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Topic: transactions are not going or very slow - page 3. (Read 2388 times)

legendary
Activity: 992
Merit: 1000
At the rate things are going, Core is basically going to guarantee the success of altcoins. Segwit won't be ready for months, possibly longer, and LN won't be ready for years. In the meantime, they have no plans to increase the blocksize (other than through segwit, which isn't a true blocksize increase)

It's F'ing ridiculous. It's madness. It's insanity. Let's all just go crazy.

Looks like the central bankers' $75 million investment in BlockstreamCore is paying dividends.
hero member
Activity: 1092
Merit: 523
yes its slow but not stop/ i have done so many trasection in short time.
It wouldn't be really slow if you payed quite a good amount of transaction fee to boost up your priority in the blockchain. Or at least I think that's how it works. The slowest I've ever had was 2 hours and the fastest one was nearly an instant.
full member
Activity: 224
Merit: 100
yes its slow but not stop/ i have done so many trasection in short time.
hero member
Activity: 812
Merit: 1001

Isn't Bitcoin Core supposed to adjust fees in order to make transactions go through faster? Default payments I make take like 6 hours. And blockchain. info lists them as "high priority" "will be confirmed very soon"... what can I do about this?


You can adjust the fees manually before broadcasting to try to outbid others trying to transact.
You can find "recommended" fees here, https://bitcoinfees.21.co/
(with any luck, you wont mess up and send all your bitcoins to the miner by mistake)
Or use rbf and keep upping the fee as required.
Neither is a realistic option for the average user.

In the battle for scarce (1mb) block space, your fee was (assuming you did pay a "recommended" fee) superseded by higher "recommended" fees.
If more than a few thousand transactions are paying the same fee as you, a higher "recommended" fee will be put in place.
You are now less prioritised than any new transaction with the higher "recommended" fee.
If there become lots of higher fee transactions in the mempool, (maybe a block is not found for a while) you will be pushed down the priority queue.

Not much else to do, this is cores planned fee market in operation.
Completely unworkable BS about to unravel.

One of my explanations of why your fee was possibly not enough for fast confirmation.
https://bitcointalksearch.org/topic/m.15218943

member
Activity: 111
Merit: 10
“Everyone Is A Bank”
maybe its the problem of blockchain but we should understand if some transaction takes time to confirm cause theres a lot of request they are doing.
member
Activity: 106
Merit: 10
"Highest ROI crypto infrastructure"
I dont have an issue on transactions  but the service is slow  but I understand it cause theres a lot of transaction to processed.
legendary
Activity: 2674
Merit: 2965
Terminated.
We are the same problem man, I have my transaction yesterday, and i though that it will finish this morning but it didnt. It lasted 13 hours and still counting.
The problem is on your end. The network is functioning fine. You need to educate yourself on including proper fees.

Yup, there is a day that is really slow about confirming all of the transactions.
Bullshit. The transactions confirm almost equally on average (variations on block intervals can occur) each day.

I remember i experience 24 hrs and they didn't confirm it. But i recieve it after 28 hrs. So don't worry.
That's what happens when you include inadequate fees.
full member
Activity: 224
Merit: 100
just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??

Yup, there is a day that is really slow about confirming all of the transactions. But don't worry, you will always get that amount on your wallet. I remember i experience 24 hrs and they didn't confirm it. But i recieve it after 28 hrs. So don't worry.
full member
Activity: 210
Merit: 100
just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??
i also had this problem yesterday, my transaction took about 7 hours to get 6 confirmations my fee was (0.0002 btc). i wonder whether this has anything to do with the price rise we've seen in btc for the past few weeks.
We are the same problem man, I have my transaction yesterday, and i though that it will finish this morning but it didnt. It lasted 13 hours and still counting.
hero member
Activity: 756
Merit: 500
just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??
i also had this problem yesterday, my transaction took about 7 hours to get 6 confirmations my fee was (0.0002 btc). i wonder whether this has anything to do with the price rise we've seen in btc for the past few weeks.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??
Heh... Maybe have a problem in all of the place not only on android but on the desktop and another too... withdrawals be slow and take a long time to wait for block confirmation, Many people experience it now.
legendary
Activity: 3430
Merit: 3080
Isn't Bitcoin Core supposed to adjust fees in order to make transactions go through faster? Default payments I make take like 6 hours. And blockchain. info lists them as "high priority" "will be confirmed very soon"... what can I do about this?

Are you actually the "system administrator of the SatoshiDice network"?
newbie
Activity: 30
Merit: 0
Isn't Bitcoin Core supposed to adjust fees in order to make transactions go through faster? Default payments I make take like 6 hours. And blockchain. info lists them as "high priority" "will be confirmed very soon"... what can I do about this?
sr. member
Activity: 294
Merit: 250
You need to age your coins, or only pick the oldest inputs to make up your output, otherwise you will be low priority.

I've been tempted to make this point myself recently, but I'm not sure how much practical difference it makes. I've been using a mixture of pretty old and pretty new outputs since the blocks finally started becoming full, and it was helping a few months ago. But today, I think most miners have altered the way they treat tx priority, in anticipation of the entire scheme being dropped in favour of a pure fee market to determine confirmation priority. Only anecdotal evidence though, I don't know for a fact if significant numbers of miners actually have changed priority treatment, it just appears that way.

Older coins make sence only with free transactions (the ones without a fee). Because not many free transactions are confirmed daily lately (few dozens daily), you should not hope for free transaction to be confirmed - and especially today when mempool is full of decent fee paying transactions. By the way, Bitcoin clients 0.12 and above just drops no fee transactions by default and not broadcast to other nodes at all.

If you set a fee and use old coins you only increase the chance for your transaction to be confirmed by very little because tx priority is mainly fee/size based, and just some miners add few free transactions where tx priority is based on age of inputs and Bitcoin amount regardless of fees.
hero member
Activity: 574
Merit: 500
there are a lot of unconfirmed transactions on the network right now. (+18000 right now on blockchain.info)
so that is the reason you may face more delay in getting the first confirmation or you need to pay more fees
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
The Core devs have dragged their feet long enough that blocks are completely full of fee-paying transactions.
Not really.



We have now entered a phase where users enter a bidding war to use Bitcoin. There is no amount of fee that will actually increase throughput, it will only boot someone else's transaction out of that block. Paying more doesn't make the bus carry more riders.
It's a fee market and you get what you pay for.
Thankfully, there are alternatives to Bitcoin, and people will use them more and more after getting frustrated with BTC.
This is a weak arguement, bitcoin is the currency with the most active development and although the issues you talk about aren't as dramatic as you try to present them, several developers are actively working on addressing them. Altcoins don't exist without bitcoin.
full member
Activity: 181
Merit: 100
The Core devs have dragged their feet long enough that blocks are completely full of fee-paying transactions.

We have now entered a phase where users enter a bidding war to use Bitcoin. There is no amount of fee that will actually increase throughput, it will only boot someone else's transaction out of that block. Paying more doesn't make the bus carry more riders.

Thankfully, there are alternatives to Bitcoin, and people will use them more and more after getting frustrated with BTC.
legendary
Activity: 2674
Merit: 2965
Terminated.
No. The problem is you and the reason is:
Your fees are low.

same for me sent 6 hours ago.....no confirms. Standard fee.
There's no such thing as a standard fee. The recommended fee in satoshis/byte changes constantly.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
just started yesterday, several times to send the bitcoins to other addresses are not seem to be working well. used android bitcoin wallet and also greenaddress to send several times. most of them are not working or few of them happened very slow (had to wait overnight). Anyone else experiencing??

i think its in the wallet that you are using , maybe it has a problem why not try to some other wallets ?  you can go to blockchain and create your wallet there and maybe you can also use coinbase i think it up to good now . or if its not in your wallet i don't know what is the cause of that problem .
sr. member
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
i guess you just have to include higher fees than you do right now because more transactions are done
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