bitcoin transactions - Slow OR Fast

[SmartIphone]

As long as you pay enough fees you haven't to worry much about if it gets confirmed or not.
But sometime when you are in hurry we are unlucky sometimes and the transaction may get delayed and not included in the first next blocks.

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[Mr.grin]

Well, a few days, I noticed an improvement in the speed of bitcoin transactions. perhaps because I do not really need the BTC when I sent it, so it was noticeably faster. but, sometimes when I really needed bitcoin, it seemed very long

[piloder]

Whenever i was depositing bitcoin in some casino or paying some merchants i usually attach higher fee so that it can get faster confirmation in other cases like when i was sending bitcoin from one address to another address which i will not be spending in next few days it is ok to get it confirmed after few hour so i try to save some bitcoin in fees.

[Bedebah]

every time I do a transaction bitcoin is always fast i wait 3 confirmation done, if slow it may be because your wallet try with other wallet

Yes sir, I think very quickly, before I knew bitcoin, I sent money via wire transfer, web money, paypal and so forth, all of which need verification for quite a while, but send and accept bitcoin in just 10 minutes.

[deppil]

every time I do a transaction bitcoin is always fast i wait 3 confirmation done, if slow it may be because your wallet try with other wallet

Lol of course it's not a problem, even if you send bitcoin from purse to purse an exchange or other types that do not give any effect, because it depends on block size, bitcoin transaction will be very quick if you want to add a transaction fee

[umar_alfaroq]

so, basically it is fast but not fast? does it really depend on the fee?

as far as i experienced paying with bitcoin takes seconds, once you scan QR code and then done. it said done but maybe the block is still not confirmed?

[bitkilo]

Well, a few days, I noticed an improvement in the speed of bitcoin transactions. perhaps because I do not really need the BTC when I sent it, so it was noticeably faster. but, sometimes when I really needed bitcoin, it seemed very long

Just like a kid waiting for Christmas, whenever you are waiting on something it always feels longer.
Still better than the banks, with them sometimes you can't even see the transaction for a few business days

[Rishabh riyz]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

[Akash1243]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

This is so wrong bitcoin transaction has nothing to do with your Internet speed,  it depends on how mood of miners really lol but usually if you send more fees it will get confirmed faster.

[ReLieD]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

This is so wrong bitcoin transaction has nothing to do with your Internet speed,  it depends on how mood of miners really lol but usually if you send more fees it will get confirmed faster.

Exactly . I agree with you . It depends on the fees paid by the user. The more he will pay the more faster you will receive.

[Rishabh riyz]

Exactly i also agree  ;)with you guys

[traderethereum]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

not really, its depend on the network traffic and if the network can handle many of transactions then i think for completing the transacting its less than 1 hour and i have many time to receive the bitcoin amount in less than 30 minutes.

[Positid]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

not really, its depend on the network traffic and if the network can handle many of transactions then i think for completing the transacting its less than 1 hour and i have many time to receive the bitcoin amount in less than 30 minutes.

That's normal and I get used to it already, like now, I receive my money in less than 5 minutes and just right in time when I needed my money.

[grandy]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

This is so wrong bitcoin transaction has nothing to do with your Internet speed,  it depends on how mood of miners really lol but usually if you send more fees it will get confirmed faster.

yes that is right to say it really do not depend on the internet speed but depend one your transaction fee, if you pay a little high fee for transaction then your transaction will be too fast.

[akar87]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

This is so wrong bitcoin transaction has nothing to do with your Internet speed,  it depends on how mood of miners really lol but usually if you send more fees it will get confirmed faster.

yes that is right to say it really do not depend on the internet speed but depend one your transaction fee, if you pay a little high fee for transaction then your transaction will be too fast.

for me bitcoin transaction is fast. because i always use pay the transactions higher.

[whizter]

See bitcoin transactions depends upon the speed of youe internet
But usually it takes upto 1 hour
 

not really, its depend on the network traffic and if the network can handle many of transactions then i think for completing the transacting its less than 1 hour and i have many time to receive the bitcoin amount in less than 30 minutes.

i think it also depend on transaction fee, if you pay more then the transaction will be faster than you if you pay a minimum fee. but it also a fact that the transaction also depend on network traffic.

[umar_alfaroq]

normally it takes not more than 10 minutes per transaction to be completed. or else you are not paying the transaction fee high enough

[aolley]

I think for btc to be taken in stores some sort of second layer or 0-conf insurance needs to happen. But it's not too hard to imagine some sort of btc-standard behind your credit card money, though there are so many possibilities along those lines we get into much smallbase conjecture.

[agamasrori]

normally it takes not more than 10 minutes per transaction to be completed. or else you are not paying the transaction fee high enough

But if we compare it with world wide bank transaction, bitcoin is still faster than it. If we use bank system its really difficault, not practicaly and the fee is really high. So I think bitcoin transaction is fast enough.

[umar_alfaroq]

normally it takes not more than 10 minutes per transaction to be completed. or else you are not paying the transaction fee high enough

But if we compare it with world wide bank transaction, bitcoin is still faster than it. If we use bank system its really difficault, not practicaly and the fee is really high. So I think bitcoin transaction is fast enough.

Yes exactly, i wasn't complaining though, and totally agree with you. the bank transaction sucks especially on overseas and international transactions. it's just, complicated.