Egad. 81,000 + Transactions Unconfirmed. Again. Ugh!

[Betwrong]

there is one tricky way to lower your transaction fee on your sending, and it was always overlooked here

simply use a different wallet for every transaction, and avoid making transaction too big, the cost will remain at the minimum which will be equal to the average, right now still a bit high 40k satoshi

I'll try to use your advice next time, tnx. But would you be so kind to explain what do you mean by "avoid making transaction too big"?

And one more thing. Can we control the number of inputs using an online wallet? I think we can't unfortunately and that's why sometimes we find ourselves in situations like I was recently. I paid a decent fee for my transaction but the other guy(second input) paid nothing and the transaction was stuck for over 30 hours. Is there a way to prevent this from happening?

[1715282326]

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[Amph]

there is one tricky way to lower your transaction fee on your sending, and it was always overlooked here

simply use a different wallet for every transaction, and avoid making transaction too big, the cost will remain at the minimum which will be equal to the average, right now still a bit high 40k satoshi

I'll try to use your advice next time, tnx. But would you be so kind to explain what do you mean by "avoid making transaction too big"?

And one more thing. Can we control the number of inputs using an online wallet? I think we can't unfortunately and that's why sometimes we find ourselves in situations like I was recently. I paid a decent fee for my transaction but the other guy(second input) paid nothing and the transaction was stuck for over 30 hours. Is there a way to prevent this from happening?

there are imput and output when you send your transaction, a transaction size is determinated by how many imput and output are added to it

by using a new wallet that only have one address, every time you need to spend, you have not added any imput or output because that wallet is brand new every time, and that address is used only one time

[sherlock_h]

Finally! The tool worked for me, thanks @Slark and others

[bitcampaign]

I see many miners are not active for 24 hours and maybe they will come up when the morning enjoy an additional fee piled up

[Pursuer]

there is one tricky way to lower your transaction fee on your sending, and it was always overlooked here

simply use a different wallet for every transaction, and avoid making transaction too big, the cost will remain at the minimum which will be equal to the average, right now still a bit high 40k satoshi

I'll try to use your advice next time, tnx. But would you be so kind to explain what do you mean by "avoid making transaction too big"?

And one more thing. Can we control the number of inputs using an online wallet? I think we can't unfortunately and that's why sometimes we find ourselves in situations like I was recently. I paid a decent fee for my transaction but the other guy(second input) paid nothing and the transaction was stuck for over 30 hours. Is there a way to prevent this from happening?

also another way which you may already be using is that you can start using "compressed private keys" which most new wallets are now using. these private keys start with "K" or "L"" and when you make a transaction, the signature they create is slightly smaller than the "uncompressed" private keys starting with "5" making your fees a tiny bit cheaper.

[Sniper44]

i think it is best that instead of making new topics with titles saying there are X number of unconfirmed transactions we need to start making topics talking about solutions and how to force those solutions on miners.

otherwise we talking about thousands of transactions being unconfirmed is not constructive.

[bryant.coleman]

Right now, it has declined to 71,000+. This is definitely not good for the popular adoption of Bitcoin. What this situation essentially means is that if you are paying a smaller transaction fee, then you may need to wait for one or two days for the transaction to get confirmed. A logical solution could have been to increase the block size to 8MB, through a hard fork. But some shady people with questionable intentions are blocking this move.

[pedrog]

Is the lack of on chain scaling killing other business models like colored coins?

These systems make micro transactions, are they still viable?

[sportis]

there is one tricky way to lower your transaction fee on your sending, and it was always overlooked here

simply use a different wallet for every transaction, and avoid making transaction too big, the cost will remain at the minimum which will be equal to the average, right now still a bit high 40k satoshi

I'll try to use your advice next time, tnx. But would you be so kind to explain what do you mean by "avoid making transaction too big"?

And one more thing. Can we control the number of inputs using an online wallet? I think we can't unfortunately and that's why sometimes we find ourselves in situations like I was recently. I paid a decent fee for my transaction but the other guy(second input) paid nothing and the transaction was stuck for over 30 hours. Is there a way to prevent this from happening?

there are imput and output when you send your transaction, a transaction size is determinated by how many imput and output are added to it

by using a new wallet that only have one address, every time you need to spend, you have not added any imput or output because that wallet is brand new every time, and that address is used only one time

I don't know for other web wallets but using currently bc.i there is no the option the user to choose the address/es which he wants to spend from. Bc.i has an algorithm about it. More over even though is handy for mobile bitcoin payments using the functionality 'pairing smartphone with web account' it's extremely bad the computation of the transaction fees. I have the feeling that always without taking into account the network load their option 'after 60 minutes' is about 65sat/byte

[LLec]

Oh no not again.
I just hope my send isn't one of those unconfirmed transactions.
I sent a $0.46 fee to send just $50 and that almost bare minimum blockchain.info told me I can send it and get it sent within 60 minutes.
Last time this happened it took 24 hours to get atleast 1 confirmation with the same amount sent as this one.
I thought they were getting this problem fixed with raising the transaction's miner fee before hand?

The amount you sent would not cause a problem, the size could be. If your transaction was made up of many inputs then the fee you added would not be enough.
Even with a single input transaction i would have doubled that fee.

It did have 61 sat/B listed on the transaction from the 64 sat/B on the other transaction I did.
So yes I agree I should of added more to transaction fee so to get it to confirm in an appropriate timely manner.
I also wanted to pay the absolute bare minimum to do it though.
This is where the failure and doubtfulness comes into play with not knowing when these backlogs of confirmations will come into just wanting to get it sent within 24-48 hours before the rejection on the blockchain might occur.

[lottery248]

i guess the big activity of laundering the fund, because the way to remove the trace is to make a lot of unrelated transaction. hope this is gonna be solved within a couple of days.

[Oilacris]

The number of unconfirmed transactions reached 91k and is still growing. I never seen something like this, it's brutal.
But it happens every time when bitcoin price is soaring, the higher the price will be the higher number of unconfirmed transaction we will see.

So far this situation confirms one fact - Bitcoin is great store value asset, but mediocre payment system/currency.

I was able to see that one on which the unconfirmed transaction raises to 90k+ which is really high and anytime I saw this spam I eventually not making any transactions related on transferring bitcoins because I know even I will put high tx fee I would still need to wait for longer.How can this problem would be solved in longer runs.

[LoyceV]

we need to start making topics talking about solutions and how to force those solutions on miners.

That's the problem: we (the users) can't force miners to do anything! Even worse: we do the exact opposite: we compete on higher fees, and since most wallets use "dynamic fees" now, we all pay more and we're still waiting! Miners now get 10% of the block reward as fees, and it's growing, without processing more transactions.
Bitcoin can't grow without more transactions.

[Ankara]

Anytime BTC unconfirmed transactions are more 10,000 ,
I use LTC or Eth or Doge until it drops back down.


 

I would to if there was actually any use for any of the above coins changing for fiat.

[kiklo]

Anytime BTC unconfirmed transactions are more 10,000 ,
I use LTC or Eth or Doge until it drops back down.


 

I would to if there was actually any use for any of the above coins changing for fiat.

So exactly what are you using BTC for that the others won't work?

Be aware , when converting from Fiat to Crypto, you can use LTC or ETH and then after they arrive at the exchange convert to BTC on the exchange and then to FIAT, and if you need to send out to another exchange , convert back to LTC or ETh.  Save money on transaction fees also.

 

FYI:
If you are buying something retail , you are better off using a credit card or a gift card.  
When BTC is not overloaded, buy the gift cards with BTC that way no waiting when BTC is overloaded.  

[ASHLIUSZ]

Anytime BTC unconfirmed transactions are more 10,000 ,
I use LTC or Eth or Doge until it drops back down.


 

I would to if there was actually any use for any of the above coins changing for fiat.

So exactly what are you using BTC for that the others won't work?

Be aware , when converting from Fiat to Crypto, you can use LTC or ETH and then after they arrive at the exchange convert to BTC on the exchange and then to FIAT, and if you need to send out to another exchange , convert back to LTC or ETh.  Save money on transaction fees also.

 

FYI:
If you are buying something retail , you are better off using a credit card or a gift card.  
When BTC is not overloaded, buy the gift cards with BTC that way no waiting when BTC is overloaded.  

As suggested its good to use gift cards for commercial purchase right now, if the confirmation delay is a big issue. With the current price increase lot of sell order transactions might be there. This could have increased to a number above 80000.

[Ankara]

Anytime BTC unconfirmed transactions are more 10,000 ,
I use LTC or Eth or Doge until it drops back down.


 

I would to if there was actually any use for any of the above coins changing for fiat.

So exactly what are you using BTC for that the others won't work?

Be aware , when converting from Fiat to Crypto, you can use LTC or ETH and then after they arrive at the exchange convert to BTC on the exchange and then to FIAT, and if you need to send out to another exchange , convert back to LTC or ETh.  Save money on transaction fees also.

 

FYI:
If you are buying something retail , you are better off using a credit card or a gift card.  
When BTC is not overloaded, buy the gift cards with BTC that way no waiting when BTC is overloaded.  

I can't buy with gift cards or them shitcoins you talk of that I buy or sell with BTC. What exactly? Has nothing to do with you I'm afraid.

[1Referee]

It's pointless to complain each time mempools are stacked, because it's a certainty that it will happen again, again, again and again. Nothing will be done until the egos of certain pools are being put aside, where they start signalling support for Segwit. It's either to include a proper fee according to the situation so your transaction gets confirmed within a block or two perhaps three, or simply don't complain.

[User365]

The enourmous amount of unconfirmed transactions is NOT acceptable, i think the devs have realized that they should do something,

but guess what, it seems they don´t care. Maby BTC was the first and original one, but wont be the one which will be used in the end ...

The fees are way to high AND the transactions take way to long to confirm!

[Xester]

...

As I write there is another huge number of transactions in limbo.

Time to solve this problem, guys (lead developers).  Shape-up and fix this.

I grow somewhat disenchanted w/ BTC, even w/ paying higher fee (when I can) or w/ acceleration.

Up to now there is no consensus as to how they will increase the blocksize. Some miners decided to use Block unlimited so they can mine properly but this king of method has many flaws. Its better that all miners should agree to adjust the blocksize to 8 mb but there are only 24% out of the total miner population that are into this.