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Topic: Unconfirmed Transactions Problem - page 5. (Read 9372 times)

legendary
Activity: 3542
Merit: 1352
October 27, 2016, 02:45:14 AM
Made another transaction and this time, I raised the fee to a total of 0.000856 and I made the tx at exactly 7 hrs from now, still no confirmation or anything. This is annoying specially for people who wanted to do quick transactions. I just hope that the tx that I made 2 days ago would just be cancelled, and I'll just raise the fees for it to confirm (hopefully) faster.
sr. member
Activity: 251
Merit: 250
October 27, 2016, 02:38:10 AM
Yes, today transaction is delayed too long. Huh
I hope it will get fixed soon.

Finally my transaction is processed after I am raising the fee Roll Eyes
sr. member
Activity: 434
Merit: 250
October 27, 2016, 02:33:28 AM
Well im lucky that these unconf. thing happened to me. Yes I could make 10% profit on trading but hey for these 2 days i made solid 7% with the rise of BTC Cheesy so atm i dont care for this problem. Maybe its even good because ppl. cannot sell their BTC what is a reason for demand/supply issues. (price will maybe rise even more)...so again: Sleep and make money Cheesy
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
October 27, 2016, 02:29:14 AM
DAMN !!! finally after 30 hours got 1 confirmation  Grin Grin Grin Grin

I noticed mine at around 32 hours with three confirmations, and it had gotten it's first confirmation at 30.5 hours.  I think that that 3 confirmations is needed for the transaction to be "officially confirmed," but the first one is what takes the longest, and usually the next two will come within the next two blocks, generally less than 30 minutes later.

Wow guys, why do you use a little fee like this?

How is the queue system if 2 transactions have the same fee? Olders first?


What are you talking about?  I think that each of us repeated that we had paid decently high fees.

The fee that I paid was the default calculation of the Mycellium wallet of .00085844 BTC (which was about $.56, and about 51 satoshis per byte).
jr. member
Activity: 118
Merit: 3
Servers professional
October 27, 2016, 02:27:40 AM
We got some transactions unconfirmed for more  than 24 hours.

Never happened such things before. I checked transactions, it looks better now.
sr. member
Activity: 364
Merit: 250
October 27, 2016, 02:20:37 AM
DAMN !!! finally after 30 hours got 1 confirmation  Grin Grin Grin Grin

I noticed mine at around 32 hours with three confirmations, and it had gotten it's first confirmation at 30.5 hours.  I think that that 3 confirmations is needed for the transaction to be "officially confirmed," but the first one is what takes the longest, and usually the next two will come within the next two blocks, generally less than 30 minutes later.

Wow guys, why do you use a little fee like this?

How is the queue system if 2 transactions have the same fee? Olders first?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
October 27, 2016, 01:41:40 AM
DAMN !!! finally after 30 hours got 1 confirmation  Grin Grin Grin Grin

I noticed mine at around 32 hours with three confirmations, and it had gotten it's first confirmation at 30.5 hours.  I think that that 3 confirmations is needed for the transaction to be "officially confirmed," but the first one is what takes the longest, and usually the next two will come within the next two blocks, generally less than 30 minutes later.
legendary
Activity: 3472
Merit: 10611
October 27, 2016, 01:36:55 AM
wow, i did not expect to see the 40K+ unconfirmed transactions to persist this long, damn. is there an spam attack on the network? i can't find anything about it anywhere though!

seems like block size must be increased with an urgency now.

Not really. The mempool has been as high as 190,000 pending txs before. 70,000 is cake-walk.
~~

yes but it never lasted this long.
every time i saw a huge memepool (never seen 190K though apart from the spam attack days) it only lasted half a day tops but it has been 2 days already that memepool is full with ~40K transactions and it doesn't seem to be going down either.

p.s. this is just my random observation of the unconfirmed transactions throughout time, not concrete data analysis!
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 27, 2016, 12:10:28 AM
wow, i did not expect to see the 40K+ unconfirmed transactions to persist this long, damn. is there an spam attack on the network? i can't find anything about it anywhere though!

seems like block size must be increased with an urgency now.
I think "btc shares" the new faucet that is trending today. I think that faucet is the spam transaction thats because many people use it and they are withdrawing @3500 satoshis thats why many transaction is happening. I was shocked because of 40k unconfirmed transaction.
legendary
Activity: 1092
Merit: 1001
October 26, 2016, 11:33:01 PM
wow, i did not expect to see the 40K+ unconfirmed transactions to persist this long, damn. is there an spam attack on the network? i can't find anything about it anywhere though!

seems like block size must be increased with an urgency now.

Not really. The mempool has been as high as 190,000 pending txs before. 70,000 is cake-walk.


What the hell is going on? My transation(fee .0001) got confirmed after 14 hours.

How many bytes was your tx? Sounds like a very low fee for 14 hours ago.
full member
Activity: 182
Merit: 100
★PlayAmo.com★
October 26, 2016, 11:27:54 PM
What the hell is going on? My transation(fee .0001) got confirmed after 14 hours.
legendary
Activity: 3472
Merit: 10611
October 26, 2016, 11:12:53 PM
wow, i did not expect to see the 40K+ unconfirmed transactions to persist this long, damn. is there an spam attack on the network? i can't find anything about it anywhere though!

seems like block size must be increased with an urgency now.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
October 26, 2016, 10:52:32 PM
Im still paying the  high  priority   fees for  transfering bitcoin into  my wallet   but   it takes  still 12 hours in able to complete  the  confirmation which is  really  frustrating  especially when  you  are  in a  hurry  , i dont  know for  some peopel  who already  been waited for   almost 2 days    of  transaction times, its  very too long  and i dont  think if  the fees  do have  effect   regarding   on the transaction time. The  higher  the better  but still the situation of  some are still the same.
hero member
Activity: 839
Merit: 500
October 26, 2016, 10:45:43 PM
Mine still unconfirmed and it is 36 hours transaction and I am a high priority transaction.  But wait I have a transaction yesterday it only cost 15 mins to recieved  on my wallet. I think the only delayed is the transactions from oct 25- 26 earlier morning

Yes, that seems to be the case. I still have transactions pending from oct 25-26 but all which came after that have been confirmed as usual.
newbie
Activity: 9
Merit: 0
October 26, 2016, 10:37:18 PM
DAMN !!! finally after 30 hours got 1 confirmation  Grin Grin Grin Grin
hero member
Activity: 806
Merit: 1000
COINMIXER.NET
October 26, 2016, 10:05:49 PM
that's interesting, i've been having this same problem with some of today's CoinMixer.net transactions.  Several inbound deposits have remained unconfirmed for 12hours or more .. very odd.  Possible dust spam attack on the bitcoin network to flood it with junk transactions is my guess
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
October 26, 2016, 10:01:24 PM

Yes, if you paid 75 sato per byte now, then you are estimated to get your first confirmation within the
next 7 blocks, or +/- 120 minutes from now. See this site for fee estimations: https://bitcoinfees.21.co/

If you want to be in the next block now, you should pay priority which is 110 sato per byte.

For Yobit, I'm don't know if you can change the fee or that the administrator will have to adjust
the fee for all withdrawals. If you can set your own fee, then yes, you should set it for your preferred need.


Ok, thank you. Good informations on this site about the transactions and its respective fees.

I usually have no hurry to complete the transactions fast, but I wouldn't like to wait more than 12 hours for it anyway.
legendary
Activity: 1092
Merit: 1001
October 26, 2016, 09:54:24 PM
fees are antispam feature.
if you don't see it ... leave it.

network work well when you pay the right fee.
and we have plenty of site to verify this : https://en.bitcoin.it/wiki/Transaction_fees#Fee_Plotting_Sites

if someone want to emit bitcoin transaction ... it can ... by paying the right fees (priority fees mode in the bitcoin core or android wallet).

So, if we want fast transactions since now, do we need to pay highest fees?

I don't think it fair, because we were paying the same fees that now and the transactions were normal, and now, we need to pay highest fees. And I suppose if we pay highest fees now, some time later, there will be the necessity to increase again (when more people start using BTCs), no?

What is not fair?
When you pay the highest fee, you are paying for priority.
If you don't need priority and can wait, pay medium fee.

The problem is that the "medium" fee isn't being sufficient anymore to make the transactions go smoothly. Looks if many people are making transactions, the fee must be higher, or you won't complete it, canceling the transaction.

So, in the future the fees will be very highest than now, or we will never complete our transactions. Tell me if I'm wrong.

There is no set fee structure.
The fee system is determined by your priority and the size of current mempool.
The "medium" fee is only a snap shot on a sliding scale.
The "medium" fee now is around 75 sato per byte.

The fee market will rise as long as there are bitcoin users who are willing to pay higher fees.
The reality is that it will stabilize at a certain level since most users will not pay more than $1 per tx.
So in theory you are correct, up to a point.

Hmm, Ok, understood. So, if I want a relative fast transaction, do I need to pay 75 satoshis per byte now? And do you know +/- how much time will it take to complete? (I think we were paying 32 satoshis per byte and it was going fast days ago).

And Yobit fee, for an example, the fee there is 20k satoshis. So, will I need to pay more there also since now?

Yes, if you paid 75 sato per byte now, then you are estimated to get your first confirmation within the
next 7 blocks, or +/- 120 minutes from now. See this site for fee estimations: https://bitcoinfees.21.co/

If you want to be in the next block now, you should pay priority which is 110 sato per byte.

For Yobit, I'm don't know if you can change the fee or that the administrator will have to adjust
the fee for all withdrawals. If you can set your own fee, then yes, you should set it for your preferred need.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
October 26, 2016, 09:42:28 PM
fees are antispam feature.
if you don't see it ... leave it.

network work well when you pay the right fee.
and we have plenty of site to verify this : https://en.bitcoin.it/wiki/Transaction_fees#Fee_Plotting_Sites

if someone want to emit bitcoin transaction ... it can ... by paying the right fees (priority fees mode in the bitcoin core or android wallet).

So, if we want fast transactions since now, do we need to pay highest fees?

I don't think it fair, because we were paying the same fees that now and the transactions were normal, and now, we need to pay highest fees. And I suppose if we pay highest fees now, some time later, there will be the necessity to increase again (when more people start using BTCs), no?

What is not fair?
When you pay the highest fee, you are paying for priority.
If you don't need priority and can wait, pay medium fee.

The problem is that the "medium" fee isn't being sufficient anymore to make the transactions go smoothly. Looks if many people are making transactions, the fee must be higher, or you won't complete it, canceling the transaction.

So, in the future the fees will be very highest than now, or we will never complete our transactions. Tell me if I'm wrong.

There is no set fee structure.
The fee system is determined by your priority and the size of current mempool.
The "medium" fee is only a snap shot on a sliding scale.
The "medium" fee now is around 75 sato per byte.

The fee market will rise as long as there are bitcoin users who are willing to pay higher fees.
The reality is that it will stabilize at a certain level since most users will not pay more than $1 per tx.
So in theory you are correct, up to a point.

Hmm, Ok, understood. So, if I want a relative fast transaction, do I need to pay 75 satoshis per byte now? And do you know +/- how much time will it take to complete? (I think we were paying 32 satoshis per byte and it was going fast days ago).

And Yobit fee, for an example, the fee there is 20k satoshis. So, will I need to pay more there also since now?
legendary
Activity: 1092
Merit: 1001
October 26, 2016, 09:35:39 PM
fees are antispam feature.
if you don't see it ... leave it.

network work well when you pay the right fee.
and we have plenty of site to verify this : https://en.bitcoin.it/wiki/Transaction_fees#Fee_Plotting_Sites

if someone want to emit bitcoin transaction ... it can ... by paying the right fees (priority fees mode in the bitcoin core or android wallet).

So, if we want fast transactions since now, do we need to pay highest fees?

I don't think it fair, because we were paying the same fees that now and the transactions were normal, and now, we need to pay highest fees. And I suppose if we pay highest fees now, some time later, there will be the necessity to increase again (when more people start using BTCs), no?

What is not fair?
When you pay the highest fee, you are paying for priority.
If you don't need priority and can wait, pay medium fee.

The problem is that the "medium" fee isn't being sufficient anymore to make the transactions go smoothly. Looks if many people are making transactions, the fee must be higher, or you won't complete it, canceling the transaction.

So, in the future the fees will be very highest than now, or we will never complete our transactions. Tell me if I'm wrong.

There is no set fee structure.
The fee system is determined by your priority and the size of current mempool.
The "medium" fee is only a snap shot on a sliding scale.
The "medium" fee now is around 75 sato per byte.

The fee market will rise as long as there are bitcoin users who are willing to pay higher fees.
The reality is that it will stabilize at a certain level since most users will not pay more than $1 per tx.
So in theory you are correct, up to a point.
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