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Author Topic: Bitcoin Blackout - No transactions on Christmas Eve!  (Read 833 times)
helpmywallet (OP)
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December 21, 2017, 09:18:36 PM
Last edit: December 23, 2017, 02:43:26 AM by helpmywallet
 #1

Update________________

Bitcoin Blackout - No transactions for 24 hours.

Christmas Eve this Sunday December 24th. 00:01 Eastern Standard Time.

Facebook Event: https://business.facebook.com/events/2035024043411449/
Facebook Post: https://www.facebook.com/HelpMyWallet/posts/922006654617992

Like and Share! No transactions on Christmas Eve. Bitcoins confirmed by Christmas Day!

Take back our Network!


#####################################





Please kindly stop making Bitcoin Transactions for a day or two...The Blockchain needs to catchup!

Let's do a blackout for Bitcoin Transactions.

288000+ Unconfirmed Transactions.

https://blockchain.info/unconfirmed-transactions

HelpMyWallet.com

This is my cry for help...  Grin

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December 21, 2017, 09:20:45 PM
 #2

Yes , the miners are attack bitcoin for gains high fees, this make a price down for BTC and high fees. dont send more BTC.
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December 21, 2017, 09:26:04 PM
 #3

Hello author! I understand you very much! But you really think that you can just ask and people will stop make any transaction? It will be paradise if all people here will be like big family and stop make it but I don't believe in it!

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December 21, 2017, 09:32:11 PM
 #4

Hello author! I understand you very much! But you really think that you can just ask and people will stop make any transaction? It will be paradise if all people here will be like big family and stop make it but I don't believe in it!

It is not impossible. People are known to do even more amazing things when they come together on something.
Perhaps organizing an event of sorts is in order. Like the Earth Hour when people turn their lights off, just for Bitcoin, or something like that.
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December 21, 2017, 09:38:53 PM
 #5


This is my cry for help...  Grin


You must be one of us with stuck transactions, and can't afford pushing it.  Embarrassed

Hello author! I understand you very much! But you really think that you can just ask and people will stop make any transaction? It will be paradise if all people here will be like big family and stop make it but I don't believe in it!

It is not impossible. People are known to do even more amazing things when they come together on something.
Perhaps organizing an event of sorts is in order. Like the Earth Hour when people turn their lights off, just for Bitcoin, or something like that.

Without a common front we struggle against each other for our own gains.
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December 21, 2017, 09:44:57 PM
 #6


This is my cry for help...  Grin


You must be one of us with stuck transactions, and can't afford pushing it.  Embarrassed

Hello author! I understand you very much! But you really think that you can just ask and people will stop make any transaction? It will be paradise if all people here will be like big family and stop make it but I don't believe in it!

It is not impossible. People are known to do even more amazing things when they come together on something.
Perhaps organizing an event of sorts is in order. Like the Earth Hour when people turn their lights off, just for Bitcoin, or something like that.

Without a common front we struggle against each other for our own gains.


who can afford it at this rate? I spent 32 usd to move less than 1k. It's been multiple days now.  Just add that to another checklist of things a crypto trader needs to check before moving btc. 
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December 21, 2017, 10:01:51 PM
 #7

People won't stop sending transaction mostly due to decreasing Bitcoin value. After a while of thinking, I decided not to sell my BTC because of expensive and slow transactions. Bitcoin price should be back to normal soon. As far as I remember, Bitcoin value vastly decreased in September. It took 2 weeks before Bitcoin price was back to normal. What a shame that many exchanges still don't support SegWit, it could help a little. I hope that Lightning Network will be introduced soon, I have used in on the testnet and it worked great.
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December 21, 2017, 10:07:29 PM
 #8

This is not a good advice. Bitcoin is created for doing transactions. Even if  people stop sending bitcoin, for sure it's not a solution. We need a solution which solves this problem for all the times.
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December 21, 2017, 10:08:04 PM
 #9

All miner are on BCH, within 10/11 days, difficulty will adjust and all miner will come back to BTC again.
We cant use BTC these days, fee is very high and confirmation is taking very long time.
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December 21, 2017, 10:11:09 PM
 #10

At the moment, the bitcoin fee is too high. I think this is an obstacle for small investors. Currently, major trading sites in the world have also increased fee, which makes the traders feel quite frustrated. I think that commercial sites should have a more rational way to attract investors instead of raising fees.
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December 21, 2017, 10:15:12 PM
 #11

Yes, the rates are really very high right now. I send 30 Dollars when I want.


I do not think the low commission rates are in the literature, so it would be wiser not to send it for 3-5 days at the moment
If so, how do we transfer it?
ı dont understand now ...
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December 21, 2017, 10:22:17 PM
 #12

Not impossible.People are known to do more amazing things as they gather in a sort of sequential event.
 As Power Turns an hour when people turn off their lights, just for Bitcoin,or something like that.
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December 21, 2017, 10:33:47 PM
 #13

All miner are on BCH, within 10/11 days, difficulty will adjust and all miner will come back to BTC again.
We cant use BTC these days, fee is very high and confirmation is taking very long time.
BTC chain is more profitable at the moment, block reward is $137,369 (8.44 BTC) vs. $205 (0.06 BCH).
Also, the relative hashrate in the last 6 hours was 85% BTC vs. 15% BCH...
Diff adjustment will happen on 4th Jan next year, but price has also influence on miners to decide which is the more profitable chain at the very moment, but now it's BTC's time but despite of this, the mempool is still growing in transaction count.
There's no need to ask the people to stop sending transactions because the fees already stop them (but not all of the people).
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December 21, 2017, 10:50:01 PM
 #14

No, we shouldn't stop sending Bitcoin, we should start using Segwit so transaction sizes go down.
You'll also pay far less fees if you use Segwit to send your Bitcoins, so if it's an option to use Segwit, please do.

I've made a topic about this, but it got buried pretty fast, I'll share it here anyways.

https://bitcointalk.org/index.php?topic=2628386.msg26744871#msg26744871

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December 21, 2017, 10:54:02 PM
 #15

Let's encourage people to buy miners or better yet let's encourage miner companies to build faster miners.
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December 21, 2017, 10:57:57 PM
 #16

You can ask some people but not the majority, bitcoin is a peer to peer transaction and a mode of payment, people are buying stuff online and offline using bitcoin it just cannot stop your appeal is useless but once this hyip and mlm stop doing business using bitcoin transactions will ease up.
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December 21, 2017, 11:02:10 PM
 #17

We can't just yell on our closet to stop people sending bitcoin. You can do it alone and stop sending for now to avoid high fees but we don't know if this will stay for long or it will be solved in due time. I'm neutral on this thing and it's better to be calm and watch the market play and it's sick to see the unconfirmed transactions increases.

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December 21, 2017, 11:08:41 PM
 #18

Please kindly stop making Bitcoin Transactions for a day or two...The Blockchain needs to catchup!

Let's do a blackout for Bitcoin Transactions.

288000+ Unconfirmed Transactions.

https://blockchain.info/unconfirmed-transactions

HelpMyWallet.com

This is my cry for help...  Grin

This number rises and falls like ultrafast clock. I think we not only have to pause using bitcoin but we don't have to spam network and don't let miners to set very high fees. Just look these paid accelerators, they use current situation as they want and set so high fees, if we had much money we would send with high fees + viabtc's free accelerstor is spammed. Time to use cash or altcoins.

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December 21, 2017, 11:09:43 PM
 #19

Please kindly stop making Bitcoin Transactions for a day or two...The Blockchain needs to catchup!
This is my cry for help...  Grin


Far easier..
Use Segwit, both you and the rest.

Lower fees, doesn't require a genius to operate, and we can still continue using bitcoin, not just hodl them.

And since we're on the subject, contacting the guys in this list and bombarding them with request of deploying  segwit would help a lot more:
https://bitcoincore.org/en/segwit_adoption/


This number rises and falls like ultrafast clock. I think we not only have to pause using bitcoin but we don't have to spam network and don't let miners to set very high fees.

Time to use cash or altcoins.

1. Miners don't set fees, users do.

2. How can you use "cash" over the internet?

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filharvey
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December 21, 2017, 11:49:02 PM
 #20

I think that no one would co operate to do so.Now the saving button for bitcoin is only in the hands of the core team.They should wake up from the sleep and try to solve this issue.The problem has exceeded the limit due to which some times,even the fee is more than the amount sent.

Its totally against the vision of satoshi who created bitcoin as a platform where people could send money P2P at very low fee.But its no more.

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