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

[Undermood]

You could check this article to get clear idea what the minimum fees are required to get the transactions included in next few blocks
http://coinour.com/index.php/how-to-predict-the-transaction-fees/
Current the minimum fee level is 20 satoshi per byte.

[lurker10]

Current the minimum fee level is 20 satoshi per byte.

No. 20 sat/B will not confirm.

[blackhawkeye1912]

...

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.

This became a problems for a couple of years, and up to now is gettingg more worst, especially more investors and users are more involving  themselves in this industry. I hope someone can give remedy on this sort of a problems.

[freedomno1]

Current the minimum fee level is 20 satoshi per byte.

No. 20 sat/B will not confirm.

Using Luckyb.it as the baseline it looks like it's (120k sat / kb)
Either way it is really slow although the chart has a good example of the estimated delay times (Green fast, Orange Not Fast but Slow, Red Snail)
https://bitcoinfees.21.co/

[Zadicar]

...

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.

This became a problems for a couple of years, and up to now is gettingg more worst, especially more investors and users are more involving  themselves in this industry. I hope someone can give remedy on this sort of a problems.

There would be no remedy since bitcoin cant be fixed or edit its system or how it works and we should expect that tx fee will surely increase when demand and transactions would rise in longer years. We cant avoid this thing and this would really be a problem.

[NoiseBoy]

At a certain point you just have to accept that this is the "new normal" and get on with life.

[e-coinomist]

LoyceV, Lauda posted a long list of addresses a few days ago that are heavily contributing to the spam attack everyone seems to be suffering from.

If you thoroughly browse through all these addresses and look at how many nonsense transactions they are sending out, you'll probably understand that this is in fact a spam attack.

Thread ~ https://bitcointalk.org/index.php?topic=1776143.0

Would love to see stats regarding the amount of "bitcoin days destroyed" from this handfull of adresses. You know there isn't only the 20 sat/B number but coin's age is reviewed on sheduling priorities, too.

You can't spam the mempool by ping-pong-playing between the very same two adresses, over and over again. At least than your fees for getting a transfer done are higher. Spammers would have to rely on some old resource, burning through that instead of burning through their money supply.

Maybe one lever against this attack pattern could be tinkering on the sheduler heuristics regarding coin age.

[bitkilo]

At a certain point you just have to accept that this is the "new normal" and get on with life.

We may have to accept that it is the new norm for a short period but these long wait times and 50k transactions in the mempool is not a good "norm" to have.

[jonald_fyookball]

At a certain point you just have to accept that this is the "new normal" and get on with life.

We may have to accept that it is the new norm for a short period but these long wait times and 50k transactions in the mempool is not a good "norm" to have.

Uh, no.  It will only worsen.

[Carlton Banks]

Uh, no.  It will only worsen.

The only way you could know that so confidently is if you were performing the spamming yourself. Is this what you're saying? If not, spare us the Nostradamus routine

[lurker10]

I've just had a tx confirm in 5 blocks. The recommended priority fee from the service was 350 sat/B, but I was a little stingy and took a chance paying only 200 sat/B. This is ATH for weekend fees.

[italianobitcoin]

@ people who find them self having a unconfirmed transaction the following links can be very useful.
https://blockchain.info/charts/mempool-count
This link is too see if the network is busy

http://neocashradio.com/blog/how-to-rebroadcast-a-transaction-on-blockchain-info/
This one is handy to rebroadcast your transaction.

[lionheart78]

@ people who find them self having a unconfirmed transaction the following links can be very useful.
https://blockchain.info/charts/mempool-count
This link is too see if the network is busy

http://neocashradio.com/blog/how-to-rebroadcast-a-transaction-on-blockchain-info/
This one is handy to rebroadcast your transaction.

Or you can try to accelerate it with viabtc.com/tools/txaccelerator/  this help me alot.


It is really frustrating to wait for your transaction for a very long time without the insurance of getting it confirmed on the next block.  With all these delays and fee hike, developer are busy pushing their own agenda instead of getting into agreement and adjust accordingly  giving way.  I just hope that there will be another group of capable developer that will appear and propose a better solution and fix all this problem.

[Lauda]

'Fool me once shame on you. Fool me twice, shame on me.' - Not this time.
The Bitcoin network is being attacked by spam again.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
31981 transactions. 

[jonald_fyookball]

'Fool me once shame on you. Fool me twice, shame on me.' - Not this time.
The Bitcoin network is being attacked by spam again.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
31981 transactions. 

Spam, or not, the network is fundamentally congested, and it continues to become more and more congested
as more people want to use the network which can only handle a few tx/sec.   I hope you are under no delusion about these basic facts.
 

[Lauda]

'Fool me once shame on you. Fool me twice, shame on me.' - Not this time.
The Bitcoin network is being attacked by spam again.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
31981 transactions.  

Spam, or not, the network is fundamentally congested, and it continues to become more and more congested
as more people want to use the network which can only handle a few tx/sec.   I hope you are under no delusion about these basic facts.

In case that you want to ignore the basic fact that this is spam then. you are the one under delusion. I acknowledge the following:
1) Demand is about to or already has outweighed block space supply.
2) Some entity is heavily spamming the Bitcoin network for some malicious reason.

The reason for such spam could be:
1) To promote BU (politically motivated).
2) To raise fees (miners which are motivated by greed).
3) Other.

[jonald_fyookball]

What's your proof that it's spam?  Even if a few addresses get a lot of
transactions, they may be conducting business or transacting for
any number of reasons.

Even if it is spam, the fact that they can so easily cripple the network
means capacity needs to grow. 

[Lauda]

What's your proof that it's spam?  Even if a few addresses get a lot of
transactions, they may be conducting business or transacting for
any number of reasons.

Sending tens of TXs in the same second, and a total of several thousands over a small period of time from yourself - to yourself. "Such business, very amaze, wow." Give me a fucking break. If you can't see it is spam, you are delusional at best.

Even if it is spam, the fact that they can so easily cripple the network
means capacity needs to grow.  

It is almost trivial to spam at any block size limit that the network could possibly operate with.

[jonald_fyookball]

 
Sending tens of TXs in the same second, and a total of several thousands over a small period of time from yourself - to yourself. 

I see.  ok, then i guess it is spam.  Network is still congested though fundamentally as you can see from the avg blocksize chart.

It is almost trivial to spam at any block size limit that the network could possibly operate with.

if that is true, it makes me even more convinced there should not be any blocksize limit.

[Lauda]

Sending tens of TXs in the same second, and a total of several thousands over a small period of time from yourself - to yourself.  

I see.  ok, then i guess it is spam.  Network is still congested though fundamentally as you can see from the avg blocksize chart.

There is no denying this one. The case that I've presented is very clear and I've also listed potential reasons for it. My definition of spam is also much wider than yours. I'd say that badly implemented shitcoin functionalities such as Komodo Federation something are also spam.

if that is true, it makes me even more convinced there should not be any blocksize limit.

Side-effect: You can mine absurdly large blocks and DOS everyone. Absurdly high orphan rates are just the cherry on top of the cake.