Dat Transaction Confirmation Time...

[Injust]

Is it me, or am I going crazy?
I just had a 225 byte transaction take 1273 minutes to confirm. That's over 21 hours. For a 225 byte transaction.
TXID is 52323d47079e8bbac8680313cba02f60b77395bd77bda33e9a750fdda689f537. Somebody, please enlighten me

[Tywill]

Trying to figure out the same thing, I didnt see this post earlier or I wouldn't have posted my own thread on the same subject.

[scintill]

I'm going to guess it's because of

Fees: 0 BTC

Most miners allow a certain amount of free transactions per block (I think it's based on cumulative size), so you just have to wait until someone decides your tx is going to go into that space.  Also remember nobody has an obligation to mine your transaction at any speed for any price.  The higher the fee, the more likely they will do it quickly though.

[BitAddict]

First warning: Pay the fees!

[Zeilap]

There was no fee, so you're only chance is to get in by priority. You tried to spend an output which was only 2 days old and only 1BTC. Priority is calculated as age*amount, so there's going to be lots more transactions with higher priority which come before yours. So your only chance is to get lucky where a couple of quick blocks in a row flush out all the waiting transactions, or you have to wait for your inputs to get older so your priority increases sufficiently.

[Injust]

Meh.
I HATE paying fees. Especially cause I'm this poor
And anyway, I've done a ton of low priority transactions, with no fee, and they've been all much faster.

[franky1]

most pools love fee's, not because it helps the miners but because the pool owners 'cut' is the fee and he then gives near on all of the 25btc to the workers.

i personally think mining pool owners should have their own miners working along side other miners for their 'cut' and then not be so greedy.

Fee's should not be something that is essential for transactions just yet. especially when they end up being more then a few penny's worth, instead people should be accepting the reward alone as their reward and only require fee's in a few years, when the rewards are super small.

[Lauda]

Meh.
I HATE paying fees. Especially cause I'm this poor
And anyway, I've done a ton of low priority transactions, with no fee, and they've been all much faster.

That's pretty dumb, it's like: I won't pay taxes because my salary is low, lmao

[tysat]

No fee, no bitching about confirmation time

/thread

[grue]

Meh.
I HATE paying fees. Especially cause I'm this poor
And anyway, I've done a ton of low priority transactions, with no fee, and they've been all much faster.

the minimum fee is 0.005 BTC. that's 50 cents. how can you not pay that fee?

[Injust]

That's not the minimum fee. That's the recommended fee
I'm just too poor.

[tysat]

Meh.
I HATE paying fees. Especially cause I'm this poor
And anyway, I've done a ton of low priority transactions, with no fee, and they've been all much faster.

the minimum fee is 0.005 BTC. that's 50 cents. how can you not pay that fee?

No it's not.

I throw in .0001 usually and get quick confirmations.

[Injust]

If I threw in BTC0.0001 for every transaction I made in my entire Bitcoin history, I'd be broke by now.
I'm a dust collector. No comment.

[scintill]

If I threw in BTC0.0001 for every transaction I made in my entire Bitcoin history, I'd be broke by now.
I'm a dust collector. No comment.

Well, that's fine, but just know that free transactions are typically going to confirm slower than paid ones.

[Injust]

Well, yeah. That's expected. But 21 hrs?

[grue]

Well, yeah. That's expected. But 21 hrs?

yep, deal with it.

[Injust]

Is it me, or has blockchain.info's node progressing tracking completely gone wacko?
One of my transactions went to 91% node progression. A few hours later, it's down to 1%

[grue]

Is it me, or has blockchain.info's node progressing tracking completely gone wacko?
One of my transactions went to 91% node progression. A few hours later, it's down to 1%

it probably got dropped from nodes' memory pool

[Injust]

Is it me, or has blockchain.info's node progressing tracking completely gone wacko?
One of my transactions went to 91% node progression. A few hours later, it's down to 1%

it probably got dropped from nodes' memory pool

Ah. Why would that happen?

[prezbo]

I HATE paying fees. Especially cause I'm this poor

And I as a miner HATE doing work for free. That's the gist of it.