Topic: WOW!!! New Record 200622 Unconfirmed Transactions - page 6. (Read 6953 times)

Can anyone tell me how to get these through NOW?!  Without changing wallets?  NOW. Wonderful Bitcoin is costing me hundreds and thousands because the fucking transaction won't go through in a reasonable amount of time.  I have about 20 BTC now, and at this point I am really hoping it dies because it deserves it.

I dunno. It's now fully integrated with Coinbase which removes a lot of friction. Bitpay is a different matter but these people are in business and they're not going to tie themselves to pointless ideology and sentimentality when there's money waiting to be made.

It could happen considerably faster than we expect but only if there's demand. Right now I can't see much evidence of the desire to spend LTC.

When it comes to wages I assume plenty of them are going straight to dollars. In that scenario people won't really care what coin it is as long as there's a dollar portal.



It surely must be right now for the more modest stuff. Why would you bother buying a Steam game when the fees eat up a quarter of the cost?

Most merchants just don't really worry about something like this as long as it isn't impacting their sales though. Most of them more than likely make large transactions at the end of the week to an exchange and exchange their Bitcoin and pay off whatever they need to, and it would still be cheaper than using other means for them. They don't have to worry about being charged $0.85 because it would be a lot more if they used other mediums like credit cards. They're still happy.

probably those altcoin users want you to move a bit for the altcoins, otherwise they wouldn't spam tose unconfirmed transactions. the unconfirmed transactions are still ever increasing, so wish we won't have to pay a higher fee compete them.

They'll just drop it all together if this continues to go on.

 This is becoming interesting in some way. SegWit blockers are going to ruin themselves this way, it's all clogged and fees are going through the roof.

Also, the record has been broken. lol

All the merchants that accept bitcoin are not going to wake up and just start taking Litecoin or any other coin. They would probably just watch for a while before making any decision.

No one will replace Bitcoin on short term. Bitcoin is the only Crypto-Currency which has full trust and reputation, there are many people who don't matter with Crypto-Currency, but are using Bitcoins because Bitcoin is someone peerless, no one can beat it now.

If there are many transactions it's because there are many people using it, somehow it's a good sign, I just hope the users don't stop using Bitcoins because the delay in transactions...

Nice point to touch with, most of the people don't see this.

Bitcoin was premined too though. It is currently centralized by massive mining operations in china. It has been bloated these last few weeks too.

Granted we can solve the bloating problem and the million bitcoin premine has stayed in same address this whole time. But it really is centralized by a huge few mining companies.

No other cryptocurrency are having the same volume in transaction as Bitcoin.  Most are just being transact within a trading platform and we all know it does not went through blockchain, just a script online.  So which one will replace bitcoin?  No on are tested for scaling threshold yet.  So I wonder which cryptocurrency will replace Bitcoin.

Seems like these transactions will happen less and less once people start to understand the current atmosphere of bitcoin. You need a fee. Bitcoin is not good for moving around small amounts of money right now. It needs to change and it will. Keep voicing support of segqit and larger blocks.

Most people don't have much choices because bitcoin is still the main gateway before fiat conversion. If I have a better option I won't use bitcoin for for the meantime. Too slow with higher fees which is now no different from centralized business entities in which some of them have lower transaction fees than bitcoin.

I'm in, my transaction is one of those unconfirmed and it's already a day, okay I'm into the unconfirmed club and this is my first time to experience this.
No, I'm going to stay with bitcoin even with this problem I know this will get some solution in the near future and I don't have choice but to keep on waiting for my transaction to get some confirmation.  

Ford-T of crypto - so apt.

Well, litecoin is identical to bitcoin, but runs 4 times faster, and has hence 4 times more room.  All the rest being identical, I don't see how litecoin could crumble faster than bitcoin.  

Monero has self-adapting block size, so you simply cannot spam the block full.  You can spam yourself poor, and the blocks would increase until you're out of money, to retract again afterwards.  Moreover, monero hasn't (for the moment) any ASIC mining industry, so even though the block chain would be bulkier, and the verification much heavier, there's no structural limit, only technical costs.

Ethereum is evolving very fast, because its protocol is still entirely centralized on the Foundation, and they will never have wars like bitcoin, because they have no serious principles left after their history-rewriting hard fork.  But sometimes, bastards without principles are much useful than pristine systems with design flaws.

Finally, if you only need a swift payment system, and you don't care about speculation in the long term, but just want to be sure to get your thing done, and be sure that you will always get your thing done, there's centralized ripple.  It works like a charm, and there's no danger of Chinese maffia taking over or whatever.

I'm not entirely sure, but what is labelled spam on bitcoin may very well simply being the thing that bitcoin has been boasting for years, namely "the most secure blockchain in the world, the ledger that graves everything in stone", which has been used a lot by other applications, for exactly that.  So all this "spam" is maybe simply other applications graving their thing on the "eternal block chain".

Bitcoin is the very first crypto currency, and it contains a lot of design flaws, of which the principal flaw that one is now being hurt with is the fact that it has a hard limit on block size.  Nothing would stop bitcoin to work with bigger blocks, but that is now frozen in.   But there are many others.  Its emission curve is a disaster, making for speculation more than payment system, and its proof of work has separated industrials from users and is a huge waste of electricity and hardware for essentially a problem that could be solved in a totally different way.  So thinking that because the Ford-T of crypto cannot handle it, no modern car can handle it, is crazy.  

Bitcoin needs to scale and when it does it'll be able to sustain huge user base/transactions. as "slark" said we need SegWit and off-chain scaling. bitcoin won't be replaced by another cryptocurrency.

The most clear comment under this thread. Yes, there are negative aspects of bitcoin currently, but providing a solution to these problems are inevitable.

Unofortunatly that is what happens, some people just spam their transactions over and over again. I get it we are all frustrated but what do people have when they are sending transactions that are not that much necessary. This is just an example of somebody playing around, check this out https://blockchain.info/address/11eX8w8oF1zgAbCyGFKNGCsR7Srxvkzya spam transactions right there as you can see these transactions are all heavy with their bytes... maybe even some miner does this and mine those to raise the fees it wouldn't surprise me if they do it...



Litecoin, Dash and ETH could replace bitcoin from this moment. I'd bet on LTC if nothing happens with scaling soon, which I doubt.

Well, bitcoin transaction is over now & we should take another cryptocurrency but which is better or best crypto as a alt of bitcoin you think that will take a part of next bitcoin?

Dash, gets hit by DDOS attacks, survives and can scale unlimited amounts. Has a superior algorithm and has masternodes to back it up. Bitcoin isn't being attacked by micro-transactions. It hasn't been attacked since the minimum transaction limit was put in place. The only way to attack would be to spam large fee transactions. That would cost a huge amount, even a no fee ddos costs a fortune.