Why does bitcoin confirmation time takes hours or even longer?

[PremiumCodeX]

Will confirmation time get worse by time or will it be stabilized? I read about this "scalability" issue in BTC network, but could you please elaborate me if there is a connection between the two issues (confirmation time and scalability)?

[stomachgrowls]

There is some randomness to it. I pay the same fee pretty much all the time between 0.0001 and 0.0002 and sometimes it confirms under 10 minutes and other times it can take half a day. Most of the time it's about 30 minutes to an hour.

I agree with you  it does  have   random  confirmation times even though  you  put  up the  highest   possible  miner  fee  on the transaction. Just  like  in  my case  i  putted  up  high  fee  but still confirmation times were too  long and it take  up almost  2 hours  unlike  on my previous transaction  without  any fee using coinbase, My  suspicion  would be  the overall  unconfirmed transactions  the  more   transactions  on  their  the  longer  the queue.

[Kevin77]

Exactly as the title says, I have received some 0.02 btc today and it
takes longer than expected before it is confimed.

Can someone explain how the bitcoin transaction works and why the
confirmation time takes longer than usual?

Thnx

In most cases the issue is related to the amount you pay as fee, the higher you pay the faster the transaction gets into new blocks but there are times when even you pay the highest fee you need to wait for up to 1 hour before the transaction is confirmed, I have had such issues several times.

[SamMurphy]

It happens to me many times. I don't know the exact reason, but I think because of the lower price of the fee. If you choose a fee with bigger value, the confirmation will last some minutes.

[ranochigo]

Hmm,

Because BTC sucks,

it is outdated code with performance problems that will not be fixed,
because it's masters in China refuse to update their code, so they can keep their greater than 51% domination of BTC.  

 

FYI:
Try almost any altcoin , and you will soon agree BTC sucks.

Outdated code? Bitcoin is designed to have blocks occurring per 10 minutes to ensure the fixed supply of coins and security on the transactions. The reason for Bitcoin to have 10 minutes transaction is because it is an amount of time that can be used to prevent double spending.

The shorter the confirmation time, the less security it would have due to the higher number of orphans and so on. Alt coins are extremely volatile with many of them sacrificing confirmation time for security. Hence, merchants needs to wait for more than one confirmation.

[Red Fish]

It depends from transfer fee, currently blockchain wallets make transactions in 20 minutes time, but sometimes it goes for hours. If BTC transaction comes from computer wallet, it also depends from transfer fee, but it can be fast - 10 minutes, or slower - up to hours, if transfer fee is low.

[MMA]

It happens to me many times. I don't know the exact reason, but I think because of the lower price of the fee. If you choose a fee with bigger value, the confirmation will last some minutes.

yes it also happened to me for so many time and i also noticed that when i pay the transaction fee a little high than its limit then the transaction is faster and when i pay the normal fee then it take comparatively more time.

[calkob]

Very rarely does it take hours to get 1 confirmation, yes it happens sometimes.  depending on the amount of bitcoin the amount of confirmations you need to wait for are different, if your waiting for six then it should be about an hour.

[jak3]

all i can say about it is sometimes it really depends on the luck and sometimes it depend on our mistakes like it is always told to everyone that to transact a new coin after at least 1confirmation of the previous transactions and always use a correct amount of miner fees if you are in hurry of transacting or else you have to facw the delays