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Author Topic: Bitcoin transactions confirmation time.  (Read 2881 times)
Sled
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February 23, 2017, 07:34:05 PM
 #41

Bitcoin transaction is very slow, i send $20 of bitcoin to my another wallet and even after 2 days of waiting it doesn't seem that it gets confirmation and until now i'm waiting for that transaction to confirm because of my expenses that badly needed to pay as soon as possible.

This type of problem can be a factor why bitcoin is not getting the 100% of interest of other people since this confirmation time can be a downside and turn off for future investors, I hopes that this problem will be fix and the transactions will be faster than now.

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February 23, 2017, 07:35:58 PM
 #42

So, Bitcoin doesn't seem to be the best platform to take advantage of the microtransaction markets at this time.  That application is what was appealing to a large number of bitcoin adopters.  At this point, the microtransactions seem to be bloating the system....Is anybody working out a solution....will this effect the remittance markets if transaction fees continue to increase?

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February 23, 2017, 07:42:14 PM
 #43

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?

Yes, Bitcoin confirmation times and rates has been the headache of many in recent weeks and I'm tempted to say that it is making our beloved cryptocurrency unpopular by the day and I hope the developers come up with something quick to remedy this situation so that the delays and monetization of Bitcoin will cease.
Probably due to recent price pumping that increases the number of transactions were made thus make the delay occur to the network. Pretty disappointed by the speed of confirmation nowaday honestly, but there's nothing I can do. The best way is just making your fee higher than usual, it's sure working.

Well that's good idea to pay more fee for your transactions but in this isue how if the transactions was sent and the sender didn't remember to add more fees. I think it was too late to add more fees to get faster transactions.

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February 24, 2017, 06:41:55 PM
 #44

78 hours for me with blockchain Huh
I heard first time that few users transaction take too much longer time as 78 hours or days but i do not faced like this any problem that transaction time take 78 hours and sometime I think just few users faced these problem and maximum users bitcoin transaction goes very smoothly in few minutes.

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February 24, 2017, 06:48:37 PM
 #45

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?

Yes, Bitcoin confirmation times and rates has been the headache of many in recent weeks and I'm tempted to say that it is making our beloved cryptocurrency unpopular by the day and I hope the developers come up with something quick to remedy this situation so that the delays and monetization of Bitcoin will cease.
Probably due to recent price pumping that increases the number of transactions were made thus make the delay occur to the network. Pretty disappointed by the speed of confirmation nowaday honestly, but there's nothing I can do. The best way is just making your fee higher than usual, it's sure working.

Well that's good idea to pay more fee for your transactions but in this isue how if the transactions was sent and the sender didn't remember to add more fees. I think it was too late to add more fees to get faster transactions.
There is no assurance when sending bitcoin to other address or there is no exact time that your transaction will be confirm fast.
Increasing can help but sometimes it takes longer time. this is just what i experience..
Now i am now changing the process and use the bitcoin transaction speeder. where i found in this forum sometimes its not working but most of them are working when i am sending bitcoin in other address..
I dont need to pay more high amount of fee..  here is the address where we can speed up https://www.viabtc.com/tools/txaccelerator/

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February 24, 2017, 06:59:59 PM
 #46

it's not that common for a tx to be stuck for 48 hours I've to say, I have one stuck for ~3 days but that was a website's fault for sending using low fees (and using unconfirmed funds), so it took time.

The blockchain is slow now, but that long is abnormal, what were the fees? and can you share the txid?
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February 24, 2017, 07:04:53 PM
 #47

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?
Bitcoin has had this problem for quite some time, but every time there is pump you can expect the problem to get even worse for the simple fact more people begin to move their coins around so they can get some profits.

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February 24, 2017, 07:15:29 PM
 #48

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?
Bitcoin has had this problem for quite some time, but every time there is pump you can expect the problem to get even worse for the simple fact more people begin to move their coins around so they can get some profits.
The size of the mem pool is sometimes ten times as high as it is on other days.
I'm not sure if that is normal behaviour, some people suspect a spam effort behind this.
Personally, now I look up the size of the mem pool every time befor I make a transaction.
If the size is too high, I make the transaction on another day.

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February 24, 2017, 10:54:55 PM
 #49

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?
Sorry to hear that. I haven't been having any problems sending or receiving Bitcoin. Seems completely fine to me, but for the rest of you, it doesn't seem so fine.
What kind of fees have you guys been using? I normally use around 30k satoshis and it seems to work fine. Hopefully the problem gets solved soon though, don't want there to be a huge backlog.

it's not that common for a tx to be stuck for 48 hours I've to say, I have one stuck for ~3 days but that was a website's fault for sending using low fees (and using unconfirmed funds), so it took time.

The blockchain is slow now, but that long is abnormal, what were the fees? and can you share the txid?
The whole time I have been using Bitcoin, I have never waited for a transaction to take over a day. This really needs to get solved if Bitcoin wants a chance of going mainstream.

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February 25, 2017, 12:51:31 AM
 #50

78 hours for me with blockchain Huh
I heard first time that few users transaction take too much longer time as 78 hours or days but i do not faced like this any problem that transaction time take 78 hours and sometime I think just few users faced these problem and maximum users bitcoin transaction goes very smoothly in few minutes.
Nope, if you realize and always watch the unconfirmed transaction on the blockchain at the same time with high traffic of the bitcoin network. and if you're sending your transaction through the exchange site with the fixed fees and you will get this problem.

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February 25, 2017, 01:20:58 AM
 #51

lately it is often the length of bitcoin get 1confirm. I myself Samapa 12 hours have not signed into your account in order to quickly . solution is raising the delivery fee. This may occur because more and more are using bitcoin

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February 25, 2017, 03:38:13 AM
 #52

Took 4 hours when I made a transaction several days ago, and I don't like it. Gave me a scare. I thought it was gonna be one of those that takes over a day to get confirmed.

I knew there might be trouble since there's an unprecedented high with the number of unconfirmed transactions.

Unfortunately, the funds were already in a coinbase wallet, so, I practically had no control on what fees to use. (There's no option to set and pay for your own fees) Nothing I could do but hope coinbase wouldn't fuck up with the fees. (like blockchain.info often do)

Immediately after, I went hunting for a better web wallet where I could set my own fees. (Definitely not blockchain.info though.)  Cheesy

 

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February 25, 2017, 04:13:47 AM
 #53

78 hours for me with blockchain Huh
I heard first time that few users transaction take too much longer time as 78 hours or days but i do not faced like this any problem that transaction time take 78 hours and sometime I think just few users faced these problem and maximum users bitcoin transaction goes very smoothly in few minutes.

Most of us are having this probelm of tx not confirming on time. I am still waiting for my transaction to be confirmed for 4 days and still its not confirmed. Even i used the high fee using my electrum wallet but still something is wrong as it is taking too long to confirm.

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February 25, 2017, 06:30:23 AM
 #54

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?
I also have a friend same as happen into you, his waiting for confirmation for  more than 1day  so your not the only one experience it, But it's already confirm now .it's too hassle waiting for too long confirmation mostly when your In a emergency need it.

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doomistake
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February 25, 2017, 07:04:16 AM
 #55

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?

We are all facing the same situation right now. Because of the bitcoins price hit the $1200 per bitcoin, I am sure that many of us converted our bitcoins into fiat and send to our fiat wallet, resulting this many transactions that is being simultaneously being processed in the blockchain, that is why each transactions take some time to be confirmed.

But no worries, since it is only natural because it is not the first time this thing happen to all of us. This problem will be fix as soon as possible because it can't be like this forever, and there's no such thing like forever, so let's just be patience about this and we are going to received the money that we transferred to our fiat wallet and so on.


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February 25, 2017, 07:22:10 AM
 #56

this time, bitcoin transactions do occur so slowly. knows what makes it even slower. might interest people using bitcoin is growing rapidly, so it is a lot of transactions that take place within a few minutes. it makes transactions happen so slowly. so, I think, a reasonable case for more than 48 hours.


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Kolder
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February 25, 2017, 07:31:43 AM
 #57

Recently I've sent $20 for a trade but even after 48 hours its not confirmed yet. Are you guys too facing this issue with bitcoins?
many of my friends who complain about the bitcoin confirmation that the longer especially wallet in blockchain, and while I have not done bitcoin transactions until there is good news about the longer of confirmation bitcoin
Theres nothing connection on which web wallet would you use since they are just linked into the same blockchain and confirmation times nowadays would really be long and seeing on the network traffic its 100k which means it would be very long for your transaction to be confirmed.

due to high demand of bitcoin and lot of users , bitcoin transactions gets slow but I didn't experience yet having it confirmed on 2 days, though I remember I experienced it for 1 day.

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February 25, 2017, 07:36:58 AM
 #58

This confirmations are getting slower and slower months after months but i think the reason why it is getting slow is the volume of the transactions and the network cannot confirm it all. If this problem will not be solve before the next halving then this will be the reason why bitcoin will fall in the future years.

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February 25, 2017, 08:00:21 AM
 #59

Yes, this situation continues to occur, the current, the transaction is choked again, it was not handled quickly. I had to wait more than 18 hours for the transaction is confirmed, this is really bad sins. I'm wondering when this came last? Managers did not give the best measure

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February 25, 2017, 08:09:24 AM
 #60

You should know, even before buying bitcoin and diving into such an adventure, that there is a way transactions are regulated. Fees are this regulation. Only so many transactions can be confirmed every 10 minutes, and depending on how much you pay, the higher your priority. Usually, the average fee is about 0.0001, but recently, it is around 0.0002-0.0003.



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