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Title: BCC transaction? Post by: bikerleszno on August 03, 2017, 08:48:26 PM Hello,
I sent my BCC from one exchange to second. It was few hours ago. My transaction is still not confirmed. LINK : https://blockchair.com/bitcoin-cash/transaction/8f3777407f55de5d9020f7c43befc2950d37e93164785d840f5bfa63e2c33a42 How long should I wait for confirmations? Title: Re: BCC transaction? Post by: dadach on August 03, 2017, 08:51:24 PM Which exchange takes deposits from wallets so far?
Title: Re: BCC transaction? Post by: bikerleszno on August 03, 2017, 08:52:26 PM I think it doesnt matter... i am just asking how long should it take?
Is it normal ? Please check my transaction url link Title: Re: BCC transaction? Post by: wealthfare on August 03, 2017, 08:55:38 PM I don't think there is enough mining power to process the blocks which will keep transactions backlogged for a long time. https://cash.coin.dance/blocks The last block that was completed was 4 hours ago.
Title: Re: BCC transaction? Post by: darkangel11 on August 03, 2017, 08:56:50 PM It's all fine. Your fee of 0.0005 per kb is too low to be confirmed in the first block. I have a transaction with a fee of 0.002 pending for over an hour. This network is just that slow with 1 block per hour on the average. Patience! ;D
Title: Re: BCC transaction? Post by: whaawh on August 03, 2017, 09:04:29 PM It's all fine. Your fee of 0.0005 per kb is too low to be confirmed in the first block. I have a transaction with a fee of 0.002 pending for over an hour. This network is just that slow with 1 block per hour on the average. Patience! ;D But do you think this situation will change with time? After all, if there are blocks like this we are slow, then once we can get a failure. And this will inevitably lead to loss.Title: Re: BCC transaction? Post by: Clement Kaliyar on August 03, 2017, 09:06:19 PM It will take almost a week to adjust the network difficulty and start seeing faster transactions ,until then you have to wait a long time to get the transactions done,the team has already notified about the delay in the beginning and so i am waiting for that to be settled before making my move as i do not want to risk my coins.
Title: Re: BCC transaction? Post by: darkangel11 on August 03, 2017, 09:08:23 PM I don't think there is enough mining power to process the blocks which will keep transactions backlogged for a long time. https://cash.coin.dance/blocks The last block that was completed was 4 hours ago. Nobody is mining because the price is too low compared to difficulty. It's not worth it.The sluggishness of this coin is probably the only reason why it's still trading relatively high on some exchanges. The coins are having trouble getting to their destination ;) It's all fine. Your fee of 0.0005 per kb is too low to be confirmed in the first block. I have a transaction with a fee of 0.002 pending for over an hour. This network is just that slow with 1 block per hour on the average. Patience! ;D But do you think this situation will change with time? After all, if there are blocks like this we are slow, then once we can get a failure. And this will inevitably lead to loss.Nobody can know that. The value would have to increase for people to start mining it and as a result decrease confirmation time. Title: Re: BCC transaction? Post by: bikerleszno on August 03, 2017, 09:17:12 PM I don't think there is enough mining power to process the blocks which will keep transactions backlogged for a long time. https://cash.coin.dance/blocks The last block that was completed was 4 hours ago. Nobody is mining because the price is too low compared to difficulty. It's not worth it.The sluggishness of this coin is probably the only reason why it's still trading relatively high on some exchanges. The coins are having trouble getting to their destination ;) It's all fine. Your fee of 0.0005 per kb is too low to be confirmed in the first block. I have a transaction with a fee of 0.002 pending for over an hour. This network is just that slow with 1 block per hour on the average. Patience! ;D But do you think this situation will change with time? After all, if there are blocks like this we are slow, then once we can get a failure. And this will inevitably lead to loss.Nobody can know that. The value would have to increase for people to start mining it and as a result decrease confirmation time. So it will propably grow value if now it is not good to mine. I think it will be 1:1 with BTC or very close to that. Title: Re: BCC transaction? Post by: darkangel11 on August 03, 2017, 09:22:39 PM So it will propably grow value if now it is not good to mine. I think it will be 1:1 with BTC or very close to that. The difficulty could decrease too, but if the value stays at below 0.2BTC it's going to slowly lose popularity among users and miners and become even cheaper. Good news for you OP, a new block has just been mined and your transaction was included. Mine too :) |