Pages:
Author

Topic: Confirmations are getting faster ? - page 5. (Read 3061 times)

hero member
Activity: 504
Merit: 500
June 14, 2016, 09:03:30 AM
#26
Its possible... if the transaction number is increasing it is probable that miners are starting to accept every transaction they can get no matter if it has fee or not. the more transactions they process the more the more chances they'll have of earning.
legendary
Activity: 2786
Merit: 1031
June 14, 2016, 09:01:59 AM
#25
i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.

You'll probably need to wait a lot more if you paid less than 50 satoshi/byte.

Newer transactions with bigger fee will take precedent, if transaction rate doesn't go down your transactions will never confirm and eventually will get drop.

https://btc.com/stats/unconfirmed-tx
hero member
Activity: 812
Merit: 1001
June 14, 2016, 09:00:33 AM
#24

Now 21 fees have moved up. From 50 to 70 sat.
https://bitcoinfees.21.co/

All the 50 sat payers, who paid the recommended fee half an hour ago are now stuck, underpaying.
Spam to you?
legendary
Activity: 2674
Merit: 3000
Terminated.
June 14, 2016, 08:55:49 AM
#23
20mb of less spammy transactions.
Less spammy does not imply != spam.


Lauda, you do not know that Target did not pay the correct fee.
Right now there are over 10000 transactions paying 50 sat (recommended) and over.
Only 2000 will fit in the next block, and 2000 in the block after.
What are you talking about? That is not true according to the source that I tend to use:


There's over 40 thousand transaction paying a 1-10 satoshis/byte fee, also known as spam.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 08:52:40 AM
#22
BTW network is going shit again, 20 MB unconfirmed transactions:

https://btc.com/
Not really; stop posting nonsense. There's actually ~1.5 GB of unconfirmed spam and the network is just fine:


i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.
Then the fee that you have included is not adequate for the transaction size.



I don't feel that much difference as my TX's usually confirm within the next block. However, it does seem like the interval has lowered a bit more on average. Maybe more hashrate has been added.

20mb of less spammy transactions.

Lauda, you do not know that Target did not pay the correct fee.
Right now there are over 10000 transactions paying 50 sat (recommended) and over. (taken from Bitcoinfees21.co)
Only 2000 will fit in the next block, and 2000 in the block after.

The correct fees MAY have been paid.
This is what Cores fee market looks like. I'm surprised you didn't know.
Get used to it.
sr. member
Activity: 350
Merit: 250
June 14, 2016, 08:48:47 AM
#21
Its just luck don take it seriously lol. maybe on the time that you make a payment or payment request theres not that much entry on block chain  I think thats the reason why you experience faster confirmations
The most people with Bitcoin are using it as a payment method and that would be really nice for the currency itself so that is nice but you have also to know that it can takes a long time until the value will be higher of the Bitcoin.
It is so nice to see that there will be more people that is going to use Bitcoin and that they are making it more popular and the halving is coming as well so that would be perfect.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 14, 2016, 08:48:02 AM
#20
Its just luck don take it seriously lol. maybe on the time that you make a payment or payment request theres not that much entry on block chain  I think thats the reason why you experience faster confirmations
legendary
Activity: 1302
Merit: 1027
June 14, 2016, 08:45:14 AM
#19
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

This is all happens when their is not traffic in network that time it get very soon confirmation other option is if you are paying high fees then your transaction gets confirmation much faster.
legendary
Activity: 2674
Merit: 3000
Terminated.
June 14, 2016, 08:42:02 AM
#18
BTW network is going shit again, 20 MB unconfirmed transactions:

https://btc.com/
Not really; stop posting nonsense. There's actually ~1.5 GB of unconfirmed spam and the network is just fine:


i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.
Then the fee that you have included is not adequate for the transaction size.



I don't feel that much difference as my TX's usually confirm within the next block. However, it does seem like the interval has lowered a bit more on average. Maybe more hashrate has been added.
full member
Activity: 210
Merit: 100
June 14, 2016, 08:37:43 AM
#17
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.
I think luck hits you, I have transaction before 1 transaction lasted about 40 mins only, quite slow. And now i have a 2 transaction, im waiting 1 hour but it didnt arrive right now
legendary
Activity: 2282
Merit: 1041
June 14, 2016, 08:02:00 AM
#16
i still have 4 transaction waiting for confirmation.. just suck they are 4 hours ago.
legendary
Activity: 1946
Merit: 1137
June 14, 2016, 07:58:05 AM
#15
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

you have to make more transactions bro Smiley
on my confirmation times i get all kinds of times, i even had an immediate confirmation once (it tool a couple of seconds to confirm) and also i had two hour confirmation (back in spam attacks).
this is just luck to get into a block or not and depends on the number of currency unconfirmed transactions too.
legendary
Activity: 1358
Merit: 1014
June 14, 2016, 07:35:57 AM
#14
Confirmations have always been rather fast for me. I never had a problem with it, so I never understood all this FUD about how Bitcoin is going out of capacity. It will only get better once we deploy segwit.
hero member
Activity: 672
Merit: 503
June 14, 2016, 07:21:38 AM
#13
Many users are complaining about the delay in confirmation time of transactions, but to be honest I never had  that issue, my transactions gets confirmed in maximum 20 minutes.
legendary
Activity: 1526
Merit: 1001
June 14, 2016, 07:13:17 AM
#12
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

For the last 6 blocks (which all of them are almost full at ~1MB) were mined for less than 37min, few of them in less than a minute which means that you were probably lucky. I'm quite surprised that even though there are many blocks mined (overall tx fees are 0.2-0.5BTC) in about half an hour all of them are fully.
hero member
Activity: 602
Merit: 500
June 14, 2016, 07:07:43 AM
#11
I think your just lucky on the blocks that your transcation is in.Because most of the time blocks are overloaded causing confirmations to be delayed but if youre at the first  line then your transactions will be on top and faster confirmation.

Yes its just that you are lucky enough to get it confirmed so quickly. there is nothing of the part of Dev that that had make any changes recently neither it has anything to do with the current market cap and halving. Its purely luck that your confirmations are quicker than others.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 06:59:49 AM
#10
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.

It's just you, and it does sounds like luck.
But to talk in terms of minutes to comfirm, without reference to how many blocks were mined in that time is ambiguous.

Were you in the first mined block to come along, or the tenth?
If you were in the tenth block (even though it only took 2 minutes) you may not have been as lucky as you thought. But you probably feel lucky
If you were in the first block (even if it took an hour) you may have been lucky. But you probably wont feel lucky.


If you always got into the first mined block to come along, you will still see these 2 minute - 1 hour+ variations.
Even if hash power stays exactly constant. (or even if it increases)


It is impossible to say blocks are getting faster because your last transaction was faster than the previous.
(no evidence can be gleamed either way)
The only luck we can say you had was that your own personal transaction comfirmation times was in decreasing sequence.
And the thing with luck, it will change.

Luck says your next transaction will be slower than 2 minutes.
legendary
Activity: 3430
Merit: 3080
June 14, 2016, 06:48:19 AM
#9
I'll say the same thing to you as the other trolls: your BS is easily researched. Easily. People that actually care will actually do that, they won't listen to me, or especially you.


Propagandists like you need to understand: your account on bitcointalk is burnt. Your status and, consequently, your opinions, are totally worthless.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 06:26:08 AM
#8
The price jump has helped to increase the block discovery rate to >6 per hour again.

That is rubbish. Today almost exactly 1 block per 10 minutes have been found.
The price jump has also increased fees proportionally against USD.

Quote
The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.

More hash will quicken blocks temporarily. Until the next difficulty adjustment. But as I said there is no big hash increase atm.
If you, Carlton, want more than 250,000 transactions a day, if you think that is a good thing, (which you seem to here) then that is equal to wanting more block space. Which goes against all your teachings about Cores 1mb fee market.
legendary
Activity: 3248
Merit: 1070
June 14, 2016, 05:23:03 AM
#7
The price jump has helped to increase the block discovery rate to >6 per hour again. The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.

apparently in 2011 there was a discovery rate of almost 10(9.38) i checked with google, thus we were in a worst position for long in comparison with that time

probably because it was the time of the 25x increase...yes just checked again it went to 35 usd
Pages:
Jump to: