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Author Topic: transaction that took too long, RESOLVED, thanks to everyobody for the support.  (Read 5980 times)
btcfre@k (OP)
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November 19, 2013, 11:34:58 PM
Last edit: November 20, 2013, 03:39:18 PM by btcfre@k
 #1

look at my transaction this is insane https://blockchain.info/address/1JvECPeTecKrenxQchJxQ6pjw5C5eRFDt1  12h of waiting Smiley.this is the  kind of thing that will kill bitcoin,how can you possibly wait for 12h for a transaction to be confirmed?

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11ams
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November 19, 2013, 11:36:00 PM
 #2

Pay the transaction fee?
btcfre@k (OP)
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November 19, 2013, 11:40:02 PM
 #3

i use blockchain..

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November 19, 2013, 11:40:50 PM
 #4

pay fee or don't get mined...simple as that

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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November 19, 2013, 11:42:17 PM
 #5

i use blockchain..

You still have to pay a transaction fee. Its in the settings.
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November 19, 2013, 11:42:27 PM
 #6

There must be some incentive for the miner, especially when they are no longer receiving block rewards.
btcfre@k (OP)
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November 19, 2013, 11:43:02 PM
 #7

right..now i cant pay fees after so i just have to wait...how much times

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November 19, 2013, 11:44:29 PM
 #8

right..now i cant pay fees after so i just have to wait...how much times

No saying really, I've accidentally sent transactions with no fees that were confirmed in 20 minutes, and I've had some that took 3+ days. I've also heard of it taking near a week, however not in my limited experience.
btcfre@k (OP)
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November 19, 2013, 11:45:22 PM
 #9

i use blockchain..

You still have to pay a transaction fee. Its in the settings.

right i see it now..i used to pay with mtgox there was a little box to tick...ok now i see .. Sad my btc will come in 19 months so..sadness

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November 19, 2013, 11:45:46 PM
 #10

Your transaction has fee, but it uses unconfirmed input. Send coins only after you get 1st confirmation from your deposit Wink

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November 19, 2013, 11:47:59 PM
 #11

somebody correct me if I'm wrong, as I understand it there are 6 transactions/second make the blockchain, the miners will, of course, prioritize inclusion of paying traffic and a backlog of moocher transactions develops.  Occasionally there is a lull in transaction activity and some moochers make it into the chain

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
btcfre@k (OP)
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November 19, 2013, 11:50:22 PM
 #12

this is bad . i sell bitcoin for ukash...i transfered my two btc on mtgox now im 0 on blockchain..very bad...i cant take any ukash then..

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btcfre@k (OP)
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November 19, 2013, 11:53:33 PM
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i cant setup somethin on blockchain to have the fees automaticly deducted from btc i send?because i do too many transaction per day

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November 19, 2013, 11:55:15 PM
 #14

somebody correct me if I'm wrong, as I understand it there are 6 transactions/second make the blockchain, the miners will, of course, prioritize inclusion of paying traffic and a backlog of moocher transactions develops.  Occasionally there is a lull in transaction activity and some moochers make it into the chain

Max block size is 1MB that is ~2,500 average sized tx or 4 tps (7 tps would require smaller as in size not value txs).  However miners aren't mining blocks anywhere close to the 1MB limit.

Average block size is 100KB to 200KB (~250 to 500 txs) or a mere 0.4 to 0.8 tps.  Miners are simply choosing to mine smaller blocks.

Still in general you are right.  Most miners devote a small amount of space for free transactions (default is 27KB or ~60 tx per block).  Anything beyond that waits for the next block.  If there are 3000 free tx ahead of you and only 60 make it into a block you are looking for 50 or so blocks before inclusion.  Free tx are ranked by priority so if you have a lower priority you can simply keep falling int the queue as newer higher priority tx are included in a block.

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November 19, 2013, 11:58:38 PM
 #15

Thanks for the clarification D&T

so the 6 (or you say 7) tps is a theoretical limit without a hard fork to increase blocksize and we aren't there yet

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
Remember remember the 5th of November
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November 19, 2013, 11:59:50 PM
 #16

Am I reading it right, or OP tried to double spend according to blockchain.info. There is one unconfirmed input, and if you look at the output of it, it was already spent. Of course it is very likely that I am just not reading it right, but if I am, the transaction will never confirm as one of the inputs was already spent.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
btcfre@k (OP)
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November 20, 2013, 12:02:54 AM
 #17

Am I reading it right, or OP tried to double spend according to blockchain.info. There is one unconfirmed input, and if you look at the output of it, it was already spent. Of course it is very likely that I am just not reading it right, but if I am, the transaction will never confirm as one of the inputs was already spent.
wait you mean those bitcoin are lost?

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November 20, 2013, 12:05:57 AM
 #18

Am I reading it right, or OP tried to double spend according to blockchain.info. There is one unconfirmed input, and if you look at the output of it, it was already spent. Of course it is very likely that I am just not reading it right, but if I am, the transaction will never confirm as one of the inputs was already spent.
wait you mean those bitcoin are lost?
I figured out your problem. Miners are not accepting your transaction due to address re-use.

Read here why https://bitcointalk.org/index.php?topic=334316.0. That or, because you didn't add a fee.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
btcfre@k (OP)
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November 20, 2013, 12:12:40 AM
 #19

i cant do anything?

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November 20, 2013, 12:23:59 AM
 #20

this is the  kind of thing that will kill bitcoin

You mean selfish people who refuse to pay a four-penny transaction fee? Nah, it'll just (hopefully) weed out selfish people who refuse to pay a four-penny transaction fee.

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