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Bitcoin => Bitcoin Discussion => Topic started by: UCHCHILD on October 26, 2017, 05:56:31 AM



Title: Bitcoin Delay?
Post by: UCHCHILD on October 26, 2017, 05:56:31 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.


Title: Re: Bitcoin Delay?
Post by: mocacinno on October 26, 2017, 05:58:47 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

A transaction is alway broadcasted in a matter of seconds... It's possible the transaction remains unconfirmed for a while if the sender cheaped out on the fees.

At this moment, the recommanded fee to have a 95% chance of getting into the next 3 blocks is 110 sat/byte. This is still reasonable. It has been lower, but it certainly has been higher: https://bitcoinfees.21.co/

In other words: the people making excuses saying that there is a transaction delay are not telling the truth... If they need to fund one of your addresses, they can do so in a matter of seconds, and if they didn't cheap out on the fee, their transactions will be confirmed in less than 30 minutes (on average).


Title: Re: Bitcoin Delay?
Post by: sangtuosimino on October 26, 2017, 06:03:23 AM
I didn't feel any delay. But yesterday, when I went to the exchange to buy bitcoin, I told you that there were hard forks, and the system was unstable. Don't let me extract bitcoin. What a hell of a thing :-X


Title: Re: Bitcoin Delay?
Post by: no0dlepunk on October 26, 2017, 06:28:14 AM
Hmmm. don't you think that it depends on the selected fee? In coins.ph the higher the fee, the faster the transactions. I don't know how that works in your country.


Title: Re: Bitcoin Delay?
Post by: mocacinno on October 26, 2017, 06:30:32 AM
Hmmm. don't you think that it depends on the selected fee? In coins.ph the higher the fee, the faster the transactions. I don't know how that works in your country.

Bitcoin isn't bound by country borders... A transaction is always broadcasted troughout the network of nodes in a matter of seconds (unless there is something wrong with the transaction, like double spent inputs, dust outputs, a fee that is so low the tx gets rejected by some nodes,...). Wether or not the broadcasted transaction ends up in a block in a  reasonable timeframe depends on the fee.


Title: Re: Bitcoin Delay?
Post by: arthotdog on October 26, 2017, 06:54:02 AM
Hmmm. don't you think that it depends on the selected fee? In coins.ph the higher the fee, the faster the transactions. I don't know how that works in your country.

Bitcoin isn't bound by country borders... A transaction is always broadcasted troughout the network of nodes in a matter of seconds (unless there is something wrong with the transaction, like double spent inputs, dust outputs, a fee that is so low the tx gets rejected by some nodes,...). Wether or not the broadcasted transaction ends up in a block in a  reasonable timeframe depends on the fee.
yeah, its true..but i think this respondent talking about the sender and reciever of bitcoin convertion to specific individual.sometimes its on the recievers information that makingvthe transaction delayed,always check every single details of the recipient before sending.


Title: Re: Bitcoin Delay?
Post by: honeyb0y on October 26, 2017, 07:37:42 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

There was a delay because of the huge number of transactions before the fork. And if they chose to pay less for the transaction fees.


Title: Re: Bitcoin Delay?
Post by: audaciousbeing on October 26, 2017, 07:58:20 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

If this is anything to go by, I haven't witnessed any of such in recent times and even when I carried out a transaction with a ridiculous fee, it confirmed in due time which means with the right fee, in a matter of minutes to few hours, you should get your payment.

However, due to the recent fork and the ongoing technicalities attached with it, it could lead to it but this has not been confirmed as several wallet and service providers didn't release any statement to that effect that it could cause any disruption in their blockchain network as such. But you need to also be weary of individuals who would want to use the opportunity to give them more room for scam purpose.


Title: Re: Bitcoin Delay?
Post by: polymerbatt on October 26, 2017, 08:25:38 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

Are you talking about the confirmation ? If you pay more fee on your transaction, you will get more faster confirmation. So it's depend on your fee, actually you can use some txid accelerator though or you can simply visit service section and find a thread that can accelerator your tx.


Title: Re: Bitcoin Delay?
Post by: SUDARMONO on October 26, 2017, 08:30:17 AM
 often make transactions but I have never experienced a delay, maybe it's an issue for a bitcoin transaction for bitcoin users to experience a bit of panic, or maybe there is a system interruption, but until now I have never experienced it.


Title: Re: Bitcoin Delay?
Post by: mocacinno on October 26, 2017, 08:32:33 AM
often make transactions but I have never experienced a delay, maybe it's an issue for a bitcoin transaction for bitcoin users to experience a bit of panic, or maybe there is a system interruption, but until now I have never experienced it.

Bitcoin is decentralised... There are no system interruptions.
If a node goes down, it doesn't matter, dozens of other people are still running full nodes
If a miner goes down, even a big one, worst case scenario there is a 10% hashrate drop, so it the average time between two blocks would be 660 seconds instead of 600 seconds untill the next diff retarget.


Title: Re: Bitcoin Delay?
Post by: Almat on October 26, 2017, 08:32:58 AM
If they're making excuses, ask for the transaction id and check their fee. If they went really low, then it's their fault. If they paid a reasonable amount, then you know they're telling the truth. It's that simple.


Title: Re: Bitcoin Delay?
Post by: YuginKadoya on October 26, 2017, 08:43:56 AM
If they're making excuses, ask for the transaction id and check their fee. If they went really low, then it's their fault. If they paid a reasonable amount, then you know they're telling the truth. It's that simple.

Yup! I think checking these kind of matter to be really sure if they are really saying the truth not that you didn't trust them but to be aware and check if they really did, and if they did not give this information I think this is very suspicious in their part, and any ways bitcoin transaction would always have this kind of ups and downs sometimes because of cheap fees that a transaction have, and providing with the much fees would surely increase the rate of transaction speed,


Title: Re: Bitcoin Delay?
Post by: mamesso on October 26, 2017, 12:13:00 PM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

Are you talking about the confirmation ? If you pay more fee on your transaction, you will get more faster confirmation. So it's depend on your fee, actually you can use some txid accelerator though or you can simply visit service section and find a thread that can accelerator your tx.
Perhaps this is related to the BTG issue, all exchanges stop the deposit process.
but I do not know for sure. this is just a guess.
hopefully this case does not happen to other traders.


Title: Re: Bitcoin Delay?
Post by: iamzill on October 26, 2017, 01:52:16 PM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.
chances are there is a delay in bitcoin transactions i think for my delay is less so understood but the most important keep condition


Title: Re: Bitcoin Delay?
Post by: argiyan.tri on October 26, 2017, 02:04:37 PM
hello guys..

right, I just experienced it, one of my transactions is pending and the status is always unconfirmed. and I waited for that long enough until my transaction was confirmed. thanks


Title: Re: Bitcoin Delay?
Post by: Xavofat on October 26, 2017, 03:15:55 PM
In coins.ph the higher the fee, the faster the transactions.
While the transaction itself is broadcasted and seen very quickly once it happens, you need to actually send it.

If I understand correctly, coins.ph is a mobile interface to an online wallet in which you do not have control of your private keys - in which case you have to trust coins.ph to send the transaction.  It could be that the delay is in how long it takes coins.ph to send the transaction so that you can see it.

There have been some transaction delays in Coinbase and occasionally other similar services.  Even if the BTC network can handle it fine, there's no guarantee that a centralised service will choose to do what you want it to.


Title: Re: Bitcoin Delay?
Post by: mocacinno on October 27, 2017, 07:16:38 AM
In coins.ph the higher the fee, the faster the transactions.
While the transaction itself is broadcasted and seen very quickly once it happens, you need to actually send it.

If I understand correctly, coins.ph is a mobile interface to an online wallet in which you do not have control of your private keys - in which case you have to trust coins.ph to send the transaction.  It could be that the delay is in how long it takes coins.ph to send the transaction so that you can see it.

There have been some transaction delays in Coinbase and occasionally other similar services.  Even if the BTC network can handle it fine, there's no guarantee that a centralised service will choose to do what you want it to.

You are correct, i didn't think about the aspect of a centralised system having to broadcast the transaction. But in this case, there still isn't a transaction delay, it's just a crappy centralised online wallet.
The person that had to pay the OP had a choice of using a decent desktop or hardware wallet, if he chose to use a centralised system, he cannot pass the blame to the bitcoin network. He either has to switch wallets, or he has to take it up with his online wallet provider. He cannot tell the OP he's not receiving his tx because there is a delay. (in my opinion).


Title: Re: Bitcoin Delay?
Post by: mdripon on October 27, 2017, 08:58:14 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

bitcoin not delay, however it depends on the selected fee. if sender pay bitcoin and if receiver immediat receive not get you have understand that  it is late to pay the fee.


Title: Re: Bitcoin Delay?
Post by: kpcian on October 27, 2017, 10:14:16 AM
I Don't think so...
Bitcoin is a virtual money that makes people's transaction easier and less expensive. this is the most rapid system and profitable platform. if Sometimes it happens then doesn't mean that it works always as like this. But I never witnessed such type of delaying situation.
Bitcoin always gives a massive profit with a rapid service so that type of blame doesn't suit to Bitcoin.





Title: Re: Bitcoin Delay?
Post by: Carmen01 on October 27, 2017, 11:56:08 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.
yes i experience that also but i think this is gonna be fine i also try to exchange in the other day but my friends say that is not ok in the previous days so better to wait until the delay will become ok in other day i use blockchain and coinpot for transaction try it also because i never been experience a delay but i experience delay in mercatox and poloniex


Title: Re: Bitcoin Delay?
Post by: peterthegreat on October 27, 2017, 12:50:44 PM
If there is a delay on the Bitcoin network it is either because the mempool is getting flooded by unspent txns and you are using the wrong wallet with the correct dynamic fee structure features.


Title: Re: Bitcoin Delay?
Post by: M05J on October 27, 2017, 01:55:17 PM
There is always a delay in Bitcoin transactions. That's the system of mining.

Hmmm. Maybe theres a problem with your exchange platform. Send the admins a message


Title: Re: Bitcoin Delay?
Post by: novhitadaloma on October 28, 2017, 01:58:25 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.
I think Bitcoin is a gital currency and the transaction is very easy and fast, maybe in your country is different from my country.


Title: Re: Bitcoin Delay?
Post by: mocacinno on October 30, 2017, 08:39:09 AM
There is always a delay in Bitcoin transactions. That's the system of mining.

Hmmm. Maybe theres a problem with your exchange platform. Send the admins a message

You're getting confused about the core concepts of bitcoin. A transaction is generated by a wallet and broadcasted to the network. If the transaction was valid, and "clean" (for a lack of better wording: basically, if it doesn't generate dust outputs, if it's inputs are found in the UTXO set, if the fee is decent,...), it will be broadcasted to +95% of the nodes in a matter of a couple of seconds.
At this point, the transaction will remain in the node's mempool untill it's put in a valid block, or it's dropped from the mempool, or it's cancelled (in case a transaction using the same unspent outputs is confirmed). But basically, if you have a "normal" transaction, it will be broadcasted to most of the network's nodes in a couple of seconds.

A valid transaction doesn't have to be included in a block in order to be valid.

The only thing that can happen to cause a "delay" is when your wallet (or wallet provider) doesn't broadcast your transaction immediately.


Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.
I think Bitcoin is a gital currency and the transaction is very easy and fast, maybe in your country is different from my country.

If said it before, in this very thread, and i'll say it again: bitcoin is not bound by a country's borders.


Title: Re: Bitcoin Delay?
Post by: ClvrGmr on October 30, 2017, 09:07:38 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.
I think Bitcoin is a gital currency and the transaction is very easy and fast, maybe in your country is different from my country.

Don't confuse yourself. Bitcoin is a digital currency and it is used by many people because it is not affected by government rules and regulations. In short because it is so fast that you can receive something within a minute is the one of the reasons why it is used globally.


Title: Re: Bitcoin Delay?
Post by: Yaunfitda on October 30, 2017, 09:24:55 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

The only delay that I can think of is that if the sender pay's small fees and no miners is picking that transaction. Actually I have experience it 2 days ago, however, I was stupid to put small fees because I thought that the mempool is ok. Also there's some thread that says that the difficulty has increased to 21% maybe this contribute to somewhat a delay that you and me experienced.


Title: Re: Bitcoin Delay?
Post by: JL421 on October 30, 2017, 04:36:26 PM
I haven't faced any delays i use coinbase and normally all transactions sent by them gets confirmed in 20 min this might be because of the wallet or exchange you are using if you use the correct maybe it's the wallet who is screwing up for you it's better if you switch so that you don't face any delays


Title: Re: Bitcoin Delay?
Post by: HasHe on October 30, 2017, 04:54:39 PM
If they're making excuses, ask for the transaction id and check their fee. If they went really low, then it's their fault. If they paid a reasonable amount, then you know they're telling the truth. It's that simple.
Also ask them to accelerate their transaction id in services which are freely providing accelerating services in this forum in services section.If they don't do,just ask them the transaction id and ask it to be accelerated in such services by yourself.By this way,either your transaction would get confirmed soon or else,you would know that they are just lying.That's it.