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Author Topic: Transactions now take ages to confirm?  (Read 4887 times)
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DoublerHunter
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May 05, 2017, 08:24:42 AM
 #21

I also use bitcoin back in the days and it is still fast but now it is not that fast and it takes a lot of time. I think its because of the volume of users that are keep increasing everyday because of the tons of news about bitcoin and a lot of people are also getting interested because of its high price so i think the network is overload now so that is why transactions took too long to confirm.
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May 05, 2017, 08:44:35 AM
 #22

yes, agree, it is not moving. im using bitcoincore wallet.
what do i need to do. ?.
any suggestion would be highly appreciated.

Thank you
Lecam
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May 05, 2017, 09:11:31 AM
 #23

yes, agree, it is not moving. im using bitcoincore wallet.
what do i need to do. ?.
any suggestion would be highly appreciated.

Thank you

Just wait for it to appear in your wallet, theres nothing we can do about that, or if you want to appear much faster, pay the fee, and it can appear in less than 15-20mins. But i suggest you to just wait for it and not pay for the fee. Because before, i experienced i sent a small amount of bill, and pay the fee, i was shocked because the fee is much expensive than what i sent,  I'm totally pissed at that time, so im suggesting you not to pay the fee and use the free if you dont want it to experience.
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May 05, 2017, 09:35:18 AM
 #24

I had a transaction the other day take 2 full days to confirm, and have another one currently on it's 2nd day. Beat that.

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May 05, 2017, 09:37:02 AM
 #25

I had a transaction the other day take 2 full days to confirm, and have another one currently on it's 2nd day. Beat that.
then are you have low fee for that right?

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mmo_online_1981
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May 05, 2017, 09:57:20 AM
 #26

As I know, the time to confirm a transaction at this time is about 30 minutes for a fee of about $ 0.5. If the lower fee charge can take from 1 to 3 hours! Longer can be up to 1-3 days
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May 05, 2017, 10:54:29 AM
 #27

thanks for the word of comfort guys, but hopefully this will go through...
but when you put low fee already on the transaction you cannot add new fee right ?
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May 05, 2017, 09:46:34 PM
 #28

still nothing.


Status: 0/unconfirmed, in memory pool
Date: 5/5/17 23:19
To: trezor 15ZW6Ah5bMrnTRbXeTTXPgKkQmn2dmQCDe
Debit: -0.59000000 BTC
Transaction fee: -0.00231872 BTC
Net amount: -0.59231872 BTC
Transaction ID: dae8c826e2cc360fe2d819545ec81db98a7dc722a4e1b58efe72299c54b6ce54
Transaction total size: 3025 bytes
Output index: 0


any help how to do this 4 days now Sad
olubams
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May 05, 2017, 09:56:57 PM
 #29

I've been using Bitcoin before it was cool

I don't ever remember a transaction taking so long. It has been 3+ hours, my VPN subscription payment is long overdue. Is anybody else having this issue?

If you're going to moan about how I should pay more fees, then please don't waste your time by posting

I thought I was the only one facing this issue until now. Just few days back when I made a transaction, it took forever for it to confirm and stood 0 confirmation for several hours despite the fact that I even paid extremely high transaction fees. It got to a point that I was considering acceleration due to the reputation on the line as a result of the delay but the price I was told made the fees more expensive and my fear is if this should continue, I see abandonment of bitcoin gradually to a more cost friendly crypto.
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May 05, 2017, 10:04:00 PM
 #30

I've read quite a bit about these complaints of transactions taking long to confirm.  I have to say, i have not encountered it at all in any of my transactions the past week, although it might be because my transactions are worth next to nothing  Grin Grin
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May 05, 2017, 10:10:28 PM
 #31

I've read quite a bit about these complaints of transactions taking long to confirm.  I have to say, i have not encountered it at all in any of my transactions the past week, although it might be because my transactions are worth next to nothing  Grin Grin
It is not about amount you are sending, it is all about the size/fee ratio.

More than 10 hours ago I sent $93 worth of BTC to an exchange wallet. I included fee of 0.0009816 BTC which was $1.52 USD at the time of sending.

Are we trying to break Guinness word record in number of unconfirmed transactions? Because I checked and we have like 150k pending TX.



awesome31312 (OP)
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May 05, 2017, 10:16:29 PM
 #32

This is ridiculous, it has been over 24 hours, I still have 0 confirmations. If only I knew, ugh. I would pay for my VPN again with the fee provided, but I already have the transaction in progress. I'm frustrated because of how helpless I am, it's ironic that one of Bitcoin's many selling points was "NO TAXES"

This shit's got to stop  Angry Angry Angry

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Gleb Gamow
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May 05, 2017, 10:37:31 PM
 #33

This is ridiculous, it has been over 24 hours, I still have 0 confirmations. If only I knew, ugh. I would pay for my VPN again with the fee provided, but I already have the transaction in progress. I'm frustrated because of how helpless I am, it's ironic that one of Bitcoin's many selling points was "NO TAXES"

This shit's got to stop  Angry Angry Angry

Time is a commodity or, moreover, a [not-so] hidden tax when it comes to awaiting confirmations.
awesome31312 (OP)
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May 05, 2017, 10:40:22 PM
 #34

This is ridiculous, it has been over 24 hours, I still have 0 confirmations. If only I knew, ugh. I would pay for my VPN again with the fee provided, but I already have the transaction in progress. I'm frustrated because of how helpless I am, it's ironic that one of Bitcoin's many selling points was "NO TAXES"

This shit's got to stop  Angry Angry Angry


Time is a commodity or, moreover, a [not-so] hidden tax when it comes to awaiting confirmations.

That is deep, I think you really just changed my perspective  Shocked Shocked

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Meuh6879
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May 05, 2017, 10:50:02 PM
 #35

Honestly higher fees are just a workaround. What really needs to be done is we need a larger block and we need the Blockchain spamming to stop.

just skyrocket the price of bitcoin and spam stop ... because it's too expensive.





it's an antiSPAM.
a real one.





so, pay the fees and ...
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May 05, 2017, 11:21:35 PM
 #36

For the first time I have been waiting more than 14 hours for a tx, and counting...

Have you seen this chart? This is happening right now:


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May 05, 2017, 11:25:48 PM
 #37

Distraction.



















Real data.





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May 05, 2017, 11:28:26 PM
 #38

I've been using Bitcoin before it was cool

I don't ever remember a transaction taking so long. It has been 3+ hours, my VPN subscription payment is long overdue. Is anybody else having this issue?

If you're going to moan about how I should pay more fees, then please don't waste your time by posting
Well, I ever wait for more than 12 hours to get a single small transaction (0.05BTC) to be confirmed when bitcoin reach ATH at $1300 few months ago. It's normal since we don't have bigger block size which simply cannot afford so much transaction within seconds and now unconfirmed transaction just reach 142K, so, you're among those people who waiting.
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May 05, 2017, 11:39:11 PM
 #39

I think this is always happening if you are paying a default or a fee that you are using before not a good idea if the price is increasing.. its always happening to me that every time the price was increase there is the possibility that they will ask for higher fee.

Like the other chart shown above i also check most people are paying higher fee if you can see the chart in blockchain starting from april 30 . the chart acting to increase and  jump more high .. means i think we should go to pay for higher fee if we don't want to wait for a long time..

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May 05, 2017, 11:44:22 PM
 #40

I think this is always happening if you are paying a default or a fee that you are using before not a good idea if the price is increasing.. its always happening to me that every time the price was increase there is the possibility that they will ask for higher fee.

Like the other chart shown above i also check most people are paying higher fee if you can see the chart in blockchain starting from april 30 . the chart acting to increase and  jump more high .. means i think we should go to pay for higher fee if we don't want to wait for a long time..

That's the tactic for wallets to earn also since bitcoin value now increases, for us to verify or confirm our transaction we need to pay ,which there's no need since some of my transactions were not that urgent to add some additional payment.

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