Bitcoin Forum
October 18, 2017, 08:06:25 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Req help with stuck BTC transaction - have tried everything I could, no change  (Read 242 times)
Un1fy
Newbie
*
Offline Offline

Activity: 3


View Profile
May 05, 2017, 12:01:19 AM
 #1

Hello, I am looking for some assistance, please.  First off:

Bitcoin Client Software and Version Number:  Electrum 2.8.2
Operating System:  Windows 10 64 bit
System Hardware Specs:  Intel Core i7 (Please advise if more info is needed here)
Description of Problem:  I used Glidera to deposit funds into my Electrum wallet, which I have done multiple times without any issues.  However, it has set for 2 days now, unconfirmed.  I have read and researched forums and tried the suggested methods:  first I tried using "Child Pays for Parent" at the maximum amount, but nothing changed.  Then I changed the settings of Replace Fee-by-Fee to "Always", based on what I understood as the suggested methods under the sticky.  After performing both of these actions, nothing changed.  I went to check on the blockchain, and it still shows unconfirmed at 25 blocks expected confirmation.  Somehow it's stuck.  My bank has already confirmed the transaction, so all should be good. I am sorta new at this, so I could have screwed all this up, but I can't understand why the BTCs are still unconfirmed.  I would really appreciate any advice or solutions you guys may be able to provide so I can get this transaction confirmed.  I'm at a total loss as how to fix this.  Thank you so much in advance for any advice. 
Any Related Addresses: (unknown what to put here?)
Any Related Transaction IDs:  01404f718bb9628ab3420efc5a047b4ebe09f99c56c92343c2cd21351ded3ee4
Screenshot of the problem:  I've got one, but I don't know how to add it. I'm totally open to suggestions.
Log Files from the Bitcoin Client:  Please let me know what further info I can provide to assist in rectifying this.  Thanks!
1508313985
Hero Member
*
Offline Offline

Posts: 1508313985

View Profile Personal Message (Offline)

Ignore
1508313985
Reply with quote  #2

1508313985
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508313985
Hero Member
*
Offline Offline

Posts: 1508313985

View Profile Personal Message (Offline)

Ignore
1508313985
Reply with quote  #2

1508313985
Report to moderator
1508313985
Hero Member
*
Offline Offline

Posts: 1508313985

View Profile Personal Message (Offline)

Ignore
1508313985
Reply with quote  #2

1508313985
Report to moderator
HCP
Sr. Member
****
Offline Offline

Activity: 392

<insert witty quote here>


View Profile
May 05, 2017, 02:55:48 AM
 #2

Firstly, it does not look like you attempted to use "Child Pays For Parent" properly... both of the outputs for your unconfirmed transaction are currently "unspent". CPFP works by spending an output from the unconfirmed transaction, using a big enough fee to cover the new transaction AND the unconfirmed transaction and make it attractive to miners to want to include both transactions in a block. (Presently, you'd need to be making a total fee of around 180 sats/byte according to https://bitcoinfees.21.co/)

Secondly, you can't use Replace-By-Fee at the receiving end.... RBF can only be used by the transaction sender... ie. the party that actually sent the transaction, which was Glidera, not you.

Glidera sent your deposit with a 100 sat/byte fee. The bitcoin network has been swamped for the last couple of days... literally ten's of thousands of unconfirmed transactions... granted, a lot of them are spam transactions with super low fees, but currently, btc.com is showing some 21Megs (or ~21 blocks) worth of transactions that are all HIGHER than 100 sats/byte. They are likely to get processed before your transaction.

I even tried to use the ViaBTC TX Accelerator, but it seems everyone else is using it as well... "Submissions are beyond Limit", as they only allow 100 submissions per hour.

Conclusion: You, like the 50,000 other people with unconfirmed transactions, are probably going to be waiting a while for your transaction to confirm. Sad

My suggestion is to just keep trying the ViaBTC TX Accelerator every hour until it gets accepted. Even after that, it will still need ViaBTC to mine a block, so is likely to take a few hours, but it is better than nothing.




Un1fy
Newbie
*
Offline Offline

Activity: 3


View Profile
May 05, 2017, 03:14:21 AM
 #3

hcp:

Thanks so much for your quick reply and helpful info!  I'm not really familiar with satoshi.  Is that another type of cryptocurrency?  From what I read on the website, I calculated that I need to use the child for parent rate (based on 180 sat/byte, with 418 bytes), which equates to 0.7524 mbtc.  Is that correct?  The thing is, I maxed out the amount on the slider when I first did the child for parent thing, and it was more than this, so could it actually be something else, or did I just do it wrong?   Thanks for the explanations.  In the meantime, I'll try to research more on understanding this, but thank you so much for your input! 
pooya87
Legendary
*
Offline Offline

Activity: 1064


Buy bitcoin they said... who listened?


View Profile
May 05, 2017, 04:40:52 AM
 #4

satoshi is the smallest unit of bitcoin and is equal to 1e-8 or 0.00000001BTC
the thing about Child Pays for Parent that you need to know is that it is not a guarantee that miners notice it, they have to have implemented this feature to recognize these transactions. otherwise they just see a transaction spending an unconfirmed output and ignore it.

also i don't see you doing a CPFP thing, the transaction you posted (01404f...) is not yet spent. and current fees are 220 s/b

Un1fy
Newbie
*
Offline Offline

Activity: 3


View Profile
May 05, 2017, 04:55:55 AM
 #5

pooya87:

Hi, thanks to you too for the info.  I'll research it more.  I'm not sure why the child for parent didn't go through - obviously user error.  Thanks for the insight, Ill just have to be patient.
Pages: [1]
  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!