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Author Topic: Unconfirmed transaction. $0.01 fee, coinb.in  (Read 848 times)
HeyMrDJ (OP)
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November 22, 2016, 05:33:57 PM
 #1

Hello,
On accident I set the fee to $0.015 instead of $0.15, more than 24h have passed, https://blockchain.info/tx/866f0b57cdb909a84a76e310d3d0bbd340894f6f3882595087f318a86728af64?show_adv=false
I've used coinb.in where you sign the transaction manually and then broadcast it yourself. Don't have any info except BTC address, public and private key.
What's my play here? I read that the money get returned to your wallet if nothing happens for 72hours, is that correct?

Thank you in advance!
steven0021
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November 22, 2016, 05:44:58 PM
 #2

What's my play here? I read that the money get returned to your wallet if nothing happens for 72hours, is that correct?

It should as long as you don't rebroadcast it every now and then. It may happen before 72 hours.

Edit:
Also read this. You can decide if those are worth the trouble or not.

                                                                       
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HeyMrDJ (OP)
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November 22, 2016, 05:50:04 PM
 #3

What's my play here? I read that the money get returned to your wallet if nothing happens for 72hours, is that correct?

It should as long as you don't rebroadcast it every now and then. It may happen before 72 hours.

Edit:
Also read this. Up to you to decide if those are worth the trouble or not.
Thank you for your reply. What would I see on blockchain/tx if it got returned? In other words, how do I know that it was returned?
achow101
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November 22, 2016, 05:54:20 PM
 #4

Thank you for your reply. What would I see on blockchain/tx if it got returned? In other words, how do I know that it was returned?
The bitcoin doesn't actually get returned. It simply doesn't confirm and the transaction is dropped eventually. Your wallet will revert to a state where that Bitcoin was never spent, thus it seems as if the Bitcoin is returned. You won't see anything on the blockchain and most block explorers will stop showing your transaction after a while. Your wallet should also show that the transaction is gone.

HeyMrDJ (OP)
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November 23, 2016, 05:08:46 PM
 #5

Alright, so my old transaction was dropped, now I sent the btc again, only this time with $0.25 fee, still not going through, https://blockchain.info/tx/18269c509b1451d94c9132042d585c4648a54d96087f98ca29507869153be25d , whats the issue now?
And how do you know how the size(bytes) of my transaction  before sending it, i'm using coinb.in. Asking this, because I want to send >500$ next week, so I want to calculate what kind of fee should I use with it.
steven0021
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November 23, 2016, 05:47:04 PM
 #6

Alright, so my old transaction was dropped, now I sent the btc again, only this time with $0.25 fee, still not going through, https://blockchain.info/tx/18269c509b1451d94c9132042d585c4648a54d96087f98ca29507869153be25d , whats the issue now?
And how do you know how the size(bytes) of my transaction  before sending it, i'm using coinb.in. Asking this, because I want to send >500$ next week, so I want to calculate what kind of fee should I use with it.

Your fee is okay. It's just that the first transaction still exists in many other nodes mempool, making the second one to be rejected because it's a double spend.

You'll have to wait for the first transaction to be dropped by most nodes and rebroadcast the second one.

                                                                       
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HeyMrDJ (OP)
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November 23, 2016, 06:18:57 PM
 #7

Alright, so my old transaction was dropped, now I sent the btc again, only this time with $0.25 fee, still not going through, https://blockchain.info/tx/18269c509b1451d94c9132042d585c4648a54d96087f98ca29507869153be25d , whats the issue now?
And how do you know how the size(bytes) of my transaction  before sending it, i'm using coinb.in. Asking this, because I want to send >500$ next week, so I want to calculate what kind of fee should I use with it.

Your fee is okay. It's just that the first transaction still exists in many other nodes mempool, making the second one to be rejected because it's a double spend.

You'll have to wait for the first transaction to be dropped by most nodes and rebroadcast the second one.
Thanks for all your help, Steven, really appreciate it, one more question. I have already closed coinb.in where I broadcasted the "hex encoded bitcoin transaction", and I haven't saved it into text file as well, can I retrieve it from somewhere to rebroadcast it again manually?
steven0021
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November 23, 2016, 06:23:43 PM
 #8

Alright, so my old transaction was dropped, now I sent the btc again, only this time with $0.25 fee, still not going through, https://blockchain.info/tx/18269c509b1451d94c9132042d585c4648a54d96087f98ca29507869153be25d , whats the issue now?
And how do you know how the size(bytes) of my transaction  before sending it, i'm using coinb.in. Asking this, because I want to send >500$ next week, so I want to calculate what kind of fee should I use with it.

Your fee is okay. It's just that the first transaction still exists in many other nodes mempool, making the second one to be rejected because it's a double spend.

You'll have to wait for the first transaction to be dropped by most nodes and rebroadcast the second one.
Thanks for all your help, Steven, really appreciate it, one more question. I have already closed coinb.in where I broadcasted the "hex encoded bitcoin transaction", and I haven't saved it into text file as well, can I retrieve it from somewhere to rebroadcast it again manually?

Not sure about how to do that with coinb.in (I don't use it), but since BC.I already have the tx simply add "?format=hex" at the end of the tx link > https://blockchain.info/tx/18269c509b1451d94c9132042d585c4648a54d96087f98ca29507869153be25d?format=hex

                                                                       
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Free Bitcoins
Chat Lottery & Games
Level Up System with Rewards
▄████████▄  ▄████████▄
██      ██  ██      ██
██      ██  ██      ██
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