Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: mrcash02 on April 28, 2017, 05:47:57 PM



Title: What Is The Best Moment To Make A Transaction?
Post by: mrcash02 on April 28, 2017, 05:47:57 PM
As there are thousands of unconfirmed transactions and it's taking too much time to finish at this moment, what is the best hour of the day to make a transaction, when the traffic is lower and the necessary fees to complete a transaction in few hours is low?


Title: Re: What Is The Best Moment To Make A Transaction?
Post by: Userperson321 on April 29, 2017, 03:25:12 AM
Considering bitcoin is global, I'm sorry but I don't think there is one. The sun never sets on the bitcoin empire :)


Title: Re: What Is The Best Moment To Make A Transaction?
Post by: zeze18 on April 29, 2017, 04:57:19 AM
As there are thousands of unconfirmed transactions and it's taking too much time to finish at this moment, what is the best hour of the day to make a transaction, when the traffic is lower and the necessary fees to complete a transaction in few hours is low?


I think there is no best moment effect for bitcoin transactions, but of course the transaction fee you need to prioritize if using a higher fee there is the possibility of miners to prioritize your transactions


Title: Re: What Is The Best Moment To Make A Transaction?
Post by: veleten on April 30, 2017, 02:00:22 AM
the best moment to make a transaction is when you have money  ;D
on a serious note,no there is no certain "best moment" to make a transaction,although you
can check the charts of the mempool load and unconfirmed tranasactions total,the best time would be once the blockchain is unclogged
but this is not happening recently,so to answer your question-the sooner you send the transaction out,the faster it will be confirmed (do not forget to add relevant fees,which is the most important part in speeding the process up)


Title: Re: What Is The Best Moment To Make A Transaction?
Post by: carlfebz2 on April 30, 2017, 05:45:08 AM
As there are thousands of unconfirmed transactions and it's taking too much time to finish at this moment, what is the best hour of the day to make a transaction, when the traffic is lower and the necessary fees to complete a transaction in few hours is low?
Question cant be answered since theres no best moment to make a transaction because the network is always busy.If you don't want long confirmation of transactions then you must be willing to set up higher fees if you don't want the hassle of waiting.Ive asked this question on my mind too but until now I cant still figure it out that's why I don't really care at all.If I'm in a hurry then pay more fees but if not then just on average,as simple as that.