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Author Topic: confirmation at 5 days and counting (electrum)- wallet for best control of fees?  (Read 341 times)
bit32 (OP)
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December 11, 2017, 02:45:33 AM
 #1

I have the Electrum wallet. I have a two transactions marked as NOT VERIFIED after 5 days. this is ridiculous. The "slider" is no longer in the preferences. I am guessing upgrading the fees after the transaction will not affect the transfers in progress.... Urgh. Who distributes an installer without warning the users of this choice at INSTALL TIME

I like the wallet and I understand the network is congested, but my xfers to another broker are confirmed within a day.

With market volatility like this I need to trade these coins. I assume I cannot xfer them from my Electrum wallet until they have been confirmed?

What wallet has the best control of fess and makes it really obvious and user friendly to understand. Which wallet has the best reputation for fast confirmations due to their effective contril of fees?

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HCP
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December 11, 2017, 06:37:53 AM
Last edit: November 15, 2023, 08:24:38 AM by HCP
 #2

I have the Electrum wallet. I have a two transactions marked as NOT VERIFIED after 5 days. this is ridiculous. The "slider" is no longer in the preferences. I am guessing upgrading the fees after the transaction will not affect the transfers in progress.... Urgh. Who distributes an installer without warning the users of this choice at INSTALL TIME
What are you talking about? Huh Slider in preferences? Huh It isn't in preferences... it's right there on the "Send" tab:



If you set your transaction to RBF, you can always bump the fee after sending...

For the record, Electrum is one of the BEST wallets with regards to setting fees. You can just tick "Dynamic Fees" in the preferences, and adjust the slider for desired confirmation time... you can also select "edit fees manually" to give you that extra bit of fine control.

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bit32 (OP)
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December 11, 2017, 10:33:41 PM
 #3

This post is about RECEIVING BTC. No slider. No control... 6 days and counting

I love the wallet, but I cannot work with this.
Again, BTC sent from the SAME sender to another address confirmed in hours....
phips28
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December 12, 2017, 05:52:14 AM
 #4

Seems like the sender entered a very low fee?

🤖 Developer (Web, Bot, Server), looking for projects 🚀 Telegram: https://t.me/phips28
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December 12, 2017, 08:13:34 AM
 #5

This post is about RECEIVING BTC. No slider. No control... 6 days and counting

I love the wallet, but I cannot work with this.
Again, BTC sent from the SAME sender to another address confirmed in hours....
That's like saying your letterbox is faulty because someone sent you a parcel with insufficient postage and the Post Office delayed it.

You do realise that the RECEIVING wallet has absolutely NO control over the fees right? Roll Eyes If the transaction was sent with a low fee, blame the sender... they're the one who set the transaction up and set it with a low fee. As a receiver, the ONLY recourse you have is to attempt a "Child Pays For Parent".

This is NOT an issue with Electrum.

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December 12, 2017, 11:32:53 AM
 #6

This post is about RECEIVING BTC. No slider. No control... 6 days and counting

I love the wallet, but I cannot work with this.
Again, BTC sent from the SAME sender to another address confirmed in hours....
The fees have been killing people making small transactions. A transaction that has low fees doesn't get picked by the miners from mempool for confirmation and it remains there..
Most nodes will drop it from their mempools after 3 days. As its been 6 days already, i guess the transaction can be resent to you. Maybe someone else can confirm this please.
bit32 (OP)
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December 14, 2017, 11:00:10 PM
 #7

Quote
You do realise that the RECEIVING wallet has absolutely NO control over the fees right? Roll Eyes If the transaction was sent with a low fee, blame the sender... they're the one who set the transaction up and set it with a low fee. As a receiver, the ONLY recourse you have is to attempt a "Child Pays For Parent".

After de-snarking your reply...

Yes you are correct.. and yes I realize that.

The PROBLEM is that Electrum is STILL showing two xfers as not confirmed. now 8 days.

I assumed that I could not send these coin anywhere since they were not confirmed.
I also assumed that not confirmed meant that they were not really in my wallet and stuck in transit so to speak.
I decided to test these assumptions by sending a couple of coin to an exchange and... they were confirmed at the exchange where i promptly bought the latest zombie coin... that will be revived... we hope

So there seems to b a problem with Electrum after all. Perhaps the software is waiting for 8 confirmations to label the xfer as confirmed, but it is in fact mine after less than that. I guess I need to look at the code. Is it opensource on github?

So this wallet is now annoying me and I am looking for a wallet that supports Segwit to replace it once I have time to research that some more...

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December 15, 2017, 11:37:11 PM
 #8

Fairly sure it takes 6 confirmations for Electrum to mark a transaction with a green tick.

Once it gets 1 confirmation, the icon should change from a ? symbol to a small clock icon...

Honestly, (sadly?) an 8+ day wait is fairly typical at the moment for low fee transactions... The network has been swamped for more than a week... Consistently over 100,000+ unconfirmed transactions. Undecided

Not verified means that no confirmation has been found. Is the little dot in the bottom right corner red or green?

If it's red, then you have no connection to the network and would explain why Electrum hasn't updated.

If it's green then, in all likelihood, your transactions still aren't confirmed. This isn't an Electrum issue, it's a Bitcoin network issue and any wallet would show the same thing.

Were the coins from these 2 stuck transactions the only coins in your wallet? If so, then it's very strange that you were able to shift them out of Electrum. If they weren't, then your wallet probably just sent other "confirmed" coins.

However, without having access to the transaction IDs to see what's actually happening, it's all just guesswork from this side.

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December 15, 2017, 11:45:03 PM
 #9

If you post the transaction ids of those two stuck transactions I will push them for you if possible. Post here in thread please. If transactions were sent with fees lower than .0001 btc can not help sorry.

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December 17, 2017, 11:36:02 PM
 #10

Transactions finally confirmed today. Now shows the date the transactions were made.
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