FYI: Huge Unconfirmed Transaction Backlog in the Bitcoin Network

Unconfirmed Transactions

The value of bitcoin recently shot up, causing a huge surge in the number of transactions to overload the network. Currently, the only way to get money through in under an hour is to include a higher fee. Lower priority transactions will probably be stuck for a few days before falling out of memory and returning to the originating wallet.


Comments


[4 Points] pebx:

Why don't you use Monero instead of Bitcoin? Especially for darknet markets you should care about the superior privacy!


[4 Points] FckDisPlace:

We should have some sort of sticky about this


[2 Points] fullonrichard:

happened to me a few days ago. sunday I sent my coins ($270 worth) from my local wallet to coinbase then took my computer to the apple store where they wiped the hard drive only later to find out that the transaction never went through. $270 lost :(


[1 Points] papervoid:

Recommended fee is .0009