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How do you feel about long confirmations

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It is very annoying process for me. The transactions shouldn't take so much time, it's make me worried. But as far as transactions process is going good then it's not a big problem but yes it's annoying.

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On 3/27/2020 at 7:09 PM, khan22 said:

Long conformation always bored you becasue when someone will send the BTC from one wallet to another so the other person will need to buy some coins or need to be withdraw the money but the conformation will give us tension so much, we need quick transaction.

As for fast transaction the users can have the lighting nods.where they can have fast transaction with some extra fee.But the method is very hard for newbies they have to fill these accounts for transaction.In future i think we have the fast transaction facility on every transaction.

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On 3/27/2020 at 6:47 PM, Solson said:

There is a high probability that this is affected by slow Internet networks or too many Internet users who are simultaneously online, so you need to be patient while you wait for confirmation.

So the more the demand is bad for confirmation speed, i suspected that long ago, but what happens when more people use bitcoin, would confirmation speed suck more?

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most of the time, it makes someone to loose hope and thinking may be other negative things has happened. You can use some platform that are built from ground for speed such as KoinPro. It's easy to create an account and start inviting in just a few steps with KoinPro platform which is simply fast, secure, and built for winner https://www.koinpro.com/r/2QZ3 

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having patience in yhe trading and crypto conssider a good thing but when it comes for thr confirmation regarding any type of transactions we become curious and can't able to wait for long time

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On 2/16/2020 at 10:54 AM, babaji said:

I am always anxious when my transactions are stuck in limbo. There is no way to get those coins, if the coins are not confirmed, and you cannot do anything but wait. Hence I prefer coins like LTC, which doesn't take so much time, btc takes just too much time

assume there are a few cash that have very high transaction speed like xrp and dash , i generally switch with xrp handiest for it's pace and coffee price

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Well, cryptocurrency has its disadvantages and one of them is that sometimes it is getting busy and we see very long confirmations but I believe that some crypto technology would fix this.

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In fact, I love fast things, but if you wait, there is no escape from it, so we must learn patience and wait for these transactions to end, so it is finally on our side, when we wait for the good result.

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On 2/9/2020 at 12:14 PM, Lubruselu said:

When my transactions are took too long to be confirmed, I always be so worried, because this are the chance of the hackers to hack unconfirmed blockchain transactions

Of course if the hackers gave been noticed the wallet address that's have unconfirmed transactions, they will have chances to hack it, and that's why blockchain are generate new wallet address once old one is already used in order to avoid transactions tracking.

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Despite my confidence in cryptocurrencies, but I and all members feel anxious and afraid and we are waiting for the completion of transactions and this matter because of the fraudsters who always threaten theft


 

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It is frustrating sometimes when the transactions take too long to process. When there are too many transactions in the blockchain it takes a lot of time for all of them to be processed so it is stressful sometimes but i also understand that such long confirmations are necessary to ensure the security of the transaction. So i would say these confirmations are very much required.


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I feel very annoyed about the late confirmation of transactions, especially in the bitcoin currency, which is why I no longer deal with it and I have become dealing with the dash currency, it is very fast and almost does not need confirmation.


 

Life is great and enjoy it

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Boredom may come to you or you feel some suspicion that it puts everything you have and it is not surprising in that because it requires a lot of time. One of the reasons for the delay is because it is old fashioned and also for reviewing the process.and I do not tolerate these things as long as I will get what I want


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To be honest, I don't care, the most important thing is that the cryptocurrency reaches the final wallet that I specified, I can wait for confirmation for more than 12 hours and not worry 

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I usually make bitcoin transactions at night when I want to go to bed. I choose the lowest fees possible (between 1 sat/byte and 2) because time is not important for me. I adjust my fees and send my BTC to the specified wallet address. After that I shut down my PC and go to bed. When I wake up the next morning, I check to see if any miner has taken my transaction or not. It is usually done before 12 AM. It depends on network traffic on that day. If you can't tolerate to wait for confirmations, try this method.

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Certainly it is annoying, when the transfer transactions take a long time, but I think this is necessary in order for the transfer to be safe and prevent the hackers from stealing your money by penetrating the blockchain transactions.

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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

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depending of speed of the network however many coins require several confirmations in order to process withdrawals and deposits, each coin handles a number of confirmations this is also for the security of the network itself.

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I think Bitcoin is one of the slowest networks, almost 7 transfers per second, but its security is very high, it is not possible to look only at the number of transfers per second, there are many important factors in the blockchain network, the most important of which is investor confidence in it.

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Well, the confirmations in the cryptocurrency transactions, I see as the steps being taken to be on the safer side. Since the confirmation progress is shown, I see it as a security check that requires patience. 


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To be honest, I am annoyed by the long confirmation of transactions, sometimes I can not wait more than 3 hours, and therefore I always use only cryptocurrencies that have confirmations made quickly.

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Yes sometimes it take a lot of time before you request transaction will be confirmed and process it is just because you are not the only people who make transaction. That's why there are some delays specially in confirmation request but it is not a  problem because it is normal occuring in blockchain.

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On 4/30/2020 at 10:51 PM, Captain Karim said:

I think Bitcoin is one of the slowest networks, almost 7 transfers per second, but its security is very high, it is not possible to look only at the number of transfers per second, there are many important factors in the blockchain network, the most important of which is investor confidence in it.

I think that long confirmations is not that great but as long as it will confirm my safety then I think that would be great because security is much greater priority than the time of confirmation and I think that we should be okay with the long confirmations. 

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The time taking for the deposit of currencies to any wallet is due to the process they are going through 6 times after getting approved from all six stages then it will deposit on your wallet this is the reason we are facing late confirmation of payment in our wallet also this is done to secure our money so that we can easily do transaction.

Edited by Jimmy26

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