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Showing 6 of 6 results by blooser
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Topic
Board Bitcoin Discussion
Re: Mempool size is getting smaller, WE ARE HOLDING!
by
blooser
on 22/12/2017, 17:31:14 UTC
I know that at first sight, it looks dramatic. BTC's price is down by more than 25%, but guess what, the number of daily transactions is down, and so is the backlog of unconfirmed transactions. People are holding!

https://blockchain.info/charts/mempool-size

It's true that BTC's price has reached an unexpected height those past few days, and that a correction was due, but data shows there's no panic selling. BTC remains strong.

Bitcoin has a price that will attract a lot of new investors, when the people holding see the orderbooks and notice new large amounts of money sitting in there then they will panic sell.
The mempool getting smaller doesn't really mean that the price will pump.

What price do you mean? The one before or during crash?
I agree that there is a panic sell going on right now, however this is an overreaction just like the last Bitcoins value increase that was massive as well. Without this correction Bitcoin will never establish itself.
Post
Topic
Board Bitcoin Discussion
Re: Mempool size is getting smaller, WE ARE HOLDING!
by
blooser
on 22/12/2017, 17:05:48 UTC
Be cool people..
Whats happening right now is a normal correction that HAS to happen so that bitcoin can establish itself with a more stable value. Once a more stable value is established, all those critics that are opening their moulth right now will loose their strongest argument against bitcoin and crypto currencies.

The strong fall of bitcoin value is just as an overreaction just like the increse in value that happend during this month. It will probably countinue to fall untill the panic is over and then rise again. Not like it happend before but more steady.
The questin is what is bitcoin going to be? Right now we are looking at a investment gamble vor lucky cowboys with a huge media publicity that is helping to establish bitcoin as an actual currency that it should be.
Mark my words. This crash is not the end. Its going to be the beginning of bitcoin as an established currency. Blockchain will stay.

Stay chill and watch
Post
Topic
Board Bitcoin Technical Support
Re: [free] help with your stuck transaction
by
blooser
on 22/12/2017, 05:06:59 UTC
Hello,
 If someone could help me with my stuck transaction i will tip them of course.
Im a new member and so far im very surprised how helpful this community is.

My trans ID: be3914bc7560ee348ccdc75ced6d901fc1cfbaf1dc53265058bd20b4d5cadf9f


Thank You!
Post
Topic
Board Bitcoin Technical Support
Re: Why is my Bitcoin transaction still not confirmed ?
by
blooser
on 21/12/2017, 20:14:21 UTC
Thank you for your quick answer. But isnt 2 days still way too Long for 390 Satoshi ? Can someone guess the time it will still Need ? Thank you
There is no exact time to know when your transaction will confirm but estimation you can check it from bitcoinfees that i already posted above..
You can also use free service here check this one https://bitcointalk.org/index.php?topic=2623876.msg26715189#msg26715189 try to post your txid there and request to push your transaction and accelerate..
According to bitcoin fees your estimation time is 35-Inf in my own estimation i think it takes more 3-5 days before your transaction to confirm.. So if you use some accelerator it can speed up your transaction so don't be late testing their free service before they going to be paid service.

Thank you Guys! Great Community ! Greez from Germany
Post
Topic
Board Bitcoin Technical Support
Re: Why is my Bitcoin transaction still not confirmed ?
by
blooser
on 21/12/2017, 19:09:42 UTC
Thank you for your quick answer. But isnt 2 days still way too Long for 390 Satoshi ? Can someone guess the time it will still Need ? Thank you
Post
Topic
Board Bitcoin Technical Support
Why is my Bitcoin transaction still not confirmed ?
by
blooser
on 21/12/2017, 17:51:36 UTC
Hello, two days ago Ive made a Bitcoin Transaction via Electrum Wallet. My Trans ID is be3914bc7560ee348ccdc75ced6d901fc1cfbaf1dc53265058bd20b4d5cadf9f

Usually its not taking THAT long. When will the Transaction be confirmed ? I have no more Bitcoin left on my account so its not possible for me to send a second transaction with a higher fee.

Fee per Byte is 390.605 sat/B. The amount is 0.052 Bitcoin.

Thank you for your help!