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Author Topic: 24hrs+ unconfirmed, can someone please advise.  (Read 384 times)
quellos
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October 27, 2016, 12:47:26 AM
 #1

Hi Guys,

I have a transaction I sent via my electrum wallet and it's coming up 24hrs unconfirmed, I just let it choose the fee and have never had an issue before, can someone please look at the transaction, does it look like the fee is too low?

https://blockchain.info/tx/6a9a22627d4bd59756a6150d4c32f0e15c76008a2928cf1082f002a6ae30030f

I was using an old version of Electrum without the RBF option so I don't know how to resend with a higher fee if that is the issue. I have the new version of Electrum now.
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October 27, 2016, 12:53:01 AM
 #2

Hi Guys,

I have a transaction I sent via my electrum wallet and it's coming up 24hrs unconfirmed, I just let it choose the fee and have never had an issue before, can someone please look at the transaction, does it look like the fee is too low?

https://blockchain.info/tx/6a9a22627d4bd59756a6150d4c32f0e15c76008a2928cf1082f002a6ae30030f

I was using an old version of Electrum without the RBF option so I don't know how to resend with a higher fee if that is the issue. I have the new version of Electrum now.

Yes, it's too low. The fee is 50satoshi/byte and the recommended fee (according to https://bitcoinfees.21.co/) is 100satoshi/byte.
I'm almost sure that it'll be confirmed in less than 24 hours. No guarantee though.

                                                                       
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DOGE12321
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October 27, 2016, 12:57:51 AM
 #3

I think it was a low transaction fee. I would have put around 90 to 100 satoshi per byte for this transaction as it is quite high price. However, I wouldn't worry too much about it. It should be confirmed soon. Next time, just put a higher transaction fee, especially for a decent sum of BTC like 0.11.
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October 27, 2016, 01:02:52 AM
 #4

I think it was a low transaction fee. The current average is around 90 to 100 satoshi per bytes. I wouldn't worry too much about it. It should be confirmed soon. Next time, just put a higher transaction fee, especially for a decent sum of BTC like 0.11.

The fee required doesn't increase with the sum of BTC. In fact the priority gets higher with the sum.

                                                                       
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