Bitcoin Forum

Hi there, I received some bitcoin yesterday from selling a couple of items, and I went to send the full amount to a different website, however after almost 24 hours it's not been confirmed.. There was a valid fee of around .95$ so I don't get what the issue is?

Please help!

Can't help without the txid.
Read this (https://bitcointalk.org/index.php?topic=1802212.0) - perhaps you can help yourself.

ab7ae1156730db3325b80dfc16d627d6e8874892801683b0d84a11cb682effac thats the TXID pal

http://mocacinno.com/feecheck.php?txid=ab7ae1156730db3325b80dfc16d627d6e8874892801683b0d84a11cb682effac

above link details the "problem" with this transaction, as well as the possible sollutions :)

none of this really makes sense to me... :(

Just go here https://www.viabtc.com/tools/txaccelerator/ and copy/paste txID and wait for them to mine next block

 Well chomchom, it basically says you can expect to wait at least another 24 blocks (on average each block takes 10 minutes) before your transaction is confirmed (so at least 4 more hours).  I guess the sender of the funds was trying to save some satoshis.  Next time you sell something, maybe you can stipulate that the buyer has to use this chart (https://bitcoinfees.21.co/) and attach a fee with a green bar beside it to ensure your transactions are expedited.

 Meanwhile, you can try using the accelerator here - https://www.viabtc.com/tools/txaccelerator/
They only allow 100 txs per hour and it's presently beyond the limit.... I just tried to do it for you.  Maybe you can check back in a few minutes and try it yourself?

 edit:  Well I see I am suffering from reading comprehension issues this morning.  The chart is still valid - but it would be good for you to check before sending.

you created a transaction, signed and broadcasted it (you wallet probably did this for you, so this might have happened automatically).
The raw, signed transaction you pushed to the network was this one:
As you can clearly see by the length of this raw transaction, it was really big... In fact, it was 764 bytes.

Since a miner working on a block can only pick transactions untill the 1 Mb block he is currently working on is full, he would need a rather large fee in order to place those 764 bytes in the block he's working on.

You payed a fee of 0.000804 BTC for a 764 bytes transaction. That's ~105 satoshi's/byte.

At the time of writing, you'd need to add 163 satoshi's/byte to have a 95% chance of getting into the next 3 blocks (~30min waiting time). Since you only payed 105 sat/byte, chances are small your transaction will be included in the next 24 blocks (~240 minutes).

Remember, a miner can pick ANY transaction he/she wants to fill up the block he/she is currently working on. So even a 1 satoshi/byte transaction *MIGHT* end up in the very next block... Altough the chances of this happening are really small.

This is what happens if you use the viabtc txaccellerator recommended both on my site, and by the users that posted before me... if you use their accellerator, you ask them to please add your transaction to the block they're working on, eventough they could make more money by adding a transaction with a higher fee/byte. This is not a magic tool, it's just a mining pool doing this out of kindness (or because they have a political agenda)...

Since you said you didn't have a clue what my site said, i wouldn't bother reading the RBF/CPFP/double spending sections of my site, they would only confuse a new user... The other options, however, should not be confusing to anybody...

How would I go about sending more of a fee now? I have balance in my btc but is this possible? I can send another bit of fee :)

Yes, there are 3 options, but 2 of them are very technical, and the one that is easy to do actually needs to be enabled BEFORE the transaction is initially generated...
Those are the 3 options i said you could ignore because they would confuse new users: opt-in RBF, CPFP and double spending the unconfirmed inputs.

In theory, you're not really leaving more fee in your current transaction, you're either replacing the transaction by an allmost identical transaction leaving more fee, or you're using the outputs of the stuck transaction in a new transaction that has sufficient fees to cover both the stuck transaction and the new one... But like i said: doing a CPFP or double spend is pretty technical.

so in reality i have to wait 240 minutes for it to come thru? what if it doesn't confirm? do i get it back or is it lost forever? it's a lot of money to me..

well... it's all odds and averages. Nobody can tell you how long you'll have to wait, the only thing i can say is that there is a really big chance you'll have to wait at very least 240 minutes, probably longer.
There is a small chance your transaction will be confirmed a lot sooner, but i wouldn't bet on it.

If the transaction isn't confirmed in the next couple of days, the nodes will start dropping it from their mempool. In the end, it'll be like the transaction never happened...
You might need to repair your wallet in order for it to re-add the outputs back to your balance, and if you're running bitcoin core, you need to start the wallet with the zapwallettxes option, or you need to enter the abondontransaction command in the debug window... If you're not using bitcoin core, you just need to wait (and maybe repair your wallet) in order to see your balance again.

But, whatever happens, your transaction will either confirm, or you will be able to spend those outputs... As long as the transaction isn't confirmed, you are still in controll of the funds (unless you're using web wallets, in this case, you weren't in controll of your own funds to begin with)

Unfortunately I was using blockchain. If the transaction never confirms what will happen to my funds if I'm using blockchain?

To tell you the truth, i haven't used blockchain.info as a serious wallet for a very, very long time, so i couldn't give you a good answer to your question... I'd suggest you contact blockchain.info's support, or read their FAQ... I'm pretty sure they'll be able to point you into the right direction.

However, eventough i dislike web wallets, i do think you have a very big chance that the funds will just return to your blockchain.info's balance, since this is a very big wallet provider, so they've probably been confronted with this problem before...

miner's confirmation for all transaction is all depends on the fees the size of the transaction but with this situation lots of transaction not confirmed yet maybe you should be more patience its not only you i have same experience but its more bad after 2 days my transaction still not confirmed :(

For a web wallet they are not that bad.  Private keys are encrypted/decrypted locally, you can set it up to email you and/or text you to verify login, they are now an HD wallet so backup is a breeze (just remember the seed words and you can recover all of your BTC and your entire transaction history), etc....

If the transaction does not confirm I bet the BTC will magically appear back in your wallet after a time.

Transaction appears to have gone through by now.

https://blockchain.info/tx/ab7ae1156730db3325b80dfc16d627d6e8874892801683b0d84a11cb682effac