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Author Topic: Love Fast BTC today!  (Read 5163 times)
Palodar
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February 11, 2017, 07:52:48 AM
 #61

Maybe you paid the right price for the transaction to be done faster or you didn't have a choice. Try to make it lower and you will feel the slowness of sending it again. There is no proof yet that the transactions are getting faster but I do hope it will also. It gets frustating sometimes even with slow amounts.

Because holiday season is over and that result to lower of bitcoin transaction around the globe, that is the main reason i see that cause so much traffic on bitcoin transaction that result to many query unconfirmed transaction, As you can experience nowadays, bitcoin confirmation is smooth even with standard fee, expect again slow transaction before or on holiday season comes.

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February 11, 2017, 08:12:48 AM
 #62

well, people will tend to be very pleased if everything goes according to what they think. like bitcoin today, when many problems occur, such as the number of transactions pending, people tend to panic. but when he returned to normal, the back of positive thinking. Well, I also like things like this, but whatever the case, I would probably still like bitcoin.

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February 11, 2017, 09:22:50 AM
 #63

Bitcoin transaction confirmation depends on the traffic of transactions and fees paid by the bitcoin users. In other words, bitcoin transaction confirmation model is dynamic and varies from time to time (period of confirmation). As of now, there are around 5,000 unconfirmed transactions (which is far better than the situation 10 days ago) but still, we cannot be sure that this situation will remain like this forever so this is one of the characteristics of it.
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February 11, 2017, 09:28:21 AM
 #64

it looks good to hear you love bitcoin Smiley
but I see here is no longer accumulate transactions for immediate confirmation and also hope that the problem no longer occurs at least can give you comfort bitcoin users in the world, one of the best trust bitcoin is fast transactions and it really true that we expect in the future

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February 11, 2017, 10:04:39 AM
 #65

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.
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February 11, 2017, 10:11:25 AM
 #66

sent some btc to yobit and the transaction was complete in 1 hour without any problem.Is it possible that transaction time differs region wise?May be we have fast transactions here in Asia due to low transactions volume
There is no region prioritizing in bitcoin. Blockchain doesn't care where your transaction originates from.
What matters for transaction to confirm faster is if fee/size ratio, if you include a hefty fee then your transaction should be confirmed in the next block.
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February 11, 2017, 10:42:56 AM
 #67

My transactions were so quick today, amazing feeling to send and receive BTC so smoothly.  Cheesy
I noticed that too and even when I apply small transaction fee to the sending amount it still sends and confirms as fast like it was before sending the same amount.
I do not know why it slowed down and even stopped the send to complete just a couple of days before. Undecided
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February 11, 2017, 10:47:56 AM
 #68

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.

Yeah, most people do not like the time of confirmation of bitcoin transactions. Because some people including myself have experienced quite a long time confirmation even I had to wait 2 hours for the first confirmation.

But I guess it was not too problematic as long as bitcoin fixed into the wallet. For me at the time wanted a quick just add the cost of the fee. Thank you
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February 11, 2017, 10:50:26 AM
 #69

Bitcoin transaction confirmation depends on the traffic of transactions and fees paid by the bitcoin users. In other words, bitcoin transaction confirmation model is dynamic and varies from time to time (period of confirmation). As of now, there are around 5,000 unconfirmed transactions (which is far better than the situation 10 days ago) but still, we cannot be sure that this situation will remain like this forever so this is one of the characteristics of it.

if the situation will stay better in future, i think we don't have to be worried when we want to send bitcoin to other wallet, i hope that the transaction will be fast confirming so there is no waiting time to long to see the completed confirmation. i am sure that there will be more than 1,000 transaction to be confirmed in a day but if the traffic is not busy and the blockchain is working good, then 1,000 transaction will be completed in short of time and it is good for bitcoin user itself.

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February 11, 2017, 10:53:15 AM
 #70

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.

Yeah, most people do not like the time of confirmation of bitcoin transactions. Because some people including myself have experienced quite a long time confirmation even I had to wait 2 hours for the first confirmation.

But I guess it was not too problematic as long as bitcoin fixed into the wallet. For me at the time wanted a quick just add the cost of the fee. Thank you

There is issue in confirmation time but that can be avoided if you pay higher fees and it would be done in few minutes as I have never faced any issue with delay in confirmation as every time I send or receive I make sure that it has been sent with the higher fees.
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February 11, 2017, 11:11:40 AM
 #71

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.

There is no such a thing as "having faster Bitcoin confirmations". You either include a proper fee and greatly increase your chances of having your transaction confirmed within 2 blocks, or you be stingy and include a poor fee where you may end up waiting for plenty of hours, till in some cases a whole day or more. But still, regardless of the fees, you are still depending on how frequent pools solve blocks at the time you send your transaction. You have to understand that micro/faucet transactions are mostly seen as spammy/dusty, and thus they mostly don't get picked up by pools, unless you make them pick it up due to a hefty fee.
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February 11, 2017, 11:34:57 AM
 #72

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.

There is no such a thing as "having faster Bitcoin confirmations". You either include a proper fee and greatly increase your chances of having your transaction confirmed within 2 blocks, or you be stingy and include a poor fee where you may end up waiting for plenty of hours, till in some cases a whole day or more. But still, regardless of the fees, you are still depending on how frequent pools solve blocks at the time you send your transaction. You have to understand that micro/faucet transactions are mostly seen as spammy/dusty, and thus they mostly don't get picked up by pools, unless you make them pick it up due to a hefty fee.


Well maybe you are right in giving a large amount of fee the faster some transaction would be and I think they would take the large amount first before the small once, but I wish this kind of transaction would be much faster in the near future because of the value of bitcoin right now I think that change will surely come in the way transaction would be deliver.
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February 11, 2017, 11:35:16 AM
 #73

now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

This is good news and we hope it stays this way and not mess up like a couple of weeks ago because one must important factor that drew some of us to Bitcoin was the fact that the transaction fees per transfer was low and it's confirmations were faster unlike recently.
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February 11, 2017, 11:42:09 AM
 #74

now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

it seems that the operator has to take measures to remedy. This is wonderful. it really fast. I like it that way. however, I was quite concerned when this happens again, the transaction will be interrupted again like a few days ago. it's worse when it happens. I was furious, I hope it will be solved thoroughly. I love Bitcoin
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February 11, 2017, 11:52:38 AM
 #75

now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink
Alot of improvement from what we have few days back. Even in prices, I will say I was depressed the way bitcoin price drop sharply after exchangers in china has meeting with people bank of china. Bitcoin price drop more than a hundred dollar and confirmation was slower than before. But today the price has gone up again hope to see more improvement.
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February 11, 2017, 12:19:52 PM
 #76

Yes it's great to have faster Bitcoin confirmations because the slow pace was driving my nerves crazy plus the division's it was creating by offering quicker confirmations for huger payments and slower confirmations for normal/slow transactions; all in all its good today.

Yeah, most people do not like the time of confirmation of bitcoin transactions. Because some people including myself have experienced quite a long time confirmation even I had to wait 2 hours for the first confirmation.

But I guess it was not too problematic as long as bitcoin fixed into the wallet. For me at the time wanted a quick just add the cost of the fee. Thank you

There is issue in confirmation time but that can be avoided if you pay higher fees and it would be done in few minutes as I have never faced any issue with delay in confirmation as every time I send or receive I make sure that it has been sent with the higher fees.

Is it possible that there are differences in fees for each transaction with same nominal? I never did bitcoin transactions in large amounts.

Blockchain pending transactions & uncomfirmed yesterday, I thought it was just a matter of panic because some wallet providers implement new fees, and some trade markets frozen temporarily (pause). Today, transaction smoothly after maintenance carried out by blockchain, and it affects the price of bitcoin.

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February 11, 2017, 03:05:36 PM
 #77

now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

In my experience here by doing trade in the market trading the exchange that I usually used was novaexchange, bittrex, and yobit, you don't need to wait long  before it confirms. And most of the time many of the unconfirmed transactions happened if the fee charge was very low sometimes it takes 2 to 3 days before it confirms in the blockchain.
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February 11, 2017, 03:13:55 PM
 #78

now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

In my experience here by doing trade in the market trading the exchange that I usually used was novaexchange, bittrex, and yobit, you don't need to wait long  before it confirms. And most of the time many of the unconfirmed transactions happened if the fee charge was very low sometimes it takes 2 to 3 days before it confirms in the blockchain.

Buddy normally it takes 20 to minutes to get confirmation to move to the trading site wallet but in recent it took more than 2 or 3 hours. So this news be great I guess. Again bitcoin transaction would faster like before. Thanks for the global mining team.
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February 12, 2017, 07:54:28 AM
 #79

Bitcoin transaction confirmation depends on the traffic of transactions and fees paid by the bitcoin users. In other words, bitcoin transaction confirmation model is dynamic and varies from time to time (period of confirmation). As of now, there are around 5,000 unconfirmed transactions (which is far better than the situation 10 days ago) but still, we cannot be sure that this situation will remain like this forever so this is one of the characteristics of it.

if the situation will stay better in future, i think we don't have to be worried when we want to send bitcoin to other wallet, i hope that the transaction will be fast confirming so there is no waiting time to long to see the completed confirmation. i am sure that there will be more than 1,000 transaction to be confirmed in a day but if the traffic is not busy and the blockchain is working good, then 1,000 transaction will be completed in short of time and it is good for bitcoin user itself.

At the time of writing this post, there are around 3,000 unconfirmed transactions and I think even if a transaction takes 24 hours to get confirmed, I will still prefer bitcoin as it will be faster and cheaper than other payment options on the international level. Using any other method would surely cost more charges than that of bitcoin so I think 24 hours is fine on the international level but it would be a headache for local transactions.
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February 12, 2017, 12:40:25 PM
 #80

It is right, bitcoin transaction wise very fast and easier way than others for us. Before bitcoin i was using Western Union, but it fee very high, and when i used bitcoin than it really give me easy and less fee to pay for amount transaction.   
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