Bitcoin is too slow

[ardentvolcanoes]

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

Lmao . I dont think that bitcoin transactions are too slow, because the last time i transferred bitcoin to my wallet it doesn't take an hour but its just only 40minutes , theres nothing to be fixed with transactions because sometimes the blockchain is holding a lot of transactions so it means transactions are not toltally instant .

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[cryptohunter]

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?

bitcoin core and I just downloaded this wallet in the last week from the bitcoin main website and installed it. I have never adapted the default fee slider on any version before and never had any issues.

So just wait and it will confirm in a few days or it will never confirm and eventually be returned to the wallet?

[X-ray]

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

Last night bitcoin have some issue, have a lot of transaction is stuck and not get a confirmation for some hours. and many people said with me if he got stuck o their transaction and not get a block confirmation.

[ning_chang]

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

Last night bitcoin have some issue, have a lot of transaction is stuck and not get a confirmation for some hours. and many people said with me if he got stuck o their transaction and not get a block confirmation.

Me too bro, I have a huge transaction last night and until now the transaction is not finished, Its better to fix their issue immediately

[MicroGuy]

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

If you mean the designed confirmation time, I think this is not a problem because issue can be addressed on merchant processing side.

But if you mean delays due to full blocks, that is issue must be fixed by core developers. Wonder why it not fixed yet?

~~

[wintermeasures]

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

I think bitcoin transaction is a transaction that is the fastest compared to the other services, you may send bitcoin current density occur and have to wait longer that common. No system is perfect friends, except artificial god. Thank you

[ranochigo]

bitcoin core and I just downloaded this wallet in the last week from the bitcoin main website and installed it. I have never adapted the default fee slider on any version before and never had any issues.

So just wait and it will confirm in a few days or it will never confirm and eventually be returned to the wallet?

Could you provide the transaction ID?

Bitcoin Core does rebroadcast the transactions to prevent it from dropping out of the mempool and it would definitely confirm, the time can be quite long though. Or else, you can start Bitcoin Core with -zapwallettxes and resend it after a while[1]. The estimate fee can be fairly inaccurate at times, especially if the transaction volume suddenly surges.
[1] https://bitcointalk.org/index.php?topic=1289559.msg13273042#msg13273042

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

They take a fraction of a second. What keeps people waiting is the confirmation time. The block is kept at 10 minutes intervals and reducing it would also reduce the security of one confirmation and would in turn likely to require merchants to wait for more confirmations.

[mindrust]

It won't get fixed. It was slow since the beginning.  That's why litecoin is invented.  Litecoin is way faster than bitcoin and it proved that it's also reliable.

 3 confirmations of bitcoins usually take 30 mins to 1 hour and that's a lot of time for me.

[Sled]

I think no one can fix it because the it's depend on how many users are sending and receiving bitcoin .

[ASHLIUSZ]

I think no one can fix it because the it's depend on how many users are sending and receiving bitcoin .

Bitcoin Price is indeed unpredictable because there are several factors that can affect its value whether it will soar or fall. However,as stated, if you see this perspective in a broader sense, you will take note that the change in price of bitcoins is solely in the hands of bitcoin users.

[italianobitcoin]

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?

You need some patience for it if you have Bitcoin and waiting is important otherwise you are not to be able to earn some money with it and that is bad.
So you have to know that the price of Bitcoin is also not going to rise that fast and it was stable for a long time and it have not to recover.

[MWesterweele]

Transction are fast depending on its amount and block status i think.Because if blocks where crowded then your transaction specially for big amounts maybe hanged

[Lauda]

You need some patience for it if you have Bitcoin and waiting is important otherwise you are not to be able to earn some money with it and that is bad.
So you have to know that the price of Bitcoin is also not going to rise that fast and it was stable for a long time and it have not to recover.

Stop posting bullshit like this.

bitcoin core and I just downloaded this wallet in the last week from the bitcoin main website and installed it. I have never adapted the default fee slider on any version before and never had any issues. So just wait and it will confirm in a few days or it will never confirm and eventually be returned to the wallet?

I'm going to say this again, and please do not go around complaining about your TX(s) when it is your fault.There are two (main) factors involved here:
1) Recommended fee in satoshis/byte.
2) Your transaction size.
Just because a fee of X was 'okay' a week ago, that does not mean that it will be 'okay' today.

[JohnnyBrown]

transaction speed may vary. if theres a lot of request then  it maybe going very slow but  it depemds just like what ive said.

[rizzlarolla]

transaction speed may vary. if theres a lot of request then  it maybe going very slow but  it depemds just like what ive said.

Stop posting bullshit like this. lol.

[pereira4]

Transaction is instantaneous, confirmation takes more time.

Confirmation for credit card transactions take up to 180 days, yet, I don't see you complaining about it and im sure you use credit cards a lot. So learn what transaction, confirmation, node decentralization etc means before crying about small blocks.

[NUFCrichard]

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

Last night bitcoin have some issue, have a lot of transaction is stuck and not get a confirmation for some hours. and many people said with me if he got stuck o their transaction and not get a block confirmation.

That would be a fairly significant problem if it was a true global currency!

Anyone who has sent Bitcoins to an exchange to try to trade when the price moves quickly will know that it takes a long time for your transaction to be confirmed 6 times.
That said, when you buy something online or spend bitcoins somewhere, you can also see that it is recognised in 1-5 seconds.  For small amounts that is great, if confirmations are needed, then it wouldn't be a great idea to not buy online.

[jamesl22]

Transaction is instantaneous, confirmation takes more time.

Confirmation for credit card transactions take up to 180 days, yet, I don't see you complaining about it and im sure you use credit cards a lot. So learn what transaction, confirmation, node decentralization etc means before crying about small blocks.

Very rightly said, people don't complaint about credit cards, but they do complaint about bitcoin transactions, but the fact is they ignore the advantages of bitcoin and focuses only on one minus point.

[pawel7777]

Bitcoin transactions are the fastest global transactions ever created in the history of history.
...

Only if you completely ignore all the other cryptos, of which Bitcoin is one of the slowest. Most secure maybe, but definitely not the fastest.

[rizzlarolla]

Transaction is instantaneous, confirmation takes more time.

Confirmation for credit card transactions take up to 180 days, yet, I don't see you complaining about it and im sure you use credit cards a lot. So learn what transaction, confirmation, node decentralization etc means before crying about small blocks.

Transaction is instantaneously broadcast, but may never confirm.
Therefore, worthless.

Why would credit card users complain about that 180 days?
Their contract is immediate and goods are received.

Are you saying bitcoin is ok, in comparison, if confirmation takes less than 180 days?