Any Way I Can Save My Ass?

[e_trader]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

[RussianRaibow]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

No. The bullet is out of the gun. Either it will hit the target and get confirmed that it was shot or it will die midway, while you need to have another shot.

p.s. If you know the recepient, you may ask him to spend it with some higher fee. If you are lucky, then your Tx may be picked up by some CPFP miner.

[hedgy73]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

Know what you're saying, I've got an incoming stuck 24 hours ago.

[achow101]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

You can't take it back, but after a couple days, if it isn't confirmed, it will be "forgotten" by the network. You won't be able to find it on any block explorer and your client should show that the Bitcoin was never sent. In that case, just resend it but use a higher fee.

[hedgy73]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

You can't take it back, but after a couple days, if it isn't confirmed, it will be "forgotten" by the network. You won't be able to find it on any block explorer and your client should show that the Bitcoin was never sent. In that case, just resend it but use a higher fee.

I dont think that works. I've had the original sender send me some more and that hasn't worked.

[achow101]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

You can't take it back, but after a couple days, if it isn't confirmed, it will be "forgotten" by the network. You won't be able to find it on any block explorer and your client should show that the Bitcoin was never sent. In that case, just resend it but use a higher fee.

I dont think that works. I've had the original sender send me some more and that hasn't worked.

Was that sent before or after the transaction was dropped? It should work if it was sent after it was dropped because then the transaction doesn't really exist. However, before it is dropped, it will be seen as a double spend and the second transaction will not be relayed.

[countryfree]

Don't worry, it happened to me before Just wait. You will see the money back in your client after a while. The network is quite good when it comes to forget transactions which cannot go through because of insufficient fees.

[ransomer]

Bitcoin is sold with "fast, and virtually free!"

With this attack/test - are we where we need to make it more costly to avoid painfully slow?

 

[Hexcoin]

Don't worry, it happened to me before Just wait. You will see the money back in your client after a while. The network is quite good when it comes to forget transactions which cannot go through because of insufficient fees.

I have the same problem, may i know how many days it takes for your transaction with low fees to be dropped in the memory pool? I got mine for 2days now with .00001 sats fee

[horace0812]

Don't worry, it happened to me before Just wait. You will see the money back in your client after a while. The network is quite good when it comes to forget transactions which cannot go through because of insufficient fees.

I have the same problem, may i know how many days it takes for your transaction with low fees to be dropped in the memory pool? I got mine for 2days now with .00001 sats fee

same situation here...
still waiting 2 incoming and 1 outgoing funds to be confirmed,
it is already 12 hours+ ...

[d4n13]

So I wasn't paying great attention when I sent over a payment through bitcoin core and left the transaction fee at the "Recommendation" of 0.00001507 BTC/kb. Now it's been sitting 12 hours, without a single confirmation. Is there any way I can take this back and resend it with a normal amount of transaction fee?

There is a way with some technical skill to up the fees of the original transaction, but with a fair amount of risk.

Right now you have basically tied up the TXOs that were used in the transaction that is sitting in the mempool.  If you were willing to risk more TXOs, you could spend from the change address of your original transaction but add a whole lot of fees to it.  If your real technical you can do this with just your change address.  If your not technical you can do a sweep of your whole wallet and burn all your TXOs in the process.

This method is called CPFP (Child Pays for Parent) and currently 4% of the miners support it.  That means you bump your odds of getting into the blockchain from effectively 0% right now, to about 4%.  If more miners support CPFP this would be common practice.  It would also be great if some wallets actually had a non-technical, point and click way to make a CPFP transaction.

So yeah... think your screwed... either wait, or read up on CPFP.