Lowest transaction fee . How long can it take ?

[asriloni]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

[QuestionAuthority]

Dude, you might as well go explain the internal combustion engine to a two year old. At least you would have a chance at success instead of just wasting your time!

Pretty much everything, to franky1, is about the block size, and he goes to great lengths trying to convince everyone that we desperately need to increase it last year or Armageddon. 'Cuz you know, the best use case for censorship-proof money is sending ha'pennies around the world for free!

Yeah, I should just ignore him but he is so annoyingly stupid. You'd think he would know a little about Bitcoin from just hanging around. I guess reading the white paper is too much to ask.

[madwica]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

Correct there is no cancel button in all bitcoin wallet transaction, that is already concern by more users that they will put cancel button on every transaction if that will happen we can also control our transaction.

[Johnny00]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

Cancelling unconfirmed transactions is easy. Just submit a higher fee double-spend transaction. For example: if you send a 0-fee transaction it could take a day before 1 block mines it. Then you send another transaction with the same inputs that just sends the money back to yourself. On this transaction you put a higher fee. This becomes more likely to be mined and will get included in the blockchain - invalidating the slower-to-confirm original.

[NeuroticFish]

Cancelling unconfirmed transactions is easy. Just submit a higher fee double-spend transaction. For example: if you send a 0-fee transaction it could take a day before 1 block mines it. Then you send another transaction with the same inputs that just sends the money back to yourself. On this transaction you put a higher fee. This becomes more likely to be mined and will get included in the blockchain - invalidating the slower-to-confirm original.

And is there any wallet that can do that or you have to script it by hand?

[NotNoobdpr]

So many completely crap posts from sig ad participants that are willing to say anything just to get credit for another advertising post.  It's getting difficult to find the actual questions and helpful information among all the noise and nonsense.
 

Tbh . I seriously need some help of someone who could guide me through it step by step.

Ok, lets start by making sure that we know exactly what we are working with.  Different versions of software have different features.

Do you know for certain what version of Bitcoin Core you are running?

If so, please let us know.

If not, in Bitcoin Core there should be a "Help" drop-down menu option.  Choose that.
One of the options in the "Help" menu is "Debug Window".  Choose that.
In the debug window you will see a tab or button for "Console".  Choose that.

In the text entry area of the Debug Window enter the command:

Code:

getinfo

This should return a "version" (along with a bunch of other stuff.  Let us know what the version is.

Thank you SIR! Seriously . This was quiete helpful. My btc core wallet is currently running on the v0.12.1 version . So abandoning the transaction would be like deleting it and reuploading it with an added fee ? I did that now . Waiting for further instructions .(:

[NotNoobdpr]

Ok guys got everything sorted thanks to one person . You can close the thread now . I thank you so much (;

[johnnyyash]

but i think if you use the suggested fee..it could get confirmed!!!

[DannyHamilton]

Ok guys got everything sorted thanks to one person . You can close the thread now . I thank you so much (;

You are able to lock your own threads.

At the very bottom of the thread on the left hand side you should see a link that says "lock topic"

[asriloni]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

Cancelling unconfirmed transactions is easy. Just submit a higher fee double-spend transaction. For example: if you send a 0-fee transaction it could take a day before 1 block mines it. Then you send another transaction with the same inputs that just sends the money back to yourself. On this transaction you put a higher fee. This becomes more likely to be mined and will get included in the blockchain - invalidating the slower-to-confirm original.

it is really complicated the address will have mark " Double Spend". but if a simple method is exist,it will be a good way to cancel transaction
but i saw some wallet that do not allow me to send the unconfirmed bitcoin. what to do if i get into that situation?

[marketgold]

So I've been going through the beginners section of this forum but couldn't find a thread, dealing with the problem I got atm. I got a bitcoin core wallet and wanted to send a certain amount of bitcoins to a certain tor website . I've done that before and was annoyed by the transaction fee that I was charged throughout the transaction because I always had to resend btc onto the website to finally have the right amount of btc on the websites wallet . This time
I saw that there's the possibility to adjust the transaction fees manually and even tick in a box which says (send without transaction fees if possible) I did that without hesitating and now have to deal with the consequence of waiting forever until the transaction is finished. My question now is. What is the longest time a transaction of 0.36 btc can take . Or how long should I expect this transaction to take ?

It will take about 24 hour , depend of what wallet you use.

[uname]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

I think bitcoin transactions can not be canceled. if it could be possible that there are con artists exist in bitcoin? because they can only cancel a transaction with ease?

[franky1]

Why does everyone want to use Bitcoin for free? It's a financial tool for transferring money that has a built in cost for the bank (miners) that's sending the money. Why is it necessary to screw them out of their cost of doing business? Give them a nice healthy fee now and get used to the fee that you'll be paying when the built in mining reward drops to an inconsequential amount in about 8 years and the demand on the network skyrockets. At that point you'd be lucky to get a transaction confirmed for a .36 Btc fee.

 Bunch of stupid meaningless bullshit

When I first came here all the dumbasses were so happy that they could send a half a penny around the world for free. Then they were happy that they could send non dust transactions for free. Then they were happy they could send non dust transactions for a small fee. Then they were happy they could get a transaction to actually confirm and be accepted by the network for a small fee.

See a pattern here dumbass? Transaction fees are just going to go up as the system matures. Believe it or not the mighty Jesus/Satoshi knew about this and wrote about it. Try reading section 6 of the white-paper and his older posts on this forum.

and your not willing to "question authority" about how should we be restricting/expanding bitcoins usage and kicking people out of bitcoin.
EG average tx fee is atleast half an hours minimum wage in india
EG average tx fee is well over an hours minimum wage in bangledesh
EG average tx fee is well over two hours minimum wage in cuba
EG average tx fee is 20 minutes minimum wage in a dozen other third world countries

to me anyone who i see that doesnt want capacity growth and instead thinks that someones hourly wage is "spam" is just ultimately screaming
"we are racists we dont want china involved, we dont want india to use. we want bitcoin to be an american corporate payment network where only the first world countries can afford to use"

put it this way now that america is trying to push for $15 minimum wage. imagine a network that wanted to take $7.50-$30 per transaction.. would you use it?
no you wouldnt. and thats exactly how third world countries are thinking about bitcoin right now. half to twice their minimum hourly wage..

i have gone to india and other countries. and they are combined over a billion people (one 6th of the planet) yet they have seen, used and learned about bitcoin and thought its worthless

i have gone to first world countries and went to retailers, farmers, the homeless. yes ven homeless people in america and europe wont accept bitcoin. i have tried setting them up and taught them how to go to a cyber cafe and move their daily donations. and showed them how and where locally to them that they can convert them bitcoins into something spendable at fast food restaurants.. after a few days they have seen all their little donations cant be used the same day to even buy a coffee or a sandwich to keep warm..

if you think bitcoin shouldshut out third world countries, should treat small amounts as spam and instead think of bitcoin as Mastercard2.0.. then i feel sorry for you.

i understand more then you realise, and although i might be blunt about how i talk about certain things. i think about the small picture, big picture how it affects the little man and the big man. is it needed to affect anyone now when will it need to affect people. how could, should it affect people now and in the future. ultimately is there a better way

and my conclusion is that restricting usage to push out who can use it now via fees, for no reason that fee's is actually needed now is ultimately a slap in the face to what was suppose to be a open payment network for everyone
if you think the only reply to a question about fee's is "just shut up and pay more"

then it seems you have stopped "questioning authority" and settled for corporate america mantra.

in my eyes i would prefer to see more people using bitcoin so the cost of use is spread so thin that anyone can use it. rather than restricting bitcoins usage so only "those that can afford it" would use it.


if you disagree. that's your prerogative.. and i guess i should "welcome you to mastercard 2.0 shut up, pay up and don't question the fee"

[TastyChillySauce00]

It could never get confirmed. You need to cancel the transaction

"CANCEL'? Are you kidding me? how you can cancel your bitcoin transaction. I never heard if the bitcoin transaction is can be canceling by the sender. maybe you're just making a troll in here.

I think bitcoin transactions can not be canceled. if it could be possible that there are con artists exist in bitcoin? because they can only cancel a transaction with ease?

if you know about double spend or atleast why so many merchant out there need atleast 1 confirmation or even more,you'll know why
when people tricking a transaction with double spend,the transaction will be rejected and the funds will come back to the sender

[QuestionAuthority]

Why does everyone want to use Bitcoin for free? It's a financial tool for transferring money that has a built in cost for the bank (miners) that's sending the money. Why is it necessary to screw them out of their cost of doing business? Give them a nice healthy fee now and get used to the fee that you'll be paying when the built in mining reward drops to an inconsequential amount in about 8 years and the demand on the network skyrockets. At that point you'd be lucky to get a transaction confirmed for a .36 Btc fee.

 Bunch of stupid meaningless bullshit

When I first came here all the dumbasses were so happy that they could send a half a penny around the world for free. Then they were happy that they could send non dust transactions for free. Then they were happy they could send non dust transactions for a small fee. Then they were happy they could get a transaction to actually confirm and be accepted by the network for a small fee.

See a pattern here dumbass? Transaction fees are just going to go up as the system matures. Believe it or not the mighty Jesus/Satoshi knew about this and wrote about it. Try reading section 6 of the white-paper and his older posts on this forum.

Again, a bunch of meaningless crap.

You want Bitcoin to be something it's not. This guy, I don't think you've heard of him, Satoshi Nakamoto invented Bitcoin. He wrote the "rules" for this "Bitcoin" thing.

His idea was that a built in "reward" would give people the incentive to "mine" bitcoins. Miners are these silly little guys that have big machines that do math problems really, really fast. It costs them lots and lots of moneys to run these big machines. The reward was a payment for running these machines but that Satoshi guy expected something called "fees" to take over paying for the big machines as the reward dropped. He also decided that this "reward" would slowly go away as more people used the "Bitcoin". It started at 50 bitcoins and cuts in half every 4 years.

The really cool stuff about this "Bitcoin" thing is its ability to secure transactions (I know those are big words but they just mean make it really, really safe) without the need for trust. That's what the "miners" do, they provide the security. Understanding the really, really safe part requires an understanding of little things called public key cryptography, digital signatures and cryptographic hashing. I realize these things are obviously so far above your head they make whale shit on the bottom of the ocean look like stardust but try to stay with me on this next point: You are not the inventor of Bitcoin. What you want Bitcoin to do is against the original design. If you don't like the way Bitcoin works, go make your own coin like all the little fuckbags in the alt section.

BTW: I don't "Question Authority" of the society I live in, I'm quite wealthy because of it and appreciate the advantages of paved roads with street lights. I hate the direction my government is moving in but voters can change that with enough prompting and information.

I question the authority of the people on this forum, not society, and that's why my name is QA. I've seen the beloved of this forum become filthy scumbags over and over again. I could recite them all starting with DnT and Pirate all the way down to devs like Mike Hearn but that would do no good because you have the comprehension ability of a gnat.

[franky1]

lol i comprehend more then you think
by the way. your assumption that we should restrict usage and go into a fee war now, actually goes against what your quoting from satoshi

The reward was a payment for running these machines but that Satoshi guy expected something called "fees" to take over paying for the big machines as the reward dropped.  He also decided that this "reward" would slowly go away as more people used the "Bitcoin". It started at 50 bitcoins and cuts in half every 4 years.

satoshi also said bitcoins popularity and usage would go.. which if allowed by the devs would slow down the need for a fee war because more people are paying
EG you prefer 1 person paying $1, others prefer 100 people paying 1cent. miners dont care either way as its $1 either way
also the main income:bonus switch
where income was reward and bonus was fee,
becomes main income will be fee and bonus becomes reward,
is something that will happen (statistically and logically) in atleast 2032 (16 years)

the more users allowed to transact, the less its needed to happen in 2032
the less users allowed to transact(fee war) the more its needed to happen BEFORE 2032

so i really wonder why you want to push it hard to happen sooner, which causes less users able to use it and more costly to those that do use it.. there is another way that satisfies everyone, but you wont hear it..

but your mindset is FAST fee increase and restrict usage now, now now.
its like forcing a child thats 7years old to go get a job now because in 16 years he needs to afford to look after a wife and kids..
your not considering how to teach the kid whats best, nor allow him to grow and become sociable to have many people help him in the future.
its just a "get a job or get out my house at 7 years old" mindset i feel you wish to blindly stick with..

i know you are in the "bitcoin is the new reserve currency" camp rather than "Bitcoin: A Peer-to-Peer Electronic Cash System" camp
you have not seen the big picture, you have not seen the pro's and cons and you have not ran scenarios or even spoke to people around the world.
it seems your mindset is stuck in what bitcoin can do for you when you retire and cash out back to fiat.

i too am hoarding alot, but atleast i can look beyond myself and think about what bitcoin can and should be for everyone, instead of a niche market of capitalists.

i wish you luck with your mindset and hope you cash out and be fiat rich, and your dreams come true back in the fiat world

[DannyHamilton]

- blocksize arguments, insults, and philosophical rants -

- blocksize arguments, insults, and philosophical rants -

- blocksize arguments, insults, and philosophical rants -

Come on guys.

The OP is a newbie that just wants to know how to get his current transaction confirmed quickly. That's been dealt with by those that actually care about helping others and he has announced that the thread is closed.

There's no need to derail or continue this thread with your off-topic preaching.

Please take your little tiff elsewhere.

[Labumi]

It could never get confirmed. You need to cancel the transaction

The best and fastest solution. But you must also know that any transaction that we do in the bitcoin can never be cancelled and you need not be concerned to delay confirmation, if for 4 days/more transactions you do not then automatically authenticated your transaction is cancelled and your money will be refunded

[PeRo]

Why would you even try sending such amount of Bitcoins with a lowest fee? You will probably end up never getting confirmations and you can not get the Bitcoins back. There is no using for free, and the fee is really dust even on high fees. If you have the amount you said you were sending, you probably have enough money to pay a dust fee.

[marketgold]

On localbitcoins there are no fees for transactions and it is processed faster