I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations

kalawang

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

This is not good a little worring about that so we should need to keep this bitcoin? Because theres a lot of people have a problem now i becaue of the bch hay i hope tht bitcoin will resolve hi problem. Sad

GreenBits

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

welcome to the club bro. this is gonna be like this for a minute, you may want to look at other blockchains in the meanwhile if you need to send funds with any quickness. I sent a decently fee'd transaction to hitBTC literally yesterday, it took going to bed and waking up + 6 hours for it to get a single confirm. you can attribute this to all this BCH craziness going down; suffice it to say market conditions are being used to the best advantage at the moment.

you could still be looking at a 24+ hour conf, it just really depends how congested it is right now (or how the hashpower fluctuations are wrecking havoc on network fidelity).

this is greed.

alexzorgo

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Now it is very visually shown as the blockchain of bitcoin depends on miners. It is very dangerous precedent which speaks about an opportunity to affect market bitcoin, manipulating rather large number hash capacity. I consider, it is lack of code of bitcoin which needs to be eliminated in the nearest future. So far didn't use it in the purposes, pernicious for bitcoin.

expert4knowledge

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The All-in-One Cryptocurrency Exchange

It's like a DDOS attack, funny how decentralized technology is not immuned to the same issues than centralized tech

Shadowshot

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Bitcoin transaction fees have been and are currently still so garbage right now, this is the reason why another coin will eventually overtake it I think.

honeyb0y

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

You need to be patient on this one even if you made a high transaction fee but because of the
large volume of transactions that are being solved then delays are happening right now.

chuckblocker

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Higher... visa and mc would b ****** **** hourly for 14$/transaction fee, if miners don't return it will only b going downwards.

Maestro75

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Quote from: supermine on November 12, 2017, 11:42:02 AM

Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

This is the hard time for the bitcoin because the transaction fee is getting higher due to the less number of miners available but the transaction take sometimes i think atleast 6 hours to complete your trancation.

Saying higher is putting it mildly. It is outrageous! Imagine paying $3 on a transaction of a mere $20 and one had to wait for 24hrs two days ago for it to pull through. OP, no one can really give you the exact time your transaction can pull through.

Processing transactions on time has always been the bane of Bitcoin. One would have thought that the previous fork would have addressed it.

cybersofts

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Quote from: alyssa85 on November 12, 2017, 01:00:48 PM

Quote from: pixie85 on November 12, 2017, 12:57:17 PM

Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

You're playing into Bitmain's game. They switched to BCC and are spamming the BTC network to make it slower. People like you are paying a lot of money in fees for no reason. The only solution is to wait it out they won't keep their spam forever. If you send with normal fees that you'd pay 2 days ago, like $2 it will still get confirmed. We are repeating the situation from 2 months ago.

Bitcoin is currently mining less than 3 blocks an hour, which is why there are so many unconfirmed transactions.
BCH's difficulty adjusts tonight, so some of the hashrate might come back to bitcoin, in which case the transaction backlog will get cleared.

Wonderful, I was reading this article yesterday on the web:

$700 Million Stuck in 115,000 Unconfirmed Bitcoin Transactions
https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

And i asked myself, what the hell is going on again? Is this another form of DDoS attack on blockchain or what?
Thank God now since everything will be ok in few days. I first though some lazy punks are trying slow people down, man. Grin

Pendularin

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

Do not worry if there is no confirmation yet. Keep calm and believe that it will be confirmed sooner. You know if it is a big transaction, they will not confirm it very soon because they will check it for many times for accuracy and no mistakes. It may give you a little bit fear because the confirmation is delayed but I know that it will come sooner not later than this day.

ezrakonia

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Miners want to control bitcoin and make more money. However if they destroy there will be nothing for them. Greedy people.

They want to destroy a good idea, bitcoin.

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

A friend had the same experience,think it better to pause transaction,when things get normalice you can then do your transfer

JoeMue

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Quote from: coindetective on November 12, 2017, 05:14:02 PM

Calm down, the number of late transaction s rapidly going down, this attack will be finished very soon. Conclusion, it has FAILED as all these attacks before you.

This is no attack... the transaction rate is close to normal. Miners switched to Bitcoin Cash, because it is more profitable. Block time was huge, transactions were not processed. Situation will normalize, because difficulty for BCH just exploded, but this is the second time this year, that we were close to 200K transaction backlog. This MUST NOT happen again, otherwise people lose trust in bitcoin.

This is what happens if mining is centralized. The greedy miners actually don't care about transactions waiting to be confirmed. It's all about profit.

The bitcoin team must increase the block size as soon as possible, otherwise BCH will take over in the long run. The situation is very serious.

Dfinest

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It's a bit weird but i wouldn't be so worried about that.

SyGambler

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guess who's back

it's not about how much you paid in fees for your transaction , it's about how many people used higher fee than yours
the blockchain at the moment is facing huge amount of transactions ( 167K at the time of post ) so that's the problem

also a lot of miners stopped mining and went to mine BCH

coindetective

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Calm down, the number of late transaction s rapidly going down, this attack will be finished very soon. Conclusion, it has FAILED as all these attacks before you.

YOU CANNOT KILL BITCOIN so stop trying.

X7

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Let he who is without sin cast the first stone

not normal - need actual details to help here...

Preclus

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Quote from: Shenzou on November 12, 2017, 02:15:57 PM

A lot of miners have switched to mining bitcoin cash, since the bitcoin difficulity got harder in the last couple of days hence why the transaction are starting to get slow and they get unconfirmend..

So, will miners now just switched to whichever bitcoin version is easier to mine?

If so, the transaction backlog will swing wildly from one version of bitcoin to the other as the difficulty changes, all the miners switch coins and mine until that difficulty changes, then switch back, etc. And you could expect this kind of delay every difficulty change and it will get worse every time there is a bitcoin fork.

batang_bitcoin

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

Don't be surprised that you paid too much just to get 0 confirmation. Always monitor unconfirmed transactions through https://blockchain.info/unconfirmed-transactions and if you see that there's hundred thousands transactions that are stuck there, think twice if you do really need to transact for that moment. There's an attack with the bitcoin network that results to delayed transactions.

ohlawdy

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- "Bitcore (BTX) - The Future is Now"

Wow that is really bad , this is a big hit for btc , so easy to disrupt.
I hope a solution will come.

scully95

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If you know what is good for you, don't sell your BTC. this is the best time to buy from those selling theirs. Since CME added BTC to its platform, I knew this would happen and the spamming BTC network is obviously from them. Expect the price to drop to 3000$ ... They are cheats and can never be trusted. This is what they did to the Traditional financial zone that made the old system less trustworthy. Now they trying to hijack this from the masses again.

BCH is just taking advantage of the same pressure and I believe calculated a time to strike the BTC network. Honestly, this will be the biggest sabotage of the BTC network.

VitaminDer

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https://blockchain.info/unconfirmed-transactions
now 165K in list... it was over 168K 7 hours ago... slowly getting better))

tomotan

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Damn...20 bucks for a transaction....and still no confirmation? That is fucked up mate...never paid more than 2 bucks,still way too much.

Adrazan

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I think in no time it should be resolved since it's a general issue

SMB-2525

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The hash rate has fallen by 50% because miners moved to BCH
https://blockchain.info/charts/hash-rate?timespan=30days
Some commentary on the the underlying scaling problem.
https://cointelegraph.com/news/lightning-must-strike-soon-bitcoin-facing-backlogs-as-scalability-solution-awaited

There will be a huge decrease in hashing difficulty for bitcoin on November 17. That will increase the efficiency of the remaining miners and fees will drop and the backlog will clear.

elliottflz65

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Quote from: 7788bitcoin on November 12, 2017, 04:50:06 PM

Quote from: sleep_talker on November 12, 2017, 11:40:27 AM

Alot of people are having troubles in their transactions. Might be something wrong with the servers. Last I read 100K people are having issues. So it might take a day or two.

The network is under threat from all the competitors who are trying to destroy and scare people away from bitcoin,the network hash rash has gone down considerably as the miners are moving away from bitcoin and supporting bitcoin cash at the moment and there are huge transactions being done by Roger and these issues are testing the limits and raising the transaction fees to scare people away.

If it's so easy to disrupt Bitcoin this way then there isn't a future for it. If governments decided to attack Bitcoin then it would completely destroy it as they would have much more funding to attack with.

7788bitcoin

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Quote from: sleep_talker on November 12, 2017, 11:40:27 AM

Alot of people are having troubles in their transactions. Might be something wrong with the servers. Last I read 100K people are having issues. So it might take a day or two.

The network is under threat from all the competitors who are trying to destroy and scare people away from bitcoin,the network hash rash has gone down considerably as the miners are moving away from bitcoin and supporting bitcoin cash at the moment and there are huge transactions being done by Roger and these issues are testing the limits and raising the transaction fees to scare people away.

sidzkosic

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Lol,
I payed 0.038 btc fee unintetionally. Don't really know if the electrum is crap or what.

FrankNoland

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

I also made two transactions on Saturday and hasn't been confirmed, I am still waiting for the transaction to be confirmed. This is so unusual, transactions taking longer than 48 hours to confirm and high transaction fees. I also paid $13 transfer fee. I read this other article and they wrote that there is currently more $700 million worth of unconfirmed transaction with a total of 32MB I reckon.

ninche

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2 hours is not long to worry

samarahewasht

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This is the hard time for the bitcoin.because less number of miners available.therefore transaction fee is getting higher.this is not happened only for you ,A lot of people are having troubles in their transactions.

bergenic

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

I had a transaction stuck for almost a day. I posted a reply here and I got my 1st confirmation in about 20 mins:

https://www.reddit.com/r/Bitcoin/comments/7cebtu/unconfirmed_transactions_put_your_tx_in_reply_and/

I recommend to make a post here if your transaction is stuck, the guy is boosting them very fast.

Shenzou

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A lot of miners have switched to mining bitcoin cash, since the bitcoin difficulity got harder in the last couple of days hence why the transaction are starting to get slow and they get unconfirmend and the fees getting higher, and with the hard fork that was supposed to take part starting tomorow being canceled all the hype behiend the high demand of bitcoin for the last couple of weeks was shut down, but i don't think that this will last, surely people will come back and we will start to see bitcoin clim back again.

alyssa85

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Bitcoin is currently mining less than 3 blocks an hour, which is why there are so many unconfirmed transactions.

BCH's difficulty adjusts tonight, so some of the hashrate might come back to bitcoin, in which case the transaction backlog will get cleared.

pixie85

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

You're playing into Bitmain's game. They switched to BCC and are spamming the BTC network to make it slower. People like you are paying a lot of money in fees for no reason. The only solution is to wait it out they won't keep their spam forever. If you send with normal fees that you'd pay 2 days ago, like $2 it will still get confirmed.
We are repeating the situation from 2 months ago.

iamaruf

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

I saw a post there he mentioned around 143k transactions not confirmed.My 1 transactions still not confirmed.Already 24 hours gone.My another transactions just got 1 confirmation and I paid over 26$ transactions fees.

Netnox

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

LOL... seriously? Guys, if this is true, then Bitcoin is royally fucked. I assume that the transaction contained a lot of dust, but I heard from one of my friends that he paid an astounding 1,111 Sat/Byte for his transaction. The tx fee is going up and up. Where is it going to stop? At 10,000 Sat/Byte?

portstarboard

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A lot of miners have switched to mine BCH, ergo less miners = higher fees

Barbut

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Due problems with scaling people will have problems with confirmation and with fees. I saw that yesterday and looks like its really happening. I don't plan to move my bitcoins, I don't plan to sell them for bitcoincash or for some other alt, this is time for holding. Price is 1.500$ down and until its go back and situation calm down I will not do anything.
Something is happening, this bitcoincash rise surprised me, some threads that miner's are moving from btc to bch is slowing down everything. But this can last forever, situation will calm down in next few daysz maybe a week.

sofi@

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This is too bad many experience it and the worst is that the value of bitcoin drops which means we really incurred large amount when doing transactions. Bitcoin continie to crashed and we cannot help but experience this many says bitcoin cash has been supported by miners thats why it pump while tge other dump. I just hope it will recover soon so we can get back to normal transactions

crazyjack

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

That had to be one big transaction for sure. This site https://bitcoinfees.earn.com, if not already known to you, may give you approx. time and cost per transaction.

OMGyasuo

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

oh, I think what's wrong here Current btc prices are falling deeply, only about 6k so why the transaction fees so high. It should be the same as btc. In this time around, this is a worry in the implementation of the transaction.

supermine

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Quote from: bjbear123 on November 12, 2017, 11:38:39 AM

I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

This is the hard time for the bitcoin because the transaction fee is getting higher due to the less number of miners available but the transaction take sometimes i think atleast 6 hours to complete your trancation.

sleep_talker

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Alot of people are having troubles in their transactions. Might be something wrong with the servers. Last I read 100K people are having issues. So it might take a day or two.

bjbear123

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I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations.. how long do you reckon it could take ?

Topic: I payed $20 for a﻿ BTC transaction 2 hours ago, still 0 confirmations (Read 1200 times)

Topic: I payed $20 for a BTC transaction 2 hours ago, still 0 confirmations (Read 1200 times)