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Topic: More than 50,000 unconfirmed transactions - page 12. (Read 16739 times)

sr. member
Activity: 276
Merit: 254
January 24, 2017, 12:50:07 PM
#61
Is there any website or application which order all transactions from the backlog by the fee/KB and show where is my transaction? This could give me some information how long more I need to wait for confirmation, or how the situation changes over time so I can act accordingly.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
January 24, 2017, 12:47:58 PM
#60
And now it increased 61k, My transaction is also un-confirmed from 12 hours and i'm waiting for it to get confirmed.


Did you pay the correct fee? which is now an average of 27k satoshi, 120 satoshi per byte, the previous one was 20k satoshi, i suppose it's now higher because there are more pending transactions
legendary
Activity: 1092
Merit: 1000
January 24, 2017, 12:28:27 PM
#59
Easy solution use one of the other coins if the unconfirmed BTC transactions are over 10,000.

If BTC miners are going to play games to jack up the fees you have to pay.
Use another coin , they are cheaper and faster anyway than BTC with none of these shenanigans.

LTC, Doge, Eth and others are all running normally.


 Cool



What about hard forks which Etherium has? Litecoin was good and popular when it was new but now personally I can't see further develop of this coin. Also hard forks aren't normal for mostly known altcoins because it's lowering trust on people's vision.
As lauda said bitcoin team isn't going for any fork in future and won't happen but that lost bitcoins are very bad. In real life some people has billions and most people are poor, so I think lost bitcoins won't affect anything but there is chanse of growing it's number.

If you are going to buy & hold, then pick the coin of your choice and wait for it if it is BTC.

If you only need to transfer value, use one of the Alts when BTC is jammed up,
1. Faster
2. Cheaper
3. It will be converted immediately upon arrival to something else anyway.

Example,
if you were paid with a check, are you going to hold it for a year or cash it and convert it to fiat and buy something.
Understanding the difference between investing and transferring value are Two Different things.
Investors buy & hold. Transference of value is not investing so anything that is fast works better.

 Cool
legendary
Activity: 2184
Merit: 1032
January 24, 2017, 11:59:21 AM
#58
And now it increased 61k, My transaction is also un-confirmed from 12 hours and i'm waiting for it to get confirmed.
legendary
Activity: 1904
Merit: 1073
January 24, 2017, 11:55:42 AM
#57
We can moan and bitch all we want, it will make no difference to the situation. The miners and the spammer have full control over this situation. I

will switch to any implementation where you can have a option to submit a higher fee, after it was already submitted. This is getting ridiculous that

someone can bloat the mempool and hold back 60k tx's. I have 2 tx's pending for more than 23 hours.  Angry Angry Angry

I guess this is what the spammer intended with this. Would it not be nice, if some miners could concentrate all efforts to eliminate this backlog?

Sweep up all 60k tx's in one sweep!  .......... So angry now, I am talking out of my ass!
legendary
Activity: 1540
Merit: 1003
January 24, 2017, 11:54:19 AM
#56
Sh*t! It's happening again! We really need to increase that damned block size!

I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue.

https://blockchain.info/unconfirmed-transactions

We need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast!


How much fee does your transaction has? At the moment the number of unconfirmed transactions has been increased to 62000+.

I am also pro of the block size increase because it will be muchc better for the community and of course less stress.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
January 24, 2017, 11:27:14 AM
#55
We need SegWit, but rushing SegWit to be used won't do any good. Blockchain might split into 2, bitcoin community divided, panic sells from investor or other consequences.

Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
The core client gives you an estimate of how many blocks it will take to confirm your transaction and allows you the option of changing the fee to speed it up to a faster estimate.



Thanks for info. I used for it for a long time, but I changed when the blockchain passed over 50 Go.
I'm now with Electrum, which has a feature to tell when the confirmation time will be, but only after a transaction is signed. It says 25 blocks for my last transaction. Not very useful...

Then try http://bitcoinfees.21.co/, it's very accurate and have lots of detailed information.
legendary
Activity: 3374
Merit: 1824
January 24, 2017, 11:52:08 AM
#55
In fact, I never worried about my btc transactions in the past.
I would just send my bitcoin payment and in a few hours my transaction will be confirmed.
Recently, I was in hurry because i had to pay certain service on time but I had to wait for my btc transaction confirmation almost 48 hours.
It really created problem for me and now, whenever I have to send some btc payment, I worry a lot.
I hope that this problem will be solved somehow.

hero member
Activity: 966
Merit: 506
January 24, 2017, 11:34:59 AM
#54
Easy solution use one of the other coins if the unconfirmed BTC transactions are over 10,000.

If BTC miners are going to play games to jack up the fees you have to pay.
Use another coin , they are cheaper and faster anyway than BTC with none of these shenanigans.

LTC, Doge, Eth and others are all running normally.


 Cool



Sometimes the bitcoin transactions takes more time than usual, but then it does not mean that we start using Alts like LTC, Doge etc in replacement of Bitcoins. Just see how many transactions are performed daily on bitcoins and on other Alts. You can see the difference. Load can make things little slow.
brand new
Activity: 0
Merit: 0
January 24, 2017, 08:55:07 AM
#53
Lol confirm them yourself.
Then start mining for the next block.
You will have a lot of nodes and could possibly find a couple of "fast" blocks. "Fast" depending on how you count/value time.
member
Activity: 107
Merit: 10
Bitcoin unionhead who's neglecting fiat :)
January 24, 2017, 09:43:36 AM
#53
It must be something now. It's not a game, those are our money and there is not time to spend on waiting forever for the confirmations. I don't care what about will have to be, but this is infuriating  Angry
full member
Activity: 199
Merit: 100
January 24, 2017, 08:15:10 AM
#52
The mempool is massive right now. Over 50k transactions stuck. I have a few stuck myself. It will probably confirm after a few days.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
January 24, 2017, 07:58:47 AM
#51
I still have one unconfirmed transaction, after 16 hours, and that's a bad surprise, because I had made another transaction which went through in 4 minutes, just one hour earlier.

It is shockingly easy to spam the network. I would have been happy to use a larger fee if I had known something bad was about to happen. Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
Thats what the miners want. "invite" us to use larger fees. so the beauty of bitcoin is losing his powers.
if bitcoin will became slow and non economical, why we should use it?
i better use XMR then or, LTC. any other will work fine


I wouldn't blame Miners though. I believe the Problem is because The Network is being spammed. I sent Payment and got 4 Confirmations within 20 minutes but I had another transaction still unconfirmed for about 6 hours now.
This is right thats why there are lots of unconfirmed transactions because of the network is being spammed by transactions and mostly of them are on hyip sites or doubler that do exist online and we do know they process payout on hourly basis and which do make many transactions and we do experience it lately before.
hero member
Activity: 2100
Merit: 794
Top Crypto Casino
January 24, 2017, 07:53:17 AM
#50
I still have one unconfirmed transaction, after 16 hours, and that's a bad surprise, because I had made another transaction which went through in 4 minutes, just one hour earlier.

It is shockingly easy to spam the network. I would have been happy to use a larger fee if I had known something bad was about to happen. Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
Thats what the miners want. "invite" us to use larger fees. so the beauty of bitcoin is losing his powers.
if bitcoin will became slow and non economical, why we should use it?
i better use XMR then or, LTC. any other will work fine


I wouldn't blame Miners though. I believe the Problem is because The Network is being spammed. I sent Payment and got 4 Confirmations within 20 minutes but I had another transaction still unconfirmed for about 6 hours now.
hero member
Activity: 2268
Merit: 870
January 24, 2017, 07:47:32 AM
#49
Easy solution use one of the other coins if the unconfirmed BTC transactions are over 10,000.

If BTC miners are going to play games to jack up the fees you have to pay.
Use another coin , they are cheaper and faster anyway than BTC with none of these shenanigans.

LTC, Doge, Eth and others are all running normally.


 Cool



What about hard forks which Etherium has? Litecoin was good and popular when it was new but now personally I can't see further develop of this coin. Also hard forks aren't normal for mostly known altcoins because it's lowering trust on people's vision.
As lauda said bitcoin team isn't going for any fork in future and won't happen but that lost bitcoins are very bad. In real life some people has billions and most people are poor, so I think lost bitcoins won't affect anything but there is chanse of growing it's number.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
January 24, 2017, 07:33:28 AM
#48
Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
The core client gives you an estimate of how many blocks it will take to confirm your transaction and allows you the option of changing the fee to speed it up to a faster estimate.



Thanks for info. I used for it for a long time, but I changed when the blockchain passed over 50 Go.
I'm now with Electrum, which has a feature to tell when the confirmation time will be, but only after a transaction is signed. It says 25 blocks for my last transaction. Not very useful...
newbie
Activity: 42
Merit: 0
January 24, 2017, 07:09:43 AM
#47
I still have one unconfirmed transaction, after 16 hours, and that's a bad surprise, because I had made another transaction which went through in 4 minutes, just one hour earlier.

It is shockingly easy to spam the network. I would have been happy to use a larger fee if I had known something bad was about to happen. Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
Thats what the miners want. "invite" us to use larger fees. so the beauty of bitcoin is losing his powers.
if bitcoin will became slow and non economical, why we should use it?
i better use XMR then or, LTC. any other will work fine
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 24, 2017, 07:07:00 AM
#46
maybe too many transactions are done simultaneously, thus making the system of blockchain work slowly, and going unconfirmation. maybe but I think it will improve quickly. I think this kind of thing happens. all it takes is a little patience  Wink.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
January 24, 2017, 07:01:31 AM
#45
Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.
The core client gives you an estimate of how many blocks it will take to confirm your transaction and allows you the option of changing the fee to speed it up to a faster estimate.

newbie
Activity: 42
Merit: 0
January 24, 2017, 06:59:57 AM
#44
...
The spammer increasing their fees just causes legitimate transaction fees to increase since wallets use dynamic fee calculators, this prices the spammer out of the blocks since transaction fees are relatively small for the legitimate users but large for the spammer(since they are trying to buy a lot of block space). Without a cap fees would likely be too low to price the spammer out of the blocks.

The point of the spam is not to buy blockspace since there is way too much spam for that, or even compete with the ham but only to spam the nodes. Fee filters are not a defense since the spammer sets her fees above the filter but below the ham. 
if bitcoin core developers will resist to increase block size, we can say good bye to bitcoin.
as without confirmations it is nothing more than rubbish
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