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Author Topic: Super low transaction fee  (Read 297 times)
whereyamamiat (OP)
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August 06, 2017, 05:50:44 PM
 #1

So I use paxful to purchase and then sent to my other wallet..lately their fees have been pretty low but today takes the cake.
18n2fTXZP8VDhjP5cReMqJxDHDn1Te3K2x

So low I can't even accelerate it! Any other options other than waiting and praying it gets confirmed?
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August 06, 2017, 06:17:09 PM
 #2

First of all, next time post the transaction ID and not your address.

Here is the tx: f2db4d2bd8a8fbdb9454b41825e2c77f97583ce3596ae68f54d47f2d6945bb29

You will need to wait until the transaction gets confirmed. According to this site[1] I found a thread today, 5 sat/byte is a hour fee. But it's not accurate. I believe that you may wait 1 day to see if if gets confirmed.

[1] https://www.bitcoinfees.online/

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Qartersa
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August 06, 2017, 06:30:07 PM
 #3

First of all, next time post the transaction ID and not your address.

Here is the tx: f2db4d2bd8a8fbdb9454b41825e2c77f97583ce3596ae68f54d47f2d6945bb29

You will need to wait until the transaction gets confirmed. According to this site[1] I found a thread today, 5 sat/byte is a hour fee. But it's not accurate. I believe that you may wait 1 day to see if if gets confirmed.

[1] https://www.bitcoinfees.online/

https://bitcoinfees.21.co/

21.co's fee computer is much more accurate and in-depth if you want to estimate your fees.

If they placed a low fee, you should try to accelerate it using viabtc's accelerator (if they still have it after this bch fiasco). Or, if you know how to do parent-pays-for-child (or whatever that is called) then try that.
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August 06, 2017, 06:33:24 PM
 #4

Unless paxful has options to raise fees on your transactions then there is not much that can be done, especially since it's a service that doesn't provide users with private keys of addresses. It's all up to them.

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August 06, 2017, 06:55:32 PM
 #5

https://bitcoinfees.21.co/

21.co's fee computer is much more accurate and in-depth if you want to estimate your fees.

If they placed a low fee, you should try to accelerate it using viabtc's accelerator (if they still have it after this bch fiasco). Or, if you know how to do parent-pays-for-child (or whatever that is called) then try that.
No, it appears that they won't have it anymore, ViaBTC transaction accelerator seems to be gone for good. If I want to access it: https://www.viabtc.com/tools/txaccelerator/
then I am getting "404, Sorry, Page Not Found" Furthermore even if the service was still there, they have a limit of the initial fee which needed to be used in a transaction first.
Op's transaction appears to be under this limit - so no acceleration would be possible anyway.


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whereyamamiat (OP)
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August 06, 2017, 07:04:15 PM
 #6

https://pool.viabtc.com/tools/txaccelerator/ is their updated site. But yeah mine is too low nonetheless.
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August 06, 2017, 07:31:52 PM
 #7

https://pool.viabtc.com/tools/txaccelerator/ is their updated site. But yeah mine is too low nonetheless.

This will require a little more time.
Your transaction has 1 confirmation.

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August 06, 2017, 08:53:12 PM
 #8

21.co's fee computer is much more accurate and in-depth if you want to estimate your fees.
I wouldn't say that. IMO 120 satoshis/byte is WAY more expensive than it should be. I have been doing transactions with 60 satoshis/byte and none of my transactions took more than 1 hours to get confirmed.

If they placed a low fee, you should try to accelerate it using viabtc's accelerator
He can't. 7 satoshis/byte is too low for their accelerator to accept the transaction. I believe that the minimum is something like 10 satoshis/byte.



OP's transaction already got 1 confirmation. I believe that it took 1 or 2 hours.

Pretty good for a 7 sat/byte transaction right?

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