Huge number of unconfirmed transaction queue

[mjglqw]

Like wow. These numbers would definitely affect bitcoin's reputation. What do you think?

[bitkilo]

Yesterday was the largest i had seen the mempool for a long time now, at this time yesterday there was about 35mb of unconfirmed transactions, just looked now and we are back below 5mb.

[BitcoinXio]

Yesterday was the largest i had seen the mempool for a long time now, at this time yesterday there was about 35mb of unconfirmed transactions, just looked now and we are back below 5mb.

It was the biggest I had ever seen too. If I'm not mistaken it was up over 70K transactions backlogged at the peak.

[Rmcdermott927]

I am currently of the opinion that it could be a calculated move to add stress to the network by those who wish to increase the block size.

[BitcoinXio]

I am currently of the opinion that it could be a calculated move to add stress to the network by those who wish to increase the block size.

I don't believe so. It appears to be closely tied to the price spike. Many people wanted to buy and sell, causing a huge amount of volume.

[klaaas]

I am currently of the opinion that it could be a calculated move to add stress to the network by those who wish to increase the block size.

I don't believe so. It appears to be closely tied to the price spike. Many people wanted to buy and sell, causing a huge amount of volume.

You cant tie it to a price spike because these jumps could be the half as high with the same transaction queue.

[coin@coin]

That was weird all of a sudden, yes the price went up some people may have sold or moved coins in preparation for a jump higher...
However it seems to have cooled down now.

[bitkilo]

Here we go again, looks like the mempool is being flooded, 60k transactions waiting to be confirmed and climbing.

[piebeyb]

I saw the stack of bitcoin transactions today

https://blockchain.info/unconfirmed-transactions

[Rmcdermott927]

That's pretty bad, it's probably going to push fees up if you want tx's confirmed quick. It's not quite as bad as Black Friday was though.

[buford]

I think that they should resolve this and find a solution to kill these pending transaction

[iFixBTCmemoryIssues]

I think that they should resolve this and find a solution to kill these pending transaction

Bitcoin Unlimited will help alleviate the congestion once it is activated.