recvd btc shows confirmed and in my balance but seems to be stuck

[mistee234]

I received .92891 BTC yesterday , I see 57 confirmations in blockchain, the BTC shows in my wallet but my USD balance dropped over night. When I recvd the .92891 it showed a usd value of 891 now today it is showing at usd value of 841 and my balance in my wallet dropped, I also sent 3 transcations after I received the .92891 btc yesterday and they all have not been confirmed. I think this is due to the .92891 I received yesterday. I think it is in limbo even though it is reflected in my account. Has anyone heard of this?

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[shorena]

#1 the BTC price droped, hence its showing less
#2 how much fee did you pay on the transactions?
#3 how large in byte are the transactions?

TX with low fee take time to confirm. The 3 likely depend on eachother to confirm.

[ranochigo]

I received .92891 BTC yesterday , I see 57 confirmations in blockchain, the BTC shows in my wallet but my USD balance dropped over night. When I recvd the .92891 it showed a usd value of 891 now today it is showing at usd value of 841 and my balance in my wallet dropped, I also sent 3 transcations after I received the .92891 btc yesterday and they all have not been confirmed. I think this is due to the .92891 I received yesterday. I think it is in limbo even though it is reflected in my account. Has anyone heard of this?

What wallet are you using? The USD value has no effect on the transaction unless you are using a service which reference the amount of Bitcoins to USD value.

Unconfirmed transaction is likely what you are facing. Could you share your address? It is likely that you have used a fee that is too low. When you first spend your transaction, one part of your coins go to your destination and the others go to your change address. The next transaction uses the coin from your change and so on. Since the if the transaction before that is unconfirmed, the next transaction cannot be confirmed, you need to wait for at least the transaction made before it to be confirmed.

[mistee234]

It shows received in my wallet and when i click on the transaction it shows status as confirmed and 67 confirmations but it seems like the bitcoin isnt actually in my blockchain bc no transcations I send are going thru.. How do I see what fee they used when it was sent to me? I am new to this what address do I give?

[ranochigo]

It shows received in my wallet and when i click on the transaction it shows status as confirmed and 67 confirmations but it seems like the bitcoin isnt actually in my blockchain bc no transcations I send are going thru.. How do I see what fee they used when it was sent to me? I am new to this what address do I give?

Alright, could you give us the address where you sent the Bitcoins to(The initial 0.9BTC) or the transaction ID would suffice.

The 0.9BTC is in the Blockchain but the other transactions are in the mempool, awaiting to be included. The transactions are included with the highest fee for each unit of size first. Are you using Blockchain.info to view your transactions? If yes, you can go to your 3 transactions, tell us the Fee and the size column.

[mistee234]

I received the .93801 btc i didnt send it but it seems like its stuck even though it shows confirmed on my side.

After i received the .938001 i made 3 transactions.

19UnCwor2dosJcHwoHYRCytfDRYS7Bk48q

1KFLoMPZGxaSN5GFH2gJsuYpkWQHbjF3Ys

14npg8LyiNSfxXoQNWVoMw2RfBTmXqxhQ2

[mistee234]

i think this is the transcation id for the .9 that i should have received

 fae2abbad71d4a4dbc819bd75dbd561592fbd83dabd258b2d7041c1bda129a28

[achow101]

These are your four transactions in order of sending:

fae2abbad71d4a4dbc819bd75dbd561592fbd83dabd258b2d7041c1bda129a28
eed602fd774b8c3440839a0b34beeb6b4f2343e2a0e79456e154dc69febfa25f
be928ef28f9bc65643a33015b85a2d03971950b0da62cf8e9ff8353c0f2f5c55
5975636c8cec4bc089446fb3a0c243937cf483f44e2baf69162fe12feaef6e14

The first one is confirmed, the last three are not. All transactions depend on each other as each one spends from the previous transaction i.e. the second spends from an output from the first, the third spends an output from the second, and the fourth spends an output from the third. Because of this dependency, the last three transactions cannot confirm until the second transaction confirms.

The transaction fee on all of the last three transactions (including the second one, which is the most important right now) is too low. You only paid ~65 satoshis/byte whereas the current recommended fee for fast confirmations is ~100 satoshis/byte. Because you have these three dependent transactions, you only have two options: wait, or ask a miner to confirm it.

For the second option, you can contact Quickseller and macbook-air; they can help you with that.

[shorena]

i think this is the transcation id for the .9 that i should have received

 fae2abbad71d4a4dbc819bd75dbd561592fbd83dabd258b2d7041c1bda129a28

That one is fine and confirmed -> https://www.blocktrail.com/BTC/tx/fae2abbad71d4a4dbc819bd75dbd561592fbd83dabd258b2d7041c1bda129a28

Now to the transactions that have no confirmations:

#1

With the funds you received you send 0.02635294 to 14npg8LyiNSfxXoQNWVoMw2RfBTmXqxhQ2
with -> https://blockchain.info/tx/eed602fd774b8c3440839a0b34beeb6b4f2343e2a0e79456e154dc69febfa25f

That transaction is unconfirmed and was unknown to other blockchain explorers like blocktrail, which suggests that its badly propagated. I gave it a push in order to make it better known to the network. The fee is reasonable with 65 satoshi per byte.

#2

Next you used the unconfirmed change[1] to send 0.04868677 to 1KFLoMPZGxaSN5GFH2gJsuYpkWQHbjF3Ys
with -> https://blockchain.info/tx/be928ef28f9bc65643a33015b85a2d03971950b0da62cf8e9ff8353c0f2f5c55

Again badly propagated, but the fee is fine. Gave it a push.

#3

Next you used the confirmed change[1] to send 0.01044168 to 19UnCwor2dosJcHwoHYRCytfDRYS7Bk48q
with -> https://blockchain.info/tx/5975636c8cec4bc089446fb3a0c243937cf483f44e2baf69162fe12feaef6e14

#4 -> https://blockchain.info/tx/a1e487131ce81f3b43f05b6930169a810a9e1881161ee9ca82fed05fbbba5cef
#5 -> https://blockchain.info/tx/27994fd5e51da67e6edf681e206d3e60b9a58d63c74f06dbe5cef279c4ac7028

Same story.


Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change. Until the transaction you used first to spend coins is confirmed none of the following transactions can confirm. Additionally there was an issue with your wallet or service propagating the transactions in the network, thus I assume you are using blockchain.info, because it seems no other blockchain explorer knew about your transactions before I pushed them into the network again.


Now that they are well known, it should only take a few hours until they are confirmed.

[mistee234]

Thank you so much for the response. How do I use the .9 entirely and send the rest back to myself? Also, I didnt know what was going on so i transfered 10 dollars to my 2nd bitcoin that is also in my blockchain app and i transferred I think 3 dollars to my 2nd bitcoin. Those also didnt show confirmations. Do you need those addresses too?


The only thing I use is the blockchain app. Do I need to delete the app? I am sorry for having no clue what any of this is. I am very new to this. I thought I had transferring and receiving btc  down and then this happens.

[mistee234]

All of the transactions now show confirmed in my blockchain. How to do this part  "Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change"

Regarding the 3 confirmed transactions will the receiver now receive the btc I sent or will those 3 transactions pop back into my account?

[achow101]

All of the transactions now show confirmed in my blockchain. How to do this part  "Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change"

Regarding the 3 confirmed transactions will the receiver now receive the btc I sent or will those 3 transactions pop back into my account?

All of the transactions are now confirmed so the Bitcoin will go to whoever you sent it to.

[mistee234]

They didnt get it. I dont know what to do.

[achow101]

They didnt get it. I dont know what to do.

Then there is an issue with the receiver's Bitcoin wallet. The transactions have confirmed which means that they are now set in stone, cannot be changed, cannot be reversed. The transactions happened.

[mistee234]

I contacted them  again and they said they got it. So am I good now to start sending again from my blockchain wallet or do I need to do what this poster said to be able to use my .9 btc ?

"Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change."

[achow101]

I contacted them  again and they said they got it. So am I good now to start sending again from my blockchain wallet or do I need to do what this poster said to be able to use my .9 btc ?

"Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change."

You are good to go. What Shorena was explaining was why those three transactions are linked together. Change is handled by your software and it was already done when you made your transactions.

[shorena]

I contacted them  again and they said they got it. So am I good now to start sending again from my blockchain wallet or do I need to do what this poster said to be able to use my .9 btc ?

"Now to [1], unconfirmed change. You have received a ~0.9 BTC bill and want to use it. In order to use it, you have to use it entirely and send the rest back to yourself as change."

You are good to go. What Shorena was explaining was why those three transactions are linked together. Change is handled by your software and it was already done when you made your transactions.

This^, under normal cicumstances you dont have to worry about change or how it works. Your wallet software will take care of that. When you look up the transactions in a blockchain explorer you will see a second output. Its like you send the coins to two persons. E.g. here

-> https://blockchain.info/tx/be928ef28f9bc65643a33015b85a2d03971950b0da62cf8e9ff8353c0f2f5c55?show_adv=true (I turned the "advanced" mode on, by clicking on "Show scripts & coinbase")

On the left side is the address you received the coins on. On the right side are the two(!) addresses you send coins to. One starting with 1KF sending ~0.05 to someone else and one starting with 1KP sending ~0.86 back to you. Note that I only know which address is yours and which address belongs to the other person because you told me so. There is nothing within the transaction itself that allows me to learn which of the two addresses are yours.

If you click on the little red "spend" you can follow the coins and see where they have been used following this transactions. Now the address that was just on the right side appears on the left side as input. There may be more inputs and there may be 1, 2 or any larger number of outputs (right side).

Only one output is very rare, because it usually means that you can send coins without change. Lets assume you have received several transactions in the past that you can now use as inputs. E.g.

2x 0.1 btc
5x 0.05 btc
1x 1.75 btc

Now you want to send 0.3 btc (we ignore fees to keep it simple) and if we look at the inputs we can use both 0.1 btc inputs and two 0.05 inputs to have a total of 0.3 btc. This is usually not how you receive bitcoins though. More often you receive coins they will be like the transaction you received recently or the once you created, using all (or almost all) 8 decimal places. Chances that you have the exact right combination of inputs ready are very slim, so a change output is almost always created by your wallet.


.... that might have been a bit too much for starters, feel free to ask questions if you have any.