All posts made by Villy_wongaa in Bitcointalk's Wall Observer thread

i read now the last replies regarding the fees and how long you wait etc etc...
i maybe live in another world because the maximum i wait when deposit to exchange or send back etc is never more than 1 hour about....
and i never have problem to pay some small amount...
the question is .. where do we go from now regarding the price??

With the current fee fiasco I suspect we are going down.

Which fiasco? I am trading all day long and have several feeds open... Haven't read anything about a "fiasco". Source?

No particular source... I am just an average user that is having huge problems getting the BTC transferred from a wallet to an exchange. That is a fiasco, and from what I have read many other people have the same problem.

Ok, I thought you were refering to something new.

Also I wouldn't consider it a "fiasco". I mean, are you sure the problem isn't in the exchange end?

Have you checked the transaction in blockchain explorer to see if it is already confirmed but the exchange is not acknowledging it?

Did the transaction include a proper fee? Unless you set it up manually, it should be ok though.

Anyways, yes, Bitcoin needs to solve the scaling problem asap. But that is already "discounted" in current price. Once that get solved expect the price to skyrocket.

All the transactions show in bitcoin.info as Unconfirmed. I have been raising the fees manually because my wallet was sending 0.0001 for all transactions.
In my latest transaction I sent 0.25 with 0.0005 (240 satoshi/byte) but when this gets processed it gets added to another 0.5 BTC and then the fee per byte drops to 96??

see the tx: https://blockchain.info/tx-index/44af690b488daae59c2ca4bd055a6dc29378e11e51853de4e0763e72f8dd3e3e

Ya. This one has a low (96 sat/B) fee, and 3 inputs so it might be unexpectedly delayed. The following one with the right fee (~220 Sat/B) will not confirm because it tries to spend the unconfirmed output from the delayed one.

edit: just saw that the one you posted has 3 unconfirmed inputs too! You seem to have a basic misunderstanding of how this all works.

edit2: Ahh. Do you have 'spend unconfirmed change' set in your wallet? That, and a bit of impatience, might have caused this chain of unconfirmed transactions (plus the low fees paid earlier).

a different kind of fiasco it seems.

I have contacted the wallet people but no response except that the fees are too low.. I sent the last transaction with max fees and still nothing.
I am not dev so I dont understand the techno lingo so well.
Right now I have a total of 7 transactions sent in the last 24 hours with increasing fees but none of them have confirmed!

This is another proof that bitcoin will not be so popular among all people. Sorry that I moved away from the topic. But carrying out financial transactions with Bitcoin is really a difficult business. I do not understand how I will cope with this.