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Author Topic: Egad. 81,000 + Transactions Unconfirmed. Again. Ugh!  (Read 8864 times)
OROBTC (OP)
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February 22, 2017, 02:23:04 AM
 #1

...

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.
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February 22, 2017, 02:29:03 AM
 #2

Oh no not again. Embarrassed
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? Undecided
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February 22, 2017, 02:48:41 AM
 #3

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


 Cool
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February 22, 2017, 02:54:04 AM
 #4

...

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.

Bitcoin scaling is imminent, we need to implement the new feature, no matter SegWit, BU or 8 MB, only scaling can solve the huge number of transactions issue. Slow speed and high transaction fees kill bitcoin's larger adoption.

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February 22, 2017, 03:01:23 AM
 #5

Oh no not again. Embarrassed
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? Undecided
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.

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February 22, 2017, 03:49:32 AM
 #6

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.
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February 22, 2017, 04:11:23 AM
 #7

...

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.

They already have a solution. It is called Segwit. Thanks to politics and self interests of the people on top of the food chain it will never be activated. What you should be doing is tell the miners to shape up and make a move. Segwit or Bitcoin Unlimited? It is time to make their pick. Maybe they have other plans and will drag this stale mate for years.

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February 22, 2017, 04:15:03 AM
 #8

I didn't about this but it looks like this problem has been always in the network. I knew it because when I had some transactions a while ago it has delay but I don't really take it very hard because I know after a few more minutes or hours my transaction will be confirmed. And upon checking my transaction is still on the queue.  Roll Eyes

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February 22, 2017, 04:39:30 AM
 #9

there are a lot of problems in the network. I encountered one issue of the tx size expansion with one input and one output, whose size is 3.5k byte, insane.   

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February 22, 2017, 04:42:23 AM
 #10

there are a lot of problems in the network. I encountered one issue of the tx size expansion with one input and one output, whose size is 3.5k byte, insane.   

That is very not likely. Tx size is contingent upon number of inputs and outputs.

Can you please post the transaction you are referring to.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
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February 22, 2017, 04:44:06 AM
 #11

Yep, I have two unconfirmed transactions.  I actually bought something online with bitcoin, and now it's not going to ship until my payment makes it through the blockchain.  Fuck this.  It would have been SOOOOO much easier to pay with a debit card.  This is the absolute LAST TIME I spend bitcoin.  If anyone is wondering why bitcoin will fail as a currency, it's this.

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February 22, 2017, 04:49:53 AM
 #12

Yes, this is something that is very annoying and will probably give you a bad effect. For we all don't have plenty of time to continue to oversee every transaction is confirmed. The problem now is the growth of the bitcoin's getting high, but the makers of the bitcoin failed to appear for any growth. I have the same problem like this, and this is very disappointing. So, I now have started saving bitcoin into warehouses and waiting for the right time to use it again
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February 22, 2017, 05:20:22 AM
 #13

Yep, I have two unconfirmed transactions.  I actually bought something online with bitcoin, and now it's not going to ship until my payment makes it through the blockchain.  Fuck this.  It would have been SOOOOO much easier to pay with a debit card.  This is the absolute LAST TIME I spend bitcoin.  If anyone is wondering why bitcoin will fail as a currency, it's this.
Not only you. More than 24 hours here... This is killing us.

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February 22, 2017, 05:29:52 AM
 #14

Yep, I have two unconfirmed transactions.  I actually bought something online with bitcoin, and now it's not going to ship until my payment makes it through the blockchain.  Fuck this.  It would have been SOOOOO much easier to pay with a debit card.  This is the absolute LAST TIME I spend bitcoin.  If anyone is wondering why bitcoin will fail as a currency, it's this.
Not only you. More than 24 hours here... This is killing us.
Actually I bought special games bundle from G2A.com today for BTC.
I gotta say that my purchase was confirmed within couple minutes (they are using BitPay to process their BTC transactions).
So when you include hefty amount of fee there is no problem with unconfirmed transactions - it is unfortunately a workaround rather than solution for the problem.

Also, if your transaction is stuck - you can use Transaction Accelerator to push it: https://www.viabtc.com/tools/txaccelerator/
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February 22, 2017, 05:32:57 AM
 #15

I have just sent some bitcoin with 20,000 satoshi as fee for my 191 bytes transaction and it got confirmed in first block. This fee is still low when moving large amount of bitcoin so increasing fee during situation like this is enough to get it through.

However this block size issue will encourage people to use other alts for sure.
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February 22, 2017, 05:33:08 AM
 #16

there are a lot of problems in the network. I encountered one issue of the tx size expansion with one input and one output, whose size is 3.5k byte, insane.   

click on that little blue link saying ON in front of ADVANCED VIEW on blockchain.info/tx/.... and you realize that it is not one input and one output, instead it is multiple inputs on the left size but coming from one address so BC.I is only showing 1 address (also don't mistake address with input)

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February 22, 2017, 05:44:14 AM
Last edit: February 22, 2017, 06:31:09 AM by Winner
 #17

This type of thing happens pretty often and the people that use Bitcoin BTC should already know of the consequences of sending money via Bitcoin. The transactions could get quicker if the person pays a large fee ($6.00+). Yet I know it would be easier if the person purchases an item with a debit/credit card, personally that feeling of paying with the computer is pretty cool.

If anyone wants faster transactions while paying low transaction fees then visit this website to accelerate the transaction:

Code:
https://www.viabtc.com/tools/txaccelerator/

Note that the max accelerations on the website is limited to only 100 transactions per hour.

Or click open the Client then close it. Keep doing it to get more peers.

Edit: Slark posted it as well, thanks.


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February 22, 2017, 06:26:38 AM
 #18

Yep, I have two unconfirmed transactions.  I actually bought something online with bitcoin, and now it's not going to ship until my payment makes it through the blockchain.  Fuck this.  It would have been SOOOOO much easier to pay with a debit card.  This is the absolute LAST TIME I spend bitcoin.  If anyone is wondering why bitcoin will fail as a currency, it's this.
Not only you. More than 24 hours here... This is killing us.
Actually I bought special games bundle from G2A.com today for BTC.
I gotta say that my purchase was confirmed within couple minutes (they are using BitPay to process their BTC transactions).
So when you include hefty amount of fee there is no problem with unconfirmed transactions - it is unfortunately a workaround rather than solution for the problem.

Also, if your transaction is stuck - you can use Transaction Accelerator to push it: https://www.viabtc.com/tools/txaccelerator/
I was caught in the middle of the storm... Three transactions on the same day. Thanks for pointing out this tool, I hope it works.

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February 22, 2017, 06:47:24 AM
 #19

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
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February 22, 2017, 06:53:41 AM
 #20

This type of thing happens pretty often and the people that use Bitcoin BTC should already know of the consequences of sending money via Bitcoin.
what consequences? there shouldn't be any consequences to begin with. if the block size is increased and if there were no spam attack there should have been any problem at all.

The transactions could get quicker if the person pays a large fee ($6.00+). Yet I know it would be easier if the person purchases an item with a debit/credit card, personally that feeling of paying with the computer is pretty cool.
bitcoin is not about "paying with a computer" if that is what you want then use credit cards online. and also using debit/credit cards has 0 fees when purchasing stuff where i live!

and if we end up paying high fees, crazy like $6 or even 1-2 bucks then that would be death of bitcoin as a currency.

If anyone wants faster transactions while paying low transaction fees then visit this website to accelerate the transaction:

Code:
https://www.viabtc.com/tools/txaccelerator/
viabtc is a good service but it is not a solution. it is a temporary get away if you are lucky, since they have small portion of the hashrate and obviously mine few blocks a day.

we need a serious solution for the block size and also fighting spam attacks.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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