Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: housecloud on June 22, 2020, 10:44:35 PM



Title: Can someone help confirm this?
Post by: housecloud on June 22, 2020, 10:44:35 PM
I’m just trying to load my BitPay card and it’s been 6 hours now.
It’s never taken anywhere near this long.
Any help is appreciated.


c6729d296b939dedd0b3f2d1298d1c3aa11db84dcb200397604888f378d3819f

I’m willing to pay a small fee if necessary.

Thanks!


Title: Re: Can someone help confirm this?
Post by: bitmover on June 22, 2020, 10:49:58 PM
I’m just trying to load my BitPay card and it’s been 6 hours now.
It’s never taken anywhere near this long.
Any help is appreciated.


c6729d296b939dedd0b3f2d1298d1c3aa11db84dcb200397604888f378d3819f

I’m willing to pay a small fee if necessary.

Thanks!

Your transaction is still pending confirmation. Don't worry.

You paid 20 fee per byte and it is not a low fee. It should get a confirmation within a few hours. Alternatively you can replace hy fee to get in the next block for about 100 sat byte.


Title: Re: Can someone help confirm this?
Post by: mikeywith on June 22, 2020, 11:22:34 PM
The mempool is pretty congested now,  today is the largest (in size) the mempool has been this month (https://www.blockchain.com/charts/mempool-size) so be patient...

I accelerated your transaction through antpool "prioritiseTransaction" free service, no guarantees whatsoever, but let's see how it goes, time of acceleration is 11:20 PM GMT.



Title: Re: Can someone help confirm this?
Post by: BitMaxz on June 22, 2020, 11:37:23 PM
There's a recent spike of pending transactions and unconfirmed transactions.
https://i.imgur.com/vIEZ3UV.png

That's why your transaction still unconfirmed because your fee is too low.

What you need to do is to follow what bitmover suggestion above. Increasing the transaction fee will help to speed up your transaction or use the paid service from ViaBTC link below.

https://www.viabtc.com/tools/txaccelerator/

There's a free service on ViaBTC but your transaction fee is low so your option is to increase the transaction fee or use the paid service from ViaBTC only if you don't want to wait for too long.

Or much better wait for 6 hours or more depends on the mempool condition.


Title: Re: Can someone help confirm this?
Post by: housecloud on June 23, 2020, 12:15:08 AM
Thanks for the replies. I’ll continue to wait. I used viabtcs free accelerator at the top of the hour as well.


Title: Re: Can someone help confirm this?
Post by: bitmover on June 23, 2020, 01:30:40 AM
In my opinion those accelerators are not effective. They basically broadcast your transaction to more miners... but transaction broadcast is not a problem after 6 hours of broadcasting.


Title: Re: Can someone help confirm this?
Post by: pooya87 on June 23, 2020, 04:06:19 AM
In my opinion those accelerators are not effective. They basically broadcast your transaction to more miners... but transaction broadcast is not a problem after 6 hours of broadcasting.

it depends on the "accelerator" that is being used. majority of them are scams, specially those that ask for money. they don't even re-broadcast your transaction. they are either getting views for their site or ripping people off (taking money).
there are some cases that the miner has put up that option and for free like ViaBtc and Bitmain where the offer is real but with limited number of txs accepted. they do put it in their custom queue and mine the transaction.


Title: Re: Can someone help confirm this?
Post by: Lucius on June 23, 2020, 11:21:38 AM
Thanks for the replies. I’ll continue to wait. I used viabtcs free accelerator at the top of the hour as well.

Your transaction is confirmed by Poolin pool, so no transaction accelerator helped you in this case. If you used the ViaBTC accelerator (free), then you may have noticed that it gives you the message that you have too low a fee to take your transaction into account (only 0.00004451) and their condition is a minimum of 10 000 satoshi.

https://www.blockchain.com/btc/tx/c6729d296b939dedd0b3f2d1298d1c3aa11db84dcb200397604888f378d3819f


In my opinion those accelerators are not effective. They basically broadcast your transaction to more miners... but transaction broadcast is not a problem after 6 hours of broadcasting.

Your opinion is completely wrong, first check the facts and then you will see that at least in the case of ViaBTC things actually work if the set conditions are met. Over the years ViaBTC has saved me a very nice amount on fees when needed.


Title: Re: Can someone help confirm this?
Post by: LoyceV on June 23, 2020, 12:02:58 PM
If you used the ViaBTC accelerator (free), then you may have noticed that it gives you the message that you have too low a fee to take your transaction into account (only 0.00004451) and their condition is a minimum of 10 000 satoshi.
That's ViaBTC's minimum fee per KB, not in total:
you can submit any TXID of delayed transactions that at least include a fee of 0.0001BTC/KB


Title: Re: Can someone help confirm this?
Post by: OcTradism on June 23, 2020, 12:05:52 PM
If you want to use a non-custodial wallet to have good controls on your funds and your transactions, you can have a note to check the option "Replace by Fee". With it, you will be able to accelerate your unconfirmed transactions.

There are some non-custodial wallets for you to choose.
Custodial vs. Non Custodial Wallets - "Not your keys, not your coin" Explained. (https://bitcointalk.org/index.php?topic=5173370.0)
Non-custodial wallet - Bitcoin Wiki (https://en.bitcoin.it/wiki/Non-custodial_wallet)
[General] Bitcoin Wallets - Which, what, why? (https://bitcointalk.org/index.php?topic=1631151.0)
A summary sheet of wallets (Maus0728 is the creator of the sheet) (https://docs.google.com/spreadsheets/d/1aZ1zbaUEzCo9NCctN8-eL2VLIiSdY009tTJvRXDUWEw/edit#gid=0)


Title: Re: Can someone help confirm this?
Post by: bitmover on June 23, 2020, 12:40:14 PM

In my opinion those accelerators are not effective. They basically broadcast your transaction to more miners... but transaction broadcast is not a problem after 6 hours of broadcasting.

Your opinion is completely wrong, first check the facts and then you will see that at least in the case of ViaBTC things actually work if the set conditions are met. Over the years ViaBTC has saved me a very nice amount on fees when needed.


I didn't know about those websites, however they don't look very effective. The minimum fee to get included is ridiculously high. 100 sat/byte. I will still ignore them and keep my opinion ;)



Your transaction is confirmed by Poolin pool, so no transaction accelerator helped you in this case. If you used the ViaBTC accelerator (free), then you may have noticed that it gives you the message that you have too low a fee to take your transaction into account (only 0.00004451) and their condition is a minimum of 10 000 satoshi.
That's ViaBTC's minimum fee per KB, not in total:
you can submit any TXID of delayed transactions that at least include a fee of 0.0001BTC/KB


 100 sat byte, the minimum, is a very high fee which will get confirmed in a few blocks even when network is congested. Using that "service" or not.

20 sat/byte (OP case) will still get confirmed naturally  by some random pool even when network is congested, which just happened. Looks like the benefit of using those services is minimum, if any, because any miner in include a 100sat/byte in a few blocks.


Over the years ViaBTC has saved me a very nice amount on fees when needed.

I think using 100 sat/byte is wasting money. Unless you really need to get into the next block.

I rarely use more than 10sat/byte. 90% of my transactions are 1 sat/byte, and they get confirmed within a reasonable time.


Edit: I made a wrong calculation and minimum fee is 10 sat/byte as pointed out by LoyceV.
sorry.
Looks good then.


Title: Re: Can someone help confirm this?
Post by: LoyceV on June 23, 2020, 02:27:43 PM
The minimum fee to get included is ridiculously high. 100 sat/byte. I will still ignore them and keep my opinion ;)
It's 10 sat/byte (0.0001BTC/KB. That's more than needed (https://bitcointalk.org/index.php?topic=2848987.0) if you're not in a hurry, but not too bad if fees spike and you don't want to wait very long for a confirmation.


Title: Re: Can someone help confirm this?
Post by: philipma1957 on June 23, 2020, 04:26:10 PM


In my opinion those accelerators are not effective. They basically broadcast your transaction to more miners... but transaction broadcast is not a problem after 6 hours of broadcasting.

Your opinion is completely wrong, first check the facts and then you will see that at least in the case of ViaBTC things actually work if the set conditions are met. Over the years ViaBTC has saved me a very nice amount on fees when needed.

I didn't know about those websites, however they don't look very effective. The minimum fee to get included is ridiculously high. 100 sat/byte. I will still ignore them and keep my opinion ;)



Your transaction is confirmed by Poolin pool, so no transaction accelerator helped you in this case. If you used the ViaBTC accelerator (free), then you may have noticed that it gives you the message that you have too low a fee to take your transaction into account (only 0.00004451) and their condition is a minimum of 10 000 satoshi.
That's ViaBTC's minimum fee per KB, not in total:
you can submit any TXID of delayed transactions that at least include a fee of 0.0001BTC/KB


 100 sat byte, the minimum, is a very high fee which will get confirmed in a few blocks even when network is congested. Using that "service" or not.

20 sat/byte (OP case) will still get confirmed naturally  by some random pool even when network is congested, which just happened. Looks like the benefit of using those services is minimum, if any, because any miner in include a 100sat/byte in a few blocks.


Over the years ViaBTC has saved me a very nice amount on fees when needed.

I think using 100 sat/byte is wasting money. Unless you really need to get into the next block.

I rarely use more than 10sat/byte. 90% of my transactions are 1 sat/byte, and they get confirmed within a reasonable time.

you don't understand how viabtc accelerator works.  It does not particularly care. if you do 1 sat or 100 sat it does want. the fee to be.

 0.0001 or higher.  so if you have a send that has tons of bytes. and you add to over 0.0001 it works.

This occurs when you may have had 25 or more deposits in a wallet and the transaction is 1000bytes at 10 sats you cross the 0.0001 and it works great.

If the transaction has 250 bytes it won't work since you paid 0.0000250

So some mine at nicehash and  other pool they get a weekly payout of 0.0010 btc and don't move the coins from the btc addy until the years

end

it is 50 x 0.0010 btc or 0.050 btc and it is 50 x 250 =  12500 bytes. 

you could pay. 5 sats = 0.00062500 btc. over the 0.0001  total fee threshold and viabtc works fine.

for free. zero problems

in fact you could pay 2 sats. and it would be 0.00025000 btc and be over the fee level for viabtc to work.




Now if you pool allows a threshold setting and you keep the coins pool side until they reach 0.01. that is the same 0.050 btc but only 5 x 250 = 1250 bytes.  you need to pay. 10 sats for a total of 0.0001250 btc   and viabtc will unstick it.

I have issues with btc payments from people when I sell gear.

The send. 1 sat on a 250 byte  could be .100 btc. and the money gets stuck. viabtc does not work. in that case. cause they paid.

0.00000250 btc which is under the 0.0001 viabtc rule.
 


Title: Re: Can someone help confirm this?
Post by: nc50lc on June 24, 2020, 03:43:24 AM
-snip-  It does not particularly care. if you do 1 sat or 100 sat it does want. the fee to be.

 0.0001 or higher.  so if you have a send that has tons of bytes. and you add to over 0.0001 it works.

If the transaction has 250 bytes it won't work since you paid 0.0000250
-snip-
in fact you could pay 2 sats. and it would be 0.00025000 btc and be over the fee level for viabtc to work.
-snip-
Sorry for the -snip-~s but I'm sure Viabtc's free accelerator is accepting transactions based from the "Fee Rate" not the total paid fee.
In fact, it's written in their page:

Quote from: ViaBTC.com
1. Free Acceleration: No need to sign in, you can submit any TXID of delayed transactions that at least include a fee of 0.0001BTC/KB
0.0001BTC/KB or 10sat/B

Most likely, the problem with rejected 250Byte transaction with 10sat/B is because they have Witness data (SegWit transactions).
That's because ViaBTC is using the Bytes instead of vBytes for computing the feerate and SegWit transaction have lower 'vBytes' than the size (in Bytes) of the transaction.
While wallets supporting SegWit will display vBytes as the size of the transaction like Electrum (it's displayed as 'Bytes' but it's 'vBytes' actually).

But bitmover is still wrong with his "100sat/B" minimum.