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Author Topic: Egad. 81,000 + Transactions Unconfirmed. Again. Ugh!  (Read 8827 times)
Wind_FURY
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February 26, 2017, 03:23:03 AM
 #121

Because the core team are selfish greedy pigs and think you are stupid as they try to ram their agenda down your throat instead of simply increasing the block size.

Their intentions are very questionable. There is a chance that they are trying to obstruct the popular adoption of Bitcoin by arguing against the Block size increase. In future, if the Block size remains at 1 MB, then there will be huge delays in confirming the transactions. So obviously people will dump Bitcoin and move to some other crypto-currency. Perhaps that is what these people want.

Too much talk and very few to no action. Why not fork Bitcoin away from the Core developers if you all are so sure of their evil intentions. Remember the other side is also playing the same game. Between the 2, I will go with the lesser evil. Going with Core is also the safer choice. But go ahead, do the hard fork to Bitcoin Unlimited. I almost want to see it happen so that the people against it make their point.

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February 26, 2017, 03:36:52 AM
 #122

Recently, this situation is ongoing. I was very upset when my transaction is not confirmed though I had to pay a high fee. I would like to know the drivers are doing and where. why they have to this situation occurs repeatedly, this is so bad. all of us would want their transactions quickly. and so do I, I hate to wait





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February 26, 2017, 03:53:54 AM
 #123

...

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.

Segwit is just a first aid to this problem, Segwit is not really the solution. They must think of the new way and it must be really fast.
This is the main problem of bitcoin that must be answered. If these is not answered fast then there will come a time that problems will be more and more complicating emerging from the past problems.

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February 26, 2017, 06:26:45 AM
 #124

"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 fee
or
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

We might get along reaching mass adoption without Sierra Leone. However India is a emerging market, most EB-2 green cards arriving from over there. That country isn't exactly sparse-peopled. Same goes for China, Russia, that whole asian continent plate at the moment features only a handfull of full nodes (but probably >50% of the total hashrate, and stuff like Huobi and BTCC)

It's not really about "installing the right wallet"
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February 26, 2017, 06:35:38 AM
 #125

Recently, this situation is ongoing. I was very upset when my transaction is not confirmed though I had to pay a high fee. I would like to know the drivers are doing and where. why they have to this situation occurs repeatedly, this is so bad. all of us would want their transactions quickly. and so do I, I hate to wait
If you are on a rush then you will surely forced to set high tx fee amount if you dont like the waiting time but on some circumtances even you set above average fee you still need to wait specially when there is spam attack on the network.

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February 26, 2017, 06:43:46 AM
 #126

Recently, this situation is ongoing. I was very upset when my transaction is not confirmed though I had to pay a high fee. I would like to know the drivers are doing and where. why they have to this situation occurs repeatedly, this is so bad. all of us would want their transactions quickly. and so do I, I hate to wait
If you are on a rush then you will surely forced to set high tx fee amount if you dont like the waiting time but on some circumtances even you set above average fee you still need to wait specially when there is spam attack on the network.

It get harder and harder to push transactions over. The fees get higher each day and especially if there is these kinds of events where the unconfirmed transactions are really getting to our nerves. Coinbase is looking like a light in the dark now, since coinbase pays for fees even if it sometimes is really high.
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February 26, 2017, 07:38:37 AM
 #127

"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!

the problem is not that the problem is that correct fee is generally expensive, and i never use autofee for this reason, it's better to try your luck with a low fee

and then maybe accelarate the transaction, if stuck, with another service, some TX are ridiculous high in fee, like 100k+ satoshi, paying that much when you need to send many is stupid
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February 26, 2017, 07:45:56 AM
 #128

This is not really good. Someone should do something with this. Question is who is that someone. If this continues it will really make bitcoin fall. I have read someone posted about someone that is spamming transactions and spent above a million dollar just for that.
What could be the intentions of this happening? Something sounds really fishy now.

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February 27, 2017, 05:35:15 AM
 #129

...

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.

Segwit is just a first aid to this problem, Segwit is not really the solution. They must think of the new way and it must be really fast.
This is the main problem of bitcoin that must be answered. If these is not answered fast then there will come a time that problems will be more and more complicating emerging from the past problems.

That is what the people from Bitcoin Unlimited will tell you. The real solution is for Bitcoin to have a scalable network working on top of it. Bitcoin itself will still be useful as a settlement layer. Please also be aware that politics and the quest for control is a key factor on why many do not want to activate Segwit.

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February 27, 2017, 05:54:36 AM
 #130

Segwit is just a first aid to this problem, Segwit is not really the solution. They must think of the new way and it must be really fast.
This is the main problem of bitcoin that must be answered. If these is not answered fast then there will come a time that problems will be more and more complicating emerging from the past problems.
That is what the people from Bitcoin Unlimited will tell you. The real solution is for Bitcoin to have a scalable network working on top of it. Bitcoin itself will still be useful as a settlement layer. Please also be aware that politics and the quest for control is a key factor on why many do not want to activate Segwit.

Didn't we stumpled upon Bitcoin to get away from intermediate layers? Those additional layers tend to held open their hands for some feeees. That nickle'n'dime concept.

A successfull cyber currency could handle bazillions of transfers for nuthin'
Everything below that line isn't exactly a revolution. Bitcoin has to change, to reach these promises.
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February 27, 2017, 06:35:49 AM
 #131

In this situation, I can foresee the risk of certain Bitcoin exchanges colluding with the miners, in order to prioritize the transactions by their users. For example, Coinbase can make a deal with Ghash or Eligius, and whenever these mining pools mine a block they will prioritize transactions by the Coinbase users. A bit far-fetched, but theoretically possible.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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February 27, 2017, 06:47:39 AM
 #132

In this situation, I can foresee the risk of certain Bitcoin exchanges colluding with the miners, in order to prioritize the transactions by their users. For example, Coinbase can make a deal with Ghash or Eligius, and whenever these mining pools mine a block they will prioritize transactions by the Coinbase users. A bit far-fetched, but theoretically possible.

which means they wants to let the people using their services to get their transactions confirmed faster than the rest? or even something similar to selfish mining, not even giving priority for high fees yet not in their service? what the shit are those miners doing, this could have ruined the fairness of competition.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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February 27, 2017, 06:50:24 AM
 #133

In this situation, I can foresee the risk of certain Bitcoin exchanges colluding with the miners, in order to prioritize the transactions by their users. For example, Coinbase can make a deal with Ghash or Eligius, and whenever these mining pools mine a block they will prioritize transactions by the Coinbase users. A bit far-fetched, but theoretically possible.

which means they wants to let the people using their services to get their transactions confirmed faster than the rest? or even something similar to selfish mining, not even giving priority for high fees yet not in their service? what the shit are those miners doing, this could have ruined the fairness of competition.

No... no... I am not saying that the miners are already doing something like this. I am just saying that there is a chance of this occurring in the not too distant future. I am just concerned by the way in which some of the miners behave right now. They've got too much power.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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February 27, 2017, 09:20:23 PM
 #134

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.



Yes, and $1840 per megabyte, so what was your point exactly? If you just wanted to demonstrate your complete intellectual disability, there are simpler ways than crafting a meme.

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February 27, 2017, 10:38:22 PM
 #135

which means they wants to let the people using their services to get their transactions confirmed faster than the rest? or even something similar to selfish mining, not even giving priority for high fees yet not in their service? what the shit are those miners doing, this could have ruined the fairness of competition.
No... no... I am not saying that the miners are already doing something like this. I am just saying that there is a chance of this occurring in the not too distant future. I am just concerned by the way in which some of the miners behave right now. They've got too much power.
Miners, or Miningpools? The former have no say whatsoever, merely hand over hashpower.
Eligius pool once did a fair share of zerofee transactions in their blocks. However since flooding the mempool has become a favorite sport this level of altruism is history everywhere.
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February 27, 2017, 10:44:52 PM
 #136


Yes, and $1840 per megabyte, so what was your point exactly?

Bitcoin fees should be pennies not dollars. 

There is no need to charge high fees right now (recent spike in fees is due to artificial blocksize scarcity).

I just love the hypocrisy of these small blockers.   They claim that since the network
isn't completely congested,  there's no problem "right now"... and then claim we need
to address fee based security concerns that won't be an issue for decades.


 

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February 27, 2017, 11:01:10 PM
 #137

Bitcoin fees should be pennies not dollars.  

If the BTC price keeps on increasing, fees must rise with it to keep the fees to pennies (0.001 BTC fee would be $10 at only $10,000 per BTC with 1MB blocksize).


You're going to have to admit, BU "scaling" doesn't scale up at all. Even a $20,000 price, which is a pretty modest medium term expectation, would cause untold problems. No-one seriously thinks that blocksizes big enough to give you your penny fees at those price levels is a sane direction to go in.

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February 27, 2017, 11:08:34 PM
 #138


Yes, and $1840 per megabyte, so what was your point exactly?

Bitcoin fees should be pennies not dollars. 

There is no need to charge high fees right now (recent spike in fees is due to artificial blocksize scarcity).

I just love the hypocrisy of these small blockers.   They claim that since the network
isn't completely congested,  there's no problem "right now"... and then claim we need
to address fee based security concerns that won't be an issue for decades.


 

Fees being pennies vs dollars is such an arbitrary claim
That's like saying:

"Fuck demand and supply, computers need to cost dollars, not hundreds of dollars.

Broken logic

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February 27, 2017, 11:11:06 PM
 #139

Broken logic

It's not even an attempt at logic, just an unbacked assertion.

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February 27, 2017, 11:34:38 PM
 #140

If Bitcoin price goes high enough, I bet ya someone will take advantage of new markets which involves instant transfer services for cheaper fees. It would be ironic for BTC.

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