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RE: Bitcoin to new all time highs, hits equal legs target at 6124
Very interesting ...
Re: transaction times - if block times are always 10m and exchanges etc don't change their confirmation requirements that often, how come some Bitcoin transaction's take so bloody long? Is that backlog due to the smaller block size? Your send isn't included in the next block?
Pretty much. That's why BTC fees are so high. The higher fee you are willing to pay the more likely it will be included in the next block. You have to compete with others to get in the limited block space.