However i tried to make a transaction between 2 of my accounts, 0.002 and for some reason it has been unconfirmed for some time around 30+ hours, I know people are going to say be patient and wait however i would just like to know the reason behind it, I'm not worried about the 20p worth of bitcoin I'm just curious.
Here is my address of the unconfirmed transaction : 15K4F2EhHCEBQ81jx3W2gQanmoojdDFVGm
See the warning by hovering your mouse over the symbol besides the 'medium priority' on
TX, it says that "this transaction has a very small output and is non standard" which means one of the output is below Dust threshold, which currently is 2730 Satoshi
cmiiw, it may still get confirmed but it will take a while.
Also is it correct in saying that when an account has a unconfirmed transaction sent from it, then you can not send or receive any more ? is this why people split up BTC between different accounts ?
You can send and receive coins but if you try to spend an input which is unconfirmed due to whatever reasons, the next transactions will stay unconfirmed until the previous one confirms.
Regarding security and storing BTC for a long time, is my method safe ?
I have printed 10 paper wallets from bitaddress.org and deposited a small amount in each one. I have added the public key of all 10 addresses to my blockchain.info account as (Watch Only) just so i can see the balance of all paper wallets combined, I have then locked up the paper wallets in my safe...... is this a recommended way to store BTC ?
I'm not worried about some security factors such as "someone stealing safe" - "house burning down" - "printer storing print in memory", using my method is it impossible to have my BTC stollen ?
Did you printed them offline? which means downloading the bitaddress source from github, taking it to an offline computer or an air-gapped machine and then printing them offline so no malware and virus can know their private keys. If you printed them online they're still not safe.
Apart from that, if you're not worried about theft or any other unforeseen circumstances then they're safe but make sure that the paper is safe from degradation.