Bitcoin transaction confirmation delayDo you often encounter problems regarding the recognition of bitcoin transactions? Yes, this is a common problem, at least 50000 of the recent trading block chain has not been determined that this figure has now declined.These complaints confirm the impact of the transaction time longer than the normal time, the price at $700 bitcoin. The current price is 687 yuan a dollar 5%, an increase from the first week. The two problems can be linked together when it is linked to the.Bitcoin price increasesThe price of bitcoin has increased over the past week, describing the ball that looks like a small short-term supply floor. Also, there are views that may be forthcoming elections in the United States. Some people say that this is the result of FUD (*) spread in the market. Based on these speculations in creating announced that the RMB against the dollar failed to pay a friend, between the interrupt is hacker attacks and activities of bitfinex and negotiation hackers to steal $65 million worth of bitcoin floor.2. How to confirm the delayAlthough there is no direct correlation between the transaction of any official unconfirmed and the current bitcoin circulation, but some argue that low transaction costs may be caused by the delay factor. In fact, there are a lot of people adjusted to increase transaction costs, to ensure that the transaction connection block connected to a service such as amber gold. People with low transaction costs will have to wait too long, and it seems to be an emotional theme.According to bitcoinfees.21 waste, the fastest and most inexpensive transaction currently is 110 satoshis / byte, a transaction size of about 226 bytes to spend a sum of money (about 24860 0,16 satoshis $).Results of a queueDelays in the confirmation of the transaction make many people worry, especially those that do not understand the form of digital currency activity. These transactions from 4 - 2 days without delay confirmed that this will affect the value of the currency in the long term, when the currency is soaring.Different defects are recognized by the delay in the form of a problem to accept bitcoin payments. They have to wait for a long time to confirm the transaction, while affecting the user. This will bother you, for your product or service has a period, it will be frustrating for users to use bitcoin as a means of payment.When a user is often used to be disappointed every day, it will affect your experience and future goals, they will recommend to everyone, while affecting how businesses attract users of bitcoin.There are arguments about the size of the block, bitcoin in support or opposition to the development. This will cause the internal division of the community currency bitcoin is a better service for people from different perspectives.
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