I think faster means that it's easy to do the transaction, not how long does it takes for each transaction. Because if we use another payment system (like bank), it will take a while for us to go to the bank first. But with Bitcoin, we can do it whenever and wherever we want.
For me sorry that i can not say that btc transactions is faster than the other transaction.. if you try other company like paypal or perfect money if you send funds to other you can get it instantly unlike bitcoin.. if you are relaying how easy to transact bitcoin to other wallet how easy paypal or perfectmoney? 
Topic: Can we still say that BTC transactions are faster? - page 2. (Read 3957 times)
I think faster means that it's easy to do the transaction, not how long does it takes for each transaction. Because if we use another payment system (like bank), it will take a while for us to go to the bank first. But with Bitcoin, we can do it whenever and wherever we want.
of course bitcoins transactions are the fastest you just have to include the correct amount of fees
Can we still say that bitcoin transactions are faster?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
sometime it not take much time but sometime it can take long time to get only 1 confirmation , i always fix fee about 0.0002 BTC but i think it always depends from the miner and not from fee I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
I also think that it is still faster just delayed but I think it will be back to normal after july.
It's not delayed because of that's always repeated and waste my time only to wait for clock confirmation, I hope there is a way about this problem.Wait for LN project to solve this problem.
if the btc you are sending has been static for some time (sat in wallet for weeks), it will be confirmed quicker
I've read somewhere that the miners have moved away from this model (I'm not sure whether this is true though, as I can't find direct information about it).
I think that gives a greater fee will be prioritized? so the block will be faster solve those who provide greater fee?
No. The amount of fees that could potentially be included in a block will not be able to 'speed' up solving of it. You don't understand how Bitcoin works.bitcoin transaction speed is medium #imo
So medium speed = 1-3 seconds on average. Interesting "opinion".if the btc you are sending has been static for some time (sat in wallet for weeks), it will be confirmed quicker
I've read somewhere that the miners have moved away from this model (I'm not sure whether this is true though, as I can't find direct information about it).if it is of more substantial amount (ie over 1 BTC) it will be confirmed quicker
The amount that is being transferred is irrelevant when it comes to priority.
BTC is ALWAYS faster than international transfers
also i had this explained to me more too, basically
if the btc you are sending has been static for some time (sat in wallet for weeks)
it will be confirmed quicker
if it is of more substantial amount (ie over 1 BTC)
it will be confirmed quicker
if you are sending BTC that has been moving recently (ie you bought it then sent it)
it will take longer to be confirmed, especially if smaller amount as well
also i had this explained to me more too, basically
if the btc you are sending has been static for some time (sat in wallet for weeks)
it will be confirmed quicker
if it is of more substantial amount (ie over 1 BTC)
it will be confirmed quicker
if you are sending BTC that has been moving recently (ie you bought it then sent it)
it will take longer to be confirmed, especially if smaller amount as well
confirmation times depends on blocks as well as fees. Even though you sent more free than recommended, you've to wait until the current block to solve.
I think that gives a greater fee will be prioritized? so the block will be faster solve those who provide greater fee?but the reality may differ only slightly with only 10k fee satoshi. bitcoin transaction speed is medium #imo
yes bitcoin funds transfer transactions so fast. but it depends on the amount of fees that input. if appropriate, the transaction speed will be fast. but if the amount of money we send big, while we enter a small fee, the delivery will be slow.
you're right, the transaction did happen quickly, but it sometimes feels his confirmation for a long time, sometimes its confirmation makes people bored waiting.
Bitcoin does not care for your lack of knowledge needed to use it. There is no 'sometimes' and 'long time' for properly constructed transactions (assuming reasonable block-intervals).I think you either didn't include an optimal fee or there was something wrong with the Blockchain network for your transaction to have been unconfirmed for 1 hour.
You're talking about the blockchain.info wallet? Then it might be best to always properly clarify your statements, as there was almost never "something wrong with the blockchain" (since blockchain.info != bitcoin's blockchain), but there are problems with blockchain.info (from time to time). But if you are comparing Bitcoin to other digital money payment processors I am not so sure which one is faster, but Bitcoin is certainly more secure 
Bitcoin is still faster.P.S
By the way. Lastest news:
-snip-
That is off-topic. By the way. Lastest news:
-snip-
Banks transfers between accounts on average take 3-5 working days, and maybe more, if the foreign translations. In cryptocurrency instantaneous transaction. However, when working with large amounts of evidence it is recommended to wait a few transaction network, it usually takes less than an hour.
P.S
By the way. Lastest news:
"Bitcoin Core Team has developed a solution to reduce data transfer time on the network
The update includes a number of methods to reduce the time blocks spread across the network. The basic idea is to take advantage of the fact that the memory pools in total units have similar data. Therefore, the node can send to other nodes only the graphic description of the block, and they are already create a block from scratch. This will save bandwidth since the unit as such fully should not be transmitted."
https://bitcoincore.org/en/2016/06/07/compact-blocks-faq/
P.S
By the way. Lastest news:
"Bitcoin Core Team has developed a solution to reduce data transfer time on the network
The update includes a number of methods to reduce the time blocks spread across the network. The basic idea is to take advantage of the fact that the memory pools in total units have similar data. Therefore, the node can send to other nodes only the graphic description of the block, and they are already create a block from scratch. This will save bandwidth since the unit as such fully should not be transmitted."
https://bitcoincore.org/en/2016/06/07/compact-blocks-faq/
Bitcoin transactions are fast as long as you choose to include an adequate miners' fee. But I have had a couple of instances where the Bitcoin wallet I was using had technical problems and the transactions were slowed artificially and this happened mostly with the old Blockchain wallet. I think you either didn't include an optimal fee or there was something wrong with the Blockchain network for your transaction to have been unconfirmed for 1 hour. But if you are comparing Bitcoin to other digital money payment processors I am not so sure which one is faster, but Bitcoin is certainly more secure
Can we still say that bitcoin transactions are faster?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
Same thing happened to me also a week before when am trading with someone. I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
Bitcoin dev need to look this. Confirmation really need faster like cash transaction. Bitcoin miners also need to look for possibilities to minimize transaction fees because its really high for small transaction.
With this type of improvements, hopping after couple of years we can use bitcoin similar to cash.
Well, i don't know. Because when i do some transactions sometimes the confirmation is very slow, sometimes it's fast. If bitcoin can make it fast, i'm sure it's a big advantage too for bitcoin.
you're right, the transaction did happen quickly, but it sometimes feels his confirmation for a long time, sometimes its confirmation makes people bored waiting.
Everytime the price rises, there is a backlog of transactions - I'm pretty sure this is the reason the price drops back down again. Bitcoin will continue to struggle until this is resolved, and I'm amazed it hasn't already.
Well, i don't know. Because when i do some transactions sometimes the confirmation is very slow, sometimes it's fast. If bitcoin can make it fast, i'm sure it's a big advantage too for bitcoin.
Can we still say that bitcoin transactions are faster?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
I think its depends in your using to send your bitcoin, mine i send some bitcoin in my friends wallet using coins.ph to coins.ph my transaction is smooth. But if i transact with other wallet or i deposit in other wallet my transaction is too slow i wait only 30minutes to 1hour. I think it is not fast because many transaction are doing in everyhour so i think thats the reason why it is not pass like other altcoin.
bitcoin transactions are not very fast. Add 0.0001 btc fee per kilobyte and it will confirm in 15-20minutes or even faster than this. if it is not confirming then we can say that u have not spent enough fees.
Bitcoin block target time has always remained at 10 minutes and it hasn't changed. Difficulty is automatically adjusted to suit the 10 minutes frequency every 2016 blocks. The average timing has always been close to 10 minutes even though some blocks may be longer due to variance. Miners can choose to exclude certain transaction that doesn't meet the criteria that they have set. TX fee is the main factor however.
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