looks like it was normally between 4000 & 8000 Transactions in the queue for OCT & NOV, until this Spike happen


 8)

FYI:
4000 transaction would take an average of 2 blocks to clear
8000 transaction would take an average of 4 blocks to clear
30,000 transactions will take an average of ~12 blocks or ~2 hours to clear , if no other transactions are added.
Since the top post complained of 16 hours delay, it looks like Bitcrap transactions is being stress tested and failing.

FYI2:
Just to show how outdated BTC is,
ZEIT can handle 20X the transactions as BTC in 10 minutes.
30 Second Block Speed .  ;)


Title: Re: Transaction queue size
Post by: ~Bitcoin~ on November 22, 2016, 11:13:55 AM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.
There is no any fixed amount of bitcoin transaction that will be in queue, it keep on changing but over time total unconfirmed transaction is increasing due to lots of transaction with less than recommended fee.

I have a transaction waiting for over 16 hours now. It has a fee, so am I guarenteed that it will be confirmed?
You better post your transaction id so that we can give proper estimation of the time by when it will get confirmation. In the meanwhile check recommended fee here https://bitcoinfees.21.co/ based on your total transaction size.


Title: Re: Transaction queue size
Post by: hv_ on November 22, 2016, 12:34:12 PM
I wonder how Andreas Antonopoulus is able to make his live only by bitcoin / dependant on trx and fee guessings?

I really wish all those politicians and fear mongers, unable to provide a community-unifying compromis (= consensus), should really try the same - put your lives on bitcoin trx - exclusively!

So with this we might see some real good consensus sofware coming out of devs work.

And no this is not spam - the threshold defines ALL to be spam, but not the elite.


Title: Re: Transaction queue size
Post by: BTCLovingDude on November 22, 2016, 01:01:04 PM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.
I have a transaction waiting for over 16 hours now. It has a fee, so am I guarenteed that it will be confirmed?

view the queue length here
https://blockchain.info/unconfirmed-transactions

the so called "normal" number of unconfirmed transactions are usually about 2000 to 5000, you can see the history of it here: https://blockchain.info/charts/mempool-count?timespan=60days

and it usually goes up when there is a gap in the finding of blocks, or there is an increased number of activity that day like when people are trading more (more transactions)


Title: Re: Transaction queue size
Post by: NeuroticFish on November 22, 2016, 01:04:43 PM
What is the normal amount of bitcoins transactions in queue? Currently it is close to 30000 transactions.

The "normal" I used to see / like was 3-5 MB mempool.
But lately there's at least one day every 1-2 weeks when everything gets crowded.
Now the mempool is 32 MB.... See here: https://btc.com/stats/unconfirmed-tx


Title: Re: Transaction queue size
Post by: dreamer81 on November 22, 2016, 02:02:49 PM
the transaction is here

https://blockchain.info/tx/9e8a1556766430300c99dcfd961672f4b2c099c5c428340d44650fc8c44e6d38


it says it's high priority, and very soon. It's been like that for many hours now (18+)


Title: Re: Transaction queue size
Post by: Jhanzo on November 22, 2016, 02:06:48 PM
the transaction is here

https://blockchain.info/tx/9e8a1556766430300c99dcfd961672f4b2c099c5c428340d44650fc8c44e6d38


it says it's high priority, and very soon. It's been like that for many hours now (18+)

Your fee of 65 satoshi per byte isn't so bad.  But the reason why it's still unconfirmed is the unconfirmed input transaction (https://blockchain.info/tx/34ec67c5b4500190f62de88f8f8e59105722aba76b23a26f97af4e4285207f2b) from luckybit which is using only 27 satoshi per byte fee, you have to wait for that transaction to confirm before your transaction can get confirmed.


Title: Re: Transaction queue size
Post by: Meuh6879 on November 22, 2016, 03:27:51 PM
http://imagizer.imageshack.us/a/img924/8402/QnR39V.gif more than 55555 unconfirmed ... transactions.

http://imagizer.imageshack.us/a/img924/3386/2BUbl8.png

http://imagizer.imageshack.us/a/img924/8307/pAoaEL.png


Title: Re: Transaction queue size
Post by: Senor.Bla on November 22, 2016, 03:40:23 PM
i have seen shorter and longer queues, but 16 hours is a pain. some say to pay more fees, but this drives the fees to a point where bitcoin will not be attractive anymore. and if i just get a confirmation because i paid more, then there is someone who paid less. still 2 transactions must be processed. bitcoin will need a solution to the problem that the maximum amount of transactions per second is so low right now. ultimately this could decide over the faith of bitcoin.


Title: Re: Transaction queue size
Post by: 0xfff on November 22, 2016, 03:49:17 PM
We need faster blocks or larger blocks. Having this many unconfirmed transactions is not healthy. Forcing people to pay high fees will not make bitcoin more popular among the average joe. Dont drive away potential users!


Title: Re: Transaction queue size
Post by: Meuh6879 on November 22, 2016, 03:52:04 PM
bitcoin will need a solution to the problem that the maximum amount of transactions per second.



vote segwit : http://bitcoin.sipa.be/versions.html

http://imagizer.imageshack.us/a/img923/6109/WPPfqm.jpg


Title: Re: Transaction queue size
Post by: xdrpx on November 22, 2016, 04:02:41 PM
One of my transactions has been in queue for about 8 hours + and has "very high" priority as per blockchain.info's tx viewer. Seems like there are a lot of unconfirmed transactions in the growing memory pool. Honestly, we need SegWit to be activated as soon as possible or possibly a hard fork if the miners are not willing to agree to SegWit. I don't know if there are any other possible soft fork viable methods to increase the blocksize limit so that more transactions can be handled quicker.


Title: Re: Transaction queue size
Post by: calkob on November 22, 2016, 04:15:01 PM
unconfirmed transactions is just climbing now, over 50000... whats the crack ?  ???


Title: Re: Transaction queue size
Post by: Kprawn on November 22, 2016, 04:26:22 PM
I wonder how Andreas Antonopoulus is able to make his live only by bitcoin / dependant on trx and fee guessings?

I really wish all those politicians and fear mongers, unable to provide a community-unifying compromis (= consensus), should really try the same - put your lives on bitcoin trx - exclusively!

So with this we might see some real good consensus sofware coming out of devs work.

And no this is not spam - the threshold defines ALL to be spam, but not the elite.


There is no fee quessing, if you use the correct tools to determine the recommended fee -->  here https://bitcoinfees.21.co/ ... I have used

it for a long time, and I have not had any problems with tx's not being confirmed. I just hate it when people come to this forum, complaining

about tx's not confirming, and then they do not post the tx ID for us to see where the problem is. Andreas will cover all his bases and would

not rely on people guessing what the fees must be to pay him, and if and when this happens... he would give them proper advice to rectify

the problem.  ;)


Title: Re: Transaction queue size
Post by: bitkilo on November 22, 2016, 04:47:41 PM
the transaction is here

https://blockchain.info/tx/9e8a1556766430300c99dcfd961672f4b2c099c5c428340d44650fc8c44e6d38


it says it's high priority, and very soon. It's been like that for many hours now (18+)
I got about the same wait time so far, maybe 10hrs for me
Tx: https://blockchain.info/tx/30b9746c7470f5ee94a25bee66a89f6f053ab8404048a17fbb5dcf49beaf1304

Unfortunately this was sent from an online wallet of mine this time so i had no control over the tight ass fee they added.

In this instance there is no use being pissed off at bitcoin, i have sent 3 other transactions after this all with an adjusted fee and all confirmed within about 20min.
Although fees are starting to get a little high at times like these.

Edit: mempool is over 50k transactions and counting, this could take a full day to clear.


Title: Re: Transaction queue size
Post by: hv_ on November 22, 2016, 05:44:37 PM
I wonder how Andreas Antonopoulus is able to make his live only by bitcoin / dependant on trx and fee guessings?

I really wish all those politicians and fear mongers, unable to provide a community-unifying compromis (= consensus), should really try the same - put your lives on bitcoin trx - exclusively!

So with this we might see some real good consensus sofware coming out of devs work.

And no this is not spam - the threshold defines ALL to be spam, but not the elite.


There is no fee quessing, if you use the correct tools to determine the recommended fee -->  here https://bitcoinfees.21.co/ ... I have used

it for a long time, and I have not had any problems with tx's not being confirmed. I just hate it when people come to this forum, complaining

about tx's not confirming, and then they do not post the tx ID for us to see where the problem is. Andreas will cover all his bases and would

not rely on people guessing what the fees must be to pay him, and if and when this happens... he would give them proper advice to rectify

the problem.  ;)

Sorry, but with a community wide consensus there would be no such Problem as you just admitted there IS, artificially created and very obvious to any neutral judges.


Title: Re: Transaction queue size
Post by: hv_ on November 22, 2016, 05:46:40 PM
the transaction is here

https://blockchain.info/tx/9e8a1556766430300c99dcfd961672f4b2c099c5c428340d44650fc8c44e6d38


it says it's high priority, and very soon. It's been like that for many hours now (18+)
I got about the same wait time so far, maybe 10hrs for me
Tx: https://blockchain.info/tx/30b9746c7470f5ee94a25bee66a89f6f053ab8404048a17fbb5dcf49beaf1304

Unfortunately this was sent from an online wallet of mine this time so i had no control over the tight ass fee they added.

In this instance there is no use being pissed off at bitcoin, i have sent 3 other transactions after this all with an adjusted fee and all confirmed within about 20min.
Although fees are starting to get a little high at times like these.

Edit: mempool is over 50k transactions and counting, this could take a full day to clear.

Shit. And it is soooo cheap to do this again and again.... Such a clusterfuck!

Makes it very easy to any attacker to fuck up the network. Any small bitcoin hater is invited to cheer up.


Title: Re: Transaction queue size
Post by: dreamer81 on November 22, 2016, 06:34:00 PM
and I thought bitcoin was smart.

Here I go rambling to my friends and family how smart bitcoin is.... i'm glad they didn't see this coming down. Oh my god this is a mess.

will someone please start their antminer s9's and get this queue verified!


Title: Re: Transaction queue size
Post by: hv_ on November 22, 2016, 07:38:23 PM
and I thought bitcoin was smart.

Here I go rambling to my friends and family how smart bitcoin is.... i'm glad they didn't see this coming down. Oh my god this is a mess.

will someone please start their antminer s9's and get this queue verified!

It was.

About a year ago.

When all (?) agreed that 8 Mb blocks = on chain scaling is ok to buy time for better scaling off and on chain.


Title: Re: Transaction queue size
Post by: shorena on November 22, 2016, 08:09:55 PM

Doubled in under 12 hours.

https://i.imgur.com/CYiuHfF.png

Looks like we get this regularly now (from last month)...

https://i.imgur.com/gTAUM8U.png



https://blockchain.info/tx/9e8a1556766430300c99dcfd961672f4b2c099c5c428340d44650fc8c44e6d38



Tx: https://blockchain.info/tx/30b9746c7470f5ee94a25bee66a89f6f053ab8404048a17fbb5dcf49beaf1304


Title: Re: Transaction queue size
Post by: arcanaaerobics on November 23, 2016, 01:16:43 AM
Last days I saw a lot of unconfirmed transactions, don't know if it's normal...

And a lot of wait time for confirmations, not just for me... Good for miners, more fees...


Title: Re: Transaction queue size
Post by: raphma on November 23, 2016, 01:22:11 AM
fee increasing faster than ever... i've made a transaction paying 60k and 12h later not even one confirmation.
that's not good, i can do the same transaction paying WAY less using any another coin and it will be WAY faster.

I really hope that is just a phase...


Title: Re: Transaction queue size
Post by: Wind_FURY on November 23, 2016, 03:24:16 AM
Used the Internet archive
https://web.archive.org/web/*/https://blockchain.info/unconfirmed-transactions

Looks like it was normally between 4000 & 8000 Transactions in the queue for OCT & NOV, until this Spike happen


 8)

FYI:
4000 transaction would take an average of 2 blocks to clear
8000 transaction would take an average of 4 blocks to clear
30,000 transactions will take an average of ~12 blocks or ~2 hours to clear , if no other transactions are added.
Since the top post complained of 16 hours delay, it looks like Bitcrap transactions is being stress tested and failing.

FYI2:
Just to show how outdated BTC is,
ZEIT can handle 20X the transactions as BTC in 10 minutes.
30 Second Block Speed .  ;)

Oh please. The only reason why you are trying to be negative on Bitcoin is because you want to advertise your altcoin. Let's face it, Zeit will never ever reach the heights Bitcoin has reached.

On the topic of transactions waiting to be confirmed, it is beginning to go down now. But maybe it is time to activate Segwit.


Title: Re: Transaction queue size
Post by: kiklo on November 23, 2016, 03:59:43 AM
Oh please. The only reason why you are trying to be negative on Bitcoin is because you want to advertise your altcoin.
Let's face it, Zeit will never ever reach the heights Bitcoin has reached.

On the topic of transactions waiting to be confirmed, it is beginning to go down now. But maybe it is time to activate Segwit.

Ok,
and the only reason you are positive about Bitcoin , is that you are BTC religious Fanatic, that profits if someone is dumb enough to hold Bitcrap.  8)
Without the deductive skills to determine when another product is better than BTC. (Their are loads of you guys in the BTC forums)
Segwit is a cheap workaround because the Chinese Mining pools blocked all of the proposed updates that would have fixed the transactions issue.

As far as ZEIT , time will tell what heights it will reach not some BTC fanatic that is too blind to see the Chinese hold the power in his false religion of BTC.  ;)

 8)

FYI:
BTC=Better Trust China