Quote from: buiting on December 14, 2017, 07:29:27 PM

Quote from: NewalTurim on December 09, 2017, 11:29:40 AM

My question is already in the subject line.
I saw today that there is about 180 k unconfirmed transactions (https://blockchain.info/unconfirmed-transactions)

Besides the fact that it undermines btc's reputation and ability as a currency, is that what keeps the price steady at the moment?

Maybe you can help me out here, but the most likely scenario for me is that this prevents the btc price from dropping right now?

thanks in advance for your input!

because lazy people who want to gain from difference between exchange sites.

moving bitcoin make this number + Spam check BCH price

yes i am one of those people who do arbitrage (not lazy one, sounds like so rude Sad

) , and it feels so annoying when your profit are pretty clear ahead but the bitcoin stuck on the network unconfirmed for hours even almost a day!

insane indeed and considering the amount large enough it is affecting the market and price itself.