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Author Topic: Bitcoin transactions confirmation time.  (Read 3009 times)
The_Dark_Knight
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February 26, 2017, 01:28:05 AM
 #61

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.
The monetary value of the transaction is irrelevant, if the size of the transaction is too big and the fee is too low it may take a lot of time to confirm the transaction if it gets confirmed at all.


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February 26, 2017, 08:38:00 AM
 #62

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.
The monetary value of the transaction is irrelevant, if the size of the transaction is too big and the fee is too low it may take a lot of time to confirm the transaction if it gets confirmed at all.
I still not understand what you want to say here. If the size of transaction is bigger, we can expect that more transaction will be added to a block and more transaction will be confirmed.
Nowadays, we have witnessed a hundred thousand bitcoin transactions can not be confirmed. therefore, increasing the blocksize is the best idea


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February 26, 2017, 11:14:17 AM
 #63

I had mine confirmed after 4 days I have to rebroadcast it,there were to many transactions in line I thought it's not going to confirm,but on Yobit I had my withdrawal in 2 hours only,maybe because the fee is high enough to get accepted in the blockchain,I hope it get fix we cannot go on like this the whole year.


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February 26, 2017, 11:19:36 AM
 #64

Just another attack on Bitcoin with fees rising to the moon again and txs taking forever to confirm. Happens every once in a while, but the best you can do is to use your own node to get it processed quicker or try to put a higher fee on a transaction. It's a huge PITA but it just happens and for now not much is being done to stop it.

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February 26, 2017, 11:21:47 AM
 #65

I think for the transaction will be faster when you just find a new transaction under 15k at least you will not wait too long to get confirmation
https://blockchain.info/id/unconfirmed-transactions
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