transactions are not going or very slow

[ggbitcoin000]

just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??

[1714825420]

1714825420

[1714825420]

1714825420

[1714825420]

1714825420

[1714825420]

1714825420

[unamis76]

What kind of fees did you set for your transactions? I've been having no problems lately.

[cryptohunter]

same for me sent 6 hours ago.....no confirms. Standard fee.

[onlinedragon]

same for me sent 6 hours ago.....no confirms. Standard fee.

Same issue here did Primedice withdraw 6 hours ago. Still there were 0 confirmation thought already this had something to do with the blockchain. Maybe there are extremely amounts of transactions and can't the blockchain handle it on time anymore.

[amacar2]

I have already deposited in yobit and exchanged my bitcoin without any delay. I think it took 25 minute for 2 confirmation with 20000 satoshi as fee to make it fast.

[alani123]

What wallet are you using? Perhaps your wallet isn't calcuating transaction fees correctly. If it set fees low your transactions will process more slowly.

[Kprawn]

I have done 3 transactions today on-chain and I used a slightly higher fee that were required as a minimum and it went through without delays. I think we might just have reached the volumes that the

Blockchain could handle in some of the blocks. The wallet providers can lift the fees, but if the blocks are full, no increased fee will help you to get it through quicker. I am checking the blocks as we

speak and it looks pretty congested at times..  I am still floating between being a small or big block supporter.. mby SegWit and the Lightning network will help me make up my mind. 

[matt4054]

See this thread for an explanation about the block chain jams...

[alyssa85]

When the price rises the network gets congested because everyone decides to send coins to exchanges.

You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

[matt4054]

When the price rises the network gets congested because everyone decides to send coins to exchanges.

You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

Yes, although aging coins car be difficult especially for newcomers buying from exchanges.

The stats show that it's still efficient to raise the fees to 50+ sat/B in order to "bypass" the queue to some extent, but this extra fee burden is probably not wanted in the long run, although this amount to politics in the end.

[Carlton Banks]

When the price rises the network gets congested because everyone decides to send coins to exchanges.

You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

I've been tempted to make this point myself recently, but I'm not sure how much practical difference it makes. I've been using a mixture of pretty old and pretty new outputs since the blocks finally started becoming full, and it was helping a few months ago. But today, I think most miners have altered the way they treat tx priority, in anticipation of the entire scheme being dropped in favour of a pure fee market to determine confirmation priority. Only anecdotal evidence though, I don't know for a fact if significant numbers of miners actually have changed priority treatment, it just appears that way.

[alani123]

When the price rises the network gets congested because everyone decides to send coins to exchanges.

You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

Yes, although aging coins car be difficult especially for newcomers buying from exchanges.

The stats show that it's still efficient to raise the fees to 50+ sat/B in order to "bypass" the queue to some extent, but this extra fee burden is probably not wanted in the long run, although this amount to politics in the end.

Does it really though? Your latest tweet is quite telling, a (>30 MB) unconfirmed transaction backlog (as of now ~24 Mb in my node) isn't something we see frequently. There was no backlog of that size in previous spikes too. Optimas fees to give transactions a high priority are still higher than 50+ sat/B but it's almost certainly not going to be like that in the long run, this has been the case with all mempool transaction spikes so far. It's also probable that someone is clogging the blockchain on purpuse now that the price is rising to make x side of this political arguement seem more valid.

[ontrackk]

i guess you just have to include higher fees than you do right now because more transactions are done

[carlisle1]

just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??

i think its in the wallet that you are using , maybe it has a problem why not try to some other wallets ?  you can go to blockchain and create your wallet there and maybe you can also use coinbase i think it up to good now . or if its not in your wallet i don't know what is the cause of that problem .

[Lauda]

No. The problem is you and the reason is:
Your fees are low.

same for me sent 6 hours ago.....no confirms. Standard fee.

There's no such thing as a standard fee. The recommended fee in satoshis/byte changes constantly.

[beastmodeBiscuitGravy]

The Core devs have dragged their feet long enough that blocks are completely full of fee-paying transactions.

We have now entered a phase where users enter a bidding war to use Bitcoin. There is no amount of fee that will actually increase throughput, it will only boot someone else's transaction out of that block. Paying more doesn't make the bus carry more riders.

Thankfully, there are alternatives to Bitcoin, and people will use them more and more after getting frustrated with BTC.

[alani123]

The Core devs have dragged their feet long enough that blocks are completely full of fee-paying transactions.

Not really.

We have now entered a phase where users enter a bidding war to use Bitcoin. There is no amount of fee that will actually increase throughput, it will only boot someone else's transaction out of that block. Paying more doesn't make the bus carry more riders.

It's a fee market and you get what you pay for.

Thankfully, there are alternatives to Bitcoin, and people will use them more and more after getting frustrated with BTC.

This is a weak arguement, bitcoin is the currency with the most active development and although the issues you talk about aren't as dramatic as you try to present them, several developers are actively working on addressing them. Altcoins don't exist without bitcoin.

[a7mos]

there are a lot of unconfirmed transactions on the network right now. (+18000 right now on blockchain.info)
so that is the reason you may face more delay in getting the first confirmation or you need to pay more fees

[Cuidler]

You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

I've been tempted to make this point myself recently, but I'm not sure how much practical difference it makes. I've been using a mixture of pretty old and pretty new outputs since the blocks finally started becoming full, and it was helping a few months ago. But today, I think most miners have altered the way they treat tx priority, in anticipation of the entire scheme being dropped in favour of a pure fee market to determine confirmation priority. Only anecdotal evidence though, I don't know for a fact if significant numbers of miners actually have changed priority treatment, it just appears that way.

Older coins make sence only with free transactions (the ones without a fee). Because not many free transactions are confirmed daily lately (few dozens daily), you should not hope for free transaction to be confirmed - and especially today when mempool is full of decent fee paying transactions. By the way, Bitcoin clients 0.12 and above just drops no fee transactions by default and not broadcast to other nodes at all.

If you set a fee and use old coins you only increase the chance for your transaction to be confirmed by very little because tx priority is mainly fee/size based, and just some miners add few free transactions where tx priority is based on age of inputs and Bitcoin amount regardless of fees.

[handsoff]

Isn't Bitcoin Core supposed to adjust fees in order to make transactions go through faster? Default payments I make take like 6 hours. And blockchain. info lists them as "high priority" "will be confirmed very soon"... what can I do about this?