Topic: Once again, please explain to me why this is acceptable... (Read 957 times)
I admit it's irritating to wait a dozen of hours for a transaction to complete. Specially in the case you are purchasing a service for exemple that you need to get started asap and not tomorrow.I start to be tired to anticipate such things. Since we are used to complete instant transactions with fiat it is even more frustating. I was using Bitcoin for some services recently but sue to this, no choice to return to fiat. And of course others parties you deal with don't care if your transaction takes hours. No money no service. At least dealing with people you know well they understand the problem and can start to work before the transactions complete
as far as users are concerned, this is not at all acceptable. and we are feeling the effect of it whether by having to wait long period of time or by having to pay much higher fees and still wait.
as far as miners are concerned it seems like they are enjoying their 1BTC-1.25BTC total fee per block.
as far as developers are concerned they only seem to be wanting to say their own solution is good and the other solution is shit, and there is no middle ground so far.
it is also free in other countries such as Iran, just adding
i can purchase things with my debit card online or from the shops pos for free or i can transfer money for free online through my account on the bank website with 2 options of immediate transfer or taking up to 2 hours transfer.
as far as miners are concerned it seems like they are enjoying their 1BTC-1.25BTC total fee per block.
as far as developers are concerned they only seem to be wanting to say their own solution is good and the other solution is shit, and there is no middle ground so far.
Bank-to-bank fiat transfers within the UK are free and instant. Just saying....
it is also free in other countries such as Iran, just adding
i can purchase things with my debit card online or from the shops pos for free or i can transfer money for free online through my account on the bank website with 2 options of immediate transfer or taking up to 2 hours transfer.
Bank-to-bank fiat transfers within the UK are free and instant. Just saying....
Yeah this is getting to the point these fuckers need to fix it or a competitor needs to come and stomp Bitcoin out the game.
A competitor ? Who ? A shitcoin born yesterday ? Look at the statistics of the best altcoin and they're not even as half as good as bitcoins.Stomping bitcoin out of the game is way far fetched.On the issue,yes the unconfirmed transactions are a temporary problem which would be fixed in the next development phases hopefully.If you have a better solution,please fork the project already.already. Whinning never helped anybody.
It won't happen today and tomorrow, but if Segwit/LN/blocksize-increase/keep-status-quo parties keep on blocking each other, it certainly WILL happen.
Yeah this is getting to the point these fuckers need to fix it or a competitor needs to come and stomp Bitcoin out the game.
A competitor ? Who ? A shitcoin born yesterday ? Look at the statistics of the best altcoin and they're not even as half as good as bitcoins.Stomping bitcoin out of the game is way far fetched.On the issue,yes the unconfirmed transactions are a temporary problem which would be fixed in the next development phases hopefully.If you have a better solution,please fork the project already.already. Whinning never helped anybody.
Some of us here really don't accept it, they got irritated easily and losses the patience in waiting especially when they need the confirmation immediately. But we don't have the ability to fix it, in fact; all we need to do is to wait. Sometimes it takes time before it confirmed.
Only thing the users can do is Pay Higher Transaction Fees or use Different Coins.
Some of us here really don't accept it, they got irritated easily and losses the patience in waiting especially when they need the confirmation immediately. But we don't have the ability to fix it, in fact; all we need to do is to wait. Sometimes it takes time before it confirmed.
Its frustrating, for sure. I, myself, am affected with 1 transaction unconfirmed for roughly 12 hours now. Not the end of the world, but frustrating. This certainly needs a definitive solution 
This is not the first time that happened often here in the blockchain, so there is no need to be angry or mad, though I know that most of us needed that money but we can't do anything about it, even if we get mad about this, this would not solve the problem, so, the right thing to do is to wait until blockchain solves this problem. Blockchain didn't want something like this to happen either. It is just because of our unrestrained population growth here in the bitcoin network.
All we have to do is to relax, and let the experts to this thing, I'm sure that BU is working on it or maybe the SEgwit. Please be patient guys.
sometimes I think that with increasing rate of unconfirmed transactions aso what will happen in future when people all over the world will use it like daily needs and then may be we would have to wait in such a long quee or we might have to pay huge fees so these things should be solved as soon as possible for future reliability to the currency
It is NOT acceptable, but what shall we do, i think the devs have realized that they should do something,
The developers have already finished their (first step of the) job. I finished my part of the job. Now it's your turn. Act or complain?!
I my self is having a problem today, I send few satoshis to my wallet from my signature campaign, oh well, it is now almost 24 hours in the blockchain and still unconfirmed. What can I do with this, I cannot set the right amount of tx fee as the site where I am enrolled is the one dictating it and I have nothing to do about it.
With that, all I can do is to wait til the transaction is confirmed.
With that, all I can do is to wait til the transaction is confirmed.
Yeah this is getting to the point these fuckers need to fix it or a competitor needs to come and stomp Bitcoin out the game.
I have few transactions with 100 satoshi per byte fee stucked for more than hours.
Looks like half of this unconfirmed transaction are with 60-80 satoshi/byte fee. https://bitcoinfees.21.co/
So this may not be just low fee spam.
Looks like half of this unconfirmed transaction are with 60-80 satoshi/byte fee. https://bitcoinfees.21.co/
So this may not be just low fee spam.
Yep, I had withdrawn some money from 2 exchanges and in both cases the fee they used was about 77 sat/byte.
I still hope to get the first confirmation in the next 1-2 hours, although the mempool is 56 MB and rising.
Has anyone analysed the fee structure of the uncnfirmed transactions. Are any of them low fee spam transactions?
I have few transactions with 100 satoshi per byte fee stucked for more than hours. Looks like half of this unconfirmed transaction are with 60-80 satoshi/byte fee. https://bitcoinfees.21.co/
So this may not be just low fee spam.
The number of bitcoin transactions is getting bigger and bigger and that is really frustrating ! At first i think it is just an hoax but now wow! i dont even think that it will happen. Transaction now a days is really takes a lot of time before you received it. I hope soon that it could be resolved
Is this getting higher as days go by?
This is unacceptable but I think those transaction are with lower fees.
We cant see it right? We cant judge it just like that or can rely on this numbers for which maybe are just spamming the transactions.
We know there are faucets who pays directly to btc accounts and could have some percentage there.
This is unacceptable but I think those transaction are with lower fees.
We cant see it right? We cant judge it just like that or can rely on this numbers for which maybe are just spamming the transactions.
We know there are faucets who pays directly to btc accounts and could have some percentage there.
https://blockchain.info/unconfirmed-transactions
One must be out of their mind to believe bitcoin will grow or become globally recognized with a problem as debilitating as this.
One must be out of their mind to believe bitcoin will grow or become globally recognized with a problem as debilitating as this.
This may be a problem today but possibly it will no longer be a problem in the future. Even if the blocksize will not increase but if there will be additional miners and new mining technology that is a thousand times more powerful than our mining rig today the problem on block confirmation will be just a kids problem. We dont need to worry since our technology moves faster to answer the issue that we are having today.
it is simple we need to upgrade. not just the block size but also a new upgrade to fight the spam attack. increasing the fees is not a solution to fight spam but a way to give more money to greedy miners.
this is obviously not all legit transactions! out of this 80K there is at least 50K spam transaction.
the spam transactions are no longer low fee, they actually include higher fees than normal sometimes.
this is obviously not all legit transactions! out of this 80K there is at least 50K spam transaction.
Has anyone analysed the fee structure of the uncnfirmed transactions. Are any of them low fee spam transactions?
the spam transactions are no longer low fee, they actually include higher fees than normal sometimes.
The amount of unconfirmed transactions is one of the biggest problems for Bitcoin in my opinion. It makes it hard top use for everyday payments. Waiting hours for a confirmation is not a feature to sell Bitcoin to new merchants or new users to buy their Starbucks Coffee.
I suspect though that a solution will need to be forced in 2017, either cores solution with SegWit wins and a second tier solution will be adopted, or BU gets a stronghold and bigger blocks are allowed.
Either way, the problem need to be solved or another player will step up and offer a more compelling solution. We might find ourselves using an altcoin instead if Bitcoin doesn't offer a working payment method for day to day transactions.
I suspect though that a solution will need to be forced in 2017, either cores solution with SegWit wins and a second tier solution will be adopted, or BU gets a stronghold and bigger blocks are allowed.
Either way, the problem need to be solved or another player will step up and offer a more compelling solution. We might find ourselves using an altcoin instead if Bitcoin doesn't offer a working payment method for day to day transactions.
It is NOT acceptable, but what shall we do, i think the devs have realized that they should do something,
but guess what, it seems they don´t care. Maby BTC was the first and original one, but wont be the one which will be used in the end ...
but guess what, it seems they don´t care. Maby BTC was the first and original one, but wont be the one which will be used in the end ...
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