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RE: Bitcoin fees as high as $50, transactions still slow to confirm, new messaging system on BlockTrades

in #blocktrades • 7 years ago (edited)

Hi @blocktrades

Can you help me understand the verbiage? When you say "We have a lot of unconfirmed bitcoin transactions outstanding at this point, some up to 3 days old. " What does that mean? Are they stuck in the backlog on the bitcoin network or are they still in you system waiting to transmit?

I sent a SDB to BTC transaction 3 days ago
(79.362 SBD to 1d25179d-5d39-4189-9b47-2a96c4abea9e)
and I've yet to see any kind of memo post in my wallet.

My SDB to BTC transaction I sent 4 days ago processed in about an hour.

Just wondering where I stand.

Thanks!

7 years ago in #blocktrades by
$2.27
  • Past Payouts $2.27, 0.00 TRX
  • - Author $1.70, 0.00 TRX
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     7 years ago 

    It means they are stuck in the backlog of the bitcoin network. We can process an SBD transaction in about 3-9 seconds generally.