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Topic: What Frustrates You Most When Using Bitcoin? - page 16. (Read 7816 times)

hero member
Activity: 1274
Merit: 622
Confirmation time, and fees are approaching to high values in the near future

I don't think fees will be that high in the future that we should worry about it. But the confirmation time is something that frustrates me too sometimes, especially if you have to wait hours for the first confirmation.

mike77777, which fees are too high in your opinion? Do you think the fees might exceed $1 in the nearest future? (personally I don't think so).
sr. member
Activity: 406
Merit: 250
I personally think, the most disturbing thing of bitcoin is when you get the confirmation process transactions with a long time. I made several transactions with confirmation that a long time, but it only happens some time. And I think this will not be fixed, because bitcoin always takes confirmation in every transaction by miners. Thank you
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
The time take to confirm a transaction which has been initiated has increased drastically compared to past years and this is what that frustrates me the most. Now we will have to pay higher fees to get a transaction confirmed and it has become very expensive. I usually use ethereum to do most of the transaction as it is quick and cheap for the time being.

I am sure there are other people with the same thoughts and if bitcoin need to go to the next level of adoption, then it has to fix this problem ASAP!

Yes feeling the same nowadays and actually shifting to ETH for small payments as it is fast enough yet and cheap too. Paying an extra transaction fee to the miner is like giving bounty and also a very short term solution for the frustration. Need a solution for the faster confirmations problem, may be segwit. Roll Eyes
sr. member
Activity: 378
Merit: 251
A Trader & An Investor
The time take to confirm a transaction which has been initiated has increased drastically compared to past years and this is what that frustrates me the most. Now we will have to pay higher fees to get a transaction confirmed and it has become very expensive. I usually use ethereum to do most of the transaction as it is quick and cheap for the time being.

I am sure there are other people with the same thoughts and if bitcoin need to go to the next level of adoption, then it has to fix this problem ASAP!
hero member
Activity: 588
Merit: 500
   Nothing is frustrating about bitcoin, everything is working fine, we are making some little profit on a side. Some of us saving for huge price one day, and members here complain just on confirmation time. I do not have such problems and for me everything is working fine.
when he lost gambling bitcoin, it frustrated me Grin

   I feel the same way when I lose money on sports betting, but that doesnt have nothing with bitcoins.
sr. member
Activity: 280
Merit: 250
Its irritating to wait for a day for confirmation to take place. its going to become almost 24 hours since my last payment and its still under confrimation . I hope that this type of frustrating error and problems would be resolved very soon and in future we will be out of these sorts of problems. may be more miner could do the task. and its is only possible only when miner get more award per block minner to upgrade their system for faster working.
sr. member
Activity: 583
Merit: 250
when he lost gambling bitcoin, it frustrated me Grin
hero member
Activity: 966
Merit: 506
I guess current confirmation times piss me off, well until I realised that you have to send a higher than average fee unless you want to wait hours.

The block size debate annoys me too, the price could be so much higher now if people would just sit down & agree.

Really if you are in hurry to complete any deal and waiting time for transaction is really make one  pissed off. There is should be a timer so as people know how much more time left in confirmations. Waiting for confirmation and not knowing how long will it take makes its more frustration and unbearable sometimes.
hero member
Activity: 518
Merit: 500
February 07, 2017, 10:01:37 AM
#99
Confirmation time on some transactions..
That is same with me and right now the fees transaction is increasing,
actually i don't have problem with fees if the profit is high from trading.
But it is problem if the profit is just small because not every trading getting high profit. Cheesy
sr. member
Activity: 546
Merit: 255
February 07, 2017, 09:59:59 AM
#98
One thing that frustrates me the most is that online sites do not
Accept bitcoin.
I first have to download different apps then buy vouchers of that online shopping site.
Then I can buy something with bitcoin.
Also that voucher should be in stock.
That is a different problem.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
February 07, 2017, 09:50:51 AM
#97
I guess current confirmation times piss me off, well until I realised that you have to send a higher than average fee unless you want to wait hours.

The block size debate annoys me too, the price could be so much higher now if people would just sit down & agree.



Like You, I don't enjoy waiting for hours for Transactions confirmation. These days , getting the required three confirmations are a pain in the ass. Currently, If I intend to Send bitcoin urgently to my other account/wallet elsewhere, I make the transactions hours before the set time to overcome confirmation issue as I don't like "bribing" Miners.


I just hope This ends soon.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
February 07, 2017, 09:07:24 AM
#96
I guess current confirmation times piss me off, well until I realised that you have to send a higher than average fee unless you want to wait hours.

The block size debate annoys me too, the price could be so much higher now if people would just sit down & agree.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 07, 2017, 09:01:16 AM
#95
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?

Do you think it will it ever be fixed?

so far nothing makes me feel frustrated or annoyed while buying or either selling bitcoin but what makes me feel annoyed is that when I am sending or transferring bitcoin to my other wallet especially when I really need to have money as soon as possible, I am sometimes annoyed because of waiting and sometime it makes me worried about the bitcoin wallet that I have inputted .
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 07, 2017, 08:22:10 AM
#94
Well, I'm very frustrated with btc last days, I'm paying 0.0005 fee (around 0,5usd) for a 24usd transaction and still need to wait around 6~8hours everyday...
That's a lot. My transactions confirm in an hour, sometimes it takes a bit longer, but with a large fee like yours it should be a lot faster than 6 hours.
I agree with you that the fees are getting too high, but the confirmation times haven't changed, at least for me.
Yes like many people here I am also getting frustration with the time taken for getting confirmations for my transactions. Today I transfer some bitcoins from my wallet but it got stuck without confirmations for more than five hours still now. I just worry about when will the block size problem will get over and we will be having hassle free experience with bitcoin payment system.
As of now we cant do anything about those unconfirmed spam transactions on the network and the best thing for now is just wait until miners do their jobs.I dont know whats the reason on those spam tx but same as your and other people here this is the one sometimes that really pisses me off.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
February 07, 2017, 08:16:17 AM
#93
First time I was deal with bitcoin I was very excited and I was thinking that all things as far as it concerns the monetary system were solved; the only difficulty would be the adoption of many people so as to be an everyday payment system. After a while, I realized the process of bitcoin transactions which depends from network confirmation. So, I understood that debate in scaling and the increased fees will be the everyday reality where I have to face it until a solution. All of these are so different from anything I had lived so as many times I feel that anyone join in bitcoin ecosystem lives in a parallel world compared with fiat money.
sr. member
Activity: 406
Merit: 250
Too Weird to Live. Too Rare to Die...
February 06, 2017, 03:14:39 PM
#92
When the blockchain gets spammed and there are 75k unconfirmed transactions like last weekend and it takes forever to get a payment done or use a ridiculously high fee. Also I'm not a fan of POW it is a useless use of hardware and energy and only people with money for expensive mining rigs are profiting from the POW system.
legendary
Activity: 1358
Merit: 1001
February 06, 2017, 02:58:52 PM
#91
What frustrates me the most when I"m paying with bitcoin is myself and the fact that I didnt keep thoose btc cause value will only rise in the near and the far future so basically I just gave away free money to someone. 1 btc today equals 1000 usd and that same 1 btc "tomorow" 1500+usd  Roll Eyes
sr. member
Activity: 476
Merit: 254
February 06, 2017, 02:11:45 PM
#90
The transaction fee is going on the high side and that's a bit of concern and the frustrating thing about that is there is nothing we can do about it. Another thing again is amount of time transactions take to confirm this has been an issue as an amount will appear in your wallet without necessarily belongs to you which will take several hours which could be a luxury in the of emergency.
sr. member
Activity: 464
Merit: 250
February 06, 2017, 02:07:34 PM
#89
Confirmation time, and fees are approaching to high values in the near future
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
February 06, 2017, 01:58:14 PM
#88
It's very unstable, sometimes it confirm in 2 minutes, sometimes in 8 hours, im not sure what's going on, maybe the time of the day, dont know... I'm about to start paying 1~2usd fee, because i really need the transaction to finish fast...
The transaction is relaying in the transaction size and if you have transaction above 1kb you should paying the fee with good amount so that the transaction speed wont be too long to sent...
The problem right now i hope that they can added a feature like they can know first the transaction size before they can set the transaction fee and send.. so that no one can experience of delay unless if they do it manually..
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