Author

Topic: BTC transaction slow to get confirmed (Read 3098 times)

legendary
Activity: 1316
Merit: 1145
March 02, 2016, 10:30:55 AM
#12
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?

Because you only paid a .0001 miner fee. Use .0002 or if you are in a hurry .0005.

I sent BTC at 830am this morning and it still in an unconfirmed state, 14 hours later.  :-(

you can use other wallet like coinbase, xapo it's free, no id card  to sign up just email and mobile verification.
you can send your bitcoin without pay fee Smiley

Your right companies like those do cover the fees but if they haven't adjusted their own fee structures then your transaction will still be slow.
Better just to use blockchain or Mycelium and set a decent fee yourself, something like 0.0005 should be fine.

Im use xapo wallet, i withdraw my bitcoin from xapo to my own address it's be confirmed under 10minute Roll Eyes
the fee 30.000 i send 0.15xxx bitcoin
full member
Activity: 178
Merit: 100
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
March 01, 2016, 03:48:43 AM
#10
I am rebroadcasting it every 30 minutes, let me know when its confirmed.
hero member
Activity: 868
Merit: 1000
February 29, 2016, 11:07:14 PM
#9
Because a lot of transaction are submitted currently and only one with higher fees are being confirmed.If you want fast confirmation then you should submit transaction with minimum fees of 0.0002btc and for over 1KB transaction use 0.0002 per KB.currently around ~30,000 transaction are waiting for confirmation https://blockchain.info/unconfirmed-transactions
it will solved when block size will increased.
legendary
Activity: 1806
Merit: 1164
February 29, 2016, 11:01:03 PM
#8
Until we get a block size increase you should play it safe and use a .0005 fee.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
February 29, 2016, 10:56:54 PM
#7
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?

Because you only paid a .0001 miner fee. Use .0002 or if you are in a hurry .0005.

I sent BTC at 830am this morning and it still in an unconfirmed state, 14 hours later.  :-(

you can use other wallet like coinbase, xapo it's free, no id card  to sign up just email and mobile verification.
you can send your bitcoin without pay fee Smiley

Your right companies like those do cover the fees but if they haven't adjusted their own fee structures then your transaction will still be slow.
Better just to use blockchain or Mycelium and set a decent fee yourself, something like 0.0005 should be fine.
legendary
Activity: 1316
Merit: 1145
February 29, 2016, 10:32:40 PM
#6
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?

Because you only paid a .0001 miner fee. Use .0002 or if you are in a hurry .0005.

I sent BTC at 830am this morning and it still in an unconfirmed state, 14 hours later.  :-(

you can use other wallet like coinbase, xapo it's free, no id card  to sign up just email and mobile verification.
you can send your bitcoin without pay fee Smiley
sr. member
Activity: 316
Merit: 250
February 29, 2016, 10:29:20 PM
#5
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?

Because you only paid a .0001 miner fee. Use .0002 or if you are in a hurry .0005.

I sent BTC at 830am this morning and it still in an unconfirmed state, 14 hours later.  :-(
full member
Activity: 178
Merit: 100
February 29, 2016, 05:28:37 PM
#4
thanks, didin't know about the site
copper member
Activity: 924
Merit: 1007
hee-ho.
February 29, 2016, 03:20:37 PM
#3
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

because the mempool is flooded with unconfirmed transactions. call it a traffic jam, and the ones with higher tx fees can get through faster.  Tongue

to know how much fee per byte are best for the current traffic condition, use this site.
legendary
Activity: 1806
Merit: 1164
February 29, 2016, 02:59:54 PM
#2
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?

Because you only paid a .0001 miner fee. Use .0002 or if you are in a hurry .0005.
full member
Activity: 178
Merit: 100
February 29, 2016, 02:56:40 PM
#1
Hi,

Why Bitcoin transactions are so slow to get confirmed today?

Look at this transaction, made a few hours ago and always not confirmed...
https://blockchain.info/en/tx/187906c4e3bf8530204f9675492cc3fcbde50c7213f53a484ac661b38bff7d3b

Can you tell me why is it so slow?
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