WOW!!! New Record 200622 Unconfirmed Transactions

[BillyBobZorton]

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.

Miners are paid by the PBOC, which has trillions of dollars to bribe them, so they make more money by causing havoc in bitcoin than by being positive actors. Of course they also have the mission of killing nodes via BUcoin to take the power to UASF way from nodes.

But sooner or later Jihad will be kicked out of the network by angry users.

[1714840836]

1714840836

[1714840836]

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[thesavoyard]

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.

Miners get rich from fees.

[BitHodler]

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?

Well we do have large miners like Bitmain who mine empty blocks out of greed. We need better miners not more.

At this point it's pretty safe to assume that each pool is somewhat working against Bitcoin. Honestly, miners are sitting in a great position right now.

They get higher block fees than ever, they have the ability to block activation of SegWit or whatever other proposal that they don't like, and we're all swallowing it.

Miners don't want this situation to change. It's that simple.

[thesavoyard]

Are the loyalists sweating yet? Or just going to spew more unfounded allegations about superior alts?

[dinofelis]

Miners don't want this situation to change. It's that simple.

In fact, they can't but they don't dislike the fact that they can't. 

[Kprawn]

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

Excellent! .... I think it is natural that the most popular nightclub would have the longest queue and that the problem will only shift to the next

Altcoin, when they become as popular as Bitcoin. The other Altcoins have not reached the volumes that Bitcoin has reached and will also have the

same problems when they reach this stage. {LiteCoin is one step ahead of the other with SegWit and the way it works}  

[Daniel91]

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.

Miners get rich from fees.

Yes, it's true but we can't change it.
After all, what we can do?
Send bitcoin transaction with low fee and wait for days?
Or send btc transaction with high fee and receive confirmations in minutes?
I learned my lesson in hard way and now each bitcoin I send with high fees.
Hopefully, this situation will change but I doubt about it.

[thesavoyard]

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

Excellent! .... I think it is natural that the most popular nightclub would have the longest queue and that the problem will only shift to the next

Altcoin, when they become as popular as Bitcoin. The other Altcoins have not reached the volumes that Bitcoin has reached and will also have the

same problems when they reach this stage. {LiteCoin is one step ahead of the other with SegWit and the way it works}  

Amazing how many BTC loyalists have no idea about BTC. No, altcoins do not have a 1mb cap per block so they won't have the same problem.

[Videodrome]

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

this is an answer!

guys just use waves so you can convert your btc in token and the tx are instant. Bitcoin is an old woman, beautiful but old. New coins will replace fast payments, BTC is like gold, is heavy and it cost a lot to transfer.

[bamboylee]

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?

More miners does not mean faster transactions. It is still the same block size so the competition to mine a block will just grow but the speed will remain the same. The solution is either bu or segwit, but miners do not want to come into consensus, they are enjoying the high fees.

[mobnepal]

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

Which one is better  
Bitcoin is not broken, it is just under attack by few people/organization who like to centralize bitcoin network with their alternative bitcoin clients full of bugs.  

Many newbies are getting into bitcoin after seeing massive price growth on bitcoin but they try to save even a small sum of bitcoin for fee that adds more transactions to mempool.

[thesavoyard]

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

Which one is better  
Bitcoin is not broken, it is just under attack by few people/organization who like to centralize bitcoin network with their alternative bitcoin clients full of bugs.  

Many newbies are getting into bitcoin after seeing massive price growth on bitcoin but they try to save even a small sum of bitcoin for fee that adds more transactions to mempool.

Man you sound like a Christian trying to rationalize away evolution. No one is attacking BTC, it's just outdated.

[btcforall777]

Its not that big of a deal until one of your own transaction get stuck and it it ends up costing you money. I am now among the ranks of those with a stuck transaction. The media is going to have a filed day with this!

[pearlmen]

WOW!!!

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


╥AztekPhoenix

This is really getting out of hand and something really needs to be done by the shakers and movers of people in the crypto world because that figure will just continue rising then it will get to a point where no one will bother about sending through bitcoin. And no one should come and talk about low fees because not all those people making those transactions will avoid send the required calculated amount for sending such transactions.

[Netnox]

BTC99.2 worth of transaction fee and transactions amounting to 125 MB are currently stuck now. This backlog is going to take at least a full week to get cleared. I am losing hope now.

[bitbunnny]

I had an impression that things are improving but this numbers are realy crazy. Since I've changed the wallet where I can control the fees I don't have such problems anymore but seems that large number of people are not aware of fee policy or the problem is much deeper. Hope this will be settled soon otherwise many people could abandone Bitcoin.

[Malooka]

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

Which one is better  
Bitcoin is not broken, it is just under attack by few people/organization who like to centralize bitcoin network with their alternative bitcoin clients full of bugs.  

Many newbies are getting into bitcoin after seeing massive price growth on bitcoin but they try to save even a small sum of bitcoin for fee that adds more transactions to mempool.

Not broken?  Really?

When a transaction is stuck for days, it's broken.  And I can't increase the fee because of my old version of MultiBit

[BitHodler]

Miners don't want this situation to change. It's that simple.

In fact, they can't but they don't dislike the fact that they can't. 

They can however make a first step by stopping with signalling fake BU support, and start looking for a move forward by allowing SegWit to activate.

Another thing that might help is that certain pools need to stop with spamming the network to boost their income through fees ~ it's a dirty practice, really.

[thesavoyard]

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

Which one is better  
Bitcoin is not broken, it is just under attack by few people/organization who like to centralize bitcoin network with their alternative bitcoin clients full of bugs.  

Many newbies are getting into bitcoin after seeing massive price growth on bitcoin but they try to save even a small sum of bitcoin for fee that adds more transactions to mempool.

Not broken?  Really?

When a transaction is stuck for days, it's broken.  And I can't increase the fee because of my old version of MultiBit:

https://blockchain.info/tx-index/4d69c58bea463608aa0ded4f025ed8933f2422106244d6c893441a627257b688

https://blockchain.info/tx-index/b435a0fe0150be8f6f244242205ee7e61eadd283b6abab007d7d19816a60d8f5

That first one was sent MAY 10.

export your private key and use a different wallet. Bitcoin is not broken if you are in need of a speedy transaction pay a higher fee.

Bitcoin is broken and so is your thought process. So how do you bump the fees? Send more BTC from another wallet and get that stuck too? Keep your head under the sand.



So it looks like those paying maximum fees on electrum who haven't enabled or don't know about rbf, in other words almost everyone. Currently, they're stuck indefinitely at the 100 s per byte. But it seems to be clearing slightly. Asia should be in bed and the Europe should slow down now so at least the longest bar here https://bitcoinfees.21.co/ should start to shrink.

[kelseydustin]

that is why Bitcoin is not as good as many people think and soon it will be replaced by another cryptocurrency which is better and stronger and can maintain a huge number of users everyday