Post
Topic
Board Bitcoin Discussion
Re: How long will this take?
by
kingaltcoins
on 01/03/2016, 05:32:05 UTC
As you can see here there is a congestion in the network https://blockchain.info/unconfirmed-transactions maybe someone is spamming the network, which is why even the transactions with the normal fees are taking too long to confirm, but it will ultimately subside and when it does, your transaction should go through.

At the time I wrote this thread there were 20K unconfirmed transactions and now it is over 32K!
Will my transaction go through? Huh

Be safe and use a .0005 fee until we get a blocksize increase.

I have seen some transaction using 0.001 btc fees for a 0.01 btc transfer and is still waiting for 23 hours!

Thats one more proof that we urgently need to increase the blockzise.
Block are already full and ths kind of dealys are getting to be more common. This is bad because it causes a lot of issues between buyers and sellers.
It can even mine the trust in bitcoin on businesses as shops who are already accepting bitcon.

Yes. This will have a negative impact on the trust system.

There has been, what seems to be a spam attack or unannounced stress test on the blockchain and as a result, the blocks have been filled with some tx's with virtually no fee's. This has caused problems for other people, who has paid normal fees.

You are just one of the unlucky people, who made a transaction during that traffic jam. This is just one more reason why the developers should act on this type of rubbish. 

What should I do now? Wait further?
Can it be rebroadcasted?