miners are getting greedy when a 9cent fee only gets you medium priority (within 6 blocks)
MoFo's
i think at some point the low fee, which right now is a great selling point, will soon not be its selling point anymore when pools are getting very picky.
isn't it not that miners are getting greedy but people are simply setting higher fees or have I misunderstood?
Miners aren't getting greedy, at least from my perspective. the mempool has gotten much much bigger over the past few days and people are paying higher fee due to that. Since miners rank the transactions based on fee/size, the higher fee/size would have a higher probability of getting into a block. Since there are lots of people using an average/ higher than average fee, paying the average fee would likely not make the cut.
As I said in my post, this was an older version of BitcoinCore (v0.11.0) and the transaction fee was set at it's default value.
The question is, can I get my coins back into my wallet? Everyone here keeps claiming that unconfirmed transactions automatically get returned to the sender's wallet, but after more than a month, that looks highly unlikely. I'm happy to tip a reasonable fee to get the transaction to go thru, or whatever to get them returned to my wallet, but I'm at a loss to what to do currently.
I'm not savvy enough / well versed in any of the double spending hacks I've seen mentioned to really attempt that without some serious guidance.
Suggestions?
Bitcoin Core automatically rebroadcast the transaction and prevent it from dropping out of the mempool. You need to use -zapwallettxes to remove the unconfirmed transaction and get it to stop rebroadcasting. You can then send it with a higher fee after a while.
The steps on Windows are here:
https://bitcointalk.org/index.php?topic=1289559.msg13273042#msg13273042