How today was my last btc transaction.

[freedomno1]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

The Gambling sites need to go off-chain for the intermin to avoid the slow transaction processing due to Mempool.
 For those who don't want to pay that large of a fee on small bets could always make an account and create a bet on betmoose or something.
However I feel like the real solution for the period is to provide an alt-coin as a quick deposit option.
It is a good time to be poloniex or a Bitcoin exchange.

[1715076738]

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[mylabs01]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

you should try to pay an extra fee.. much higher fees perhaps. having a normal transaction will take time for confirmation. so if you're in a rush, better have a higher fee..

[markisanon2434]

The option for you would be to pay higher transaction fee if you are using bitcoin to gamble or use other gambling platforms such as Vdice which uses ETH only as the entire platform is based on the Ethereum blockchain. I believe the confirmation is quicker and cheaper than bitcoin. 

https://www.vdice.io/

[sportis]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

For many people paying high transaction fees is a deterred factor when using bitcoin but I can't believe that it is applies for gamblers and traders because there is no reason to care so much for some more satoshis. So, anybody wants to be served more fast than the others must be willing to pay more. That is fair, right?

[carlfebz2]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

For many people paying high transaction fees is a deterred factor when using bitcoin but I can't believe that it is applies for gamblers and traders because there is no reason to care so much for some more satoshis. So, anybody wants to be served more fast than the others must be willing to pay more. That is fair, right?

It doesnt really matter at all and you are right those small amount of satoshis on fees cant affect too much on them.Bitcoin would really be used because of its fast transaction or payment convenience related to any activities which do commonly happen on cryptocurrency world.

[nara1892]

it doesn't really matter, really, as long as the transaction is confirmed and you get your bitcoin. you don't need to pay higher for small payment, just need to keep patient.

however, leaving bet is good one.

[bitbunnny]

I would say that you think twice before leaving Bitcoins. I mean, there are problems and nothing is perfect, slw confirmation could realy be annoying but this all can be solved. You can also have problems with your bank account or credit card but you will not quit them just like that, right. But the good thing in your story is that you leave gambling, you will save a lot of money.

[Kemarit]

I would say that you think twice before leaving Bitcoins. I mean, there are problems and nothing is perfect, slw confirmation could realy be annoying but this all can be solved. You can also have problems with your bank account or credit card but you will not quit them just like that, right. But the good thing in your story is that you leave gambling, you will save a lot of money.

Well, I got my bitcoin in less than 1 more than the previous week. And I send someone btc in a few minutes as well. So basically, it was smooth on my end, whether receiving or accepting it. So its a good experience for me overall. However, even if my transaction got confirmed later, I will still used it still as my mode of payment. Remember, it was designed for micro-payment as well so it will still go for me. I haven't check the mempool lately so I don't know if there are still a lot of network transaction backlog though.

[OliynyK]

Any other people feeling the same like me who are tired of these slow confirmation like today?

Pay a better transaction fee, get faster confirmation. Problem solved.

Paying a larger transaction fees will solve the issue but what if the odds are pretty low and you wont be having a good winning margin then it will be an issue,but i would suggest the OP using sites like nitrogen,cloudbet and so on so that you could wage your bet when ever you want and take your winnings at a later time ,it could save some fees you are talking about.

[carriebee]

Any other people feeling the same like me who are tired of these slow confirmation like today?

Pay a better transaction fee, get faster confirmation. Problem solved.

This is right, once you pay a large fees will gets better and faster confirmation. I also encountered this kind of problem, too slow to process the transactions. This has been the problem really of mang users too many pending transactions.

[YuginKadoya]

Your problem was the most problem here in the forum and every single transaction that are so hard to confirm was the fees was so low and if you are having a hard time on it why would you gonna quit in any transaction you ever made! just bare with it for now and make a bigger fees so you would not have any problem like that!

[OneUnderBridge]

Maybe the whole "fee" thing is why Dogecoin does so well. It stays cheap but consistent and reliable. When transferring between exchanges, trade in BTC for Doge, transfer to new exchange, then trade Doge back to BTC. Is that what's happening?

[Juggy777]

I can understand the issue. Being a gambler I can understand we often tend to make last minute bets and it's annoying if you miss out on the bets. One option I feel not really sure if it's exists. What if you could top up your betting account. I mean pick a reliable betting site, top it up and then keep on playing without any worry. Not sure if this is correct. I also feel if this is moved to gambling discussion thread you will get far more deeper replies, do consider it.

[BillyBobZorton]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

The users want fast confirmations and low fees.  Blockstream controlled Core devs don't care what you want.  They're going to scale Bitcoin according to their own roadmap, and if you don't like, tough shit.

Any questions?

Faster confirmations, cheaper fees = segwit + schnorr sigs

Instant confirmations, near free = LN

blocksize remains reasonable to be run under average computer = decentralized network

Core Roadmap = the best

Any questions?

[OneUnderBridge]

Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.

The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.

Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.

Any other people feeling the same like me who are tired of these slow confirmation like today?

The users want fast confirmations and low fees.  Blockstream controlled Core devs don't care what you want.  They're going to scale Bitcoin according to their own roadmap, and if you don't like, tough shit.

Any questions?

Faster confirmations, cheaper fees = segwit + schnorr sigs

Instant confirmations, near free = LN

blocksize remains reasonable to be run under average computer = decentralized network

Core Roadmap = the best

Any questions?

Hard fork?

[numismatist]

Faster confirmations, cheaper fees = segwit + schnorr sigs

Instant confirmations, near free = LN

blocksize remains reasonable to be run under average computer = decentralized network

Core Roadmap = the best

Any questions?

Hard fork?

In the end it will become a Hard Fork. Just because the fractions can't settle. No Hardfork would require unity which isn't existing.

[OneUnderBridge]

Faster confirmations, cheaper fees = segwit + schnorr sigs

Instant confirmations, near free = LN

blocksize remains reasonable to be run under average computer = decentralized network

Core Roadmap = the best

Any questions?

Hard fork?

In the end it will become a Hard Fork. Just because the fractions can't settle. No Hardfork would require unity which isn't existing.

What are the possible consequences of a hardfork? And, wouldn't that create a "new coin?" And, would that split the market capital also?

[BingoDog]

I understand that you are frustrated as a gambler and that long confirmation periods are making you troubles because often you can miss good opportunities because of that. But don't quit bitcoin entirely, there are other fields where you can use it and holding bitcoin is still good investment.

[BlueStackz]

I understand that you are frustrated as a gambler and that long confirmation periods are making you troubles because often you can miss good opportunities because of that. But don't quit bitcoin entirely, there are other fields where you can use it and holding bitcoin is still good investment.

Considering how the bitcoin economy market value is based on gambling in a very large way means that if people stop using bitcoin in gambling affects it in a big way, and since the transaction are taking a lot longer time to get complete means that gamblers will have a hard time making bets at the right moment so they stop gambling with bitcoin, and if this consists that means that we are going to see a big crash of the price.

[QuestionAuthority]

I really can't understand why people refuse to accept that bitcoin was designed to eventually have high transaction fees.

Bitcoin was designed with a built in system that gives miners free money for mining (block reward). The free money was scheduled to slowly drop and transaction fees would slowly take over for the block reward. Bitcoin, at no time, was ever expected or designed to be a "free" method for sending money.

Bitcoin only has one fucking job people. It removes the need for trusted third parties to supervise transactions.

That is all. By design, it's not free, it does not pay you for sitting at your computer, it does not help you buy drugs, it will not get you pussy, it is not a gangstas paradise, it will not make you a winning gambler. Use it for whatever you want but realize it ain't free.