What mess is going on in the transactions ?

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: shorena on February 23, 2016, 03:44:30 AM

Its confirmed.

Quote from: pilardi on February 22, 2016, 04:57:24 PM

-snip-
The default fee for Electrum is 0.5 mBTC/kB. The fee you included in your transaction is 1/10th that. I suspect you may have changed it at some point.

Math fail!

Quote from: Blinken on February 22, 2016, 04:10:26 PM

How much is 5000 Satoishis. Is that like 1 penny or something?

Seriously, if you do not pay a fee, then go screw yourself. You and all the bitcoin tumblers can go to hell with your worthless, network-clogging transactions.

People like you will be the reason I stop giving tech advice. Go to hell with your assumptions.

Thank you so luch shorena Grin

! Now it is confirmed. For sure I'll set big fees for a moment now. I'll lock the thread since my problem has been solved.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Its confirmed.

Quote from: pilardi on February 22, 2016, 04:57:24 PM

-snip-
The default fee for Electrum is 0.5 mBTC/kB. The fee you included in your transaction is 1/10th that. I suspect you may have changed it at some point.

Math fail!

Quote from: Blinken on February 22, 2016, 04:10:26 PM

How much is 5000 Satoishis. Is that like 1 penny or something?

Seriously, if you do not pay a fee, then go screw yourself. You and all the bitcoin tumblers can go to hell with your worthless, network-clogging transactions.

People like you will be the reason I stop giving tech advice. Go to hell with your assumptions.

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Quote from: Herbert2020 on February 22, 2016, 11:32:59 PM

i have had this problem recently too. it is just the bitcoin network, the blocks are almost full (>900KB) and with 2000-3000 transactions in each block.
besides, worst of all is that blocks aren't being mined every 10 minutes, right now there has been two blocks mined in the last hour (399661 and 399660)
399661   11 minutes
399660   35 minutes
399659   1 hour 2 minutes

So should the difficulty be adjusted more frequently? What happens if a major mining organisation has a power outage, or a fire? Maybe it gets closed down by the government.

Herbert2020

legendary

Activity: 1946

Merit: 1137

i have had this problem recently too. it is just the bitcoin network, the blocks are almost full (>900KB) and with 2000-3000 transactions in each block.
besides, worst of all is that blocks aren't being mined every 10 minutes, right now there has been two blocks mined in the last hour (399661 and 399660)
399661   11 minutes
399660   35 minutes
399659   1 hour 2 minutes

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Quote from: BTCBinary on February 22, 2016, 10:43:14 PM

I see no problem there. with the current load of transaction it is more than normal that a transaction takes roughly about 3 hours to be confirmed.

Is that acceptable in these days of virtually instant communications, and some fiat transfers taking seconds to complete.

RoughLyfe

hero member

Activity: 560

Merit: 500

Quote from: BTCBinary on February 22, 2016, 10:43:14 PM

Quote from: Erkallys on February 22, 2016, 10:38:16 AM

I have a transacation which is pending since I sent it, at around 11:30 CET (UTC+1). Is this slowness related to the high current price, which make people transact more, or are we under another stress test ?

I see no problem there. with the current load of transaction it is more than normal that a transaction takes roughly about 3 hours to be confirmed.

Well,looks like today is gonna be a long night.Gotta wait around 2 hours for it to confirm

BTCBinary

hero member

Activity: 504

Merit: 500

Quote from: Erkallys on February 22, 2016, 10:38:16 AM

I have a transacation which is pending since I sent it, at around 11:30 CET (UTC+1). Is this slowness related to the high current price, which make people transact more, or are we under another stress test ?

I see no problem there. with the current load of transaction it is more than normal that a transaction takes roughly about 3 hours to be confirmed.

RoughLyfe

hero member

Activity: 560

Merit: 500

Same thing is happening to me,I paid the bitcoin fee at 0.001 BTC and sent 2 transactions about 30~ish minutes ago and still no confirmation.

Bitware

hero member

Activity: 926

Merit: 1001

weaving spiders come not here

Pay a reasonable transaction fee, you cheap bastard.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Nothing over the usual here, I usually pay a little over the minimum fees and it takes about half an hour before 3 confirms.

We really need the lightning network though. I hope it comes soon.

Blind Legs Parker

hero member

Activity: 2016

Merit: 721

I found that transaction time was very random these days. The day before yesterday I made two reasonable-sized payments, which were only processed after 2 hours, but yesterday I made a smaller one and it was processed almost immediately (less than half an hour).

None of my payments ever took more than these 2 hours to get confirmation though. Besides I also set Electrum to pay minimum fees.

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: btcltccoins on February 22, 2016, 11:37:12 AM

Sometimes it take around 24 hrs to get the transcation complete.
It can be due to network congestion.
You just wait for 24 to 36 hrs and your transaction will be completed.

I just had this happen to me using Mycelium. I was ultra cheap with the miners' fee and it took well over 20 hours for the transaction to finally get confirmed. Oy. OP I don't know why yours isn't confirming. Could it be the same deal, not enough of a fee?

xslugx

sr. member

Activity: 293

Merit: 250

Quote from: shorena on February 22, 2016, 01:53:40 PM

Quote from: BitcoinNewsMagazine on February 22, 2016, 01:46:12 PM

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

I wouldnt suggest any fixed fee. The transaction may also be unusually large (in byte) for Erkallys which might be why they didnt have this problem before. You either have a wallet that can make a good suggestion or you have to rely on 3rd party estimates from e.g. 21.co.

It's a bit hard to estimate the size of one's transaction and thus the adviced fee :/

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: pilardi on February 22, 2016, 04:57:24 PM

Quote from: Erkallys on February 22, 2016, 03:45:12 PM

Quote from: shorena on February 22, 2016, 01:53:40 PM

Quote from: BitcoinNewsMagazine on February 22, 2016, 01:46:12 PM

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

I wouldnt suggest any fixed fee. The transaction may also be unusually large (in byte) for Erkallys which might be why they didnt have this problem before. You either have a wallet that can make a good suggestion or you have to rely on 3rd party estimates from e.g. 21.co.

I use Electrum, and that's what it automatically put as fee for me. Each time it put me this, each time it worked well, so I did not changed anything.

The default fee for Electrum is 0.5 mBTC/kB. The fee you included in your transaction is 1/10th that. I suspect you may have changed it at some point.

This time I did nothing. Some long time ago I chose it manually, and I chose that. It seems that Electrum remembered my choice. What is more intriguing is that I recently performed a factory reset on my computer and just imported my seed into Electrum without touching to anything.

pilardi

newbie

Activity: 28

Merit: 0

Quote from: Erkallys on February 22, 2016, 03:45:12 PM

Quote from: shorena on February 22, 2016, 01:53:40 PM

Quote from: BitcoinNewsMagazine on February 22, 2016, 01:46:12 PM

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

I wouldnt suggest any fixed fee. The transaction may also be unusually large (in byte) for Erkallys which might be why they didnt have this problem before. You either have a wallet that can make a good suggestion or you have to rely on 3rd party estimates from e.g. 21.co.

I use Electrum, and that's what it automatically put as fee for me. Each time it put me this, each time it worked well, so I did not changed anything.

The default fee for Electrum is 0.5 mBTC/kB. The fee you included in your transaction is 1/10th that. I suspect you may have changed it at some point.

Blinken

sr. member

Activity: 338

Merit: 253

How much is 5000 Satoishis. Is that like 1 penny or something?

Seriously, if you do not pay a fee, then go screw yourself. You and all the bitcoin tumblers can go to hell with your worthless, network-clogging transactions.

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: shorena on February 22, 2016, 01:53:40 PM

Quote from: BitcoinNewsMagazine on February 22, 2016, 01:46:12 PM

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

I wouldnt suggest any fixed fee. The transaction may also be unusually large (in byte) for Erkallys which might be why they didnt have this problem before. You either have a wallet that can make a good suggestion or you have to rely on 3rd party estimates from e.g. 21.co.

I use Electrum, and that's what it automatically put as fee for me. Each time it put me this, each time it worked well, so I did not changed anything.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: BitcoinNewsMagazine on February 22, 2016, 01:46:12 PM

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

I wouldnt suggest any fixed fee. The transaction may also be unusually large (in byte) for Erkallys which might be why they didnt have this problem before. You either have a wallet that can make a good suggestion or you have to rely on 3rd party estimates from e.g. 21.co.

xslugx

sr. member

Activity: 293

Merit: 250

Quote from: Erkallys on February 22, 2016, 10:38:16 AM

I have a transacation which is pending since I sent it, at around 11:30 CET (UTC+1). Is this slowness related to the high current price, which make people transact more, or are we under another stress test ?

People transact more so it all goes slower. But it's a bit strange, did you pay a correct fee?

EDIT/ didn't read the answers --'
Well you got your answer. Fees are still low but got to get paid. Don't worry though, you'll get confirmation but it might take up to few hours!

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

https://bitcoinfees.21.co/#delay says the fee you used was 10x too low. If you want to avoid problems use a fee of .0005 routinely.

Topic: What mess is going on in the transactions ? (Read 1478 times)