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Topic: Anyone Else Noticing This - page 2. (Read 2911 times)

hero member
Activity: 784
Merit: 1000
December 16, 2014, 08:29:03 AM
#17
I haven't had any problems at all.  Is this just everyday normal transactions, is it from a certain website/faucet or anything like that.  My guess its not the blockchain that is being slow, its either the website processing the payment slow or something along those lines.
Q7
sr. member
Activity: 448
Merit: 250
December 16, 2014, 08:25:47 AM
#16
Looks to me like in your case, it was due to the fees issue where instead of the standard 10000 satoshi, it was only 1000. I did try once sending without a fee for a very small transaction and it got through eventually and that was almost like after half a day.
hero member
Activity: 630
Merit: 500
December 16, 2014, 03:56:50 AM
#15
Last block was confirmed 59 minutes ago.  Is this related to OPs observation?
Probably. There were some big 'lags' like this in past days. Bad luck...
334486 (Main Chain)   2014-12-15 22:03:07
334487 (Main Chain)   2014-12-15 23:44:08
.
334489 (Main Chain)   2014-12-16 00:03:50
334490 (Main Chain)   2014-12-16 00:55:50

And there is the fact that OP is using a less then recommended fee (0.00001 btc), and a nonconfirmed input in his tx...
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
December 16, 2014, 03:18:16 AM
#14
Last block was confirmed 59 minutes ago.  Is this related to OPs observation?
legendary
Activity: 1106
Merit: 1000
December 16, 2014, 03:02:30 AM
#13
it is really desperating, I think this is a problem that needs to be solved urgently, I can't understand why I have to wait more than an hour (at least) to have my bitcoins ready to use

This is not an urgent problem as such. The network is very secure so that more and more merchants and exchanges will be taking 0 confirmation or 1 confirmation transactions.
hero member
Activity: 672
Merit: 502
December 15, 2014, 10:44:48 PM
#12
seems you didn't pay a fee and your sending address has unconfirmed tx in it aswell.

it'll probably confirm eventually, but don't hold your breath...

This might be the issue. I haven't made too many transaction in past week, only 2 actually with 20k Sat fee and they got confirmed very fast, with 1st confirm under 15 min.
full member
Activity: 168
Merit: 100
www.secondstrade.com - 190% return Binary option
December 15, 2014, 10:38:14 PM
#11
Anyone else noticing transactions getting processed a lot slower than usual? I have been noticing it getting progressively worse over the past 2 weeks. Is this a problem because the last difficulty retarget actually decreased? what could be causing these long transaction confirmations? I mean seriously 3 hours not 1 confirmation, this is not right. And the source is a trusted source they send me coins all the time.

It is definitely slow the past few days.
My transactions have not confirmed on mnay occasions for almost 40 minutes(the first 2 transactions). And its happening very often.
Doesn't happen all day through but more towards a time in the evening EST.
hero member
Activity: 854
Merit: 1000
December 15, 2014, 10:03:08 PM
#10
it is really desperating, I think this is a problem that needs to be solved urgently, I can't understand why I have to wait more than an hour (at least) to have my bitcoins ready to use
legendary
Activity: 2170
Merit: 1427
December 15, 2014, 08:37:39 PM
#9
Thats funny I have a couple transactions waaaaaaaayyy longer than 10 minutes

Block Generation Time(?):    
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours

https://blockchain.info/tx-index/f08035d71de82d65ecdeee9d61a8bead3d01abf566dcdd942518dfeb4a51c714 (this one is well over an hour)
https://blockchain.info/tx-index/b2f79c3b96ef54facb8290a58b0a1115663a3b0dcbe99cb504654cfb15734528  (this one is well over 30 minutes)

0 confirmations

I also noticed in the wallet it came form nothing is getting farther confirmations either. the most recent confirmed transaction in teh wallet has been at 7 confirmations for over 2 hours now.

Don't rely too much on the 10 minute block time.

Some times it can take more than 60 minutes for a block to be found.
hero member
Activity: 532
Merit: 500
December 15, 2014, 08:24:53 PM
#8
It is because the difficulty is decreasing while there has been a record number of transactions recently. This results in less supply of block space (as blocks are being found somewhat less often) and more demand for block space (higher transaction volume). This will result in the overall time to confirm transactions (measured in terms of number of blocks found since a TX was pushed to the network) to increase and the average TX fee required to get a transaction to confirm quickly to increase as well
hero member
Activity: 1008
Merit: 502
December 15, 2014, 08:02:51 PM
#7
seems you didn't pay a fee and your sending address has unconfirmed tx in it aswell.

it'll probably confirm eventually, but don't hold your breath...

Ahh i did not see the unconfirmed incoming transaction thank you that explains it now. Thats why i am waiting I dont like to send coins if I have unconfirmed incoming transactions Smiley

I only see one incoming transaction it has 26 confirmations? you see another one that has not been confirmed?

https://blockchain.info/tx/26950c5a316fd6be2e18bc47ebc898d2bf2ea154f954d0c2f9fe8d3370cae466

even without that transaction the wallet still has over 3 BTC in there so it should be ok I would think.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 15, 2014, 08:00:50 PM
#6
seems you didn't pay a fee and your sending address has unconfirmed tx in it aswell.

it'll probably confirm eventually, but don't hold your breath...
hero member
Activity: 1008
Merit: 502
December 15, 2014, 07:59:19 PM
#5
Thats funny I have a transaction over 3 hour old not 1 confirmation.

https://blockchain.info/tx-index/f08035d71de82d65ecdeee9d61a8bead3d01abf566dcdd942518dfeb4a51c714
There could be couple reasons, for example too low transaction fee or bad luck

I had to edit I think it may have been less than 3 hours, the time on Blockchain is not in the same zone as my wallet so Im not sure, my wallet is showing 3 hours blockchain is showing a little over an hour

Oh luck again, everything is about luck in bitcoins, LUCK IS BULLSHIT.

It seems the only thing certain in Bitcoin is there will always be theives, liars, scammers and hackers and just unethical people making more BTC than the ones trying to do this ethically and honestly.
legendary
Activity: 2296
Merit: 1014
December 15, 2014, 07:54:32 PM
#4
Thats funny I have a transaction over 3 hour old not 1 confirmation.

https://blockchain.info/tx-index/f08035d71de82d65ecdeee9d61a8bead3d01abf566dcdd942518dfeb4a51c714
There could be couple reasons, for example too low transaction fee or bad luck
legendary
Activity: 1512
Merit: 1012
December 15, 2014, 07:24:59 PM
#3
no problem here : https://bitcoinwisdom.com/bitcoin/difficulty

Block Generation Time(?):    
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 15, 2014, 07:12:26 PM
#2
I got a payment about ~5 hours ago, after instantly seeing the TX appear on the blockchain, it now has 27 confirmations, i just love transacting in bitcoin its so easy and fast.
hero member
Activity: 1008
Merit: 502
December 15, 2014, 06:53:01 PM
#1
Anyone else noticing transactions getting processed a lot slower than usual? I have been noticing it getting progressively worse over the past 2 weeks. Is this a problem because the last difficulty retarget actually decreased? what could be causing these long transaction confirmations? I mean seriously 3 hours not 1 confirmation, this is not right. And the source is a trusted source they send me coins all the time.
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