>> (p.1)
    Author Topic: Never mind the value...  (Read 1135 times)

    • Chief Satangkai (OP)
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    April 16, 2013, 07:48:10 PM
     #1
    ...what the fuck is up with the insane time it takes to transfer
    and confirm your coins from A to B nowdays ?  I have made four
    transactions this week and each took between 4 to 6 hours to
    complete (6 confirmations)  It used to be so much faster...  Huh

  • Mike Christ
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    April 16, 2013, 07:51:42 PM
     #2
    That's odd.  You're including fees, right?  Normally my transactions take maybe half an hour to clear out with 6 confirmations.
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  • ammo88
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    April 16, 2013, 07:52:32 PM
     #3
    I've noticed this too.. It's really a bummer, not sure what causes it.
    It most certainly ain't anything regarding fees. I've had numerous transactions with fees of 0.0015 (which I considered quite high when value was around $200/BTC) which didn't enter 3 and sometimes 4 blocks mined. Something else is causing this delay...
     Huh

  • tysat
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    April 16, 2013, 07:52:39 PM
     #4
    Quote from: Mike Christ on April 16, 2013, 07:51:42 PM
    That's odd.  You're including fees, right?  Normally my transactions take maybe half an hour to clear out with 6 confirmations.

    Half hour for 6 confirmations?  That's twice as fast as it should be.

    @OP  What Mike Christ said, are you including fees?  If so, maybe you need to up them a little.

  • Mike Christ
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    April 16, 2013, 07:55:43 PM
     #5
    Quote from: tysat on April 16, 2013, 07:52:39 PM
    Half hour for 6 confirmations?  That's twice as fast as it should be.

    I wasn't timing it so I could be off Tongue  Didn't feel like it took a terribly long time, tho.
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  • tysat
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    April 16, 2013, 08:01:51 PM
     #6
    Quote from: Mike Christ on April 16, 2013, 07:55:43 PM
    Quote from: tysat on April 16, 2013, 07:52:39 PM
    Half hour for 6 confirmations?  That's twice as fast as it should be.

    I wasn't timing it so I could be off Tongue  Didn't feel like it took a terribly long time, tho.

    It's probably about an hour, as bitcoin blocks average to 1 block every 10 minutes.

  • Ekaros
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    April 16, 2013, 08:02:29 PM
     #7
    Shouldn't it be about an hour from time it enters the chain?

    Time to chain, is up to fees, or then there is something strange on some implementations...
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  • blockbet.net
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    April 16, 2013, 08:17:39 PM
     #8
    Depends on transaction size too right? If you're trying to send 0.0x btc or something like, it'll likely take a long time.
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  • Remember remember the 5th of November
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    April 16, 2013, 08:19:24 PM
     #9
    The higher the fees, the higher the chance it get's included in a block faster. In the far distant future, when and IF bitcoin succeeds, you'd be paying like 0.00000000000000000000001 fee. Likely even less, as this is per transaction, and by then the value of such a small coin will be very very high.
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