Quote from: flower1024 on December 09, 2017, 05:17:01 PM

Quote from: moooonu on December 09, 2017, 05:03:07 PM

These unconfirmed transactions are going to increase transaction fee which means more profit to the miners. Also this isn't good for bitcoin holders as they have to pay alot of fee.

Yes this is the advantage for the miners and disadvantage for users. now many people do transactions because from last 1 week the price was high and now it is decreasing so people will convert BTC to other currencies. If this takes high fee plus late confirmation means people will scare to do the transaction. If it stuck in the network who will take care?

I guess it really depend on the people who what's to do transaction because its really disadvantageous. I have transactions stuck for 2 days and I wasn't able to exchange at the precise moment when bitcoin price is high, and now I already lost a lot because of it. Although I'm frustrated I guess its much better to hold on my coins in an exchange and wait till the price goes up again. Although network congestion is down to 100,000 right now, its still really hard to make transactions unless you really set a high fees for the miners. But hey, Lightning Network will be coming so I hope this will really solved the current situation with high fees, slow confirmations.