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Topic: Anyone Else Noticing This (Read 2936 times)

Meuh6879

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Re: Anyone Else Noticing This

December 16, 2014, 08:23:28 PM

#21

Perfect, like ... bitcoin.

exoton

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Re: Anyone Else Noticing This

December 17, 2014, 04:40:40 AM

#22

Quote from: franky1 on December 16, 2014, 06:00:18 PM

334586 (Main Chain)    2014-12-16 17:19:42    4 mins
334585 (Main Chain)    2014-12-16 17:15:52    8 mins
334584 (Main Chain)    2014-12-16 17:08:16    8 mins
334583 (Main Chain)    2014-12-16 17:00:36    8 mins
334582 (Main Chain)    2014-12-16 16:36:50    24 mins
334581 (Main Chain)    2014-12-16 16:25:43    11 mins
334580 (Main Chain)    2014-12-16 16:19:10    6 mins
334579 (Main Chain)    2014-12-16 15:37:01    48 mins
334578 (Main Chain)    2014-12-16 15:17:36    20 mins
334577 (Main Chain)    2014-12-16 15:08:42    9 mins
334576 (Main Chain)    2014-12-16 15:06:07    6 mins
334575 (Main Chain)    2014-12-16 15:00:23    minus 2 mins
334574 (Main Chain)    2014-12-16 15:02:15    3 mins
334573 (Main Chain)    2014-12-16 14:59:00    5 mins
334572 (Main Chain)    2014-12-16 14:54:42    5 mins
334571 (Main Chain)    2014-12-16 14:49:27    7 mins
334570 (Main Chain)    2014-12-16 14:42:31    2 mins
334569 (Main Chain)    2014-12-16 14:40:14    33 mins
334568 (Main Chain)    2014-12-16 14:07:08    2 mins
334567 (Main Chain)    2014-12-16 14:05:25    7 mins
334566 (Main Chain)    2014-12-16 13:58:46

15 green = no celebration of quicker than average confirms
5 slower = crying from people that dont realise the 10 minutes is NOT a rule, but a average based on maths spanning over 2 weeks and then divided down
maths based on those 20 tx's is 10 and a half minutes-ish

Well the average block time really has been a lot less then 10 minutes so far this year because the difficulty has increased so much, this also resulted in much less of a backlog of unconfirmed transactions so many transactions were getting confirmed in one block, while now that we are seeing a more "normal" 10 minute block time, some transactions may take more blocks to get confirmed

wadili89

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Re: Anyone Else Noticing This

December 18, 2014, 06:09:33 PM

#23

Quote from: Meuh6879 on December 16, 2014, 05:11:50 PM

No problem here http://btc.blockr.io/block/list/ ... 3-4 block per hour, not too bad. Wink

Difficulty went up, or more miners switching off their equipment? I thought that the difficulty was decreasing which should have compensated for the dropping prices.

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exoton

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Re: Anyone Else Noticing This

December 19, 2014, 01:00:59 AM

#24

Quote from: wadili89 on December 18, 2014, 06:09:33 PM

Quote from: Meuh6879 on December 16, 2014, 05:11:50 PM

No problem here http://btc.blockr.io/block/list/ ... 3-4 block per hour, not too bad. Wink

Difficulty went up, or more miners switching off their equipment? I thought that the difficulty was decreasing which should have compensated for the dropping prices.

Evey time that the difficulty adjusts the average block time should move roughly halfway to 10 minutes from the previous average block time from the previous 2016 blocks. This assumes that additional miners had started mining on the network at an exactly even pace from the previous 2016 blocks (or miners were taken offline at an exactly even pace when the difficulty decreases)

Guido

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Re: Anyone Else Noticing This

December 22, 2014, 12:31:43 PM

#25

seems to be quicker and quicker in my experience

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elephantas1

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Re: Anyone Else Noticing This

December 22, 2014, 01:21:08 PM

#26

sometimes transactions take a few hours but thats normal as block time is not fixed

MarketNeutral

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Re: Anyone Else Noticing This

December 22, 2014, 03:24:15 PM

#27

https://en.bitcoin.it/wiki/Transaction_fees
Worth the read.

promojo

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Re: Anyone Else Noticing This

December 22, 2014, 05:32:54 PM

#28

With Diff/Hash going down. We could lose over half the network and still maintain these speeds. Sometimes it just takes a while. 10 minutes is just the baseline time.

fvs114

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Re: Anyone Else Noticing This

December 22, 2014, 05:37:49 PM

#29

9 of 10 transactions are confirmed in 10-15 mins but a while ago one transaction took over 4 hours to be confirmed Huh

zyzzbrah

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Re: Anyone Else Noticing This

December 22, 2014, 05:53:45 PM

#30

They are as slow as usual for me. Pay more fee if you want faster.

ticoti

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Re: Anyone Else Noticing This

December 22, 2014, 06:30:59 PM

#31

is this related to the 1kb limit per block?

btcbulldog

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Re: Anyone Else Noticing This

December 22, 2014, 07:03:23 PM

#32

Yes, last two weeks new blocks were taking FOREVER.

malaimult

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Re: Anyone Else Noticing This

December 23, 2014, 05:00:43 AM

#33

Quote from: btcbulldog on December 22, 2014, 07:03:23 PM

Yes, last two weeks new blocks were taking FOREVER.

Transactions are taking longer then usual because the difficulty has been slightly decreasing every two weeks when the rest of the year it has been going up by ~20% every two weeks. We also saw more periods then usual in which the time between blocks was significantly long.

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wadili89

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Re: Anyone Else Noticing This

December 23, 2014, 02:06:54 PM

#34

Quote from: zyzzbrah on December 22, 2014, 05:53:45 PM

They are as slow as usual for me. Pay more fee if you want faster.

The usual 0.1 mBTC fee will get it done in most cases. You cant force it faster than the time it takes to get the next block.

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mistercoin

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Re: Anyone Else Noticing This

December 23, 2014, 03:00:48 PM

#35

Nope, all good here. What tx fee are you paying? I usually pay 0.0001 and it goes within the usual timeframe for me.

Also, what client do you use.

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Lauda

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Re: Anyone Else Noticing This

December 23, 2014, 03:03:17 PM

#36

Quote from: franky1 on December 16, 2014, 06:00:18 PM

15 green = no celebration of quicker than average confirms
5 slower = crying from people that dont realise the 10 minutes is NOT a rule, but a average based on maths spanning over 2 weeks and then divided down
maths based on those 20 tx's is 10 and a half minutes-ish

Exactly! Stop crying OP and everyone else. You're starting to bother people with your whining.
Instead of celebrating the quickness of Bitcoin, all you do is complain.

Quote from: ticoti on December 22, 2014, 06:30:59 PM

is this related to the 1kb limit per block?

You mean 1 MB? No it is not.

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roslinpl

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Re: Anyone Else Noticing This

December 23, 2014, 03:19:26 PM

#37

Quote from: cyberpinoy on December 15, 2014, 11:53:01 PM

Anyone else noticing transactions getting processed a lot slower than usual? I have been noticing it getting progressively worse over the past 2 weeks. Is this a problem because the last difficulty retarget actually decreased? what could be causing these long transaction confirmations? I mean seriously 3 hours not 1 confirmation, this is not right. And the source is a trusted source they send me coins all the time.

I am sending bitcoins from Android Bitcoin wallet with a low fee @0.00001 and confirmations never took longer than an hour. Usually up to 30min.

From my point of view transactions are confirming faster than a year ago.
But this is my personal opinion. According to stats confirmations might took a little bit longer than a month ago. But I don't feel it.

Kind regards.

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