PokerFace3
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February 12, 2017, 12:49:18 PM |
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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.
Still I need to pay 35k+ satoshi per KB for a definite confirmation in next 2 or 4 blocks. I remember we had the practice of paying around 10 cents per KB then it would be only 10k satoshi with respect to current prices of bitcoins. Really I am dreaming of 1 satoshi per transactions as I have some dust amounts of bitcoins from some faucets unmoved waiting for better tx fees.
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veleten
Legendary
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Activity: 2016
Merit: 1107
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February 12, 2017, 01:04:34 PM |
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instead of guessing on how long your transaction will take to get confirmed use this site https://bitcoinfees.21.co/ to fully understand how bitcoin fees work and what to do to increase your chances to get confirmed faster,within 2-3 blocks https://blockchain.info/en/unconfirmed-transactions here one can see the number of unconfirmed transactions in real time,can also be used to estimate how long would your transaction take if you don't send a higher fee
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ReLieD
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February 12, 2017, 03:54:52 PM |
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I never had any transaction problem but once and that to I took 5 hrs to confirm. Now when I make payment it confirms very quickly which is very good. So now I don't have to wait much before using the thing I have purchased. Like if I have purchased a game , as soon as my transaction gets confirmed. I can play that game. So it's good to hear that the transactions are pretty fast now.
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MoneyIsDebt
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February 12, 2017, 03:56:05 PM |
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It is right, transaction wise very fast and easier way than others for us. Before i was using Western Union, but it fee very high, and when i used than it really give me easy and less fee to pay for amount transaction.
yeah i think is really very fast and cheap from other transections sites ..... paypal or western union i think is way better than them........
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BrewMaster
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Activity: 2128
Merit: 1293
There is trouble abrewing
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February 12, 2017, 04:28:19 PM |
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there is always an end to every spam attack on the network. our luck is that when they start spam attack it will cost them and this cost is also increasing with the amount of fees which means the more they do it they also have to increase the fees they pay too. so it certainly can not go on forever.
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There is a FOMO brewing...
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CryptoVzla
Sr. Member
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Activity: 560
Merit: 290
www.thegeomadao.com
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February 12, 2017, 07:30:54 PM |
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It has something to do with SegWit implementation? more miners turned on SegWit this week?
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DXB2017 (OP)
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February 12, 2017, 07:44:50 PM |
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instead of guessing on how long your transaction will take to get confirmed use this site https://bitcoinfees.21.co/ to fully understand how bitcoin fees work and what to do to increase your chances to get confirmed faster,within 2-3 blocks https://blockchain.info/en/unconfirmed-transactions here one can see the number of unconfirmed transactions in real time,can also be used to estimate how long would your transaction take if you don't send a higher fee Thanks for urls man. its realyl help since i see last few days when i transfer from my iph blockchain wallet to livecoin excnhage to buy credibit its was fast..but when i transfer from bloombit exchnage to livecoin exchnage and fee there is only 0.00001 transfer need over 12h..WTF
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Yakamoto
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Activity: 1218
Merit: 1007
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February 12, 2017, 07:51:40 PM |
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It's probably been something like a few days since the last spam attack we had happening, glad to see the queue is smaller and most of the transactions have been resolved.
It's a shame we end up experiencing spam attacks so often, however I would say that it luckily is a bit more broken up than it otherwise could be.
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Viviyang
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February 14, 2017, 08:43:56 AM |
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instead of guessing on how long your transaction will take to get confirmed use this site https://bitcoinfees.21.co/ to fully understand how bitcoin fees work and what to do to increase your chances to get confirmed faster,within 2-3 blocks https://blockchain.info/en/unconfirmed-transactions here one can see the number of unconfirmed transactions in real time,can also be used to estimate how long would your transaction take if you don't send a higher fee Thanks for urls man. its realyl help since i see last few days when i transfer from my iph blockchain wallet to livecoin excnhage to buy credibit its was fast..but when i transfer from bloombit exchnage to livecoin exchnage and fee there is only 0.00001 transfer need over 12h..WTF So it is much clear that if you pay the sufficient or higher fees for the transaction to get confirmed soon, other wise wait for long time to get confirmation.
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Zadicar
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Activity: 1526
Merit: 1025
DGbet.fun - Crypto Sportsbook
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February 14, 2017, 01:21:10 PM |
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instead of guessing on how long your transaction will take to get confirmed use this site https://bitcoinfees.21.co/ to fully understand how bitcoin fees work and what to do to increase your chances to get confirmed faster,within 2-3 blocks https://blockchain.info/en/unconfirmed-transactions here one can see the number of unconfirmed transactions in real time,can also be used to estimate how long would your transaction take if you don't send a higher fee Thanks for urls man. its realyl help since i see last few days when i transfer from my iph blockchain wallet to livecoin excnhage to buy credibit its was fast..but when i transfer from bloombit exchnage to livecoin exchnage and fee there is only 0.00001 transfer need over 12h..WTF So it is much clear that if you pay the sufficient or higher fees for the transaction to get confirmed soon, other wise wait for long time to get confirmation. Pay the average fee or even higher for your transaction would be prioritize by the miners and as you said the lower the fess the longer the wait on confirming your tx. Regarding on bitcoin price movement i could say that there are really times that there are lots of unconfirmed transactions.
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target
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Merit: 1041
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February 14, 2017, 01:37:51 PM |
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An hour is alot quicker than before so it has improved so far. I was in the nnee to cash out hours ago because I need to oay something so I sent some to a bank and took an hour.
if it could take instantly the better. Its what everyone's need for bitcoin to be used on an ATM machines.
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noodle_dam
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February 14, 2017, 01:39:31 PM |
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It is sending and moving coins fast now isn't it?
As soon as it hits the blockchain it is off and going now. Was LN implemented yet?
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mace15
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February 14, 2017, 03:08:03 PM |
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When sending soME BTC it will conrfirm so fast. It takes a minutes to confirm the BTC as it depends on the amount you have and it will confirm so fast.
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CryptoVzla
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www.thegeomadao.com
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February 16, 2017, 01:06:48 AM |
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It's probably been something like a few days since the last spam attack we had happening, glad to see the queue is smaller and most of the transactions have been resolved.
It's a shame we end up experiencing spam attacks so often, however I would say that it luckily is a bit more broken up than it otherwise could be.
what do you mean with spam? like people (or someone) making microTx to overload the network?
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Xester
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February 16, 2017, 01:10:52 AM |
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It has something to do with SegWit implementation? more miners turned on SegWit this week?
I thought segwit is already dead. Segwit requries 95% consensus out of the total population of the miners around the globe. At this point of time segwit has already made 25% consensus and it is far away from the 95% target. Will segwit really move on to the next level and be adopted by the miners or it will just die before it will be implemented. It is unclear but I dont like to support instead I prefer that all miners just agree to the 8mb block size increase.
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CryptoVzla
Sr. Member
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Activity: 560
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www.thegeomadao.com
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February 17, 2017, 03:05:40 PM |
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It has something to do with SegWit implementation? more miners turned on SegWit this week?
I thought segwit is already dead. Segwit requries 95% consensus out of the total population of the miners around the globe. At this point of time segwit has already made 25% consensus and it is far away from the 95% target. Will segwit really move on to the next level and be adopted by the miners or it will just die before it will be implemented. It is unclear but I dont like to support instead I prefer that all miners just agree to the 8mb block size increase. But 8mb blocksize will not be much?.. A Qt will take forever to sync, i think miners just have to give a chance to SegWit. Or just try out in LTC to see how it works
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Blitzboy
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February 17, 2017, 03:18:11 PM |
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It's probably been something like a few days since the last spam attack we had happening, glad to see the queue is smaller and most of the transactions have been resolved.
It's a shame we end up experiencing spam attacks so often, however I would say that it luckily is a bit more broken up than it otherwise could be.
what do you mean with spam? like people (or someone) making microTx to overload the network? Yeah I think he meant that. There are millions spam transactions on the Blockchain we still not know how to deal with it. It has made a lot of troubles including slowing the confirmation.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 17, 2017, 03:23:59 PM |
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I thought segwit is already dead. Segwit requries 95% consensus out of the total population of the miners around the globe. At this point of time segwit has already made 25% consensus and it is far away from the 95% target. Will segwit really move on to the next level and be adopted by the miners or it will just die before it will be implemented. It is unclear but I dont like to support instead I prefer that all miners just agree to the 8mb block size increase.
I think the most logical step would be to lower the support percentage required to reach consensus among pools. But even if so, then it will still be difficult to reach the adjusted target. It's mind boggling how pools are holding back Bitcoin's growth with all their nonsense. Supporting Segwit is the only right decision. If you support anything other than Segwit, you're basically supporting an outside entity to force through their potentially poisonous way of handling/thinking.
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blackhawkeye1912
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February 17, 2017, 08:05:31 PM |
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There is time when Bitcoin transaction is fast and there are times it is not. But one thing I noticed, transaction sent in electrum wallet confirms faster. This maybe because of the dynamic fee option where we can send bitcoin without worrying the fee since it adjust to the latest minimum fee to make our transaction confirmed faster.
I agreed on this matter, Electrum is fast as long as the fee is in moderate level. But never adjust the in electrum at the lowest rate because it will surely your transaction will delay the unconfirmed and if that it will take 48 hours before it confirms. Because the higher fee you make is the higher fees priority
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Roboabhishek
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February 17, 2017, 08:15:06 PM |
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I think it's because the issue blockchain was having in past has been fixed and now transactions are confirmed very fast. Let's see if this happen again in future.
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