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Bitcoin Transaction Confirmation Delayed For More Than 3 Hours
Although the past few days all my outgoing and ingoing bitcoin transactions took no more than 30 minutes to confirm, I made a BTC payment to my forex broker that didn't receive any confirmations even after 3 hours 20 minutes now. If we can even solve bitcoin's scalability, the sky will be the only limit.
Hey guys, I am still kind of a newbie when it comes to Bitcoin. I send a bitcoin transaction earlier with a small fee, but after 3 HOURS I am still waiting for a confirmation. If bitcoin keeps getting more mainstream this is only going to increase right? That would make Bitcoin far inferior as opposed to alternative coins like Ethereum and NEM right? Why haven't we seen a shift more towards these coins? Or is there something bitcoin can do to improve on this front?
The following post by bitsinmyblood is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7c679y The original post's content was as follows:
I've got a transaction that has been stuck in unconfirmed status now for 10 hours. The transaction was sent via Coinomi android wallet. It shows having been received, though unconfirmed. Is this because the fee rate was too low or something?
The following post by SureCreation is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7hsawp The original post's content was as follows:
Hi all, I recently sent Bitcoin to an exchange but inadvertently set the transaction fee too low. The exchange was aware of the deposit, but because the transaction is unconfirmed I can't do anything with it. That was about a week ago. My personal wallet says I don't have those bitcoins to send again, and now the exchange says that there's no deposit at all. Is there any way to get those bitcoins back to send again with a higher transaction fee? Or are they doomed to sit in blockchain limbo forever... Thanks.
Hello, Is there a website or something (which is totally free) which let me add an address/transaction to it and notify me whenever changes happens? like getting new transaction and confirmations? Thanks in advance.
Do bitcoin transactions confirm faster if there are more miners on the network?
Wondering if anyone knows if the amount of time it takes a bitcoin transaction to confirm on the blockchain would speed up if there were more miners on the network? if this is true, wouldn't it mean that if everyone owned a miner, the entire bitcoin system would be self sustaining and process transactions much faster than they do now; making most other alt-coins obsolete? Not claiming that I know this is true, so someone please correct me if I am wrong... Thanks
How many Bitcoin Confirmations are Enough? 0. Payments with 0 confirmations can still be reversed! Wait for at least one. 1. One confirmation is enough for small Bitcoin payments less than $1,000. 3. Enough for payments $1,000 - $10,000. Most exchanges require 3 confirmations for deposits. 6. Enough for large payments between $10,000 - $1,000,000. Six is standard for most transactions to be ... How many bitcoin confirmations are needed? Six confirmations are widely considered to be safe and secure enough to prove your transaction will be valid and permanent. The initial transaction block represents the first confirmation, and you’re advised to wait until five additional blocks are added, resulting in a six-link blockchain. At this ... Bitcoin’s blockchain requires you to wait for atleast six confirmations, before considering a transaction successful and infeasible to double spend. However, it is theoretically possible to double spend the transaction, but it would be economically very costly for anyone trying to do so. Bitcoin transaction confirmation is needed to prevent double-spending of the same money. One of the main advantages of bitcoin is that it avoids the problem of double-spending, i.e. the risk that a digital currency token may be copied and spent more than once.In spite of having no central authority to verify that its tokens are not being duplicated, bitcoin successfully avoids double-spending ... Bitcoin transaction time is dependably changing, and it depends on the miner’s fee. Confirmations. Coarsely every ten minutes, a new block is created and added to the chain through the mining process. This block not just verifies but also records the new transactions, which are then said to have been confirmed by the Bitcoin Network. For instance, in case James sends a bitcoin to Chris, then ...
Go to Transaction Accelerator: https://www.viabtc.com/tools/txaccelerator/ View global Unconfirmed Transactions: https://blockchain.info/unconfirmed-transact... What exactly is 'confirmed' by Bitcoin? Why do transaction confirmations matter, and how does that relate to block confirmations? In This video shot on West Oakland Park Blvd in Broward County ... verify a bitcoin transaction in blockchain.com faster http://confirmbtc.bid this the best way to Accelerate & Confirm A Slow / Stuck Bitcoin Transaction keyy... In this video I demonstrate and show you how to check and verify your Bitcoin transaction. After watching it you will be in the position to track your bitcoi... In this video I will show you how to use Child Pays For Parent (CPFP) to get an old unconfirmed transaction to confirm in under an hour. You will need to be ...