bitcoin transactions - Slow OR Fast

[Qunenin]

Fast,

Oh really.? Didn't know that.

The thing is customer have to wait till the seller gets at least 1 confirmation. And that will take some time. So finding a way to make that fast is a riddle to solve. 

I suggest to use Hash as a proof of payment. Hash is generated as soon as the transaction is done and so we do not have to wait for 1 confirmation which may take 10 mins to 1 hour in some cases if the fee has been adjusted too low. Using Hash will solve lots of problem which arises while waiting for 1 confirmation in most cases.

[ethereumhunter]

I think that bitcoin transactions are so fast. In simple banks transactions might be very slow.

In the past I would agree with you.
I usually needed just a few hours for bitcoin transaction confirmation and usually 2-3 working days for bank transaction.
Last weeks I usually waiting 1-2 working days for bitcoin transaction confirmation so, it seems, bitcoin is not any more faster than bank wire
I really hope it will change soon.

Probably that because the traffic is really high. I am sure that will be fixed soon. Japan will realease 5g internet technology, probably it will help bitcoin transaction faster. Also I am sure that there are some developer who advance the hash rate of bitcoin to be faster.
Waiting for 1 -  2 days for bitcoin transaction is so rare, I usualy only wait in less than 15 minute.

i am sure it will be fixed and bitcoin transaction time can work with fast confirming but now i think it too slow because there much of transaction that need to confirmed and we need to wait little longer. but i don't have experience for waiting for 1 or 2 days, i think the longest time that i am waited is for about 2 hours until 3 hours and it makes me gets bored to waiting.

[Mastsetad]

Fast,

Oh really.? Didn't know that.

The thing is customer have to wait till the seller gets at least 1 confirmation. And that will take some time. So finding a way to make that fast is a riddle to solve. 

The better fees you pay the less time it will take to confirm your transaction. So if you want your transaction to get confirmed quite early then you will have to leave being a miser and pay some good fees so that you don't need to wait a lot for your transaction to get confirmed.

[Ewinsane]

iam use blockchain.info
transaction if very slow, altchough fee standard sending in blockchain without reduce fee,
without setting in sending fee but still slow transaction

Well maybe it's slow....

i do not think that bitcoin transaction is slow because i using bitcoin and i think bitcoin transaction is very much stronger than other transaction service and maximum people like the fast transaction of bitcoin and prefer it to other people.

[shinratensei_]

Fast,

Oh really.? Didn't know that.

The thing is customer have to wait till the seller gets at least 1 confirmation. And that will take some time. So finding a way to make that fast is a riddle to solve. 

Wrong, totally all of that isn't depending on the minimum confirmation, At least if the block can validate a lot of the transaction in one time and it will be faster to get your confirmation, the limit of confirmation just to avoid the double spend. It's like a legality of your transaction and the seller will receive your money. it was including on the blocksize debate. It will get solve soon if the core was interesting for doing a simple hardfork about increasing the blocksize.
But that's having risks.

[sportis]

I think that bitcoin transactions are so fast. In simple banks transactions might be very slow.

In the past I would agree with you.
I usually needed just a few hours for bitcoin transaction confirmation and usually 2-3 working days for bank transaction.
Last weeks I usually waiting 1-2 working days for bitcoin transaction confirmation so, it seems, bitcoin is not any more faster than bank wire
I really hope it will change soon.

Oh is that true? Sorry I can't believe something like that. I would like to see your transaction id (txid). So I can see the transaction fees. If you send very low fees the most usual case is that after 72 hours coins would be back in your wallet. Last months blocks are almost full so if  you don't pay the fees unhappy miners they will not put your transaction into their blocks and you will not spend your coins or you will wait if you are lucky for hours.  

Probably that because the traffic is really high. I am sure that will be fixed soon. Japan will realease 5g internet technology, probably it will help bitcoin transaction faster. Also I am sure that there are some developer who advance the hash rate of bitcoin to be faster.
Waiting for 1 -  2 days for bitcoin transaction is so rare, I usualy only wait in less than 15 minute.

There is nothing to do if cellular/mobile network is 3/4/5G. All are fees depended from transaction size and traffic in the network of nodes and some other factors like as whether spend from other outputs and if have already confirmed. That means some times of the day you will pay fewer sat/byte because of the network traffic

[shinratensei_]

I think that bitcoin transactions are so fast. In simple banks transactions might be very slow.

In the past I would agree with you.
I usually needed just a few hours for bitcoin transaction confirmation and usually 2-3 working days for bank transaction.
Last weeks I usually waiting 1-2 working days for bitcoin transaction confirmation so, it seems, bitcoin is not any more faster than bank wire
I really hope it will change soon.

Oh is that true? Sorry I can't believe something like that. I would like to see your transaction id (txid). So I can see the transaction fees. If you send very low fees the most usual case is that after 72 hours coins would be back in your wallet. Last months blocks are almost full so if  you don't pay the fees unhappy miners they will not put your transaction into their blocks and you will not spend your coins or you will wait if you are lucky for hours.  

Probably that because the traffic is really high. I am sure that will be fixed soon. Japan will realease 5g internet technology, probably it will help bitcoin transaction faster. Also I am sure that there are some developer who advance the hash rate of bitcoin to be faster.
Waiting for 1 -  2 days for bitcoin transaction is so rare, I usualy only wait in less than 15 minute.

There is nothing to do if cellular/mobile network is 3/4/5G. All are fees depended from transaction size and traffic in the network of nodes and some other factors like as whether spend from other outputs and if have already confirmed. That means some times of the day you will pay fewer sat/byte because of the network traffic

The other important thing if the spamming transaction will be deprioritizing your transaction although you were already put the highest fees. but I should be agreed with you for all, the delliaerd's answer is no sense.

[Gameroid]

I think that bitcoin transactions are so fast. In simple banks transactions might be very slow.

In the past I would agree with you.
I usually needed just a few hours for bitcoin transaction confirmation and usually 2-3 working days for bank transaction.
Last weeks I usually waiting 1-2 working days for bitcoin transaction confirmation so, it seems, bitcoin is not any more faster than bank wire
I really hope it will change soon.

Oh is that true? Sorry I can't believe something like that. I would like to see your transaction id (txid). So I can see the transaction fees. If you send very low fees the most usual case is that after 72 hours coins would be back in your wallet. Last months blocks are almost full so if  you don't pay the fees unhappy miners they will not put your transaction into their blocks and you will not spend your coins or you will wait if you are lucky for hours.  

Probably that because the traffic is really high. I am sure that will be fixed soon. Japan will realease 5g internet technology, probably it will help bitcoin transaction faster. Also I am sure that there are some developer who advance the hash rate of bitcoin to be faster.
Waiting for 1 -  2 days for bitcoin transaction is so rare, I usualy only wait in less than 15 minute.

There is nothing to do if cellular/mobile network is 3/4/5G. All are fees depended from transaction size and traffic in the network of nodes and some other factors like as whether spend from other outputs and if have already confirmed. That means some times of the day you will pay fewer sat/byte because of the network traffic

yes there are so many reasons of slow transaction of bitcoin, but i think it is necessary to solve that problem because without solving this problem bitcoin image will be effecting more. therefore i think this problem must be solve soon.