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Author Topic: Why blockchain taking days for BTC confirmation?  (Read 2464 times)
coynedterm
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May 15, 2017, 10:10:30 AM
 #21

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?
the amount of Bitcoin transaction is regardless of the fact that how much the amount of the Bitcoin you want transfer from one address to another address.
The amount of fees for the transaction of Bitcoin is calculated according to the input and output transaction of that amount of Bitcoin that you want transfer .
So if you want send 1 BTC then you need to pay the same charge that you paid during the very small amount of Bitcoin transaction .
No doubt that currently fees that is sufficient to confirm your transaction easily is high , but here for the solution of this problem I will suggest you to pay the recommended fees by the wallet during the transaction ( and never customise the fees to lower amount ) .
The best place to see the normal fees for the Bitcoin transaction is Bitcoinfee.21.co .

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Blinken
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May 15, 2017, 10:45:27 AM
 #22

A better question would be how we can avoid having posts on this forum every day by no-fee retards asking the same question.

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arbitrage
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May 15, 2017, 10:56:04 AM
 #23

A better question would be how we can avoid having posts on this forum every day by no-fee retards asking the same question.
Maybe next wallet should have automatic adjustment for fee (possibility to avoid fee, must be restricted or forbidden. This is also one of causes of problems.). Maybe this can help those who are not accustomed to pay fee or that decreasing it when ever they can, then we can move on.
Or maybe wallet should have fee estimator? This would be very nice. Grin
szpalata
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May 15, 2017, 11:56:21 AM
 #24

It's simple, pay more and get it confirmed quicker, I don't know why people keep repeating the same answered question though.
DoublerHunter
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May 15, 2017, 01:51:00 PM
 #25

I think the slow time for bitcoin confirmation is caused by the big growth of bitcoin users and a lot of them send too much transaction that cause the network to be slow and it caused traffic and the number of users already out numbered the number of capability of miners so it is a very big problem but i hope this can be fix very soon.
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May 15, 2017, 02:14:57 PM
 #26

it depend on fee and i doubt it take "days" to confirm because after 3 days in the mempool it would return to your wallet if not confirmed

if you pay zero fee it will probably be rejected, and for sending $1500, it depend on the size not on the amount, check the size of your transaction if it say 226 bytes just set the fee to 50k satoshi it will be confirmed fast

The theory is a bit flawed.... reason being, if everyone takes your advice and increase their fees to 50k.. it will still create a problem, because the

Mempool will still be congested with unconfirmed transactions. The Block sizes or some sort of scaling solution should solve this once and for all.

We cannot continue giving advice to people to increase their fees, because the only people winning here are the damn miners.  Angry Angry Angry

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iluvpie60
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May 15, 2017, 06:43:21 PM
 #27

Use something that has a replaceable fee. That will increase your fee later if it needs to. Also probably want to do at least 1 dollar worth in a fee.
Mvaporis1961
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May 16, 2017, 03:54:34 PM
 #28

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

There has been a speculation about an attack that spams and yes there is no evidence and proof whatever this is true or not so let us just hope for the best that this will be fixed in due time.
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May 16, 2017, 04:00:32 PM
 #29

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?
It depends on what  you can afford. The more expensive fee you pay, the faster it get's confirmed. However, if you ae asking for specific amount, $10 fee for $1500 is enough for easy confirmation.




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May 16, 2017, 04:06:50 PM
 #30

I'm also experience this problem recently

On 5 May, I sending 0.195 with fee 0.003 , almost 2 days still unconfirmed status !
But they return my bits and I'm resend my 0.195 but with fee 0.004 , and I got confirm afterward

Smiley
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