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Author Topic: LocalBitcoins !!!! 80 HOURS to confirm !!!!  (Read 1688 times)
bilabonic
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February 23, 2017, 01:12:16 AM
 #1

Hi All

Just thought i would sell a few BTC and used my old wallet and sent 2.2 BTC......Stated low transaction fee ??

So i sent abother 2.22 BTC via mt Multibit wallet and it's the same !!!

WHY...It was always 30-40mins !!!

 Huh

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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February 23, 2017, 01:22:19 AM
 #2

Hi All
Just thought i would sell a few BTC and used my old wallet and sent 2.2 BTC......Stated low transaction fee ??
So i sent abother 2.22 BTC via mt Multibit wallet and it's the same !!!
WHY...It was always 30-40mins !!!
 Huh

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February 23, 2017, 02:13:40 AM
 #3

Hi All

Just thought i would sell a few BTC and used my old wallet and sent 2.2 BTC......Stated low transaction fee ??

So i sent abother 2.22 BTC via mt Multibit wallet and it's the same !!!

WHY...It was always 30-40mins !!!

 Huh
Several threads revealing the same information but on several requirements of transactions were running parallel. At least you can be happy because you've got confirmed in 30-40 mins though you have paid small fee. This is not a big delay, users are waiting more than 48 hours to get their transaction confirmed.

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February 23, 2017, 02:24:38 AM
 #4

confirmed in 30-40 minutes is lucky enough with low fees get confirmation on that time, in my side i should give more fees to get fast confirmation and sometimes although i have give big fees my transaction still get confirmation at long time and when i try with low fees i get confirmation at around 24 hours :-/ but not always, my transaction with low fees usually get confirmation around 1 hours
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February 23, 2017, 02:52:26 AM
 #5

if the wallet address was right, it's just the good and old queue.
https://blockchain.info/en/unconfirmed-transactions

100k+ unconfirmed transactions.
if you paid 50k~100k satoshi fee, you'll probably have too wait a lot...

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February 23, 2017, 03:03:13 AM
 #6

Hi All

Just thought i would sell a few BTC and used my old wallet and sent 2.2 BTC......Stated low transaction fee ??

So i sent abother 2.22 BTC via mt Multibit wallet and it's the same !!!

WHY...It was always 30-40mins !!!

 Huh
Several threads revealing the same information but on several requirements of transactions were running parallel. At least you can be happy because you've got confirmed in 30-40 mins though you have paid small fee. This is not a big delay, users are waiting more than 48 hours to get their transaction confirmed.

yeah. in my point of view, waiting for 30-40 minutes for confirmation is not a long time. because I have ever had to wait for an hour to get confirmation, but it is also not a long time rather then those who need a day or two to get confirmation.


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February 23, 2017, 03:10:06 AM
 #7

Hi All

Just thought i would sell a few BTC and used my old wallet and sent 2.2 BTC......Stated low transaction fee ??

So i sent abother 2.22 BTC via mt Multibit wallet and it's the same !!!

WHY...It was always 30-40mins !!!

 Huh
it's fair takes time to confirm because it is not just you who do bitcoin transactions and I think it was quite fast. Now many who complained of the length of bitcoin confirmation so wait it, anyways bitcoin transactions can't be canceled

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February 23, 2017, 05:26:52 AM
 #8

Slowly but surely. Just wait it out. That is what I do but if I'm in a hurry, I will add a significant amount of fee for it to confirm faster. $1-$3 fee in bitcoin is OK for me.

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February 23, 2017, 05:32:53 AM
 #9

if the wallet address was right, it's just the good and old queue.
https://blockchain.info/en/unconfirmed-transactions

100k+ unconfirmed transactions.
if you paid 50k~100k satoshi fee, you'll probably have too wait a lot...
This is the first time i have seen 100k transactions in the mempool waiting to be confirmed, probably just another spam attack.

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February 23, 2017, 05:37:11 AM
 #10

A bunch of people is having this problem.
Slow transactions are Bitcoin worse thing (yes, it is getting bad).

Speeding up the transaction could be accelersted a little using:

https://www.viabtc.com/tools/txaccelerator/

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Senor.Bla
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February 23, 2017, 08:17:46 AM
 #11

High fees and unconfirmed transactions. Could have something to do with the spam attacks you can read here often in the last days. The scaling problem is still not solved, so the reasons are numerous. We can only hope for Bitcoins sake that it is only a temporarily thing and adopt to the situation.

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February 23, 2017, 08:23:18 AM
 #12

Speeding up the transaction could be accelersted a little using:

https://www.viabtc.com/tools/txaccelerator/
I also have one transaction with 60 satoshi+ per byte fee for over 24 hours and just entered its details in the above accelerator lets see will this work or not.

But how actually this accelerator will work? Is this just like other re-broadcasting?


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February 23, 2017, 09:41:13 AM
 #13

A bunch of people is having this problem.
Slow transactions are Bitcoin worse thing (yes, it is getting bad).

Speeding up the transaction could be accelersted a little using:

https://www.viabtc.com/tools/txaccelerator/
I see this service and others like it promoted by more and more users every week, unfortunately this may become the norm for bitcoin transactions until a solution can be found.

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February 23, 2017, 09:41:42 AM
 #14

The talk about these  delayed confirmations are driving my nerves crazy and I urge the developers to help us with an increased block size because these problems are escalating due to the numerous complaints we are reading about on this forum. Please do something.



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February 23, 2017, 09:57:03 AM
 #15

30-40 minutes is not that long. I once waited 1 day for a transaction to confirm. What I learned from this spam attacks is, bitcoin is not yet ready for the future or major adaption. 100K unconfirmed transactions is not forgivable. Bitcoin must adopt to be able to process more transactions.

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February 23, 2017, 10:10:59 AM
 #16

30-40 minutes is not that long. I once waited 1 day for a transaction to confirm. What I learned from this spam attacks is, bitcoin is not yet ready for the future or major adaption. 100K unconfirmed transactions is not forgivable. Bitcoin must adopt to be able to process more transactions.

Been there, happened lots of times and it really feels bad when we are struck at a point in the Bitcoin's life. I guess segwit may solve most of the problems we are facing now, increasing a fees will be a short term solution for this waiting.

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bitkilo
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March 03, 2017, 05:45:43 AM
 #17

I still see way too many 1 transaction blocks being mined when there are tens of thousands of transactions with fee attached sitting in the blockchain.
Miners should be made to fill blocks especially at times of high unconfirmed transaction in the mempool.

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March 03, 2017, 06:21:43 AM
 #18

I still see way too many 1 transaction blocks being mined when there are tens of thousands of transactions with fee attached sitting in the blockchain.
Miners should be made to fill blocks especially at times of high unconfirmed transaction in the mempool.
Yes the same issue got generated in the past when bitcoin fake volume were identified by the peoples bank of China. Thousands of transaction were found unconfirmed when blocks get mined continuously. Also confirmation delay is found high in localbitcoins higher than other wallets.

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March 03, 2017, 07:32:44 AM
 #19

30-40 isn't good either, it should confirm in 10 minutes, when everything work good, which isn't the case with bitcoin that do not scale

with multibit you can't even do abandon transaction i think, or they have integrated it in the last version?

now just wait it will return back or get confirmed eventually
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March 03, 2017, 07:39:53 AM
 #20

I still see way too many 1 transaction blocks being mined when there are tens of thousands of transactions with fee attached sitting in the blockchain.
Miners should be made to fill blocks especially at times of high unconfirmed transaction in the mempool.
I would like to know one thing,do miners have the ability to manually include a transaction in their mining block and another doubt is even with the one transaction per block will they be getting the 12 bitcoin for the block. The transaction delays are really frustrating but with higher fees it will get through within an hour.
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