Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: csidi90 on January 05, 2018, 04:01:37 PM



Title: Transaction stuck due to low fees - what to do
Post by: csidi90 on January 05, 2018, 04:01:37 PM
Hello,

Unfortunately I am a Cryptonoob and have made a transaction through the Exchange Mercatox (Yes I know, stupid provider, but had the desired currency) tried to send my BTC to my Binance account. Unfortunately, I have not seen at all, that there 0.0005 was set as a transaction fee and now my transaction does not go through.

Here the transaction can be viewed:

https://live.blockcypher.com/btc/tx/52ded5210105917bf86745537a3ad2406dfed1d5b373ad1a6c72c8578f66dbd6/

Even though relatively little time has passed since I'm used to transactions that last about 45 minutes, I'm a bit worried. Just because you hear nothing good about Mercatox and I do not expect a prompt support response.

Maybe someone can help me,

thank you in advance!


Title: Re: Transaction stuck due to low fees - what to do
Post by: LoyceV on January 05, 2018, 04:34:50 PM
https://live.blockcypher.com/btc/tx/52ded5210105917bf86745537a3ad2406dfed1d5b373ad1a6c72c8578f66dbd6/
The fee isn't that low, it will probably confirm within a day, or at least on Sunday (usually the number of transactions drops on Sundays).
I've also added your transaction to antpool's accelerator (https://www.antpool.com/user/prioritiseTransaction.htm?m=savePrioritiseTx), but I don't expect much of that one.

Quote
I'm used to transactions that last about 45 minutes
Those times are over with Bitcoin, unless you pay a lot more on fee.


Title: Re: Transaction stuck due to low fees - what to do
Post by: csidi90 on January 05, 2018, 04:44:51 PM
Good feeling to hear that its probably not too low, but up until now there isnt a single confirmation. I made a transaction through binance earlier this day of .1 BTC which was deposited on bittrex  45 min later.


Title: Re: Transaction stuck due to low fees - what to do
Post by: LoyceV on January 05, 2018, 05:00:13 PM
but up until now there isnt a single confirmation
You need twice as much fee for a fast confirmation, so it will take a while, it's just high enough to be likely to confirm at some point.


Title: Re: Transaction stuck due to low fees - what to do
Post by: csidi90 on January 05, 2018, 05:09:57 PM
as long as you say I wont loose my btc I will try to stay calm. I would even pay a tip for anybody that can process this transaction faster.


Title: Re: Transaction stuck due to low fees - what to do
Post by: LoyceV on January 05, 2018, 05:46:23 PM
as long as you say I wont loose my btc I will try to stay calm.
I don't know Mercatox, but it's very unlikely an exchange would pull trick after sending your money.

Quote
I would even pay a tip for anybody that can process this transaction faster.
You can enter your txid into https://pool.viabtc.com/tools/txaccelerator/ and click "Submit for FREE" at exactly 1 second past every hour to accelerate it. Each hour, you literally have a 1 second window to do this.