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Author Topic: Spending from an unconfirmed balance  (Read 2040 times)
jacee
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January 21, 2016, 07:38:49 AM
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I want to send btc now but the balance is still unconfimed. I'm currently usin mycelium and saw that I can send it even if it's not confimed yet but I didn't sen it yet. Is it okay if I will spend the coins from an unconfimed transaction or should I jut wait for it to be confimed before I can send it?
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mocacinno
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January 21, 2016, 07:41:05 AM
 #2

I want to send btc now but the balance is still unconfimed. I'm currently usin mycelium and saw that I can send it even if it's not confimed yet but I didn't sen it yet. Is it okay if I will spend the coins from an unconfimed transaction or should I jut wait for it to be confimed before I can send it?

I would wait...
If you send coins from an unconfirmed transaction, your new transaction cannot be confirmed before the incoming unconfirmed transaction is confirmed (wow, that was a difficult sentense)

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January 21, 2016, 09:19:02 AM
 #3

I want to send btc now but the balance is still unconfimed. I'm currently usin mycelium and saw that I can send it even if it's not confimed yet but I didn't sen it yet. Is it okay if I will spend the coins from an unconfimed transaction or should I jut wait for it to be confimed before I can send it?

I would wait...
If you send coins from an unconfirmed transaction, your new transaction cannot be confirmed before the incoming unconfirmed transaction is confirmed (wow, that was a difficult sentense)

I would wait if you received the coins from someone else.

I would not wait if the coins are unconfirmed because you recently created a different transaction and the unconfirmed coins are the change of that TX. (more difficult sentenses :C )

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January 23, 2016, 12:27:21 AM
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I choose to wait. The coins were also from me from another address. I was sending them to another address but the confirmation takes longer than usual with a high priority fee set. Anyway I waited. I thought maybe something wrong coul happen so yea. Thanks for the difficult sentences you guys wrote here. Smiley
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February 19, 2016, 08:53:38 PM
 #5

Glad you waited because you could have ended up with creating a double spend

which could have caused problems,coins can get stuck

that was an easy sentence Grin
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