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Author Topic: Transactions appear as "pending"  (Read 264 times)
bitcoinamateurrr
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November 12, 2017, 06:45:46 PM
 #1

Hi,

So, four days ago I made a transaction, but it still appear as "pending". I tried, and made, another one a couple of hours ago - same issue. Is there anything I can do to adress this issue? And why am I having this problem?


https://blockchain.info/sv/tx/d6e3e107fb3bee82801342cc31f9109c3e124f2b9ccd9af469c740569aa6d27e
https://blockchain.info/tx/bea357381441bef4c688f89d2d53b81efea584302752fe88d2dfbc20d4c8a751


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DannyHamilton
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November 12, 2017, 08:04:21 PM
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Hi,

So, four days ago I made a transaction, but it still appear as "pending".

https://blockchain.info/sv/tx/d6e3e107fb3bee82801342cc31f9109c3e124f2b9ccd9af469c740569aa6d27e

What wallet did you use to create that transaction?  Your wallet did not add a large enough transaction fee for fast confirmation.

That transaction pays a transaction fee of only 0.00000005 BTC per byte.  This site: https://bitcoinfees.earn.com/  recommends a fee of at least 0.00000950 BTC per byte for fast confirmation. As such, you will be waiting a VERY long time for that transaction to confirm (if it ever does).

I tried, and made, another one a couple of hours ago - same issue. Is there anything I can do to adress this issue? And why am I having this problem?
https://blockchain.info/tx/bea357381441bef4c688f89d2d53b81efea584302752fe88d2dfbc20d4c8a751

What wallet did you use to create that transaction?  It is slightly better, but the wallet still did not add a large enough transaction fee for fast confirmation.
That transaction pays a transaction fee of only 0.00000005 BTC per byte. 0.00000100 BTC per byte.

bitcoinamateurrr
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November 12, 2017, 08:29:08 PM
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Thanks for your reply! Blockchain's wallet.


Ok, well that is odd. I used the suggested transaction fee from Blockchain (never had this issue before though) for both of the transactions. But has noticed that something's up with their fees lately?
bitcoinamateurrr
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November 12, 2017, 08:38:34 PM
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Hi,

So, four days ago I made a transaction, but it still appear as "pending".

https://blockchain.info/sv/tx/d6e3e107fb3bee82801342cc31f9109c3e124f2b9ccd9af469c740569aa6d27e

What wallet did you use to create that transaction?  Your wallet did not add a large enough transaction fee for fast confirmation.

That transaction pays a transaction fee of only 0.00000005 BTC per byte.  This site: https://bitcoinfees.earn.com/  recommends a fee of at least 0.00000950 BTC per byte for fast confirmation. As such, you will be waiting a VERY long time for that transaction to confirm (if it ever does).

I tried, and made, another one a couple of hours ago - same issue. Is there anything I can do to adress this issue? And why am I having this problem?
https://blockchain.info/tx/bea357381441bef4c688f89d2d53b81efea584302752fe88d2dfbc20d4c8a751

What wallet did you use to create that transaction?  It is slightly better, but the wallet still did not add a large enough transaction fee for fast confirmation.
That transaction pays a transaction fee of only 0.00000005 BTC per byte. 0.00000100 BTC per byte.

Thanks for your reply! Blockchain's wallet.


Ok, well that is odd. I used the suggested transaction fee from Blockchain (never had this issue before though) for both of the transactions. But has noticed that something's up with their fees lately?

btw can I somehow cancel the transactions then? How long will I have to wait for the transactions to confirm? Is there any time-limits?
DannyHamilton
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November 12, 2017, 11:43:46 PM
 #5

Thanks for your reply! Blockchain's wallet.

Blockchain.info has a reputation for having issues.

btw can I somehow cancel the transactions then?

While it is not possible to literally cancel a bitcoin transaction, you could import the private keys into another wallet program and create a replacement transaction that spends the same inputs and pays a higher fee.  If/when the replacement transaction gets confirmed, the previous transactions will become invalid and will be dropped by all nodes on the network.

How long will I have to wait for the transactions to confirm?

That's impossible to predict.  You could get lucky and have your transactions confirmed in the next block, or you could end up waiting many days.

Is there any time-limits?

No.

bitcoinamateurrr
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November 13, 2017, 10:25:04 AM
 #6

Thanks for your reply! Blockchain's wallet.

Blockchain.info has a reputation for having issues.


I had no idea. Is there another wallet you could recommend?

btw can I somehow cancel the transactions then?

While it is not possible to literally cancel a bitcoin transaction, you could import the private keys into another wallet program and create a replacement transaction that spends the same inputs and pays a higher fee.  If/when the replacement transaction gets confirmed, the previous transactions will become invalid and will be dropped by all nodes on the network.


Is this hard to do? And how do I do this?

How long will I have to wait for the transactions to confirm?

That's impossible to predict.  You could get lucky and have your transactions confirmed in the next block, or you could end up waiting many days.

Is there any time-limits?

No.

DannyHamilton
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November 13, 2017, 04:19:57 PM
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Blockchain.info has a reputation for having issues.
I had no idea. Is there another wallet you could recommend?

I run a Bitcoin Core full node.  If you are looking for something more mobile and lightweight, I'd consider Electrum or Mycelium

While it is not possible to literally cancel a bitcoin transaction, you could import the private keys into another wallet program and create a replacement transaction that spends the same inputs and pays a higher fee.  If/when the replacement transaction gets confirmed, the previous transactions will become invalid and will be dropped by all nodes on the network.
Is this hard to do? And how do I do this?

If you still ahve your recovery phrase from blockchain.info, I think you might be able to import that into Electrum to give you access to your bitcoins from that wallet.  I'm not an Electrum expert, so you may want to ask in the Electrum sub-forum.


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