Anarc Senior
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November 12, 2017, 04:57:51 PM |
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Wow now the count is at almost 174k unconfirmed transactions... seems like many will loose faith in bitcoin and move to other coins....
I have, I am a small-time miner that is in it for profit, will bills coming up I need trade bitcoin to a fiat to get cash. With this uncertainty that my bitcoin will be stuck for weeks I have switched from mining at nicehash to other pools that pay to a exchange wallet, I will then convert Zcash, BCH, and XMR to Litcoin or ether and maybe buy the pump. But in reality it is the only way to get cash out of the market for bills and other cost. It will better the altcoin market to a fair value after all the negative news and panic sale that have happened this year With 174k unconfirmed transaction and 3 blocks to 2 a hour, that queue will just keep growing, there no FIFO, it is based on a fee market, high fees win which means less profit for me, and I also don't have the time to waste on waiting, already $450 down the drain that be $200 if and when I get it. Hello: I didn't know that a private person could still mine and make a living. I haven't sold any BTC during the last couple days but I bought quite a bid even up until late last night and did not experience any delay...do you want to sell your BTC directly to me - I'd be gladly to buy it off your hand if the price is right ?😊 I always want to ask a miner: if the large pool miners leave BTC, how quickly the difficulty level drop ? Wouldn't that be beneficial for you with less competition ? Is there a best way for someone like me to start mining ? I know the equipment is getting so ridiculous- but if I could invest some money to mine my own I wouldn't mind...
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JumPerz09
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November 12, 2017, 05:04:42 PM |
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its funny how other tell us not to worry on unconfirmed transactions. I mean man how can you trade if you cant confirm? where it the trading there? how can it grow? having 100k plus unconfirmed transactions if not solve will kill bitcoin itself.. high fees and slow confirmation then we are doom sad
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Anarc Senior
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November 12, 2017, 05:09:59 PM |
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I have the same problem with a transaction of 0,05btc on coinbase
Coinbase is a Segwit 2X supporter - of course they we'll slow you down... I bought some BTC up until late last nigh on Bittrex - no problem of waiting there !!
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ismart1
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Make a difference, make it better.
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November 12, 2017, 05:13:15 PM |
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They do this on purpose, intentionally. They try to show the vulnerability of bitcoin to make BCC strong. People won't get fooled because of jihan wu's manipulative actions. Once again, we won't get fooled into your BCC garbage. The community will maintain strong even in the bad days and bitcoin will born from its ashed like a phoenix! When the BCash was released I read an article that completely made sense and that´s exactly what is going on right now. The article predicted that the hard fork (the update, not a new coin) now in November would be crucial to keep BCash of no importance or to build up its network, unfortunately Bitcoin worked against its own interest, in this case I must say, when did not raise the capacity of its block from 1MB to 2MB. That raise in the block size would be fundamental to stop the clog and the bottleneck of the transaction amount. Keeping the block small does not serve the interest of the users, only of the miners who can charge or select only the higher fees to push the confirmation. With that mentality soon one will be forced to pay a $100 fee just to make a fast transfer of bitcoin, the anti-bitcoin ideal when it was created. I believe if the 2X entered into effect you´d be seeing bitcoin prices close to the $10000 in no time.
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Serellyn
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November 12, 2017, 05:14:15 PM |
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its funny how other tell us not to worry on unconfirmed transactions. I mean man how can you trade if you cant confirm? where it the trading there? how can it grow? having 100k plus unconfirmed transactions if not solve will kill bitcoin itself.. high fees and slow confirmation then we are doom sad We tell you not to worry because this is not the first it has happened and it will surely happen again, if you really need to trade that much, pay an above average fee or use one of those services that will mine your transaction for you once the fee isn't too small. As said, this has happened before, this will not have long term effects on bitcoin.
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NeonXL
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OPEN GAMING PLATFORM
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November 12, 2017, 05:16:37 PM |
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My 700$ BTC pending up to 15 hours but i did't know about 134k transaction still unconfirmed.I am very disappointed for my transaction is unconfirmed. I hope within 24 hours this problem is solved.
Miners will be returned to BTC tomorrow because BCH blockchain will have 400% difficulty. Don't forget there is a fork tomorrow to fix just what you said Now it`s A LOT OF BLOCKS per hour. Fork will fix it too, so miners`ll leave it. BCH is big fucking pumped Chinese and Korean SCUM. Roger Ver is Antichrist. Follow BTC holy way! ▲ ▲ ▲
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ismart1
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Make a difference, make it better.
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November 12, 2017, 05:18:56 PM |
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i also have one unconfirmed transaction on coinbase.
So far I have 4 unconfirmed transaction, total amount 11btc Are those all your transactions? I may know someone who might help, PM
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Taskford
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November 12, 2017, 05:33:25 PM |
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I also made a transaction to send more than $300 but until now it is not yet confirmed and i am starting to worry also because i believe that bitcoin is faster and even better than before so i think that it will not have a stuck confirmation but until now there is a lot of unconfirmed transaction and i hope that in the next few days, all of the unconfirmed transaction will be alright.
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Netnox
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November 12, 2017, 05:46:01 PM |
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It has increased to 173,372 transactions. Considering a single block can accommodate ~2,000 transactions, it is going to take another 80-90 blocks to clear this backlog. And I have noticed something really weird. Check this: https://blockchain.info/blocksCheck block # 494078 (mined by Bitfury). They wasted around 800 KB. Seriously? Right now they need to do that?
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SynAck
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November 12, 2017, 06:03:03 PM |
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Looking at fork.lol charts BCH hashrate just went to double that of BTC, its currently more than 50% of the total hashrate. It seems like most of the miners moved to BCH and more are following, at this pace bitcoin core will be dead very soon since it will be even more difficult to confirm transactions.
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gentlemand
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Welt Am Draht
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November 12, 2017, 06:11:02 PM |
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Looking at fork.lol charts BCH hashrate just went to double that of BTC, its currently more than 50% of the total hashrate. It seems like most of the miners moved to BCH and more are following, at this pace bitcoin core will be dead very soon since it will be even more difficult to confirm transactions.
In two hours BCH will be 4x harder to mine. The miners will migrate back to BTC. They only care about which coin makes them the most money and this was all coordinated to mess with Bitcoin as much as possible. Soon enough things will be back to relative normal. You can't coerce an entire system with those tactics.
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Snub
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November 12, 2017, 06:18:54 PM |
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It is 176.7k already) that number will decrease in a couple of hours, when miners will go back from BTCash
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Platonicus
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November 12, 2017, 06:22:05 PM |
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Agree. It is 176.7k already) that number will decrease in a couple of hours, when miners will go back from BTCash
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TimeHacker
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November 12, 2017, 06:22:48 PM |
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I really don't like that the BCH supporters use such practices as spamming Bitcoin with thousands of fake transactions to damage it. They really think that this way they will convince people to switch to BCH? If nothing else, this is the reason I never want to have anything to do with BCH.
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MatrixMining
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November 12, 2017, 06:26:26 PM |
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The guys behind bitcoin cash are just a bunch of manipulators who just want to earn quick money, even if it means damaging the whole bitcoin community. Hopefully they will spend all their bitcoins on this crap very soon and leave us alone with full bags of useless BCH shitcoins.
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emberbekas
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November 12, 2017, 06:33:33 PM |
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I'm starting to get really worried about this. Me too bro. I make some transactions in last days and already have 0 confirmations.
I have one transaction that hasn't get a confirmation yet after two days. But I remain calm because in the past I ever get a confirmation after a very long waiting. As bitcoin user I am aware that something like this can happen at anytime.
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SynAck
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November 12, 2017, 06:37:36 PM |
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I'm starting to get really worried about this. Me too bro. I make some transactions in last days and already have 0 confirmations.
I have one transaction that hasn't get a confirmation yet after two days. But I remain calm because in the past I ever get a confirmation after a very long waiting. As bitcoin user I am aware that something like this can happen at anytime. I don't think that this situation where 178k+ transactions are not confirmed (and growing) ever happened in btc history.
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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November 12, 2017, 06:39:46 PM |
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We have had this before, these manipulators will get tired in a few days, especially now when Bitcoin cash pump s over. Fucking manipulators and scammers.
Then people come and say we should all switch. Yeah, right!
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SynAck
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November 12, 2017, 06:46:41 PM |
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We have had this before, these manipulators will get tired in a few days, especially now when Bitcoin cash pump s over. Fucking manipulators and scammers.
Then people come and say we should all switch. Yeah, right!
Excuse me but when did we had 179k+ unconfirmed transactions before in the past? I don't recall such thing and I'm with bitcoin since its birth...
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J. Cooper
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Alea iacta est
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November 12, 2017, 06:46:54 PM |
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We have had this before, these manipulators will get tired in a few days, especially now when Bitcoin cash pump s over. Fucking manipulators and scammers.
Then people come and say we should all switch. Yeah, right!
It's a really cheap attempt of promoting and convincing more people to use the currency. It's really sad it has come to this but i saw this coming from a mile away. I think i even read about potential spamming of the network back in August when I joined this forum. Manipulation is not the way to overcome your competition, Bcash lost this fight when they started it.
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