Unconfirmed Electrum Transaction for more than 24 hours

[KingGriff]

Hey guys,

It has been well over 24 hours since I have sent my bitcoin and the transaction says it is still unconfirmed. It took almost 3 hours last time so I decided to increase the fee this time hoping it would also increase the speed. Though this is not the case. The description of the transaction says "Deposit T & A". I can't find anything about this description online anywhere.

Should I be worried? Any help is appreciated.

[Semvak]

Can you show me of transaction ID ?

[KingGriff]

Sure
Is this what you're looking for?
Transaction ID: 088921b095aeb40ceb55445128b6763a99ce5c3b7db90b20138d5bf350197d9e

[layoutph]

Whats happening with Bitcoin.. everyday new users post about their unconfirmed transaction, why is it ,it take ages for a bitcoin transaction to be confirmed?

[kolloh]

This transaction used a fee of 70 sat/B which is too low for a quick confirmation. I'd recommend you check http://bitcoinfees.21.co/ in the future to find the appropriate fees to use.

The Dynamic Fees feature in Electrum also works quite well. Be sure to move the slider to the far right for quick confirms.

I ran this transaction through Via Accelerator which should help speed up confirmation but be sure to use larger fees in the future!