Confirmations are getting faster ?

[matt4054]

For me , I think the confirmations are not really getting faster,  it's on the opposite side as for me Because before, everytime I transfer .01BTC it only took 2 to 10 min before my transactions are confirmed by the blockchain but it when I transferred a while ago it took more than an hour. Well I guess there are a lot of factors to consider in measuring the time before our transactions were confirmed.

Yes, it's highly variable and dependant on the size of the tx queue. That was the motivation behind BitcoinQueue.com, so we can understand the fee price market and confirmation time implications.

[BitHodler]

I think in your case it's pure luck but blocks are indeed being found quicker than months ago.

Just look at for example the time where the block halving will be completed.

Months ago the expected halving date was more towards the end of July and now it's projected to happen on July 10.

[MaxTax]

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 me , I think the confirmations are not really getting faster,  it's on the opposite side as for me Because before, everytime I transfer .01BTC it only took 2 to 10 min before my transactions are confirmed by the blockchain but it when I transferred a while ago it took more than an hour. Well I guess there are a lot of factors to consider in measuring the time before our transactions were confirmed.

Bitcoin has a lot of press at this point and a lot of technical people already know what it is and have decided to buy in or not but we are still seeing growth.
we can see  a steady and significant increase which over time appears to show exponential growth.

[alani123]

I think in your case it's pure luck but blocks are indeed being found quicker than months ago.

Just look at for example the time where the block halving will be completed.

Months ago the expected halving date was more towards the end of July and now it's projected to happen on July 10.

Blocks with the current difficulty are found just a little sooner than 10 minutes on average (according to bitcoinwisdom). Most likely that OP was using a wallet that amidst the recent influx of transactions predicted fees generously this way giving his transactions great chances at being confirmed ahead of others.

[b0art]

there's a huge build up in the mempool recently which is causing confirmations to be slow is this an attack on the network to slow down confirmations? looks like mempool is normally not this big

see https://bitcoinfees.github.io/#1d

[RastoMan]

there's a huge build up in the mempool recently which is causing confirmations to be slow is this an attack on the network to slow down confirmations? looks like mempool is normally not this big

see https://bitcoinfees.github.io/#1d

I experienced slow confirmation two days ago. That could huge delay in my online shopping. I will receive goods two days later.