Transaction not getting confirmed.

[VirosaGITS]

https://blockchain.info/tx-index/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

Is there a need to manually raise the fee? I never had a transaction not confirmed within a few blocks before. And the wallet i used previously auto-calculated a fee to get confirmed.

[jim618]

That transaction has a fee rate of 4.4 satoshi / byte.

https://insight.bitpay.com/tx/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

Compare that to other transactions being added to the network:
https://tradeblock.com/bitcoin/

Practically every other transaction has a higher fee rate and hence will get mined first.

[VirosaGITS]

That transaction has a fee rate of 4.4 satoshi / byte.

https://insight.bitpay.com/tx/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

Compare that to other transactions being added to the network:
https://tradeblock.com/bitcoin/

Practically every other transaction has a higher fee rate and hence will get mined first.

Thats no problem, but how to i prevent this from happening again?

The wallet doesn't let me fine tune a fee rate at checkout, it set one more or less automatically and all other transaction before had a proper fee rate. I want to prevent small transaction like that from not getting confirmed first without paying more fees for all transaction as well.

[jim618]

The fee slider that has been added in MultiBit Classic v0.5.19 (https://multibit.org/blog/2015/09/10/multibit-classic-release-0.5.19.html) makes it easy to fine tune how much fee you pay.

Say you use the default setting of 0.000 1 BTC / KB.

Then a transaction of size <=1000 bytes will have a fee of 0.000 1 BTC added.
(Bigger transactions will have proportionally more).

You can see what other people are paying for fees at various places e.g.:

+ http://www.cointape.com

+ https://tradeblock.com/bitcoin/

Most transactions are relatively small - 500 bytes is typical.


If you want your transaction to get in a block quickly you basically have to outbid other people.
If you are just moving bitcoin around between your own wallets then you might dial down the fee as you may not be bothered if it takes 24 hours.

I find a setting of 0.000 2 BTC / KB does the trick at the moment, you can probably go a bit lower. There are a LOT of unconfirmed transactions at the moment (22K as I type) so you have to pay more than usual.

[jim618]

The same fee slider is in MultiBit HD.

[Hugroll]

i sent a transaction with the same fee 2days ago and it confirmed today, im guessing yours will also take around 2days.

[VirosaGITS]

i sent a transaction with the same fee 2days ago and it confirmed today, im guessing yours will also take around 2days.

Its been longer.

The fee slider that has been added in MultiBit Classic v0.5.19 (https://multibit.org/blog/2015/09/10/multibit-classic-release-0.5.19.html) makes it easy to fine tune how much fee you pay.

Say you use the default setting of 0.000 1 BTC / KB.

Then a transaction of size <=1000 bytes will have a fee of 0.000 1 BTC added.
(Bigger transactions will have proportionally more).

You can see what other people are paying for fees at various places e.g.:

+ http://www.cointape.com

+ https://tradeblock.com/bitcoin/

Most transactions are relatively small - 500 bytes is typical.


If you want your transaction to get in a block quickly you basically have to outbid other people.
If you are just moving bitcoin around between your own wallets then you might dial down the fee as you may not be bothered if it takes 24 hours.

I find a setting of 0.000 2 BTC / KB does the trick at the moment, you can probably go a bit lower. There are a LOT of unconfirmed transactions at the moment (22K as I type) so you have to pay more than usual.

Hah i see, So i do not have issues with other transactions because they are bigger (over 0.01BTC) and thus a higher flat fee is applied, because the size of the tx in byte is bigger?

Contrary to the small 0.004 transaction?

How about a feature to autocalculate the fee to get accepted? Like on GreenAddress?

[jim618]

Auto-calculation of fees:
https://github.com/bitcoin-solutions/multibit-hd/issues/696

Note that this would go into MultiBit HD - MultiBit Classic is in maintenance mode so only gets essential fixes now.

[lorylore]

https://blockchain.info/tx-index/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

Is there a need to manually raise the fee? I never had a transaction not confirmed within a few blocks before. And the wallet i used previously auto-calculated a fee to get confirmed.

Just checked the link that you posted
And seems that the funds has been sent back to the sender.
Transaction rejected by our node. Reason: Transaction was previously accepted but has been pruned from our database.

[jim618]

On insight.bitpay.com it is still unconfirmed:
https://insight.bitpay.com/tx/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

[VirosaGITS]

Auto-calculation of fees:
https://github.com/bitcoin-solutions/multibit-hd/issues/696

Note that this would go into MultiBit HD - MultiBit Classic is in maintenance mode so only gets essential fixes now.

I see Gary approve of incorporating this feature, that is wonderful.

On insight.bitpay.com it is still unconfirmed:
https://insight.bitpay.com/tx/5e6802ff4250ea760d91eac44ea3f4139e84dc2047cb717000931091fb1566ed

I paid in BTC for another friend's purchase of a humble bundle i kind of hope he's not gonna get blowback from this.

I'm wondering why the node says "Previously accepted but now pruned". What did it ever do to you blockchain.info !? xD

This was his first experience with Bitcoin and he's already extremely dubious and think BTC is shifty. ^_^"

[Borisz]

The latest Multibut classic client (0.5.19) allows you to manually set the tx fee per kB in View/Preferences. Adjust the slider and click Apply.

I have set the fees to highest (important transaction, 0.0005 BTC/kB) and my transaction went through in a matter of minutes.

I assume Multibit HD offers even better/automatic control over fees.

[VirosaGITS]

The latest Multibut classic client (0.5.19) allows you to manually set the tx fee per kB in View/Preferences. Adjust the slider and click Apply.

I have set the fees to highest (important transaction, 0.0005 BTC/kB) and my transaction went through in a matter of minutes.

I assume Multibit HD offers even better/automatic control over fees.

It does not, yet;
Multibit HD also have the slider and it was set to 0.00001. Contrary to what Jim said, this is what it defaulted to me. There is a "Default line" but thats not what it was set to. It was set to lowest.

I thus have been running MultiBit HD with 0.00001 for quite a while without issues so it came out as a bit weird to me.

Anyways it's nice that they're considering incorporating the dynamic fee control.

[eddyubachs]

I just did 8 small transaction to luckybit using my multibit wallet and they were confirmed without any delay
about fees they automatically add 0.0001btc fees for each transaction

[VirosaGITS]

I just did 8 small transaction to luckybit using my multibit wallet and they were confirmed without any delay
about fees they automatically add 0.0001btc fees for each transaction

Mhm, but in my case, only 0.00001 was added. Notice the extra 0. So that was obviously the culprit. It just came as unexpected since my other 100 transaction went through just fine quite fast.

[gon]

I just did 8 small transaction to luckybit using my multibit wallet and they were confirmed without any delay
about fees they automatically add 0.0001btc fees for each transaction

Mhm, but in my case, only 0.00001 was added. Notice the extra 0. So that was obviously the culprit. It just came as unexpected since my other 100 transaction went through just fine quite fast.

if you added just 0.00001btc as fees then transaction confirmation may take 1 days or more to confirm, recomanded standard fees is 0.0001btc for normal transaction

[VirosaGITS]

I just did 8 small transaction to luckybit using my multibit wallet and they were confirmed without any delay
about fees they automatically add 0.0001btc fees for each transaction

Mhm, but in my case, only 0.00001 was added. Notice the extra 0. So that was obviously the culprit. It just came as unexpected since my other 100 transaction went through just fine quite fast.

if you added just 0.00001btc as fees then transaction confirmation may take 1 days or more to confirm, recomanded standard fees is 0.0001btc for normal transaction

Yes, thank you for ignoring every other post in this thread except the last. And its not 0.0001 per transaction, its 0.0001/kB .