Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: eldorboy on December 20, 2017, 09:39:49 AM



Title: My Bitcoin have not still arrive
Post by: eldorboy on December 20, 2017, 09:39:49 AM
Can you tell me why?


Title: Re: My Bitcoin have not still arrive
Post by: Pan Troglodytes on December 20, 2017, 10:14:35 AM
Can you tell me why?

of course I can explain. What fee did you pay? https://bitinfocharts.com/comparison/bitcoin-transactionfees.html sais the average fee is 32 USD.

Currently there are more than 220 000 unconfirmed transactions as reported by blockchain.info. In one block, which happens to be every 10 minutes or so, the miners can fit around 2000-3000 transactions, let's say it is 2200 transactions per block. The miners select only highest fee transactions available for the block they have mined, because the fees as a profit go to their pockets. So if your fee is one of the lowest (and let me guess that it is, if you didn't pay like 50 or whatever radiculous USD amount), you will have to wait for minimum 100 blocks to clear the existing transaction backlog, i.e. wait 1000 minutes = 16 hours provided no new transactions are created with a fee higher than yours. That last assumption is unlikely. So chances are your transaction will NEVER be confirmed.

Sorry if I have disappointed you but this is reality with bitcoin at present.


Title: Re: My Bitcoin have not still arrive
Post by: YuginKadoya on December 20, 2017, 10:32:36 AM
Regarding the post of Pan the blockchain is congested right now with unconfirmed transaction this is normal regarding the high value of bitcoin and the fees that you have provided are small than the required fees needed for your transaction and I think there are to much congestion for the time being and too many unconfirmed fees to settle and they are taking focus over the transaction that has many fees than you have.


Title: Re: My Bitcoin have not still arrive
Post by: Jalum on December 20, 2017, 10:33:15 AM
Can you tell me why?
The odds of you getting that money is high, just wait it out. You should wait at least a couple of days before making a thread like this...


Title: Re: My Bitcoin have not still arrive
Post by: amrulshare on December 20, 2017, 10:33:36 AM
what wallet are you using? now there are many types of Bitcoin wallet available, but not all wallets have trust. I suggest to wait until the process is finished, maybe it's because Block Network is busy, recenly. because many around the world are doing Bitcoin transactions, next time try to raise transaction fee


Title: Re: My Bitcoin have not still arrive
Post by: kaderm1 on December 20, 2017, 10:34:34 AM
maybe you transaction not confirmed or your fees was low need acceler


Title: Re: My Bitcoin have not still arrive
Post by: paulGems on December 20, 2017, 10:37:26 AM
Bitcoib transaction is recording very high traffic at the moment making confirmations slower and even more expensive. I think you should give it time. 8)