Post
Topic
Board Bitcoin Discussion
Re: How long will this take?
by
sallymeeh27
on 01/03/2016, 11:43:04 UTC
Yesterday I bought paypal money in exchange with btc and the deal was smooth as usual.

I sent the bitcoins and the transaction is here > https://live.blockcypher.com/btc/tx/2c8e29c797ec493df08b35b4012029445ea2bc420e32a685e6708f359a0ad5af/

Already 15 hours has passed and not a single confirmation has been done. Will this transaction reverse or just take more time than usual because of blockchain spams transactions?

I do not really think the fees is too low. Is it?

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.

I haven't experience this transactions maybe its because I don't have much of it. I am even innocent to transact this kind of process. I am not even sure if this is safe for me or if I am doing the right thing. Or should I trust someone if ever I need this and have everything process out. I really need to learn a lot from here.. Thank you setting this example.