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Author Topic: Did You Face any Problem with BTC Confirmation?  (Read 312 times)
michellee
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November 05, 2020, 10:43:35 AM
 #41

Did you face any Problem with BTC Confirmation?
I face this problem. a lot of transactions still pending from last 2 weeks. I face a problem 1-time last year. it fixed automatically last time. so I just waiting or what i do Now?
If I were you, I would just wait until the confirmation is completed because I don't want to spend another fee. But if I need an urgent need of money, I will make another transaction, but this time, I will increase the fee, so the transaction will not wait too long to gets confirmed. Next time, you can check the bitcoin price first before making a transaction and checking on the fee. If you can accept the fee, you can continue to send it with a high fee. Otherwise, you need to wait until the fee can reduce, which I don't know how long the fee will reduce.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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November 05, 2020, 12:12:00 PM
 #42

The median transaction fee needed for an instant (i.e <20 minutes) confirmation is 380 Sat/Byte. If you are paying significantly less amount as fee, then you may need to wait for a couple of days (or even more) to get the first confirmation. So first ask yourself, whether you are fine with such a delay. If you want a quicker confirmation, then there is no other option. You need to pay the median transaction fee. 
bitcoin31
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November 05, 2020, 01:59:06 PM
 #43

I faced also bitcoin transaction confirmed 24 hours and I did not want to wait weeks for my bitcoin to confirmed because what if I need my bitcoin on that day, there is a lot of trassanction happening in the last few weeks ago and at this moment there is a lot so it's not fas confirm the transaction of the bitcoin . For sure many of us right now are experiencing fee hours or days before the transaction confirm.
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November 05, 2020, 02:21:42 PM
 #44

Yes, recently I'm about to receive my client payment for the order that he bought from me, I say that he can pay me in bitcoin, then it took less than 24hrs before confirmation, it is quite very long, since normally I will received it in just half an hour of 1 hr, maybe the bitcoin is so much congested right now,it affects the transactions, this is normal every year, when Christmas comes, bitcoin confirmation become too long and also become high in fees.
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November 05, 2020, 02:27:59 PM
 #45

I recently sent a small amount of bitcoins, when I was choosing the commission, it was high among the rest of the transactions. After I sent bitcoins, a large number of transactions appeared with a significantly higher commission, so mine shifted to the end of the queue. The transaction took 2 days and I still do not know whether my funds reached or not, I just took and sent the same amount of money again, but through ethereum. Tokens were credited to the addressee's account within 15 minutes. I don't use bitcoins anymore.

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