Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RayX12
on 08/05/2017, 19:57:50 UTC
i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

No particular source... I am just an average user that is having huge problems getting the BTC transferred from a wallet to an exchange.  That is a fiasco, and from what I have read many other people have the same problem.

Ok, I thought you were refering to something new.

Also I wouldn't consider it a "fiasco". I mean, are you sure the problem isn't in the exchange end?

Have you checked the transaction in blockchain explorer to see if it is already confirmed but the exchange is not acknowledging it?

Did the transaction include a proper fee? Unless you set it up manually, it should be ok though.

Anyways, yes, Bitcoin needs to solve the scaling problem asap. But that is already "discounted" in current price. Once that get solved expect the price to skyrocket.


All the transactions show in bitcoin.info as Unconfirmed.  I have been raising the fees manually because my wallet was sending 0.0001 for all transactions.
In my latest transaction I sent 0.25 with 0.0005 (240 satoshi/byte) but when this gets processed it gets added to another 0.5 BTC and then the fee per byte drops to 96??

see the tx: https://blockchain.info/tx-index/44af690b488daae59c2ca4bd055a6dc29378e11e51853de4e0763e72f8dd3e3e