hey, im in the same boat. the sportsbook i sent the bitcoin to, canceled the transaction on their end. it was unconfirmed for over 48 hours so their system canceled it according to customer service
its been unconfirmed for 5 days now
i tried to repair the wallet but that didnt seem to make any difference, still says sending in the payment section
the fee i used was in the middle of the slider, .49
so if the transaction was canceled and will never be confirmed, how/when do the bitcoins get returned to me.
im very disheartened by all this as i did everything i was supposed to do and now i feel i might lose my bitcoins
thanks for your help
michael
You will not "lose" your bitcoins. If the transaction is dropped by the network... you will be able to resend them from your wallet. You haven't provided any transaction ID so we can't tell the reasons for why your transaction is unconfirmed. Most likely, it will be a low fee.
Not a scam... it is just the way the network works... different nodes will drop transactions at different times... If it is still showing on some explorers, it hasn't been totally discarded by the network as yet. It is still showing on the blockchain.info explorer (not surprising given you use the blockchain.info wallet) and it seems to have been rebroadcast again recently.
Your fee was way too low. To be expected with blockchain.info wallet. It is broken. Their so called 'dynamic fee' system is rubbish and they pretty much just send all transactions with a 120 sat/byte fee. You need to click the "Advanced Send" link on the "Send" dialog to set proper fees. The current recommended fees are much higher (and have been for a number of days now):
The fastest and cheapest transaction fee is currently 270 satoshis/byte
Goto this link:
http://www.mocacinno.com/feecheck.php?txid=5fe12626402aa76d3941c8dec324569ed418d15b8403d14f029428bd8736b8b0It has a number of options available to you for getting your transaction confirmed (both free and paid options)