Bitcoin Forum
May 25, 2024, 06:49:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Low transaction fee :(  (Read 1265 times)
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 09:56:37 PM
 #1

So, I have a medium Priority transaction that is not confirming, I know I have to wait but just wanted to know if this is happened to any of you and how long have you actually waited?...

I have read that it can take up to a week if you dont pay any fees, but I did, I paid the normal fee that Electrum charges me and it was always fine, only this time it is "medium priority"

Anywayz, here is the transaction: https://blockchain.info/tx/ca044196bde76b52dc49f3f3b4d3f4c1ae493d92fa4f5b45dd35ec1ca9fbc33a

Thanks!
lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
June 30, 2015, 09:59:00 PM
 #2

So, I have a medium Priority transaction that is not confirming, I know I have to wait but just wanted to know if this is happened to any of you and how long have you actually waited?...

I have read that it can take up to a week if you dont pay any fees, but I did, I paid the normal fee that Electrum charges me and it was always fine, only this time it is "medium priority"

Anywayz, here is the transaction: https://blockchain.info/tx/ca044196bde76b52dc49f3f3b4d3f4c1ae493d92fa4f5b45dd35ec1ca9fbc33a

Thanks!

The waiting time depends, it happened to me 3 hours one time.
98problems
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 30, 2015, 10:00:40 PM
 #3

i think it can take even more than 12 hours to get confirmed because of such big transaction size, you will be lucky if it will be confirmed  after a few hours in my opinion

hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:02:25 PM
 #4

Thanks guys, today has been a high volume day for bitcoin and I suppose I have a lot of transactions with higher fees in front of mine..
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:04:25 PM
 #5

i think it can take even more than 12 hours to get confirmed because of such big transaction size, you will be lucky if it will be confirmed  after a few hours in my opinion

Yeah is weird, normally I pay 0.0001 fee or even less and it gets confirmed rather quick, this time I paid 0.00009 and its taking ageeeeeeeees!
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
June 30, 2015, 10:04:32 PM
 #6

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:05:45 PM
 #7

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.

Oh was that today? I thought it was last week...well if my transaction got cought in the middle of a stress test I guess I could be waiting a while haha.

Not sure what the point of this tests are, I suppose they benefit the miners who receive higher fees
lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
June 30, 2015, 10:10:10 PM
 #8

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.

Oh was that today? I thought it was last week...well if my transaction got cought in the middle of a stress test I guess I could be waiting a while haha.

Not sure what the point of this tests are, I suppose they benefit the miners who receive higher fees

hcf27 after this what do you think, does it worth paying low tx fees ? i think no if you have 0.0001 in your balance Smiley
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:11:40 PM
 #9

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.

Oh was that today? I thought it was last week...well if my transaction got cought in the middle of a stress test I guess I could be waiting a while haha.

Not sure what the point of this tests are, I suppose they benefit the miners who receive higher fees

hcf27 after this what do you think, does it worth paying low tx fees ? i think no if you have 0.0001 in your balance Smiley

I put my fees higher up to 0.0002 per kb, thing is this was a default setting on my electrum and I never had an issue, so its not like I intentionally tried to save up 0.0001 on fees lol
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
June 30, 2015, 10:13:07 PM
 #10

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.

Oh was that today? I thought it was last week...well if my transaction got cought in the middle of a stress test I guess I could be waiting a while haha.

Not sure what the point of this tests are, I suppose they benefit the miners who receive higher fees

Yup. Last week. Then there was supposed to be another one a few days ago that didn't do much. Then one today. I don't know what they hope to achieve but that's the most likely reason you're getting held up.
real789
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


If you can't understand my post please report it


View Profile
June 30, 2015, 10:13:25 PM
 #11

https://blockchain.info/tx/12c1338c47c9682b1fb9eea9fbb1746da31f772a5e77cd8d577505ca5dc0004a

Very Soon (High Priority) but still not confirmed Roll Eyes

The blockchain stress,

===Sempak===
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:14:46 PM
 #12

https://blockchain.info/tx/12c1338c47c9682b1fb9eea9fbb1746da31f772a5e77cd8d577505ca5dc0004a

Very Soon (High Priority) but still not confirmed Roll Eyes

The blockchain stress,


All blocks today seem pretty full, read this on reddit:

https://www.reddit.com/r/Bitcoin/comments/3bmfty/situation_with_blocks_today/

hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:15:21 PM
 #13

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.

Oh was that today? I thought it was last week...well if my transaction got cought in the middle of a stress test I guess I could be waiting a while haha.

Not sure what the point of this tests are, I suppose they benefit the miners who receive higher fees

Yup. Last week. Then there was supposed to be another one a few days ago that didn't do much. Then one today. I don't know what they hope to achieve but that's the most likely reason you're getting held up.

Oh.. ok.. crap! lol

Thanks for the info
lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
June 30, 2015, 10:18:00 PM
 #14

https://blockchain.info/tx/12c1338c47c9682b1fb9eea9fbb1746da31f772a5e77cd8d577505ca5dc0004a

Very Soon (High Priority) but still not confirmed Roll Eyes

The blockchain stress,



How long does the blockchain stress take? I saw a thread here about this but how long?
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
June 30, 2015, 10:21:55 PM
 #15

https://blockchain.info/tx/12c1338c47c9682b1fb9eea9fbb1746da31f772a5e77cd8d577505ca5dc0004a

Very Soon (High Priority) but still not confirmed Roll Eyes

The blockchain stress,



How long does the blockchain stress take? I saw a thread here about this but how long?

I am not sure, until they decide to stop I guess, until they proove their point, whatever that is..

With all this going on lately I have been finding litecoin more and more attractive..
Omikifuse
Legendary
*
Offline Offline

Activity: 1764
Merit: 1009



View Profile
June 30, 2015, 10:30:00 PM
 #16

There's been the 'stress testing' that's been happening today. I don't know how organised it's been or whether it had much effect. I didn't pay much attention. I guess the people who really wanted to get past that accounted for it and stuck a higher fee in.


another stress testing?

They should be rare, and now they are really prejudicing the users.

Few more in such short time and they should be called stress attacks
el kaka22
Legendary
*
Offline Offline

Activity: 3528
Merit: 1162


www.Crypto.Games: Multiple coins, multiple games


View Profile
July 01, 2015, 01:00:16 AM
 #17

Nope, there is still a pool mining empty block now Sad See block 363266 (link: https://blockchain.info/block/0000000000000000088390da860e3624e9c6f3162dcce3f2f166bb371e018de7)
I don't know why while there are so many unconfirmed transactions, but they still mine empty blocks!!!

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
ranlo
Legendary
*
Offline Offline

Activity: 1974
Merit: 1007



View Profile
July 01, 2015, 08:31:16 AM
 #18

So, I have a medium Priority transaction that is not confirming, I know I have to wait but just wanted to know if this is happened to any of you and how long have you actually waited?...

I have read that it can take up to a week if you dont pay any fees, but I did, I paid the normal fee that Electrum charges me and it was always fine, only this time it is "medium priority"

Anywayz, here is the transaction: https://blockchain.info/tx/ca044196bde76b52dc49f3f3b4d3f4c1ae493d92fa4f5b45dd35ec1ca9fbc33a

Thanks!

To answer this question (I know it has been confirmed now), you really need 0.0002 BTC in fees to be competitive. Most places use 0.0001 BTC or higher. When you go lower than 0.0001, I believe it's almost the equivalent to not adding any fees at all (i.e., sending the transaction with NO fees). That said, they will still confirm, once it's gotten to the point where its age has brought it to a more "desirable" state.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
hcf27 (OP)
Full Member
***
Offline Offline

Activity: 257
Merit: 100



View Profile
July 01, 2015, 11:56:36 AM
 #19

So, I have a medium Priority transaction that is not confirming, I know I have to wait but just wanted to know if this is happened to any of you and how long have you actually waited?...

I have read that it can take up to a week if you dont pay any fees, but I did, I paid the normal fee that Electrum charges me and it was always fine, only this time it is "medium priority"

Anywayz, here is the transaction: https://blockchain.info/tx/ca044196bde76b52dc49f3f3b4d3f4c1ae493d92fa4f5b45dd35ec1ca9fbc33a

Thanks!

To answer this question (I know it has been confirmed now), you really need 0.0002 BTC in fees to be competitive. Most places use 0.0001 BTC or higher. When you go lower than 0.0001, I believe it's almost the equivalent to not adding any fees at all (i.e., sending the transaction with NO fees). That said, they will still confirm, once it's gotten to the point where its age has brought it to a more "desirable" state.

Thanks for the info, yeah I put it up to 0.0002

My transaction took 871 to confirm haha, so yeah pretty annoying
ranochigo
Legendary
*
Offline Offline

Activity: 2982
Merit: 4193



View Profile
July 04, 2015, 12:08:34 PM
 #20

So, I have a medium Priority transaction that is not confirming, I know I have to wait but just wanted to know if this is happened to any of you and how long have you actually waited?...

I have read that it can take up to a week if you dont pay any fees, but I did, I paid the normal fee that Electrum charges me and it was always fine, only this time it is "medium priority"

Anywayz, here is the transaction: https://blockchain.info/tx/ca044196bde76b52dc49f3f3b4d3f4c1ae493d92fa4f5b45dd35ec1ca9fbc33a

Thanks!

To answer this question (I know it has been confirmed now), you really need 0.0002 BTC in fees to be competitive. Most places use 0.0001 BTC or higher. When you go lower than 0.0001, I believe it's almost the equivalent to not adding any fees at all (i.e., sending the transaction with NO fees). That said, they will still confirm, once it's gotten to the point where its age has brought it to a more "desirable" state.
It depends on the size of the transaction and network load. 0.00001/kb is fine for non urgent transactions while 0.0001/kb is better for fast transactions. However, the network load can still affect the confirmation speed seen from the recent stress test and most people had to pay 0.0002BTC/kb to get fast confirmations.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!