Only 9300 unconfirmed transactions today - page 2.

Booooooo

member

Activity: 107

Merit: 10

Quote from: farhaan on February 08, 2018, 09:01:25 AM

If i'm not wrong,there were almost 300k unconfirmed transactions during christmas making it very difficult to even sell bitcoins to enjoy the high price.Such a situation even made steem to get back from accepting bitcoin payments.

But now,today there were only 10,000 unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

Is this due to the beginning of the functioning of the lightning network in the bitcoin network? Transactions have become very fast, this should be reflected in the price of bitcoins.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: Aura on February 08, 2018, 10:10:37 AM

You're right, the mempool was really high during Christmas. This development is great for micro-payments, because it means lower fees. This graph shows that the fees are decreasing with the mempool: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html.

Yeah the mempool has been cleared since a week now, even 2-3 sat/byte are enough for confirmation in the next block or 2 blocks. Right now only the 1 sat and such older transactions are left in the pool.

JPCain

jr. member

Activity: 49

Merit: 10

Bitcoin is in as stronger place as its been for a while. Some great developments in the background weak hands have sold.

For me the only risk is the value of the Crypto Market Cap. Whales could buy up and control the market for the foreseeable future

supermine

hero member

Activity: 826

Merit: 518

Quote from: farhaan on February 08, 2018, 09:01:25 AM

If i'm not wrong,there were almost 300k unconfirmed transactions during christmas making it very difficult to even sell bitcoins to enjoy the high price.Such a situation even made steem to get back from accepting bitcoin payments.

But now,today there were only 10,000 unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

It shows that now people are started to hold bitcoins so it is good news and the price will increase if they continue to hold.Yeah at the time of Christmas there were nearly 300K unconfirmed transactions and the fee for a single transaction is get into $100 for a simple transaction too.But the bitcoin community needs to implement the lightning network as soon as possible because there will be traffic again if the price bumps so lightning network is the permanent solution to clear the number of unconfirmed transactions.Thee fee is very very cheap now only fraction in a dollar that is a good thing.

Catch-22

member

Activity: 364

Merit: 16

https://crowdsale.network

It's understandable since at times like this when we HOLD until we can. I think buying is also affected by the price since it has been into dip for sometime now. Bitcoin investors are having second thoughts on buying.

captin crunch

sr. member

Activity: 630

Merit: 253

Quote from: farhaan on February 08, 2018, 09:01:25 AM

If i'm not wrong,there were almost 300k unconfirmed transactions during christmas making it very difficult to even sell bitcoins to enjoy the high price.Such a situation even made steem to get back from accepting bitcoin payments.

But now,today there were only 10,000 unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

In the end of December everything was overloaded, it was boom of buying and selling, no it is going its normal way.

Kravious

newbie

Activity: 56

Merit: 0

Bitcoin right now, since it is almost known worldwide would undergo natural growth. Well, i'm hoping that those people investing in stocks would convert to investing in crypto. That would surely boost the value rapidly. Angry

GREATLOVE

member

Activity: 252

Merit: 10

Quote from: farhaan on February 08, 2018, 09:01:25 AM

If i'm not wrong,there were almost 300k unconfirmed transactions during christmas making it very difficult to even sell bitcoins to enjoy the high price.Such a situation even made steem to get back from accepting bitcoin payments.

But now,today there were only 10,000 unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

So, that means that if bitcoin get up there are a lot of unconfirmed transactions than today. I think because if bitcoin getting higher there area lot of holders will sel and when in down there are a lot of investor who holds.

Aura

sr. member

Activity: 518

Merit: 268

You're right, the mempool was really high during Christmas. This development is great for micro-payments, because it means lower fees. This graph shows that the fees are decreasing with the mempool: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html.

farhaan

sr. member

Activity: 392

Merit: 250

If i'm not wrong,there were almost 300k unconfirmed transactions during christmas making it very difficult to even sell bitcoins to enjoy the high price.Such a situation even made steem to get back from accepting bitcoin payments.

But now,today there were only 10,000 unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

Topic: Only 9300 unconfirmed transactions today - page 2. (Read 309 times)