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Author Topic: Stuck and need help  (Read 379 times)
ralle14
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July 11, 2019, 10:27:41 PM
 #21

Wow mate, thank you so much!
So actually i did good that I tried to make another transaction with high fees?
And if I will add another transaction with high fees? Should it be even more better?
Sorry but I just feel so lost with this BTC world
Yes, the priority goes higher but there's no need to make another transaction unless there's a huge wave of unconfirmed transactions in the next few minutes that are paying more fees than what you've used. It's only hard because of the wallet you're using their options are limited, on other wallets it's much easier.

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roybbb (OP)
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July 11, 2019, 10:35:45 PM
 #22

Yeah only now I get what a messy wallet I use. I'll wait 12 more hours until I'll do another transaction.
Thank you so much, really.
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July 11, 2019, 10:37:17 PM
 #23

So actually i did good that I tried to make another transaction with high fees?
Yes... and no. It was a good attempt, but unfortunately, I don't think the fee was really high enough to make a big difference. The mempool is still quite full and the recommended fees are still quite a bit higher than what your "effective" fee is.


Quote
And if I will add another transaction with high fees? Should it be even more better?
No... you'll quickly see diminishing returns as each transaction you add in will need to increase the fees to such an extent that it covers the size of ALL the previous transactions as well.

If you wanted to increase your effective fee up to 20 sats/byte... you would then increase your effective transaction size by one more transaction:
223+192+192 = 607 bytes

It's possible that it could even be bigger if it needed more than 1 input + 1 output, so consider that the absolute minimum increase.

20 sats/byte * 607 bytes = 12140 sats... or 0.00012140 BTC... just as the fee to be paid.


For now, I'd just leave it as it is... and see what happens in the next couple of hours.

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roybbb (OP)
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July 11, 2019, 10:42:23 PM
 #24

Alright then, thanks. I'll wait as you said boss❤
buwaytress
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July 12, 2019, 07:19:44 AM
 #25

And confirmed about 2 hours after your last post.

Block that included the transaction was found by BTC.com, too, which could suggest that submitting your tx to the antpool accelerator worked, especially since mempool was about as big as during the time it was submitted (30k), but I guess there's no real way of finding out.

But it's more likely it was the CPFP, since they were included in the same blocks. Either way it worked!

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roybbb (OP)
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July 12, 2019, 07:55:40 AM
Merited by LoyceV (1), o_e_l_e_o (1)
 #26

Yeah, fucking like this community! Thank you all for teaching me about btc😊
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