Dumping all i have into my new Ledger.
I didn't want to pay the $50 ish CAD the auto fees in my wallet wanted to use so i set it to 0.0003. I chose that because that is what the pool i mine to uses for all transactions. Figured it would work. :/ Stuck for over 24 hours now heh
I see some people on here offering free acceleration? Is this some kind of scam?
Total Inputs 0.12714720 BTC
Total Outputs 0.12684720 BTC
Fee 0.00030000 BTC
Fee / KB 0.00038462 BTC
Size 780 bytes
If you are willing to wait for several days then you don't have to worry about you coins. It will eventually get it through and be pick up by miners. I have transactions in the last couple of days stuck for 3 days but I don't mind. I pay a fee similar as yours. As far as free tx acceleration, they aren't scam, they can really help you, others ask for tips though if you are not comfortable giving tips then don't them.
The scalability problem of Bitcoin is now very much magnified with the recent surge in the transactions. People are complaining about the ridiculously high amount of transfer fees imposed by the wallets and exchanges. This can't go for a long time without affecting the very viability of Bitcoin. I can sense that Bitcoin is not yet ready for the mainstream adoption because of this big challenge. Something has to be done ASAP about this big problem...yet Bitcoin leaders could not come up with an acceptable solution.
Correct, it peaked at around 270K unconfirmed tx during the height of bitcoin price surge, but I look at today unconfirmed tx and its down to 100K. I suspected that the spam attack of low fee is again doing its job, clogging the mempool once more. On the other hand, maybe Lighting Network (LN) could really be the solution.
https://www.investopedia.com/news/bitcoins-lightning-network-game-changer/Well we have to see then if ever implemented, it can drastically improved the speed of our transactions.