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Author Topic: with a high fee, no confirmations in seven hours  (Read 275 times)
thr33pwood
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November 12, 2017, 06:59:02 AM
 #1

hey, I cant understand why my transaction is taking over seven hours.
my fee is high - 1,52mB
d0efdb1b709aa91d53c8bebf7750bdc7b501fb0fbe7a0a4afc7e0da140e77a7f
1HFrbYGYj8QEucEyvSbAgoMzDci4EyCtXb

Im using bitcoin wallet 5.38

thanx
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RGBKey
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November 12, 2017, 07:03:47 AM
 #2

Your fee is high, but the network is more congested than normal. You'll just have to be patient and wait it out, probably about another 24-48 hours.

thr33pwood
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November 12, 2017, 07:11:22 AM
 #3

thanks for sharing

high fees and a congested network seems to be a problem right now  Undecided
RGBKey
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November 12, 2017, 07:26:17 AM
 #4

thanks for sharing

high fees and a congested network seems to be a problem right now  Undecided

You can watch https://fork.lol to see when Bitcoin is more profitable to mine than BCH, which will let you know when the miners will move back over, and https://core.jochen-hoenicke.de/queue/#24h to see the current status of the mempool by fee size.

zvs
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November 12, 2017, 08:08:35 AM
 #5

thanks for sharing

high fees and a congested network seems to be a problem right now  Undecided

You can watch https://fork.lol to see when Bitcoin is more profitable to mine than BCH, which will let you know when the miners will move back over, and https://core.jochen-hoenicke.de/queue/#24h to see the current status of the mempool by fee size.

it is awful for both coins.  so in a bit, the difficulty of BCH will become so high, that no transactions will process for, what is it, 12 hours?    so essentially it is a mining pump and dump, which also harms BTC.

that is, unless they believe BCH is a betetr option, in which case they should stick with it after the difficulty adjustment.

alas, such forward thinking appears to not be their forté ... and this is why ASICs are and have always been bad for Bitcoin.  does lukejr still disagree with me?  i guess maybe he's changed his mind in the last four years

ed: btw, thanks for the great link.  i guess i *was* wrong earlier!   or, i dunno, it would have been close, given that BCH's price was was $1000 less, and bitcoins was $400 or so higher.  but they were probably in the same realm, at least.

ed2:  well, this BCH seems to have dropped about $500 between the time i loaded that link and finished typing this

erikalui
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November 12, 2017, 10:09:12 AM
 #6

Was wondering why my transaction is pending despite having a 174 sats/byte fee (takes less than an hour to confirm normally) and noticed there are 160k transactions unconfirmed. Seems my transaction too would take 2 days to confirm Sad

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