How to make bitcoin transaction get 3 confirmations faster?

equator

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Quote from: Towelielie on April 02, 2016, 10:49:27 AM

Quote from: gkv9 on April 01, 2016, 03:23:59 PM

It won't be possible to get 3 confirms faster, but come on mate, it just takes ~10 minutes to generate a block at current difficulty too, and sometimes miners find 2 - 3 blocks in a matter of minutes, so waiting is the only option you have in the end...

I wouldnt complain if it takes only 10 minutes.
Most of the times I need to wait 1 hour for it to get 3 conf ._.

Ya it happens that some time when their is delay in confirmation, as some time their are heavy transaction due to that the confirmation gets too much delay, but if you put the transaction fees higher then you chances of getting confirmation high priority.

It was a very good information i got regarding transactions. as i was also facing this problem before but now after giving high transaction fees i am getting my transaction confirmation very fast but even then it takes minimum 20 min to get confirmation but that is ok.

lolxxxx

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Quote from: razoor on April 02, 2016, 05:12:59 PM

As was mentiond above the best way to do it is to include higher fee than usual (currently 0.0001 BTC).

For 3 confirmation higher fees are not so needed, you are good with 0.0002 or so , It's up to miners that in how much time they find 3 block usually the average time for once block is 10 minutes (6 blocks per hour) once there are 3 blocks you get 3 confirmations also if you put a little higher fees then normal then your transaction will confirm soon .

LuanX3

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Quote from: Towelielie on March 31, 2016, 07:46:38 PM

Its crucial to me to get 3 confirmations fast as I need to get 3 confirmations in order to use that bitcoin. Usually it takes like 30 mins to 1 hour to get 3 confirmations but by that time place where I wanna buy something goes out of stock..

So is there any way to make it go faster? :c

Nope, it not depends on you

razoor

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As was mentiond above the best way to do it is to include higher fee than usual (currently 0.0001 BTC).

Towelielie

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Quote from: gkv9 on April 01, 2016, 03:23:59 PM

It won't be possible to get 3 confirms faster, but come on mate, it just takes ~10 minutes to generate a block at current difficulty too, and sometimes miners find 2 - 3 blocks in a matter of minutes, so waiting is the only option you have in the end...

I wouldnt complain if it takes only 10 minutes.
Most of the times I need to wait 1 hour for it to get 3 conf ._.

gkv9

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!!! RiSe aBovE ThE StoRm !!!

It won't be possible to get 3 confirms faster, but come on mate, it just takes ~10 minutes to generate a block at current difficulty too, and sometimes miners find 2 - 3 blocks in a matter of minutes, so waiting is the only option you have in the end...

Rude Boy

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AFAIK, no matter how much higher fee you've included, you've to wait until 3 blocks mined to get 3 confirmations. If you include higher fees, your tx just got higher priority.

rizkyhiw

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Quote from: tiggytomb on April 01, 2016, 01:53:16 AM

Increasing you fee is really the main thing you can do to have your transaction included quicker, the only sites I have come across that have instant confirmations are gambling sites which kind of makes sense as they want you to be lose your money quickly. Cheesy

yes that's right,more fee or transaction and more speed of transaction will made,but i wondering is every wallet have this feature?i mean to increase the fee and make transaction faster to confirm?because i see some case that transaction delay so long even it have big fee.

lolxxxx

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You can get your confirmations fast by increasing the fees higher then normal , like when we process payment from blockchain.info it put 0.0001 fees to any amount of transactions Also it depends on the size of your transaction , If you put higher fees then your transaction will get confirm fast. Try to put at least 0.0002 fees per transaction.
You just need to wait for 3 blocks to be mined otherwise there is no way .

Lutpin

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Goodbye, Z.

Quote from: kryptopojken on April 01, 2016, 02:22:34 AM

You cant increase the block time lol

Increasing the block time would be contraproductive, when trying to get confirmations fast.

kryptopojken

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You cant increase the block time lol

tiggytomb

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Increasing you fee is really the main thing you can do to have your transaction included quicker, the only sites I have come across that have instant confirmations are gambling sites which kind of makes sense as they want you to be lose your money quickly. Cheesy

NorrisK

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Nothing you can do to increase the speed of block generation except for joining the mining to creat more hash temporarily. After the first confirmation it is just about getting the next two blocks fast and this is all chance. Sometimes it takes minutes, sometimes more than an hour. On average it will be close to 10 min still.

Hope you got to buy what you wanted before it ran out of stock!

Amph

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Quote from: awwafe on March 31, 2016, 09:27:29 PM

Some sites have payment options associated with online wallets. Using that would allow instant confirmation. Is an option like that available?

those are off chain service, there is nothign like this built directly into the wallet

Lutpin

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Goodbye, Z.

Quote from: Snorek on March 31, 2016, 09:33:09 PM

I know that confirmation is directly linked to mining and exploring blocks. But what will happen where there won't be anything to mine in the future.
There won't be blocks right? How bitcoin network will be confirming transactions then?

There never will be "nothing to mine".
Once the block reward reaches 0 sat (as pointed out by dollarneed, in over 100 years,
the miners will solely rely on the transaction fees being paid as rewards.

dollarneed

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Quote from: Snorek on March 31, 2016, 09:33:09 PM

I know that confirmation is directly linked to mining and exploring blocks. But what will happen where there won't be anything to mine in the future.
There won't be blocks right? How bitcoin network will be confirming transactions then?

that the thing that i always wondering. But after reading this thread someone mentioned that "the Blocks will return 0 satoshis by year 2141 or so"
but eventually we're not living at that age
refference
https://bitcointalksearch.org/topic/what-happens-when-all-bitcoins-are-mined-71176

Snorek

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I know that confirmation is directly linked to mining and exploring blocks. But what will happen where there won't be anything to mine in the future.
There won't be blocks right? How bitcoin network will be confirming transactions then?

awwafe

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Some sites have payment options associated with online wallets. Using that would allow instant confirmation. Is an option like that available?

Lutpin

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Goodbye, Z.

Quote from: Towelielie on March 31, 2016, 08:16:59 PM

https://www.cryptocoinsnews.com/3-solutions-instant-bitcoin-confirmations/
Will any of this help?

Only when initiated by the one accepting your payment, hence if they don't offer you anything like this, there's little hope for you to being abled to convince them.

Towelielie

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Quote from: Lutpin on March 31, 2016, 08:02:11 PM

Quote from: Towelielie on March 31, 2016, 07:59:07 PM

So if i pay higher fee only 1st confirmation will go faster, other 2 will be same?

You can't get a confirmation without a block.
The first confirmation is the block your transaction is included.
The chances of your transaction being included in a block are tied to some factors, the most important one is the fee you pay.
After that, every block on top of the block your transaction was included will act as one more confirmation for said transaction.

The fee will have an influence on whether or not your transaction is included in the first block, but it won't make the second and third blocks be discovered any faster,
those factors are out of your power.

https://www.cryptocoinsnews.com/3-solutions-instant-bitcoin-confirmations/

Will any of this help? xD

Topic: How to make bitcoin transaction get 3 confirmations faster? (Read 1589 times)