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Topic: 65214 Unconfirmed Transactions - page 3. (Read 1948 times)

newbie
Activity: 42
Merit: 0
February 03, 2017, 04:46:46 PM
#12
People Forgot That The Idea Of Bitcoin Is P2P Transferring, we need to run nodes in our home to support the bitcoin network, there’s how we can do it:
http://www.buywithbitcoin.info/why-so-many-unconfirmed-transactions
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
February 03, 2017, 04:22:34 PM
#11
Bitcoin is heading towards Centralization that way. Kinda looks like miners now control the network. We now have to "bribe" Miners with high attractive Transactions fees to get our transactions confirmed? full bullshit. The idea of increasing fees to get confirmed is a crab.


If it continues this way, Miners will crumble the Bitcoin network by not confirming Transactions over people's unwillingness to use higher fees.
I hate to break it to you, but miners have always controlled the network... That's bitcoin by design.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
February 03, 2017, 04:21:10 PM
#10


~Snipped~
..... make sure you are using maximum fee if you want fast confirmations.


Bitcoin is heading towards Centralization that way. Kinda looks like miners now control the network. We now have to "bribe" Miners with high attractive Transactions fees to get our transactions confirmed? full bullshit. The idea of increasing fees to get confirmed is a crab.


If it continues this way, Miners will crumble the Bitcoin network by not confirming Transactions over people's unwillingness to use higher fees.

hero member
Activity: 924
Merit: 506
February 03, 2017, 04:17:01 PM
#9
Yep m*rons get up your a*ses and run a BU node so they can take over with less hostile approach!!! there are now only 50k unconfirmed transactions, I had one my self and it only took less than an hour and got first confirmation soon after I used viabtc accelerator.
legendary
Activity: 1596
Merit: 1026
February 03, 2017, 03:46:21 PM
#8
Don't think I've ever seen this many unconfirmed transactions before (I do have an awful memory though, long story).
This must be another spam attack to have over 60,000 unconfirmed transactions though, no?
No.  In case you've been living under a rock, it is not due to spam but rather due to Blockstream intentionally crippling the system so there will be a need for their 'solution'.  It is nothing less than a hostile takeover of the protocol.

It is a very bad approach to sit back and do nothing.  So get off your ass and do something.  At least go start a BU node.  It is not that hard.  Can anyone give a link to simplified instructions how to set up a BU node for the morons?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
February 03, 2017, 03:44:11 PM
#7
Don't think I've ever seen this many unconfirmed transactions before (I do have an awful memory though, long story).
This must be another spam attack to have over 60,000 unconfirmed transactions though, no?
legendary
Activity: 1596
Merit: 1026
February 03, 2017, 03:36:14 PM
#6
There are currently 65214 Unconfirmed Transactions on the Bitcoin network at time of posting.

If we go to 2MB this backlog will be cleared in a very short time.  Then, block sizes will relax back down to 1.1ish for a very long time.  This will give SegWit more time to cleanly and carefully join the protocol in a non controversial manner.  
hero member
Activity: 812
Merit: 510
February 03, 2017, 03:35:55 PM
#5
There are currently 65214 Unconfirmed Transactions on the Bitcoin network at time of posting.

What does that imply? Is this good? I have a transaction of 0.01 BTC that has been stuck for almost 24 hours despite a fee of $0.13. What has to change?
I have done numerous transactions around this range of a send if not $20 or more each one with the same fee of 0.0001339btc.
It took them all over 7 hours to clear the chain and confirm but they all did eventually.
legendary
Activity: 910
Merit: 1000
February 03, 2017, 03:30:24 PM
#4
64270 when I just looked but you're right, it isn't good. Far from it, it isn't good at all. I've never had to wait over 24 hours before but had to wait around 6 hours fairly recently sending 1.5 bitcoin's with a 0.003 bitcoin fee.

I'm under the impression that this happens too often recently. In the past it wasn't that for this kind of fee having to wait for hours was the norm. It were more like 30 minutes or so to wait for 1-2 confirmations, or am I wrong? I hope this will be addressed soon.

This is happening too often recently because there is an increase in transactions and people are not careful to send with the recommended fees. The recommended fees change day to day. To know what the recommended fee is there is this website here https://bitcoinfees.21.co/

As you can see the current fastest and cheapest fee is 140 satoshi per byte. Check with your wallets, the ones which allow dynamic fee, enable them and make sure you are using maximum fee if you want fast confirmations.
hero member
Activity: 798
Merit: 500
February 03, 2017, 03:19:57 PM
#3
64270 when I just looked but you're right, it isn't good. Far from it, it isn't good at all. I've never had to wait over 24 hours before but had to wait around 6 hours fairly recently sending 1.5 bitcoin's with a 0.003 bitcoin fee.

I'm under the impression that this happens too often recently. In the past it wasn't that for this kind of fee having to wait for hours was the norm. It were more like 30 minutes or so to wait for 1-2 confirmations, or am I wrong? I hope this will be addressed soon.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
February 03, 2017, 03:13:02 PM
#2
64270 when I just looked but you're right, it isn't good. Far from it, it isn't good at all. I've never had to wait over 24 hours before but had to wait around 6 hours fairly recently sending 1.5 bitcoin's with a 0.003 bitcoin fee.
hero member
Activity: 798
Merit: 500
February 03, 2017, 03:06:11 PM
#1
There are currently 65214 Unconfirmed Transactions on the Bitcoin network at time of posting.

What does that imply? Is this good? I have a transaction of 0.01 BTC that has been stuck for almost 24 hours despite a high fee. Do we have too many unconfirmed transactions on the network?
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