How do you feel about long confirmations - Page 15 - Crypto World - CryptoTalk.Org Jump to content
Casinoval

How do you feel about long confirmations

Recommended Posts

It's a little bit uncomfortable to check your transaction on block chain network from time to time and find it unconfirmed because there are many thoughts that does come across our minds more especially of being scammed or losing our coins since transactions can't be reversed.

Share this post


Link to post
Share on other sites

Sometimes if we make transaction and its takes long period of time to confirm we all get worried because we use to think something may happen to the transaction. But the confirmation time is from the blockchain network. 

Share this post


Link to post
Share on other sites

It is a worrying thing, and I notice that it happens during the peak period where there are a very large number of transactions taking place at the same time, it is really worrisome and it makes me think about the possibility of fraudsters exploiting the opportunity I hope to find a solution for that

  • +3 1

Share this post


Link to post
Share on other sites

Dear for me I have no problem waiting for long periods if this is something or who I deal with reliably and will get me treated properly, it's very wonderful, even if it's a little late. I don't mind if I'm a little late. 

Share this post


Link to post
Share on other sites

To be honest is not easy and how I feel about long term confirmation is very annoying sometimes because it takes time to process although we all know is the fault of the network we used but at last after the long wait the confirmation will later be successful.

Share this post


Link to post
Share on other sites

it makes me anxious and I check address over and over however once in a while its typical in light of the fact that a few coins needs more opportunity for affirmation additionally it depends to charge and late evenings when stage has less clients adaptation gets quicker.

Share this post


Link to post
Share on other sites

Yes it's really , painful to wait those confirmations especially when we need that asap, but we can see the how many confirmations needed before sending. Confirmations can be slow if the network is busy. For example In the last couple weeks etherium network was very slow and very expensive.

  • +1 1

Share this post


Link to post
Share on other sites


it makes me nervous and i check address again and again but sometimes its normal because some coins needs more time for confirmation also it depends to fee and late nights when platform has less users conformation gets faster.

Share this post


Link to post
Share on other sites

Yes, everyone wants confirmation. In fact, personally, it's okay to wait for a transaction to be confirmed. I am in no hurry to worry about lengthy confirmations. This may not be suitable for those who want immediate confirmation as the transaction may be an emergency. If they are using bitcoins, it is better to pay for preferential verification.

Share this post


Link to post
Share on other sites
On 2/8/2020 at 6:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

Yes, really, there has been a lot of slowdown recently in most currencies during the conversion process. I think there is really a lot of pressure on the blockchain

Share this post


Link to post
Share on other sites

I personally do not find it difficult to wait for the confarmations but some of the people do not like waiting for it because they find it more convincing to make fast transactions.

  • +1 1

Share this post


Link to post
Share on other sites
On 2/8/2020 at 9:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

Yes dude  sometimes there are a person feels irritated by waiting for a long time to proceed its transactions and it takes a lot of time but we can't do anything or we can choose some cryptocurrency that provide less time in transactions

Share this post


Link to post
Share on other sites

I get scared when I get stuck in my unfinished transaction. I wonder if I will get my bitcoin and thousands of things come to my mind especially when the amount of bitcoin is high so I will just wait patiently and look at my wallet until it is confirmed. 

Share this post


Link to post
Share on other sites

I hate waiting when it comes to financial transactions, that is why for years I have not made transfers using bitcoin since its network is exaggeratedly slow for my liking, so I resort to currencies such as BNB, TRX or Nano, depending on the commissions that charge to be able to transfer funds between exchanges or wallets.

Share this post


Link to post
Share on other sites

My dear friend when transactions of my income take too long i feel very worried about that because it is the chance when the hackers and scammers can hack our wallet so it is ver necessary to keep our wallet safe. Thank you

Share this post


Link to post
Share on other sites

Its really frustrating to have to wait for soo long before a transaction could be confirmed. It is soo inconvenienting. There was a time when i really needed money and i was asked to wait for two business days before the transaction could be confirmed. It was not a good experience for me

Share this post


Link to post
Share on other sites

If it is true that some chains take too long, such as the chain of blocks, which currently holds bitcoin, but it must be mentioned that this is because there are currently many transactions that are carried out so it makes it saturate, and it takes too long time and even days is to be verified, or rather approved by some miner.
Another thing that could help us for this problem that regularly happens is that you can pay a higher network fee, so it will not take long to be confirmed, as in ethereum, there are wallet options that allow you to manipulate the amount of gas that you want to pay, so if you want to be able to receive your payment as quickly as possible, it would be to choose to pay a higher network rate, or to avoid so much spending on network rates, you could choose a currency that keeps your transfer very fast , like xrp, which in addition to being fast is cheap.

  • +1 1

Share this post


Link to post
Share on other sites
12 hours ago, Linkkon17 said:

The longest transaction was about 10 minutes, I don't think it's a long time, and I didn't think about it. If your data is correct, your money will not be wasted. Those period very stressful because you don't know where the money goes as it takes long time. At the present context I am buying bitcoin with money that I have earned through the organization. The money is already deducted but the bitcoin is in pending.

10 minutes is not much to wait for, so far my wallet has indicated that it's confirming then I'm sure that I'll receive my coin, because the Private key must be fully verified so that the coin will not go to a different wallet


 

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿Instagram🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

Yes, it feels so bad to see long unconfirmed transactions especially when you need it urgently. That was how i missed out one IEO last year, i bought btc from someone and he used low fee to send the coins and it took almost 24 hours to arrive and i missed the ieo in yobit that year and later he apologized for using low fee.

Share this post


Link to post
Share on other sites

The problem of slow transactions in the blockchains of the main cryptocurrencies such as bitcoin and ethereum, it is frustrating and desperate at the same time to wait for a bitcoin transaction, and also that they also have high fees, these two factors they are extremely negative for the crypto world. Of course there are very fast blockchains in their transactions that if one can convert for example bitcoin into trones or litecoin for example they are fast blockchains with cheap rates, it would be good to do it, of course when possible, sometimes we have to do transactions in certain currencies and there is nothing to do. Many say that slow and expensive fees are offset by more secure transactions, but the truth is that it is a problem to wait a long time for a bitcoin transaction to be confirmed.

Share this post


Link to post
Share on other sites
On 2/8/2020 at 12:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

I do not like much to wait so long for a transaction but when we have little money we have to choose simple networks with very low costs of fees, but the important thing is not the deora but to save a lot of money in fees because the fastest ones are very expensive their fees so that is not for small capital.

  • +1 1

Share this post


Link to post
Share on other sites

It took years in the world of cryptocurrencies, in the beginning I did not worry about the confirmation times, but I reached a point where it was too stressful and tedious to operate with Bitcoin, so I turned to other currencies, such as dash, Bitcoin cash, etc. Currently any option is better than waiting an hour.

  • Useful or interesting 1
  • +2 1

Share this post


Link to post
Share on other sites

I feel very ugly when a transaction takes a long time. As like Litecoin, sending Litecoin to Coinbase is very timely. Now I like to avoid transacting with Litecoin. I like to transact with USD because it is very timeless.

  • +2 1

Share this post


Link to post
Share on other sites

Hi friends hopefully you will be fine. There are different reasons for this slow process works. One of them is high traffic. On this platform day by day traffic increasing and borden on this forum. Moderator always try to overcome this situation and now this platform is doing some work extraordinary. In these days cryptotalk forum is best forum for every respect.

 

  • +2 1

Share this post


Link to post
Share on other sites

The process is slow for the best reason,  since if it faster, then there might be lot of mistakes and we all know that mistake in blockchain cannot be reversed,  so it better to wait patiently despite it been frustrating to wait. 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • New draw live on X Twitter!         Don't forget to complete all 3 tasks to qualify. The $50 prize will be divided among 10 winners ($5 each). 3 tasks!        Subscribe and retweet               Mark 2 friends               Enter your NICKNAME in WINDICE                   This week, we are celebrating Mother's Day, a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society.     For this week's challenge, we will collect gifts as symbols of love to our beloved mothers.    
    • На этой неделе мы отмечаем День матери - праздник, посвященный матери семейства или отдельного человека, а также материнству, материнским узам и влиянию матерей в обществе.     Для участия в конкурсе на этой неделе мы будем собирать подарки в качестве символов любви для наших любимых матерей.             Новый розыгрыш в прямом эфире в X Twitter!Не забудьте выполнить все 3 задания,чтобы пройти квалификацию приз в размере 50 долларов будет разделен между 10 победителями(по 5 долларов каждому)   3 задания!                  Подписывайтесь и ретвитит        Отметьте 2 друзей                   Введите свой НИК в WINDICE  
    • Очень странно как-то получилось с этим 3-им уровнем, где раздали по 368.000 ММ почти 6 тысячам пользователям и не больше, хотя народу было очень много. Видимо нужно было проверять себя на элегибл, соответствие 10 дари и стейкинга подписав там их контракт, что я делал каждый день, видимо из-за этого получилось столько получить. А в Гелакси я не участвовал, хотя условия были в первой неделе простым.
    • Ого! А где это нужно было клэймить?) Там была кнопка, да?) Я что-то не понял, не видел у себя ее, хотя точно попадал на 3-ий этап... Мне вот 20к ММ дали, но уже не помню, это вроде было за GALXE компанию. У меня всего 120 ММ в итоге вышло, я значит за 3-ий этап не получил, странно. =(
    • Посмотрим что и как 8 мая, уже совсем скоро. Там же эирдроп делится на две части еще: эирдроп для "Masa Early Adopter" - тут мы мимо. Мы участвовали в "SBT Masa Airdrop Quest", по идее также будет, должны распределить 11 мая. 👀
    • Угу, новые задания появились, бесплатные я конечно выполнил, но вот до платных до сих пор не добрался... Хз, но раз время еще есть, то думаю сделаю какие-то. А лидеры потому и имеют столько понтов, т.к. делают транзакции и это грамотно. 
    • Эх, по факту уже завтра можно было бы получить 6 лвл, т.к. оказывается если бы 30 дней подряд в апреле выполняли ежедневные действия, то дали бы аж +1500 алмазов, а если 15 или больше дней, то +500 алмазов. Но я так понял не выполнил это. =(( Обидненько... 
    • Внедрили новую функцию — сканер QR-кода для быстрого и безопасного ввода адресов кошельков. Эта функция упрощает транзакции, позволяя пользователям сканировать QR-коды с мобильных устройств или изображений для мгновенного заполнения адреса кошелька. Больше нет необходимости вручную вводить длинные адреса, что снижает риск ошибок и ускоряет обмен. Для использования сканера кликните на иконку в поле ввода кошелька. Мы стремимся улучшать наш сервис, делая процесс обмена удобнее и безопаснее. Надеемся, вы оцените нововведения. *Проверяйте надежность сканируемых QR-кодов.С уважением,Команда Hinadex
    • Кошелек, который бездействовал более 10 лет, проснулся и перевел все 687 BTC ($43.9 млн) на другой адрес.  Пользователь (https://blockstream.info/address/15WZNLACuvcDrrBL2btDErJggnaMQtHh5G) купил монеты 12 января 2014 года, когда цена составляла $917 за 1 BTC. _____________________________________________________________________    1 750 000 Bitcoin - кошельков остаются неактивными более 10 лет — они суммарно содержат 1 798 681 BTC стоимостью $120 млрд. Некоторые кошельки периодически просыпаются и переводят монеты на другие адреса или на биржи.
    • Спрос на биткоин активно растет Цена биткоина в значительной степени зависит от институционалов, и рынок внимательно наблюдает за их активностью. В прошлую пятницу впервые был зафиксирован чистый приток средств в Grayscale Bitcoin Trust (GBTC) в размере $63 млн.   Запуск спотовых биржевых биткоин-ETF стал мощным толчком к росту криптовалюты. Это видно по индикатору чистой нереализованной прибыли/убытков (NUPL), который в настоящее время превышает значение 0,5. Это свидетельствует о фазе эйфории на рынке. Поскольку халвинг BTC считается бычьим событием, спрос на актив, как правило, растет вслед за сокращением вознаграждения за новые добытые блоки. Во время последнего бычьего цикла в 2020-2021 годах стадия эйфории была достигнута через восемь месяцев после халвинга. С другой стороны, в этот раз то же самое произошло почти за шесть месяцев до халвинга.   Таким образом, если ETF будут постоянно стимулировать спрос, восстановление может ускориться.   Взято из источника - https://ru.beincrypto.com/btc-dlya-vosstanovleniya/
×
×
  • Create New...