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Topic: wow ,almost 30,000 unconfirmed trans - page 13. (Read 13772 times)

hero member
Activity: 756
Merit: 501
November 23, 2016, 12:32:01 PM
#53
This is the second time that happens since the halving had occured, something must be done for clean those transactions, its getting clear that bitcoin need the changes. The last time i remember it had reached something like 70k transactions unconfirmed, this cant keep happening with bitcoin, even knowing there are more people using bitcoin, but this require attention.
newbie
Activity: 2
Merit: 1018
November 23, 2016, 12:16:45 PM
#52
Doesn't seem like the market cares. The price for a bitcoin is still very high.

Is there a risk that these transactions will be deleted? and in that case, what happens to the bitcoins that I was suppose to receive?

You will receive your bitcoins, it's just that it's going to take a long long time.
legendary
Activity: 2674
Merit: 2965
Terminated.
November 23, 2016, 12:28:01 PM
#52
It would be nice if these signature spammers stopped posting here. Being tensed (^) because your money does not verify quickly implies a lack of knowledge. Nothing will happen to your coins if they do not confirm.

Some are even empty, although their percentage has been dropping. The miners tehnically decide whether they want to include TXs.
sr. member
Activity: 280
Merit: 250
November 23, 2016, 12:23:15 PM
#51
its very hateful news for us because being the most use coin all over the world it is lagging in miners. one of my friend was also got trapped in this unconfirmed list. and myself was also a victim of the same. i was very tensed because my money was not getting verified.
sr. member
Activity: 672
Merit: 250
November 23, 2016, 12:20:30 PM
#50
Wow ,almost 30,000 unconfirmed trans now

Are the miners sleeping? LOL

The quantity of users are increasing so are the transactions, and the block size (as some people say) right now not enough to take the load, and the miners have rejected to accept a larger block size which results more unconfirmed transactions.
Hopefully it gets solved soon.
legendary
Activity: 3430
Merit: 3079
November 23, 2016, 12:16:56 PM
#49
Doesn't seem like the market cares. The price for a bitcoin is still very high.

Is there a risk that these transactions will be deleted? and in that case, what happens to the bitcoins that I was suppose to receive?

Since version 0.12, all transactions in the mempool longer than 72 hours are removed. All transactions that are kicked out of the mempool of a node are then rejected by that node if another node tries to relay it to them again, although presumably there's a limit to the rejection period.

The money in those cases just remains with the sender, the receiving address can't access an output that was never confirmed.
sr. member
Activity: 616
Merit: 252
November 23, 2016, 12:10:34 PM
#48
Doesn't seem like the market cares. The price for a bitcoin is still very high.

Is there a risk that these transactions will be deleted? and in that case, what happens to the bitcoins that I was suppose to receive?
member
Activity: 201
Merit: 11
November 23, 2016, 12:07:58 PM
#47
Initiated a transaction w/ high fees 3 hours ago and still not 1 confirm. THis really gets old...

TX ID?

80c0b5a9011ab164c1bd23330ce25eb1bbfe5ca697526667856ea5d0f1512166
full member
Activity: 186
Merit: 100
November 23, 2016, 12:02:29 PM
#46
So when the ill grandpa Bitcoin will die ?
member
Activity: 95
Merit: 10
www.DirectBet.eu/Competition
November 23, 2016, 11:59:11 AM
#45
dunno, maybe people are preparing to the black friday?

most stores will start black friday sooner, like Steam, that is about to start now
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
November 23, 2016, 11:58:56 AM
#44
Initiated a transaction w/ high fees 3 hours ago and still not 1 confirm. THis really gets old...

TX ID?
member
Activity: 201
Merit: 11
November 23, 2016, 11:55:13 AM
#43
Initiated a transaction w/ high fees 3 hours ago and still not 1 confirm. THis really gets old...
legendary
Activity: 2282
Merit: 1050
Monero Core Team
November 23, 2016, 11:39:13 AM
#42
are the blocks full or are the miners getting greed with the transaction fee?

or someone send thousants of transactions at once?

For the most part the blocks are full. https://blockchain.info/
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
November 23, 2016, 11:26:37 AM
#41
Wow ,almost 30,000 unconfirmed trans now

Are the miners sleeping? LOL


I believe the miners are waiting for people to increase their transaction fees - but then no one wants to pay more money...

I believe that the price per Bitcoin is high enough to cover the values these guys are getting, as when the price was $250, then too these guys were getting profits when the fee were 0.0001, so currently it's x3, so I don't think that they are getting less for the transactions, right???
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
November 23, 2016, 11:24:40 AM
#40
are the blocks full or are the miners getting greed with the transaction fee?

or someone send thousants of transactions at once?

Looks mostly full to me -> https://www.blocktrail.com/BTC/blocks/1
legendary
Activity: 2674
Merit: 2965
Terminated.
November 23, 2016, 11:24:13 AM
#39
And how's that going to work for bitcoin with a half ass working network?
People keep dreaming about using bitcoin in their daily life yet it craps out by a network flood.
Calm down. It seems that there are plenty of misconceptions due to lack of technical knowledge. Bitcoin can not remain decentralized and process Visa-like amounts on chain unless there are some breakthroughs. Just run the math yourself:
Visa does 2000 TPS on average. Let's say that their daily peak is 4k. That is over 1300 times higher than Bitcoin. We are talking about 1.3 GB blocks here.

I am not an expert in mining or bitcoin transaction issues but I genuinely think that this is just a matter of high traffic and appeals like boycott btc would work nicely if supported by everyone or at least most of the bitcoin users. Paying higher transaction fees might not work so we must give something on our individual level so I support boycott btc movement. No one should get panic because this is a temporary issue and will resolve soon.
Please do not post then. The boycott Bitcoin *movement* is a bad joke.

I believe the miners are waiting for people to increase their transaction fees - but then no one wants to pay more money...
There are two problems with this post: False assumption and hasty generalization fallacy. 'No one wants to pay 30 cents to transfer $1m right?' Roll Eyes
newbie
Activity: 2
Merit: 1018
November 23, 2016, 11:19:39 AM
#38
Wow ,almost 30,000 unconfirmed trans now

Are the miners sleeping? LOL


I believe the miners are waiting for people to increase their transaction fees - but then no one wants to pay more money...

The miners should be careful not to kill the golden goose.
hero member
Activity: 1456
Merit: 578
HODLing is an art, not just a word...
November 23, 2016, 11:22:58 AM
#38
Its probably people just trying to spam with network with minuscule transactions with 0 fees, Itll clear up eventually.
False. Please do research before posting or not not post at all.



Full information can be found here.

i just want to add that spam attack he probably had heard and now is talking about is about the old spam attack that was happening (it was never with 0 fee) instead it was with lots of transactions with minimum fee. if i remember correctly it was 0.0001BTC with 0.0001BTC amount of fee.
member
Activity: 95
Merit: 10
www.DirectBet.eu/Competition
November 23, 2016, 11:21:34 AM
#37
are the blocks full or are the miners getting greed with the transaction fee?

or someone send thousants of transactions at once?
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