How do you feel about long confirmations

[yonkii 3205]

I don't know if I have to feel bad that transcations require some time to be performed with Bitcoin. It takes one hour most of the times to see them in wallets when transfering. Of course I would prefer the transcations to be instand in a few seconds to be there, but I learn that Bitcoin is not this fast because it has a system that verifies and needs blocks upon blocks to have certainty that the transcation will not be double spend.

[Kafon 0]

I don't deal with these classic coins for me because we are now in an age of speed and time is so precious. And when I send money and it takes five hours or more, the person you sent it to may get upset.

[Adam adam 276]

Lots of stress and wasted time while I'm at the computer waiting for confirmations that may take half a day to finish. Indeed, I do not want these digital currencies because they bother me a lot and their price can change and decrease during the confirmations period.

[Johermi 1170]

Sometimes it worries me and more if it a large amount but we have to be patient because we know that a single transaction does not pass through the blockchain network but that thousands pass per second

[Edwinvicky 819]

Actually setting long confirmation transactions is bad, at least 3 confirmations is ok while some even use 1 confirmation but risky. waiting for 6 confirmation is no way for me, too long to achieve that.

[annayks 2314]

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.

I don't think there is something to feel. When you learn how Bitcoin works it is like that. If someone told you that Bitcoin was fast he probably meant that some wallet he was using accepts zero confirmations and makes sending in seconds but it is better to have six confirmation rule and this takes an hour.

[cryptovlek 2597]

I don't have a problem with that because I know the time required for transactions to reach. I have more problem with very high fees and I wasn't using Ethereum for many months as fees were really high to do anything there.

[zhoutong 2188]

If speed is more important than security you can use some coins that are centralized and have less control of your funds. Frankly I would feel better to have my transaction instantly happen but if this is about holding some coins that are very fast, I wouldn't feel too safe.

[joemcgwa 3227]

Actually I really getting bored when I'm facing long confirmation of the transactions, because I always withdraw money because I need them at the time so I'm getting disappointed when confirmation took too long.

[Jromz 2158]

Sure, none of us like that feeling of uncertainty as we wait for our transaction is completed. Sometimes, I need to move crypto between exchanges when I want to convert them to Fiat and vice versa. Here, it's especially worrying to have to wait for long confirmations when price volatility is high, and cryptos might lose the value we were expecting to retrieve.

[kryptonick 2659]

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.

When I was a beginner I didn't know a lot about it. The first time I made a transaction with Bitcoin I was confused and started looking. It was the reason I decided to learn why this was happening and found that Satoshi created Bitcoin this way to solve a problem of transactions being spend double times. With blocks covered with new blocks the possibility of an attacker changing the transactions becomes close to zero.

[sarahmoses202020 251]

I really don't like coins that takes long time before being confirmed. Although I trade a lot I'm bitcoin but when it comes to sending crypto I don't use it. I always make use of ripple because it is fast. This is one way that I would love bitcoin developers to touch. We need the transaction to be faster.

[Khan 1414]

On 2/10/2020 at 11:20 AM, Soaib khan said:

Bitcoin transaction confirmation taking very long time but if you pay high fees then transaction confirm fast.one time my transaction taked 1 day for confirmation.

Yes, that's the reason that the Bitcoin transaction fees are high and the miners are trying hard to solve the hashes and do the transaction very smoothly but the price are going up and downs.

[Ndayebo8 0]

This is for user own security any i says that its a block-chain technology when any other user sell his currency this you are able to buy it and if you sell your currency then is no one buy it therefore it take some time .

[joemcgwa 3227]

Long confirmations are really bored especially if it stay more than 3 hours and haven't any single confirmation, that's sometimes gives fear of maybe you send to wrong address.

[Husnyjaf 1784]

On 2/8/2020 at 5:57 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 you are right my friend,  some cryptocurrencies transactions are slow. Cryptocurrency having higher value and price those not mean the transaction may be fast. Bitcoin is an example, bitcoin transaction is slow due to the total number of people doing transaction a day. 

[guatazoo 7150]

On 11/13/2020 at 9:30 PM, norbercripto said:

in my case I get to have butterflies in my stomach while I wait. I know it's safe but it always makes me nervous, especially with great values.

Who tells you when the transactions is still not confirmed will be safe? When the transaction is not confirmed there is where hackers take the chance to change the destination of that transaction, although they are only hunting biggest transactions. 

[Gorge 510]

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.

Hey dear I have no experience of this kind transaction because I used the method of perfect money because its fee of transaction is minimum and its transaction speed is also very fast. So I suggest you to use this method of transaction to avoid any worry.

[mzk7736 1592]

Some blockchains have very small sized blocks which can support very small number of transactions per unit time that's why their transactions need more time to get confirmed. If you want quicker transactions then I recommend you ETH coin which have large size blocks which can transfer your money quickly

[leakydonney 1402]

One of the fundamental roadblocks in some cryptocurrencies is the long confirmation time which I normally feel bored and stressed as I feel like I lost my tokens which can hinders most of merchants to adopt cryptocurrencies as unlike credit card which process within a second  

Edited November 25, 2020 by leakydonney

[Kenciuu 1729]

If the withdraw takes long time for confirmations. I will become worried because money is involve. It is hard to earn money and if you are not sure about the website where you stored your crypto. Then I will worried but for you to lesson the worries. Choose wallet where you can trust even the confirmation is taking too long. There is possibility that the wallet takes long time confirmation because of a lot of transactions

[M.bello 1015]

Hello base on my own understanding I observed that making transaction take a long time before it confirmed I expected it to be faster when making transaction, it will not make much time if is fast

Edited November 25, 2020 by M.bello

[khan22 3478]

Long conformation is not the problem in the crypto market but the newbie think that they loss their coins and this is not good last time when the bull is come that time i send the coins to my client and he received the coins after 2 month.

[Nicole018 4548]

It will be very tiring to find transaction taking long periods of time than the necessary time periods. now we can use many other platforms through which we could execute transactions in a quick and efficient manner. Taking longer time to execute transactions can create and anxiety and stress among many users also.

[Cryptonas 1550]

On 2/8/2020 at 5:57 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.

My first transaction took me about 24 hours before my transaction was confirmed, during the process I lost hope that i won't be able to get back this money, I felt sorry for myself and went back to continue my day to day activities on crypt platform, I went back to check and I saw my transaction was confirmed since then changed from using that apps. The one am using is very fast it only take just an hour or even less than an hour to get confirmation....