jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
|
|
February 25, 2017, 05:09:53 PM |
|
You guys act like it would be hard , all that has to happen is the Miners sponsor a Dev Team not affiliated with Blockchain's Sponsored BTC Core Dev team. The New Dev team writes a quick 2mb blocksize update, the miners update , and then their is time for discussions on future updates, when BTC unconfirmed transactions are not taking 3 days to complete. Old Saying , when the Mule is stuck in a Ditch on Sunday , you don't wait til Monday to get him out. BTC Core Asshats are doing nothing but waiting! it almost happened once. many big pools and companies signed a joint statement supporting 8mb blocks but ultimately backed off and erred on the side of caution. If things continue in the manner they are now, it likely won't be long before it happens again and we have a much needed fork.
|
|
|
|
GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
|
|
February 25, 2017, 05:13:23 PM |
|
This is precisely why bitcoin isn't ready for the mainstream. Until we can get past the foolish politics of the blocksize debate, we can't scale. There is something to be said about regulation, however you may feel about it If some extraordinary economical event should occur, such as a serious Asian capital flight (in progress), or events similar to the Greek capital exit that occurred during their default, we simply won't be prepared. This issue has grown quite long in the tooth, and at some point we should maybe look at simply getting a new governance board. Thus has to be fixed, despite if the solution is a consensus. Compare this to the debt ceiling stall/debate that occurred recently in the States. Inaction will simply lead to increased harm. And although I think a fork is a method of last resort, maybe it's something we need to be considering. Will we allow the world to burn because of ideological differences?
|
|
|
|
rizzlarolla
|
|
February 25, 2017, 05:19:52 PM |
|
it almost happened once. many big pools and companies signed a joint statement supporting 8mb blocks but ultimately backed off and erred on the side of caution.
If things continue in the manner they are now, it likely won't be long before it happens again and we have a much needed fork.
When the mempool gets stuck at a hundred or two thousand, and fees rocket into Dollars, we will all see the stupidity of this Core plan. A fork will come suddenly, imo. Everybody knows that there are absolutely no obstacles to raising block size indefinitely right? I mean, Ver and three trolls have said that so it must be true.
You are promoting a classic 'false dilemma' fallacy, implying that the only alternative to keeping the blocksize constant is to 'raise it indefinitely'. No..how about we just go to 2mb so people's transactions can get through? Instead of having 40k unconfirmed transactions.Boom and there it is! Well put.
|
|
|
|
Dudeperfect
|
|
February 25, 2017, 05:23:41 PM |
|
At this moment there are 39,500+ unconfirmed transactions and that is not so cool picture to show off as a bitcoin user. We really need a strong increase in the bandwidth or it will be really difficult to regain the trust and the user base if we lose it. Everyone is asking for fast confirmation with low fees so that should be the top priority imo.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 05:43:49 PM |
|
I really don't know what is going on but very long waiting time for BTC transactions confirmation really creating serious problems. I remember that just a few months ago all my transaction was confirmed in a few hours. Recently, I usually have to wait for more than 24 hours. Bitcoin is still the most popular crypto currency but if we can't solve problem with unconfirmed transactions, I'm sure that more people will give up from bitcoin and choose other crypto currency.
All transactions are confirmed in a matter of minutes. You should really use a modern wallet, not the one which sends txs with 0 fee. But you are surely free to choose other crypto currency, best of luck Take the other trolls with you who want to send three cents on-chain for free on your way out, please.
|
i am satoshi
|
|
|
rizzlarolla
|
|
February 25, 2017, 05:56:24 PM |
|
I really don't know what is going on but very long waiting time for BTC transactions confirmation really creating serious problems. I remember that just a few months ago all my transaction was confirmed in a few hours. Recently, I usually have to wait for more than 24 hours. Bitcoin is still the most popular crypto currency but if we can't solve problem with unconfirmed transactions, I'm sure that more people will give up from bitcoin and choose other crypto currency.
All transactions are confirmed in a matter of minutes. You should really use a modern wallet, not the one which sends txs with 0 fee. But you are surely free to choose other crypto currency, best of luck Take the other trolls with you who want to send three cents on-chain for free on your way out, please. "i am satosh", you declare in your sig. You probably could not be further from the truth. Maybe try "i am gmax" for more accuracy. "you are surely free to choose other crypto currency" Just more 'false dilemma' fallacy. "All transactions are confirmed in a matter of minutes." And outright lies!
|
|
|
|
e-coinomist
Legendary
Offline
Activity: 2380
Merit: 1085
Money often costs too much.
|
|
February 25, 2017, 06:01:41 PM |
|
I really don't know what is going on but very long waiting time for BTC transactions confirmation really creating serious problems. I remember that just a few months ago all my transaction was confirmed in a few hours. Recently, I usually have to wait for more than 24 hours. Bitcoin is still the most popular crypto currency but if we can't solve problem with unconfirmed transactions, I'm sure that more people will give up from bitcoin and choose other crypto currency.
All transactions are confirmed in a matter of minutes. You should really use a modern wallet, not the one which sends txs with 0 fee. But you are surely free to choose other crypto currency, best of luck Take the other trolls with you who want to send three cents on-chain for free on your way out, please. So far none run stuck, might been lucky. But I am always keeping an eye on https://bitcoinfees.21.co/ to adjust the fee. Mostly forking over like 50cents so far, with a fatal tendency to rise and rise. Both the satoshis amount AND the dollar value are escalating! On the long term a digital currency must be able to beat the competition, not to exceed them on feeing nickel 'n dime out of customer's pockets.
|
|
|
|
kiklo
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
February 25, 2017, 06:08:05 PM |
|
I really don't know what is going on but very long waiting time for BTC transactions confirmation really creating serious problems. I remember that just a few months ago all my transaction was confirmed in a few hours. Recently, I usually have to wait for more than 24 hours. Bitcoin is still the most popular crypto currency but if we can't solve problem with unconfirmed transactions, I'm sure that more people will give up from bitcoin and choose other crypto currency.
All transactions are confirmed in a matter of minutes. You should really use a modern wallet, not the one which sends txs with 0 fee. But you are surely free to choose other crypto currency, best of luck Take the other trolls with you who want to send three cents on-chain for free on your way out, please. Thinking everyone lives in a Rich County and can afford up to $1 to transfer 25 cents, shows you don't really think at all do you. 50 cents to $1 US can be alot higher depending on your exchange rate Examples Alphabetical order Feb 25, 2017 18:03 UTC US Dollar? 1.00 USD?? inv. 1.00 USD?? Argentine Peso 15.475000 0.064620 Australian Dollar 1.303951 0.766900 Bahraini Dinar 0.376995 2.652555 Botswana Pula 10.354158 0.096580 Brazilian Real 3.111000 0.321440 British Pound 0.802472 1.246150 Bruneian Dollar 1.404900 0.711794 Bulgarian Lev 1.851750 0.540030 Canadian Dollar 1.309250 0.763796 Chilean Peso 646.800000 0.001546 Chinese Yuan Renminbi 6.867550 0.145612 Colombian Peso 2889.500000 0.000346 Croatian Kuna 6.999600 0.142865 Czech Koruna 25.574950 0.039101 Danish Krone 7.039000 0.142066 Emirati Dirham 3.672650 0.272283 Euro 0.947026 1.055938 Hong Kong Dollar 7.760950 0.128850 Hungarian Forint 292.130000 0.003423 Icelandic Krona 108.850000 0.009187 Indian Rupee 66.645000 0.015005 Indonesian Rupiah 13330.000000 0.000075 Iranian Rial 32422.500000 0.000031 Israeli Shekel 3.691965 0.270858 Japanese Yen 112.144000 0.008917 Kazakhstani Tenge 311.559998 0.003210 Kuwaiti Dinar 0.305125 3.277345 Latvian Lat 0.665570 1.502473 Libyan Dinar 1.425000 0.701754 Lithuanian Litas 3.269890 0.305821 Malaysian Ringgit 4.440000 0.225225 Mauritian Rupee 35.650000 0.028050 Mexican Peso 19.910750 0.050224 Nepalese Rupee 106.927970 0.009352 New Zealand Dollar 1.388118 0.720400 Norwegian Krone 8.376750 0.119378 Omani Rial 0.384500 2.600780 Pakistani Rupee 104.825000 0.009540 Philippine Peso 50.169000 0.019933 Polish Zloty 4.093150 0.244311 Qatari Riyal 3.641200 0.274635 Romanian New Leu 4.277600 0.233776 Russian Ruble 58.487400 0.017098 Saudi Arabian Riyal 3.750600 0.266624 Singapore Dollar 1.404900 0.711794 South African Rand 12.952480 0.077205 South Korean Won 1130.450000 0.000885 Sri Lankan Rupee 151.809801 0.006587 Swedish Krona 9.038650 0.110636 Swiss Franc 1.007700 0.992359 Taiwan New Dollar 30.655000 0.032621 Thai Baht 34.875000 0.028674 Trinidadian Dollar 6.699000 0.149276 Turkish Lira 3.607800 0.277177 Venezuelan Bolivar 9.990000 0.100100 FYI: https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 180 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 40,680 satoshis. .00040680 = .46 US $ or 16.04 Thai Baht or 6131.8 Indonesian RupiahYour .46 cents is UNaffordable in other countries.
|
|
|
|
Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3074
|
|
February 25, 2017, 06:08:49 PM |
|
"All transactions are confirmed in a matter of minutes." And outright lies!
If you have auto-fee in your wallet software, it's actually true. Software chooses the average fee in the mempool, transaction confirms in minutes (less than 90)
|
Vires in numeris
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 06:17:03 PM |
|
"All transactions are confirmed in a matter of minutes." And outright lies!
You know, you should try getting some bitcoin for yourself and maybe use them to see what's what? Beats trolling!
|
i am satoshi
|
|
|
kiklo
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
February 25, 2017, 06:25:54 PM |
|
"All transactions are confirmed in a matter of minutes." And outright lies!
You know, you should try getting some bitcoin for yourself and maybe use them to see what's what? Beats trolling! If you were telling the truth, we would not have all of these Topics with people complaining about days before their BTC is received or even dropping out of the mempools after 72 hours and having to resend. Has your entitled ass ever left your parents basement, because you seem completly clueless their is a exchange rate between world currencies. And your .46 Cents in other Countries: India is the lowest among larger economies with a $0.28/hour rate. 1.64 hours to paid your transaction feeor The absolute lowest federal minimum wage is in Sierra Leone, where workers can expect just $0.03/hour. 15.33 hours to paid your transaction fee
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
|
|
February 25, 2017, 06:32:33 PM |
|
"All transactions are confirmed in a matter of minutes." And outright lies!
You know, you should try getting some bitcoin for yourself and maybe use them to see what's what? Beats trolling! tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 07:01:19 PM |
|
tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
Good, maybe your friend would want to upgrade to a modern wallet now, seeing as his current one can not calculate fee properly.
|
i am satoshi
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
|
|
February 25, 2017, 07:08:36 PM |
|
tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
Good, maybe your friend would want to upgrade to a modern wallet now, seeing as his current one can not calculate fee properly. I guess you do not really understand how bitcoin fees work. They are dynamic. There is no 'proper' method as the requirements change.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 07:10:23 PM |
|
tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
Good, maybe your friend would want to upgrade to a modern wallet now, seeing as his current one can not calculate fee properly. I guess you do not really understand how bitcoin fees work. They are dynamic. There is no 'proper' method as the requirements change. No, there is. Proper method is calculating a fee that guarantees inclusion in the next block. It's trivial math, you know, adding and dividing numbers. Most wallets figured out how to do it long time ago. Try some. If that is too hard, there is a service which API you can use, then you don't even need to know how to add and divide numbers! https://bitcoinfees.21.co/ - see, 160 satoshis per byte for an instant confirmation. As you can also see, most of the backlog consitutes txs with 0-40 satoshis per byte, which no sane modern wallet would ever use. These are called spam transactions, sent out by some bad guy promoting big blocks. If you really cared about bitcoin future even a tiny bit, you would understand that working for this guy and promoting including such transactions in the block space is a horribly wrong idea.
|
i am satoshi
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
|
|
February 25, 2017, 07:14:59 PM |
|
tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
Good, maybe your friend would want to upgrade to a modern wallet now, seeing as his current one can not calculate fee properly. I guess you do not really understand how bitcoin fees work. They are dynamic. There is no 'proper' method as the requirements change. No, there is. Proper method is calculating a fee that guarantees inclusion in the next block. It's trivial math, you know, adding and dividing numbers. Most wallets figured out how to do it long time ago. Try some. Wow...this comment really shows your ignorance. There is no guarantee that any transaction will be included in the next block. It is completely up to the miner what transactions (if any) they want to include in any particular block.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 07:17:15 PM |
|
tell that to my friend who used the default fee in electrum and has been waiting 16 hours for his money since yesterday.
Good, maybe your friend would want to upgrade to a modern wallet now, seeing as his current one can not calculate fee properly. I guess you do not really understand how bitcoin fees work. They are dynamic. There is no 'proper' method as the requirements change. No, there is. Proper method is calculating a fee that guarantees inclusion in the next block. It's trivial math, you know, adding and dividing numbers. Most wallets figured out how to do it long time ago. Try some. Wow...this comment really shows your ignorance. There is no guarantee that any transaction will be included in the next block. It is completely up to the miner what transactions (if any) they want to include in any particular block. Once again, I must tell you to get at least several satoshis and see for yourself how bitcoin actually works, and not tell me your theoretical half-assed knowledge. All transactions sent with an adequate fee are included in the next block 99% of the time, period.
|
i am satoshi
|
|
|
rizzlarolla
|
|
February 25, 2017, 09:03:28 PM |
|
"All transactions are confirmed in a matter of minutes." And outright lies!
If you have auto-fee in your wallet software, it's actually true. Software chooses the average fee in the mempool, transaction confirms in minutes (less than 90) Ok, - a matter of hours - i accept that is a lot more true. (a "matter of minutes" counted in hours was deceitful at least) But this fee market is just starting. Given more time, recommended fees will be counted in Dollars, not Cents. Can't core understand people are adopting Bitcoin, as satoshi envisaged. Core don't seem to want that. No problem, this fee and congestion Core plan must happen now to show their failings and induce a sudden fork to (have to) happen. We just need a bit more time to get through this Core plan of Bitcoin destruction.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 25, 2017, 11:26:26 PM |
|
by minutes I mean minutes. all txs sent with 160 satoshis per byte went out in 1-2 blocks, which is anywhere from 0 to 30 minutes. try it at least once...
bitcoin is perfectly fine, what is not fine is the army of trolls pushing their masters political agenda. this we should definitely get rid of, its a nuisance to actual developers and actual community.
|
i am satoshi
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
|
|
February 26, 2017, 12:35:28 AM |
|
by minutes I mean minutes. all txs sent with 160 satoshis per byte went out in 1-2 blocks, which is anywhere from 0 to 30 minutes. try it at least once...
bitcoin is perfectly fine, what is not fine is the army of trolls pushing their masters political agenda. this we should definitely get rid of, its a nuisance to actual developers and actual community.
|
|
|
|
|