Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: forzendiablo on November 20, 2013, 03:39:14 PM



Title: no confirms on many tranactions
Post by: forzendiablo on November 20, 2013, 03:39:14 PM
i have loads of 0,00+ coming to me, yet they are not confirmed from at least 2 days.
whats going on?


Title: Re: no confirms on many tranactions
Post by: Barek on November 20, 2013, 03:53:40 PM
Open your eyes, my friend. Read what has been discussed!

Cost and Confirmation time of Bitcoin Transactions
https://bitcointalk.org/index.php?topic=339802.0

transaction that took too long, RESOLVED, thanks to everyobody for the support.
https://bitcointalk.org/index.php?topic=339792.0


Title: Re: no confirms on many tranactions
Post by: forzendiablo on November 21, 2013, 08:49:13 PM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.

anybody can help?


Title: Re: no confirms on many tranactions
Post by: Yogafan00000 on November 21, 2013, 09:30:14 PM
I'm sorry but all you can do is wait.  It might take up to 2 weeks.

In the future you must put the transaction fee to at least 0.0001BTC or the miners ignore the small tx fee and treat it as a free transaction.

This is happening now because more and more people are now using Bitcoin and therefore more transactions are happening.

i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.

anybody can help?


Title: Re: no confirms on many tranactions
Post by: grue on November 21, 2013, 10:04:39 PM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.
you obviously missed the part about putting enough fees. 1 satoshi = not enough. 0.001 btc = enough.


Title: Re: no confirms on many tranactions
Post by: forzendiablo on November 22, 2013, 12:24:17 AM
ok so i can wait 2 weeks or pay 0,001 - gotcha!

thanx


Title: Re: no confirms on many tranactions
Post by: Yogafan00000 on November 22, 2013, 12:36:56 AM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.
you obviously missed the part about putting enough fees. 1 satoshi = not enough. 0.001 btc = enough.

Not to nitpick or anything, but I was under the impression 0.0001BTC (3 zeroes after the decimal) was the minimum amount that miner's recognize as enough of a fee to get accelerated confirmations.

By paying 0.001 (2 zeroes), you are over paying on the fee unnecessarily.

Is this erroneous?


Title: Re: no confirms on many tranactions
Post by: grue on November 22, 2013, 04:20:17 PM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.
you obviously missed the part about putting enough fees. 1 satoshi = not enough. 0.001 btc = enough.

Not to nitpick or anything, but I was under the impression 0.0001BTC (3 zeroes after the decimal) was the minimum amount that miner's recognize as enough of a fee to get accelerated confirmations.

By paying 0.001 (2 zeroes), you are over paying on the fee unnecessarily.

Is this erroneous?

Yes. How much fee per kb is taken into account when prioritizing transactions. It's not a simple yes/no fee check.


Title: Re: no confirms on many tranactions
Post by: Yogafan00000 on November 22, 2013, 05:52:06 PM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.
you obviously missed the part about putting enough fees. 1 satoshi = not enough. 0.001 btc = enough.

Not to nitpick or anything, but I was under the impression 0.0001BTC (3 zeroes after the decimal) was the minimum amount that miner's recognize as enough of a fee to get accelerated confirmations.

By paying 0.001 (2 zeroes), you are over paying on the fee unnecessarily.

Is this erroneous?

Yes. How much fee per kb is taken into account when prioritizing transactions. It's not a simple yes/no fee check.

Did you realize that your suggested 0.001BTC is currently over 75 cents USD per transaction?  The fee seems excessive, especially for small amounts like cups of coffee, or fridge magnets?



Title: Re: no confirms on many tranactions
Post by: ZephramC on November 22, 2013, 06:45:26 PM
i read the topics but i still dont understand.
i did put a fee in setup to 0,00000001
but coisn are stil lnot confirmed and its been 4 days.
you obviously missed the part about putting enough fees. 1 satoshi = not enough. 0.001 btc = enough.

Not to nitpick or anything, but I was under the impression 0.0001BTC (3 zeroes after the decimal) was the minimum amount that miner's recognize as enough of a fee to get accelerated confirmations.

By paying 0.001 (2 zeroes), you are over paying on the fee unnecessarily.

Is this erroneous?

Yes. How much fee per kb is taken into account when prioritizing transactions. It's not a simple yes/no fee check.

Did you realize that your suggested 0.001BTC is currently over 75 cents USD per transaction?  The fee seems excessive, especially for small amounts like cups of coffee, or fridge magnets?



Unfortunatelly, bitcoin is not very friendly to sub-cent transactions :-/.