WOW!!! New Record 200622 Unconfirmed Transactions

[AztekPhoenix]

 

[1713459023]

1713459023

[1713459023]

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[Teethow]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

[talkbitcoin]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

come back to this comment after some time has passed.
lets say 6 months to a year and by then you will get a very clear answer to "WHY".

[Peter789]

Talkbitcoin.......as they say in Oz...please explain

[Emoclaw]

lmao that brings the recommended fee to 400+ satoshis per byte.
Meanwhile solution proposal support looks like this:



So this isn't gonna be solved anytime soon, and we'll be seeing an ever-growing mempool for a while.

[dinofelis]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

You don't need a block chain to trade its IOU on exchanges.

[davis196]

WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved.

[BitcoinHodler]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

in what world a centralized, pre-mined, pump and dump, buggy, in some case bloated, insecure altcoin is better than bitcoin?
maybe next time you make a throwaway account, make sure to also give us some example

[Xester]

lmao that brings the recommended fee to 400+ satoshis per byte.
Meanwhile solution proposal support looks like this:



So this isn't gonna be solved anytime soon, and we'll be seeing an ever-growing mempool for a while.

There is a huge blocks that needs attention and the huge demand and transaction traffic has been great lately rendering transactions to take very long. Guess that will explain the huge number and record breaking unconfirmed transactions. And if we look at the graphs the solution to make things faster is far from reality. The only solution today is to stop the spam attackers that attacks blockchain.

[crazyivan]

I just dont understand how big miners who block SegWit do not understand they will fuck up BTC this way, their main source of profits. For us, users, it s very easy to switch to some altcoin.

Dear miners, the balls is on your side of the court.

[Blinken]

You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.

[7jaka7]

You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.

Once all the losers goes to next club who is actually doing a lot of changes/improvments (and it's easier to change things in smaller club) the only loser is the first nightclub, which will close or do everything to get losers back

[bitcoinvestor]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

I am not sure about that. and why  the price rises? Are there many new buyers of bitcoin out there? Many people don't know about altcoins they know bitcoin. In recent days, bitcoin more popular because ransomware wannacry

[stomachgrowls]

WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved.

This is what im thinking too but going back to $1k price seems really hard already and considering on the price as of now it has a good support and wont crash easily to go back on low level.Regarding unconfirmed transactions sad to say im already got used to it as the time goes by on bitcoin world.I treat it already as a normal thing for me if you dont like to wait then pay up huge fees.Simple

[dunfida]

Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative 

I am not sure about that. and why  the price rises? Are there many new buyers of bitcoin out there? Many people don't know about altcoins they know bitcoin. In recent days, bitcoin more popular because ransomware wannacry

That ransomware situation do might really have an effect on increasing the price but in exchange of that its reputation have been stained by negative which is not good for bitcoin because people will really see that bitcoin can really be used on illegal things.Price do increase normally when theres demand and if theres lots of demands then expected there would be lots of transactions.

[qiwoman2]

I just keep paying like huge fees just to ge tmy transactions done in a reasonable time or they would be stuck in the mempool for days. It's the miners who want huge profits and are holding Bitcoin and the rest of us to Ransom..Eventually people will end up using Paypal again for daily transactions and just use Bitcoin as a store of value against other altcoins.

[stompix]

WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved.

The capacity is currently at around 300k transactions a day.
If we would all make only 1-2 inputs 1 output transactions it would go to 450-500k.
Taking into account that merchants also need to collect all payments into an address it would take only the daily usage of 200 000 people buying one thing to clog the network.

Should we start talking how many transactions are made only at walmart and only in NY?

Now it has 191k unconfirmed transactions. The numbers are getting low.
https://blockchain.info/unconfirmed-transactions

I think miners are doing their best to confirm all the transactions.

Don't we need more miners to solve this issue?

You've been around for one and half year and you have no clue how bitcoin works?

More miners will just raise the difficulty and nothing more.
One guy with a cpu miner or 1 billlion s9 mining , the number of transactions will be the same.

[akamit]

Now it has 191k unconfirmed transactions. The numbers are getting low.
https://blockchain.info/unconfirmed-transactions

I think miners are doing their best to confirm all the transactions.

Don't we need more miners to solve this issue?

[Eebertay]

Well, its either bitcoin or some scam coin like ripple or dash.

Cant have both.

[Sniper44]

You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.

no we are like "losers" who are standing in a long line outside of a nightclub complaining why the "they" don't make the place bigger so it can house more people in.
and the worst part is, "they" don't own the nightclub but they are causing the current state.