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Author Topic: LocalBitcoin incoming transaction pending for more than 36 hours  (Read 1514 times)
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February 23, 2017, 12:37:02 PM
 #1

Been using LBC for about 6 months and everytime I funded my account there, it took no longer than 30 minutes. But this time two of my incoming transactions are pending for more than 36 hours now. At first it said confirmed in 3 hours, then later changed to 20 minutes, then 30 minutes then 20 minutes again and now its displaying 30 minutes.

Anyone got any idea what's going on and why it has taken almost two days and still not confirmed?
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February 23, 2017, 12:40:23 PM
 #2

Estimation usually isn't accurate at all. A miner can choose to not include your transactions. They can vary for several hours.

I would guess that it was due to your low fee. Could you share your TXID here?

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February 23, 2017, 12:50:44 PM
 #3

Estimation usually isn't accurate at all. A miner can choose to not include your transactions. They can vary for several hours.

I would guess that it was due to your low fee. Could you share your TXID here?

It's pretty obvious that the problem is with the bitcoin network a lot of pending transactions since the past days. So, LBC's incoming and outgoing transactions are also affected with it. Just wait for it and it will be confirmed later on. Can you post your transaction so that we can know if you paid the right miners fee?

Yeah, looks like its due to low fees. But I never manually choose fees. I let it be automatic. Have never set fees.

The first transaction is of 2 BTC and the fees is 0.0003393 BTC.
The second transaction is of 1.68 BTC and the fees is 0.0003393 BTC.

What can I do about it? It's been more than 36 hours.
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February 24, 2017, 05:07:49 AM
 #4

Been using LBC for about 6 months and everytime I funded my account there, it took no longer than 30 minutes. But this time two of my incoming transactions are pending for more than 36 hours now. At first it said confirmed in 3 hours, then later changed to 20 minutes, then 30 minutes then 20 minutes again and now its displaying 30 minutes.

Anyone got any idea what's going on and why it has taken almost two days and still not confirmed?

The mem pool is flooded by what apparently are spam transactions being performed by somebody who has either a political motive or a financial profit motive. Nobody knows who the spammer or spammers are but by looking around the forum some are pointing at the Bitcoin Unlimited people causing it.

This will go on and on for a while so better get used to it.


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February 24, 2017, 05:13:04 AM
 #5

Have you tried to use https://www.viabtc.com/tools/txaccelerator/ this can help you with your transaction. Can you also give us an update regarding your transaction if its fine now?
Yes try them i have also tried them yesterday and successfully got confirmation on one of my low fee transaction which have only around 50 satoshi per byte in fee.  Grin

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February 24, 2017, 05:40:24 AM
 #6

I read somewhere that the Mempool are flooded and almost $30 000 worth of fees has accumulated for the miners to clean up. As long as Blockstream is deliberately dragging their feet, we <users> will suffer the most. The miners are getting the reward for not doing anything. < Not choosing BU or SegWit >

This has created a gridlock that benefits the miners the most.

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February 24, 2017, 06:15:15 AM
 #7

Have you tried to use https://www.viabtc.com/tools/txaccelerator/ this can help you with your transaction. Can you also give us an update regarding your transaction if its fine now?
Yes try them i have also tried them yesterday and successfully got confirmation on one of my low fee transaction which have only around 50 satoshi per byte in fee.  Grin

How to use this tool?I've put my transaction id but I'm always got this message"transaction does not exist" what is the right format and procedure,it's been 36 hours but until it hasn't confirm.

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February 24, 2017, 09:23:15 AM
 #8

It is disturbing the amount of transactions yet to be confirmed and the times it take for those confirmations. That's tge recent drawback of Bitcoin that needs addressing because like you said local Bitcoin took 30 minutes to confirm transactions but it's now taking way too long a time for similar transactions. This isn't a healthy development and we advocate for a change.

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February 24, 2017, 10:32:35 AM
 #9

Have you tried to use https://www.viabtc.com/tools/txaccelerator/ this can help you with your transaction. Can you also give us an update regarding your transaction if its fine now?
Yes try them i have also tried them yesterday and successfully got confirmation on one of my low fee transaction which have only around 50 satoshi per byte in fee.  Grin

wow , these delayed confirmations are getting out of hand and we need to implement the segwit quickly. How can a single transaction takes more than 36 hours to confirm? Frustrating moments!!



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February 24, 2017, 10:54:18 AM
 #10

Been using LBC for about 6 months and everytime I funded my account there, it took no longer than 30 minutes. But this time two of my incoming transactions are pending for more than 36 hours now. At first it said confirmed in 3 hours, then later changed to 20 minutes, then 30 minutes then 20 minutes again and now its displaying 30 minutes.

Anyone got any idea what's going on and why it has taken almost two days and still not confirmed?

Did you get it confirmed yet?

There is a large amount of transactions that are currently stuck in within Bitcoins Blockchain so that is why you have to wait a while.


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February 24, 2017, 11:00:45 AM
 #11

transaction fees and transaction confirmation time is really a headache for bitcoin user now a days . if this cont then bitcoin might  loss its popularity because even by spending huge transaction fee we have to wait in a large que for transctions confirmation.
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February 24, 2017, 11:05:14 AM
 #12

transaction fees and transaction confirmation time is really a headache for bitcoin user now a days . if this cont then bitcoin might  loss its popularity because even by spending huge transaction fee we have to wait in a large que for transctions confirmation.

I don't think that Bitcoin will lose its popularity because of slow transaction confirmations. If the price is over $1,000 per coin then Bitcoin has a chance to survive without it being used like how people plan the coin to do.


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February 24, 2017, 12:13:48 PM
 #13

transaction fees and transaction confirmation time is really a headache for bitcoin user now a days . if this cont then bitcoin might  loss its popularity because even by spending huge transaction fee we have to wait in a large que for transctions confirmation.

I don't think that Bitcoin will lose its popularity because of slow transaction confirmations. If the price is over $1,000 per coin then Bitcoin has a chance to survive without it being used like how people plan the coin to do.

Well there is a good chunk of the community that uses bitcoin for micro-transactions since mining fees were low and transactions were fast, not the case nowadays
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February 24, 2017, 01:45:44 PM
 #14

transaction fees and transaction confirmation time is really a headache for bitcoin user now a days . if this cont then bitcoin might  loss its popularity because even by spending huge transaction fee we have to wait in a large que for transctions confirmation.

I don't think that Bitcoin will lose its popularity because of slow transaction confirmations. If the price is over $1,000 per coin then Bitcoin has a chance to survive without it being used like how people plan the coin to do.

Well there is a good chunk of the community that uses bitcoin for micro-transactions since mining fees were low and transactions were fast, not the case nowadays
Do keep in mind that the people who are using Bitcoin for micro transactions are generally not the people who are pushing the price up.
Not making any kind of statement here, I'd like the transaction fees lower...

Just saying that it doesn't seem to deter people from buying into Bitcoin.


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Lucius
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February 24, 2017, 04:01:07 PM
 #15

Estimation usually isn't accurate at all. A miner can choose to not include your transactions. They can vary for several hours.

I would guess that it was due to your low fee. Could you share your TXID here?

It's pretty obvious that the problem is with the bitcoin network a lot of pending transactions since the past days. So, LBC's incoming and outgoing transactions are also affected with it. Just wait for it and it will be confirmed later on. Can you post your transaction so that we can know if you paid the right miners fee?

Yeah, looks like its due to low fees. But I never manually choose fees. I let it be automatic. Have never set fees.

The first transaction is of 2 BTC and the fees is 0.0003393 BTC.
The second transaction is of 1.68 BTC and the fees is 0.0003393 BTC.

What can I do about it? It's been more than 36 hours.

You send 2 BTC and fee is only 0.00033930 BTC,it is in any case not enough that your transaction be confirmed within a reasonable time taking into consideration currently transactions situation.You can try with ViaBTC if your transaction is not confirmed.

Have you tried to use https://www.viabtc.com/tools/txaccelerator/ this can help you with your transaction. Can you also give us an update regarding your transaction if its fine now?
Yes try them i have also tried them yesterday and successfully got confirmation on one of my low fee transaction which have only around 50 satoshi per byte in fee.  Grin

How to use this tool?I've put my transaction id but I'm always got this message"transaction does not exist" what is the right format and procedure,it's been 36 hours but until it hasn't confirm.

It's pretty simple,just copy paste your txid in this format : 0f8105806xxx93f0826d911f94f4d4ed3893e784b0c4e318ddb663bfa2b44f22, and solve captcha then click submit.I use it many times without any problems.

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February 24, 2017, 04:15:47 PM
 #16

I feel segwit is the only solution for most of our problems. The waiting has been reached to the maximum in Bitcoin now.  Sad
Paying more fees is just a short term solution.. Sad


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nillohit
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February 24, 2017, 08:41:25 PM
 #17

mine one tx was also confirmed after 1.5 days. Pay higher fees will decrease the confirmation times now.

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February 24, 2017, 08:43:00 PM
 #18

mine one tx was also confirmed after 1.5 days. Pay higher fees will decrease the confirmation times now.

well,is seems that the blockchain is overcrowded with transactions , maybe because of the price growth in last days.

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February 24, 2017, 08:52:14 PM
 #19

It could be normal. When I deposited some BTC into an exchange, I had to wait a whole night before arrival. Of course, 36 hours are MORE than a night (or two) so I understand if you are a bit worried. You could share the technical details and ask additional help HERE. In blind I can say technically, it is possible that your transaction is alright just this slow.


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kidoseagle0312
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February 25, 2017, 07:19:57 PM
 #20

Been using LBC for about 6 months and everytime I funded my account there, it took no longer than 30 minutes. But this time two of my incoming transactions are pending for more than 36 hours now. At first it said confirmed in 3 hours, then later changed to 20 minutes, then 30 minutes then 20 minutes again and now its displaying 30 minutes.

Anyone got any idea what's going on and why it has taken almost two days and still not confirmed?

This is not new to me, your  problem was also a problem by many of the community here,.. Usually the main reason why many of the transaction in the blockchain was the charge of the fee is very low, what wallet do you usually use every time you do transaction? if you are using Electrum you must always put the adjustment fees to maximum if you like fast transaction to be confirm.

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