Well it is because the market is flooded by other miners, so that the payment is taking a long time, that problem is very common though sometimes it takes up to one day before they can release the payments
Topic: Why is taking so long for me to get my bitcoin? (Read 244 times)
The place i got it from said it would be about 2 hours. Still not 1 much less 6 confirmations. It has been 4 hours. Is this normal?
Miner fee is 0.000202 BTC.
Miner fee is 0.000202 BTC.
Yes it's normal when there's a lot of transactions happening. If you want to decrease your waiting time you should pay the miner higher. When you are doing transactions like that expect that you have to wait especially when there are many people who are doing transactions also like you.
So I basically just got lied to. The transaction is legit if Mycellium Wallet is showing that it's receiving said transaction.. right?
Nobody is lying to you the funds will be there but they show up as there but "unconfirmed" because you put such a low fee it may take some time to get there. For instance fees from exchanges range from 100k-200k sats which is 5-10x the amount you put down. Logically you will be behind all these transactions as miners want to mine what is most profitable for them.
I actually paid the guy $20 usd for $13.75 usd in miners fee. He showed the $13.75 entered on his phone. He said 2 hours because they are running behind because of increased buying. 4 hours later I go into my transaction details and it says the miner fee is 0.000202 BTC which is $3.22 usd.
So with all of the increased buying and better miner fees... will it be forever stuck in limbo or, is there some requirement for it to be confirmed in a certain amount of time regardless of how low the fee?
So I basically just got lied to. The transaction is legit if Mycellium Wallet is showing that it's receiving said transaction.. right?
Nobody is lying to you the funds will be there but they show up as there but "unconfirmed" because you put such a low fee it may take some time to get there. For instance fees from exchanges range from 100k-200k sats which is 5-10x the amount you put down. Logically you will be behind all these transactions as miners want to mine what is most profitable for them.
The place i got it from said it would be about 2 hours. Still not 1 much less 6 confirmations. It has been 4 hours. Is this normal?
Miner fee is 0.000202 BTC.
This happens often because so many people carry out their trading orders and make miners insufficient to carry out our transactions that make it delay. Miner fee is 0.000202 BTC.
anyone?
on my last question.
on my last question.
So I basically just got lied to. The transaction is legit if Mycellium Wallet is showing that it's receiving said transaction.. right?
The place i got it from said it would be about 2 hours. Still not 1 much less 6 confirmations. It has been 4 hours. Is this normal?
Miner fee is 0.000202 BTC.
Miner fee is 0.000202 BTC.
could be days
Actually, recently mostly bitcoiner face this problem. Very long confirmation to see all transaction.
If before all transaction done quicker rather than now.
Now bitcoin become more popular and market is very crowded and busy so thats why process is taking longer.
If before all transaction done quicker rather than now.
Now bitcoin become more popular and market is very crowded and busy so thats why process is taking longer.
The place i got it from said it would be about 2 hours. Still not 1 much less 6 confirmations. It has been 4 hours. Is this normal?
Miner fee is 0.000202 BTC.
Miner fee is 0.000202 BTC.
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