johnniewalker (OP)
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April 02, 2013, 02:11:59 AM |
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I sent BTC from MtGox to my address on Walletbit and it has been HOURS and not a single confirmation. Am I just being impatient or is something wrong?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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johnniewalker (OP)
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April 02, 2013, 02:15:35 AM |
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It does look like its on the list of Unconfirmed transactions, according to blockchain. Is that a good thing?
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DannyHamilton
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April 02, 2013, 02:39:42 AM Last edit: April 02, 2013, 03:16:15 AM by DannyHamilton |
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Some details would be helpful in discussing your issue.
TransactionID?
Address sent to?
Amount sent?
Did you include a fee? EDIT: I just saw that you said "from MtGox", that most likely means no fee.
How many inputs?
Some transactions (low priority with no fee) may never confirm.
High priority with a fee will typically confirm within a few blocks.
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deepceleron
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April 02, 2013, 02:48:34 AM |
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MtGox is notorious for not including fees when they are required by the network, especially if you clicked the "green" option. Not much you can do, if the priority is under 57,600,000 and there is no fee, it is considered blockable spam by nodes.
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johnniewalker (OP)
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April 02, 2013, 02:57:49 AM |
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Some details would be helpful in discussing your issue.
TransactionID?: 38d2b91f7918ccaae687529522814c3c9f87910760d580bfcc71faefaacc94af
Address sent to?: 1LUbghgDuLUDBNKDBEXGbkZyu3JNuhc2mX
Amount sent?: 0.36776088
Did you include a fee?: No
How many inputs?: Not sure what this means
Some transactions (low priority with no fee) may never confirm.: so are my coins gone forever or what?
High priority with a fee will typically confirm within a few blocks.
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johnniewalker (OP)
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April 02, 2013, 02:59:15 AM |
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MtGox is notorious for not including fees when they are required by the network, especially if you clicked the "green" option. Not much you can do, if the priority is under 57,600,000 and there is no fee, it is considered blockable spam by nodes.
So what ultimately happens? The transaction remains eternally unconfirmed? I know its not a HUGE amount of BTC but its still like $40-which is a lot to poor me.
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deepceleron
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April 02, 2013, 03:14:49 AM |
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If you give it 4-24 hours it will likely be picked up by some miner; if MtGox was throwing all it's transactions into the permanent bit bucket, there might be just a small outcry.
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johnniewalker (OP)
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April 02, 2013, 03:22:52 AM |
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If you give it 4-24 hours it will likely be picked up by some miner; if MtGox was throwing all it's transactions into the permanent bit bucket, there might be just a small outcry.
First of all, fuck MtGox (again). I noticed there is another transaction that looks like it was sent with mine. It was for .5 something BTC, making the total amount .9 something. I wouldn't guess it would take so long for a transaction of that amount to be confirmed. If I have to wait, I have to wait. I'm fine with that (not like I have a choice). I just wanted to make sure that it was going to be an eternally unconfirmed transaction. Lesson learned: pay the "optional" fee next time.
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deepceleron
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April 02, 2013, 03:50:23 AM |
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TransactionID?: 38d2b91f7918ccaae687529522814c3c9f87910760d580bfcc71faefaacc94af
Now it has three confirmations.
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Liquid
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April 03, 2013, 12:51:16 PM |
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Transaction ID: 911a7036c1c7e1dbe3bb632f7f33cb5709cf89eef27f8494d520ecc4995d4df2
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Bitcoin will show the world what hard money really is.
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TheJuice
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April 04, 2013, 03:42:46 AM |
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MtGox is notorious for not including fees when they are required by the network, especially if you clicked the "green" option. Not much you can do, if the priority is under 57,600,000 and there is no fee, it is considered blockable spam by nodes.
Is there a way to see priority? I just closed out my armory wallet (crashed too much for me), so there are like 20 input, it didn't include a fee - but total is ~1.5btc. thoughts?
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