Author

Topic: Delayed Block Confirmation (Read 130 times)

legendary
Activity: 3472
Merit: 10611
September 21, 2018, 10:17:54 PM
#4
A possibility here is that the seller simply didn't send you the bitcoin immediately, hence it took a good number of hours.

another possibility that i have recently encountered myself is that they (usually some services which may have been the withdrawing source of the person sending coins here) create a chain of unconfirmed transactions by spending the output of their previous tx without waiting for it to confirm and they pay low fees so they all take a very long time to confirm if there is a slight increase in fees (like from 1 s/b to 2 s/b)
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 21, 2018, 10:58:04 AM
#3
Yep. You definitely need to provide a transaction ID here. Like what OmegaStarScream said, a transaction fee as low as 5 sats/byte should be confirmed in no time(if were talking about at least 1 confirmation). Probably even 1 sat/byte wouldn't take 7hrs as you were claiming. A possibility here is that the seller simply didn't send you the bitcoin immediately, hence it took a good number of hours.
staff
Activity: 3500
Merit: 6152
September 21, 2018, 10:23:16 AM
#2
Mind sharing the transaction ID? By looking at the mempool, It looks like the network was not congested so I'm not sure what could resulted this. If you were using an escrow platform or an exchange, It's possible that the transaction took time to proceed, in other words, this has something to do with the services you were using and not the bitcoin network.
jr. member
Activity: 182
Merit: 2
September 21, 2018, 03:52:06 AM
#1
Bought some Bitcoin yesterday as part of my accumulation plans and I noticed that the block confirmation time was annoying longer than necessary. Despite the seller using the right amount of mining fees, it took more than 7 hours to achieve a confirmation. This made the seller really agitated since it was a P2P arrangement, and for the fact that we used an escrow service, it would have been very messy. What could have been the cause of this please?
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