**bitcoin confirmation times are absolutely horrible

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  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 26914

    #1
    **bitcoin confirmation times are absolutely horrible
    2 hours and counting and i don't even have 1 confirmation yet

    maybe we could have 200 more forks, has to be some way of making this smoother

    • [*=center]AMOUNT TRANSACTED
      15.68576863 BTC
      [*=center]FEES
      0.00021018 BTC
      [*=center]RECEIVED
      about 2 hours ago
      [*=center]CONFIRMATIONS
      0/6
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    increase the fee MAY help
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388189

      #3
      Hit or miss mike

      Depends on traffic
      Comment
      • ronald
        SBR MVP
        • 10-31-05
        • 4918

        #4
        Your fee is too small you cheap fukk.

        Make it 0.001 and just don't buy a Big Mac that day if you're worried about saving money.
        Comment
        • shocka1212
          SBR Posting Legend
          • 10-06-12
          • 16788

          #5
          Monday morning is too busy... btw, 3am is perfect time to buy if you guys are into that sort of thing.
          Comment
          • milwaukee mike
            BARRELED IN @ SBR!
            • 08-22-07
            • 26914

            #6
            Originally posted by ronald
            Your fee is too small you cheap fukk.

            Make it 0.001 and just don't buy a Big Mac that day if you're worried about saving money.
            i use kraken/coinbase so i have no control over that fee... believe me i would much rather pay $5 than have hold risk of hundreds

            3 hours and still 0 confirmations
            Comment
            • The Kraken
              BARRELED IN @ SBR!
              • 12-25-11
              • 28917

              #7
              Originally posted by milwaukee mike
              2 hours and counting and i don't even have 1 confirmation yet

              maybe we could have 200 more forks, has to be some way of making this smoother

              • [*=center]AMOUNT TRANSACTED
                15.68576863 BTC
                [*=center]FEES
                0.00021018 BTC
                [*=center]RECEIVED
                about 2 hours ago
                [*=center]CONFIRMATIONS
                0/6
              Mikey I don't know anything about BTC but ran those numbers through a BTC converter on google and it looks like you're paying $1.17 in fees on a $91,000 transaction, is that correct?

              That's a lot of moola in BTC brother, glad to see someone doing well
              Comment
              • milwaukee mike
                BARRELED IN @ SBR!
                • 08-22-07
                • 26914

                #8
                Originally posted by The Kraken
                Mikey I don't know anything about BTC but ran those numbers through a BTC converter on google and it looks like you're paying $1.17 in fees on a $91,000 transaction, is that correct?

                That's a lot of moola in BTC brother, glad to see someone doing well
                that whole transaction isn't me, and withdrawal limits are pretty much $10k/day on bitcoin everywhere... i sweat the price movement on 10k enough, 90k and i might start throwing things waiting all day.

                normally i wouldn't care, but there's a hard fork in about 10 hours which coinbase doesn't support, so i could easily be getting screwed out of 500 if this goes too long
                Comment
                • littlekona
                  SBR Hall of Famer
                  • 11-19-15
                  • 5241

                  #9
                  Originally posted by milwaukee mike
                  2 hours and counting and i don't even have 1 confirmation yet

                  maybe we could have 200 more forks, has to be some way of making this smoother

                  • [*=center]AMOUNT TRANSACTED
                    15.68576863 BTC
                    [*=center]FEES
                    0.00021018 BTC
                    [*=center]RECEIVED
                    about 2 hours ago
                    [*=center]CONFIRMATIONS
                    0/6
                  It also could be you have un confirmed transactions in your BTC stream that will slow things down but your fee is low...If in a hurry always use this site and there recommended fee and you will be happy https://bitcoinfees.21.co/
                  Comment
                  • Gooleez21
                    SBR Sharp
                    • 08-31-12
                    • 445

                    #10
                    Stop using coinbase it's shite
                    Comment
                    • RonPaul2008
                      SBR Hall of Famer
                      • 06-08-07
                      • 6741

                      #11
                      I'm waiting in a nitrogen payout for nearly 10 hours and not wanting to miss the fork.

                      Originally posted by milwaukee mike
                      that whole transaction isn't me, and withdrawal limits are pretty much $10k/day on bitcoin everywhere... i sweat the price movement on 10k enough, 90k and i might start throwing things waiting all day.

                      normally i wouldn't care, but there's a hard fork in about 10 hours which coinbase doesn't support, so i could easily be getting screwed out of 500 if this goes too long
                      Comment
                      • PeterJohnson
                        Restricted User
                        • 10-10-17
                        • 908

                        #12
                        LocalBitcoin.com sir the quickest!





                        Originally posted by milwaukee mike
                        that whole transaction isn't me, and withdrawal limits are pretty much $10k/day on bitcoin everywhere... i sweat the price movement on 10k enough, 90k and i might start throwing things waiting all day.

                        normally i wouldn't care, but there's a hard fork in about 10 hours which coinbase doesn't support, so i could easily be getting screwed out of 500 if this goes too long
                        Comment
                        • CWD
                          SBR Hall of Famer
                          • 01-22-12
                          • 7667

                          #13
                          29000 unconfirmed transactions at moment

                          few months ago $1.17 or $2 tops was more than enough to push through quick when unconfirmed # was a lot higher

                          now people are talking $6 ? thought it was supposed to get better as time went on not worse
                          Comment
                          • JIBBBY
                            SBR Aristocracy
                            • 12-10-09
                            • 83691

                            #14
                            Originally posted by Gooleez21
                            Stop using coinbase it's shite
                            I agree the fees are absurd and now there are delays in transfers from what I've seen.. Garbage.. Makes me not want to use bitcoin period when you factor in the high fees with every transaction...

                            Almost ready to go back to using ccredit ccards and then just cancel the card the next day after the charge goes thru to avoid any further fraud and CC number compromising.. No fees with CC's..
                            Comment
                            • Courtesywipe
                              SBR MVP
                              • 09-02-11
                              • 1623

                              #15
                              God damn transaction times cost me $$ today.

                              Got to be a better way.....
                              Comment
                              • MeanPeopleSuck
                                SBR Wise Guy
                                • 04-29-17
                                • 950

                                #16
                                Originally posted by ronald
                                Your fee is too small you cheap fukk.

                                Make it 0.001 and just don't buy a Big Mac that day if you're worried about saving money.
                                Most exchanges don't let you choose your fees. I'd guess that's his situation.
                                Comment
                                • MeanPeopleSuck
                                  SBR Wise Guy
                                  • 04-29-17
                                  • 950

                                  #17
                                  The congestion today is owing to the hard fork tonight.

                                  I'm going through the hell of waiting for $6000 in usd tethers, confirmed sent, no word on receiving end 6 hours ago.

                                  Sending from Polo, I couldn't choose fees.
                                  Comment
                                  • CWD
                                    SBR Hall of Famer
                                    • 01-22-12
                                    • 7667

                                    #18
                                    Originally posted by JIBBBY
                                    I agree the fees are absurd and now there are delays in transfers from what I've seen.. Garbage.. Makes me not want to use bitcoin period when you factor in the high fees with every transaction...

                                    Almost ready to go back to using ccredit ccards and then just cancel the card the next day after the charge goes thru to avoid any further fraud and CC number compromising.. No fees with CC's..
                                    amex serve always worked for me online but this was few months ago

                                    $1 per month the only fee, free load at 7-11 or wherever

                                    ******** stopped working at my book tho, but their fees higher

                                    that beats btc any day, cashing out could be headache tho
                                    Comment
                                    • MinnesotaFats
                                      SBR Posting Legend
                                      • 12-18-10
                                      • 14758

                                      #19
                                      Jordan Belfort recently said Bitcoin is a scam....

                                      IDK, guy is pretty inside when it comes to identifying scams.
                                      Comment
                                      • milwaukee mike
                                        BARRELED IN @ SBR!
                                        • 08-22-07
                                        • 26914

                                        #20
                                        Originally posted by Gooleez21
                                        Stop using coinbase it's shite
                                        i realize that, but kraken won't send me wire transfers and gemini isn't in wisconsin yet

                                        for now it's the lesser of all the evils for someone like me that wants something easy

                                        today actually worked in my favor for once... made a few bucks even with those silly fees... usually i'm on the wrong end of price movement
                                        Comment
                                        • milwaukee mike
                                          BARRELED IN @ SBR!
                                          • 08-22-07
                                          • 26914

                                          #21
                                          Originally posted by MeanPeopleSuck
                                          The congestion today is owing to the hard fork tonight.

                                          I'm going through the hell of waiting for $6000 in usd tethers, confirmed sent, no word on receiving end 6 hours ago.

                                          Sending from Polo, I couldn't choose fees.
                                          what does tethers mean?

                                          good luck... i was sitting on that 10k all day, the 350 move in my favor could've easily been 350 against me ($700 difference in 10k isn't something people should be comfortable with)
                                          Comment
                                          • MeanPeopleSuck
                                            SBR Wise Guy
                                            • 04-29-17
                                            • 950

                                            #22
                                            Originally posted by MinnesotaFats
                                            Jordan Belfort recently said Bitcoin is a scam....

                                            IDK, guy is pretty inside when it comes to identifying scams.
                                            And Jamie Dimon and Mark Cuban and a zillion others, all of whom have been 100% wrong so far.
                                            Comment
                                            • MeanPeopleSuck
                                              SBR Wise Guy
                                              • 04-29-17
                                              • 950

                                              #23
                                              Originally posted by milwaukee mike
                                              what does tethers mean?

                                              good luck... i was sitting on that 10k all day, the 350 move in my favor could've easily been 350 against me ($700 difference in 10k isn't something people should be comfortable with)
                                              tether is a coin version of a dollar. it's tethered to the usd, so 1 tether always = $1, BUT you can move it around as easily as any other crypto. tethers are the central feature of any and all crypto arbitrage operations, including mine.
                                              Comment
                                              • milwaukee mike
                                                BARRELED IN @ SBR!
                                                • 08-22-07
                                                • 26914

                                                #24
                                                Originally posted by MeanPeopleSuck
                                                And Jamie Dimon and Mark Cuban and a zillion others, all of whom have been 100% wrong so far.
                                                jamie dimon says bitcoin is a scam, helping drive the price down from 5000 to 3000... says his traders would be fired for trading it... and then his company is the biggest buyer of it the next day, through a bitcoin fund

                                                what a lying, scumbag manipulator jpmorgan chase, and their executives are
                                                Comment
                                                • MeanPeopleSuck
                                                  SBR Wise Guy
                                                  • 04-29-17
                                                  • 950

                                                  #25
                                                  WHOA, possibly huge news: a friend of mine, someone I trust, said he's successfully sold futures of BTG at this market, pricing about $400: https://yobit.net/en/trade/BTG/BTC

                                                  I'm gonna sign up right now and try to sell. If I'm successful, I'll come back and confirm.

                                                  Get your BTC somewhere BTG friendly right now, friends, it's possible BTG might not be junk, after all.
                                                  Comment
                                                  • MeanPeopleSuck
                                                    SBR Wise Guy
                                                    • 04-29-17
                                                    • 950

                                                    #26
                                                    Originally posted by milwaukee mike
                                                    jamie dimon says bitcoin is a scam, helping drive the price down from 5000 to 3000... says his traders would be fired for trading it... and then his company is the biggest buyer of it the next day, through a bitcoin fund

                                                    what a lying, scumbag manipulator jpmorgan chase, and their executives are
                                                    he had zero, zip, zilch to do w/ the crash to 3k. that was all china; he just opportunistically made his comments when he saw it coming.

                                                    you didn't have to be a genius to see it coming. for example, this dumbass pegged it pretty good right here on our own boards, two days before dimon said a word: https://www.sportsbookreview.com/for...ulp-maybe.html
                                                    Comment
                                                    • milwaukee mike
                                                      BARRELED IN @ SBR!
                                                      • 08-22-07
                                                      • 26914

                                                      #27
                                                      Originally posted by MeanPeopleSuck
                                                      WHOA, possibly huge news: a friend of mine, someone I trust, said he's successfully sold futures of BTG at this market, pricing about $400: https://yobit.net/en/trade/BTG/BTC

                                                      I'm gonna sign up right now and try to sell. If I'm successful, I'll come back and confirm.

                                                      Get your BTC somewhere BTG friendly right now, friends, it's possible BTG might not be junk, after all.
                                                      not sure where i read it, but somewhere said 5%-10% for bitcoin gold, like bitcoin cash was

                                                      good luck, i temporarily got rid of my bitcoin just now because i'm not holding it in places where i would get btg
                                                      Comment
                                                      • PaperTrail07
                                                        SBR Posting Legend
                                                        • 08-29-08
                                                        • 20423

                                                        #28
                                                        yeah.....I used a high fee and just sent mine.....it better penetrating show up LOL....
                                                        Originally posted by milwaukee mike
                                                        that whole transaction isn't me, and withdrawal limits are pretty much $10k/day on bitcoin everywhere... i sweat the price movement on 10k enough, 90k and i might start throwing things waiting all day.

                                                        normally i wouldn't care, but there's a hard fork in about 10 hours which coinbase doesn't support, so i could easily be getting screwed out of 500 if this goes too long
                                                        Comment
                                                        • PaperTrail07
                                                          SBR Posting Legend
                                                          • 08-29-08
                                                          • 20423

                                                          #29
                                                          Exactly....downplay it to get a better position....LOL...smart really...nobody offers real advice to help others....be real...
                                                          Originally posted by milwaukee mike
                                                          jamie dimon says bitcoin is a scam, helping drive the price down from 5000 to 3000... says his traders would be fired for trading it... and then his company is the biggest buyer of it the next day, through a bitcoin fund

                                                          what a lying, scumbag manipulator jpmorgan chase, and their executives are
                                                          Comment
                                                          • milwaukee mike
                                                            BARRELED IN @ SBR!
                                                            • 08-22-07
                                                            • 26914

                                                            #30
                                                            Originally posted by MeanPeopleSuck
                                                            he had zero, zip, zilch to do w/ the crash to 3k. that was all china; he just opportunistically made his comments when he saw it coming.

                                                            you didn't have to be a genius to see it coming. for example, this dumbass pegged it pretty good right here on our own boards, two days before dimon said a word: https://www.sportsbookreview.com/for...ulp-maybe.html
                                                            he definitely had more than zero to do with the drop, i had 2 clients/friends that sold some based on the jamie dimon comments and it was front page news on yahoo finance, dropped right after his comments... we were getting these kinds of articles so to say nobody sold on that news is incorrect imho



                                                            Comment
                                                            • PAULYPOKER
                                                              BARRELED IN @ SBR!
                                                              • 12-06-08
                                                              • 36585

                                                              #31
                                                              -====-
                                                              Comment
                                                              • PaperTrail07
                                                                SBR Posting Legend
                                                                • 08-29-08
                                                                • 20423

                                                                #32
                                                                It was perfect timing....he denounced it while china made the ban/block right? He then made a huge buy bc deep down he knows its the future.....
                                                                Originally posted by milwaukee mike
                                                                he definitely had more than zero to do with the drop, i had 2 clients/friends that sold some based on the jamie dimon comments and it was front page news on yahoo finance, dropped right after his comments... we were getting these kinds of articles so to say nobody sold on that news is incorrect imho



                                                                Comment
                                                                • PaperTrail07
                                                                  SBR Posting Legend
                                                                  • 08-29-08
                                                                  • 20423

                                                                  #33
                                                                  If they are making moves based on front page announcements from Jamie dimon that's insanity....guy says things only to help himself...DONT DO DRUGS!!!!! ....walks off and takes a line smh...
                                                                  Originally posted by milwaukee mike
                                                                  he definitely had more than zero to do with the drop, i had 2 clients/friends that sold some based on the jamie dimon comments and it was front page news on yahoo finance, dropped right after his comments... we were getting these kinds of articles so to say nobody sold on that news is incorrect imho



                                                                  Comment
                                                                  • milwaukee mike
                                                                    BARRELED IN @ SBR!
                                                                    • 08-22-07
                                                                    • 26914

                                                                    #34
                                                                    Originally posted by PaperTrail07
                                                                    It was perfect timing....he denounced it while china made the ban/block right? He then made a huge buy bc deep down he knows its the future.....
                                                                    yeah it was already slipping the 2-3 days before he made his comments (on china news)

                                                                    in the crypto community i know they gave no credence to his comments, but in the stock market community they did, and the people in that world deal in millions of dollars... not the 5k-50k stuff that many crypto guys are playing with

                                                                    if there was an easy way to buy bitcoin in ameritrade/etrade/schwab/chase/fidelity/etc accounts, it would be worth a heck of a lot more than 6000... my clients with tons of money ask me about it all the time, i'm not even close to an expert but they know absolutely nothing and still want to buy $500k worth
                                                                    Comment
                                                                    • PaperTrail07
                                                                      SBR Posting Legend
                                                                      • 08-29-08
                                                                      • 20423

                                                                      #35
                                                                      LOL jesus......same type of people will feel "the rug was pulled from underneath them" when they blindly invest LOL...
                                                                      Originally posted by milwaukee mike
                                                                      yeah it was already slipping the 2-3 days before he made his comments (on china news)

                                                                      in the crypto community i know they gave no credence to his comments, but in the stock market community they did, and the people in that world deal in millions of dollars... not the 5k-50k stuff that many crypto guys are playing with

                                                                      if there was an easy way to buy bitcoin in ameritrade/etrade/schwab/chase/fidelity/etc accounts, it would be worth a heck of a lot more than 6000... my clients with tons of money ask me about it all the time, i'm not even close to an expert but they know absolutely nothing and still want to buy $500k worth
                                                                      Comment
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