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Long Bitcoin confirmations? - Jimmie - Dec 22, 2020

Anyone else having issues with long confirmations? I sent like $200 with a $3 fee to my coinbase account and it has been 6-7 hours and still nothing.


RE: Long Bitcoin confirmations? - Yin Yang - Dec 22, 2020

Txid? Fees that you sent?

Miners confirm based on block demand.


RE: Long Bitcoin confirmations? - Jimmie - Dec 22, 2020

(Dec 22, 2020 12:14 PM)Focus Broken Wrote:  A $3 fee isn't quite specific enough - what is the feerate of your transaction measured in satoshis per vbyte?  You can check here:  https://www.blockstream.info

Block times have been stable at 10 minutes, so confirmations are coming in at a normal rate:

[Image: 11601dd0d6.png]

35.000 sat/B


RE: Long Bitcoin confirmations? - Jimmie - Dec 22, 2020

(Dec 22, 2020 12:19 PM)Focus Broken Wrote:  Next block median fee is 78 sat/vbyte right now:

[Image: 7bbc386d34.png]

There's about 4 vMB worth of transactions bidding higher than yours, as long as price volatility doesn't go crazy, you can probably expect it to be confirmed within 12 more hours.

That sucks I was trying to cash it out hopefully bitcoin doesn't crash.


RE: Long Bitcoin confirmations? - Wolfy™ - Dec 22, 2020

(Dec 22, 2020 12:29 PM)SIM-509826 Wrote:  That sucks I was trying to cash it out hopefully bitcoin doesn't crash.

Lets assume, you didn't said "Bitcoin doesn't crash". 😁