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Author Topic: Sick of the confirmation time...  (Read 4044 times)
bitllionaire
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March 18, 2015, 11:46:03 PM
 #21

it is something really anoying.... I have always thought it is something that has to have a solution for a good future of the bitcoin

you can use this site to have an alarma when transaction is confirmed http://blockconf.openbitlab.com/

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nsimmons
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March 18, 2015, 11:48:58 PM
 #22

LTC confirms much faster.

"Buy my LTC"

randy8777
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March 19, 2015, 12:11:22 AM
 #23

slow confirmations are annoying but complaining won't help you here.
some times it takes 40 minutes to get 1 confirmation, and some times you get 3 confirmations within 10 minutes.
d0om
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March 19, 2015, 12:12:00 AM
 #24

Bitcoin is slowing down... Sell, sell! 250 and falling... Tongue

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March 19, 2015, 12:24:28 AM
 #25

LTC confirms much faster.

"Buy my LTC"
So what? Bitcoin network is much bigger that LTC so it is understandable that processed transaction per minute are much, much larger in numbers.
The only problem is when you are waiting for confirmation because you need to use your bitcoin already and you can use 'new' coins because they are not confirmed and frozen.


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Klestin
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March 19, 2015, 12:34:48 AM
 #26

LTC confirms much faster.

This is a disturbingly common misconception.  The security afforded by a 2.5 minute average confirmation block is 1/4 that of a 10 minute average confirmation block.
waaat?
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March 19, 2015, 04:54:06 AM
 #27

LTC confirms much faster.

not only that one, actually almost EVERY fuckin' coin out there confirms faster
Kprawn
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March 19, 2015, 05:46:24 AM
 #28

The thing is, if you buy a cup of coffee or a meal you would have to pay before you receive the food, to enable you to leave the shop after the confirmation was received. *joke.

It can result in some strange scenarios happening, if the merchant is full of s#%%&  Grin Grin

It's not a issue, when you use it for online purchases, and you have to wait for shipment etc... but it can become a issue if it goes mainstream and you use it for daily shoping and entertainment.

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March 19, 2015, 06:03:04 AM
 #29

There is no reason to put in a $4.00 miner fee other than a thank you to the miners   Wink

.001 works just fine

coolbeans94
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March 19, 2015, 06:04:12 AM
 #30



Waiting For Bitcoin to confirm, so I can buy more Mintcoin with it which is 30x faster...

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March 19, 2015, 06:32:01 AM
 #31

I think it's already fast enough.

We shouldn't be in a rush  Wink
lyth0s
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March 19, 2015, 06:35:12 AM
 #32

Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol

Guys I hate to say it, but this new user is just trolling you. Bumping a miners fee to $4 wouldn't increase the confirmation time nor would the OP likely do that in the first place. He is most likely another lambchop alt, just ignore him now and be over it Tongue

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safetybitcoin
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March 19, 2015, 07:48:24 AM
 #33

Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol

Are you just trolling here?
A newbie with 2 posts decides he'll complain about the transaction confirmation time, while paying $4 for the transaction fee.
I would just like to remind you that banks' confirmation times are much greater than bitcoin's.

SirChiko
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March 19, 2015, 07:58:44 AM
 #34

Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol
The average block time is set to be on 10 minutes but sadly, sometimes it takes a bit longer and may take up to 40 minutes.
But come on, you have to wait ATLEAST 24 hours in every  bank for an bank transfer and you pay huge fees so wich one is better? Wink
Ask yourself.

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ETFbitcoin
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March 19, 2015, 08:02:08 AM
 #35

Sometimes, miner need more than a hour to mine a block only
It happen sometimes Sad

And, i think waiting for a confirmation is unnecessary as long you put good tx fee Smiley

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March 19, 2015, 08:12:55 AM
 #36

LTC confirms much faster.

not only that one, actually almost EVERY fuckin' coin out there confirms faster
It's cuz it was preset by developer to confirm faster so stop talking about it like it would be bitcoin's faulut and make it look like bitcoin is slowing.
It was like that since the start and it's short enought time so what?
I don't see any big deal here.

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March 19, 2015, 09:01:25 AM
 #37

That's because you're clearly not trying to use Bitcoin for actual commerce and trade, confirmation times are an issue, I understand the reasoning behind it because it's more secure but normal people aren't going to be very happy if they have to wait 10 minutes or more to place an order.
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March 19, 2015, 09:30:54 AM
 #38

I understand the reasoning behind it because it's more secure but normal people aren't going to be very happy if they have to wait 10 minutes or more to place an order.
Wait 10 minutes to place an order? What reasoning is this? Once you have your coins in wallet you can use them. I mean online shops.

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March 19, 2015, 09:38:19 AM
 #39

I understand the reasoning behind it because it's more secure but normal people aren't going to be very happy if they have to wait 10 minutes or more to place an order.
Wait 10 minutes to place an order? What reasoning is this? Once you have your coins in wallet you can use them. I mean online shops.


It's not reasoning, it's what I've observed and I don't know where you've been shopping but other shops tend to use Bitpay and the like where you just send them to an address, sometimes it's incredibly quick but the conifrmation times are pretty random even if they only ask for 1.
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March 19, 2015, 11:06:21 PM
 #40

LTC confirms much faster.

"Buy my LTC"

you're out of luck, I'm not selling LTC

but if I was a merchant selling a coffee, I would prefer 1 LTC, that gets a first confirmation while the coffee is being brewed, over .0082342 or whatever BTC that just propagated to the network

for larger transactions BTC confirmation time is not a problem at all and for small transactions, a good hardware wallet could just support an altcoin

BTC could remain the main store of value for a decade, while altcoins , used for small day to day payments, could rise and fall, without harm to anyone

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