Why blockchain taking days for BTC confirmation?

[ohgud007]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

[amacar2]

- Currently mempool is full with unconfirmed transactions and many believe that those transactions are actually spams created to attack bitcoin network.

- Yes increasing fee for your transaction will certainly help you to get faster confirmation.

- Fee depends upon size of your transaction (depends on number of input and output) and not upon how much you are sending out in terms of bitcoin or fiat.

[mindrust]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

Yes, if it takes too long, send your bitcoins with a higher fee and you won't have a problem. I know it sucks but that's how it is now.

You can check the current fees here: https://bitcoinfees.21.co/

If you send your bitcoins and pay 201-220 bytes/satoshi as a fee, they will get through almost instantly. These numbers can get higher or lower depending on the current situation, so always check the website i wrote above before sending anything.

[Nagadota]

The network isn't necessarily slow, just congested.

It's like a road with thousands of cars of traffic which are barely moving, but if you pay a bit more you can hire a helicopter and take the fast track.  Basically, there's too many transactions but higher fees give you the priority and then your transaction will be fast.

You can use the recommended fees and you'll end up with fast confirmations.  Anything over 150 satoshi/byte or so will most likely be confirmed within a day anyway.

[SONG GEET]

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

It completely depend upon your size of transaction, if you have received this 1500$ in several batches than you may end up paying more in fees. But if you have received this within one transaction and would like to send them out, you have to pay way lower than 1$ in terms of bitcoin as fee.

[dothebeats]

Satoshi / byte is your best friendwhen it comes to calculating the fee you would need to pay, also viabtc and https://bitcoinfees.21.co if you are quite unsure on what to oay to get your tx confirmed within the next block. Currently there are 80,000+ unconfirmed tx in the mempool, and if you pay 223 satoshi / byte on your tx, you would have it confirmed within the next block.

[cotton ball]

If the mempool is flooded, the transaction will be pending continuously until the transaction amount is under 100k, for me "fee" is not the important factor, unless we do need the hasty transaction at that time. All transfers will still be processed regardless of the amount of fee you spend. All will be well processed and you don't have to worry about this, this classic problem occurs because the blocksize is still about 1 mb.

[JeffBrad12]

Any idea why BTC confirmation taking days to confirm?

The block can't be validating a lot of the transaction. The unconfirmed transaction gets stuck on queue due to the increase transaction fees.

Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

If some of your amounts back to the sender or your wallet, And you will be able to replace your fees with the second transaction.

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

Over 65k satoshi if you want to get a confirmation less than 10 minutes.
Over 260satoshis/byte.

[FlamingFingers]

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

Over 65k satoshi if you want to get a confirmation less than 10 minutes.
Over 260satoshis/byte.

No one can determine the proper fees for a specific transaction like this $1,500 in bitcoin, unless they see how much the size of the inputs and outputs data. Hence, saying 'pay (A) amount of bitcoin as fees to get faster confirmation' is not valid. It solely and only depends on the data size, not the amount of money transacted, nor the wallet's 'fixed/recommended' fees (as it seems to be broken somehow).

[MingLee]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

If you're sending $1.5k in BTC just use whatever standard transaction fee is being offered plus maybe a dozen satoshi per byte. It's unlikely you have to shell out a ton of Bitcoin just to get that moved through the blockchain.
Having a point where a transaction that fails to gain at least 1 confirmation gets reset from the blockchain would be a neat idea but it opens up issues and it unlikely to work properly.

[uneng]

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

Over 65k satoshi if you want to get a confirmation less than 10 minutes.
Over 260satoshis/byte.

No one can determine the proper fees for a specific transaction like this $1,500 in bitcoin, unless they see how much the size of the inputs and outputs data. Hence, saying 'pay (A) amount of bitcoin as fees to get faster confirmation' is not valid. It solely and only depends on the data size, not the amount of money transacted, nor the wallet's 'fixed/recommended' fees (as it seems to be broken somehow).

It always depend the moment you are sending the transaction. Ideal fee costs change all the time, you need to check on https://bitcoinfees.21.co/. This is the only site I know we have to check the fee ideal price.
These days there isn't way to send transactions at low cost, or you pay too much or you just hold bitcoins, unfortunatelly...

[Clement Kaliyar]

The network isn't necessarily slow, just congested.
It's like a road with thousands of cars of traffic which are barely moving, but if you pay a bit more you can hire a helicopter and take the fast track.  Basically, there's too many transactions but higher fees give you the priority and then your transaction will be fast.

When there is a congestion it will be really slow,the fact is the network is really slow in providing faster transaction and could not accommodate everyone and that is where the transaction fees comes into effect as the transaction with better fees gets through than the rest. In the current scenario 260 satoshis/byte is a good fees to get faster confirmation.

[CyberKuro]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

That's a common problem from last year when bitcoin has reached higher price maybe around more than $800, and this month bitcoin reach another ATH over $1800 per bitcoin. But, not only the price reach ATH, unconfirmed transaction reach ATH as well.
I'm not an expert in this case, but to generate 1 block included into blockchain need some (various) time and Max size is 1Mb. I don't know whether miners process those transactions slowly or block size cannot afford so many transactions which delay our transactions.

[LTU_btc]

Currently there are so many unconfirmed transactions. If you want to get confirmations fast, vest thing you can is set recommend or a bit higher fee. If you set low fee, yoyr transaction may stuck and you will have to wait long time to get confirmations.

[jakelyson]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

If you only have a single input, the fee will be very small in proportion to the amount you are sending. Fees are computed by bytes or inputs in your transaction. So even if the fiat amount is small, if there are a lot of input, the fee will be large.

[megynacuna]

That is nothing new actually, everyone knows it takes quite some time now for Bitcoin transactions to get confirmed and so all you need to do is to adjust/increase the network fees to an appropriate level in order to get your transactions confirmed in the next block.

[PhucS]

I think this happens because the number of Bitcoin transactions per day is increasing quite a lot. More and more people are aware of bitcoin, they learn and use it, resulting in greatly increased transactions, resulting in a reduced transaction speed, leading to the occurrence of a Bitcoin transaction that may take several days for confirmation. If the increase in fees is high, there will be a faster confirmation because the transaction speed is increased

[omonuyak]

Any idea why BTC confirmation taking days to confirm?
Sometime BTC get refunded to Sender....Should we use high fee like advance option for send BTC?

if i want to send 1500$ BTC then how much network Fee should i use to make BTC confirmation fast?

Am having the same problem also I have done some transactions  since Thursday last week and up till now my wallet has not been credited. I think is because of the volume and to me the ways to resolve this confirmation issue is through activation of sigwet on bitcoin network.

[Amph]

it depend on fee and i doubt it take "days" to confirm because after 3 days in the mempool it would return to your wallet if not confirmed

if you pay zero fee it will probably be rejected, and for sending $1500, it depend on the size not on the amount, check the size of your transaction if it say 226 bytes just set the fee to 50k satoshi it will be confirmed fast

[AjithBtc]

it depend on fee and i doubt it take "days" to confirm because after 3 days in the mempool it would return to your wallet if not confirmed

if you pay zero fee it will probably be rejected, and for sending $1500, it depend on the size not on the amount, check the size of your transaction if it say 226 bytes just set the fee to 50k satoshi it will be confirmed fast

You can always check the the network mempool, use a replaceable fee, and cross your fingers!

Fee is the major factor. Most of the users quote very less fee to the transaction and expect it to be confirmed in a short time. Other than this during the days of bitcoin price increase, the transactions were quite high and more transactions having similar fee make a bigger lagging in the​network.