Electrum Wallet "Low Fee"

[HCP]

Unfortunately, it also has a low fee of only ~92 sats/byte

You'll need to try and use the ViaBTC TX Accelerator or maybe try a "Child Pays For Parent" transaction to get it confirmed.

But at least the mystery is solved

[mrbittybunkr]

the fact that you see ~3BTC worth of inputs while you only withdrew 1.5 BTC is normal, it's basically how bitcoin works. The company paying you used a bunch of unspent outputs they controlled as input for a new transaction. This (new, unconfirmed) transaction has 2 outputs: one output to you, one output to either their change address, or to somebody else that needed to get payed.
[/quote]

Thanks mocacinno, that makes sense.

[loogie]

If you go ViaBTC TX Accelerator route, at the top of the hour, every hour, 100 free lots open up. My suggestion for you is this. Enter your TX ID and the captcha ahead of time. As soon as your phone or computer time hits the hour, press enter. It took me a few tries yesterday, but i got it at 5PM last night. My 36sat/B transaction last night was approved within 2 hours.

[mrbittybunkr]

Thanks guys. Do you know how much roughly I would need to pay for a "Child Pays For Parent" transaction? If it's £5 or £10 I might do that because I'm tired of all this messing around with Bitcoin unfortunately.

[HI-TEC99]

Thanks guys. Do you know how much roughly I would need to pay for a "Child Pays For Parent" transaction? If it's £5 or £10 I might do that because I'm tired of all this messing around with Bitcoin unfortunately.

There's no need to pay for a "Child Pays For Parent" now. I successfully submitted the transaction in the quote to the viabtc accelerator. It will confirm when viabtc mines its next block if no other pool confirms it before then.

HCP, I checked the ID and it is different?!

So strange, I even asked the company that I bought the Bitcoins from to tell me the ID which was the one I posted earlier. Anyway, I right clicked and "details" shows the ID as: 18da4880116c8f13a834f452a97f85d3fc5b4ab78ac22d7a917ad4d3ef9af970

Note: I see that the transaction on blockchain.info is for more than $7,000 but I only transferred 1.5 Bitcoins?

There's a list of viabtc's most recent blocks and the times they were mined at here. It gives an overview of how long you might have to wait.

https://blockchain.info/blocks/ViaBTC

edit

It's now been confirmed by ViaBTC, it has 9 confirmations

[mrbittybunkr]

Thank you HI-TEC99 for doing that for me, very kind. Thanks to everyone for your input on this thread. My wallet now shows the confirmed transaction with a green tick

I have another question, in my wallet I have to amounts;

+ 1515.439
+ 0.5

How many Bitcoins is that?

I assume 0.5 is half a coin. But what is 1515.439, is that 1.51 coins?
This would make sense because it's about what I expected (2 coins total) but I want to learn how the decimal placements work, it makes no sense to have 4 digits before the decimal in the first amount?

[HI-TEC99]

Thank you HI-TEC99 for doing that for me, very kind. Thanks to everyone for your input on this thread. My wallet now shows the confirmed transaction with a green tick

I have another question, in my wallet I have to amounts;

+ 1515.439
+ 0.5

How many Bitcoins is that?

I assume 0.5 is half a coin. But what is 1515.439, is that 1.51 coins?
This would make sense because it's about what I expected (2 coins total) but I want to learn how the decimal placements work, it makes no sense to have 4 digits before the decimal in the first amount?

It's because electrum displays balances in milli-Bitcoins by default. Use the instructions in the quote to both enable dynamic fees, and make electrum display balances in Bitcoins (BTC). If you enable dynamic fees electrum will automatically calculate the best fees to pay.

For future transactions try these instructions, they are for the latest version of electrum. Older versions have a different layout for the settings windows.

Click tools in your menu bar, then preferences in the drop down menu that appears.



Click the fees tab in the window that opens and copy the settings from this screenshot. Click the close button to close the preferences window



When you send coins move the fee slider shown in this screenshot all the way to the right for fast confirmations.

[mrbittybunkr]

Thanks HI-TEC99, I've done that and all is clear now. Thank you for your help. Wishing you a great day.

[nimbus22]

Could someone look at this transaction and tell me what is going on?  I sent it over a week ago (may 16th) and it has not been confirmed. I understand the fee might have been too low given all the recent btc transactions.  I would have thought it would drop out of the mempool and returned to my wallet.

Looking on blockchain a few days ago it was no longer found but still found on blocktrail.  Now it is back on blockchain, which seems to have been rebroadcast somewhere

Tx id: 9ce1baa28ae0911503b6b87a46ccc334c4d7868a0edfc4dc464bf3f0e331a5e3
wallet: electrum

1) Does electrum rebroadcast automatically?  If I keep electrum closed does that stop any rebroadcasts?

2) Does sending a new transaction with electrum rebroadcast all the unconfirmed transactions?  That would explain why this reappeared on blockchain.

3) I would rather not increase the fee since I emptied my wallet and would now need to load it again to try and increase the fee. 

4) viabtc seems to be swamped since I have had no success getting this site to accept the above transaction.  Getting try again later message

[Abdussamad]

Electrum doesn't broadcast transactions. It is electrum servers that do it. A solution has been presented to you in another thread. Do a CPFP tx and then get a refund from the person you sent the money to. Otherwise just wait it out.