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Author Topic: (Electrum) HELP: Estimated Confirmation Time Within 6 Blocks (Medium Priority)  (Read 3757 times)
8Habits (OP)
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November 22, 2016, 02:26:13 PM
 #1

Hi guys,

I really need your help here..
It is my first time to send bitcoin to my other bitcoin wallet from my electrum local wallet. I have been receiving bitcoins from this wallet it everything are good.. However, just few hours ago, I sent bitcoin to my other online wallet from my electrum wallet and even if I set the default 0.0005 btc/kb which turned out    0.0001522 BTC as fee.. But even with that fee, I get Medium priority in blockchain and needs 6 confirmations - it's more or less 6 hours now and my bitcoin is still unconfirmed and pending.. Why is that so? Please help what I should do..

In my poloniex, I believe the fee is 0.0001 and it goes through immediately but with my electrum, I get this medium priority.. Please help guys, I badly needed my coin for some family reason..

Thanks and more power!

steven0021
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November 22, 2016, 02:32:01 PM
 #2

Transaction ID?
The recommended fee right now is 90spb or 0.0009BTC/KB. 0.0005BTC/KB is a little low but I don't see why it would take 6 hours (I might be wrong).

                                                                       
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8Habits (OP)
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November 22, 2016, 02:40:26 PM
 #3

Transaction ID?
The recommended fee right now is 90spb or 0.0009BTC/KB. 0.0005BTC/KB is a little low but I don't see why it would take 6 hours (I might be wrong).


Hi steven, thank you very much for your reply..

Here is the transaction id: https://blockchain.info/tx/7d455def66ac636d5688ecd5103febd66be2d64c0fb1d077d31dbfc89605429a
I really don't have any idea how to set recommended fee Sad
steven0021
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November 22, 2016, 02:49:34 PM
Last edit: November 22, 2016, 04:27:35 PM by steven0021
 #4

Transaction ID?
The recommended fee right now is 90spb or 0.0009BTC/KB. 0.0005BTC/KB is a little low but I don't see why it would take 6 hours (I might be wrong).


Hi steven, thank you very much for your reply..

Here is the transaction id: https://blockchain.info/tx/7d455def66ac636d5688ecd5103febd66be2d64c0fb1d077d31dbfc89605429a
I really don't have any idea how to set recommended fee Sad

That's not 0.0005BTC/KB... It's 0.0001BTC/KB. Electrum will give you a "not enough funds" message if you set the output to be more than the output + recommended fee so you might have set the fee of the transaction or have set the fee per KB under your settings to 0.0001BTC.

In the future you should probably use dynamic fee and set it to high (Tools > Preferences > Use dynamic fee).

                                                                       
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8Habits (OP)
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November 22, 2016, 02:57:09 PM
 #5

Transaction ID?
The recommended fee right now is 90spb or 0.0009BTC/KB. 0.0005BTC/KB is a little low but I don't see why it would take 6 hours (I might be wrong).


Hi steven, thank you very much for your reply..

Here is the transaction id: https://blockchain.info/tx/7d455def66ac636d5688ecd5103febd66be2d64c0fb1d077d31dbfc89605429a
I really don't have any idea how to set recommended fee Sad

That's not 0.0005BTC/KB... It's 0.0001BTC/KB. Electrum will give you a "not enough funds" message if you set the output to be more than the recommended fee so you might have set the fee of the transaction or have set the fee per KB under your settings to 0.0001BTC.

In the future you should probably use dynamic fee and set it to high (Tools > Preferences > Use dynamic fee).

OMG, I never knew what I am doing, yes I remember it was .0005btc/kb and I changed it to .0001btc/kb because I thought to make it the same with my poloniex fee of .0001 btc.. I just realized now that there is /kb there and not .0001 btc fee for the whole transaction.. I've learned my lesson now..

What shall I do now Steven? will I still receive my bitcoin to my other wallet or anything that should I do?

I truly appreciate your help.. thank you very much
steven0021
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November 22, 2016, 03:07:20 PM
 #6

OMG, I never knew what I am doing, yes I remember it was .0005btc/kb and I changed it to .0001btc/kb because I thought to make it the same with my poloniex fee of .0001 btc.. I just realized now that there is /kb there and not .0001 btc fee for the whole transaction.. I've learned my lesson now..

What shall I do now Steven? will I still receive my bitcoin to my other wallet or anything that should I do?

I truly appreciate your help.. thank you very much

I'll just quote something I read a minute ago.  Tongue

  • You can just wait and hope that the transaction will confirm eventually.
  • You can repeatedly re-broadcast the transaction every half-day or so to make sure that the network doesn't forget the transaction.  This will give you more opportunity for the transaction to confirm in the next few days or weeks
  • You can contact someone that has the ability to choose which transactions one of the larger mining pools confirms. You can offer them an additional payment to provide that service to you.

Additionally:
-Within this forum, Quickseller might be able to help you with the third method. Same with macbook-air. I'd try QS first because he's online most of the time.
-If you choose not to do anything and the transaction stays unconfirmed for a long time, the bitcoins will eventually return to your wallet once the transaction have been dropped by the majority of the network. If you still don't see it in few days try switching servers.

                                                                       
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8Habits (OP)
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November 22, 2016, 03:16:41 PM
 #7

OMG, I never knew what I am doing, yes I remember it was .0005btc/kb and I changed it to .0001btc/kb because I thought to make it the same with my poloniex fee of .0001 btc.. I just realized now that there is /kb there and not .0001 btc fee for the whole transaction.. I've learned my lesson now..

What shall I do now Steven? will I still receive my bitcoin to my other wallet or anything that should I do?

I truly appreciate your help.. thank you very much

I'll just quote something I read a minute ago.  Tongue

  • You can just wait and hope that the transaction will confirm eventually.
  • You can repeatedly re-broadcast the transaction every half-day or so to make sure that the network doesn't forget the transaction.  This will give you more opportunity for the transaction to confirm in the next few days or weeks
  • You can contact someone that has the ability to choose which transactions one of the larger mining pools confirms. You can offer them an additional payment to provide that service to you.

Additionally:
-Within this forum, Quickseller might be able to help you with the third method. Same with macbook-air. I'd try QS first because he's online most of the time.
-If you choose not to do anything and the transaction stays unconfirmed for a long time, the bitcoins will eventually return to your wallet once the transaction have been dropped by the majority of the network. If you still don't see it in few days try switching servers.

Oh my, what have I gone through.. I badly needed the money for family reason and now, because of ignorance, I am now in this situation..I have no idea what the 3rd option would do? is this kind of service? how does QS makes my transaction get through? and how much usually does it cost? thanks steneven
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November 22, 2016, 03:28:35 PM
 #8

Oh my, what have I gone through.. I badly needed the money for family reason and now, because of ignorance, I am now in this situation..I have no idea what the 3rd option would do? is this kind of service? how does QS makes my transaction get through? and how much usually does it cost? thanks steneven

He will push your tx to the f2pool's ...pool. This will make F2pool include your tx in one of their new blocks (which will make it confirmed.).

                                                                       
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8Habits (OP)
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November 22, 2016, 03:38:46 PM
 #9

Oh my, what have I gone through.. I badly needed the money for family reason and now, because of ignorance, I am now in this situation..I have no idea what the 3rd option would do? is this kind of service? how does QS makes my transaction get through? and how much usually does it cost? thanks steneven

He will push your tx to the f2pool's ...pool. This will make F2pool include your tx in one of their new blocks (which will make it confirmed.).

That is nice.. thank you very much.. I've contacted QS already.. Thank you very much Steven for the help.. truly appreciated it
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