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There is 90k unconfirmed transactions on the bitcoin network. They are stacking up more fast than the miners can validates the blocks.

https://blockchain.info/unconfirmed-transactions


Bitcoin is dead. I will move or my assets to Bitbean

>>3168652
Fucking piece of shit miners. I NEED TO TRANSFER MY BTC TO A NEW WALLET BEFORE I CAN SPEND MY BCH, YOU FAGS. MINE MY TRANSACTION, YOU STUPID CHINKS!!!!!! AAAHHHHHHH

So why'd it hit 3.7k this morning?

>>3169105

it was a big japanese whale exiting
which led to a waterfall of selling across all exchanges

>>3169105
but it also rebounded pretty quickly back to $4k, where it has been hovering for weeks now, despite all the FUD..

Reminder that it was <$2k less than a month ago during the correction.

LOL

>>3169105
SegWit activation. It does this everytime btc gets an upgrade.

>>3169054

How does that exactly work, an unconfirmed transactio?

Does it mean 90k bitcoins are being sold/bought but it hasnt been confirmed yet, i. E. it didnt have an impact on the price yet? If so, how come you can do very fast trades on exchanges with btc and immediately get it traded?

>>3169105
A whale fleeing to $BCC.

Won't be the last.

>>3168652
good. i sold a bunch and want to re-up

>>3169146
I have this question too.

>>3169146
how come you can do very fast trades on exchanges with btc and immediately get it traded?

The bitcoin don't actually move. You just have more bitcoin "credit" on the exchange.

>>3169115
who are these japs with huge amounts of BTC? yakuza?

>>3169146

transactions within an exchange are not real transactions on the network

you have one coinbase wallet moving bitcoins to another coinbase wallet

they can do all that on paper
they only have to interact with the actual blockchain when someone transfers coins out of the exchange

>>3168652
Why are you posting old information? Sour grapes because you didnt buy when it was cheap? Go cry to your mum faggot.

>>3169175
>That was meant to be a quote.

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It's going to "crash" soon just like it has every time before

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>>3169185

how is this old information

I literally just screenshotted the current chart

here I will give you an update

>>3168652
Noise. Zoom out.

>>3169054
yeah that's the strange thing, how can bitcoin be nearly unusable yet still maintain its price? this is worse than the neo chaincoin chink scam

>>3169054
hardly the first time this has happened. It wasn't the death knell of BTC before and it won't be this time either.

>>3169210
I did a transaction today and it confirmed within 5 minutes you fucking shill.

I'm a noob. If I was trying to get my money into cryptos with say 1k, how much would I lose to fees just buying in?

>>3169146
no. does not mean that 90k bitcoins are stuck....there are 90k transactions that are "pending" for confirmations.

Trades on an exchange are not transactions per se. There are only changes in the "Balance sheet" of the exchange. The bitcoin transaction only occurs when you deposit and withdrawal your money.

>>3169229
Did you pay 0.4 btc as fee??

>>3169232
~0,25% - so about $2.50 for 1k usually.

>>3169054

It means people have tried to transact without paying a proper transaction fee so there is less chance their transaction will go thru.

Example, some sites which hold your btc that never had a code update or third tier exchanges not adjusting fee upward

And users forgetting to apply correct fee

>>3169301
Or chinks spamming the network.

is there a comparable site that shows current ETH transactions pending?

>>3169229
haha holy shit "5 minutes" while most likely paying at least a couple dollars in fees

with the way bitcoin is going now, I rather use a credit card, at least I have instant transactions and I actually get a discount for using it lmao

looks like the fake tether shit that bitfinex has been doing is real, there is no other explanation for how bitcoin is still this high while being an unusable piece of shit caused by blockstream

>>3169344
>there is no other explanation for how bitcoin is still this high

normies dont want a knock off bitcoin
this is the new paradigm
this is the new world reserve currency

get with the program, buy and hold bitcoin for years

>>3169344
That is the trick, bitcoin cant be dumped, the network cant support dumping

>>3169358
>bitcoin cant be dumped

??

how did it fall from 460k yen to 390k yen last night then?

>>3169357
>this is the new world reserve currency

This is basically what I think ETH will be.

Not BTC, but ETH.

>>3169357
Lol its nowmies wat to be cypherpunks, smart traders say buy and hold, some drunk guy said i'm hodling. Now all drunks and normies are buying and hodling... miners get rich hodles want to dump miners, miners start new bitcoin.

>>3169357
> normies want to use bitcoin

lol no, if you haven't realized, no one is actually using bitcoin yet, ask any random shit stain on the street and they either have no clue how bitcoin actually works or what it even is

what's currently happening is just speculators looking for a quick buck

this is just a massive PND scheme waiting to unravel any time soon

>>3169420
sure sure

we've been hearing this for over a year now

>>3169420
bubbles can last for years. we are just at the beginning. hedge funds / wallstreet are just starting with crypto and most normies are still unaware of bitcoin

>>3168652
>small fucking dip
>bitcoin is crashing!

Fuck off faggot.

>>3169693

my excessive quotation marks is supposed to indicate sarcasm

god dammit /biz/ stop being so new

>>3169433
more like 9 years now.

>>3169704
settle down, rebecca, we know you love being sarcastic.

>>3168652
It's the "flippening" anon. ""Bitcoin" Cash" is going to "overtake" bitcoin.

"""All"" the miners" are leaving to mine BCH don't you know?

>>3169878
i miss the old biz that wasn't full of dumb bitches saying things for attention.
>claire silver

>>3169912
If you had actually been here before 2017 you'd know that btc maximalism has always been a thing. Gook shills is a new thing, and so are you.

kys

>>3170006
i can smell your cunt.

>>3170032
You gotta find a new english learning app Kumar.