bitcoin transactions - Slow OR Fast

[OrangeII]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

[diegz]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

Nope, that's not the case, slow confirmation is happening now,I tried to send from my wallet to another and it's taking too long. it is not like before that it don't take much time even with small fee. It has nothing to do with altcoins or whatever that you are saying.

[bitkilo]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

Nope, that's not the case, slow confirmation is happening now,I tried to send from my wallet to another and it's taking too long. it is not like before that it don't take much time even with small fee. It has nothing to do with altcoins or whatever that you are saying.

If you only add the recommended fee then it is always going to be just chance that your transaction will be included in the next block but as long as the correct fee is added then most transactions will be included within the next 2 blocks.

Regarding the slow transaction you are currently experiencing it's hard to say what has caused it without seeing the txid but the mempool is not too full at the moment so i would say the it will confirm soon.

I have experienced a couple of slow transactions over the years that have taken a few hours to confirm but if you take into account all the transactions i have sent in that time it would only be a very small percentage that have been considered slow.

[Vaskiy]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

I too feel the same, bitcoin transactions were not slow as that described by many users. Its quite fast for me, since I've started using. Sometimes during large number of transactions happening at the same time and everyone paying good amount of transaction fee, the variation arises there. This causes a delay than the regular transaction time, for which we cannot say that bitcoin transactions were slow.

[Oralmat]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

I too feel the same, bitcoin transactions were not slow as that described by many users. Its quite fast for me, since I've started using. Sometimes during large number of transactions happening at the same time and everyone paying good amount of transaction fee, the variation arises there. This causes a delay than the regular transaction time, for which we cannot say that bitcoin transactions were slow.

Absolutely right, bitcoin transaction was not slow and now in this time. You are well said, a lot of number of transactions are working on the same time, this will be reason behind it for delay. Otherwise, it is not fair to say that bitcoin transaction were slow.   

[gandame]

although many say that the current bitcoin transaction has been slow because of the confirmation late, I still feel that bitcoin has a quick and easy transaction. Well, maybe altcoin also have a faster transaction. however, tended more online stores accept bitcoin than altcoin. so, I think bitcoin transaction is now very fast.

I too feel the same, bitcoin transactions were not slow as that described by many users. Its quite fast for me, since I've started using. Sometimes during large number of transactions happening at the same time and everyone paying good amount of transaction fee, the variation arises there. This causes a delay than the regular transaction time, for which we cannot say that bitcoin transactions were slow.

Yes I must agree with every ideas here and all i can say is all transaction i've done with bitcoin while receiving it through online wallet blockchain is really fast after payment was sent to me. It was just seldom to happen that slow or traffic of blockchain prior receiving bitcoin to online wallet, but most of all fast transaction always happened.

[jseverson]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

Yes there are some time transactions are very slow especially when you send low amount of transaction fess but in my experience all of my transactions are instant maybe 2-3 minutes.

[Doamader]

The last time i were going to make a transaction i had reduced a little bit the fee from the network sugestion, it went fast since i just dropped 3000 satoshis, anyway we all know the bigger the fee the fast the transaction will get confirmed. As long bitcoin keeps safe i dont mind to wait some minutes to hours to get my money in and out from anywhere.

[virasog]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

[klf]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment.

[Mbah Tyo]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment.

last night my friend sam send bitcoin I quickly within seconds has been entered, SO VERY NICE STAY NOW Bitcoin system development BIAR AGAIN MORE ADVANCED AND CAN BE APPLIED

[Harlot]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment.

last night my friend sam send bitcoin I quickly within seconds has been entered, SO VERY NICE STAY NOW Bitcoin system development BIAR AGAIN MORE ADVANCED AND CAN BE APPLIED

Yes the Bitcoin being sent to you will actually reflect on your account. But it won't be in your wallet until all the confirmations have been completed. It is like on hold on your wallet which you can't use it because it won't reflect along with all your Bitcoins. I would say that Bitcoin's transaction don't matter as long as you are not waiting for it to actuallu reflect on your account.

[cryptoanalyzer]

is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.

Well of course. That's one of the points of using Cryptocurrency so you don't have to pay cash on the table and instead use BTC while Sitting behind your phone or pc ordering what you desire.

[Ipwich]

is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.

Well of course. That's one of the points of using Cryptocurrency so you don't have to pay cash on the table and instead use BTC while Sitting behind your phone or pc ordering what you desire.

Transaction is fast if you choose to pay a higher fee and for sure even if it's slow sometimes, it can still be possible as for sure merchant will make a way to attract more market to profit. If it's possible in online stores then it will be possible in local stores.

[bitkilo]

is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.

Well of course. That's one of the points of using Cryptocurrency so you don't have to pay cash on the table and instead use BTC while Sitting behind your phone or pc ordering what you desire.

Transaction is fast if you choose to pay a higher fee and for sure even if it's slow sometimes, it can still be possible as for sure merchant will make a way to attract more market to profit. If it's possible in online stores then it will be possible in local stores.

Yes of course it would be possible for local merchant stores to accept bitcoin but it would not be practical for most.
A online currecy should be used online.

[Rienair]

These transactions are just based on fee's if they are going fast there is used most likely a high few and with a low fee its the opposite, logical right ?

[grandy]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment.

yes some time it really take a lot of time, this time must be reduce because some time when you want to buy some thing in open market and want to pay in bitcoin then it become difficult for you to wait while the shopkeeper insist for he payment, therefore the transaction time must be minimize.

[Zadicar]

A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.

yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster .

Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then,
But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients.
And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works.

For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment.

yes some time it really take a lot of time, this time must be reduce because some time when you want to buy some thing in open market and want to pay in bitcoin then it become difficult for you to wait while the shopkeeper insist for he payment, therefore the transaction time must be minimize.

This would still do because if a costumer pays of his bill then you can send it anytime and its okay already without the need of waiting because once bitcoin is transferred it cant be reversed and when the shopkeeper see the pending confirmation then its still okay but expect the confirmation times would be long.

[Ipwich]

Sometimes it is fast sometimes it is slow also,it depends upon the response of the network and the establishment  when you are transacting,it takes a little bit .But eventually most of my transactions i experience it more fast and accurate.

[bravehearth0319]

I think the Bitcoin transactions become slow because the date connection is slow most of the time or it depends on the location of the person. And if the  internet has a strong connection for sure the transaction is fast. This is what I encountered every I'm en cashing it.