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Topic: Whats the longest you have waited for one confirmation?? - page 5. (Read 4911 times)

legendary
Activity: 1176
Merit: 1011
In every day practice, I pretty much NEVER wait for confirmations.

I don't care how fast it confirms. I send my payments, and that's it.

Same with receiving. I see an incoming transaction, and from that point I already know 99.9999% sure it's going to be confirmed, whether be it in a few minutes, or maybe in a few hours if the fee was very low or whatever. I don't care, I'll receive the money either way.

For almost ALL practical situations involving Bitcoin payments, the confirmation time actually doesn't matter.
full member
Activity: 168
Merit: 100
GreenCoin
Currently I have waited 3 hour Undecided

I've waited nearly a day when I sent without a reasonable fee (or when someone sent to me without a fee).
Well countint that, I am sure people would have waited about a month Tongue
But that would be your fault, not the network.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
Currently I have waited 3 hour Undecided

I've waited nearly a day when I sent without a reasonable fee (or when someone sent to me without a fee).
full member
Activity: 141
Merit: 116

On average it should take about 10 min to mine a new block (i.e to get one confirmation) but when you're unlucky (as I was yesterday)
you can find yourself in more than one hour gap between blocks  Angry
See
block 343200 (Main Chain)    2015-02-12 23:04:18
and next one
block 343201 (Main Chain)    2015-02-13 00:08:00

And even your fees wouldn't speed that up.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
yaa between 3-5 hours was the longest i ever waited
legendary
Activity: 1974
Merit: 1029
I once waited 12 hours but it was fee related. Does that count? Tongue
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
Currently I have waited 3 hour Undecided

7 or 8 days, but I didnt pay a fee, the TX never confirmed I had to doublespend it.
legendary
Activity: 994
Merit: 1035
50 minutes for me , but that is just because I use it so much and therefore increase the probability that I see a long confirmation time. Most confirmations are 7-12 minutes.

It's a Poisson process, with a mean of 10 minutes. So...

What is the probability that the next block will be found within 10 minutes from now?
63.212%

Or within 1 minute?
9.516%

Or 10 seconds?
1.653%

Or 1 second?
0.167%
sr. member
Activity: 308
Merit: 250
Around 1.5 hours. And the delay almost always happens, when I need it the quickest :/

The same the only times it has which is only a few times but that was the times i really needed it to confirm in 15 - 30 mins max but no aha

Can be hours and hours without fee?
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
almost always near instant. one time though it took 8 hours or so, idk why.
full member
Activity: 182
Merit: 100
Around 1.5 hours. And the delay almost always happens, when I need it the quickest :/
sr. member
Activity: 381
Merit: 250
Currently I have waited 3 hour Undecided

Probably 1-3 Hours like yourself

I found this searching around google, some people claim Satoshi waited 130 Hours after mining Genesis to the first Block, however this I beleive is untrue, its more likely he was fixing issues with the code during this time and it did not actually take him 130 hours.

-----

Here's a complete list of the differences between blocks, sorted by difference: http://paste.ubuntu.com/6780012/
And here's a BASH script used to get a list of blocks and a difference between their timestamps (requires jq):
Code:
#!/bin/bash

COUNT=$(bitcoind getblockcount)
PREVTIME=0

for (( i=0; i<=$COUNT; i++ ))
do
    HASH=$(bitcoind getblockhash $i)
    TIME=$(bitcoind getblock $HASH|jq ".time")

    if (( "$i" > 0 )); then
        echo "$(expr $i - 1)-$i     $(expr $TIME - $PREVTIME)"

        #progress display
        if (( $(($i % $(($COUNT / 100)))) == 0)); then
            echo "$i*100/$COUNT"|bc|tr '\n' '%' 1>&2
            echo "" 1>&2
        fi
    fi

    PREVTIME=$TIME
done

Run it like this: bash blocktime.sh|sort -n -k2. Takes a while to run (circa three hours on my system).

full member
Activity: 126
Merit: 100
www.DonateMedia.org
Currently I have waited 3 hour Undecided
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