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[Dagov]

What are the common causes of bitcoin transactions that haven't been confirmed?
The slowness in payment transactions is the most frequent cause of unconfirmed transactions. Even though a user initiates a transfer, it would take at least 10 minutes for the Bitcoin network to also include the transaction in the block. A low blockchain fee may also result in transactions that aren't confirmed. Reduced transaction fees immediately lower the priority of a transaction, delaying verification.

 

[Wisdom01]

Yes, in this case it is always better to copy the address, rather than manually writing it down, and after that it is worth checking the spelling of it. And then if he is on the trail, it will be like a lottery, whether the money will reach or not.

it's good to check correctly , because if there are any mistakes and others ,it could actually make the person lose all the amount he have sent , so properly decoding everything is the best way to go about ,he or she should make sure that it's correct first before anything else

 

[magnus2022]

Cryptocurrency is synonymous with space and speed. Sometimes, when the blockchain is filled with transaction requests, the system will delay a bit. Bitcoin blockchain is a bit out of date, it can't rival new networks that have speed of light.

 

[Margery]

it's good to check correctly , because if there are any mistakes and others ,it could actually make the person lose all the amount he have sent , so properly decoding everything is the best way to go about ,he or she should make sure that it's correct first before anything else

The main thing is not to rush and not in a hurry, and everything will go fine. Yes, mistakes are usually made either out of ignorance, or because of haste.
And then quite often you read messages on the forums like: "How to cancel a transaction, I sent it to the wrong address?".

 

[Margery]

Cryptocurrency is synonymous with space and speed. Sometimes, when the blockchain is filled with transaction requests, the system will delay a bit. Bitcoin blockchain is a bit out of date, it can't rival new networks that have speed of light.

It seems to me that blockchain is doing its job just fine. It's just that the complexity of the network is quite high, because bitcoin is the most reliable cryptocurrency in terms of investment. To speed up transactions, developers can come up with some kind of fork, as it already happened once. Divide the network and all. And people with the least equipment will move there. But, it's like an option!

 

[Wisdom01]

Cryptocurrency is synonymous with space and speed. Sometimes, when the blockchain is filled with transaction requests, the system will delay a bit. Bitcoin blockchain is a bit out of date, it can't rival new networks that have speed of light.

that's why I am glad about the lightening network creation , because atleast it would make the transaction more fast and better , the speed of transaction is actually good for the cryptocurrency eco system , it's so important for the system

 

[Wisdom01]

The main thing is not to rush and not in a hurry, and everything will go fine. Yes, mistakes are usually made either out of ignorance, or because of haste.
And then quite often you read messages on the forums like: "How to cancel a transaction, I sent it to the wrong address?".

yes we should not be in hurry , been careful is much better than loosing all the amount of Bitcoin you have in your wallet , sending in a wrong address could be a problem for some people ,so watching hard and understanding the effect and mistake is good

 

[Margery]

yes we should not be in hurry , been careful is much better than loosing all the amount of Bitcoin you have in your wallet , sending in a wrong address could be a problem for some people ,so watching hard and understanding the effect and mistake is good

This happens most often with newbies. Those users who have been on the Internet for a long time usually do not make such mistakes. Therefore, here it is worth saying one thing to them, be careful when working with cryptocurrency. Otherwise, you will lose everything you have earned.

 

[Wisdom01]

This happens most often with newbies. Those users who have been on the Internet for a long time usually do not make such mistakes. Therefore, here it is worth saying one thing to them, be careful when working with cryptocurrency. Otherwise, you will lose everything you have earned.

exactly I also noticed that it occurs mostly to newbies ,I have noticed quite well , that some newbies are not really good in trading ,so they don't understand the dimensions or ways to trade , that's why they continue to make continous loss thereabouts

 

[Riberet19]

yes we should not be in hurry , been careful is much better than loosing all the amount of Bitcoin you have in your wallet , sending in a wrong address could be a problem for some people ,so watching hard and understanding the effect and mistake is good

I never made a mistake sending to a bitcoin address because I always made sure to send it to the correct address what happened to me as a novice is to have lost money for having sent money through an ERC-20 address when I had to send it in a BEP-20 I get so angry that day, I never passed again hehe

 

[Wisdom01]

I never made a mistake sending to a bitcoin address because I always made sure to send it to the correct address what happened to me as a novice is to have lost money for having sent money through an ERC-20 address when I had to send it in a BEP-20 I get so angry that day, I never passed again hehe

I haven't made mistake too ,I am always extra careful , most times I even recopy the adress ,just to be sure of what I am doing , because I know that any sily mistakes would actually make me more loss , so inorder not to make mistakes , I make sure I copy it very well

 

[Riberet19]

I haven't made mistake too ,I am always extra careful , most times I even recopy the adress ,just to be sure of what I am doing , because I know that any sily mistakes would actually make me more loss , so inorder not to make mistakes , I make sure I copy it very well

Yes, a novice should worry mainly about learning how the blockchain works and its transactions because it is basically sending money without intermediaries, and if it loses it is the user's fault and no one will come to solve it, so the user has to take care of his mistakes

 

[Wisdom01]

Yes, a novice should worry mainly about learning how the blockchain works and its transactions because it is basically sending money without intermediaries, and if it loses it is the user's fault and no one will come to solve it, so the user has to take care of his mistakes

i think the mistake most novice do is that they actually are not willing to learn properly about investing and how Blockchain works , they do the mistake if not learning and after that they regret , something about Blockchain is that they should invest with caution in any way

 

[a_jerobon]

I usually hate it so much when confirmation of Bitcoin transaction takes so long. It makes me wait and wait, especially when I wanted to really convert it to cash. I did not know the reason in the past but now I know. I guess I will be transacting with more patience now because I know what I going on.

 

[Wisdom01]

I usually hate it so much when confirmation of Bitcoin transaction takes so long. It makes me wait and wait, especially when I wanted to really convert it to cash. I did not know the reason in the past but now I know. I guess I will be transacting with more patience now because I know what I going on.

when the confirmation of Bitcoin takes so long , it actually makes me get worried too , but Iater on I really the way you set the fees and others would determine how fast you want the Bitcoin to get into your wallet and it could be done on the Blockchain app I think tho

 

[Riberet19]

when the confirmation of Bitcoin takes so long , it actually makes me get worried too , but Iater on I really the way you set the fees and others would determine how fast you want the Bitcoin to get into your wallet and it could be done on the Blockchain app I think tho

Exactly while the rate is higher your transaction will be added faster to a block in the mempool and therefore will take less, there are times that I had to wait up to 1 hour and a half because it takes a long time to add to a block my transaction

 

[@dulce]

a transaction is not considered valid until it is confirmed by being included in a block, so unconfirmed transactions are transactions that have not yet been validated

 

[Riberet19]

That is caused by the poor network and the increasing number of transactions on block chain per day. Remember Bitcoin is most recognized crypto currency so most people and companies use Bitcoin as a form of payment and this causes delay for most transactions to be excuted.

That is why bitcoin must continue to develop and scale while adoption continues to grow because imagine a world where at least 30% of the population already uses bitcoin in some way, the network would be very congested, that is why layer solutions are coming 2 how are lightning network

 

[lamia5765]

That is caused by the poor network and the increasing number of transactions on block chain per day. Remember Bitcoin is most recognized crypto currency so most people and companies use Bitcoin as a form of payment and this causes delay for most transactions to be excuted.

A transaction needs some time for 1 confirmation and longest one for number of confirmations are bitcoin and also USDT networks are taking much time for single one confirmation. Faster one is litecoin means 6 confirmations takes 10 minutes or even less than this time.

 

[Riberet19]

A transaction needs some time for 1 confirmation and longest one for number of confirmations are bitcoin and also USDT networks are taking much time for single one confirmation. Faster one is litecoin means 6 confirmations takes 10 minutes or even less than this time.

Yes, Litecoin is really fast, but there are networks like Solana today that are even faster. The good thing about Litecoin or Solana is also that they have very low commissions, together with the fact that they are very fast, which gives you a plus for wanting to do transactions with them.

 

[Emmanuel24]

Wrong address may result to unconfirmed transaction in Bitcoin and block chain network may not be stable at the time transaction is being processed. However, patience is needed when doing Bitcoin transaction from one wallet to another.