Bitcoin is too slow

[Ayers]

...
what if the average number of tx with proper fee exceeds the block limit, it's not guaranteed anymore that my transaction with proper fee, will be confirmed in 1-2 hours right?

Simple, all the transactions that didn't make it to the block will be labelled as 'spam'. Problem solved.

But seriously, if demand exceeds block capacity, then there's no such thing as 'proper' fee.

proper fee is the correct fee you need to pay to not get any delay and be in the queue among those that have high priority, but what if the demand is so high and it increase so fast, that the increase in fee need to be done between each transaction? even proper fee would not work in this case, because by the time you pay your fee and send the transaction, now the proper fee will be higher than the previous proper fee, this thing is fucked up...lol

[sishendaoye]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bitcoin transaction are actually very fast. Instant. The thing that can make bitcoin slow are the confirmations. Which vary from 2 - 8 confirmation (this differs per company)

[Universat]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bitcoin transaction are actually very fast. Instant. The thing that can make bitcoin slow are the confirmations. Which vary from 2 - 8 confirmation (this differs per company)

The problem is that for the same amount of fee, you do not know if you can get confirmed in 1 or 20 blocks.

[eternalgloom]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bullshit, Paypal is definitely faster than Bitcoin, it's pretty much instant. Bitcoin is indeed faster than bank transfer, but generally it can take a while until you get like 3+ confirmations on your transaction..

[freshman777]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bullshit, Paypal is definitely faster than Bitcoin, it's pretty much instant. Bitcoin is indeed faster than bank transfer, but generally it can take a while until you get like 3+ confirmations on your transaction..

Paypal is faster to transfer their internal USD tokens but the actual payment takes some weeks, even months to finalize, and can be revoked. Bitcoin payments are usually finalized after 1-6 confirmations, can't be revoked after that. Still Bitcoin is slow, like this block yesterday that took 1.5 hr and you can't do nothing but wait.

[EastSound]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bullshit, Paypal is definitely faster than Bitcoin, it's pretty much instant. Bitcoin is indeed faster than bank transfer, but generally it can take a while until you get like 3+ confirmations on your transaction..

When the Paypal fully adopts the bitcoin, the bitcoin transaction through Paypal will also be instant.

[ASHLIUSZ]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bitcoin transaction are actually very fast. Instant. The thing that can make bitcoin slow are the confirmations. Which vary from 2 - 8 confirmation (this differs per company)

At a high level, a transaction is only confirmed when it is permanently included in the Bitcoin blockchain.

[quentincole32]

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

we dont need better coin,for me bitcoin already fast,its for payment,if i pay something when i buy something on online shop,i just need some seconds to get my services,like pay a bill. but for money transafer,yes i agree,bitcoin too slow.

[asriloni]

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

kindly try to sent bitcon from blockchain wallet to other wallet,and you can see its fast or slow,i think bitcoin tranaction have faster than other transaction,esspesially paypal or banks transafer. if you still thnk that bitcoin transaction too slow,check your wallet,or change to other wallet.

Bullshit, Paypal is definitely faster than Bitcoin, it's pretty much instant. Bitcoin is indeed faster than bank transfer, but generally it can take a while until you get like 3+ confirmations on your transaction..

When the Paypal fully adopts the bitcoin, the bitcoin transaction through Paypal will also be instant.

paypal still need confirmation from network,just like coinbase or bitpay API,paypal will DO this way so there's nothing "instant" word unless they are enabling 0 confirmation

[groll]

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

I don't believe that bitcoin is slow. Actually when I send my bitcoins to my blockchain wallet in less than a minute it is already transferred. But maybe you are not using blockchain wallet then there will be delays because other wallets need many confirmations. But for me it is fast, you may also change your wallet to blockchain to experience a much faster transaction.

[EastSound]

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

I don't believe that bitcoin is slow. Actually when I send my bitcoins to my blockchain wallet in less than a minute it is already transferred. But maybe you are not using blockchain wallet then there will be delays because other wallets need many confirmations. But for me it is fast, you may also change your wallet to blockchain to experience a much faster transaction.

Even though you can see the transaction within a few minutes, it will take some time to confirmation, depending on the network congestion.

[Bitcoin Brazil]

Slow?  When I bought my first bitcoin, everything went so quick and simple.... it took like 4 hours for the whole process. I was lucky to start a new wallet.

[Enotche]

Timeout Bitcoin-translation, using standard size of the commission, can take at this time is quite long vremya.Uvelichenie committee size can speed up your operation, but the transfer could still take more time than usual. It is not clear the reason for such a large load on the network, perhaps this is just another stress test Bitcoin network with a large number of small transactions. Similar problems once again raise the question of increasing the Bitcoin block size by which recently held a lot of heated debate.

[akogwapo14]

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

Transaction of bitcoin slow? I think not  it depends of how much you send for me bitcoin transaction is smooth and fast I already had my bitcoin in just a minute .

[TastyChillySauce00]

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

Transaction of bitcoin slow? I think not  it depends of how much you send for me bitcoin transaction is smooth and fast I already had my bitcoin in just a minute .

yeah maybe you're talking aboutr an unconfirmed balance which suddenly appear on your wallet after someone sending an exact amount of bitcoin but i guess OP talking about the confirmation because so many company which accept bitcoin need atleast 1 confirmation,sometimes it took about ~15 minutes

[Cresciuanto]

i do not thing so that bitcion is too slow i think it is the fasted crypto currency of the world. it is number one currency of the world. you can compare the price f the bitcoin with other crypto currencies. bitcoin is still on number in all crypto currencies. you can see the present price of the bitcoin.

[densuj]

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

Usualy transaction are too slow if price of bitcoin going down or up because there are many people who send bitcoin between markets or if fees for transaction are too low.

[EastSound]

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

Usualy transaction are too slow if price of bitcoin going down or up because there are many people who send bitcoin between markets or if fees for transaction are too low.

At this stage of the bitcoin development, it should concentrating attracting more people, so the fee should be lower.

[CoinFoxs]

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

Agreed !! Transaction in bitcoin are very slow it takes too much time, If this problem is solved then many people get their money on time and  use their money on time where they want to spend.

[Raimonn]

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

Agreed !! Transaction in bitcoin are very slow it takes too much time, If this problem is solved then many people get their money on time and  use their money on time where they want to spend.

I don't think that confirmation time is keeping out new users from using bitcoin. Have you tried bank transference, many people uses it, and its very slow from 1 to 3 days.