Pages:
Author

Topic: 220k unconfirmed transactions - page 3. (Read 1713 times)

newbie
Activity: 16
Merit: 0
December 08, 2017, 05:18:10 PM
#50
I need help with stuck transaction. I got stuck transaction, it is really weird that i can see it on block explorer but i can't see it on blockchain
Here is my transaction id:
6792d28f7dd0c212ef450c5e35920101b9c5903ed5f7bf828ca86afa2b9f9e4e
You can see it here:
https://blockexplorer.com/tx/6792d28f7dd0c212ef450c5e35920101b9c5903ed5f7bf828ca86afa2b9f9e4e
How can i solve this problem?
hero member
Activity: 3080
Merit: 603
December 08, 2017, 05:12:02 PM
#49
I know of a guy (seriously, not speaking in third person) who transferred U$1,000 three days ago and paid the express fee of U$92.14. The transaction has yet to be confirmed. Again, I'm not the sender or sendee, just a dude privy to this particular transaction.
I'm not even going to pay $42 for an express since I tried to send before but with this $92.14 fee? That's totally high and still not yet confirmed? Bitcoin reaches new ATH for its price and it also reaches new ATH for it's unconfirmed transaction. By checking the unconfirmed transaction now it has been down to 205k so there is still hope those 15k unconfirmed was settled I hope it will goes well as soon as possible.
newbie
Activity: 41
Merit: 0
December 08, 2017, 05:10:34 PM
#48
That s why I hold mostly alts. Transacting Bitcoin s going be very expensive in the future and small crypto users will have to turn to alts.
vip
Activity: 1428
Merit: 1145
December 08, 2017, 05:07:07 PM
#47
Thousands of transactions are need to be processed every day and with the current situation of bitcoin demand I won't be surprise if theres thousand uncofirm transaction. Developers will need to go about this issue but as for now we really have to be patience or pay transaction fees that really sucks otherwise you cannot transact anything

https://blockchain.info/blocks


I thought the block size was increased to at least 2kB.

Furthermore, who is "Unknown" relaying all them recent blocks? Did the NSA fire up their new Quantum Puter in Utah?
full member
Activity: 896
Merit: 108
December 08, 2017, 05:03:48 PM
#46
I have not done any transactions after knowing from my friends that many have complained about the very long confirmation process. if you want a quick transaction is confirmed then it should use more fee. this is the effect of high bitcoin prices.
full member
Activity: 518
Merit: 100
December 08, 2017, 04:59:08 PM
#45
Hello! Yes! What a awful situation! Hope soon it will be cheaper, fast and without trouble! Smiley Wink
full member
Activity: 238
Merit: 108
December 08, 2017, 04:58:54 PM
#44
Thousands of transactions are need to be processed every day and with the current situation of bitcoin demand I won't be surprise if theres thousand uncofirm transaction. Developers will need to go about this issue but as for now we really have to be patience or pay transaction fees that really sucks otherwise you cannot transact anything
vip
Activity: 1428
Merit: 1145
December 08, 2017, 04:56:31 PM
#43
I know of a guy (seriously, not speaking in third person) who transferred U$1,000 three days ago and paid the express fee of U$92.14. The transaction has yet to be confirmed. Again, I'm not the sender or sendee, just a dude privy to this particular transaction.
sr. member
Activity: 672
Merit: 251
December 08, 2017, 04:49:45 PM
#42
You probably should now use TX booster for this to go faster. There is something here in this forum, try to go at Services. But wow, that's a lot of transaction though. And that fee is high. Miners this day, tsk tsk.
sr. member
Activity: 756
Merit: 253
December 08, 2017, 04:47:47 PM
#41
I also read that article.And it's true that there's now 220k+ unconfirmed transaction are pending.I read in a another article that it's happening because of #cryptokitties.
I think we should just wait to bring things back to normal

I think you can check from block cypher and many other platforms  for yourself without reading articles about them. It could be due to a lot of factors  such as  the flooding of the network by a lot of newbies or people trying to play smart trading due to the recent margin of growth and thereby loading the network with a lot of buying and selling.
vip
Activity: 1428
Merit: 1145
December 08, 2017, 03:20:38 PM
#40
GOOD NEWS! All unconfirmed bitcoin transactions have been moved to the PitchCoin network where it's believe they'll all be confirmed at a much faster pace:


Testimonials:


"Thank you, Sweet Jesus, thank you!"
full member
Activity: 353
Merit: 101
December 08, 2017, 02:28:44 PM
#39
I also read that article.And it's true that there's now 220k+ unconfirmed transaction are pending.I read in a another article that it's happening because of #cryptokitties.
I think we should just wait to bring things back to normal

No that can't be correct, cryptokitties is only clogging up the ethereum network and has nothing to do with bitcoins slow transaction times. But back to the topic discussed, i think this is due to the massive influx of newbies buying bitcoin but most newbies don't mine just buy so we have a massive increase in new users and relatively the same amount of miners trying to process everything. Welcome to the wild west!
member
Activity: 223
Merit: 10
December 08, 2017, 02:26:05 PM
#38
I also read that article.And it's true that there's now 220k+ unconfirmed transaction are pending.I read in a another article that it's happening because of #cryptokitties.
I think we should just wait to bring things back to normal
legendary
Activity: 1862
Merit: 1004
December 08, 2017, 02:24:47 PM
#37
Although I acknowledge that large fees+long confirmation times are kinda troublesome and discouraging,
at the same time, you need to realize that during bitcoin's price race it will be normal that we will see extensive congestion of the network.
Incredible price of BTC isn't it enough to make up for this issue with a slow transaction confirmation?
We can't have p2p transfers and on-chain transactions which will be instant, cheap and accessible for everyone.
full member
Activity: 476
Merit: 124
December 08, 2017, 02:15:37 PM
#36
I have experienced the same scenario when transferring my btc from an exchange to my wallet. It has been more than 48 hours since the transaction and it is still unconfirmed. The network is so congested right now and I hope that it goes back to normal within the weekend.
legendary
Activity: 2044
Merit: 1008
December 08, 2017, 01:55:30 PM
#35
You need to pay like 15-20$ fees to get your btc under 2hours. You should convert it to ether it's still cheap and you get them under 12 min.

The problem is that the Ether prices are not very stable. It can go down by 5% or 10% in a matter of few hours. If your overall amount is small, then you can convert your BTC to ETH and then do the transaction. But if the amount is high, then it is better to pay the necessary tx fee.
full member
Activity: 546
Merit: 105
December 08, 2017, 01:55:21 PM
#34
Problems not only with the network bitcoin. The ethereum is also very heavily loaded, and many transactions do not pass. I have already encountered this problem, I wait until the situation is adjusted. I cant transfer my tokens into another wallet.
full member
Activity: 350
Merit: 100
December 08, 2017, 01:51:44 PM
#33
Currently there is a congestion in Bitcoin transaction processing speed is just not fast enough to cope with the massive transaction volume. This could be a result of have demand in bitcoin the best one can do now is to increase your fee or just wait. Before Bitcoin can solve its scaling issue, with no much time everything will become normal.
member
Activity: 308
Merit: 10
December 08, 2017, 01:40:05 PM
#32
Hopefully lighting network will be completed soon since onchain scaling seems impossible. Also transaction fees are skyrocketing...

In some way Bitcoin price is not affected by this issues ( I guess people are seeing BTC more as a store of value than a way of payment)
vip
Activity: 1428
Merit: 1145
December 08, 2017, 01:36:20 PM
#31
No.

Confirmations have NEVER been "almost instant".  On average, transactions with a high enough transaction fee take 10 minutes.  Confirmations that don't have a high enough transaction fee to get into the next block need to wait until a later block.  This is how bitcoin has ALWAYS worked.

Bitcoin is known for irreversible transactions.
Bitcoin is known for permission-less access.
Bitcoin is known for trustless peer-to-peer transactions.
Bitcoin is known for being decentralized.
Bitcoin is known for being secure.
Bitcoin is known for "almost instant" UNCONFIRMED transactions.
Bitcoin is NOW known for the recent demand in replacement F5 buttons.
Pages:
Jump to: