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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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RustyNomad
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July 07, 2015, 08:31:17 PM |
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Did a number of transactions today and had no delays whatsoever.
Sent each transaction with a 'Priority' fee (which was still next to nothing in monetary terms) and all were confirmed within minutes.
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jeffthebaker
Legendary
 Offline
Activity: 1526
Merit: 1034
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July 07, 2015, 08:34:42 PM |
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Did a number of transactions today and had no delays whatsoever.
Sent each transaction with a 'Priority' fee (which was still next to nothing in monetary terms) and all were confirmed within minutes.
Yup, me too. Sent several transactions to gambling sites with a slightly higher than average fee, got my payments confirmed in minutes. |
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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July 08, 2015, 12:05:55 AM |
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as long as people add at least 0.0001btc as fee people won't have to deal with waiting hours. if i want my tx to get included in the next block i add 0.0005btc as fee. that gets the job done.
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tyz (OP)
Legendary
Offline
Activity: 3360
Merit: 1530
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July 09, 2015, 04:40:19 PM |
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i personally had some problems by sending 0.5 BTC to an exchange. it lasted over 5 hours until the transaction was confirmed. Now it works much faster again.
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mercistheman
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July 09, 2015, 10:53:06 PM |
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Fed Reserve fighting back  |
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Lethn
Legendary
Offline
Activity: 1540
Merit: 1000
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July 09, 2015, 11:13:12 PM |
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Max Keiser went and said something I thought was daft, that you have people out there ordering a smere campaign against Bitcoin.... Now however, I'm not so sure, I think now that Bitcoin is acting so stable in the middle of a crisis somebody is going to want to take it down.
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odolvlobo
Legendary
Offline
Activity: 4298
Merit: 3211
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July 10, 2015, 03:58:31 PM |
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I had to wait about 45 min to get first confirmation. It's a significant increase compared to a month ago, but i'm sure they'll fix it somehow and soon.
A year ago the same thing used to take 10 min!
Pay the fee and you won't have any problems. I just sent some BTC and paid the 0.0001 fee and it was confirmed in minutes. |
Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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tyz (OP)
Legendary
Offline
Activity: 3360
Merit: 1530
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July 10, 2015, 05:15:09 PM |
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I always pay fee and I paid 0.0002 for this transaction. It was not my first transaction with 0.5 BTC or higher. But I have never waited longer than 10 to 15 minutes. I had to wait about 45 min to get first confirmation. It's a significant increase compared to a month ago, but i'm sure they'll fix it somehow and soon.
A year ago the same thing used to take 10 min!
Pay the fee and you won't have any problems. I just sent some BTC and paid the 0.0001 fee and it was confirmed in minutes. |
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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July 10, 2015, 09:59:46 PM |
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I always pay fee and I paid 0.0002 for this transaction. It was not my first transaction with 0.5 BTC or higher. But I have never waited longer than 10 to 15 minutes. I had to wait about 45 min to get first confirmation. It's a significant increase compared to a month ago, but i'm sure they'll fix it somehow and soon.
A year ago the same thing used to take 10 min!
Pay the fee and you won't have any problems. I just sent some BTC and paid the 0.0001 fee and it was confirmed in minutes. Is the network still overloaded? Just made a transaction, paid 0.001 fee and it was included in the next block, also received a transaction that was included in the next block with a 0.0003 fee, I guess I've overpaid.  |
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