No matter how much we love BTC, confirmations take way too long!

[btccashacc]

Compared to what? Bitcoin is the fastest payment network there is. 

I'm sorry, but just no.
There are a lot of next-to-instant payment methods like Paypal and Credit Cards, and even most altcoins are faster than BTC now.

In terms of transactions moving from point A to B, PayPal and others might be the fastest as long as payments occur within the ecosystem of these services, but the main point of importance is the time they need to settle. In most cases Bitcoin transactions settle (i.e. confirm) usually within 20-30 minutes. PayPal and others have a settle time of more than 60 days in which people can charge back if they so wish -- that's quite a difference, isn't it?

Yup exactly that's why people still using bitcoin even though the fee is too high if we compare it to the paypal for small transaction of course, you might be right that bitcoin is not faster anymore but at least it's decentralized, no one can dispute your money, lock it or even freeze. Yeah maybe there some altcoins which better than bitcoin but compare bitcoin to paypal or another centralized payment i think it's just not suited.

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[kelseydustin]

Compared to what? Bitcoin is the fastest payment network there is. 

I'm sorry, but just no.
There are a lot of next-to-instant payment methods like Paypal and Credit Cards, and even most altcoins are faster than BTC now.

actually, you can not have an instant payment when you send a huge amount of money while using paypal or credit cards. Bitcoin will give you an opportunity to make that transaction if you sets a affordable fee

[shinratensei_]

We can't do anything about the confirmation time because it is true that it's taking a lot of time before it gets confirmation, the only thing that we can is to adjust our fees so we can experience a faster transaction but it will cost more bitcoin but it is worth it if you are in a rush.

Your fee will be determining the priority of your transaction. If you have a high fee and the transaction gets high priority to get signed on the 1 - 10 blocks. And it will take up to 0 - 30 minutes.

The accelerator will push your priority transaction to the early block.
And you will able to get fast confirmation rather not use the accelerator.

[Sarah08]

When im doing a transaction last month in already taking months to cconfirm so i guess it is really hopeless for the bitcoin because of so many users and the transactions are getting stock in the blockchain but today i guess its already came back almost all of my transactions just takes less than 12 hours so not bad at all.

[Bit_Happy]

« Not completely serious »

This topic was started almost 3 years ago.
As the subject gets more obvious and important, I've been ignoring the thread & have not posted for almost 3 whole years.
Can't you people just accept it and move on!!!  

</ Not completely serious >

[niisarearning]

Exactly i completely agree with that bitcoin transaction for lower amount and lower transaction fees are taking way too long and also it goes unconfirmed transaction or pending for more than week some times it get cancel also . Its breaking bitcoin original purpose

[Heyo:P]

As the subject gets more obvious and important, I've been ignoring the thread & have not posted for almost 3 whole years.
Can't you people just accept it and move on!!!  

This topic may have been created 3 years ago but it's more relevant now than it ever was. Besides if you don't want people posting here why don't you lock the thread?

[TryNinja]

If you really love bitcoin, the time of confirmation is not a worrying issue, we have all the measures to resolve it. And of course, transaction fees are not a problem, we have systems that support bitcoin transaction processing, however, the amount is always limited, only 100 transactions are supported per hour. Today, I will give you a place that supports our transaction. http://Https://www.viabtc.com/tools/txaccelerator/
Remember, only the first 100 deals are processed per hour.

This is the stupidest thing I've ever read. How are fees not a problem? Do you think Bitcoin was created for the purpose of charging $5 in fees per transactionss and thus making it impossible to be used for micro-transactions?

The ViaBTC transaction accelerator is just one way to try to mitigate the problem we are experiencing at the moment. It is an option that we should never need and that can not be used as a solution, mainly because they only allow the acceleration of 100 transactions per hour. Meanwhile we have + 100k unconfirmed transactions every day.

[DOGE12321]

It IS relevant when you have only 2 blocks created in 40 minutes (like right now) and a merchant that requires at least 3 or 4 confirmations.

A payment processor will cover this. You send the money through them and all is good.

That won't work. A payment processor would just destroy the underlying philosophy behind Bitcoin. A cryptocurrency is supposed to carry out the transaction without third party intervention. In other words, peer to peer. If we employ a payment processor, we are destroying these characteristics of Bitcoin.