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Author Topic: Confirmations are getting faster ?  (Read 3045 times)
OmegaStarScream (OP)
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June 14, 2016, 08:58:31 AM
 #1

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

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Rizky Aditya
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June 14, 2016, 09:08:23 AM
 #2

I think it is just luck. Most of my transactions take about 20 mins to confirm. You probably just got into the blocks. I wish my luck was as good as yours.
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June 14, 2016, 09:22:21 AM
 #3

Yup, you got luck. I once had 4 confirmations within 10 minutes. It can't be always like that as some times I have to wait like 40-50 minutes for a block to be found to get my first confirmation.
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June 14, 2016, 09:29:12 AM
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I think your just lucky on the blocks that your transcation is in.Because most of the time blocks are overloaded causing confirmations to be delayed but if youre at the first  line then your transactions will be on top and faster confirmation.

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June 14, 2016, 09:47:06 AM
 #5

If you pay high enough fee you always have fast confirmations.

BTW network is going shit again, 20 MB unconfirmed transactions:

https://btc.com/

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June 14, 2016, 10:00:39 AM
 #6

The price jump has helped to increase the block discovery rate to >6 per hour again. The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.

Vires in numeris
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June 14, 2016, 10:23:03 AM
 #7

The price jump has helped to increase the block discovery rate to >6 per hour again. The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.

apparently in 2011 there was a discovery rate of almost 10(9.38) i checked with google, thus we were in a worst position for long in comparison with that time

probably because it was the time of the 25x increase...yes just checked again it went to 35 usd
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June 14, 2016, 11:26:08 AM
 #8

The price jump has helped to increase the block discovery rate to >6 per hour again.

That is rubbish. Today almost exactly 1 block per 10 minutes have been found.
The price jump has also increased fees proportionally against USD.

Quote
The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.

More hash will quicken blocks temporarily. Until the next difficulty adjustment. But as I said there is no big hash increase atm.
If you, Carlton, want more than 250,000 transactions a day, if you think that is a good thing, (which you seem to here) then that is equal to wanting more block space. Which goes against all your teachings about Cores 1mb fee market.
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June 14, 2016, 11:48:19 AM
 #9

I'll say the same thing to you as the other trolls: your BS is easily researched. Easily. People that actually care will actually do that, they won't listen to me, or especially you.


Propagandists like you need to understand: your account on bitcointalk is burnt. Your status and, consequently, your opinions, are totally worthless.

Vires in numeris
rizzlarolla
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June 14, 2016, 11:59:49 AM
 #10

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

It's just you, and it does sounds like luck.
But to talk in terms of minutes to comfirm, without reference to how many blocks were mined in that time is ambiguous.

Were you in the first mined block to come along, or the tenth?
If you were in the tenth block (even though it only took 2 minutes) you may not have been as lucky as you thought. But you probably feel lucky
If you were in the first block (even if it took an hour) you may have been lucky. But you probably wont feel lucky.


If you always got into the first mined block to come along, you will still see these 2 minute - 1 hour+ variations.
Even if hash power stays exactly constant. (or even if it increases)


It is impossible to say blocks are getting faster because your last transaction was faster than the previous.
(no evidence can be gleamed either way)
The only luck we can say you had was that your own personal transaction comfirmation times was in decreasing sequence.
And the thing with luck, it will change.

Luck says your next transaction will be slower than 2 minutes.
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June 14, 2016, 12:07:43 PM
 #11

I think your just lucky on the blocks that your transcation is in.Because most of the time blocks are overloaded causing confirmations to be delayed but if youre at the first  line then your transactions will be on top and faster confirmation.

Yes its just that you are lucky enough to get it confirmed so quickly. there is nothing of the part of Dev that that had make any changes recently neither it has anything to do with the current market cap and halving. Its purely luck that your confirmations are quicker than others.
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June 14, 2016, 12:13:17 PM
 #12

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

For the last 6 blocks (which all of them are almost full at ~1MB) were mined for less than 37min, few of them in less than a minute which means that you were probably lucky. I'm quite surprised that even though there are many blocks mined (overall tx fees are 0.2-0.5BTC) in about half an hour all of them are fully.
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June 14, 2016, 12:21:38 PM
 #13

Many users are complaining about the delay in confirmation time of transactions, but to be honest I never had  that issue, my transactions gets confirmed in maximum 20 minutes.
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June 14, 2016, 12:35:57 PM
 #14

Confirmations have always been rather fast for me. I never had a problem with it, so I never understood all this FUD about how Bitcoin is going out of capacity. It will only get better once we deploy segwit.
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June 14, 2016, 12:58:05 PM
 #15

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

you have to make more transactions bro Smiley
on my confirmation times i get all kinds of times, i even had an immediate confirmation once (it tool a couple of seconds to confirm) and also i had two hour confirmation (back in spam attacks).
this is just luck to get into a block or not and depends on the number of currency unconfirmed transactions too.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 14, 2016, 01:02:00 PM
 #16

i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.
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June 14, 2016, 01:37:43 PM
 #17

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.
I think luck hits you, I have transaction before 1 transaction lasted about 40 mins only, quite slow. And now i have a 2 transaction, im waiting 1 hour but it didnt arrive right now
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June 14, 2016, 01:42:02 PM
 #18

BTW network is going shit again, 20 MB unconfirmed transactions:

https://btc.com/
Not really; stop posting nonsense. There's actually ~1.5 GB of unconfirmed spam and the network is just fine:


i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.
Then the fee that you have included is not adequate for the transaction size.



I don't feel that much difference as my TX's usually confirm within the next block. However, it does seem like the interval has lowered a bit more on average. Maybe more hashrate has been added.

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June 14, 2016, 01:45:14 PM
 #19

Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

This is all happens when their is not traffic in network that time it get very soon confirmation other option is if you are paying high fees then your transaction gets confirmation much faster.
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June 14, 2016, 01:48:02 PM
 #20

Its just luck don take it seriously lol. maybe on the time that you make a payment or payment request theres not that much entry on block chain  I think thats the reason why you experience faster confirmations

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