Please refrain from depositing from Blockchain.info if you want fast deposits

[harizen]

We can set the fee on blockchain as we wish, cant we? Means that if we want to get faster transaction so we need to set higher fee.

What if most of the people will do that? Do you think it will still goes to a "fast transaction"?

Setting high fees doesn't mean you will get a fast confirmation but rather you are increasing the chance that you will be on the priority list. Since there are people who also sets a much higher fees than usual, the line of priority list is just getting longer so nothing to do but wait even you applied a much higher fees.

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[Kakmakr]

We can set the fee on blockchain as we wish, cant we? Means that if we want to get faster transaction so we need to set higher fee.

What if most of the people will do that? Do you think it will still goes to a "fast transaction"?

Setting high fees doesn't mean you will get a fast confirmation but rather you are increasing the chance that you will be on the priority list. Since there are people who also sets a much higher fees than usual, the line of priority list is just getting longer so nothing to do but wait even you applied a much higher fees.

Visualize this : You have a queue system, where you pay a fee to stand in the queue. The higher fee you pay, the better chance you have to advance to the front. The rich people will be helped first and the poor people will have to wait. Is this really what we want for Bitcoin?

If everyone starts paying higher fees, then there are still only one queue with the same capacity and everyone will be waiting. ^hmmmmmm^

[Dmtripp27]

I have 2 questions:

Question 1: I use blockchain.info for my wallet how do you adjust fees?

Questions 2: How else do you send btc besides through blockchain?

[Slark]

I have 2 questions:

Question 1: I use blockchain.info for my wallet how do you adjust fees?

Questions 2: How else do you send btc besides through blockchain?

1. As far as I know you can set transaction fees manually anymore. New HD Blockchain.info will take care of it and automatically choose the best possible (lowest) fee.

2. If by "blockchain" you are referring to blockchain.info then you need to know that this isn't the only Bitcoin wallet available. It is one of many online bitcoin wallets.
There are also software wallets, by many considered more secure and safe option than keeping your coins in online wallet. For example you can use: Electrum, MultiBit HD, Armory.

[Red-Apple]

I have 2 questions:

Question 1: I use blockchain.info for my wallet how do you adjust fees?

Questions 2: How else do you send btc besides through blockchain?

1. As far as I know you can set transaction fees manually anymore. New HD Blockchain.info will take care of it and automatically choose the best possible (lowest) fee.

2. If by "blockchain" you are referring to blockchain.info then you need to know that this isn't the only Bitcoin wallet available. It is one of many online bitcoin wallets.
There are also software wallets, by many considered more secure and safe option than keeping your coins in online wallet. For example you can use: Electrum, MultiBit HD, Armory.

1. you can still set fees in the new interface too. it is a simple button at the bottom of the page where you set receiving address and amount, you click it and then set any fee you want.

2. these wallets aren't "more secure" on their own, you can be running any of these on a compromised computer (a system with a keylogger for instance) and lose all your funds.
the most secure way is a cold storage that is done right.

[adaseb]

I have 2 questions:

Question 1: I use blockchain.info for my wallet how do you adjust fees?

Questions 2: How else do you send btc besides through blockchain?

1. As far as I know you can set transaction fees manually anymore. New HD Blockchain.info will take care of it and automatically choose the best possible (lowest) fee.

2. If by "blockchain" you are referring to blockchain.info then you need to know that this isn't the only Bitcoin wallet available. It is one of many online bitcoin wallets.
There are also software wallets, by many considered more secure and safe option than keeping your coins in online wallet. For example you can use: Electrum, MultiBit HD, Armory.

1. you can still set fees in the new interface too. it is a simple button at the bottom of the page where you set receiving address and amount, you click it and then set any fee you want.

2. these wallets aren't "more secure" on their own, you can be running any of these on a compromised computer (a system with a keylogger for instance) and lose all your funds.
the most secure way is a cold storage that is done right.

I can confirm that the default fee with blockchain iOS app is definately nowhere near the https://bitcoinfees.21.co/ average for fast confirmation.

Basically its almost less than half that and depending how lucky you are it might take 1 or 2 days to confirm. And many new people never use higher fees because it always warns them that the higher fee isn't necessary and it should confirm right away within the hour but that's not true.

They really need to fix this or get some other way of calculating how the fees should be calculated. Imagine buying something at a store and having to wait 24 hours until you get your item.

[piebeyb]

if i use blockchain before sending bitcoin I need to see the link below

https://blockchain.info/unconfirmed-transactions

if I see around 40k transactions unconfirmed better I postpone my transactions until really it was only 20k Unconfirmed transactions will be easier because my transaction immediately confirmed

one more note, I also often notice miner machine that is really active on this image


if I've seen Viabtc, btccpool,bw.com and some tools mining major also seen there of course I will do a transaction to send bitcoin me, so in my opinion is not wrong to use the wallet blockchain moreover should use Fee large transactions, in some time, I often do not see them miners miners large inactive, so only a few small miners to find the block it is not too soon

[puremage111]

Yeap, agree on this. The deposits are slow


Yesterday i wanted to deposit $10 to bitsler site.


I even sent extra $0.27 as fee compare to previously when i just add $0.14 (Of course due to the price of btc raising) Still, with 70 satoshi per bytes, it takes hours to reach bitsler for 1 confirmation.

And i check on the bitcoin fee site, the ideal fee to sent is 140satoshi per byte when the transaction size for me is 366 yesterday.

Not sure if the fees is too small for the miners to accept or there's lesser miners in the pool now

[googlebtc]

I think it is actually easy to overcome is to realize many gambling sites that will not hurt them to add deposit their users without having to wait 1 or 3 confirmation transaction bitcoin, I think it also has to start from gambling sites to accept deposits users with zero confirmation

[piebeyb]

I think it is actually easy to overcome is to realize many gambling sites that will not hurt them to add deposit their users without having to wait 1 or 3 confirmation transaction bitcoin, I think it also has to start from gambling sites to accept deposits users with zero confirmation

I agree with you to solve this problem should also need to be conscious of the owners of gambling sites and good cooperation with users to resolve problems on the full transaction in some time, at least they could be able to start receiving zero transaction confirmation bitcoin when their users make a deposit without had to wait a long time, but I've found it here
https://bitcointalk.org/index.php?topic=1616139.msg17797841#msg17797841

[BTCevo]

Yeap, agree on this. The deposits are slow


Yesterday i wanted to deposit $10 to bitsler site.


I even sent extra $0.27 as fee compare to previously when i just add $0.14 (Of course due to the price of btc raising) Still, with 70 satoshi per bytes, it takes hours to reach bitsler for 1 confirmation.

And i check on the bitcoin fee site, the ideal fee to sent is 140satoshi per byte when the transaction size for me is 366 yesterday.

Not sure if the fees is too small for the miners to accept or there's lesser miners in the pool now

Actually deposit does not really matter to me, as long as they have some notification on their site I am sure it will always get some confirmation but when it comes to withdrawal it needs to be fast because if it is not fast people will think this is a scam. This is an usual problem, that is why usually I always used higher fee so it will instant

[Palodar]

Yeap, agree on this. The deposits are slow


Yesterday i wanted to deposit $10 to bitsler site.


I even sent extra $0.27 as fee compare to previously when i just add $0.14 (Of course due to the price of btc raising) Still, with 70 satoshi per bytes, it takes hours to reach bitsler for 1 confirmation.

And i check on the bitcoin fee site, the ideal fee to sent is 140satoshi per byte when the transaction size for me is 366 yesterday.

Not sure if the fees is too small for the miners to accept or there's lesser miners in the pool now

Actually deposit does not really matter to me, as long as they have some notification on their site I am sure it will always get some confirmation but when it comes to withdrawal it needs to be fast because if it is not fast people will think this is a scam. This is an usual problem, that is why usually I always used higher fee so it will instant

yeah right, people always think that if the withdrawal process is very slow, it is a scam, but in real talk, there is no need to judge that immediately if the site provide TXID to track the withdrawal process just like on bitsler. But if the site didn't provide TXID, that is the best time to think about that the site is a scam site.

[babsalt1975]

Bitcoin transactions have been very slow of late, and it does not apply to blockchain only. Even other wallets are experiencing the same even if you set higher fees. Blockchain is the best because you will set your own fees unlike some wallets which preset the fees for you - mostly high.