Bitcoin Forum
June 21, 2024, 03:00:29 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin Noob Question - Tx Fee & Stuck transaction  (Read 402 times)
ry15151515 (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
February 06, 2017, 08:23:47 PM
Last edit: February 06, 2017, 09:08:08 PM by ry15151515
 #1

New member and new to BTC!

I downloaded electrum wallet but didn't realize that the transaction fee was set to static. Transaction listed below...

https://blockchain.info/tx/7067a9f2481984e99e6ce91858e093d82b58d4f90202a3c5209e6b16a2a8f206

Will this eventually get included in a block or is it going to sit in bitcoin purgatory?

If so can a pool pick this up if I contact them manually?

Kind of worried!

EDIT:

Mods, Sorry for posting in the wrong spot!
MicroGuy
Legendary
*
Offline Offline

Activity: 2506
Merit: 1030


Twitter @realmicroguy


View Profile WWW
February 06, 2017, 08:40:25 PM
 #2

New member and new to BTC!

I downloaded electrum wallet but didn't realize that the transaction fee was set to static. Transaction listed below...

https://blockchain.info/tx/7067a9f2481984e99e6ce91858e093d82b58d4f90202a3c5209e6b16a2a8f206

Will this eventually get included in a block or is it going to sit in bitcoin purgatory?

If so can a pool pick this up if I contact them manually?

Kind of worried!

You might want to take the output private key and import it into a blockchain.info wallet. Then you can double spend with higher transaction fee.
DannyHamilton
Legendary
*
Offline Offline

Activity: 3430
Merit: 4669



View Profile
February 06, 2017, 08:42:50 PM
 #3

At 50 satoshi per byte, your fee is a bit low for the current network conditions.  It won't confirm quickly, but it certainly could confirm in the next day or so.
achow101
Moderator
Legendary
*
Offline Offline

Activity: 3430
Merit: 6720


Just writing some code


View Profile WWW
February 06, 2017, 10:00:09 PM
 #4

You paid a transaction fee rate of ~50 satoshis/byte. According to https://bitcoinfees.github.io/#30m the current recommended fee rate to confirm within the next block is 180 satoshis/byte.

You have a few options here. You can wait and hope it confirms, wait for the transaction to be "forgotten" by the network, attempt a double spending transaction that pays a higher fee, or ask a miner to confirm it for you.

For the third option, we need to know what wallet software you are using.

For the fourth option, you can contact the users Quickseller and macbook-air.

DannyHamilton
Legendary
*
Offline Offline

Activity: 3430
Merit: 4669



View Profile
February 06, 2017, 10:15:35 PM
 #5

Your transaction is now confirmed.

In the future, if you want faster confirmation, pay a higher transaction fee.

Since you are the creator of this thread, you can now lock this thread by clicking the "lock" link at the bottom of the thread. That way it won't fill up with spam.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!