Topic: Speeding up Bitcoin Transaction Confirmation Times (Read 3723 times)
I saw most of the users are getting a delay in transaction confirmation time so I decided to include double transaction fee to see if it works fine or not but it worked. I use blockchain web wallet and I manually included the double fees (than the fees suggested by them). If you have very urgent transaction then do include double fees for speeding up the transaction.
You can use this service called paying a higher fee to take priority over people who paid a lower fee. What would the higher fee be you ask? It depends on the day. Check https://bitcoinfees.21.co/ before you hit send. As of right now 100 Satoshis per byte will be plenty.
If there was some way, everyone would use it and in the end would end up making no difference. Unfortunately raising rates is a solution for you and not for Bitcoin, which should be thought of (already being) and implemented.
the solution is increasing the block size which sadly doesn't seem to be happening. and then on top of that there are groups of people spamming the network and making the situation even worse than it should be.
so we end up paying higher and higher fees.
so we end up paying higher and higher fees.
Only the stupid & sheep keep paying higher & higher fees.
Smart people just use an alt like LTC or ETH (when BTC's unconfirmed transactions are over 10 thousand) and bypass the BTC greedy miners completely.
If you don't punish them for being greedy and immoral , they will steal from you all day long.
no, only an idiot gives up bitcoin and moves on to altcoins specially altcoins as bad as ethereum which are full of bugs, centralized and with all the hard forks look like a swiss cheese!
and i am sure you agree with me on this otherwise you wouldn't have been here saying all this
because someone who isn't holding bitcoin or getting paid will never waste his time saying the same lies over and over on bitcoin forum!!!
Only a idiot and slave uses a crappy service when better ones are available,
If you don't like Eth, Use LTC , it is still Chinese Controlled and unlike BTC it is running very well.
And if you don't like LTC either, find one you do like and quit paying for BTC crappy service.
Until the users take a stand , nothing will be done by the miners or BTC core.
They will treat you like the slaves you are acting like.
FYI:
I never hold more than $50 of BTC, because I never know when the Chinese that manipulate BTC are going to crash it.
Some of us care more about the Truth , than lying to make a profit.
FYI2:
You people need to decide if you are free men or slaves.
If you need a service performed and their are competing coin providers available.
BTC Network saids it will cost more and take longer, and your only recourse is to Wait as long as they say wait.
The Slave meekly saids ok and waits out of fear of upsetting the BTC network.
The Free Man tells the BTC Network to get your Shit Together if you expect me to continue doing business with you.
And while the BTC network is unable to meets the requirements , that his business requires , he will use another coin that meets those requirements until they do.
So the only real question left is which are you ?
Free Man or Slave ?
the solution is increasing the block size which sadly doesn't seem to be happening. and then on top of that there are groups of people spamming the network and making the situation even worse than it should be.
so we end up paying higher and higher fees.
so we end up paying higher and higher fees.
Only the stupid & sheep keep paying higher & higher fees.
Smart people just use an alt like LTC or ETH (when BTC's unconfirmed transactions are over 10 thousand) and bypass the BTC greedy miners completely.
If you don't punish them for being greedy and immoral , they will steal from you all day long.
no, only an idiot gives up bitcoin and moves on to altcoins specially altcoins as bad as ethereum which are full of bugs, centralized and with all the hard forks look like a swiss cheese!
and i am sure you agree with me on this otherwise you wouldn't have been here saying all this
because someone who isn't holding bitcoin or getting paid will never waste his time saying the same lies over and over on bitcoin forum!!!
the solution is increasing the block size which sadly doesn't seem to be happening. and then on top of that there are groups of people spamming the network and making the situation even worse than it should be.
so we end up paying higher and higher fees.
so we end up paying higher and higher fees.
Only the stupid & sheep keep paying higher & higher fees.
Smart people just use an alt like LTC or ETH (when BTC's unconfirmed transactions are over 10 thousand) and bypass the BTC greedy miners completely.
If you don't punish them for being greedy and immoral , they will steal from you all day long.
Only way that it's even remotely possible to do something like this is to pay more for the fee, I know it sucks and we all think bitcoin is wonderful and all but money backs the world go round.
In this case, money makes the network run, lightning speed!
In this case, money makes the network run, lightning speed!
the solution is increasing the block size which sadly doesn't seem to be happening. and then on top of that there are groups of people spamming the network and making the situation even worse than it should be.
so we end up paying higher and higher fees.
so we end up paying higher and higher fees.
I think increasing transaction fee will hurt bitcoin in the long run.
I'm feeling now the fee will continue to increase which will defeat the
purpose with using bitcoin, faster and easier micro-transaction. But now,
the growing mining fee will not be fit for small transactions. I think
someone will need to step up, bitcoin dev or core team, otherwise
we will look for other option much cheaper transaction fees.
I'm feeling now the fee will continue to increase which will defeat the
purpose with using bitcoin, faster and easier micro-transaction. But now,
the growing mining fee will not be fit for small transactions. I think
someone will need to step up, bitcoin dev or core team, otherwise
we will look for other option much cheaper transaction fees.
I think the only way to speed up the confirmation of the transaction is increase amount of fees of the recommended. provided that the transaction can be confirmed I think waiting is not a big problem
Increase the fees based from what is the suggested fee on your wallet client. Aside from that method, there are no other ways to speed up transaction confirmations on the network. Even the service that you mentioned just uses that method I have given. And honestly, this is the only way I could see to speed things up.
No, i don't see.
Bitcoin is a network.
You don't follow the rules, you wait.
Deal with it.
solution :
emit transactions on holes from this ressource : http://statoshi.info/dashboard/db/memory-pool?from=1485644134958&to=1486248934958
Bitcoin is a network.
You don't follow the rules, you wait.
Deal with it.
solution :
emit transactions on holes from this ressource : http://statoshi.info/dashboard/db/memory-pool?from=1485644134958&to=1486248934958
I agree.
Just wondering, how did you insert a GIF into your post? This could definitely be something that I would use.
No, i don't see.
Bitcoin is a network.
You don't follow the rules, you wait.
Deal with it.
solution :
emit transactions on holes from this ressource : http://statoshi.info/dashboard/db/memory-pool?from=1485644134958&to=1486248934958
Bitcoin is a network.
You don't follow the rules, you wait.
Deal with it.
solution :
emit transactions on holes from this ressource : http://statoshi.info/dashboard/db/memory-pool?from=1485644134958&to=1486248934958
Im not aware of any others, i would suggest that in these times you just increase your fee, which sucks i know but it seems to be the only way.
fee war:
140/byte - https://bitcoinfees.21.co/
= 0.00063000 for average 450byte tx ($0.65c)
= 0.00031640 for leanest 226byte tx ($0.33c)
Cuba see a lean tx costing 6hrs36mins minimum wage. see an average tx costing 13hrs minimum wage.
Georgia see a lean tx costing 6hrs36mins minimum wage. see an average tx costing 13hrs minimum wage.
gambia see a lean tx costing 2hrs32mins minimum wage. see an average tx costing 5hrs minimum wage.
egypt see a lean tx costing 1hrs2mins minimum wage. see an average tx costing 2hrs5mins minimum wage.
and so on
anyone see the problem yet
Im not aware of any others, i would suggest that in these times you just increase your fee, which sucks i know but it seems to be the only way.
Besides this the only other recommendation is if you know you are going to send money a particular day then do your best to try to do that earlier that way whoever is waiting for that money will not have to wait that long for the transaction to be confirmed.
Im not aware of any others, i would suggest that in these times you just increase your fee, which sucks i know but it seems to be the only way.
I've recently been getting some pretty long transaction confirmation times. It may just be a product of bad luck, or my fee may be too low. However, using ViaBTC to speed up the process doesn't always work.
What are some other web services that I can use to speed up my confirmation time? Thanks
What are some other web services that I can use to speed up my confirmation time? Thanks
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