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Topic: wow ,almost 30,000 unconfirmed trans - page 6. (Read 13836 times)

Capradina
hero member
Activity: 756
Merit: 520
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 05:04:10 PM
#189
Quote from: Meuh6879 on November 25, 2016, 04:59:03 PM
Quote from: arransiv on November 24, 2016, 10:47:54 PM
Can you imagine if we have more users of bitcoin? Will be a mess.

fees.

always fees.

think "fees" fees FEES FEES !

why do you want take transactions when it's funny ?
are you spend FIAT MONEY with your plastic card because is FUNNY ?
no.

When Bitcoin hit the mainstream (the real one ... with lost of bitcoins from a broken phone), the fees discourage the FUNNY usage and CUT the SPAM transactions.

That's why Lightning Network is important after the SegWit.


That's why increase of block size is useless ... but organize the inside of block, no.
segwit don't increase the size, it's increase the order inside the block.

Ahahahh, you have a joke that might only make them have a passion for looking a porn star for use in impingement their passions. This is something quite natural for all people in the world, many people are more concerned with his own without looking at what will happen if they do something, so it all depends on those who understand about the bitcoin and if everyone is already familiar with the workings of the bitcoin then I think will not happen the problem like this
Meuh6879
legendary
Activity: 1512
Merit: 1012
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 04:59:03 PM
#188
Quote from: arransiv on November 24, 2016, 10:47:54 PM
Can you imagine if we have more users of bitcoin? Will be a mess.

fees.

always fees.

think "fees" fees FEES FEES !

why do you want take transactions when it's funny ?
are you spend FIAT MONEY with your plastic card because is FUNNY ?
no.

When Bitcoin hit the mainstream (the real one ... with lost of bitcoins from a broken phone), the fees discourage the FUNNY usage and CUT the SPAM transactions.

That's why Lightning Network is important after the SegWit.


That's why increase of block size is useless ... but organize the inside of block, no.
segwit don't increase the size, it's increase the order inside the block.
Carlton Banks
legendary
Activity: 3430
Merit: 3080
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 04:44:47 PM
#187
lol @ "fix the fucking thing"

What's stopping you from coming up with a fix?



The real issue here is that fixes to the scalability of Bitcoin have been in the works for years now, and we're finally getting to the point where something concrete is about to happen (with lots of groundwork already done).


In other words, the issue is your ignorance, and your attribution of blame to anyone except yourself. If you don't know what the outline is for improving the Bitcoin network, and you do nothing but complain, it's no-one's fault but yours. Get reading.
QuestionAuthority
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 04:22:33 PM
#186
Quote from: QuestionAuthority on November 25, 2016, 10:46:30 AM
Quote from: Killerpotleaf on November 24, 2016, 10:19:25 PM
Quote from: QuestionAuthority on November 24, 2016, 10:05:58 PM
How can we increase adoption, make Bitcoin mainstream, and make it a one world currency so that no one in the world can actually spend any money. LOL

To the moon. ROFL

first make all users download the blockchain ( this is very important )
then you make them send their btc to a LN node
then they can timelock these bitcoins and open channels
then they can buy 30,000 separate cam shows and only pay 12$ in TX fee
they have to do this before their time lock expires and closes the channel ofc...

*image*
thats how its done.

The problem with that theory is that people don't like to be first and they want to see things work perfectly before they try them.

No one other than cultist bitcoiners will ever download the entire Blockchain. Hell, even I won't ever do it again. I lost my copy of the entire chain a little over a year ago, waited two days for it to never catch up and quit. I'm an SPV kind of guy forever after that. Pruning mode in the new clients is a joke and if you want to revert to a full node you need to redownload the whole thing again.

What are you going to do about laptop people? Over half of the people I know only own a laptop, believing it stupid to have both a desktop and a laptop when the laptop does everything they want to do. Most, if not all, of these "laptopers" have less than a 500gb SSD drive. Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Really big blocks - when is that happening again?

For those that really didn't understand what I'm getting at:

Fix the fucking thing so it's capable of being used by more than a few hardcore bitcoiners worldwide and stop making excuses for its problems. Recognizing a problem is the first step toward a solution.

No one ever sits back and looks at what these average people would need to do to use Bitcoin or if they would be willing to do it at all. Currently, most wouldn't because they're too lazy.


One single stadium holding 1/3 the number of daily Bitcoin transactions worldwide. After nearly seven years that's a problem.

BTW: Why is Bitcoin still in beta after seven years? Most companies would go broke if they waited this long.
kiklo
legendary
Activity: 1092
Merit: 1000
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 03:13:13 PM
#185
Quote from: Holliday on November 25, 2016, 02:41:31 PM
Quote from: Carlton Banks on November 25, 2016, 01:58:02 PM
Quote from: QuestionAuthority on November 25, 2016, 10:46:30 AM
Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Hmmmm, you're not really into Bitcoin, are you?

I myself indulge in all these "ridiculous" options, what I do is I check what kind of performance the hardware will need, then take some money, then spend it on the appropriate computer hardware. You seem to be claiming that today's Windows & Word low spec laptops can't handle it. Neither could yesterday's.

So what are you highlighting, other than nothing?

He loves to play devil's advocate to the point where I no longer know if he is playing anymore!

LOL, I thought he was just being an asshat.  Cheesy

 Cool

FYI:
He could have just said the laptop people could get a 2TB USB to store the blockchain.
But I won't download the BTC blockchain and I am using a Desktop with multiple TB in it.
No point, since BTC is PoW instead of PoS, there is 0 advantage for me.
Holliday
legendary
Activity: 1120
Merit: 1012
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 02:41:31 PM
#184
Quote from: Carlton Banks on November 25, 2016, 01:58:02 PM
Quote from: QuestionAuthority on November 25, 2016, 10:46:30 AM
Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Hmmmm, you're not really into Bitcoin, are you?

I myself indulge in all these "ridiculous" options, what I do is I check what kind of performance the hardware will need, then take some money, then spend it on the appropriate computer hardware. You seem to be claiming that today's Windows & Word low spec laptops can't handle it. Neither could yesterday's.

So what are you highlighting, other than nothing?

He loves to play devil's advocate to the point where I no longer know if he is playing anymore!
Carlton Banks
legendary
Activity: 3430
Merit: 3080
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 01:58:02 PM
#183
Quote from: QuestionAuthority on November 25, 2016, 10:46:30 AM
Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Hmmmm, you're not really into Bitcoin, are you?

I myself indulge in all these "ridiculous" options, what I do is I check what kind of performance the hardware will need, then take some money, then spend it on the appropriate computer hardware. You seem to be claiming that today's Windows & Word low spec laptops can't handle it. Neither could yesterday's.

So what are you highlighting, other than nothing?
deisik
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 01:55:21 PM
#182
Quote from: bryant.coleman on November 25, 2016, 01:17:34 PM
Quote from: deisik on November 25, 2016, 01:02:34 PM
If we exclude a conspiracy theory involving Chinese miners (or just some exceptionally greedy miners, for that matter) deliberately ignoring a lot of transactions, say, with the aim of extorting higher fees and stick to another conspiracy theory instead, it could be claimed that someone had been flooding or spamming the Bitcoin network with high enough fees to crowd out the genuine transactions with typical or recommended fees. That is, trying to bring the network down...

Why would they want to do that is another question, though

It is an interesting theory, although I am not too sure about it. Spamming the network requires a lot of funds and resources. Who is having that sort of funds with them? Bankers? But I have to say that their attempts have failed miserably. The Bitcoin exchange rates are stable as of now, and the number of unconfirmed transactions are declining.

I don't really think that it would require a lot of resources and funds, say, for an average banker. People who strongly oppose related conspiracy theories say that the blocks are already filled up to the hilt. Okay, let's assume that their claims have at least some substance in them. Given that around 250k transactions are processed daily on average and that this number is pretty close to the current processing capacity of the Bitcoin network (due to the block size limit), it effectively means that to overwhelm the network and crowd out the bulk of transactions the miscreant would have to add only around 50k transactions with, say, 50k satoshi of fees on a daily basis...

And that would cost him 50000*0.0005=25 bitcoins, or around 18,000 dollars, or exactly two mining rewards
Holliday
legendary
Activity: 1120
Merit: 1012
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 01:23:32 PM
#181
Quote from: piloder on November 25, 2016, 12:52:01 PM
what could be the reason behind those sudden spike?

That's called spamming in order to push an agenda.
bryant.coleman
legendary
Activity: 3808
Merit: 1219
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 01:17:34 PM
#180
Quote from: deisik on November 25, 2016, 01:02:34 PM
If we exclude a conspiracy theory involving Chinese miners (or just some exceptionally greedy miners, for that matter) deliberately ignoring a lot of transactions, say, with the aim of extorting higher fees and stick to another conspiracy theory instead, it could be claimed that someone had been flooding or spamming the Bitcoin network with high enough fees to crowd out the genuine transactions with typical or recommended fees. That is, trying to bring the network down...

Why would they want to do that is another question, though

It is an interesting theory, although I am not too sure about it. Spamming the network requires a lot of funds and resources. Who is having that sort of funds with them? Bankers? But I have to say that their attempts have failed miserably. The Bitcoin exchange rates are stable as of now, and the number of unconfirmed transactions are declining.
deisik
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 01:02:34 PM
#179
Quote from: piloder on November 25, 2016, 12:52:01 PM
Quote from: jay8291 on November 25, 2016, 12:40:25 AM
transaction pool is receeding. Currently at 16k+ unconfirmed transactions. This is the second time its happening
Pool is already in descending trend and almost near to what they were few days ago http://bitcointicker.co/networkstats/
Graphs showing few spikes on yesterday and day before yesterday, what could be the reason behind those sudden spike?

If we exclude a conspiracy theory involving Chinese miners (or just some exceptionally greedy miners, for that matter) deliberately ignoring a lot of transactions, say, with the aim of extorting higher fees and stick to another conspiracy theory instead, it could be claimed that someone had been flooding or spamming the Bitcoin network with transactions having high enough fees to crowd out the genuine transactions with typical or recommended fees. That is, trying to bring the network down...

Why would they want to do that is another question, though
rapazev
full member
Activity: 210
Merit: 100
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:58:41 PM
#178
things going back to normal again, maybe because people started to use higher fees..
piloder
legendary
Activity: 966
Merit: 1006
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:52:01 PM
#177
Quote from: jay8291 on November 25, 2016, 12:40:25 AM
transaction pool is receeding. Currently at 16k+ unconfirmed transactions. This is the second time its happening
Pool is already in descending trend and almost near to what they were few days ago http://bitcointicker.co/networkstats/
Graphs showing few spikes on yesterday and day before yesterday, what could be the reason behind those sudden spike?
freshman777
sr. member
Activity: 406
Merit: 250
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:26:08 PM
#176
Quote from: QuestionAuthority on November 25, 2016, 10:46:30 AM
No one other than cultist bitcoiners will ever download the entire Blockchain. Hell, even I won't ever do it again. I lost my copy of the entire chain a little over a year ago, waited two days for it to never catch up and quit. I'm an SPV kind of guy forever after that. Pruning mode in the new clients is a joke and if you want to revert to a full node you need to redownload the whole thing again.

What are you going to do about laptop people? Over half of the people I know only own a laptop, believing it stupid to have both a desktop and a laptop when the laptop does everything they want to do. Most, if not all, of these "laptopers" have less than a 500gb SSD drive. Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Really big blocks - when is that happening again?

Not that I argue with your logic, downloading the blockchain is a painful process for many people and they will use SPV clients. However, Bitcoin is primarily used precisely because people can't use ApplePay or a credit/debit card. Not always because they need to buy something illegal with Bitcoins. Many use cases are areas like gambling that can't be funded with a credit card but these areas are only illegal in the eye of police states. These people are willing to take some pain to learn Bitcoin and download the blockchain. But yeah, given that Bitcoin is a pilot project of cryptocurrency and competition tirelessly working on more manageable and flexible alternative designs, the current status quo of Bitcoin is not going to be forever.
QuestionAuthority
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 10:46:30 AM
#175
Quote from: Killerpotleaf on November 24, 2016, 10:19:25 PM
Quote from: QuestionAuthority on November 24, 2016, 10:05:58 PM
How can we increase adoption, make Bitcoin mainstream, and make it a one world currency so that no one in the world can actually spend any money. LOL

To the moon. ROFL

first make all users download the blockchain ( this is very important )
then you make them send their btc to a LN node
then they can timelock these bitcoins and open channels
then they can buy 30,000 separate cam shows and only pay 12$ in TX fee
they have to do this before their time lock expires and closes the channel ofc...

*image*
thats how its done.

The problem with that theory is that people don't like to be first and they want to see things work perfectly before they try them.

No one other than cultist bitcoiners will ever download the entire Blockchain. Hell, even I won't ever do it again. I lost my copy of the entire chain a little over a year ago, waited two days for it to never catch up and quit. I'm an SPV kind of guy forever after that. Pruning mode in the new clients is a joke and if you want to revert to a full node you need to redownload the whole thing again.

What are you going to do about laptop people? Over half of the people I know only own a laptop, believing it stupid to have both a desktop and a laptop when the laptop does everything they want to do. Most, if not all, of these "laptopers" have less than a 500gb SSD drive. Which would you prefer to do? Make them rearrange their lives to accommodate bitcoin by purchasing a dedicated bitcoin desktop or make Bitcoin the only thing on their laptop and run only a client with the prune=<500> switch set?  Both options are not only ridiculous but will not happen because no one will do it when they can just use ApplePay or a debit card instead.

Really big blocks - when is that happening again?
jay8291
sr. member
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:40:25 AM
#174
transaction pool is receeding. Currently at 16k+ unconfirmed transactions. This is the second time its happening
Killerpotleaf
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:14:21 AM
#173
kiklo
legendary
Activity: 1092
Merit: 1000
Re: wow ,almost 30,000 unconfirmed trans
November 25, 2016, 12:06:59 AM
#172
Quote from: Dudeperfect on November 24, 2016, 11:30:51 PM
Quote from: Lauda on November 23, 2016, 10:24:13 AM

Quote from: Dudeperfect on November 23, 2016, 09:37:24 AM
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.

Yes I am not and expert and thus learning for mistakes. Can you please give some links of the stuff regarding boycott btc matter? I would like to learn more about it and so that I won’t support any such movements blindly. It is something that is happening for the first time since I joined bitcoin community so expert views would help members like me to learn more.

The boycott would have been no one sending BTC on the Blockchain for 24 hours Only.  (Amazing how much that scared everyone)
1.  The Transaction Queue would have had time to clear, so people that were waiting for 3 days or so , would have received their BTC
2.  To send a message to the Devs & Mining Pools to fix the transaction capacity problem

It did not happen since only a handfull of people even knew about it , as BTCtalk Mods deleted all of the Main Topics that were to get the word out.
Censorship at work.   Tongue

 Cool
Dudeperfect
hero member
Activity: 1190
Merit: 534
Re: wow ,almost 30,000 unconfirmed trans
November 24, 2016, 11:30:51 PM
#171
Quote from: Lauda on November 23, 2016, 10:24:13 AM

Quote from: Dudeperfect on November 23, 2016, 09:37:24 AM
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.

Yes I am not and expert and thus learning for mistakes. Can you please give some links of the stuff regarding boycott btc matter? I would like to learn more about it and so that I won’t support any such movements blindly. It is something that is happening for the first time since I joined bitcoin community so expert views would help members like me to learn more.
CraigWrightBTC
hero member
Activity: 518
Merit: 500
Re: wow ,almost 30,000 unconfirmed trans
November 24, 2016, 11:08:35 PM
#170
Quote from: arransiv on November 24, 2016, 10:47:54 PM
At least the transactions are going more fast right now and the queue is smaller

Can you imagine if we have more users of bitcoin? Will be a mess.
Yea but if we don't have much users of bitcoins, it is mean bitcoin will be die slowly, more better many users of bitcoins slow transaction than there are no people who use bitcoins. Because people of transaction can be fixed by the developers of bitcoins, but there are no users of bitcoins, it is mean die.  Grin
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