why transactions are taking too long ? - page 8.

Mickeyb

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Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: VeritasSapere on March 01, 2016, 08:25:50 AM

Quote from: RealBitcoin on February 29, 2016, 03:42:13 PM

Yea it sucks i just observed this a few days ago, need to put 20k satoshi as fee now, or wait many hours.
Crap, hurry with the segwit devs! Cheesy

Segwit would not relieve this situation, only an increase in the blocksize limit would. If you did not know already, Core wants the blocks to be continuously full, this is part of their radical plan to fundamentally change the economic policy of Bitcoin. If you do not want this I would recommend either supporting Bitcoin Classic or Bitcoin Unlimited instead.

Bravo for being one great FUD shill. And why would you gentleman think Core would risk its own position as the leading client ?

VeritasSapere

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Quote from: RealBitcoin on February 29, 2016, 03:42:13 PM

Yea it sucks i just observed this a few days ago, need to put 20k satoshi as fee now, or wait many hours.
Crap, hurry with the segwit devs! Cheesy

Segwit would not relieve this situation, only an increase in the blocksize limit would. If you did not know already, Core wants the blocks to be continuously full, this is part of their radical plan to fundamentally change the economic policy of Bitcoin. If you do not want this I would recommend either supporting Bitcoin Classic or Bitcoin Unlimited instead.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

I dont know if its an attack or just high demand, but its true there is a high number of TX waiting for a confirmation. People will have to step up on fees if they want to avoid waiting.

Code:

$ bitcoin-cli getmempoolinfo
{
  "size": 27281,
  "bytes": 52437613,
  "usage": 118470704,
  "maxmempool": 300000000,
  "mempoolminfee": 0.00000000
}

Altynbekova

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Activity: 476

Merit: 250

Quote from: Denker on March 01, 2016, 05:02:48 AM

Quote from: Kakmakr on March 01, 2016, 12:38:45 AM

Quote from: justspare on February 29, 2016, 09:41:16 PM

It could just be a busy day, but I have a feeling that is a spam attack. There are so many unconfirmed transactions with low fees. I hope these spammers stop.

They will not stop until their money runs out, or they feel they have proven some point. We will have to take this nonsense until the block size is increased, but even then there are no guarantee that this will stop. People with hidden agendas will take any opportunity to attack Bitcoin, it is just part of the role of being at the top.

Just bump your fee's until this has blown over.

Agree.That is just an attempt to heat up the actual situation inside the community.
Pretty lame but that's how it is.
I pay 60-65 satoshi/byte per transaction which is around 6-7 cents and never had any problems!

Mostly you will not have problems but some times it will take a lot of time before its really has been confirmed, I had it also one time but mostly its going really fast if you ask me, and its also that its also still faster than most banks.

I think its a just a matter of time before this get fixed and it will be a lot faster.

ATguy

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Merit: 250

Quote from: adolf84 on March 01, 2016, 04:20:15 AM

check cointape.com, you will know the mem pool is filled up with low fees tx. The tx should include appropriate amount of fees to make the tx included in the next block.

Maybe most people are not experts and once they send transaction with low fee, they get stuck now. But it is not their fault, because these fees worked in the past so you can not expect average person to choose adequate fee for his required confirmation time.

And unless you choose the highest priority option to send transaction, the wallet adaptive fees estimation does not work best in scenario when backlog and average fees keep increasing...

Denker

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Quote from: Kakmakr on March 01, 2016, 12:38:45 AM

Quote from: justspare on February 29, 2016, 09:41:16 PM

It could just be a busy day, but I have a feeling that is a spam attack. There are so many unconfirmed transactions with low fees. I hope these spammers stop.

They will not stop until their money runs out, or they feel they have proven some point. We will have to take this nonsense until the block size is increased, but even then there are no guarantee that this will stop. People with hidden agendas will take any opportunity to attack Bitcoin, it is just part of the role of being at the top.

Just bump your fee's until this has blown over.

Agree.That is just an attempt to heat up the actual situation inside the community.
Pretty lame but that's how it is.
I pay 60-65 satoshi/byte per transaction which is around 6-7 cents and never had any problems!

poptok1

hero member

Activity: 1638

Merit: 756

Bobby Fischer was right

The longest time i was waiting for confirmations was 72hours.
It was during a stress test of the grid, last year.
This must be some sort of attack as to no official info of any tests.
You think that is will affect the price?

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: defcon23 on March 01, 2016, 04:26:47 AM

just have a look there , please .. before being agressive Wink

peace man
https://bitcoinfees.21.co/

It is not "people" (which would imply natural growth); it is an attack, therefore your statement isn't correct. People should be fine if they include 50-60 satoshis per byte. The website is useful, but unfortunately a lot of people don't use it.

Quote from: btcxyzzz on March 01, 2016, 04:38:02 AM

Thank you Blockstream.

This has nothing to do with Blockstream. This is an attack and it is likely that it is some 'fork supporter'; thank them.

btcxyzzz

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Monero - secure, private and untraceable currency.

Thank you Blockstream.

defcon23

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Quote from: Lauda on March 01, 2016, 04:18:33 AM

Ignore most of these posters because they clearly haven't done any research themselves. It is most certainly an on-going attack. There are too many threads about this already.

Quote from: defcon23 on March 01, 2016, 04:17:34 AM

it must be a transaction fees issue.. many people send transactions with too low fees actualy.

Please don't post if you don't have relevant information.

Quote from: offlinedragon on March 01, 2016, 04:17:00 AM

I think there is a spam attack or "test" taking place now, I too was annoyed by it as usual, This should be modified in someway IMO to avoid these slowing attacks.

Correct. If you spend some time to analyze the situation you will draw to this conclusion pretty quickly.

just have a look there , please .. before being agressive Wink

peace man

https://bitcoinfees.21.co/

adolf84

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check cointape.com, you will know the mem pool is filled up with low fees tx. The tx should include appropriate amount of fees to make the tx included in the next block.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Ignore most of these posters because they clearly haven't done any research themselves. It is most certainly an on-going attack. There are too many threads about this already and you might run into false information.

Quote from: defcon23 on March 01, 2016, 04:17:34 AM

it must be a transaction fees issue.. many people send transactions with too low fees actualy.

Please don't post if you don't have correct information. It is not just about fees.

Quote from: offlinedragon on March 01, 2016, 04:17:00 AM

I think there is a spam attack or "test" taking place now, I too was annoyed by it as usual, This should be modified in someway IMO to avoid these slowing attacks.

Correct. If you spend some time to analyze the situation you will draw to this conclusion pretty quickly.

Update: Corrections and additions.

defcon23

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it must be a transaction fees issue.. many people send transactions with too low fees actualy.

offlinedragon

full member

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Merit: 100

I think there is a spam attack or "test" taking place now, I too was annoyed by it as usual, This should be modified in someway IMO to avoid these slowing attacks.

LuckyYOU

sr. member

Activity: 280

Merit: 250

Well the transactions, are taking to long because of the fact the bitcoin transactions need to get confirmed, how higher the fee is how quicker you will receive your transactions.
I think they really need to change it because it also gets people away from bitcoin because its a bit weird if I'm honest.

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

I have been sending my transactions with 4x the minimal fee for a while and they seem to be confirming kinda faster.
What is your usual fee guys that you like to use? Do you use the high to medium fees or lower?

Amph

legendary

Activity: 3248

Merit: 1070

because for not proper fee, and because the 1mb limit is shit since years already, but we are on track to change this at least

and remember that even if you issued a proper fee if another "attached" tx has less fee than your it will still be delayed

krishnapramod

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Activity: 1470

Merit: 1079

Quote from: twister on February 29, 2016, 01:08:36 PM

Quote from: Rotator on February 29, 2016, 01:02:33 PM

If you have payment on wait "medium priority" for confirmation ? How long you must wait until confirm?
I never had experience with less than "high priority" and even then you must wait sometimes for almost hour.

They may take up to 6 blocks to get confirmed or more depending on the network load and since the network seems a little bloated today, it may take upto 1.5 Hrs for a tx of a medium priority to get confirmed.

Yesterday I sent 0.004 BTC with 0.0001 BTC fee (medium priority), but even after 24 hours it is still unconfirmed, https://blockchain.info/tx/a3eeb4299e87a7783d454b4c85e58898e1a618f25ef0e5869bb0caae2f4c358f

Might be a spam attack

justspare

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Quote from: Kakmakr on March 01, 2016, 12:38:45 AM

Quote from: justspare on February 29, 2016, 09:41:16 PM

It could just be a busy day, but I have a feeling that is a spam attack. There are so many unconfirmed transactions with low fees. I hope these spammers stop.

They will not stop until their money runs out, or they feel they have proven some point. We will have to take this nonsense until the block size is increased, but even then there are no guarantee that this will stop. People with hidden agendas will take any opportunity to attack Bitcoin, it is just part of the role of being at the top.

Just bump your fee's until this has blown over.

They are pretty much never going to run out of money unless they are really poor. They will only stop when they want to. I really hope that they stop!!

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

Quote from: justspare on February 29, 2016, 09:41:16 PM

It could just be a busy day, but I have a feeling that is a spam attack. There are so many unconfirmed transactions with low fees. I hope these spammers stop.

They will not stop until their money runs out, or they feel they have proven some point. We will have to take this nonsense until the block size is increased, but even then there are no guarantee that this will stop. People with hidden agendas will take any opportunity to attack Bitcoin, it is just part of the role of being at the top.

Just bump your fee's until this has blown over.

Topic: why transactions are taking too long ? - page 8. (Read 7272 times)