How long will this take?

[kingaltcoins]

Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

[bitbaby]

Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

As you can see here there is a congestion in the network https://blockchain.info/unconfirmed-transactions maybe someone is spamming the network, which is why even the transactions with the normal fees are taking too long to confirm, but it will ultimately subside and when it does, your transaction should go through.

[BitcoinNewsMagazine]

Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

Be safe and use a .0005 fee until we get a blocksize increase.

[BTCBinary]

Thats one more proof that we urgently need to increase the blockzise.
Block are already full and ths kind of dealys are getting to be more common. This is bad because it causes a lot of issues between buyers and sellers.
It can even mine the trust in bitcoin on businesses as shops who are already accepting bitcon.

[eddyubachs]

Its happening with most of users since yesterday, their transaction with normal default fees taking more time or they are still unconfirmed,total number of unconfirmed transaction keeps increasing.

Only solution seems increasing bitcoin block size,so transaction of normal users can confirmed, right now it seems like bitcoin is network of richs who pay more fees.

[Kakmakr]

There has been, what seems to be a spam attack or unannounced stress test on the blockchain and as a result, the blocks have been filled with some tx's with virtually no fee's. This has caused problems for other people, who has paid normal fees.

You are just one of the unlucky people, who made a transaction during that traffic jam. This is just one more reason why the developers should act on this type of rubbish. 

[btc_enigma]

There has been, what seems to be a spam attack or unannounced stress test on the blockchain and as a result, the blocks have been filled with some tx's with virtually no fee's. This has caused problems for other people, who has paid normal fees.

You are just one of the unlucky people, who made a transaction during that traffic jam. This is just one more reason why the developers should act on this type of rubbish. 

Why would you think blocks are filled with low tx transaction ? Isn't that causing a loss to the miners .

[kingaltcoins]

As you can see here there is a congestion in the network https://blockchain.info/unconfirmed-transactions maybe someone is spamming the network, which is why even the transactions with the normal fees are taking too long to confirm, but it will ultimately subside and when it does, your transaction should go through.

At the time I wrote this thread there were 20K unconfirmed transactions and now it is over 32K!
Will my transaction go through?

Be safe and use a .0005 fee until we get a blocksize increase.

I have seen some transaction using 0.001 btc fees for a 0.01 btc transfer and is still waiting for 23 hours!

Thats one more proof that we urgently need to increase the blockzise.
Block are already full and ths kind of dealys are getting to be more common. This is bad because it causes a lot of issues between buyers and sellers.
It can even mine the trust in bitcoin on businesses as shops who are already accepting bitcon.

Yes. This will have a negative impact on the trust system.

There has been, what seems to be a spam attack or unannounced stress test on the blockchain and as a result, the blocks have been filled with some tx's with virtually no fee's. This has caused problems for other people, who has paid normal fees.

You are just one of the unlucky people, who made a transaction during that traffic jam. This is just one more reason why the developers should act on this type of rubbish. 

What should I do now? Wait further?
Can it be rebroadcasted?

[Yakamoto]

based on the recent events, it almost seems like moving to bigger blocks is the favoured idea, but we just saw that one DDoS'er say he was being paid to attack Classic nodes, maybe Classic is retaliating by spamming the network to all hell?

[Herbert2020]

i don't know if this is another spam attack on the network from bigger block supporters or simply bitcoin users moving their stuff around. (somebody in another topic suggested this is salary day (end of the month) and that is the cause)
anyways we are all having the same problem, i have transaction stuck for more than 24 hours and it has enough transaction fee (it is high priority) but no confirmation.

[justspare]

Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

As you can see here there is a congestion in the network https://blockchain.info/unconfirmed-transactions maybe someone is spamming the network, which is why even the transactions with the normal fees are taking too long to confirm, but it will ultimately subside and when it does, your transaction should go through.

There is a huge amount of congestion with the transactions. I bet that it is just a bunch of people spamming it. It should be gone by tomorrow.

[Cyaren]

The miner preference says low... Which means you have paid fees that are too low. It's not that if you pay double the fees every time, you're guaranteed to have a high priority. It all depends on the size of the transaction, and in this case the size is pretty big.

[NorrisK]

The miner preference says low... Which means you have paid fees that are too low. It's not that if you pay double the fees every time, you're guaranteed to have a high priority. It all depends on the size of the transaction, and in this case the size is pretty big.

Suggested fee is 10,000 satoshi per kb, he paid 20,000 for 1.600 kb. It should be fine. The only thing I can immagine is that the transaction is made up of 7 smaller transactions and that is unpreffered by the miners (but this is also the reason for the greater size, hence the higher fees).

Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

Be safe and use a .0005 fee until we get a blocksize increase.

0.0005 is way to much for a transaction like this. I've never had issues with transactions going through, no matter if I used the suggested fees. Even incoming transactions from exchanges, using less than 10,000 satoshi (exactly the suggested amount of satoshi for the size of the transaction in the ratio of 10k satoshi per kb), went through fine.

I would hold of on transactions for the moment until things settle a bit unless you absolutely have to.

[mkc]

it is Feb 29, you got this day once every 4 years. Someone out there must be doing something to make their point.
In person, I think increase block size will be able to solve this.

[7788bitcoin]

The fee is reasonable at 200 bits. Stress test happens very often... I think blocksize increase will help but will not eliminate this totally.

[SFR10]

Well the fee is actually low and in a normal day it should give the same error of (Medium Priority) as it has given now. You've included around 12 Satoshi only, per byte which for fast confirmations (specially for large amounts of the same amount as yours) you should go with around 60 Satoshi per byte instead. The difference is 0.000996 - 0.0002 = 0.000796 BTC as a fee and that's making it even delay further more, after all the recent unconfirmed transactions that has piled up and the sad thing is, I've seen many who sent again with a little higher fee but again less than required and that has made the whole situation even worst.

[Lauda]

What wallet are you using? Maybe it is time to try out the Replace-by-fee feature now.

Be safe and use a .0005 fee until we get a blocksize increase.

It is an attack, a block size increase wouldn't help much.

[Farma]

I do not know, I also have a payment that has not been confirmed in blockchain, I do not know what causes it, I hope it was immediately rectified and will not take much longer   

[kingaltcoins]

What wallet are you using? Maybe it is time to try out the Replace-by-fee feature now.

Be safe and use a .0005 fee until we get a blocksize increase.

It is an attack, a block size increase wouldn't help much.

I am using Blockchain.info's integrated chrome wallet.

Before I sent the transaction the wallet already notified me to adjust the fees automatically and my priority was set to medium. So it deducted a normal fee of 0.0002 btc which is I think normal for most transaction.

Heck even now the unconfirmed transaction has reached over 35K!

Guys please do not suggest here for a blocksize increase because that is a useless suggestion for now.

[romero121]

Thats one more proof that we urgently need to increase the blockzise.
Block are already full and ths kind of dealys are getting to be more common. This is bad because it causes a lot of issues between buyers and sellers.
It can even mine the trust in bitcoin on businesses as shops who are already accepting bitcon.

Well said it gives proof for the need of increased block size. But once block size gets increased also we'll feel something needs to be changed, because once blocksize gets increased surely some one will have control over further mining.