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Author Topic: 134k unconfirmed transactions now. I'm starting to get really worried about this  (Read 5721 times)
gentlemand
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November 12, 2017, 02:12:16 PM
 #61

Are these some after effects of abandoning segwit2x?

Yes. I don't think this BCH pump or this blockchain spamming would be happening if 2X had passed.

The last few years have all been about attempting to wrest control of Bitcoin's direction away from Core. 2X was the latest and it failed. This is the crudest attempt yet.

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Raask
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November 12, 2017, 02:23:39 PM
 #62

170041 Unconfirmed Transactions  Tongue

Damn,  my normal fee I use 208 S/byte  has my transactions stuck since friday.  Will they ever time out?  I have not seen a delay like this for a long time.
chuckblocker
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November 12, 2017, 02:38:05 PM
 #63

Fee per byte   288.276 sat/B
Fees   0.00064862 BTC
2017-11-10 17:47:59

no confirm, just stuck since friday. No one mining btc anymore it seems, all switch
acquafredda
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November 12, 2017, 02:43:16 PM
 #64

Miners are following the most profitable coin with their hashrate at the moment. We only have to wait and see. Bitcoin Cash blocks are empty and they come one after the other while Bitcoin Blocks are full and mempool is spammed heavily.
These are the most difficult days for bitcoiners.

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November 12, 2017, 02:58:35 PM
 #65

I did post about a potential on here for starting up a crypto based grocery store, and on many other places. Interest was next to zero, I did market research to find no one wanted it, and thus I ended up doing another business. I had a vision for practical USE of the currency to buy and deliver non perishable food and shopping parcels to peoples homes with bitcoin, but market research found little interest to those in the Bitcoin world, nor outside of it, hence I bailed, it did not pass the feasibility study at that time.


What in the fader faking fak are you talking about man? People reading into this thread couldn't care any less about what sorts of bullcrap you have posted about businesses and marketing using bitcoins. Because hello!? This is a completely different topic! You should go and try to make a thread yourself and talk about what you wanna say instead of doing this. Tss -:-. Really didn't want to rain on your parade, but you should consider respecting the op.



Anyways, this number of unconfirmed transactions really worries me a lot also to be honest. Even when i know better. Because let's face it, even when we know this is just a scheme, we are the ones that experience the hassle of these unconfirmed transactions. And when emergencies come, this will really be a big problem. So my solution is to stock emergency fund on a different currency and give fund to btc holdings. That is what i do.

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aqaq715
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November 12, 2017, 03:03:42 PM
 #66

Just wait, there is nothing new about this problem.
sqid
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November 12, 2017, 03:10:16 PM
 #67

I did post about a potential on here for starting up a crypto based grocery store, and on many other places. Interest was next to zero, I did market research to find no one wanted it, and thus I ended up doing another business. I had a vision for practical USE of the currency to buy and deliver non perishable food and shopping parcels to peoples homes with bitcoin, but market research found little interest to those in the Bitcoin world, nor outside of it, hence I bailed, it did not pass the feasibility study at that time.

This is pretty much what the BCH team are saying is the problem with BTC.  Its usability in the real world.   Frankly its a made up problem.   Crypto currencies as the above poster explained are not yet acceptable to main street.  Sure we need to sort out these delays and fees but we don't have to do it this week.

I expect there to be many more pending transactions before this attack is over,

For now hang tight.  It's really a minor problem in the scheme of things.  But for the future we need to make sure this type of thing cannot and wont happen again.   FWIW check out BTG - trying to curb the influence of big miners
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November 12, 2017, 03:12:33 PM
 #68

Waiting since yesterday for a small transaction to confirm, payed $5 in fee and still nothing after 24hrs. It's very worrying to see 172k total unconfirmed transaction and growing by the second.
Seems like the wise choice is to switch to bitcoin cash or some other alt...
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November 12, 2017, 03:14:08 PM
 #69

well it seems that old holders are not being scared or worried about this things since it was happen before and its just repeating the same scene, we just needed to keep calmed and be patience for sure there's still some ways to improved the transactions system, I guess its the miners who really taking the advantage mining those high profits coins and abandoned btc for a while, let see how long those miners will support bcc.

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cantoro
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November 12, 2017, 03:17:18 PM
 #70

Currently sitting around 174k.

BCH difficulty adjustment in a few hours so will get a fair bit of hashrate back to clear down the unconfirmed transactions. However, the people doing this are in it to win it so I expect we will have some surprises over the next few days.
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November 12, 2017, 03:17:47 PM
 #71

https://blockchain.info/charts/avg-block-size

People wanted seggy weggy and they don't use it.

Hence unconfirmed txs goes up, so do fees.

Seggy weggy doesn't help at all at the moment.  Grin Grin Grin

Because no one trust it, except for the derps.

Bitcoin cash has no problem.

Who are those "people" who wanted Segwit2x?
Who decides if it's allowed or not?

If you can't answer these questions then Bitcoin is truly centralized and not decentralized.


I am not talking about segwit2x.

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Halcyon Days
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November 12, 2017, 03:18:39 PM
 #72

Now it increased to 172912 unconfirmed transactions.

What a move to push Bitcoin cash and show the weakness of BTC, especially, after Segwit2x was called off. Not sure, if peoplel will fall for this. Hopefully, things will calm down soon.

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CuriousGeorge
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November 12, 2017, 03:24:06 PM
 #73

BCH difficulty will increase 400% in less than 20 hours according to https://fork.lol/pow/retarget so miners will switch back to mining bitcoin and the memory pool will clear. If you have a stuck transaction and paid an adequate fee it should confirm soon after that.
Well, if that's obvious, it's good, atleast some of miners will come back to bitcoin, even though I'm not sure that the difficulties adjustment in the bitcoin blockchain will come soon
even before the diffuclty of BCH adjusted and increase 400%, it's just matter of time then.




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SynAck
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November 12, 2017, 03:25:48 PM
 #74

Wow now the count is at almost 174k unconfirmed transactions... seems like many will loose faith in bitcoin and move to other coins....
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November 12, 2017, 03:27:59 PM
 #75

Now it increased to 172912 unconfirmed transactions.

What a move to push Bitcoin cash and show the weakness of BTC, especially, after Segwit2x was called off. Not sure, if peoplel will fall for this. Hopefully, things will calm down soon.

Whether BCH benefits or not, the blame is on the core developers of Bitcoin. They were sleeping over this scaling issue for the past many weeks. I have heard about guys paying as much as 1,000 Sat/Byte to get their transactions confirmed. Very soon, the number of unconfirmed transactions is going to cross the 200K mark, and the average fee needed for instant confirmation will rise further, to the stratosphere.

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November 12, 2017, 03:29:40 PM
 #76

This happens a little bit often some hodlers of bitcoin that want's to reveal Bitcoins's vulnerability when it comes to confirming transactions most of them set the transaction fee to the lowest for them to send alot of transactions so more and more unconfirmed transactions can be in into the blockchain network. this would be resolve just wait for the miners to confirm them all don't worry about this one. It's not even that serious.

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alyssa85
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November 12, 2017, 03:30:17 PM
 #77

I don't understand why the Core team arn't digging out their old miners and trying to mine bitcoin to get rid of the backlog. Sure they'd be mining at a loss, but isn't allowing the mempool to grow potentially more expensive in the long run?

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November 12, 2017, 03:31:07 PM
 #78

Try to contact them if you have unconfirmed transactions then if they answer why that happen.Try what your going to do to confirm the transaction then if they not answer that do a complaints that all you can do if you experience like that and its money so you need to retrieve that so do everything to make it good

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LeGaulois
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November 12, 2017, 03:33:33 PM
 #79

I made a transaction less than 24 hours ago and It has been credited within 1 hour. Anyway this scenario already happened and the same will happen, miners will come back to Bitcoin in 1 or 2 days. Not much to be worried about. There are surely lot of people selling their bitcoins in hurry right now.

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November 12, 2017, 03:34:15 PM
 #80

That is just a signal, you guys better sell bitcoin quick or will crying in tear soon.

I am the person with very high connected with the group who are control the whole banking and bitcoin system.
The reason Bitcoin going to false and false quickly because of 2 reason:
1. The global money reset. There will be a brand new money system will replace the current one.
2. The environment, mining bitcoin is extremely harm the environment

If you want to know more about the Global Currency Reset, read this:
https://angelteam.wordpress.com/2017/11/05/100-truth-about-global-currency-reset

On the bright sight,
Bitcoin used to be cheap just like Zimbabwe money note now...

If you want to become rich, you just need to listen to me. Go buy a Zimbabwe note, there will be a group going to buy 1 million GBP per Zimbabwe note very very soon.

Remember Zimbabwe money note is very very limited and it all printed and finished long ago already.

Imagine there is a news on the media like that? Zimbabwe money note picture used to be laugh for the entire world will be brought back !!! And this time it is much much more fun and entertainment.

I highly recommended all of you going to buy Zimbabwe money note right now, or you will miss the once in lifetime, and this chance will never comeback again !!!

more information about this topic: https://angelteam.wordpress.com/2017/11/09/official-final-zimbabwe-money-note-exchange-guide-rate-and-more/

There is no any kind of donation or any kind of commercial on that blog.

Feel free to discuss

Regard,
Bettor Earth
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