calkob (OP)
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March 24, 2016, 06:23:44 PM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
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LFC_Bitcoin
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March 24, 2016, 06:32:48 PM |
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3 confirmations in 10 minutes with such a small fee. That's pretty impressive, I think you probably got lucky though. I always pay above the recommended fee & most times don't get as many confirmations in such little time.
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alyssa85
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March 24, 2016, 06:37:40 PM |
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Were you sending a high priority transaction? If your inputs have a large number of bitcoin days, and low bytes, the priority is so high you can send for a nil fee.
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Iseecookies
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March 24, 2016, 06:41:55 PM |
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I do not think I have ever had it move so quickly in the network,this is a good thing for sure to be able to get 3 confirmations in such a short time. Love it,hopefully this is something that happens more often.
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AgentofCoin
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March 24, 2016, 06:47:52 PM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
Yes. Most often, when there is a massive backlog of txs pending in the mempool, a large amount (probably around or over 85%) have an extremely low fee or no fee. I do not think I have ever had it move so quickly in the network,this is a good thing for sure to be able to get 3 confirmations in such a short time. Love it,hopefully this is something that happens more often.
Getting 3 confirmations within 10 minutes is just very lucky and does not indicate any change or anything to the Bitcoin network or protocol. This is normal and happens from time to time.
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Real-Duke
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March 24, 2016, 06:53:08 PM |
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Easy going! We had 3 Blocks found in less then 6 minutes (Block 404.104 - 404.106) according to this site https://tradeblock.com/bitcoin/ and there are not many transactions in the mempool right now. So even without any fee there was a good chance to get a fast confirmation for your coins
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calkob (OP)
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March 24, 2016, 07:52:27 PM |
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Easy going! We had 3 Blocks found in less then 6 minutes (Block 404.104 - 404.106) according to this site https://tradeblock.com/bitcoin/ and there are not many transactions in the mempool right now. So even without any fee there was a good chance to get a fast confirmation for your coins There is definitely transaction sin the mempool i just checked my core node and there are over 11000.
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SmartIphone
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March 24, 2016, 07:55:55 PM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
From the mined block history in the blockchain.info i see that at that time 3 blocks where mined within 3 minutes and 30 seconds, so i think you were lucky.
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Bit_Happy
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March 24, 2016, 07:56:55 PM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
FYI: The first confirmation is most important (getting yours included in a block) All the others are random times depending only on how fast the next blocks are solved.
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Real-Duke
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March 24, 2016, 11:07:15 PM |
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There is definitely transaction sin the mempool i just checked my core node and there are over 11000. Of course there are transactions in the mempool but less then the moment you checked youre node
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coinzat
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March 24, 2016, 11:12:30 PM |
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it is just a coincidence as there are 3 blocks mined in that short time. and about your low fees, your tx got included in a block fast because the number of unconfirmed transactions now is low so miners have no problems with confirming your tx fast
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franky1
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March 24, 2016, 11:21:44 PM |
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it is just a coincidence as there are 3 blocks mined in that short time. and about your low fees, your tx got included in a block fast because the number of unconfirmed transactions now is low so miners have no problems with confirming your tx fast
he probably is a BTCC user so gets priority. but i do love how someone has blind luck once. and then tries to use it to say EVERYONE will always have the exact same experience forever and without issue. seriously. the OP might as well say that Wonka bars are the best chocolate ever and everyone gets a free tour of a chocolate factory.. simply because he might be one of the lucky 5 that get a golden ticket. seriously. the OP might as well say that playing the lottery is guaranteed to make everyone a millionaire by paying just $2.. because thats how much he paid for a winning ticket. i really do love how core fanboys use the rare positive examples and pretend its normal. and then pretend the negative stuff doesnt exist.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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TastyChillySauce00
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March 24, 2016, 11:28:57 PM |
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that's not going to be confirmed if your transaction has a larger size and you're adding a note into your transaction, i ever try this once,when i first try i just send a small amount with fee about 0.00005 and it's got confirmed smoothly and then i tried with bigger amount about 0.02 with the same fee,it need 2 days to get confirmed, so it's depend on your luckyness
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XCASH
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March 25, 2016, 12:07:53 AM |
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it is just a coincidence as there are 3 blocks mined in that short time. and about your low fees, your tx got included in a block fast because the number of unconfirmed transactions now is low so miners have no problems with confirming your tx fast
he probably is a BTCC user so gets priority. but i do love how someone has blind luck once. and then tries to use it to say EVERYONE will always have the exact same experience forever and without issue. seriously. the OP might as well say that Wonka bars are the best chocolate ever and everyone gets a free tour of a chocolate factory.. simply because he might be one of the lucky 5 that get a golden ticket. seriously. the OP might as well say that playing the lottery is guaranteed to make everyone a millionaire by paying just $2.. because thats how much he paid for a winning ticket. i really do love how core fanboys use the rare positive examples and pretend its normal. and then pretend the negative stuff doesnt exist. I had both types of luck at different times. Although I had multiple confirmations in minutes when a few blocks were found extremely close together, I also had to wait hours for one confirmation when the blocks were full. When the stress tests were running I had to wait until the next day for a confirmation.
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Pro Gamers
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March 25, 2016, 12:16:37 AM |
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Nice. I had 0.0001 fee for 0.005 and although i knew it will going for 6 confirmations to get through it took my transaction for less than 2 hrs.
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Real-Duke
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March 25, 2016, 12:24:25 AM |
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Everytime before I made a payment I look at the actual mempool size and then I decide the value of my fee
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nydiacaskey01
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March 25, 2016, 12:28:14 AM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
Thats so lucky of you, usual fee I pay is 0.0001 to make sure transaction pushes through, I saw an exchange site paying only 0.000099 no one wants their transaction to be stuck in unconfirmed status because of not paying a few satoshis
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btcltccoins
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March 25, 2016, 03:51:47 AM |
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Just moved some bitcoin and had 3 confirmations within 10mins. i paid the minimum fee that core required which was 0.00001433. i think bitcoin is working fine, and tells me that the transactions waiting confirmation must have no fee what so ever, would you agree?
You are quite lucky to had 3 confirmations within 10 mins. Normally it take 30 minuets for the 3 to 6 confirmations. Most of the people complain that transaction time take way too long and this is something thats needs to be rectified.
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Amph
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March 25, 2016, 07:30:02 AM |
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it's the same luck you get when you send a micro transaction without fee and it get the first conf in 10 minutes
but this is far from the normal average time of the confirmation
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Kprawn
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March 25, 2016, 08:46:48 AM |
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To prove that this was not just luck, we dare you to try that again and see if you get the same result. {Move coins between your own accounts, with the same fee} The odds of you successfully doing that again, is very thin and cannot be extrapolated to every transaction being done on the network at the moment. I am also lucky some times, but is the exception rather than the rule. We cannot bargain on that, with every transactions being done on the network... with the limitations we have now.
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