Post
Topic
Board Bitcoin Technical Support
Re: Is the "network" slow today?
by
Xavofat
on 11/11/2017, 09:53:30 UTC
ok thanks guys for your replies, next time I will check the number of unconfirmed tr. before giving an order for buying
What you should be checking is the transaction fees that you need to pay.
The exchange I am using (coins.co.th) does not allow me to chose a transaction fee when buying btc
As soon as possible then, you should be moving your coins to a wallet which you control.  Otherwise any problem with their fee estimation system is a problem for you.  If you don't own the private keys, you don't own the coins.
As a noob, am wondering how can the btc future be influenced by this and what are the solutions to it?
-Various solutions to try and increase efficiency (e.g. using SegWit)
-Offchain/second layer solutions like the Lightning Network
-Block size increases.