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Topic: How long are BTC transactions taking? (Read 1760 times)

hero member
Activity: 840
Merit: 516
August 24, 2017, 06:41:24 AM
#47
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

Typically a bitcoin delivery transaction depends on how many unconfirmed transactions you can see here https://blockchain.info/unconfirmed-transactions

And usually also depends on how much fee you provide for the fee, the greater the fee you give the faster bitcoin delivery process.
Yes, transaction fees matter a lot. The greater the fee is, the faster transaction is. Now a day, I think bitcoins are rising continuously in price so uncountable traders are cashing out their bitcoins or selling them off which is ultimately slowing down the process of transactions.
full member
Activity: 504
Merit: 100
August 19, 2017, 09:32:36 PM
#46
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

Typically a bitcoin delivery transaction depends on how many unconfirmed transactions you can see here https://blockchain.info/unconfirmed-transactions

And usually also depends on how much fee you provide for the fee, the greater the fee you give the faster bitcoin delivery process.
sr. member
Activity: 496
Merit: 250
Ceck me in livestream twith
August 18, 2017, 11:03:33 AM
#45
for me never take more the 2-3 hour
but need pay high fee for fast transaction
hero member
Activity: 2744
Merit: 541
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August 18, 2017, 10:59:52 AM
#44
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.

After this segwit2x actually this problem solved before after paying high rates also we need to wait for min couple of hours to get our bitcoins in our wallets. But now it's taking less time. If you choose high pay, you will receive coins within one hour. Or else it takes 2 or 3 hours. I sent my BTC from blockchain to exchange site it takes just 2 hours.
it should be taken care seriously as we suffering with this high fee in order for us to make much faster transactions we don't have any choice but to pay miners since they are the one whos processing our request hope after segwit2 everything will be resolve with fair time frame even without paying high.
sr. member
Activity: 473
Merit: 250
August 18, 2017, 10:47:29 AM
#43
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.

After this segwit2x actually this problem solved before after paying high rates also we need to wait for min couple of hours to get our bitcoins in our wallets. But now it's taking less time. If you choose high pay, you will receive coins within one hour. Or else it takes 2 or 3 hours. I sent my BTC from blockchain to exchange site it takes just 2 hours.
full member
Activity: 574
Merit: 105
August 18, 2017, 09:46:56 AM
#42
well from experience i think the higher the fee the fast the confirmation so try increase the ff and what what happens
sr. member
Activity: 826
Merit: 265
August 18, 2017, 04:12:56 AM
#41
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.
sr. member
Activity: 434
Merit: 250
August 18, 2017, 03:59:52 AM
#40
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.
newbie
Activity: 30
Merit: 0
August 18, 2017, 03:17:58 AM
#39
It can take up to 20 minutes (usually less) from the time digital money gets transferred to the time this transaction is verified. Exceptionally, it may take up to an hour for your transaction to be confirmed, depending on amount and network conditions
sr. member
Activity: 616
Merit: 250
August 17, 2017, 10:28:02 PM
#38
It depends if the system is overloaded or not it can take to 48 hrs or more (who knows).
newbie
Activity: 49
Merit: 0
August 17, 2017, 10:25:51 PM
#37
Once segwit comes it will slowly get cheaper.
copper member
Activity: 1400
Merit: 103
August 17, 2017, 10:13:05 PM
#36
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?
I think the problem is on poloniex,
Many people complained they had problems with deposits, withdrawals and support ticket in poloniex
So I suggest do not use Poloniex if you want to trade Wink
sr. member
Activity: 742
Merit: 250
August 17, 2017, 09:42:01 AM
#35
Last few days it took a little big longer for transactions to performe, think that the network was a bit busy. But there is no unique rule on transactions time confirmation, it could be within half an hour or few hours, it could depend also on the fee you have used. Anyway, if the time takes to long you can always try with transaction accelerator.
He seemed to have traded a Bitcoin amount on July 30 or 2-3 days earlier. I think that, close to August 1, the Bitcoin split event will take place, so many people will withdraw Bitcoin on personal wallet so congestion will take place and long waits to be verified, even up to a day. Transaction fee is also a part. At present, transaction fees are quite high, if you let the transaction fee low, the transaction will take a lot of time, especially when trading a large amount of Bitcoin
hero member
Activity: 1078
Merit: 501
August 17, 2017, 08:43:32 AM
#34
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?
Sometimes its take much time to be the transaction will process. That's normal sir that its pending in 11 hours because I tried poloniex also. There some times that they pending your bitcoin. If you can cancel it, please cancel it then try to do it again but if you cannot cancel, may be you should wait upto 10 days and past a ticket to them. I say that because I experienced that already.
Maybe you need to find another btc wallet that is not delayed in their transaction, you can try xapo or blockchain, you must use trusted bitcoin wallets and those wallet that are not having some problems like that, here in the Philippines, coins.ph is not delay, sometimes it is delivered ahead of time, they have a fast transaction.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
August 17, 2017, 05:48:27 AM
#33
Last few days it took a little big longer for transactions to performe, think that the network was a bit busy. But there is no unique rule on transactions time confirmation, it could be within half an hour or few hours, it could depend also on the fee you have used. Anyway, if the time takes to long you can always try with transaction accelerator.
sr. member
Activity: 546
Merit: 250
August 17, 2017, 04:38:16 AM
#32
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

I think 11 hour its lot of time, btc transaction dont have a exact time , it only depend on confirmation number and fee (more pay for fee faster transaction)
Personally i use blackchain and localbitcoin wallet, and in max 1 hour the transaction its confirmed

I think the timeframe of this post is different right now so different strategies could be used. And yeah you fee could tell you how fast the transaction is. But for me i traded small amounts like .007 or.003 to some sites but paid .001. I know fees are robbing us but what could we do about it? We cant just whine and let them adjust to us. Sometimes we should accept its changes and adapt to it. So for me every time i trade i pay .001 and i receive it in 1 hour or lesser with that kind of fee.
full member
Activity: 686
Merit: 100
August 17, 2017, 04:17:08 AM
#31
I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

I think 11 hour its lot of time, btc transaction dont have a exact time , it only depend on confirmation number and fee (more pay for fee faster transaction)
Personally i use blackchain and localbitcoin wallet, and in max 1 hour the transaction its confirmed
sr. member
Activity: 616
Merit: 250
August 16, 2017, 05:30:49 PM
#30
It takes like minutes-hours-days It just really depends to the traffic (if the system overloaded)
sr. member
Activity: 546
Merit: 255
August 01, 2017, 02:01:45 AM
#29
Bitcoins are receiving a lot of load because many people have started using Bitcoins. More the number of users more load it's servers will face. Another reason for late confirmation might be the low fees paid by you. The more fees you pay the more faster your transactions will be confirmed
hero member
Activity: 1190
Merit: 534
August 01, 2017, 12:56:08 AM
#28
I think the transactions are getting confirmed faster than before because a few minutes ago I saw that the pending transactions were 900+ and now it is around 750 so even if we are considering the new transactions, I think that the confirmation time is reduced to few minutes and transactions are getting confirmed faster than ever before, I believe that recent update caused this improvement.
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