WOW!!! New Record 200622 Unconfirmed Transactions

[stomachgrowls]

Always been a Bitcoin fan but today I'm really, really pissed  It's my sister's birthday and she wanted Sims 4 so I paid for a key on Kinguin fucking three days ago! And the transaction is still stuck.

What's worse, I paid the recommended fee that blockchain.info automatically adds and normally my payments go through within 5-10 minutes when I pay the recommended fees. I just ended up paying for ANOTHER key using good old PayPal.

Same with my a-ads advertisement campaign. The funds are just stuck for days. Meh.

your first mistake is using a web wallet and worst of all you are using a buggy web wallet.
blockchain.info is suggesting the same fixed fee as it was a week or a month ago irregardless of the current appropriate fee.

your other mistake is not doing a research when using bitcoin. it is not like a bank to run to them with any problem. with bitcoin you are the owner of your own money and fully responsible for it. so you need to learn a couple of "how tos" such as knowing how fees change. and what wallet is a proper wallet with no bugs like what blockchain.info has.

I didnt know that there are wallets have been use that have still some bugs that you are talking since ive been using quiet lots of online wallets and finding bugs would be on rare cases.As a bitcoin user we do really already aware on the fee and its just commonsense that putting up high amount will confirmed much faster than those who put smaller ones.

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[BitcoinHodler]

Always been a Bitcoin fan but today I'm really, really pissed  It's my sister's birthday and she wanted Sims 4 so I paid for a key on Kinguin fucking three days ago! And the transaction is still stuck.

What's worse, I paid the recommended fee that blockchain.info automatically adds and normally my payments go through within 5-10 minutes when I pay the recommended fees. I just ended up paying for ANOTHER key using good old PayPal.

Same with my a-ads advertisement campaign. The funds are just stuck for days. Meh.

your first mistake is using a web wallet and worst of all you are using a buggy web wallet.
blockchain.info is suggesting the same fixed fee as it was a week or a month ago irregardless of the current appropriate fee.

your other mistake is not doing a research when using bitcoin. it is not like a bank to run to them with any problem. with bitcoin you are the owner of your own money and fully responsible for it. so you need to learn a couple of "how tos" such as knowing how fees change. and what wallet is a proper wallet with no bugs like what blockchain.info has.

I didnt know that there are wallets have been use that have still some bugs that you are talking since ive been using quiet lots of online wallets and finding bugs would be on rare cases.As a bitcoin user we do really already aware on the fee and its just commonsense that putting up high amount will confirmed much faster than those who put smaller ones.

if you find a bug in blockchain.info (for example this fee suggestion which is always around 120 satoshi per byte these days) you just found it and no matter how many times you report it, the bug stays.
if you find same thing in another wallet, like electrum and report it, the bug will be fixed within days.

that is what i mean by "proper wallet"

[Rinder]

Im getting tired of the delay over the bitcoin, i dont know when they thing to solve all the issues at once, because its getting frustating to be forced to pay a big fee, to compete with others transactions, in the future fees will replace the rewards from mining, but actually looks like miners wanna get more fee then blocks.

[tranle789]

All the merchants that accept bitcoin are not going to wake up and just start taking Litecoin or any other coin. They would probably just watch for a while before making any decision.

[michkima]

Yeah, I am really amazed on how much I have to pay for a simple transaction just to have it confirm in the next 30 minutes! This is getting out of hand and we really need to do something. If bitcoins do get massive adoption then this would be a great problem.

[shinratensei_]

Im getting tired of the delay over the bitcoin

What do you refers to? confirmation or scaling?

i dont know when they thing to solve all the issues at once,

You'll never see it as soon as possible.
https://coin.dance/blocks

because its getting frustating to be forced to pay a big fee, to compete with others transactions, in the future fees will replace the rewards from mining, but actually looks like miners wanna get more fee then blocks.

Looks the fee gets decreased. Miner will take a lot of advantage from this thing. This must need get resolved.
But the possibility will disappear.

More proposal were appearing. The votes will get divided among all of the proposal.

[Kava]

Yeah, I am really amazed on how much I have to pay for a simple transaction just to have it confirm in the next 30 minutes! This is getting out of hand and we really need to do something. If bitcoins do get massive adoption then this would be a great problem.

Lots of parties currently are trying to do something and this is why this is currently happening. It's an attack not a natural build up.

Unfortunately already now many shops refuse from using bitcoin because of a problem with transactions. This is a big problem that needs to be addressed. Altcoins do not yet have such a problem

[Vaskiy]

I just received 500 k satoshis from Bitminer.

TXID 61e67e26c31a281e9c3849df72ea540eeb4e4f68aca30fc6c0a07a1284307675.

Generate Bitcoin online https://bitminer.io/1356469

Be happy with what you have earned. Don't promote these kind of scams. As a brand new member you might have got trapped under some scams or else you might be lucky to get little amount of bitcoin for the promotional purpose. This is all about the ongoing transaction issues where more than 200622 transactions stuck on the network. During the past time of price increase it was found to be more than 90000.

[chain_chain]

BTW it's even get worser. Now 215k.

[TheWallStreetCrew]

my last transaction paid .46 and took 2 days. how much worse is it going to get?

[bamboylee]

my last transaction paid .46 and took 2 days. how much worse is it going to get?

It always get worse before it gets better. Hopefully the miners realize what they are to doing to bitcoin is bad and may result to bitcoin dying so they can activate whatever they need to activate to get out of this mess.

[Netnox]

my last transaction paid .46 and took 2 days. how much worse is it going to get?

At least you were lucky that it got confirmed in the end. I am seeing posts by newbies here, complaining about the transactions never getting confirmed. It is a very delicate issue. For example, someone purchased stuff for Bitcoin. The transaction got dropped, and the coins went back to the sender. If the sender is not honest, then he is going to keep the coins with him.

[YuginKadoya]

Tsk Tsk how many times can we see that the transactions have been all confirm, this is simply occurring because there are many users that are just giving small fees and are still pushing it in the Blockchain even thought they know that the fee's are too small to the usual needed fee's to settle before Blockchain confirms it, and I have known a friend his transaction hasn't been confirm yet and it is almost 2 weeks now and the provider of that bitcoin always keeps on pushing the transaction with a smaller fee, how sad that the transaction was almost stock for almost that long!

[erikalui]

Yes, the record was 150k last week and now it's about 216k. With 60k unconfirmed transactions last year, the case was even horrible back then and we had to set a miner fee of about 100 sats per byte while before that 50 sats was considered a good fee. Now it's 200-220 sats per byte and still we need to wait for an hour while some exchanges force a 500 sats per byte fee to avoid delays.

[Monnt]

Yes, the record was 150k last week and now it's about 216k. With 60k unconfirmed transactions last year, the case was even horrible back then and we had to set a miner fee of about 100 sats per byte while before that 50 sats was considered a good fee. Now it's 200-220 sats per byte and still we need to wait for an hour while some exchanges force a 500 sats per byte fee to avoid delays.

But more than 50% of unconfirmed transactions currently in mempool were created just with the intention of spam attack as they were included with the transaction fee below par. If this continues I am afraid may have 300k as a new record by next week itself. As long as this type of spam transaction attack continues, there would be no meaning of maintaining any tracks of unconfirmed transactions as records.

[mikey5287]

this definitely isn't the bitcoin that i remember. the soft fork needs to happen. unfortunately, there's no way to know if this is actualy spam transactions or whether theyre real transactions. the unfortunate part is that now hashflare is charging an arm and a leg to withdraw, as i'm sure most other service providers are doing, as well. *sigh*

[SwagGirl]

my last transaction paid .46 and took 2 days. how much worse is it going to get?

It always get worse before it gets better. Hopefully the miners realize what they are to doing to bitcoin is bad and may result to bitcoin dying so they can activate whatever they need to activate to get out of this mess.

You think it will really get that bad? Gulp!

[richardsNY]

this definitely isn't the bitcoin that i remember. the soft fork needs to happen. unfortunately, there's no way to know if this is actualy spam transactions or whether theyre real transactions. the unfortunate part is that now hashflare is charging an arm and a leg to withdraw, as i'm sure most other service providers are doing, as well. *sigh*

Situation isn't ideal, I agree there, but on the other hand, it's not really a surprise if you think everything through properly. In most cases spam transactions are easily identifiable, but that's not really the main problem. The real point of importance is who and why are they spamming the network with nonsense transactions, and what can be done to stop them.

Reasons could be --

BU spamming the network (very likely).
Pools spamming the network (very likely).
An entity trying to force the price down (likely).
An entity trying to make people move to alts (less likely).

[bibiqua]

many users that are just giving small fees and are still pushing it in the Blockchain

This doesn't make sense. The blockhain's/miner's capacity doesn't increase with the fee.

Given the current (and all but surprising) demand, the system is congested by design and things aren't likely to improve soon.

[Mesozoan]

This is unsustainable. My friends and I have not been able to make any BTC transaction in days. This can't continue for too long