WOW!!! New Record 200622 Unconfirmed Transactions

[boyptc]

I'm in, my transaction is one of those unconfirmed and it's already a day, okay I'm into the unconfirmed club and this is my first time to experience this.

Well, bitcoin transaction is over now & we should take another cryptocurrency but which is better or best crypto as a alt of bitcoin you think that will take a part of next bitcoin?

No, I'm going to stay with bitcoin even with this problem I know this will get some solution in the near future and I don't have choice but to keep on waiting for my transaction to get some confirmation.  

Most people don't have much choices because bitcoin is still the main gateway before fiat conversion. If I have a better option I won't use bitcoin for for the meantime. Too slow with higher fees which is now no different from centralized business entities in which some of them have lower transaction fees than bitcoin.

I don't have other option and I won't shift to any other copy cat of bitcoin. And just for the reporting I don't know what exactly the time of my transaction was confirmed. I'm not giving myself an headache to think about the slow confirmation and high fees. I'm trying to become calm all the time and being contented with my transactions.

[TheWallStreetCrew]

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!

How bad will it get: https://bitcointalk.org/index.php?topic=1923931.new#new

[BADecker]

Bitstamp just crossed above $1900.   

[Sadlife]

This is issue is getting bad to worse as long as the community doesn't have a consensus and an scaling solution doesn't get implemented there is a good chance that altcoins may replace bitcoin.
Bitcoin is not good anymore as an micropayment but instead it's good for sn long term investment an haven to store your assets. Im sure will get through this.

[coupable]

i think we should make warning light for the new enthusiasts in crypto. Even it's shown and public and verified by genious developers, There is a lot of problems in the transaction process and also in stake process. I can't deny that i can't trust holding big amounts of crypto in the most trusted wallet ever, neither sending big amounts too.

I read all the thread above and i really can't understand what is the real problem concerning those incofirmed transactions. Last week i had towait four days before recieving 75$ in BTC and i didn't even know what to do if this would last for more time. 

[OROBTC]

i think we should make warning light for the new enthusiasts in crypto. Even it's shown and public and verified by genious developers, There is a lot of problems in the transaction process and also in stake process. I can't deny that i can't trust holding big amounts of crypto in the most trusted wallet ever, neither sending big amounts too.

I read all the thread above and i really can't understand what is the real problem concerning those incofirmed transactions. Last week i had towait four days before recieving 75$ in BTC and i didn't even know what to do if this would last for more time.  

In all honesty, we have reached the point where I cannot recommend Bitcoin to any prospective newbies.  New entrants into Bitcoinistan are the heart of growth prospects, but it looks like the unwillingness of the two parties (Wanker Miners and Wanker Developers) to sit down and forge and agreement are hurting Bitcoin.

Maybe killing Bitcoin.

Hey!  If BTC keeps going up, and the fees and unconfirmeds go WAY UP, I'll just cash out BTC and buy gold with it.  I've made a NICE "paper" profit so far, but I tire of the drama, and I bet many others tire of the drama as well.  But gold w/ BTC from the below respected companies:

jmbullion.com

providentmetals.com


EDIT: 237,700 unconfirmeds........

[paul gatt]

i think we should make warning light for the new enthusiasts in crypto. Even it's shown and public and verified by genious developers, There is a lot of problems in the transaction process and also in stake process. I can't deny that i can't trust holding big amounts of crypto in the most trusted wallet ever, neither sending big amounts too.

I read all the thread above and i really can't understand what is the real problem concerning those incofirmed transactions. Last week i had towait four days before recieving 75$ in BTC and i didn't even know what to do if this would last for more time.  

In all honesty, we have reached the point where I cannot recommend Bitcoin to any prospective newbies.  New entrants into Bitcoinistan are the heart of growth prospects, but it looks like the unwillingness of the two parties (Wanker Miners and Wanker Developers) to sit down and forge and agreement are hurting Bitcoin.

Maybe killing Bitcoin.

Hey!  If BTC keeps going up, and the fees and unconfirmeds go WAY UP, I'll just cash out BTC and buy gold with it.  I've made a NICE "paper" profit so far, but I tire of the drama, and I bet many others tire of the drama as well.  But gold w/ BTC from the below respected companies:

jmbullion.com

providentmetals.com


EDIT: 237,700 unconfirmeds........

It's bad that this is still happening, there are too many transactions every day, people can not do it fast. I have waited 4 days for my transaction to be confirmed, and I feel lucky that it happened today. Waiting is bad.

[DoomDumas]

Bitstamp just crossed above $1900.   

Indeed,

Nothing to worry here, just noise..  I'm still a buyer !!

[lizardbtc]

Just a curious thought : Why people don't care if they need to pay high fees or wait few days for their bitcoins to transfer? Are they out of their minds?

Like really nobody cares as long as the hype is building up with price hitting the all time highs over and over again. We need to solve transactions ASAP, but people tend to put that under their desks because they don't care... Is this a future money? As price goes up and up we will end up paying high fees even Western Union or Moneygram transfers will cost cheaper at end.

[tehMoonwalker]

Bitstamp just crossed above $1900.   

Indeed,

Nothing to worry here, just noise..  I'm still a buyer !!

ye who cares if the expensive product youre buying actually doesnt work anymore rofl

[freedomno1]

235800 and rising that is a lot of blocks waiting for processing.
On average though I see at least 1 BTC being the average send with a few 0.01's mixed in with a fair amount being between 0.4-0.7 BTC so surprisingly a good portion of the new transactions are not dust.

[thesavoyard]

235800 and rising that is a lot of blocks waiting for processing.
On average though I see at least 1 BTC being the average send with a few 0.01's mixed in with a fair amount being between 0.4-0.7 BTC so surprisingly a good portion of the new transactions are not dust.

Someone needs to give in, either segwit or BU needs to be implemented now.

[buwaytress]

Well, the one good news is I seem to see fewer empty blocks down the page of 50 most recent blocks. Used to be quite an unhealthy number of them there. Still, at about 3.5 empty blocks per 50 that's still more than 5% capacity that could have been used.

[btccashacc]

235800 and rising that is a lot of blocks waiting for processing.
On average though I see at least 1 BTC being the average send with a few 0.01's mixed in with a fair amount being between 0.4-0.7 BTC so surprisingly a good portion of the new transactions are not dust.

I have sent bitcoin from my wallet to an exchanger but untill now it is not getting  confirmed i paid higher fee though. It must be those people paid higher fee than me since higher fee you provide then fastest confirmation you get right? I've tired with this situation bitcoin will not be adopted if we still got this issue we need something fast and of course cheap. Bitcoin might be perfect as an investment but as payment system well it's kind of annoying. I wish my bitcoin come to my wallet soon before they dumped the price.

[KuromaYoichi]

Welp guess what? i also has one unconfirmed transaction  . Pay about 130 satoshi/byte for the fee (the recommended one) at the time i sent it and almost 1 day still unconfirmed. Fortunately this one only small amount of money and not so important. How many days i have to wait until the transaction got cancelled?

[lizardbtc]

Welp guess what? i also has one unconfirmed transaction  . Pay about 130 satoshi/byte for the fee (the recommended one) at the time i sent it and almost 1 day still unconfirmed. Fortunately this one only small amount of money and not so important. How many days i have to wait until the transaction got cancelled?

Depends what type of wallet are you using, if the transaction is not rebroadcasting from a node I think that 2-3days need to pass from it to be forgotten. You can also try to double spend it with a higher fee if you need the transaction to confirm faster.

[saenko]

Welp guess what? i also has one unconfirmed transaction  . Pay about 130 satoshi/byte for the fee (the recommended one) at the time i sent it and almost 1 day still unconfirmed. Fortunately this one only small amount of money and not so important. How many days i have to wait until the transaction got cancelled?

Depends what type of wallet are you using, if the transaction is not rebroadcasting from a node I think that 2-3days need to pass from it to be forgotten. You can also try to double spend it with a higher fee if you need the transaction to confirm faster.

And you can try using special services that help speed up the transaction. Some of them are free. I sometimes use them and transactions go faster

[roomfirst]

Welp guess what? i also has one unconfirmed transaction  . Pay about 130 satoshi/byte for the fee (the recommended one) at the time i sent it and almost 1 day still unconfirmed. Fortunately this one only small amount of money and not so important. How many days i have to wait until the transaction got cancelled?

Depends what type of wallet are you using, if the transaction is not rebroadcasting from a node I think that 2-3days need to pass from it to be forgotten. You can also try to double spend it with a higher fee if you need the transaction to confirm faster.

And you can try using special services that help speed up the transaction. Some of them are free. I sometimes use them and transactions go faster

What service is that ? wow, i never know they have some service like that and its FREE ? please show it to us. Actually my last transaction is confirmend within 3 days with 0.0007 fee. it's sucks though.

[mindrust]

Welp guess what? i also has one unconfirmed transaction  . Pay about 130 satoshi/byte for the fee (the recommended one) at the time i sent it and almost 1 day still unconfirmed. Fortunately this one only small amount of money and not so important. How many days i have to wait until the transaction got cancelled?

Depends what type of wallet are you using, if the transaction is not rebroadcasting from a node I think that 2-3days need to pass from it to be forgotten. You can also try to double spend it with a higher fee if you need the transaction to confirm faster.

And you can try using special services that help speed up the transaction. Some of them are free. I sometimes use them and transactions go faster

What service is that ? wow, i never know they have some service like that and its FREE ? please show it to us. Actually my last transaction is confirmend within 3 days with 0.0007 fee. it's sucks though.

Yes there are services for us to accelerate our transactions.

This is the free one: https://www.viabtc.com/tools/txaccelerator/
This is the paid one: https://pushtx.btc.com/

Free is usually not available anymore because it is free and everybody started using it. You can always use the paid one though.

[ralle14]

What service is that ? wow, i never know they have some service like that and its FREE ? please show it to us. Actually my last transaction is confirmend within 3 days with 0.0007 fee. it's sucks though.

I think he's talking about viabtc's transaction accelerator that's the only free service I know but it has a limit. They also have a paid one(manual accelerator) but it costs 0.01 btc per transaction. Check this to know more about their service.