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Bitcoin => Bitcoin Discussion => Topic started by: Alcpone on September 11, 2018, 10:10:01 PM



Title: 8sat/byte Fee taking a while
Post by: Alcpone on September 11, 2018, 10:10:01 PM
Hi all,

I thought I put a high enough fee in my transaction. It was at the lower end of the economic option, I use mycelium as my wallet. It thought it would take about an hour.

I think my wallet has rebroadcasted the transaction.

Can anyone help please?

fe133d9c565bbcf003916b62850a0be51ea0d3df610a6ef88e410b965553bd41

I originally sent the transaction about 2 hours ago.

Thanks


Title: Re: 8sat/byte Fee taking a while
Post by: Anarchist on September 11, 2018, 10:33:42 PM
It depends how is the mempool...
Isn't mycelium outdated for a while now?


Title: Re: 8sat/byte Fee taking a while
Post by: squatter on September 11, 2018, 10:55:31 PM
I thought I put a high enough fee in my transaction. It was at the lower end of the economic option, I use mycelium as my wallet. It thought it would take about an hour.

I think my wallet has rebroadcasted the transaction.

Can anyone help please?

fe133d9c565bbcf003916b62850a0be51ea0d3df610a6ef88e410b965553bd41

I originally sent the transaction about 2 hours ago.

There was a backlog over the past several hours. It doesn't help that there were only 6-7 blocks mined in the last 2 hours. I needed confirmation in the next block just now and sent a transaction for 12 satoshi/byte -- much higher than I normally spend. You'll probably get confirmed in the next couple hours.

Does Mycelium support opt-in RBF? If not, you might consider switching to another wallet that does, like Electrum. I always make my transactions replaceable in case of unexpected backlogs.


Title: Re: 8sat/byte Fee taking a while
Post by: Alcpone on September 11, 2018, 11:02:05 PM
Thanks for the replies. I have 1 confirmation now, so looking good for it to be completed in the next hour I guess. I will look into electrum, mycelium has always worked ok, just usually me entering too low a fee lol. Cheers


Title: Re: 8sat/byte Fee taking a while
Post by: NeuroticFish on September 12, 2018, 06:21:22 AM
Next time before sending out a transaction, especially if you are in a hurry, try to check sites like https://btc.com/stats/unconfirmed-tx or https://bitcoinfees.earn.com/ and see what fee would be better to use.
I do use Electrum, but since I've been checking the actual fees, I've never had to use RBF.


Title: Re: 8sat/byte Fee taking a while
Post by: squatter on September 12, 2018, 08:21:16 AM
Next time before sending out a transaction, especially if you are in a hurry, try to check sites like https://btc.com/stats/unconfirmed-tx or https://bitcoinfees.earn.com/ and see what fee would be better to use.

I would ditch earn.com -- it overestimates quite a bit.

BTC.com isn't too bad, but I definitely prefer Johoe's site (https://jochen-hoenicke.de/queue/) for a fuller picture.

I do use Electrum, but since I've been checking the actual fees, I've never had to use RBF.

I always check the mempool before sending, too. It doesn't come up too often, but occasionally I'll send a transaction, then there isn't a block found for 1 hour or more. Average fees rise, transaction gets delayed even longer. In those cases, it's been helpful to have the RBF option.