Bitcoin is too slow

[RodeoX]

Exactly and the day I started to use bitcoin, I have never used banks or WU for making money transfers as bitcoin is taking care of it in best possible way.

Me as well. I dumped my PayPal account in 2010 when I switched to bitcoin for online purchases. Ever since then they have sent me at least 1 spam email a week. About once a year I ask them if they are using BTC yet. Then I say "Ok, well let me know when you do."

Taking a few minutes for my transaction getting added to the ledger would be acceptable. A few seconds would be ideal.

30-60 minutes is not when all I can do is sit with my thumb up my ass waiting for it to be accepted and needing the money to move.

Consider what you are selling/buying.
If I were selling a yatch then I would want to see 5 - 6 confirmations. That is an hour or so wait, but not that long considering the scale of the purchase. If I were selling a flashlight then I would not wait at all. The effort and expense of faking a Tx is far greater than the gain of a flashlight. This why McDonald's can take a credit card for a burger. They have no idea if the Tx is legit, but they do know it is not feasible to make a fake card to get a burger. 

[fravia]

Transactions are too slow. Will someone fix it or do we need a better coin?

transactions are very, very fast, of course, sometimes for some reasons even i have to wait, but longest time i waited was 20 minutes and then i got my money so i'm not mad

and i don't know, maybe they takes so long for you because you didn't paid enough of fees for that, as my friend once sent some money without fee and he waited 2 days to get money

[langedwig]

The transactions are really faster. The one i made last time was a so fast that i wondered what happened to the site. I even told my spouse about this. At time due to network issue you might have faced it. But indeed, its really faster.

[rinhunter]

there is no need to be fix in the transaction, it looks like you just need to add a 'little' fee to obtain confirmation faster than usual.
usually ~15 minutes your transaction getting confirmed if you use recommended fee by network

[familiaverde]

 29082 Unconfirmed Transactions  

https://blockchain.info/unconfirmed-transactions?show_adv=true

[carlisle1]

It depends on the block size dude it would a confirmation before it goes to your wallet or to where you have deposit .
 It doesnt need to be fixed maybe it is slow for sometimes it just because of the number of transactions that blockchain is taking . So be patient .

[Lauda]

29082 Unconfirmed Transactions  

https://blockchain.info/unconfirmed-transactions?show_adv=true

Over 20k transactions of spam. There is less than 5k unconfirmed transactions in the usually recommended range (or above) which is 40 or 50 satoshis/byte.

It depends on the block size dude it would a confirmation before it goes to your wallet or to where you have deposit .ž

You have no idea what you're talking about.

It doesnt need to be fixed maybe it is slow for sometimes it just because of the number of transactions that blockchain is taking . So be patient .

This isn't English.

[iv4n]

Slow? In my opinion its much faster then year ago. Based on my experience, before I waited for transactions to complete, now everything is done in few minutes.

I don't know what some people expect from this, to send it in mili second? Where people hurry so much. If you wish to get somewhere on time, start in time.

[freshman777]

29082 Unconfirmed Transactions  

https://blockchain.info/unconfirmed-transactions?show_adv=true

Over 20k transactions of spam. There is less than 5k unconfirmed transactions in the usually recommended range (or above) which is 40 or 50 satoshis/byte.

Spammers got so used to excellent service they complain now that they don't get it. Outrageous.

[Raimonn]

Transactions are fast enought, confirmations could take some time but it depends on the fee. Sometimes users compare it with credit cards "fast transactions", when buy with credit cards seems fast, but the real thing is that sellers have to wait from 1 to 3 days to "confirm" the money on their accoutn.

[illodin]

You are confused, because what you take for Bitcoin is spam. Spam can be slow.

Well could someone fix Bitcoin then please so it can't be spammed so I can send money when I want to? Or do we need a better coin?

[Boatsmhoes]

Idea: Put some bits in a paper wallet for offline transactions to give to the other person. They can sweep them or whatever.


But Bitcoin is great for online transactions. Yeah, 10+ minutes until you get a couple of confirmations but it works well in my opinion.

[unamis76]

Another thread, same story: OP is confusing transaction time and confirmation time

Transaction time: instant
Confirmation time: 10 minutes

Will someone fix it or do we need a better coin?

If you can "fix" it and/or come up with a better coin, feel free to do so

[freshman777]

If you can "fix" it and/or come up with a better coin, feel free to do so

A lot of better coins out there but you guys are emotionally attached to one.

[hasiramasenju]

Transactions are too slow. Will someone fix it or do we need a better coin?

i think bitcoin transactions is pretty fast for me even though with default fee only need 10-15 minutes to confirm the transactions but if you want more faster just increase the fees and it would solved your problem

[cryptohunter]

I sent one 6 hours ago and zero confirms so far? is that possible?

[Lauda]

If you can "fix" it and/or come up with a better coin, feel free to do so

What isn't broken does not need fixing.

I sent one 6 hours ago and zero confirms so far? is that possible?

It is also possible that your transaction never confirms (with the improper fee settings). Please provide us with the TX ID.

[cryptohunter]

If you can "fix" it and/or come up with a better coin, feel free to do so

What isn't broken does not need fixing.

I sent one 6 hours ago and zero confirms so far? is that possible?

It is also possible that your transaction never confirms (with the improper fee settings). Please provide us with the TX ID.

I'm sending 0.21btc

fee was 0.00002298 btc

I never touch the fee setting it is just default as it always has been.

I've seen 2 hours before but not this long ever.

[Lauda]

I'm sending 0.21btc

The amount that you're sending is irrelevant. What matters is the size of your transaction.

fee was 0.00002298 btc

You've included 2 cents when the recommended for the median TX size is 10 cents? You do not need to wonder why your TX isn't confirming.

I never touch the fee setting it is just default as it always has been.

What wallet are you using and what version?

[Viyamore]

Transactions are too slow. Will someone fix it or do we need a better coin?

Well i don't think it would be fix .because the more users it can be the more time it will takes to make a success confirmation that was only problem on transacting bitcoins.