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Topic: WOW!!! New Record 200622 Unconfirmed Transactions - page 8. (Read 6949 times)

sr. member
Activity: 560
Merit: 253
I just dont understand how big miners who block SegWit do not understand they will fuck up BTC this way, their main source of profits. For us, users, it s very easy to switch to some altcoin.

Dear miners, the balls is on your side of the court.

Miners get rich from fees.
legendary
Activity: 1204
Merit: 1028
I just dont understand how big miners who block SegWit do not understand they will fuck up BTC this way, their main source of profits. For us, users, it s very easy to switch to some altcoin.

Dear miners, the balls is on your side of the court.

Miners are paid by the PBOC, which has trillions of dollars to bribe them, so they make more money by causing havoc in bitcoin than by being positive actors. Of course they also have the mission of killing nodes via BUcoin to take the power to UASF way from nodes.

But sooner or later Jihad will be kicked out of the network by angry users.
hero member
Activity: 714
Merit: 501
You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.

no we are like "losers" who are standing in a long line outside of a nightclub complaining why the "they" don't make the place bigger so it can house more people in.
and the worst part is, "they" don't own the nightclub but they are causing the current state.
newbie
Activity: 29
Merit: 0
Well, its either bitcoin or some scam coin like ripple or dash.

Cant have both.

hero member
Activity: 1498
Merit: 596
Now it has 191k unconfirmed transactions. The numbers are getting low.
https://blockchain.info/unconfirmed-transactions

I think miners are doing their best to confirm all the transactions.

Don't we need more miners to solve this issue?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved. Grin

The capacity is currently at around 300k transactions a day.
If we would all make only 1-2 inputs 1 output transactions it would go to 450-500k.
Taking into account that merchants also need to collect all payments into an address it would take only the daily usage of 200 000 people buying one thing to clog the network.

Should we start talking how many transactions are made only at walmart and only in NY?


Now it has 191k unconfirmed transactions. The numbers are getting low.
https://blockchain.info/unconfirmed-transactions

I think miners are doing their best to confirm all the transactions.

Don't we need more miners to solve this issue?

You've been around for one and half year and you have no clue how bitcoin works?

More miners will just raise the difficulty and nothing more.
One guy with a cpu miner or 1 billlion s9 mining , the number of transactions will be the same.

legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
I just keep paying like huge fees just to ge tmy transactions done in a reasonable time or they would be stuck in the mempool for days. It's the miners who want huge profits and are holding Bitcoin and the rest of us to Ransom..Eventually people will end up using Paypal again for daily transactions and just use Bitcoin as a store of value against other altcoins.
legendary
Activity: 3122
Merit: 1140
Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  Roll Eyes
I am not sure about that. and why  the price rises? Are there many new buyers of bitcoin out there? Many people don't know about altcoins they know bitcoin. In recent days, bitcoin more popular because ransomware wannacry
That ransomware situation do might really have an effect on increasing the price but in exchange of that its reputation have been stained by negative which is not good for bitcoin because people will really see that bitcoin can really be used on illegal things.Price do increase normally when theres demand and if theres lots of demands then expected there would be lots of transactions.
hero member
Activity: 3010
Merit: 794
WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved. Grin
This is what im thinking too but going back to $1k price seems really hard already and considering on the price as of now it has a good support and wont crash easily to go back on low level.Regarding unconfirmed transactions sad to say im already got used to it as the time goes by on bitcoin world.I treat it already as a normal thing for me if you dont like to wait then pay up huge fees.Simple
hero member
Activity: 812
Merit: 501
Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  Roll Eyes
I am not sure about that. and why  the price rises? Are there many new buyers of bitcoin out there? Many people don't know about altcoins they know bitcoin. In recent days, bitcoin more popular because ransomware wannacry
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.

Once all the losers goes to next club who is actually doing a lot of changes/improvments (and it's easier to change things in smaller club) the only loser is the first nightclub, which will close or do everything to get losers back Smiley
sr. member
Activity: 338
Merit: 253
You guys are like losers standing in a long line outside of a nightclub complaining about how bad the nightclub is.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
I just dont understand how big miners who block SegWit do not understand they will fuck up BTC this way, their main source of profits. For us, users, it s very easy to switch to some altcoin.

Dear miners, the balls is on your side of the court.
hero member
Activity: 994
Merit: 544
lmao that brings the recommended fee to 400+ satoshis per byte.
Meanwhile solution proposal support looks like this:



So this isn't gonna be solved anytime soon, and we'll be seeing an ever-growing mempool for a while.

There is a huge blocks that needs attention and the huge demand and transaction traffic has been great lately rendering transactions to take very long. Guess that will explain the huge number and record breaking unconfirmed transactions. And if we look at the graphs the solution to make things faster is far from reality. The only solution today is to stop the spam attackers that attacks blockchain.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  Roll Eyes

in what world a centralized, pre-mined, pump and dump, buggy, in some case bloated, insecure altcoin is better than bitcoin?
maybe next time you make a throwaway account, make sure to also give us some example Smiley
hero member
Activity: 3150
Merit: 937
WOW!!!

NEW RECORD over 200622 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


╥AztekPhoenix

The bitcoin price is record so the unconfirmed transactions hit a new record level.
This is normal and ridiculous at the same time.
If the btc price returns to 1000 USD the problem will be solved. Grin
hero member
Activity: 770
Merit: 629
Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  Roll Eyes

You don't need a block chain to trade its IOU on exchanges.
sr. member
Activity: 420
Merit: 251
lmao that brings the recommended fee to 400+ satoshis per byte.
Meanwhile solution proposal support looks like this:



So this isn't gonna be solved anytime soon, and we'll be seeing an ever-growing mempool for a while.
member
Activity: 110
Merit: 10
Talkbitcoin.......as they say in Oz...please explain
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  Roll Eyes

come back to this comment after some time has passed.
lets say 6 months to a year and by then you will get a very clear answer to "WHY".
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