Lowest transaction fee . How long can it take ?

[QuestionAuthority]

- blocksize arguments, insults, and philosophical rants -

- blocksize arguments, insults, and philosophical rants -

- blocksize arguments, insults, and philosophical rants -

Come on guys.

The OP is a newbie that just wants to know how to get his current transaction confirmed quickly. That's been dealt with by those that actually care about helping others and he has announced that the thread is closed.

There's no need to derail or continue this thread with your off-topic preaching.

Please take your little tiff elsewhere.

You're right. Sorry Danny. I'm out.

[croutonhexagon]

Bro It is Not Easy to Predict the time it takes to Confirm the Transaction Because Transaction Confirmation Depends on Many Factors like If You Provide High Fees Your Transaction  then Your Transaction will Confirm Fast.......

[HeroCat]

Longest transaction time you can expect up to 36 hours. But in practise up to 24 hours. This now is reality in BTC transactions. Of course if your BTC transfer fee is higher than average 0.0001 BTC, you can expect a little bit faster transfer times. 

[btcdevil]

It is upto that if you do transaction without paying fees or very less then after 24 hrs or above you will get refund of your transaction bitcoins as they wont get confirmation. some Minimum transaction bitcoins should be added so that they can confirm it, how much low you pay fees that much high time it will take to get confirmation.

[beerlover]

On localbitcoins there are no fees for transactions and it is processed faster

Well you can not really just simply use localbitcoins because you have to talk to your seller first before you actually agree on your transaction. And besides, there are multiple ways that you can transact.

[jostorres]

Bro It is Not Easy to Predict the time it takes to Confirm the Transaction Because Transaction Confirmation Depends on Many Factors like If You Provide High Fees Your Transaction  then Your Transaction will Confirm Fast.......

True, but you can give a pretty accurate estimation.
For example, with zero fees, you will likely never get a transaction confirmed, but with maximum enough fees, you will get a transaction confirmed within 1 block. There are lot of resources available for the estimation of current situation of optimal fees required to get into next available block.

[yayayo]

Longest transaction time you can expect up to 36 hours. But in practise up to 24 hours. This now is reality in BTC transactions. Of course if your BTC transfer fee is higher than average 0.0001 BTC, you can expect a little bit faster transfer times. 

Where did you pull that information from? I always had fast confirmation (< 1 hour) by paying standard fees. The reality is that the Bitcoin network is working just fine for all those who pay the small standard fee. Even for the stingy ones there is still a decent chance to achieve confirmation within a few hours. Please stop spreading misinformation.

I don't have much sympathy for people who demand fast confirmation for no fee transactions. Transaction fees are a necessity to avoid spam transactions that would render the network unusable. In future, transaction fees will become even more important, because they gradually replace block rewards as a source of income for miners.

ya.ya.yo!

[Supercrypt]

Longest transaction time you can expect up to 36 hours. But in practise up to 24 hours. This now is reality in BTC transactions. Of course if your BTC transfer fee is higher than average 0.0001 BTC, you can expect a little bit faster transfer times. 

Where did you pull that information from? I always had fast confirmation (< 1 hour) by paying standard fees. The reality is that the Bitcoin network is working just fine for all those who pay the small standard fee. Even for the stingy ones there is still a decent chance to achieve confirmation within a few hours. Please stop spreading misinformation.

I don't have much sympathy for people who demand fast confirmation for no fee transactions. Transaction fees are a necessity to avoid spam transactions that would render the network unusable. In future, transaction fees will become even more important, because they gradually replace block rewards as a source of income for miners.

ya.ya.yo!

The reality is that higher transaction fees can give you chances of faster transaction confirmations since you would possibly be moved up from the priority order. Simply looking at the tx confirmation formula, you will obviously see that transaction fee is a factor from it, although it's just one among the many others.

We get the fact that the network is working just fine for those who pay the standard fee. But there are also those who pay the standard fee and still experience low priority tx confirmation. Don't always only talk about your situation since the network doesn't revolve around you. Consider other people's situations as well.

[adriaymati58]

It can take forever, I highly suggest you don't send the transactions with anything more than 0.0001 BTC, I had to wait on a transaction for more than 48 hours to confirm (And technically sometimes it can even get cancelled). You even need more than 0.0001 if you spend some irregular inputs (multiple addresses etc...)

[ranochigo]

It can take forever, I highly suggest you don't send the transactions with anything more than 0.0001 BTC, I had to wait on a transaction for more than 48 hours to confirm (And technically sometimes it can even get cancelled). You even need more than 0.0001 if you spend some irregular inputs (multiple addresses etc...)

Stop spamming, you're wrong. The priority queue depends mostly on your fees/b. If you spend from two address in a transaction with an output, you can most likely get it confirmed within 24 hours or less. There's no such thing as transactions getting cancelled, you're referring transactions getting dropped out of mempool. This can be avoided with rebroadcasting and it will eventually confirm.
Usually, the time before getting a confirmation depends on your fees/b or kb and the network load. It is possible to pay 0BTC as fee but it would take a long time as the only thing it qualify is the free transaction which, given the network load is rather hard for it to be included into a block. Since miners have the last say, they can easily exclude your transaction for various reasons. When satoshidice was popular, some miners applied a patch to specifically exclude transactions associated with Satoshidice's address.

[trickshot22]

Longest transaction time you can expect up to 36 hours. But in practise up to 24 hours. This now is reality in BTC transactions. Of course if your BTC transfer fee is higher than average 0.0001 BTC, you can expect a little bit faster transfer times. 

if you dont include a fee at all the transaction might be not confirmed ever and be returned so i guess it is impossible to count the longest time

[crairezx20]

In my experience it takes 4 hours to 8 hours but sometimes even its low fee it takes 1 hour..
We dont know how long it can take if you are paying a fee for low price..