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Author Topic: Transaction Unconfirmed for week +  (Read 46 times)
allrounder
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December 24, 2017, 02:53:21 PM
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Hi,

I have an unconfirmed transaction, stuck for unusually long time... I dont think fee is the problem. As im new to this i dont know what exactly is the issue or how to solve it. Could anyone help me out please!
https://blockchain.info/tx/b4f51c3a4cfa71d4c4364ab433a1952b8f41293d46bc12e3ed6e7569c31f8d01
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December 24, 2017, 03:13:41 PM
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You're wrong. Your fee is definitely the problem here. Click the link you shared, the tx shows a fee of just over 45 sats/byte, which is far too low to hope miners will pick it up for confirmation. Fees are usually the problem when unconfirmed transactions that stay unconfirmed for so long.

Hopefully, you already know how to use estimators like https://bitcoinfees.earn.com/ to set an appropriate fee for transactions. The good news... and I hope I am right, the congestion has been easing off in the past 4 days, mempool finally clearing off 100k txs and still going down. According to current estimates, should conditions continue in this pattern, you have a 90% chance of confirmation within the next 19 hours.

Please read also: https://bitcointalk.org/index.php?topic=1802212.0

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