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Topic: 134k unconfirmed transactions now. I'm starting to get really worried about this (Read 5957 times)

member
Activity: 392
Merit: 39
I made a small transaction the other day. It was confirmed in about 10 minutes. No problems. I'm taking this as a good sign.

Maybe. But there are 70k+ transactions now, 90k+ transactions yesterday, and Bitcoin network evidently cannot handle the demand. I am waiting the 3rd day for my TX to confirm! So the proponents of 2X have been right. Bitcoin is heading to a disastrous waterfall and happy that the water got calm (2x has been cancelled).
full member
Activity: 336
Merit: 100
I made a small transaction the other day. It was confirmed in about 10 minutes. No problems. I'm taking this as a good sign.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I don't understand what these unconfirmed transaction actually imply.
That the value of BTC is (artificially) lower than in reality?
Or on the contrary, that BCH value will again increase after the transaction are confirmed?
  Huh

None of the above.
It just means there are more transaction that the blockchain can process at the moment.
The price is just speculation.

Bitcoin has gone through the darkest hours and things are slowly coming back
All those transactions are going to be confirmed when the miners realize their mistakes and get back to mining bitcoin once again instead of BCH.

Most of them won't because have such a low fee they will never be processed.
And miners are already back mining the blockchain but the increase in speed won't be that enormous.
I think we wills till hover between 30k and 60k for at least a week.
And of course it depends if somebody is willing to burn another 100 bitcoins to spam the chain .

member
Activity: 112
Merit: 16
No reason to worry right now. The number has decreased to 40Ks as of now, and it's continuing to fall. So hopefully it was a temporary situation.
full member
Activity: 350
Merit: 100
I'm worrying about that because this is not a normal situation but actually 4 days? I have .001 that need to confirm 5 days before it confirm do i dont know if it happens again but its okay for me now because the transction in mine is now okay.
member
Activity: 392
Merit: 39
I sent a transaction this afternoon with the fee recommended by https://bitcoinfees.earn.com/ and had confirmation within 20 minutes. People complaining about stuck transactions are not using high enough fees. Some wallets like blockchain.info set fees too low, you need to override and use a higher fee. The memory pool is getting better transactions in the queue are under 95,000 and slowly going down.

Dude, are you saying that the fee is reasonable? One of my friends paid $20 for a single transaction yesterday, and his transaction got confirmed after 6 hours. And look at the number of unconfirmed transactions right now. It is still around 100K. And this is after a considerable reduction in the number of transactions during the past few days, due to the high fees.

true, I am refraining from broadcasting my transactions too. But the situation doesn't improve with time, unfortunately.
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
I sent a transaction this afternoon with the fee recommended by https://bitcoinfees.earn.com/ and had confirmation within 20 minutes. People complaining about stuck transactions are not using high enough fees. Some wallets like blockchain.info set fees too low, you need to override and use a higher fee. The memory pool is getting better transactions in the queue are under 95,000 and slowly going down.

Dude, are you saying that the fee is reasonable? One of my friends paid $20 for a single transaction yesterday, and his transaction got confirmed after 6 hours. And look at the number of unconfirmed transactions right now. It is still around 100K. And this is after a considerable reduction in the number of transactions during the past few days, due to the high fees.
hero member
Activity: 658
Merit: 505
This issue with unconfirmed transactions is getting solved. Two days ago it was a big problem but I think that miners had some kind of protest because of the cancelled fork and bitcoin cash issue so they were demanding high fees and the whole network was actually stuck. But anyway it's always good to control the fees you are using for the transactions and it's true that sometimes they are not cheap but there is always a price that you have to pay for some service to be done. Bitcoin transactions are not the exception.
member
Activity: 78
Merit: 10
I don't understand what these unconfirmed transaction actually imply.
That the value of BTC is (artificially) lower than in reality?
Or on the contrary, that BCH value will again increase after the transaction are confirmed?
  Huh

Just means that the transaction has been started but because computer power is lower (gone over to mining BCH) it is taking longer for the transactions to get in a block and join the chain.   Once it is on the chain, it is considered permanent and you can't do anything about it - it is confirmed -   It is considered that 6 confirmations (6 added blocks after your transaction has been added) means that no group could undo the chain and is safe for big $ transfers.
newbie
Activity: 3
Merit: 0
now it's less than 95k what changed so quickly?
newbie
Activity: 1
Merit: 0
My 4 transactions Stuck for the last 5 days and 0 conformation , is there any way i can add more Fess and make them confirm
newbie
Activity: 12
Merit: 0
I don't understand what these unconfirmed transaction actually imply.
That the value of BTC is (artificially) lower than in reality?
Or on the contrary, that BCH value will again increase after the transaction are confirmed?
  Huh
legendary
Activity: 1806
Merit: 1164
I sent a transaction this afternoon with the fee recommended by https://bitcoinfees.earn.com/ and had confirmation within 20 minutes. People complaining about stuck transactions are not using high enough fees. Some wallets like blockchain.info set fees too low, you need to override and use a higher fee. The memory pool is getting better transactions in the queue are under 95,000 and slowly going down.
sr. member
Activity: 1078
Merit: 270

They do this on purpose, intentionally. They try to show the vulnerability of bitcoin to make BCC strong.

People won't get fooled because of jihan wu's manipulative actions. Once again, we won't get fooled into your BCC garbage.

The community will maintain strong even in the bad days and bitcoin will born from its ashed like a phoenix!

I guess you're right. these few days bitcoin transactions are so slow. yes i think the same with you, this is deliberate to increase bcc.
newbie
Activity: 3
Merit: 0
full member
Activity: 121
Merit: 100
This is a huge problem.... still have my transactions unconfirmed since 2 days..
legendary
Activity: 1163
Merit: 1005
I'm very annoyed lately because my Bitcoin transactions are not successful, there is a transaction in blockchain swells. is this a game?. but I am very grateful for the wallet blockchain support Ethereum so I can make a transaction by swapping my Bitcoin to Ethereum.
sr. member
Activity: 868
Merit: 266
Bitcoin has gone through the darkest hours and things are slowly coming back
All those transactions are going to be confirmed when the miners realize their mistakes and get back to mining bitcoin once again instead of BCH.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
This unconfirmed transactions has added a value of more than 70 millions worth of bitcoin. Even in the past when price dump and pump takes place such an increased transactions can be seen on the network. This slowly gets decreased little by little and by this time transaction accelerators play a major role.
newbie
Activity: 55
Merit: 0
Bitcoin has gone through the darkest hours and things are slowly coming back
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