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Author Topic: LocalBitcoins !!!! 80 HOURS to confirm !!!!  (Read 1786 times)
NorrisK
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March 03, 2017, 07:43:18 AM
 #21

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.

The price jump lately is not helping either. More people are boarding the bitcoin train as they are experiencing FOMO. This will also increase the pressure by adding a ton of real transactions besides the spam to the network.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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lEgEndArIUs
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March 03, 2017, 07:55:15 AM
 #22

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

This is a lot happening in the exchanger, I once sent a bitcoin from blockchain and time of confirmation over 6 days or 6x24 = 144 hours, this might occur because of a busy block.
Betwrong
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March 03, 2017, 08:05:17 AM
 #23

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.

As far as I understand, his transaction wasn't confirmed. What he is saying is that it always has been 30-40mins, but now it's not like that any more.

Well I was in the same situation several weeks ago. Waited around 36 hrs for the first confirmation although my fee was $0.30.

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googlebtc
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March 03, 2017, 08:48:10 AM
 #24

https://blockchain.info/unconfirmed-transactions
I just looked on the day the transaction waiting for confirmation and never this much, but I think this issue should really be addressed of course to get the comfort of each user
requester
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March 03, 2017, 10:09:58 AM
 #25

It is the biggest problem ever in blockchain may be its the ear of new and modification of the outdated technology. we need to upgrade our system and technology along with the modern trends and demands. blockchain had got too slow.
calkob
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March 03, 2017, 12:20:26 PM
 #26

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

I dont understand why you would come on here to complain about how long it is taking to get a confirmation,  either you just want to vent off  or you havnt been keeping up with recent news regarding Fees/confirmation times.  So the simple answer is that know body can tell you why unless you or local bitcoins haven't paid the correct fee to get included in a block or you have inputs that havn't paid and are still awaiting confirmation.
megynacuna
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March 03, 2017, 12:37:49 PM
 #27

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

This is outrageous and there's the need for us to implement segwit or BU or even increase the block size to say 4.0 mb for us to get quicker confirmations because it's gradually getting out of hand and it's now settling on whether to go for a hard fork or a soft fork. We need solutions people, not arguments!!!
Dmitry.Vastov
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March 03, 2017, 12:56:02 PM
 #28

30-40 minutes is not bad at all. And thats at a low fee. Me, i send .2 btc in my wallet with a low fee but it takes several hours to be conformed. Just put your fee on priority to avoid inconvience. The transactions these days are atking a lot of time than before. They said that this problem is due to spam attack. So i hope they will fix it soon.
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