Bitcoin Forum

Hello please I need help

I transferred 0.1 btc to someone yesterday and till now, it's not yet confirmed on the blockchain, it's been more than 12 hours now...

Please what do I do?
Is my coin still safe?  Please help

Heres the link on blockchain https://blockchain.info/tx/7052ae4a7d804cae87e14c5a6f638dcf54282d9ba6284a5ebbe70f830f1f2962

Am new to blockchain transactions

I don't know what could be causing the delay

I waited 2 days for one to confirm a few days ago. Just wait it will come.

your transaction size is 520 bytes, you added 10000 satoshi's fee = 19 satoshi's per byte
https://bitcoinfees.21.co/ tells us that at the time of writing, it is advised to add 120 satoshi's per byte for a 90% chance of getting in the next couple of blocks.

In reality, you should have added at least 62400 satoshi's (0.000624 instead of 0.0001 BTC)

Your options are limited:
1) if you used RBF, you can make the fee higher
2) you can use https://www.viabtc.com/tools/txaccelerator/
3) you can contact a miner, and offer a bounty for them to insert your tx in their block
4) you can attemt a CPFP
5) you can double spend one of the inputs of the transaction, to create a new tx with a higher fee
6) you can wait, either untill your tx is dropped from the mempool of most nodes, or untill the tx is included into a block

your fee is too small, i sugesst using 20k satoshi next time

Your bitcoins are safe if the miners wont confirm it, it would return to the wallet that it came from.

Yes, your coins are safe, but the fees is too low, so it might take a long time for the transaction to be confirmed by the miners.

Think of you waiting as the miners shitting all over your face.  ;D

https://blockchain.info/unconfirmed-transactions

Let's just wait a bit..

No, 20k satoshi's are NOT sufficient. At the time of writing 63k satoshi's are needed  for a transaction with this size...

Thank you so much all for your comments, knowing my coin is safe is a relieve, I was already killing myself from inside with worry,

I never knew the fee matters, I will raise it up now

From what I see you included too low fee for this transaction, 0.0001 BTC is not enough in this case.
Current best fee you need to use to be sure your transaction will be included in the next block is 120 satoshi/byte.

Ideal fee would be 0.00062400 BTC. I don't know which wallet you used to broadcast this transaction, but you need to update its fee standards.

EDIT:  You guys beat me to fee calculation. So my best advice for the OP: next time use wallet which calculates fees automatically, according to current networks standards.

incase if the transaction can not be confirmed  how long do you think it will take before the coin move back to my wallet?

As for the first part of the quoted text: please read my previous posts... 20k satoshi's is not sufficient.

About the second part of your question:
Which wallet are you using?
If you're using bitcoin core, you can start your wallet with zapwallettxes, or use abandontransaction from the console. If you don't do this, the wallet will keep on rebroadcasting the transaction. If you use these commands, your wallet will forget about the unconfirmed transactions, and you'll be able to re-use the inputs to create a new transaction. Be carefull tough: it's only your wallet that "forgets" about the unconfirmed transaction, it will still be in the nodes' mempool, so unless you spend the same inputs in a transaction with a higher fee (in satoshi's per byte), the "forgotten" transaction might still make it into a block.

If you're using other wallets, it depends... Each node can have his own configuration of their mempool. I think the default expiry is 72 hours, but you'll need the majority of the nodes to forget about your tx, so you can be lucky, or you can be unlucky...

If you are using electrum then go to preference and set the fees as 0.0008 btc then your transaction will confirm soon, as i have set it and am having no problem in 30 to 45 min my transactions are getting confirmed

Am using coinimi wallet

any hope for me?

There are several options (look at my first post), i striked out the options that probably won't work, or are very difficult

1) if you used RBF, you can make the fee higher (don't think it's supported in coinomi)
2) you can use https://www.viabtc.com/tools/txaccelerator/
3) you can contact a miner, and offer a bounty for them to insert your tx in their block
4) you can attempt a CPFP
5) you can double spend one of the inputs of the transaction, to create a new tx with a higher fee*
6) you can wait, either untill your tx is dropped from the mempool of most nodes, or untill the tx is included into a block

* Theoretically, following https://coinomi.com/faq/ , it might be possible to use the seed words in order to find the private key(s) of the addresses which unspent inputs you used to create the tx that had insufficient fees (i don't recommand using online tools to find the private keys tough!!!).
The private keys can be imported into core (for example), and used to re-use the inputs to create a new tx (double spend, "cancelling" the tx with insufficient fees). Alternatively, you could use the coinb.in sourcecode in combination with the private keys in order to manually create a transaction double spending the inputs used for the unconfirmed (low fee) transaction.

BTW: offtopic, but i really don't like to see advertisements for those mmm-kind of scammy sites like the one you have in your sigspace. There are plenty legit site offering affiliate programs, no need to push scams on the forum.

This is becoming a serious issue nowadays with Bitcoin transactions and a new thread every now and then here in the forum. I think the short term solution for this is increasing transaction's fees for now and have to find a permanent solution while doing this.

Looking at your transaction size and fee combo and calculated using this tool https://bitcoinfees.21.co/
It seems it will take more than 1000 minute to get confirmed which mean you may get it confirmed within next 12 hour or more.

Hmmmm this is quit complicated for a newbie like me, I will wait for the next 24 hours, If it's still not confirmed, then I will have to follow your instructions here,,

Thank you so much, I appreciate you all.... N as for the mmm stuff, I will take it off now

As bitcoin is getting more and more famous day by day,
So there are more and more transactions out there.
So there will be much load on the server's.
The other reason might be that you might have given / set
Very less fees .
The more fees you pay , the more fast your transaction will be confirmed.

You can just set it to dynamic fee so that you won't be spending extra on the txfee.  I use it in my electrum wallet and I do not have any problem with the transaction and it confirms really fast.

Guys.... It's been confirmed, few hours ago

Thank you all