[2015-07-07] Bitcoin Network Still Backlogged With Tens of Thousands of ...

[tyz]

Bitcoin Network Still Backlogged With Tens of Thousands of Unconfirmed Transactions, Causing Delays

Over the past 24 hours, the blockchain has been inundated with small, spam-like transactions that are large in data size, but significantly small in bitcoin value transferred. At the peak, there were more than 50,000 unconfirmed transactions waiting to be mined into a block, resulting in delays for normal transactions to be confirmed.

http://coinyoo.com/2015/07/07/bitcoin-network-still-backlogged-with-tens-of-thousands-of-unconfirmed-transactions-causing-delays/

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[RustyNomad]

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.

[jeffthebaker]

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.

[randy8777]

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.

[tyz]

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.

[mercistheman]

Fed Reserve fighting back 

[Lethn]

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.

[odolvlobo]

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.

[tyz]

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.

[pedrog]

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.