Any idea when the Bitcoin Mempool will stop being so congested?

[3meek]

This has already happened repeatedly, and returned to normal. I put on average 30 sat/byte per transaction and wait from 4 hours to several days... By the way, I also consider this commission expensive! I'm sure that the network fees will soon return to normal values!

[btc78]

The fees are so high, this is terrible:

https://bitcoinfees.net/

Total mempool transactions: 111,140

When is it going to go down back to 2,000 - 4,000 ??

I don't think that we will be lowering the Fee as of this moment and sooner because the way Transaction  fees are going now is that continuously growing.
Maybe in December when the Miner realized that People now are using other coins as the BTC is really disappointing people in crypto.
But i have experienced this late of 2017 and just in the next year January the rate fell down to normal again.

[carlisle1]

This has already happened repeatedly, and returned to normal. I put on average 30 sat/byte per transaction and wait from 4 hours to several days... By the way, I also consider this commission expensive! I'm sure that the network fees will soon return to normal values!

yeah but this year it started early mate,we have this problem since october or late september when in the past Bullrun of 2017 this comes when we are nearing the end of december(that is how i remember when withdrawing payments from my campaign that time).

According to Earn.com, the median transaction fee has fallen to 330 Sat/Byte, which is lower than what we had a few days back. But depending on the size of your transaction, you may end up paying anywhere from $2 to $10, if you want a quick confirmation. You can try your luck with lower amounts, but don't blame me in case your transaction gets stuck for 2-3 days.

That is still higher than what we have in the middle of the year.

[pooya87]

Any protocol consensus change is not allowed and keeping the Satoshi Bitcoin brand.

there is no such thing as "the Satoshi Bitcoin brand". in fact one of the reasons why Satoshi went away was exactly to prevent this kind of idiotic concepts in a decentralized system.

there is only Bitcoin protocol and this protocol needs to evolve and change over time. whether it is bug fixes, improvements or major changes. they are all equally needed for bitcoin to move with the technology.
not to mention that the initial protocol Satoshi created had flaws that were fixed through all the very same changes you say should not be allowed.

[hv_]

Any protocol consensus change is not allowed and keeping the Satoshi Bitcoin brand.

there is no such thing as "the Satoshi Bitcoin brand". in fact one of the reasons why Satoshi went away was exactly to prevent this kind of idiotic concepts in a decentralized system.

there is only Bitcoin protocol and this protocol needs to evolve and change over time. whether it is bug fixes, improvements or major changes. they are all equally needed for bitcoin to move with the technology.
not to mention that the initial protocol Satoshi created had flaws that were fixed through all the very same changes you say should not be allowed.

Nope - Satoshi got it right - he was bigger than any 'core'  dev wannabe

Biggest new flaws in btc: segwit, LN, RBF, obfuscation helpers >> illegal - that's not Bitcoin

[Twinkledoe]

This has already happened repeatedly, and returned to normal. I put on average 30 sat/byte per transaction and wait from 4 hours to several days... By the way, I also consider this commission expensive! I'm sure that the network fees will soon return to normal values!

If you want to lessen the fees, check the mempool activity first before you send your transaction. And for example, right now, the activity is low (about 15k+ pending, as compared last week of 100k+) so you can send it even at low sat/byte. 30 sat/byte is actually higher now that it will go thru not for several days but maybe less than an hour. In the past few days, the mempool is not congested, I made a tx with only about 17sat/byte and got confirmation in 30 min.

[Wind_FURY]

Things are momentarily improved in terms of fees as the price has somewhat stabilized, at least relative to how its been for the last couple weeks, so not as many people are trying to get get their coins rapidly on or off exchanges. For a long time I've thought that the fundamental/intrinsic value of bitcoin decreases as fees increase, as higher fees equal less likelihood that it is viable as a means of currency.

I think this time around second layer solutions are in place to onboard regufees turned off from the price of fees -- its just a matter of them adopting to it (Liquid by Blockstream is actually easier to use than LN -- its just missing any sort of awareness).

Nice... how to force the masses into 2nd classes   wtf!

You obviously don't understand, or never tried to understand how LN works. There are no "2nd classes" in LN, but there are in trading Bitcoin for forked-shitcoins.

Plus to OP, the mempool has cleared up for you now. Enjoy using the network.

[bryant.coleman]

Good news for Bitcoin users. Mempool is almost empty now. A few minutes back, the size was less than 1 MB. Compare this to what we had four days back, when the Mempool size was more than 80 MB. I just checked Earn.com, but they are still showing 330 Sat/Byte as the median fee (I guess they haven't updated the stats in a while). The last Block (#656261, mined by Poolin) was half-empty as there were not enough unconfirmed transactions to be included.

[Wind_FURY]

Good news for Bitcoin users. Mempool is almost empty now. A few minutes back, the size was less than 1 MB. Compare this to what we had four days back, when the Mempool size was more than 80 MB. I just checked Earn.com, but they are still showing 330 Sat/Byte as the median fee (I guess they haven't updated the stats in a while). The last Block (#656261, mined by Poolin) was half-empty as there were not enough unconfirmed transactions to be included.
 

I don't have the solution in how software/apps should get the most updated recommended fees in the network automatically, but it's also partly the responsibility of merchants, and wallet developers to make it more efficient. The other part is the users. The community should remind newbies to always check the mempool, and set the fees manually.

[Vishnu.Reang]

Good news for Bitcoin users. Mempool is almost empty now. A few minutes back, the size was less than 1 MB. Compare this to what we had four days back, when the Mempool size was more than 80 MB. I just checked Earn.com, but they are still showing 330 Sat/Byte as the median fee (I guess they haven't updated the stats in a while). The last Block (#656261, mined by Poolin) was half-empty as there were not enough unconfirmed transactions to be included.
 

I don't have the solution in how software/apps should get the most updated recommended fees in the network automatically, but it's also partly the responsibility of merchants, and wallet developers to make it more efficient. The other part is the users. The community should remind newbies to always check the mempool, and set the fees manually.

I disagree here. The median fee shown by Earn.com is correct. They show the median of the transaction fee paid by all the users, and not the minimum fee which is needed for confirmation. If the users are paying a higher fee (although it is not required), then the median will also go up. But those who refer sites such as Earn.com needs to keep this in mind. Even now they are showing a fee of 348 satoshis/byte.

[BitcoinsGreat]

According to Earn.com, the median transaction fee has fallen to 330 Sat/Byte, which is lower than what we had a few days back. But depending on the size of your transaction, you may end up paying anywhere from $2 to $10, if you want a quick confirmation. You can try your luck with lower amounts, but don't blame me in case your transaction gets stuck for 2-3 days.

Bitcoin prices are increasing lately and will this encourage miners to start their rigs if they had stopped it for any reasons. Also maybe new miners will join the party which may help to increase the tx confirmation speed but the tx cost will remain high because of high prices.