What's wrong with Bitcoin?

[ImHash]

It has a limited block size capacity, miners can mine empty blocks and after reading more than 15 pages I haven't found a convincing answer.
You can literally spam with free transactions or very low fee ones, so now you know who is spamming and how.

[sportis]

I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.

You are wrong. It is being spammed until the mem pool is flooded. You also clearly do not know much of what is going on. Try to follow the Twitter accounts of known Bitcoiners like GMaxwell or Peter Todd. Peter Todd tweeted once that the network congestion is unnatural. That it clearly is being spammed by someone or some group. Old Bitcoiners here claim to know who is behind it.

I agree that the feeling in general was that there was a spam attack in progress and the unconfirmed transactions had reached in ath of about 100k. Somewhere, I read that a core developer found the network address of someone was trying to flood the network causing delays and high fees in all the transactions. But even though people are able to reveal the real identity behind him they could not accuse about it  because anybody has the right to spend his bitcoins like as he wants.

[chixka000]

How could be a bitcoin being attack? Is it really possible? With regards to the delayed bitcoin process IMO this can be easily fixed if we only have more farmers or  the farming hardware are more efficient than we are using right now.

[traderethereum]

i think this is because of many transaction in the same time and need to gets confirmed by the network and this could make the network is having heavy transaction and loads more times to make confirmed. but at least if we see that there is a transaction that is see in our wallet or our wallet address transaction then i am sure that the amount of bitcoin in the end will be arrive but we need to waiting.

[googlebtc]

I saw just getting under 1k new transactions today is not like yesterday, I think this problem will be solved soon bitcoin course for the future so it is better although there was an attack spammers transactions

[Dudeperfect]

The current number of unconfirmed transactions is 9,600+. It seems that there is no alternate option than paying high fees for the transaction. I have literally postponed my unnecessary transactions to avoid the confirmation delay but we really need to find a concrete solution for such kind of issues because it is happening again and again during a short interval of time.

[bravehearth0319]

BITCOIN network is under heavy attack.
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.

What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.

http://prntscr.com/edfr58
http://prntscr.com/edfr58

This just only your thought that bitcoin was being under attack, but the truth is not, this is all because of the volatility happening now. Even there is a lots of delayed transactions unconfirmed its very understandable due to bitcoin users are getting higher the and there is a huge volume coming it everyday,.

[BTCLovingDude]

I saw just getting under 1k new transactions today is not like yesterday, I think this problem will be solved soon bitcoin course for the future so it is better although there was an attack spammers transactions

it is a bit hard to understand what you mean but i think you are not checking the right thing for number of "new transactions" or better said unconfirmed transactions in the memory pool.
use this https://blockchain.info/unconfirmed-transactions and it says more than 9K right now. and it is way less than it was before but this number is still a huge one compared to normal days of 2K-3K transactions in mempool.

[Hazir]

I saw just getting under 1k new transactions today is not like yesterday, I think this problem will be solved soon bitcoin course for the future so it is better although there was an attack spammers transactions

it is a bit hard to understand what you mean but i think you are not checking the right thing for number of "new transactions" or better said unconfirmed transactions in the memory pool.
use this https://blockchain.info/unconfirmed-transactions and it says more than 9K right now. and it is way less than it was before but this number is still a huge one compared to normal days of 2K-3K transactions in mempool.

10k unconfirmed transactions is still super low, and I am flabbergasted how can anyone calls it a problem. 100k is a problem!
No matter how fast bitcoin confirmation will be, there will be always people for whom it won't be enough.
Their way of thinking: 'Look we have 10k unconfirmed tx! It is probably because bitcoin is dying, abandon ship, buy altcoins!'

[iqlimasyadiqa]

There is a guy who told me that Bitcoin is under attacked of spamming transactions. The blockchain system can not deal with this attack and the results are that all transactions have been delayed and unconfirmed for more than 24 hours. However, I have a solution for myself already so that it does not bother me

for now it is better not to use the ago transaction. we had to wait because we feared the funds late. This is currently being experienced by many people using bitcoin.

[CryptoVzla]

yep, there is an spam transactions attack right now. I don't want to sound crazy but i think that someone declared war on Bitcoin. I don't know who or why but we as a community have to do something. SegWit it's taking a while and lighting or BU seems to be a lost cause.

[calkob]

BITCOIN network is under heavy attack.
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.

What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.

http://prntscr.com/edfr58
http://prntscr.com/edfr58

The current mempool is about 3000 transactions, thats the lowest i have seen it in ages, hardly an attack.  even when bitcoin is attacked it only gets stronger because of it.

[nyanhtet]

high fee, delay network, no value. Soon!!!

[savioroshan]

I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.

Yeah , I also think the same. Since the bitcoin price is rising and the demonetisation in India ,it started to hit the headlines of many news site and this made many people started to involve in bitcoin business thinking its a good investment. I think because of this network transaction rate slowed and nothing to worry.

[deadpoolx]

I think the congestion is just because more and more users are using the bitcoin network for transactions. I had one transaction stuck in the blockchain for over four days, which is the worst ever, even though I had paid an advance fee of 87 cents lol, but hey it's o.k now. 

Possibly, and it's good to know that the number of users is growing. But it is disappointing to realize that the network is not yet ready to deal with this number of users, which although it is growing, it is still a very small number compared to the amount of people who make transactions every day on the internet, through other payment systems, and possibly would have been interested in using Bitcoin. Many of them would not consider this possibility under current circumstances.

[BitcoinPanther]

I think the congestion is just because more and more users are using the bitcoin network for transactions. I had one transaction stuck in the blockchain for over four days, which is the worst ever, even though I had paid an advance fee of 87 cents lol, but hey it's o.k now. 

Possibly, and it's good to know that the number of users is growing. But it is disappointing to realize that the network is not yet ready to deal with this number of users, which although it is growing, it is still a very small number compared to the amount of people who make transactions every day on the internet, through other payment systems, and possibly would have been interested in using Bitcoin. Many of them would not consider this possibility under current circumstances.

I think it is not purely on the adoption of people. Someone is spamming the network probably to push their ideals.  it is some sort of propaganda hurting Bitcoin users to either make them leave the community or pressure someone to implement things,  But honestly I do not have any idea on which side is doing the spamming.

[shinratensei_]

BITCOIN network is under heavy attack.
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.

What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.

http://prntscr.com/edfr58
http://prntscr.com/edfr58

There are no problems bitcoin services such as blockchain, epay and etc. But due to the small blocksize of bitcoin and it can't validating a lot of the transaction in once time and. If the block of bitcoin can validate up to 3 transactions on every second and at the same time 6 people in the various countries are trying to make transactions on the same time. and the bitcoin can't validate all of the transaction in once time.

[Yakamoto]

I think that the biggest issue Bitcoin currently experiences right now is the longer wait times that are experienced when it comes to having a transaction to go through, compared to other forms of payment that exist.

Beyond that, I see very few issues and most of the system is set up very, very well, with minimal issues compared to literally everything else.

[Wind_FURY]

I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.

You are wrong. It is being spammed until the mem pool is flooded. You also clearly do not know much of what is going on. Try to follow the Twitter accounts of known Bitcoiners like GMaxwell or Peter Todd. Peter Todd tweeted once that the network congestion is unnatural. That it clearly is being spammed by someone or some group. Old Bitcoiners here claim to know who is behind it.

It piles up you know, even with or without an attack upon the blockchain. But regardless, I really do believe we have to do something about the fees and the speed of the transactions. The problem only gets worse and the fees gets more expensive. That's a concern we all have to do something about.

No. You cannot admit that you are wrong. The flooding of the mem pool is an abnormal incident. The total transactions and users of Bitcoin did not increase very much for something like it to happen. There is someone spamming the network and he is willing to pay millions in fees to do it over and over again just to try to put the Core developers on its knees. What the spammer fails to understand is Core will never ever give up on Bitcoin.

[Herbert2020]

I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.

You are wrong. It is being spammed until the mem pool is flooded. You also clearly do not know much of what is going on. Try to follow the Twitter accounts of known Bitcoiners like GMaxwell or Peter Todd. Peter Todd tweeted once that the network congestion is unnatural. That it clearly is being spammed by someone or some group. Old Bitcoiners here claim to know who is behind it.

It piles up you know, even with or without an attack upon the blockchain. But regardless, I really do believe we have to do something about the fees and the speed of the transactions. The problem only gets worse and the fees gets more expensive. That's a concern we all have to do something about.

you need to check some numbers and some of the behaviors from the days the spam attack happened with the days that there were no spam attack and you can understand where you are wrong.
one of the good sites that gives you some visual aid is http://statoshi.info check the memory pool and how it changes at times of spam attack, it is impossible to miss!