Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: wayne_812 on December 28, 2017, 01:42:31 AM



Title: Why is it take so long to send bitcoins?
Post by: wayne_812 on December 28, 2017, 01:42:31 AM
i sent some bitcoins to the exchange. i waited for two days. but nothing happened. I checked the deal record. it says waiting for confirmation. do you guys ever met this problem? how can i do about it?


Title: Re: Why is it take so long to send bitcoins?
Post by: darkangel11 on December 28, 2017, 03:58:31 AM
i sent some bitcoins to the exchange. i waited for two days. but nothing happened. I checked the deal record. it says waiting for confirmation. do you guys ever met this problem? how can i do about it?

Of course. What's the address? Most likely your fee was too low. Next time consult  this (https://bitcoinfees.earn.com/) site before sending a transaction. It updates in real time and shows you how much you should pay to get a fast confirmation.


Title: Re: Why is it take so long to send bitcoins?
Post by: simmieDJ on December 28, 2017, 05:59:35 AM
Reiterating what DarkAngel said. BTC's blockspace works on supply and demand. The fees recoup the mining costs of the miner and higher fees are usually sought after. If your fee is too small, no one will want to process your transaction, because they're essentialy losing money.