Author

Topic: Mempool NEW ATH - 175,000 Unconfirmed Transactions (Read 791 times)

hero member
Activity: 2282
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I just know that I sent 0.3 BTC from one address to another and the transaction is still unconfirmed after almost 10 hours. WTF! And yes, I paid fees.

58638fb148a624e9f21d15b2c045e0eb2773a76a76cbe8de0274beb991165102
Nothing to get worried. Once you make the transaction you can see it under the unconfirmed transaction list. This lagging of a large number of transactions in the bitcoin network happens when similar fee is levied for several transactions as well the increased transactions happening at the same time. These were solvable issues and few accelerator service helps with getting priority in the transaction. This is just for one or two transactions.
legendary
Activity: 2884
Merit: 1258
I just know that I sent 0.3 BTC from one address to another and the transaction is still unconfirmed after almost 10 hours. WTF! And yes, I paid fees.

58638fb148a624e9f21d15b2c045e0eb2773a76a76cbe8de0274beb991165102

This is sad, this is an issue that should had been taken care of immediately rather than having a political debate and pushing each agenda.  Fees are getting higher each day and the once attraction of Bitcoin is now a disappointment.  I hope both camp will come into agreement and set aside their agendas to fix this scalability and high transaction fee issue.
full member
Activity: 200
Merit: 100
I just know that I sent 0.3 BTC from one address to another and the transaction is still unconfirmed after almost 10 hours. WTF! And yes, I paid fees.

58638fb148a624e9f21d15b2c045e0eb2773a76a76cbe8de0274beb991165102
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Of course we need more capacity but stuff like this is so childishly blatant it takes the piss. There's no way of stopping it and perhaps even if there was more capacity it would continue.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
Nope. It's the usual spamming.

https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f

I don't think there's a new user sending thousands of transactions to themselves unless they're a bit soft in the head.

Maybe it's a new spammer.

Bigger blocks will either satisfy the person doing this, or maybe they're that deranged they'll spam until the end of time.

And I seem to recall a few weeks back when Unlimited had been massively pooh poohed by everyone else, the blockchain miraculously cleared up for a short time.

Funny that. 

yeah but look at the avg blocksize chart for all time. 
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
In my opinion, it's a combination of spam attacks (with the goal to lower the price and generate panic in a context of high volatility) and real transaction volume growth, not only by new users but also by users that move Bitcoins to and from exchanges to profit from the price growth.
The more good news about Bitcoin such as AU and Japan has pushed the new adoption for bitcoin in his environment.

Spam and mass adoption That can make the bitcoin network will run on high traffic.
It looks bitcoin network will have exploded as soon as possible.

We need the block increase to support mass adoption  Cry
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Nope. It's the usual spamming.

https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f

I don't think there's a new user sending thousands of transactions to themselves unless they're a bit soft in the head.

Maybe it's a new spammer.

Bigger blocks will either satisfy the person doing this, or maybe they're that deranged they'll spam until the end of time.

And I seem to recall a few weeks back when Unlimited had been massively pooh poohed by everyone else, the blockchain miraculously cleared up for a short time.

Funny that. 
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
blocks aren't full at all.    this is obviously just a spam attack, probably from Roger Ver who doesn't own any bitcoins, or Bitmain who is using antbleed to cheat everyone.    this is fine.  no need for bigger blocks.   
hero member
Activity: 910
Merit: 500
Probably the largest unconfirmed transaction so far that ive seen. Usually if I transfer an amount i would only pay 10k sat and get confirmed within the day but now it was been 6 days and still not yet confirmed. When i look at the unconfirmed transactions in block chain it is now not less then 25k per day
hero member
Activity: 490
Merit: 520
Just wow..

New users coming into bitcoin??
I'm thinking that it's a lot more likely that there are users flocking to exchanges and there are more transactions going into exchanges to make money off of the rally that's happening right now, but I'll be hesitant to say that since the rally has been going on for so long that it would be surprising to see this much volume still being pushed through the blockchain.
Could be new users, but I would doubt it for now. Might be shoppers taking advantage of the high value, among other things.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
That's typical for Bitcoin's rallys. These charts about the mempool size don't go very far into the past, but you can see that in periods of a strong growth in the Bitcoin price the mempool size was larger.

In my opinion, it's a combination of spam attacks (with the goal to lower the price and generate panic in a context of high volatility) and real transaction volume growth, not only by new users but also by users that move Bitcoins to and from exchanges to profit from the price growth.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Just wow..

New users coming into bitcoin??
Jump to: