Bitcoin Forum

Economy => Service Discussion => Topic started by: IwantaS8 on December 16, 2017, 01:53:28 PM



Title: retreiving unconfirmed bitcoin
Post by: IwantaS8 on December 16, 2017, 01:53:28 PM
Hi,

I have tried to purchase an item from purseio, however my coins are stuck in unconfirmed mode for about 5 days. If i cancel my order with purseio will my bitcoin return automatically to my wallet or do I need to do something to have these coins returned?

I am using bitcoin qt and the abandon transaction is greyed out

Any help you can give will be appreciated

Thanks


Title: Re: retreiving unconfirmed bitcoin
Post by: BrewMaster on December 16, 2017, 02:40:57 PM
there is no way to "cancel" a bitcoin transaction. when you create a transaction and broadcast it to the network, that is it. your transaction is out there until it either is confirmed or becomes invalid. there is a small chance that it drops out of mempool (the network forgets about it) but it is so small.

so either wait for it to confirm or try double spending it. you may find it hard as other nodes will reject your transaction if it is a double spend.
and double spend is practically spending the same coins (same transaction output) and send them to a new address that you control.