Complaints from Bitcoin Users

[iFixBTCmemoryIssues]

you must've been lucky then?

"I sent a very similar transaction nearly 5 hours ago and it took 23 blocks for confirmation (4 hours later) " - Logical007

[iFixBTCmemoryIssues]

If it adds to the issue I myself have about 2 BTC

"0 confirmations after 8 hours... " - Stev0198

[iFixBTCmemoryIssues]

Insane.

"This mismanagement makes me angry." - DarthBacktrack

[iFixBTCmemoryIssues]

Now at 40k, so its grown by about 8k in 1 hour.

"Max transactions per block seems to be about 2000, so 12k transactions per hour. So backlog is growing by 40 minutes per hour. Not good." - pigdead

[iFixBTCmemoryIssues]

I have been waiting for a confirmation for fucking 24 hours already now bastards!

"https://blockchain.info/tx/dd895de13196 ... a8e7babe3b" - hiddensphinx

[iFixBTCmemoryIssues]

A few weeks ago, I sent a txn. It had been a while. I have mostly been using ethereum as of late. It took almost three hours for my first confirmation despite a 'high priority' fee.

"Maybe bitcoin will succeed as a store of value, but in any case where there is an expectation of a timely transaction, bitcoin is done. Even when blocks are not full, the high variability of block times is a disadvantage. Now, bitcoin is simply unusable as a peer-to-peer payment system.

I have to wonder what 21inc is thinking at this point. How can this network possibly be used for IoT?" - fangolo

[iFixBTCmemoryIssues]

28MB transaction backlog, Bitcoin broken, moooon canceled.

"Direct your thanks to our corrupt Blockstream devs. I'm sure they will get paid very well for wracking bankster's number one enemy." - mmouse-

[iFixBTCmemoryIssues]

When demand continues to rises but supply is artificially limited by a centralized, shady group, that's not a market - that's a CARTEL, which is ILLEGAL in most democratic, free-market countries. A "market" can only occur when supply AND demand are free to move up and down on their own. Core = MtGox

"Many people can no longer actually use Bitcoin.

The network is congested and it's all Core/Blockstream's fault.

They're the ones who have been trying to force this ridiculous artificial 1 MB "max blocksize" limit on everybody.

Now the network is congested and transactions are delayed - taking hours or days to confirm, instead of 10 minutes." - ydtm

[iFixBTCmemoryIssues]

I saw the problems coming mid-last year actually, since Bitcoin XT.

"So, basically 12 months" - Reddit_My_Life_Away

[iFixBTCmemoryIssues]

Right now my bank is faster and cheaper than Bitcoin

"A lot." - minamisan

[iFixBTCmemoryIssues]

Currently more than 11BTC in fees stuck in the mempool

"Source: https://tradeblock.com/bitcoin/

I've been watching this for a while (I think it's a better statistic than mempool size) and if it's not an all time high, it's pretty damn near.
" - joelthelion

[iFixBTCmemoryIssues]

I have had one stuck for 36 hours with a 0.0005 BTC fee.

"Just waiting it out." - cflocation

[iFixBTCmemoryIssues]

Transaction volume has been roughly doubling every year like clockwork.

"Anyone that didn't see this coming doesn't deserve to be in charge of the reference code." - ImmortanSteve

[iFixBTCmemoryIssues]

A blocksize limit increase would address the current problem directly and open the way for further on chain scaling.

"There might be no need for anything else." - bitlop

[iFixBTCmemoryIssues]

This is very embarrassing

"as a longtime bitcoin fan and user. " - TheDashGuy

[iFixBTCmemoryIssues]

you can try waiting up to 3 days.

"be sure to ask them to stop supporting Blockstream " - tulasacra

[iFixBTCmemoryIssues]

What is this a blockchain for ants?

"Blockchain for dudes who can't reach blocksize consensus good, and want to do other things good too. /iwillshowmyselfoutnow" - vandeam

[iFixBTCmemoryIssues]

No.

"Ants have large populations." - ThePenultimateOne

[iFixBTCmemoryIssues]

https://blockchain.info/tx-index/eefd7b ... 114a174474

"I've waited 48 hours..." - Esport123

[iFixBTCmemoryIssues]

Currently, if the block size was increased to 2 MB

"the fees would go down significantly." - rabbitlion

[rogerver]

Thanks for putting together such a comprehensive list.

Gavin, Andreas, and others have clearly been warning us about this for over a year: https://twitter.com/aantonop/status/595601619581964289

That tweet is from May 2015!!!

[inBitweTrust]

It is a disgraceful there are still wallets out there that don't dynamically adjust fees and allow users to set priorities with a floating fee calibrated by the network. We need to educate users to avoid these wallets to insure they have a good experience and confirmations aren't delayed.

[iFixBTCmemoryIssues]

It is a disgraceful there are still wallets out there that don't dynamically adjust fees and allow users to set priorities with a floating fee calibrated by the network. We need to educate users to avoid these wallets to insure they have a good experience and confirmations aren't delayed.

It is not the wallets fault.

[iFixBTCmemoryIssues]

Complaints from users, Day 2 (16/06/2016):

Wanted to sell Bitcoin for Ethereum but couldn't because it timed out before it got a confirmation.

"Bitcoin is in a sad state, that's for sure. " - seweso

[iFixBTCmemoryIssues]

I have also noticed people publicly supporting core and small blocks are actually moving away from it simply by market without even realizing it.

"A good example is ledger, one ledger representatives was a strong core and small block supporter here, What happen now? They released a ethereum wallet and it's now possible to buy ETH with credit card with their website." - Ant-n

[iFixBTCmemoryIssues]

If you have a train with one hundred seats and two hundred and fifty people want to get on it,

"there will be a hundred and fifty disappointed people. " - dresden_k

[iFixBTCmemoryIssues]

if I had even 30 minutes of delay before seeing a confirmation when I made my first bitcoin transactions

"I would have probably discarded bitcoin as silly." - realistbtc

[iFixBTCmemoryIssues]

Does anyone think bitcoin can still function from the increase of transactions if price reaches new all time highs?

"Can the price continue to rise as the fee-fight and congestion continue to get worse? So far bitcoin and its community have been more resilient than I imagined in the face of full blocks, rising mempool, censorship, lack of scaling progress, etc. How much longer can the abuse be taken and price rise? " - Vibr8gKiwi

[iFixBTCmemoryIssues]

Lets imagine you run a typical website with Apache2, PHP and Mysql.

"You run it on an Intel Atom and it works great as long as you don't have too many visitors per day. Then your website becomes very popular, the site is slow and unreachable from time to time. You want to upgrade to this other webserver you heard so much about (Nginx) and runt PHP with fastcgi. The problem is none of these technologies exists yet, they might be released next year or so, but you don't know. Since you like solving real problems, you do nothing and wait for Nginx to be released. You think for yourself that just buying a bigger server won't solve the underlying problem (Apache2 + PHP can't handle that much load).

Your website ultimately becomes irrelevant because no one could use it due to the capacity problems. And you see some other douche with crappy unoptimized code and 100 servers outcompete you." - MagmaHindenburg

[iFixBTCmemoryIssues]

That analogy fits.

"If you have a website that gets really popular quickly, the first thing you do is add more capacity by upgrading the server. Then you can go through and optimize the backend code to make it less resource intensive for every visitor (minify assets, move static assets to a CDN, optimize SQL queries)

With Bitcoin, the first thing to do should be to increase the blocksize and then optimize by optimizing p2p broadcasts with xthin (like minifying assets), move data to sidechains (like putting static assets on another system), etc" - DeftNerd