CanadaBits (OP)
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Activity: 126
Merit: 100
www.DonateMedia.org
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February 13, 2015, 09:09:15 PM |
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Currently I have waited 3 hour
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juju
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February 13, 2015, 09:22:20 PM |
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Currently I have waited 3 hour Probably 1-3 Hours like yourself I found this searching around google, some people claim Satoshi waited 130 Hours after mining Genesis to the first Block, however this I beleive is untrue, its more likely he was fixing issues with the code during this time and it did not actually take him 130 hours. ----- Here's a complete list of the differences between blocks, sorted by difference: http://paste.ubuntu.com/6780012/And here's a BASH script used to get a list of blocks and a difference between their timestamps (requires jq): #!/bin/bash
COUNT=$(bitcoind getblockcount) PREVTIME=0
for (( i=0; i<=$COUNT; i++ )) do HASH=$(bitcoind getblockhash $i) TIME=$(bitcoind getblock $HASH|jq ".time")
if (( "$i" > 0 )); then echo "$(expr $i - 1)-$i $(expr $TIME - $PREVTIME)"
#progress display if (( $(($i % $(($COUNT / 100)))) == 0)); then echo "$i*100/$COUNT"|bc|tr '\n' '%' 1>&2 echo "" 1>&2 fi fi
PREVTIME=$TIME done Run it like this: bash blocktime.sh|sort -n -k2. Takes a while to run (circa three hours on my system).
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cheekychap
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February 13, 2015, 09:53:15 PM |
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Around 1.5 hours. And the delay almost always happens, when I need it the quickest :/
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theskillzdatklls
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February 13, 2015, 10:09:20 PM |
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almost always near instant. one time though it took 8 hours or so, idk why.
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Bralex
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February 13, 2015, 10:11:00 PM |
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Around 1.5 hours. And the delay almost always happens, when I need it the quickest :/
The same the only times it has which is only a few times but that was the times i really needed it to confirm in 15 - 30 mins max but no aha Can be hours and hours without fee?
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BitUsher
Legendary
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Activity: 994
Merit: 1034
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February 13, 2015, 10:33:31 PM |
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50 minutes for me , but that is just because I use it so much and therefore increase the probability that I see a long confirmation time. Most confirmations are 7-12 minutes. It's a Poisson process, with a mean of 10 minutes. So... What is the probability that the next block will be found within 10 minutes from now?
63.212% Or within 1 minute?
9.516% Or 10 seconds?
1.653% Or 1 second?
0.167%
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shorena
Copper Member
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Activity: 1498
Merit: 1520
No I dont escrow anymore.
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February 13, 2015, 10:34:35 PM |
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Currently I have waited 3 hour 7 or 8 days, but I didnt pay a fee, the TX never confirmed I had to doublespend it.
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Im not really here, its just your imagination.
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dserrano5
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Activity: 1974
Merit: 1029
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February 13, 2015, 10:35:06 PM |
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I once waited 12 hours but it was fee related. Does that count?
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el kaka22
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Activity: 3528
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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February 13, 2015, 10:37:31 PM |
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yaa between 3-5 hours was the longest i ever waited
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dex1
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February 13, 2015, 10:40:26 PM |
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On average it should take about 10 min to mine a new block (i.e to get one confirmation) but when you're unlucky (as I was yesterday) you can find yourself in more than one hour gap between blocks See block 343200 (Main Chain) 2015-02-12 23:04:18 and next one block 343201 (Main Chain) 2015-02-13 00:08:00 And even your fees wouldn't speed that up.
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tspacepilot
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Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
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February 13, 2015, 10:40:57 PM |
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Currently I have waited 3 hour I've waited nearly a day when I sent without a reasonable fee (or when someone sent to me without a fee).
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enryk
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Activity: 168
Merit: 100
GreenCoin
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February 13, 2015, 10:41:56 PM |
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Currently I have waited 3 hour I've waited nearly a day when I sent without a reasonable fee (or when someone sent to me without a fee). Well countint that, I am sure people would have waited about a month But that would be your fault, not the network.
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Kazimir
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Activity: 1176
Merit: 1003
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February 13, 2015, 10:49:40 PM |
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In every day practice, I pretty much NEVER wait for confirmations.
I don't care how fast it confirms. I send my payments, and that's it.
Same with receiving. I see an incoming transaction, and from that point I already know 99.9999% sure it's going to be confirmed, whether be it in a few minutes, or maybe in a few hours if the fee was very low or whatever. I don't care, I'll receive the money either way.
For almost ALL practical situations involving Bitcoin payments, the confirmation time actually doesn't matter.
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enryk
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Activity: 168
Merit: 100
GreenCoin
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February 13, 2015, 11:04:25 PM |
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In every day practice, I pretty much NEVER wait for confirmations.
I don't care how fast it confirms. I send my payments, and that's it.
Same with receiving. I see an incoming transaction, and from that point I already know 99.9999% sure it's going to be confirmed, whether be it in a few minutes, or maybe in a few hours if the fee was very low or whatever. I don't care, I'll receive the money either way.
For almost ALL practical situations involving Bitcoin payments, the confirmation time actually doesn't matter.
I have seen threads where people say that confirmation times don't matter, but for some reasons like deposits to service sites/Exchanges/ Gambling sites, the confirmation time do matter. Your deposit only gets confirmed after 2-3 confirmations.
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Kazimir
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Activity: 1176
Merit: 1003
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February 13, 2015, 11:07:59 PM |
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Ok, yes, when depositing bitcoins to an exchange, it matters. How often do you do this, especially in circumstances where you're in a hurry? Maybe panic selling isn't a good idea to begin with.
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redsn0w
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Activity: 1778
Merit: 1042
#Free market
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February 13, 2015, 11:14:23 PM |
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I've waited ~2 hours (very lucky) for receive 1 confirm to my old transaction.
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enryk
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Activity: 168
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GreenCoin
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February 13, 2015, 11:15:16 PM |
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Ok, yes, when depositing bitcoins to an exchange, it matters. How often do you do this, especially in circumstances where you're in a hurry? Maybe panic selling isn't a good idea to begin with.
Actually would be hard to say so . Everytime, I become conscious about the large delay, its usually when depositing to an exchange or a gambling site or a poker site where I need few confirmations. Other times, when I am not in a hurry, I don't bother checking , so it is true it doesn't apply then.
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ivonna
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Activity: 139
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www.secondstrade.com - 190% return Binary option
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February 15, 2015, 02:24:05 AM |
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Currently I have waited 3 hour 7 or 8 days, but I didnt pay a fee, the TX never confirmed I had to doublespend it. If you had to wait that long then the tx should have fallen out of most nodes' mempool well before that time. In the past no fee tx's of mine has fallen out of most nodes' mempool after several blocks (maybe 10-20 or so) that were found after I initially broadcast the tx but did not include my tx in their block. I had to use my own node to manually push it back onto the network and wait a total of ~18 hours for it to eventually confirm
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jacktheking
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Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
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February 15, 2015, 03:28:26 AM |
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Been waiting for weeks for a small 0.0013 transaction.. Not sure if it will ever be confirmed..
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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twister
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February 15, 2015, 03:59:12 AM |
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Recently sent some btc to an exchange and needed it urgently and it got stuck for like 45 minutes, though it seemed more than that and I couldn't understand what the problem was, I had added the fee but it just wouldn't get confirmed. It was really annoying.
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