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Topic: Love Fast BTC today! - page 5. (Read 5214 times)

legendary
Activity: 1218
Merit: 1006
February 10, 2017, 08:48:23 AM
#36
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink
Time for confirmation actually depends upon your transaction fee but it is also true that recommend fee will get higher when mempool is full, actually few days ago mempool was full so fee to get confirmation within few minutes got high upto 130 satoshi/byte. But now fee is way lower than that... https://bitcoinfees.21.co/ gives better understanding about current recommended fee.
legendary
Activity: 1638
Merit: 1046
February 10, 2017, 08:45:15 AM
#35
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

bitcoin transactions are always fast and also confirmation are always fast as long as you pay higher fees that the rest of the world hence the word fee war.
not much has changed compared to previous days. there are still a large amount of unconfirmed transactions (16.8K by the time of typing this and the fee/byte is still high as 120!

I also think that nothing has changed for the last few days as no one is working on this confirmation delay issue. If you confirmation early than before than either you have paid a high fee or you're just lucky to get it through quickly. I am saying lucky because i have seen tx delaying more than usual even on higher transaction fee.
Sometimes its happening to me even i am paying a large fee for every transaction some of my transaction are delay and mostly 10 minutes its been confirmed and not all transaction size are the same i really do not understand the transaction why there are some transaction are high size that can affect the speed of transaction.. i think they need to upgrade and they added a feature to see the transaction size first so that they can manually choose the best fee before they send so that if we are really need bitcoin fast we can know how much the fee we are need to pay..
Just like yesterday i have transaction like this https://blockchain.info/tx/c80b73152a9a21d72ee4eb887c9f2690317cafa7190d83d70141bea2b1de9d5e
And it takes 1 hour in half delay even i pay of 50k sat in transaction and 1403 for the size.. I dont know why i have large transaction size.
Also i notice that there is a changes fee per byte added on the transaction..  looks like they are increase the fee instead of 10ksat/kb
now as you can seen in my transaction they are added "Fee per byte   35.638 sat/B"
hero member
Activity: 1610
Merit: 507
February 10, 2017, 08:26:30 AM
#34
today i am sending some amount bitcoin and it gets full confirmed transaction in about one hour. i think it is not about fast or not, maybe the network is busy so our transaction is not getting fast confirmation. but if we see that is one transaction is made, then i am sure the amount will be receive in the destination wallet so we need to wait.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
February 10, 2017, 08:15:49 AM
#33
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

bitcoin transactions are always fast and also confirmation are always fast as long as you pay higher fees that the rest of the world hence the word fee war.
not much has changed compared to previous days. there are still a large amount of unconfirmed transactions (16.8K by the time of typing this and the fee/byte is still high as 120!

I also think that nothing has changed for the last few days as no one is working on this confirmation delay issue. If you confirmation early than before than either you have paid a high fee or you're just lucky to get it through quickly. I am saying lucky because i have seen tx delaying more than usual even on higher transaction fee.
legendary
Activity: 3038
Merit: 1169
February 10, 2017, 08:13:28 AM
#32
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

I think it is just a coincidence that your transaction is fast than you expected well there are instant that transaction was very weird and will try not to wallop in your liking, but I think the process of BTC speed was just a mere coincidence my was always smooth with it's speed but there are 1 time my transaction was held for 2 days and that is weird for me cause that's the first time it happen.
full member
Activity: 128
Merit: 100
February 10, 2017, 07:59:24 AM
#31
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

Are you sure its fast ? can you tell your transition details , well its 100% confirmed as more you pay the fee you get more fast transition i think its all depend on the fee that you pay during transition
hero member
Activity: 994
Merit: 544
February 10, 2017, 07:37:43 AM
#30
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

It was probably due to small bitcoin transaction activities that occurred just recently. When the price of bitcoin dropped the bitcoin users have temporarily stopped doing transactions and they will resume again when bitcoin will reach 1000$ again. Presumably the are just holding their coins before they dispose or use them and when that time happens the transaction volume will reach climax again driving confirmation to be slow again.
hero member
Activity: 616
Merit: 502
February 10, 2017, 07:26:58 AM
#29
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

Maybe because there was only few transactions processing on the blockchain that time, that is why your bitcoin was confirmed in the blockchain in just a few minutes. But most of the time, every transactions in the blockchain take 20-30 minutes the longest is an hour for each transaction to be confirmed because of too many transactions existing in the blockchain in a single day that passed by.

The main reason here is because there are too many bitcoin transactions than bitcoins population,  causing traffic in the blockchain resulting this kind of situation where many transactions are waiting to be confirmed, because it is First In First Out process in the blockchain.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
February 10, 2017, 04:11:13 AM
#28
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

That is what happen if you are going to pay the fees on right amount or if not you did paid it on higher amount.

Because those transactions that are experiencing delay and long confirmation to their transactions aren't paying fees so they are experiencing delay.

Yes, Paying fees nearly solved the problem for now but we do need a technology like segwit to be added to Blockchain. That will be a permanent solution which has more advantages too.
hero member
Activity: 3038
Merit: 634
February 10, 2017, 04:03:22 AM
#27
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

That is what happen if you are going to pay the fees on right amount or if not you did paid it on higher amount.

Because those transactions that are experiencing delay and long confirmation to their transactions aren't paying fees so they are experiencing delay.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 10, 2017, 03:59:06 AM
#26
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink
you pay a fee? How much? I need 1hr may be less or sometimes more, I'm waiting for confirmation of the transaction is the same as yesterday nothing has changed
I do not think it is about the fee. The blockchain and miners have solved the unconfirmed transactions issue and now everything is fine. you can easily send Bitcoin and receive 1 confirmation only in a minute. I hope that we will never experience this issue again. God. We do really need the SegWit
hero member
Activity: 630
Merit: 500
February 10, 2017, 02:43:54 AM
#25
I think there are some cabals in the mining space trying to jack up the transaction fee by all means, that is why they are against SegWit and lighting network passing because with Hard fork to 2MB there is still probability of spamming the network and having this same scenario playing out again
hero member
Activity: 882
Merit: 500
February 10, 2017, 02:28:56 AM
#24
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink
I don't think it is automatically confirmed . Because I faced the same problem much .
Actually confirmation depends upon the fact that how much you paid for the given amount of transaction of your bitcoin .
If transaction charge is very less in comparison to the amount of btc transacted then it is usual that it will take much time for the transaction .
Well here I got a new experience during the transaction unconfirmation we e can succefully send our bitcoin or receive our bitcoin with confirmation fast , it only need to give more transaction charge .
I made payout from yobit , it takes about 0.0005btc as an transaction and it got confirmed within 10 minute  easily , so hiving more transaction charge is a best way to recover from such problems .
hero member
Activity: 1666
Merit: 502
February 10, 2017, 02:08:28 AM
#23
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink
you pay a fee? How much? I need 1hr may be less or sometimes more, I'm waiting for confirmation of the transaction is the same as yesterday nothing has changed
legendary
Activity: 3248
Merit: 1070
February 10, 2017, 02:01:56 AM
#22
Did you happen to pay a larger fee than usual? I am guessing you did.

fee doesn't rally matter at those point, because if you have 3 transaction per seconds, or the correct number to saturate the block, that have payed higher fee than your, your TX will always be delayed

you must always pay more than the average of the priority transaction, which lead to a rally where who pay mroe win, which is stupid...
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
February 10, 2017, 01:55:47 AM
#21
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

I did not felt that I'm using a local wallet and they are the one who is giving fees to make all the transactions fast.it took my local wallet 10 to 30 minutes to confirmed,which is good compare when I'm using blockchain which sometimes took 5 hours or long to confirm,can you post what wallet are you using and are you the one setting the fee?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
February 10, 2017, 01:01:02 AM
#20
It will go on like this, until a proper scaling solution are in place. The people behind these spam attacks will spam the Blockchain, and then the Mempool will create a backlog. The users will increase their miners fees and the greedy miners will come in to save the day and collect all those "increased" fees.

The Block reward is not enough payment, they want more and more and more. ^hmmmmmmm^

legendary
Activity: 3472
Merit: 10611
February 10, 2017, 12:49:24 AM
#19
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

bitcoin transactions are always fast and also confirmation are always fast as long as you pay higher fees that the rest of the world hence the word fee war.
not much has changed compared to previous days. there are still a large amount of unconfirmed transactions (16.8K by the time of typing this and the fee/byte is still high as 120!
hero member
Activity: 924
Merit: 506
February 10, 2017, 12:34:07 AM
#18
I've done a few transactions and paid 0.0002 for each on of them less than 200 bytes and confirmed below 30 minutes, as much as I like to pay less fees but for the sake of bitcoin and my nerves still willing to pay as high as 0.0005 in 2017.

sr. member
Activity: 434
Merit: 250
February 10, 2017, 12:24:07 AM
#17
My transactions were so quick today, amazing feeling to send and receive BTC so smoothly.  Cheesy

Yeah,old good fast btc days are back,but who know for how long..1 month only!?
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