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Topic: Bitcoin will die soon if happen with every Bitcoin users? - page 2. (Read 2876 times)

legendary
Activity: 2814
Merit: 2472
https://JetCash.com
Quote
Some blocks are coming in half empty, it will get in eventually.
We really do need those 8MB blocks.

Does anyone else see the contradiction in this post?
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Yesterday I sent some Bitcoin though the amount of Bitcoin is small but the transaction is still pending. If Bitcoin transaction time issue not solved than Bitcoin will die soon. Who would like to use Bitcoin if transaction not confirmed even within a day?

Here is TX link https://blockchain.info/tx/7a531e7990e02dd498d74d8a5c25a536d8b307ab20b31298b23aa44831924d5d

You are Hero Member and you dont know the reason of this delay, as the price of bitcoin rise the transaction fees is also getting high so according to it you have to pay the fees then only it will get confirmed very soon. If you pay low then wait for more time to clear it.

Do not let the user rank fool you into believing that one person knows more about Bitcoin than another. A lot of accounts are bought by people

to participate it signature campaigns to get higher income. { I am not saying this is the case with OP, but in some cases this is true } Some

of these users can easily be identified, when the post style change.  Roll Eyes
I did not bought this account from anyone and I created this account myself and  handling my own account from day 1 when it was created by me. This is my one and only account on this forum.
They do have some point because we cant really believe a Hero member doesnt still know about bitcoin transactions?How much would be the recommended fee to have a good confirmation times its quiet confusing but well you said you do only have that account.We wont argue im just stating also my view.
Confirmations times really depends on the fee and to the blockchain network queue transactions.
hero member
Activity: 756
Merit: 501
Well its wizzard the transaction taking soo long, but the fee you putted might had affected your transaction, if im not wrong the fee should had to be bigger then those 10k satoshis you put, soo its your fault those transaction hadnt been confirmed, dont blame anything else. I pretty sure those transaction would require something like 30k satoshis atleast soo you changed and you are taking the risk and the delays.
This is the sugested fee for the transaction size,90 satoshis/byte, changing it will affect the time the network will confirm it.
hero member
Activity: 868
Merit: 500
Yesterday I sent some Bitcoin though the amount of Bitcoin is small but the transaction is still pending. If Bitcoin transaction time issue not solved than Bitcoin will die soon. Who would like to use Bitcoin if transaction not confirmed even within a day?

Here is TX link https://blockchain.info/tx/7a531e7990e02dd498d74d8a5c25a536d8b307ab20b31298b23aa44831924d5d

You are Hero Member and you dont know the reason of this delay, as the price of bitcoin rise the transaction fees is also getting high so according to it you have to pay the fees then only it will get confirmed very soon. If you pay low then wait for more time to clear it.

Do not let the user rank fool you into believing that one person knows more about Bitcoin than another. A lot of accounts are bought by people

to participate it signature campaigns to get higher income. { I am not saying this is the case with OP, but in some cases this is true } Some

of these users can easily be identified, when the post style change.  Roll Eyes
I did not bought this account from anyone and I created this account myself and  handling my own account from day 1 when it was created by me. This is my one and only account on this forum.
sr. member
Activity: 280
Merit: 253
Ok my transaction stucked because I payed low fees at the time of transaction it was 0.08 USD worth Bitcoin just  0.02 USD less in 0.1 USD so that doesn't mean that my transaction should not be processed.
On the contrary, that's exactly what it means. If your transaction fee is even slightly less than the cost of including your transaction in a block, miners have absolutely no incentive to do so, and your transaction will probably never be confirmed. That it why it is so important to pay the correct fee.

If someone paying $0.1 as fees and his transaction processed within half an our or 1 to 2 hours maximum than I paid just 0.02 less so my transaction should be processed within 8-10 hours but its almost 24 hours passed and no signal confirmation yet.
what do say about this?
I say you're a cheapskate. I myself don't want to wait even one hour, and pay the maximum rate to ensure my transactions are included in the very next block, which typically costs about 5 cents extra for a grand total of 15 cents per transaction. I don't rightly know why people try to get away with paying less.
So i wanted to do something good for Bitcoin. Support the ecosystem and all. I opened my company to Bitcoin and now you can pay us or receive your payment in Bitcoin. We have about 10,000 Transactions a day and those 5 cents you do not care about amount up to $500 per day or $15,000 per month. Just like that. I do not know how much you make a month, but if you think that 5 cent can not make a difference, then think again.
legendary
Activity: 1904
Merit: 1074
Yesterday I sent some Bitcoin though the amount of Bitcoin is small but the transaction is still pending. If Bitcoin transaction time issue not solved than Bitcoin will die soon. Who would like to use Bitcoin if transaction not confirmed even within a day?

Here is TX link https://blockchain.info/tx/7a531e7990e02dd498d74d8a5c25a536d8b307ab20b31298b23aa44831924d5d

You are Hero Member and you dont know the reason of this delay, as the price of bitcoin rise the transaction fees is also getting high so according to it you have to pay the fees then only it will get confirmed very soon. If you pay low then wait for more time to clear it.

Do not let the user rank fool you into believing that one person knows more about Bitcoin than another. A lot of accounts are bought by people

to participate it signature campaigns to get higher income. { I am not saying this is the case with OP, but in some cases this is true } Some

of these users can easily be identified, when the post style change.  Roll Eyes
hero member
Activity: 868
Merit: 500
Yesterday I sent some Bitcoin though the amount of Bitcoin fee is small
FTFY. If you can't afford to spend 10 cents on fees, maybe Bitcoin isn't for you.
He's right if you can't afford to pay the transaction fees then bitcoins isn't for you. You want faster transactions then why you're not sending enough fees?

   Its also about helping miners, dont forget that. For me that is important part, in that way miners will keep bitcoin alive.
   If OP dont wish to help miners, or he cant afford to pay fee then he should really be patient and wait for transaction to confirm. I dont have such problems with my transactions, I pay 0.0001 fee and everything is better then alright.
Hey I also paid same fees so do you want to say that you are paying 0.0001 satoshi for your transaction so you are helping miners and I'm also paying 0.0001 satoshi for transaction fees and I'm not helping miners. Did you even see my OP that has transaction link? You should first check that and than post.
hero member
Activity: 868
Merit: 500
Ok my transaction stucked because I payed low fees at the time of transaction it was 0.08 USD worth Bitcoin just  0.02 USD less in 0.1 USD so that doesn't mean that my transaction should not be processed.
On the contrary, that's exactly what it means. If your transaction fee is even slightly less than the cost of including your transaction in a block, miners have absolutely no incentive to do so, and your transaction will probably never be confirmed. That it why it is so important to pay the correct fee.

If someone paying $0.1 as fees and his transaction processed within half an our or 1 to 2 hours maximum than I paid just 0.02 less so my transaction should be processed within 8-10 hours but its almost 24 hours passed and no signal confirmation yet.
what do say about this?
I say you're a cheapskate. I myself don't want to wait even one hour, and pay the maximum rate to ensure my transactions are included in the very next block, which typically costs about 5 cents extra for a grand total of 15 cents per transaction. I don't rightly know why people try to get away with paying less.
Now what can be done for the transaction which has stucked in middle how can i increase my transaction fees when it is already spent. Can I modify that transaction or it's fees when it is stucked or I have to contact to someone to confirm my transaction?    
hero member
Activity: 588
Merit: 500
Yesterday I sent some Bitcoin though the amount of Bitcoin fee is small
FTFY. If you can't afford to spend 10 cents on fees, maybe Bitcoin isn't for you.
He's right if you can't afford to pay the transaction fees then bitcoins isn't for you. You want faster transactions then why you're not sending enough fees?

   Its also about helping miners, dont forget that. For me that is important part, in that way miners will keep bitcoin alive.
   If OP dont wish to help miners, or he cant afford to pay fee then he should really be patient and wait for transaction to confirm. I dont have such problems with my transactions, I pay 0.0001 fee and everything is better then alright.
legendary
Activity: 4536
Merit: 3188
Vile Vixen and Miss Bitcointalk 2021-2023
Ok my transaction stucked because I payed low fees at the time of transaction it was 0.08 USD worth Bitcoin just  0.02 USD less in 0.1 USD so that doesn't mean that my transaction should not be processed.
On the contrary, that's exactly what it means. If your transaction fee is even slightly less than the cost of including your transaction in a block, miners have absolutely no incentive to do so, and your transaction will probably never be confirmed. That it why it is so important to pay the correct fee.

If someone paying $0.1 as fees and his transaction processed within half an our or 1 to 2 hours maximum than I paid just 0.02 less so my transaction should be processed within 8-10 hours but its almost 24 hours passed and no signal confirmation yet.
what do say about this?
I say you're a cheapskate. I myself don't want to wait even one hour, and pay the maximum rate to ensure my transactions are included in the very next block, which typically costs about 5 cents extra for a grand total of 15 cents per transaction. I don't rightly know why people try to get away with paying less.
copper member
Activity: 1330
Merit: 899
🖤😏
Hate it when happens but what do I have to say when most of times my transactions are confirmed under 10 minutes? There are already more than enough transactions with high and miners preferred fees in the network every minute that makes it impractical and a waste of time and resources to care about low fee transactions, that is why if you want yours to be confirmed fast better to use the recommended fee, though some times even with a high fee it takes hours to confirm and it should be taking care of.
hero member
Activity: 2646
Merit: 686
Yesterday I sent some Bitcoin though the amount of Bitcoin is small but the transaction is still pending. If Bitcoin transaction time issue not solved than Bitcoin will die soon. Who would like to use Bitcoin if transaction not confirmed even within a day?

Here is TX link https://blockchain.info/tx/7a531e7990e02dd498d74d8a5c25a536d8b307ab20b31298b23aa44831924d5d

You are using your bank account your cheque doesn't clear for days does your bank gets closed. Your linking the two doesn't even makes sense, if you believe that due to slow transactions it will collapse. Sometimes they are slow and sometimes they are fast. It's normal so don't stress so much. But the most important thing is that the amount gets shown in your account. So give it time.
hero member
Activity: 868
Merit: 500
Than we should not promote Bitcoin in public saying that Bitcoin transaction charge lowest fees than it is false information we are spreading between users.
How is this false information? 10 cents is the lowest fee for an international payment system. If you find a cheaper system then use it, cheapskate.

Ok my transaction stucked because I payed low fees at the time of transaction it was 0.08 USD worth Bitcoin just  0.02 USD less in 0.1 USD so that doesn't mean that my transaction should not be processed. If someone paying $0.1 as fees and his transaction processed within half an our or 1 to 2 hours maximum than I paid just 0.02 less so my transaction should be processed within 8-10 hours but its almost 24 hours passed and no signal confirmation yet.
what do say about this?
hero member
Activity: 1918
Merit: 564
Confirmation may not cause bitcoin to die but it may be one of the major reason why Bitcoin won't be accepted by majority as mode of payment especially in offline stores.  This is also one of the biggest challenge of developer that is why there is this unresolve argument about creating a faster confirmation bitcoin.
legendary
Activity: 1666
Merit: 1001
it is one of the problem that bitcoin had, the slow transaction had been a complaint and become the number one problem for local store to adapt bitcoin, hopefully this issue can be fixed, but my transaction seldom took a long time to confirm usually not more than 2 hours, but if bitcoin transaction can go faster for sure there will be more user
newbie
Activity: 43
Merit: 0
@talkbitcoin see 5/1/2017 they are working on performance of their API. Hope this help
hero member
Activity: 994
Merit: 544
Well It happened to me and my friends the confirmation took more than 24 hours but we are still here. Long confirmation doesnt really happen all the time. Sometimes if we are in a hurry place a big miners fee so that you will get a high priority and transactions will be processed faster. As a merchant in bitcoin I include miners fee to the items that I am selling so as to not be burdened by the fees.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Sometimes it's because of double spend.
The best solution is to type this in google status coinbase
Hope this help.

what does anything you said have to do with anything else here?!

OP has a transaction that has a low fee (by the current standard of the fee market battle) and that is why he is getting a low priority to be included in a block.

you say two things here:
- double spend, has nothing to do with how slow or fast you get a confirmation.
- your red text of "status coinbase" show the status of the site coinbase which shows if it is online or offline! again has nothing to do with either double spend or with low fees and fast confirmation.
newbie
Activity: 43
Merit: 0
Sometimes it's because of double spend.
The best solution is to type this in google status coinbase
Hope this help.
sr. member
Activity: 294
Merit: 250
I am using YoBit for all my operations with bitcoin and I have never had any delay with sending my bitcoins or cashing out. Try this site to see the difference, maybe you will like this one.
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