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Topic: 134k unconfirmed transactions now. I'm starting to get really worried about this - page 4. (Read 5960 times)

member
Activity: 98
Merit: 10
STOCKBET TOKEN SALE OCT 29 - USABLE SOFTWARE TODAY
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.
full member
Activity: 196
Merit: 100
Why has this not been resolved yet?

On sunday there were talks of the bch difficulty going up which would turn the miners back to btc but i'm still seeing over 100k unconfirmed and high fee's all around. 4 days with this issue so far.

Is it ever going to improve?

Because Bitcoin is still under attack this isn't over, the upside is that every time they try and fail they get weaker.
legendary
Activity: 1932
Merit: 1273
Yeah, we should be very concerned about that, So I wouldn't call it just a pump because there is major disagreement to which is the real bitcoin. The miners will decide its simple. no matter what is happening there is great manipulation and its done right and perfectly.

Miners aren't qualified to decide. All they should do is mine. They don't have the vision or the intelligence to make decisions for everyone else.


In my opinion, Bitcoin is so flawed since BCH was created. It allows the miners to flip flop between coins at any time, so it's the miners that set the pump and dumps.
member
Activity: 101
Merit: 10

Lightning network is patented bankster invention, and will be the end of decentralization.

Do you get a commission every time you post your wonderful link?

Do you have something to say on the topic, or are you all in on ad hominem?
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Yeah, we should be very concerned about that, So I wouldn't call it just a pump because there is major disagreement to which is the real bitcoin. The miners will decide its simple. no matter what is happening there is great manipulation and its done right and perfectly.

Miners aren't qualified to decide. All they should do is mine. They don't have the vision or the intelligence to make decisions for everyone else.


Lightning network is patented bankster invention, and will be the end of decentralization.

Do you get a commission every time you post your wonderful link?
member
Activity: 126
Merit: 12
~110k or so and slowly creeping the wrong way, upwards Sad

Those downspikes on the chart are total BS, there was never a drop below 100k.

https://blockchain.info/charts/mempool-count?timespan=24h
newbie
Activity: 56
Merit: 0
Anyone have the latest count on unconfirmed transactions?
member
Activity: 101
Merit: 10
The high fees are doing my nut in as well, thing is i don't think all those were spam... The thing is, the network simply cannot handle the volume of transactions in its current state. Simply increasing the blocksize is a bandaid if bitcoin is to become large, where blocks would end up being several gigabytes if it was anywhere like the volume of visa/mastercard.

NEM and the lightning network do offer solutions to this problem, to a degree.

Lightning network is patented bankster invention, and will be the end of decentralization.

"The simplest option would have been to raise the block size cap from 1 MB that Satoshi Nakamoto originally added as a temporary measure to prevent spam transactions. However the company BlockStream, backed by insurance giant AXA[ref] which now has the majority of developers controlling the Core repository did not want that. They wanted to stifle on-chain capacity so they could force users and transactions into using their patented side chain called Lightning Network[ref]. Not to mention that the Lightning Network will abandon the original Bitcoin vision for a fully decentralised payment system[ref] and move to a system which is more like regular banks which can be controlled, regulated and censored[ref]. This is a disgusting hostile corporate takeover attempt of Bitcoin and the goal is to kill it off as a decentralised currency."

https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/
sr. member
Activity: 364
Merit: 250
The high fees are doing my nut in as well, thing is i don't think all those were spam... The thing is, the network simply cannot handle the volume of transactions in its current state. Simply increasing the blocksize is a bandaid if bitcoin is to become large, where blocks would end up being several gigabytes if it was anywhere like the volume of visa/mastercard.

NEM and the lightning network do offer solutions to this problem, to a degree.
member
Activity: 126
Merit: 12
Why has this not been resolved yet?

On sunday there were talks of the bch difficulty going up which would turn the miners back to btc but i'm still seeing over 100k unconfirmed and high fee's all around. 4 days with this issue so far.

Is it ever going to improve?
full member
Activity: 336
Merit: 100
124k at the moment. It has gotten a little better, at least. The BCH fad is starting to die down so I expect that things will get back to normal soon. For now, I will avoid moving BTC.

Fault lies with Core Devs.

Core Devs Lied and say segwit fix everything

Stupid people that pay $20 to send core btc coin when every other coin faster and cheaper, Do they think it fixxed?    Tongue

My understanding is that segwit hasn't fully had a chance to prove itself yet. There are only about 7% segwit transactions. As that increases, the network will speed up. So it is too early to measure segwit success.
member
Activity: 392
Merit: 39
That`s the reason why BTC is old and non-mass technology and it need SegWit2x. Will wait for May 2018.

what happens May'18? I was not aware that any dates were set for anything, thought that 2x was on hold undefinitely
member
Activity: 266
Merit: 20
124k at the moment. It has gotten a little better, at least. The BCH fad is starting to die down so I expect that things will get back to normal soon. For now, I will avoid moving BTC.

Fault lies with Core Devs.

Core Devs Lied and say segwit fix everything

Stupid people that pay $20 to send core btc coin when every other coin faster and cheaper, Do they think it fixxed?    Tongue
member
Activity: 126
Merit: 12
They finally confirmed my 290 sat/byte transaction from friday. Only took forever and now they asking again for the same 4.5/13$ fees (normal/priority). If the network ever gets back to normal I will be using again. At the current fees and wait times, no thanks.
sr. member
Activity: 254
Merit: 250
124k at the moment. It has gotten a little better, at least. The BCH fad is starting to die down so I expect that things will get back to normal soon. For now, I will avoid moving BTC.
member
Activity: 392
Merit: 39
It isn't bad yet. I am concerned most of all by the commissions. Recently, I for one transaction have given $7. Is it normal? Bitcoin stops being a cryptocurrency standard

Seven? It was chip! Average transaction fee is 19.2 USD at present (!!!). Average.
full member
Activity: 364
Merit: 100
That`s the reason why BTC is old and non-mass technology and it need SegWit2x. Will wait for May 2018.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
The same old fud, spam the network and then claiming that bch is the true bitcoin and better as digital currency compared to bitcoin itself. The people who don't know will switch to bch. This won't stop because people keep panicking everytime this happen and they can pump bch with this.
full member
Activity: 308
Merit: 100
BIG AIRDROP: t.me/otppaychat

It's because people now are into bitcoin. It will take weeks or even months to confirm that kind of transactions.
sr. member
Activity: 700
Merit: 251

yeah man this is not good unconfirmed transactions are again piling up my transaction made on 10th november is not yet cofirmed . but i think all this problems are happening because of bitcoin cash coming up as a competitor and all the FUD created in the market about bitcoin core and huge pump of bitcoin cash..
hope to see things going stable in few days .
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