220k unconfirmed transactions

[megynacuna]

I also read that article.And it's true that there's now 220k+ unconfirmed transaction are pending.I read in a another article that it's happening because of #cryptokitties.
I think we should just wait to bring things back to normal

I think you can check from block cypher and many other platforms  for yourself without reading articles about them. It could be due to a lot of factors  such as  the flooding of the network by a lot of newbies or people trying to play smart trading due to the recent margin of growth and thereby loading the network with a lot of buying and selling.

[Xenrise]

You probably should now use TX booster for this to go faster. There is something here in this forum, try to go at Services. But wow, that's a lot of transaction though. And that fee is high. Miners this day, tsk tsk.

[Gleb Gamow]

I know of a guy (seriously, not speaking in third person) who transferred U$1,000 three days ago and paid the express fee of U$92.14. The transaction has yet to be confirmed. Again, I'm not the sender or sendee, just a dude privy to this particular transaction.

[sofi@]

Thousands of transactions are need to be processed every day and with the current situation of bitcoin demand I won't be surprise if theres thousand uncofirm transaction. Developers will need to go about this issue but as for now we really have to be patience or pay transaction fees that really sucks otherwise you cannot transact anything

[annbagira]

Hello! Yes! What a awful situation! Hope soon it will be cheaper, fast and without trouble!

[gundala]

I have not done any transactions after knowing from my friends that many have complained about the very long confirmation process. if you want a quick transaction is confirmed then it should use more fee. this is the effect of high bitcoin prices.

[Gleb Gamow]

Thousands of transactions are need to be processed every day and with the current situation of bitcoin demand I won't be surprise if theres thousand uncofirm transaction. Developers will need to go about this issue but as for now we really have to be patience or pay transaction fees that really sucks otherwise you cannot transact anything

https://blockchain.info/blocks

I thought the block size was increased to at least 2kB.

Furthermore, who is "Unknown" relaying all them recent blocks? Did the NSA fire up their new Quantum Puter in Utah?

[cryptojedi]

That s why I hold mostly alts. Transacting Bitcoin s going be very expensive in the future and small crypto users will have to turn to alts.

[batang_bitcoin]

I know of a guy (seriously, not speaking in third person) who transferred U$1,000 three days ago and paid the express fee of U$92.14. The transaction has yet to be confirmed. Again, I'm not the sender or sendee, just a dude privy to this particular transaction.

I'm not even going to pay $42 for an express since I tried to send before but with this $92.14 fee? That's totally high and still not yet confirmed? Bitcoin reaches new ATH for its price and it also reaches new ATH for it's unconfirmed transaction. By checking the unconfirmed transaction now it has been down to 205k so there is still hope those 15k unconfirmed was settled I hope it will goes well as soon as possible.

[hxo1997]

I need help with stuck transaction. I got stuck transaction, it is really weird that i can see it on block explorer but i can't see it on blockchain
Here is my transaction id:
6792d28f7dd0c212ef450c5e35920101b9c5903ed5f7bf828ca86afa2b9f9e4e
You can see it here:
https://blockexplorer.com/tx/6792d28f7dd0c212ef450c5e35920101b9c5903ed5f7bf828ca86afa2b9f9e4e
How can i solve this problem?

[Reid]

Then go look for something else that will let you pay less.
Oh I am sorry where could we find one now?
At Western Union the higher the amount the higher you pay.

Look, this congested transaction is being resolved and that is why you are seeing a higher tx fee so that they could eliminate those who are just sending little amounts and fees. Prevention is needed first so they could move and finish all those pending transaction.

[hxo1997]

Help me please, anyone?

[khaled0111]

bitcoin is just getting old and slow only the price is up lol

Are you serious!! Bitcoin network is just 8 years old and it is considered as a new technology.
The network faces these problems because it is still new and users are not familiar with it.

The network congestion is somehow understandable. Bitcoin is insanely rising that is why many people want to buy it which results in a huge number of transactions.
It is hard to treat all these transactions in the same time.

Help me please, anyone?

0.36$ fee is too low thus you have to wait before seeing your transaction getting confirmed especially with the current network status.

[hxo1997]

Thanks but how long could it be?

[Tszunami98]

I payed around 15$ for a 3000$ transaction, but that was when btc was around 14k...i dont know if i am lucky but i never had problems with confirming my transaction...i mean this one lasted for 1 hour or so to get confirmed.
Anyway, i do agree those taxes are pretty high and basically they force you to hold the coin and not to transact.

[hxo1997]

I have to wait 16 hours and nothing happened to my transaction 

[markint]

I think that this is a problem that has already been widely discussed, for which we must be aware that bitcoin has ceased to be an adequate currency to carry out ordinary transactions. But fortunately there are countless altcoins that can satisfy those shortcomings completely.

In addition this problem should motivate us to hold our bitcoins as the valuable digital gold that is, avoiding these unnecessary congestion.

[tabas]

I'll wait for these volumes of transactions to be confirmed and be down to 100k-60k before transacting. I can't take the fees for now even though I really want to.

[aardvark15]

Hey everyone,

It's crazy how many transactions are stuck at the moment I just saw some transactions worth $250 with a fee of almost $40!!
My transactions from 2 days ago with a fee of $5 still haven't confirmed it's pretty messed up, isn't bitcoin known for the almost instant transactions? right now the network is as slow as a snail. 

https://blockchain.info/unconfirmed-transactions

I hope the bitcoin hype will settle down soon so our normal bitcoin users can continue their business, right now it's very expensive to send transactions.

Have any of you guys have stuck transactions aswell or paid insane amounts fee? let me know i'm interested.

~yaking

A few years ago people were saying that one of the major benefits of Bitcoin is that you could send money anywhere in the world almost instantly and almost free. We can’t really say that anymore, at least right now.

I hav a transaction stuck for almost 2 days now. The number of unconfirmed transactions has been over 200,000 most of the last two days. Some people are saying it’s taking 4 day to get them confirmed.

[DARKANGEL6415]

Yesterday I sent some bitcoins with over 200,000 unconfirmed transactions and it took only about 1 hour to have it credited, and this with a pretty low fee. So don't really look at the number of unconfirmed transactions

And no bitcoin isn't supposed to be an instant transaction method

You are lucky not sure what you did to get it confirmed and credited so fast but i have been waiting for 52 hours. I still dont have not even 1 confirmation on it. The weird thing is it keeps getting reset to zero like it is a new transaction being done. Now i am not the sender i am tje receiver of a payment. No im not going crazy it really does reset see referring number below.

b642003e63e38f8fd9eed9cd8252179c4101ada0e8583c75bc8f714f7af12371