126K unconfirmed transactions right now... - page 2.

frankbitcoin

sr. member

Activity: 1442

Merit: 320

Quote from: Platonicus on November 11, 2017, 03:17:25 PM

P.s Don`t let your self get tricked by this f.ng BCH pump trick. I know emotions are boiling now in many, I get many calls from my friends asking like "wtf I should do, should I sell my btc, what will happen to BCH and so on". IT`s all a big pump.

REMEMBER one golden rule - from big steepy cliff there is only one way down. and it will be painful...

Go outside, take some cigarete, beer, relax, go to sleep and in next 48 hours all will be fine and BTC will continue groth.

and again - Long live the king BTC!

sounds like a solid plan to me. have a pint and wait for this all to blow over Cool

Hanako

sr. member

Activity: 448

Merit: 250

I think it is just a set up? Or just a trick of BitcoinCash? Well i don't think so but we still support the no.1 crypto currency Bitcoin to help and reduce the unconfirmed transactions. I knew it happens many times so we doesn't need to worry

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: Chrystora123 on November 11, 2017, 02:59:00 PM

WOW, I'm surprised, that's a huge amount,
the hardfork issue keeps the holders of Bitcoin selling their coins,
which causes a lot of unconfirmed transactions and the slowly falling Bitcoin price ...

Don't you remember what was happening before the BCH fork. The network was being spammed by transactions and newbies were running around spreading fear that BTC can't handle it and you'll need to switch to BCH Cheesy

After the fork when the price was low and there was no interest the BTC network became much faster. A coincidence? I don't think so.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

This is because large block fans didn't get to take control of Bitcoin after all. Soon they'll calm down and things will get back to normal but not until they've annoyed as many people as possible. I give it till after the weekend.

Then it'll be the same again in a few weeks or days until they die of old age or a bubble of negativity bursts in their brains.

J. Cooper

full member

Activity: 294

Merit: 125

Alea iacta est

Quote from: cellard on November 11, 2017, 02:50:28 PM

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

Roger Ver and his crew are spamming the network as it was predicted by anyone smart. There is an ongoing attack on bitcoin right now, with strong propaganda coming from the Roger Ver big blocker camp which consists on media propaganda while spamming the bitcoin network. Their goal is to trick the market into assuming that the market wanted bigger blocks, to make them think rejecting segwit2x was a mistake, so they will have more support next time. Of course outside the ongoing manipulation, there's no real support for big blocks. They will run out of money, and once this happens, BCash will dump and BTC will continue growing as usual. Get out of BCash while you can.

Exactly this, what's going on right now is clear market manipulation by men who became extremely rich thanks to bitcoin (what a way to thank bitcoin). Ver is a straight up criminal but we saw this coming from a mile away. It seems like we're not quite there yet after all. Ver realizes he will never be able to control bitcoin so he's trying to get people to switch over to his sh*tcoin. Attacking bitcoin is a suicide mission and I hope it will destroy any kind of reputation this guy has left. This will be one of the last major tests for bitcoin to overcome before we can start striving towards mass adoption.

Platonicus

member

Activity: 91

Merit: 10

P.s Don`t let your self get tricked by this f.ng BCH pump trick. I know emotions are boiling now in many, I get many calls from my friends asking like "wtf I should do, should I sell my btc, what will happen to BCH and so on". IT`s all a big pump.

REMEMBER one golden rule - from big steepy cliff there is only one way down. and it will be painful...

Go outside, take some cigarete, beer, relax, go to sleep and in next 48 hours all will be fine and BTC will continue groth.

and again - Long live the king BTC!

frankbitcoin

sr. member

Activity: 1442

Merit: 320

Quote from: cellard on November 11, 2017, 02:50:28 PM

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

Roger Ver and his crew are spamming the network as it was predicted by anyone smart. There is an ongoing attack on bitcoin right now, with strong propaganda coming from the Roger Ver big blocker camp which consists on media propaganda while spamming the bitcoin network. Their goal is to trick the market into assuming that the market wanted bigger blocks, to make them think rejecting segwit2x was a mistake, so they will have more support next time. Of course outside the ongoing manipulation, there's no real support for big blocks. They will run out of money, and once this happens, BCash will dump and BTC will continue growing as usual. Get out of BCash while you can.

excellent point. I was already thinking this was a calculated attack.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: Chrystora123 on November 11, 2017, 02:59:00 PM

WOW, I'm surprised, that's a huge amount,
the hardfork issue keeps the holders of Bitcoin selling their coins,
which causes a lot of unconfirmed transactions and the slowly falling Bitcoin price ...

Hard fork issue? There isn't an issue at all. People bought the market up just for the purpose of having more S2X coins after the chain split, but there is no split at all, so these people are unloading their coins again. It's greed, and that's really it. Unconfirmed transactions right now have to do with a higher overall usage, and a mild spam attack. If miners don't mine empty blocks, which is something that Antpool does on a regular basis, and stop spamming the network in an attempt to make Bitcoin look bad, and of course to boost their fee income, mempools by far wouldn't be as stacked as they are now.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

I will not be making an transaction for the time being why because blockchain.info are now charging a whopping $7 for a regular transaction fee which is way too much in my opinion. What makes the transaction fees even rises so high in the first place.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

WOW, I'm surprised, that's a huge amount,
the hardfork issue keeps the holders of Bitcoin selling their coins,
which causes a lot of unconfirmed transactions and the slowly falling Bitcoin price ...

TRexMcStubyArms

member

Activity: 210

Merit: 10

I feel like I should be helping BTC somehow....I wish this algorithm could still be mined with GPUs Embarrassed

Pretty shitty move on Roger's part

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

Roger Ver and his crew are spamming the network as it was predicted by anyone smart. There is an ongoing attack on bitcoin right now, with strong propaganda coming from the Roger Ver big blocker camp which consists on media propaganda while spamming the bitcoin network. Their goal is to trick the market into assuming that the market wanted bigger blocks, to make them think rejecting segwit2x was a mistake, so they will have more support next time. Of course outside the ongoing manipulation, there's no real support for big blocks. They will run out of money, and once this happens, BCash will dump and BTC will continue growing as usual. Get out of BCash while you can.

Serellyn

newbie

Activity: 54

Merit: 0

Quote from: BingoDog on November 11, 2017, 02:38:27 PM

The number of unconfirmed transactions is huge. And it's rising. I'm waiting for some of my transactions to be confirmed over 24 hours. Could it be this some kind of miners pressure because the fork was cancelled and now they are trying to change this? Maybe I'm paranoic but it seems to me this is not accidental. Like someone wants to prove their point.

There have been past instances of people sending out transactions between addresses owned by themselves to put pressure on the network in the past but this is quite expensive so I don't think that is what is taking place right now. The total fees that they would have to pay to send all those transactions would be astronomical.

Quote from: frankbitcoin on November 11, 2017, 02:40:07 PM

Quote from: Serellyn on November 11, 2017, 02:39:31 PM

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

The network will soon start to reject some of the older transactions and the transactions with the higher fees will get confirmed, the situation will fix itself soon. When there are thousands of backlogged transactions, the average transaction fee goes up which gives miners an incentive to keep mining, I'm certain that the miners will continue to mine. If they stop for some reason, i guess that the network will reject the transactions and the coins would be returned to the wallet that they're being sent from.

ohh, thank you. I didn't know that, thanks for shedding some light on it

no problem

frankbitcoin

sr. member

Activity: 1442

Merit: 320

Quote from: Serellyn on November 11, 2017, 02:39:31 PM

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

The network will soon start to reject some of the older transactions and the transactions with the higher fees will get confirmed, the situation will fix itself soon. When there are thousands of backlogged transactions, the average transaction fee goes up which gives miners an incentive to keep mining, I'm certain that the miners will continue to mine. If they stop for some reason, i guess that the network will reject the transactions and the coins would be returned to the wallet that they're being sent from.

ohh, thank you. I didn't know that, thanks for shedding some light on it

Serellyn

newbie

Activity: 54

Merit: 0

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

The network will soon start to reject some of the older transactions and the transactions with the higher fees will get confirmed, the situation will fix itself soon. When there are thousands of backlogged transactions, the average transaction fee goes up which gives miners an incentive to keep mining, I'm certain that the miners will continue to mine. If they stop for some reason, i guess that the network will reject the transactions and the coins would be returned to the wallet that they're being sent from.

BingoDog

hero member

Activity: 658

Merit: 505

The number of unconfirmed transactions is huge. And it's rising. I'm waiting for some of my transactions to be confirmed over 24 hours. Could it be this some kind of miners pressure because the fork was cancelled and now they are trying to change this? Maybe I'm paranoic but it seems to me this is not accidental. Like someone wants to prove their point.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: frankbitcoin on November 11, 2017, 02:28:36 PM

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

I think this is the kind of scenario that everyone here should be resolving. Like create projects on how to address this. Not creating so much free eth tokens or altcoins that has no reason to exist at all. If some entity can dedicate on how solve at least 50% of this, that would be nice.

frankbitcoin

sr. member

Activity: 1442

Merit: 320

https://blockchain.info/unconfirmed-transactions

126K unconfirmed transactions and climbing. Huh

What happens if it goes to 200k? 500k? what if the miners dip out and no transactions can even be confirmed? Undecided

Topic: 126K unconfirmed transactions right now... - page 2. (Read 1112 times)