Bitcoin Forum
October 23, 2017, 07:15:33 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: What happens to unapproved transactions?  (Read 902 times)
the.jack20
Full Member
***
Offline Offline

Activity: 128


View Profile
February 27, 2017, 10:27:47 AM
 #1

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?
1508786133
Hero Member
*
Offline Offline

Posts: 1508786133

View Profile Personal Message (Offline)

Ignore
1508786133
Reply with quote  #2

1508786133
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508786133
Hero Member
*
Offline Offline

Posts: 1508786133

View Profile Personal Message (Offline)

Ignore
1508786133
Reply with quote  #2

1508786133
Report to moderator
1508786133
Hero Member
*
Offline Offline

Posts: 1508786133

View Profile Personal Message (Offline)

Ignore
1508786133
Reply with quote  #2

1508786133
Report to moderator
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
February 27, 2017, 10:32:15 AM
 #2

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?

Transaction gets dropped and coins return to original sending address.

The timing depends, transaction may be rebroadcast.

googlebtc
Sr. Member
****
Offline Offline

Activity: 378



View Profile
February 27, 2017, 10:34:21 AM
 #3

I've received 2 BTC last year when it was someone who would send BTC to I did not use Fee, I just wait two days to get a transaction confirmation

darklus123
Sr. Member
****
Offline Offline

Activity: 462


View Profile
February 27, 2017, 10:37:41 AM
 #4

I've received 2 BTC last year when it was someone who would send BTC to I did not use Fee, I just wait two days to get a transaction confirmation


That's the thing here. If you are not in a hurry then i guess the is completely acceptable. However there were really transactions that needs to be done efficiently because of it's confidentiality.

        Transactions of course would remain unconfirmed for a while but the guy above stated that it would go back to the owner if ever.



     ▄█████████████████████████████████▄
  ▄███████████████████████████████████████▄
 ▄██████████████████████████████████████████
▄█████████████████████▀  ███████████████████▄
█████████████████████▀   ████████████████████
████████████████████     ████████████████████
██████████████████▀      ████████████████████
█████████████████▀       ████████████████████
████████████████                █████████████
██████████████▀                ██████████████
█████████████▀               ▄███████████████
████████████████████        ▄████████████████
████████████████████       ▄█████████████████
████████████████████      ███████████████████
████████████████████    ▄████████████████████
████████████████████   ▄█████████████████████
████████████████████  ███████████████████████
 ███████████████████████████████████████████
  █████████████████████████████████████████
    ▀███████████████████████████████████▀
         ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Zap Store






1
Decentralized Marketplace for Oracles







batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 588

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 27, 2017, 10:42:38 AM
 #5

It will be returned as usual when a transaction doesn't get confirmation for a longer time. And if you are worrying about it, you don't have to worry about it. But still there are miners that are confirming transactions even there are no fees included. I haven't read and experience other results when your transaction isn't approved at all.

the.jack20
Full Member
***
Offline Offline

Activity: 128


View Profile
February 27, 2017, 12:10:29 PM
 #6

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?

Transaction gets dropped and coins return to original sending address.

The timing depends, transaction may be rebroadcast.

Does this have a certain time?

For example, 0 fee was entered. The transaction was not approved by the miner. How long after the refund is made.
For example, 10 satoshi fee values were entered. Since the transaction fee is very low, is this also sent back? Or will they wait until the transaction is approved?

So, when 0 or a very low fee is entered, what is the maximum approval period of the transaction? How long after the refund is made.
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
February 27, 2017, 01:46:58 PM
 #7

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?

Transaction gets dropped and coins return to original sending address.

The timing depends, transaction may be rebroadcast.

Does this have a certain time?

For example, 0 fee was entered. The transaction was not approved by the miner. How long after the refund is made.
For example, 10 satoshi fee values were entered. Since the transaction fee is very low, is this also sent back? Or will they wait until the transaction is approved?

So, when 0 or a very low fee is entered, what is the maximum approval period of the transaction? How long after the refund is made.

The default setting, I believe, is 72 hours, but it can be changed and node operators set the expiration time they think it's best.

Everything goes to the original address, it's like it never happened.

Wowcoin
Hero Member
*****
Offline Offline

Activity: 560


CarTaxi: The 1st car towing platform on blockchain


View Profile
February 27, 2017, 02:01:39 PM
 #8

I've received 2 BTC last year when it was someone who would send BTC to I did not use Fee, I just wait two days to get a transaction confirmation

But me i experienced that too in almost 2 days but the bitcoin is gone and also gone in the blockchian.info thats why am afraid now to send the bitcoin without fee because there's a possibility that your bitcoin gone.

  ██  ██  ██ 
██  ██  ██  ██
  ██  ██  ██ 
██  ██  ██  ██
  ██  ██  ██ 









        ███████████
      █████████████████
    ███████████████████████
  ███████████████████████████        ██████
  ████████████████████████████
   ████████████████████        ████████████
      ▀█▀              ▀█▀        ██ ████████████████
    ████████████████████████████████
██████████████████
   ██                                ███████████████████
  ██  ██████████████████████████████████████████████████
     ███████████████████████████████████████████████████
      ███████████████████████████████████████████████████
      ███████████████████████████████████████████████████
       ██████████████████████████████████████████████████
       █████████████████████████████████████████████████
             ██████                          ██████
              ▀██▀                            ▀██▀
  ██  ██  ██ 
██  ██  ██  ██
  ██  ██  ██ 
██  ██  ██  ██
  ██  ██  ██ 

.

ralle14
Hero Member
*****
Offline Offline

Activity: 784



View Profile
February 27, 2017, 02:23:25 PM
 #9

Does this have a certain time?
From my experience it was about a day before my tx got rejected


For example, 10 satoshi fee values were entered. Since the transaction fee is very low, is this also sent back? Or will they wait until the transaction is approved?
It has a chance to be rejected since the fees are too low but you can rebroadcast it again.

So, when 0 or a very low fee is entered, what is the maximum approval period of the transaction? How long after the refund is made.
When your tx gets rejected you'll receive every amount that you used from the address giving you a chance to send your next transaction with a higher fee.

FORTUNEJACK.COM[
                             
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
           
]
Bibite
Full Member
***
Offline Offline

Activity: 192


View Profile
February 27, 2017, 02:24:40 PM
 #10

It will be returned as usual when a transaction doesn't get confirmation for a longer time. And if you are worrying about it, you don't have to worry about it. But still there are miners that are confirming transactions even there are no fees included. I haven't read and experience other results when your transaction isn't approved at all.

@batang_bitcoin
I knew that unapproved transactions are returned but I wonder. Are they returned with 100% of the value or fees is deduced from this operation ? Sorry if the question look stupid. But someone needs to be rewarded for return it
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
February 27, 2017, 02:27:52 PM
 #11

It will be returned as usual when a transaction doesn't get confirmation for a longer time. And if you are worrying about it, you don't have to worry about it. But still there are miners that are confirming transactions even there are no fees included. I haven't read and experience other results when your transaction isn't approved at all.

@batang_bitcoin
I knew that unapproved transactions are returned but I wonder. Are they returned with 100% of the value or fees is deduced from this operation ? Sorry if the question look stupid. But someone needs to be rewarded for return it

Everything goes to the original address, the transaction never happened, no one has to be rewarded.

soul-impact
Hero Member
*****
Offline Offline

Activity: 644


A Decentralized Social Marketplace


View Profile
February 27, 2017, 02:46:44 PM
 #12

if the transactions can not be confirmed due to several reasons, such as low fee, they will return to the sender wallet after 3 or 4 days, Therefore, you will have to wait for a long time if you make this mistake. Never try to send with the small fee because miners will ignore it. No one want to confirm a transaction without receiving money


        ▄██▄▄▄▄▄▄██
      ▄███████████▄
     ██████▀▀████████▄
    ███████▄▄ ▀▀
    ▀██████████████▄▄▄
     ▀█████████████████▄
        ▀▀██▀████████████
          ██ ██ ▐█████████
  ▄▄███▄▄ ██ ██ ▐█████████
 ███████████▄█████████████
▐████████████████████████▀
▐███████████████████████▀
 ▀███████████████████▀▀
   ▀▀████████████
       ▀▀███████
           ▀▀██

.
Soma
║║
║║
║║
.
║║
║║
║║
║║
║║
║║
║║
║║
║║



             ▄██▄
     ▄      ▐████   ▄▄
   █████     ██████████
    █████████████████▀
 ▄████████████▀████▌
██████████     ▀████     
 ▀▀   █████     ██████████
      ▀████▌▄████████████▀
    ▄▄▄███████████████▌
   ██████████▀    ▐████
    ▀▀▀  ███
█▌     ▀▀▀
         ▀███▀



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
shinratensei_
Hero Member
*****
Offline Offline

Activity: 742



View Profile
February 27, 2017, 02:58:50 PM
 #13

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?
The network will be forgetting your transaction and it seems like you're never trying to make a transaction. This is a simple explanation.
But there is no specific answer about how long the transaction without fees will get a confirmation. Because of it less on the priority.

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
bitgoldpanther1978
Full Member
***
Offline Offline

Activity: 137



View Profile
February 27, 2017, 03:06:07 PM
 #14

Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?

To the best of my knowledge, if you did any transaction all off it will be recorded in the blockchain and most commonly happen to those who gave low fee's if within 48hrs hours your transaction is  still unconfirmed it will resume where it came from to the original place.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ●    UTRUST // The FUTURE of Online Payments    ●  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬        whitepaper     facebook     twitter     slack         ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PRE-ICO | 28th August 2017
xSkylarx
Sr. Member
****
Offline Offline

Activity: 462


📌 peerguess.com 📌


View Profile
February 27, 2017, 04:29:18 PM
 #15


Transaction gets dropped and coins return to original sending address.

The timing depends, transaction may be rebroadcast.

The amount that you are going to send to someone will be automatically return to your wallet, if, that transaction will be denied because you didn't pay the right amount of fee and not to the original sending address . But, you don't even have a choice but to pay the fee because it is necessary for you to transfer bitcoin into someone's bitcoin address in every transactions that you are going to have.

peerguess.     the application for the entire community!
  ANN Thread Website Whitepaper Bounties Twitter
.    Our ICO
   starting soon
Yakamoto
Legendary
*
Offline Offline

Activity: 910


View Profile
February 27, 2017, 04:37:32 PM
 #16

If I remember how the system works correctly, any transaction that isn't confirmed just gets "reset" and it will either be sent again at a later date to try and confirm it again, or it just gets refunded to the wallet.

While I'm not sure if the client dictates whether or not the transaction is refunded or rebroadcast, I've never had to deal with that issue.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
webtricks
Sr. Member
****
Offline Offline

Activity: 336


Bitcoin Bullet | 30K Followers | Advertise | PM ME


View Profile WWW
February 27, 2017, 05:10:22 PM
 #17

Well, maybe possible you could find a generous miner who could push your transaction. Otherwise, don't fear there is no state of limbo in transactions Cheesy Most of the time they get confirmed else returned.


         ▄▄███▄▄
     ▄▄███████████▄▄
 ▄▄███████████████████▄▄
██████████████████████████
  ▀▀██████████████████▀▀ ▄▄
      ▀▀██████████▀▀ ▄▄████
          ▀▀█▀▀ ▄▄█████████
             ▄█████████████
             ██████████████
             ██████████████
             ██████████████
             ██████████████
             █████████████▀
             █████████▀▀
             █████▀▀
             ▀▀▀
.
Brickblock.io
║║
║║
║║
║║
║║
.
║║
║║
║║
║║
║║





                  ▄▄██▄
              ▄▄█▀▀  ██
          ▄▄█▀▀      █▌
      ▄▄█▀▀   ▄▀    ██
 ▄▄▄█▀▀    ▄█▀     ▐█
██      ▄██▀       █▌
 ▀▀██▄███▀        ██
     ██▀▀█▄▄▄     █▌
      █▄  ██▀▀▀█▄██
       █▄█▀




       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████




                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



▄▄▄                  ▄▄▄
█████▄             ▄██████▄
█████████▄        ████████████▄
██████████▌▄     ██████████████
██████████▌▐█  ▄█████████████▀▄█
██████████▌▐██▄▀████████████ ███
██████████▌▐████▀██████████ ████
██████████▌▐█████ ███████▀▄█████
██████████▌ ▀█████▄▀████ ███████
██████████▌   ▀▀████ ██▄████████
▀█████████▌      ▀▀▀▀ ▄█████████
   ▀▀█████▌             ▀▀██████
        ▀█▌                  ▀▀█
║║
║║
║║
║║
║║
.
nikona
Hero Member
*****
Offline Offline

Activity: 574


View Profile
February 27, 2017, 05:16:08 PM
 #18

If the fees is low, there's a chance that a miner might put it in his block and confirm the transaction. If its extremely low or has no fees then there's a good chance that the transaction stays unconfirmed for a period of time and then it is sent back to the address which was initially used to send the BTC. I am not sure about time that it would take for the money to be sent back.
AngelSky
Hero Member
*****
Offline Offline

Activity: 560



View Profile
February 27, 2017, 05:38:06 PM
 #19

If the fees is low, there's a chance that a miner might put it in his block and confirm the transaction. If its extremely low or has no fees then there's a good chance that the transaction stays unconfirmed for a period of time and then it is sent back to the address which was initially used to send the BTC. I am not sure about time that it would take for the money to be sent back.

Blockchain will accept only the amount you specify as fee for the transactions. So it will get transfer with 2 hours you made low fees in blockchain. After the second confirmations. your fund will be inside wallet you transferred to!

        ▄██████████████    █████████████▄
    ▄██▀                                                       ▀██▄
   ██▀                                                              ▀██
 ██                                                                     ██
██                                                                       ██
██                                                                       ██
██                                                                       ██
██                                                                       ██
 ██▄                                                                   ██
  ▀██▄                                                            ▄██▀
     ▀██▄▄                                                    ▄██▀
          ▀█████████████   █████████████▀▀
                                         ██
Cash Poker Pro
   ♠    ♦    ♣    ♥ 
              ▒▓██ ░░░ ▓█▓▒             
           ▓██████     ██████▓         
        ░▓███▓▓███ ░░░ ▓███▓████▒       
       ▓████▓▓████████████▓██████▓     
      ░░░▓▓█████▓▓█▒▒▒██▓█████▓▒░░░     
          ░███▓▒▒▓██████▒░▒███▒         
    ▓▒   ░██▓▓█████████████▓▒██▒   ░▓   
    ███▓▒██▓░▓████      ▓███░▒██▒▒███▒ 
   ▓███████▓██████  ██▓▓█████▓████████ 
   ███▓███▓▒██████      █████▒▓██▓▓▓██ 
   ▓██▓███▓░██████████  █████▒▓██▓▓▓██ 
   ▓███████▓▓█████      █████▓███████▓ 
    ███▒▒██▓░▓██████████████░▓██▒▒███░ 
    ▒▒   ░██▓▓█████████████▓▓██▒   ░▒   
      ░   ░███▓░▒▓█▓▓▓██▒░▓███▒   ░     
       ░▒▓██████▓██▒▒▒██▓██████▓▒░     
       ▒████▓▓▓███████████▓▓▓████▓     
         ▓██▓▓▓███  ░░ ▓██▓▓███▓░       
           ▒██████     ██████▓         
              ░▒▓█ ░░░ ▓█▓░             
Anonymity Fair Play Cryptocurrency New Platforms
А platform that will change the world of poker!
               ▄▀▀▀▀▀▄▄▄▄
           ▄▄▄▄█  ▄█     ▀▀▀▀▄▄▄▄
▄▄▀▀▀▀▀▀▀▀▀   █  ▀ █            ▀▀▀▀▄
█  █▄        ▄▀                    ▄▀
▀▄ █ ▀       █         ▄           █
 █          █        ▄██▄         ▄▀
 █         ▄▀     ▄██████▄       ▄▀
 ▀▄        █    ▄█████████▄      █
  █       █      ██████████▄    ▄▀
  █      ▄▀        ▀████████   ▄▀
  ▀▄     █        ▄████▀▀▀▀    █
   █    █          ▀▀▀█       ▄▀
   █   ▄▀                    ▄▀
   ▀▄  █                     █
    █  ▀▄▄              █ ▄ ▄▀
    █     ▀▀▀▀▄▄▄       █▀ ▄▀
    ▀▄▄▄▄▄▄▄▄▀▀▀▀▀▀▀▀▀▀▄▄▄▄█
  ♠    ♦    ♣      JOIN US!
ICO Starts: Oct 26th 2017 
Dr.Osh
Hero Member
*****
Offline Offline

Activity: 756



View Profile
February 27, 2017, 06:07:55 PM
 #20

Well, in my opinion, even if you do not use the fee to send, your transaction will remain unconfirmed. however, it may be very long. I've tried to send all bitcoin I have. and it was confirmed in just a few hours.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!