Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
nioc
on 14/07/2016, 22:13:32 UTC
Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

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Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

Estimate by this oft quoted website https://bitcoinfees.21.co/  0-1   blocks

Somebody please turn btc off and then on again.


This post should please JJG


Why would I be pleased?

It seems that every time you engage in some kind of BTC transaction, you have some drama, like as if you expect the transaction to go through immediately, but for some reason it takes a bit of time, yet you don't really post specifics, except various assumptions that the transaction is taking too long.

In the past 6 months, I have made about 30 transactions, and mostly, they take between about 15 minutes to an hour to confirm with three confirmations and range between a few hundred dollars and 30BTC.   The fees have generally been under $.10 per transaction.

Maybe your expectations are too high?  Or maybe you are doing something incorrectly?  Even if it takes 4-6 blocks to confirm, so what?  that is still under an hour, no?

Sarcasm.

Not everytime just when I have an issue.  The fee was 60 satoshi per byte and at ~500 bytes that is $.20

Where do my expectaions come from?  from the block explorer:  Estimated Confirmation Time    Very Soon (High Priority)

And as I said the site Alex likes to quote: 0-1 blocks

Now waiting for 6 blocks

I just want somebody to turn btc off and then on again as this is the recommended fix for computer stuff.

Bitcoin is not the same as ETH or some of those other centralized coins (proclaiming to be decentralized)... You cannot turn it off and then on again... Helrow?

I thought that worked with everything? Tongue

I finally received my btc. Smiley  I don't know why the miners weren't including the transactions with the size of 502 bytes even with a larger fee.  Total wait time till 1st confirmation was ~4 hrs 15min.

Whew, now I can hodl  Grin Grin Grin