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Topic: Sick of the confirmation time... - page 4. (Read 4253 times)

member
Activity: 69
Merit: 10
March 19, 2015, 01:03:04 AM
#29
There is no reason to put in a $4.00 miner fee other than a thank you to the miners   Wink

.001 works just fine
legendary
Activity: 1904
Merit: 1074
March 19, 2015, 12:46:24 AM
#28
The thing is, if you buy a cup of coffee or a meal you would have to pay before you receive the food, to enable you to leave the shop after the confirmation was received. *joke.

It can result in some strange scenarios happening, if the merchant is full of s#%%&  Grin Grin

It's not a issue, when you use it for online purchases, and you have to wait for shipment etc... but it can become a issue if it goes mainstream and you use it for daily shoping and entertainment.
full member
Activity: 574
Merit: 104
March 18, 2015, 11:54:06 PM
#27
LTC confirms much faster.

not only that one, actually almost EVERY fuckin' coin out there confirms faster
hero member
Activity: 493
Merit: 500
March 18, 2015, 07:34:48 PM
#26
LTC confirms much faster.

This is a disturbingly common misconception.  The security afforded by a 2.5 minute average confirmation block is 1/4 that of a 10 minute average confirmation block.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
March 18, 2015, 07:24:28 PM
#25
LTC confirms much faster.

"Buy my LTC"
So what? Bitcoin network is much bigger that LTC so it is understandable that processed transaction per minute are much, much larger in numbers.
The only problem is when you are waiting for confirmation because you need to use your bitcoin already and you can use 'new' coins because they are not confirmed and frozen.
full member
Activity: 171
Merit: 100
March 18, 2015, 07:12:00 PM
#24
Bitcoin is slowing down... Sell, sell! 250 and falling... Tongue
legendary
Activity: 896
Merit: 1000
March 18, 2015, 07:11:22 PM
#23
slow confirmations are annoying but complaining won't help you here.
some times it takes 40 minutes to get 1 confirmation, and some times you get 3 confirmations within 10 minutes.
sr. member
Activity: 308
Merit: 250
March 18, 2015, 06:48:58 PM
#22
LTC confirms much faster.

"Buy my LTC"
legendary
Activity: 1120
Merit: 1000
March 18, 2015, 06:46:03 PM
#21
it is something really anoying.... I have always thought it is something that has to have a solution for a good future of the bitcoin

you can use this site to have an alarma when transaction is confirmed http://blockconf.openbitlab.com/
legendary
Activity: 1372
Merit: 1014
March 18, 2015, 06:39:26 PM
#20
LTC confirms much faster.
sr. member
Activity: 308
Merit: 250
March 18, 2015, 06:37:45 PM
#19
I've had the first confirmation take a while sometimes, missing a few blocks, but once its picked up it gets repeatedly confirmed with every block. How do you have 1 confirmation and then it's ignored for 2 hours?
full member
Activity: 574
Merit: 104
March 18, 2015, 06:26:31 PM
#18
Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol


you're in the wrong spot here. In this place everyone will tell you how happy they are with it and how it's not an issue and how it can't be avoided and how zero confirms are enough and what not. To be honest, i'd tell you i agree and prefer faster alts.  Wink
Bitcoin isn't superior to many alts. You got that right.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
March 18, 2015, 06:14:29 PM
#17
I can live with it. Some of the other coins can be horrific. I waited 6 hours for some NXT to show up on an exchange once upon a time.
hero member
Activity: 658
Merit: 500
March 18, 2015, 06:09:29 PM
#16
People who are “sick of the confirmation time” don't understand that you can accept payments with 0 confirmations just fine.

Still it doesn't help when you want to move your funds to an exchange or some other place that doesn't allow you to use your money without multiple confirmations.
I had a number of transactions with a normal fee, that took more than an hour to confirm, which is quite annoying.

In my experience as a buyer, when I've paid for stuff online, I've never had to wait for 1 confirmation. Most payments went through BitPay, who gladly accepts 0 confirmations. The issue with exchanges... well, their business is to handle money, so it's reasonable for them to be totally sure they get the confirmation.
hero member
Activity: 658
Merit: 500
March 18, 2015, 06:08:20 PM
#15
Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol

They are a wined up to say the least, i have had them take over 2 hours before for just one confirmation was kind of scared to whether they would ever confirm it and it was not a small amount so i was on edge for awhile lol You are not the only one who would like to confirm faster. I would have avoided paying the extra miners fee unless you are feeling generous because like you have found out does not speed it up unfortunately.
sr. member
Activity: 406
Merit: 250
March 18, 2015, 06:03:40 PM
#14
Yeah it is okey if you don't need confirmations but when you need them it can really be an issue. Wish that improved.
full member
Activity: 357
Merit: 130
March 18, 2015, 05:54:22 PM
#13
You are not the only one.
I had it the other day when I was trying to buy from Takeaway.com.

I needed to transfer funds to the Mycelium wallet on my phone and it took over 10 minutes. I wasn't that bothered because I just did something else while I waited but by the time the funds had arrived the QR code on takeaway had expired and I had to generate a new invoice.
hero member
Activity: 868
Merit: 1000
March 18, 2015, 05:28:00 PM
#12
People who are “sick of the confirmation time” don't understand that you can accept payments with 0 confirmations just fine.

This is not in the ops hand he sounds like the buyer so that would mean contacting the seller and saying look buddy just accept my bitcoin with no confirmations as i am sick of how long it takes to confirm. Not sure the seller will really care if i am honest, what do you think?

That aside it would be much better if more most places could accept with 0 confirms the only one i know is luckybit,  it can be annoying for me as well sometimes 10mins other times near on an hour so yeh op you are not alone.
sr. member
Activity: 756
Merit: 250
Infleum
March 18, 2015, 05:27:05 PM
#11
People who are “sick of the confirmation time” don't understand that you can accept payments with 0 confirmations just fine.

Still it doesn't help when you want to move your funds to an exchange or some other place that doesn't allow you to use your money without multiple confirmations.
I had a number of transactions with a normal fee, that took more than an hour to confirm, which is quite annoying.
jr. member
Activity: 56
Merit: 1
March 18, 2015, 05:26:06 PM
#10
People who are “sick of the confirmation time” don't understand that you can accept payments with 0 confirmations just fine.

Except when you're working on somebody elses rules and waiting for payment to clear before you can use a service.
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