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Author Topic: Confirming a transaction with a very low fee  (Read 376 times)
ionicle (OP)
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August 09, 2017, 07:49:52 PM
 #1

A client of mine sent me BTC today with a very low fee - only 5 sat/byte ( apparently the default Blockchain.info fee at the moment of sending ).

I checked out bitcoinfees.21.co and the delay should have been not more than 300 minutes ( that was listed at the time ). However, it's been 11 hours so far, and not a single confirmation yet.

I tried accelerating the transaction on ViaBTC but when I enter the TX ID, I get an error saying "Transaction fee too low"...

Is anyone able to help?

The transaction ID is 2305d4415d0377a59697cd7bddb560a341c68a9705177056ae60bb3ddaa5e002
DannyHamilton
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August 09, 2017, 08:09:00 PM
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I have an unused paid accelleration with viabtc.  Paid accellerations are not limited to fees greater than 10 sat/byte.

I paid 0.0233 BTC for the acceleration.  If you reimburse me the cost of the accelleration, I'd be happy to use it on your behalf.

If the transaction doesn't confirm in either of the the next two ViaBTC blocks after I submit it, I'll refund you the 0.0233 BTC.
aleksej996
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August 09, 2017, 10:32:25 PM
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You can use "child pays for parent" mechanism. You can search this forum or anywhere else to find more about it. Here is one of the topics referring to it: https://bitcointalk.org/index.php?topic=1118563.0
tf2addict
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August 10, 2017, 02:27:44 AM
 #4

My last payment from Nice Hash is going on two days without a single confirmation.   This is BS.
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