How to make bitcoin transaction get 3 confirmations faster? - page 2.

Lutpin

copper member

Activity: 1904

Merit: 1874

Goodbye, Z.

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.

Towelielie

newbie

Activity: 28

Merit: 0

Quote from: Lutpin on March 31, 2016, 07:50:45 PM

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

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

You can pay a higher fee, which makes your transaction more likely to be included in the next upcoming block.
After that, there's nothing you can do about the confirmations, as it's going to get one with each new block, and the time between blocks (while being on average 10 minutes) varies.

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

VirosaGITS

legendary

Activity: 1302

Merit: 1068

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

Well from 1 to 3 it takes 2 block. But to get first confirmation its luck and it depend on your paid fee.

Lutpin

copper member

Activity: 1904

Merit: 1874

Goodbye, Z.

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

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

You can pay a higher fee, which makes your transaction more likely to be included in the next upcoming block.
After that, there's nothing you can do about the confirmations, as it's going to get one with each new block, and the time between blocks (while being on average 10 minutes) varies.

Towelielie

newbie

Activity: 28

Merit: 0

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

Topic: How to make bitcoin transaction get 3 confirmations faster? - page 2. (Read 1589 times)