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Title: Transaction not being confirmed Post by: dynomite567 on May 25, 2017, 05:28:04 PM Well I do not know what is going on but its been 18 hours since I sent $10 of btc to a wallet and it has not been confirmed. Is there a reason for this?
Trans ID: 4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Link (for those who want it): https://blockchain.info/tx/4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Thanks Title: Re: Transaction not being confirmed Post by: DannyHamilton on May 25, 2017, 07:05:17 PM Well I do not know what is going on but its been 18 hours since I sent $10 of btc to a wallet and it has not been confirmed. Is there a reason for this? Trans ID: 4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Link (for those who want it): https://blockchain.info/tx/4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Thanks The wallet (or service) that you used to send the transaction did not calculate a high enough transaction fee. Transactions that paid a higher fee-per-byte than you are getting confirmed instead of your transaction. What wallet or website did you use to send the transaction? Title: Re: Transaction not being confirmed Post by: dynomite567 on May 25, 2017, 07:15:30 PM Well I do not know what is going on but its been 18 hours since I sent $10 of btc to a wallet and it has not been confirmed. Is there a reason for this? Trans ID: 4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Link (for those who want it): https://blockchain.info/tx/4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Thanks The wallet (or service) that you used to send the transaction did not calculate a high enough transaction fee. Transactions that paid a higher fee-per-byte than you are getting confirmed instead of your transaction. What wallet or website did you use to send the transaction? I used Wirex, usually the transactions are fine but today it isnt Title: Re: Transaction not being confirmed Post by: olliedickman on May 25, 2017, 07:17:29 PM Currently, most of my fee is 400/byte and I still need to wait more than 1 day for my transaction to be confirmed. Your fee is only 160 satoshi/byte. well, I think it will stuck there for whole week
Title: Re: Transaction not being confirmed Post by: bitcoindusts on May 25, 2017, 07:21:44 PM I guess it is due to lower transaction fee, I just noticed that any transaction less than 200s.byte will be possibly confirmed on the next 25 blocks, mostly the one that is instantly confirmed are the one that sent a transaction of 400+ sat/ byte. There is a sudden increase in transaction fee and this time it is actually insane.
Title: Re: Transaction not being confirmed Post by: dynomite567 on May 25, 2017, 07:23:34 PM I guess it is due to lower transaction fee, I just noticed that any transaction less than 200s.byte will be possibly confirmed on the next 25 blocks, mostly the one that is instantly confirmed are the one that sent a transaction of 400+ sat/ byte. There is a sudden increase in transaction fee and this time it is actually insane. Currently, most of my fee is 400/byte and I still need to wait more than 1 day for my transaction to be confirmed. Your fee is only 160 satoshi/byte. well, I think it will stuck there for whole week Thank you guys, I guess its cause of the bitcoin price rising Title: Re: Transaction not being confirmed Post by: DannyHamilton on May 25, 2017, 07:24:27 PM I used Wirex, usually the transactions are fine but today it isnt Wirex messed up. They didn't pay a high enough transaction fee when they built the transaction. You'll have to complain to them. Let them know that you refuse to use their service until they learn how to properly create a bitcoin transaction, and let all your friends, family, and acquaintances know to avoid Wirex because they don't know how to use bitcoin properly and if they made a mistake this simple then they are likely to make other more expensive mistakes eventually. Title: Re: Transaction not being confirmed Post by: BreathOfZen on May 26, 2017, 12:40:26 AM He paid about $2 to move $10 in a transaction. As long as that fee is considered too low for practical usage then Bitcoin can be considered completely unusable for everyday life. I want to resume doing actual real world commerce in Bitcoin but if the only practical transactions are in the thousands of dollars then it is completely impossible.
Title: Re: Transaction not being confirmed Post by: darklus123 on May 26, 2017, 12:52:47 AM Transaction fee issue. You better start to get used to send .0005 btc and up so thwt you could get your amount within the day. You dont have to worry to much do because that amount would directly go back to your account if it is not been confirmed
Title: Re: Transaction not being confirmed Post by: Cryptolator on May 26, 2017, 12:59:20 AM Well I do not know what is going on but its been 18 hours since I sent $10 of btc to a wallet and it has not been confirmed. Is there a reason for this? Trans ID: 4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Link (for those who want it): https://blockchain.info/tx/4ef9a27135fddd95e27b91c2483addb1442ee6471a6d32d237d1512594e2d1f1 Thanks The transaction fee of 159sat/B is really low right now. If you wanna know how much fee you should pay, just take a quick look at https://bitcoinfees.21.co (https://bitcoinfees.21.co) before doing any transaction and you'll be able to gauge the delay for the first confirmation. Title: Re: Transaction not being confirmed Post by: piloder on May 26, 2017, 05:30:29 AM I used Wirex, usually the transactions are fine but today it isnt It looks like wirex need to update their fee policy, they should increase their fee per byte. The fee your transaction have right now could be enough before but right now it should be way above that amount. Bitcoin is no longer suitable for micro transactions like before because of on going mempool congestion and high fees. You can use viabtc tx accelerator to get confirmation faster. |