Kushkounty (OP)
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November 12, 2017, 09:20:30 AM |
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I sent 72$ worth of bitcoin with a fee of 12$ and its been 4hrs and still 0 confirmations..... what is going on can someone help me how long am i going to have to wait until it confirms??? I used breadwallet also.
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rayday11
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November 12, 2017, 11:39:50 AM |
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High transaction volume.
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NeuroticFish
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November 12, 2017, 11:43:55 AM |
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I sent 72$ worth of bitcoin with a fee of 12$ and its been 4hrs and still 0 confirmations..... what is going on can someone help me how long am i going to have to wait until it confirms??? I used breadwallet also.
What matters is the fee/kb. And indeed, the network is very busy. Just look at the mempool size: https://btc.com/stats/unconfirmed-tx and keep in mind that normal is usually under 10 MB. Post your transaction ID and we can give more details. Also an idea would be to search around for the threads where people offer to accelerate transactions and ask them to help you out.
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PVminer
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November 12, 2017, 11:57:46 AM |
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High transaction volume.
No, the transaction volume is very modest, lower than usual. What is unusual is the mining rate which is 40% normal because miners flocked to BCH which is for the next about 10 hours more profitable than BTC. 40% mining rate is like having a block of average 0.4 MB size. Things will start to clear up slowly later today.
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ahmedjamal1998
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November 12, 2017, 12:43:13 PM |
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No, the transaction volume is very modest, lower than usual.
Are you from another parallel universe or something ?? The mempool normally has less than 25k unconfirmed transactions at the normal times. Right now there's more than 166k unconfirmed transactions with a crazy rate of 14.35 transactions per second !!!!!1 It's usually doesn't even reach 8/s. https://blockchain.info/unconfirmed-transactionsThis takes us back exactly to when the conversations about applying segwit2. What did they do back then force it ? Scam and jam the bitcoin network so hard in order to show that it sucks right now and needs to be changed. When they got what they want, they stopped their attacks. But now after the fork got cancelled, they're doing everything in their power to prove it one more time to the public. This is totally clear. And don't come and tell me that there's no such thing as attacks or whatever. The fees have been so stable through the past months AND that is when the price was soaring so hard with a lot of people interested in bitcoins. Don't tell me that somehow magically a few days after the fork is cancelled and the price went down, more transactions occur ? Doesn't make much sense.
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Kushkounty (OP)
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November 12, 2017, 12:44:26 PM |
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4910d016caed9c447652e0a372f73b9a cc262f2a957db1fe85544b33baf65523
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sydazfar
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November 12, 2017, 01:22:09 PM |
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I sent 72$ worth of bitcoin with a fee of 12$ and its been 4hrs and still 0 confirmations..... what is going on can someone help me how long am i going to have to wait until it confirms??? I used breadwallet also.
You will get it, I once had a transaction pending for 20hrs with high fee
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PVminer
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November 12, 2017, 04:32:24 PM Last edit: November 12, 2017, 04:45:45 PM by PVminer |
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No, the transaction volume is very modest, lower than usual.
Are you from another parallel universe or something ?? The mempool normally has less than 25k unconfirmed transactions at the normal times. Right now there's more than 166k unconfirmed transactions with a crazy rate of 14.35 transactions per second !!!!!1 It's usually doesn't even reach 8/s. https://blockchain.info/unconfirmed-transactionsThe blockchain.info is wrong. I monitor the mempool myself and the blockchain.info is in the parallel universe. Here is the correct today's evolution: https://jochen-hoenicke.de/queue/#2dDuring typical day, the steady state rate of transaction is equal to the total blocks mined, about 140-150 MB/day. Today, the mempool increased by 37 MB but only 61 MB of blocks have been mined. The sum is less than normal. This takes us back exactly to when the conversations about applying segwit2. What did they do back then force it ? Scam and jam the bitcoin network so hard in order to show that it sucks right now and needs to be changed.
When they got what they want, they stopped their attacks. But now after the fork got cancelled, they're doing everything in their power to prove it one more time to the public.
This is totally clear. And don't come and tell me that there's no such thing as attacks or whatever. The fees have been so stable through the past months AND that is when the price was soaring so hard with a lot of people interested in bitcoins.
Don't tell me that somehow magically a few days after the fork is cancelled and the price went down, more transactions occur ? Doesn't make much sense.
There is no increase in transactions. There might be some transactions that are waiting at sidelines. Probably most of the non-important (moving $20 dollars of bitcoins) stopped but the current clog is due to slowdown in mining, not the increase in transactions. Last 12h was particularly slow, it's like having an effective 0.35 MB blocks. There has probably never been such a slowdown in mining during the history of Bitcoin (except maybe Satoshi times). The distribution of transactions likely changed. With very high fees, wallet reorganizations and minor transactions are not issued. So the clog might be not easy to clear once the fees start to go down but it will bet better as soon as mining picks up. Edit: corrected numbers
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J. Cooper
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November 12, 2017, 07:10:58 PM |
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You may or you may have not noticed that the network is currently under a spam attack so it might take a couple hours for your transaction to receive it's first couple of confirmations. If it's a really urgent payment I would can van broadcast another transaction with an increased fee but only do this if you really really need to (otherwise it's just a waste of money). If not just wait it out, it will take longer than normal but that is due to this spam attack.
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casinolize.com
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November 12, 2017, 07:17:40 PM |
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No, the transaction volume is very modest, lower than usual.
Are you from another parallel universe or something ?? The mempool normally has less than 25k unconfirmed transactions at the normal times. Right now there's more than 166k unconfirmed transactions with a crazy rate of 14.35 transactions per second !!!!!1 It's usually doesn't even reach 8/s. https://blockchain.info/unconfirmed-transactionsThis takes us back exactly to when the conversations about applying segwit2. What did they do back then force it ? Scam and jam the bitcoin network so hard in order to show that it sucks right now and needs to be changed. When they got what they want, they stopped their attacks. But now after the fork got cancelled, they're doing everything in their power to prove it one more time to the public. This is totally clear. And don't come and tell me that there's no such thing as attacks or whatever. The fees have been so stable through the past months AND that is when the price was soaring so hard with a lot of people interested in bitcoins. Don't tell me that somehow magically a few days after the fork is cancelled and the price went down, more transactions occur ? Doesn't make much sense. Well said
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dylan987
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November 12, 2017, 08:38:05 PM |
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I send 0.02 BTC with low fees 5 days ago, and 0 confirmation it's to low ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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Thaalbi
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November 12, 2017, 09:55:56 PM |
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I sent 72$ worth of bitcoin with a fee of 12$ and its been 4hrs and still 0 confirmations..... what is going on can someone help me how long am i going to have to wait until it confirms??? I used breadwallet also.
this provisory problem 4 or 5 hours for transaction
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rehydrogenated
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November 13, 2017, 12:57:18 AM |
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I am having the same problem. I don't understand why the fork didn't happen. Wouldn't that have fixed this problem?
I would like to make some transactions for real. How is this supposed to be the currency of the future?
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darkmefurico
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November 15, 2017, 10:59:09 AM |
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Spam attacks are real
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cityfalcon
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November 15, 2017, 12:28:14 PM |
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You can find some services where you can pay to have your transaction processed.
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altintarr
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November 15, 2017, 03:44:07 PM |
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bitcoin core now delete transactions from mempool if they reach the 2 weeks old (by default). Let's wait if your transaction is confirmed or if it will be deleted
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ikicha
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November 15, 2017, 04:05:09 PM |
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Now, bitcoin network have High Transaction volume, maybe spamming on blockchain network You can check Unconfirmation Transaction here https://blockchain.info/unconfirmed-transactionsAt this moment , please not send bitcoin, you can use alternate currency for sent payment ( ex : eth or ltc ) Bitcoin must implemented 2MB block size, segwit is must ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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lulumiya
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November 15, 2017, 04:06:54 PM |
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Now, bitcoin network have High Transaction volume, maybe spamming on blockchain network You can check Unconfirmation Transaction here https://blockchain.info/unconfirmed-transactionsAt this moment , please not send bitcoin, you can use alternate currency for sent payment ( ex : eth or ltc ) Bitcoin must implemented 2MB block size, segwit is must ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) now my transfer completed in 2 minutes? with 10k low fee. its luck?
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davinci6845
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November 15, 2017, 04:56:51 PM |
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I waited about 1 day? This weekend made a big mess of things
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Ealex
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November 16, 2017, 01:40:49 PM |
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I sent 72$ worth of bitcoin with a fee of 12$ and its been 4hrs and still 0 confirmations..... what is going on can someone help me how long am i going to have to wait until it confirms??? I used breadwallet also.
I had this problem recently. Please let me know when you find a solution or a cause.
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