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figmentofmyass
Legendary
 Offline
Activity: 1652
Merit: 1483
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December 26, 2017, 11:18:47 PM |
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the reason it's taking so long is that it's a large transaction that used 8 inputs and paid only 103 satoshis/byte. due to high demand, urgent transactions carry a fee of nearly 800 satoshis/byte. that's 8x what you paid. this is a "fee market" where other people are pricing you out. congestion seems to be improving a bit. your fee rate is expected to receive confirmation within 62 blocks or 720 minutes, according to earn.com. but keep in mind that a rush of new transactions could increase the backlog again and leave you waiting for days again. in the meantime, you can try submitting the transaction here: https://pool.viabtc.com/tools/txaccelerator/ |
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BitcoinChanger (OP)
Newbie
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Activity: 10
Merit: 0
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December 26, 2017, 11:24:49 PM |
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the reason it's taking so long is that it's a large transaction that used 8 inputs and paid only 103 satoshis/byte. due to high demand, urgent transactions carry a fee of nearly 800 satoshis/byte. that's 8x what you paid. this is a "fee market" where other people are pricing you out. congestion seems to be improving a bit. your fee rate is expected to receive confirmation within 62 blocks or 720 minutes, according to earn.com. but keep in mind that a rush of new transactions could increase the backlog again and leave you waiting for days again. in the meantime, you can try submitting the transaction here: https://pool.viabtc.com/tools/txaccelerator/So I should have done $160 fee? Thats mental lol Hopely it does confirm in 720 mins since the link you provided didn't let me speed it up. |
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figmentofmyass
Legendary
Offline
Activity: 1652
Merit: 1483
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December 26, 2017, 11:42:11 PM |
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the reason it's taking so long is that it's a large transaction that used 8 inputs and paid only 103 satoshis/byte. due to high demand, urgent transactions carry a fee of nearly 800 satoshis/byte. that's 8x what you paid. this is a "fee market" where other people are pricing you out. congestion seems to be improving a bit. your fee rate is expected to receive confirmation within 62 blocks or 720 minutes, according to earn.com. but keep in mind that a rush of new transactions could increase the backlog again and leave you waiting for days again. in the meantime, you can try submitting the transaction here: https://pool.viabtc.com/tools/txaccelerator/So I should have done $160 fee? Thats mental lol Hopely it does confirm in 720 mins since the link you provided didn't let me speed it up. yeah, people don't take into account the question of "urgency" with bitcoin transactions. a lot of people today are even paying over 950 satoshis/byte. the good news for you is that congestion is coming down right now. 20 minutes ago, the estimate for confirmation was 720 minutes. now it's 660 minutes. the fee required to get in the next block has dropped about 100 satoshis/byte. hopefully this trend continues and congestion begins to calm down. you can see the current state of things here: https://bitcoinfees.earn.com/your transaction is in the 101-110 band. regarding the transaction accelerator above, you need to submit the transaction near the top of the hour, +/- 10 minutes or so. they only allow 100 spots i believe, so you need to be quick. if your transaction gets accepted, you'll get in the next block mined by VIAbtc. |
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BitcoinChanger (OP)
Newbie
Offline
Activity: 10
Merit: 0
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December 27, 2017, 12:33:40 AM |
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the reason it's taking so long is that it's a large transaction that used 8 inputs and paid only 103 satoshis/byte. due to high demand, urgent transactions carry a fee of nearly 800 satoshis/byte. that's 8x what you paid. this is a "fee market" where other people are pricing you out. congestion seems to be improving a bit. your fee rate is expected to receive confirmation within 62 blocks or 720 minutes, according to earn.com. but keep in mind that a rush of new transactions could increase the backlog again and leave you waiting for days again. in the meantime, you can try submitting the transaction here: https://pool.viabtc.com/tools/txaccelerator/So I should have done $160 fee? Thats mental lol Hopely it does confirm in 720 mins since the link you provided didn't let me speed it up. yeah, people don't take into account the question of "urgency" with bitcoin transactions. a lot of people today are even paying over 950 satoshis/byte. the good news for you is that congestion is coming down right now. 20 minutes ago, the estimate for confirmation was 720 minutes. now it's 660 minutes. the fee required to get in the next block has dropped about 100 satoshis/byte. hopefully this trend continues and congestion begins to calm down. you can see the current state of things here: https://bitcoinfees.earn.com/your transaction is in the 101-110 band. regarding the transaction accelerator above, you need to submit the transaction near the top of the hour, +/- 10 minutes or so. they only allow 100 spots i believe, so you need to be quick. if your transaction gets accepted, you'll get in the next block mined by VIAbtc. So it says 540 mins now or am I reading it wrong? |
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sunsilk
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December 27, 2017, 05:58:10 AM |
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Paying with a lower fee and the gets stuck with your TX. Everyone of us has been dealing with this lately.
If you are lucky enough to accelerate your TX through viabtc's accelerator.
You only need to wait for xx:00:00 before submitting your TXID for free.
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Macadonian
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December 27, 2017, 07:31:09 PM |
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There's also a few paid services out there which will accelerate your transaction if viabtc doesn't work. Viabtc has a limit of 100 submissions every hour and within a few minutes they have normally been submitted.
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pikecara
Newbie
Offline
Activity: 52
Merit: 0
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December 27, 2017, 10:51:25 PM |
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Search for free accellerators on the forum, there are others which are paid (better)
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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December 27, 2017, 11:22:24 PM |
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Search for free accellerators on the forum, there are others which are paid (better)
If you're referring to people who offer paid accelerations, it doesn't mean anything in this case. In most cases they make use of ViaBTC, which basically anyone here can do if you time it right, because due to the many scripts it has become very difficult. It makes no sense for anyone to ask money for something that can be done for free. Other services who do offer paid accelerations, are either too expensive, or are part of the side largely responsible for a lot of the previous spam attacks, and these services for that reason should never be paid. |
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timerland
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December 28, 2017, 03:15:14 AM |
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You can try free accelerators, however it already looks like its been confirmed. The blockchain is heavily congested in recent times due to the selling and buying of BTC. The only thing you can do is pay more in fees, or pay to an accelerator. Thats about it. I am just rooting for the lightning network to come and solve these transaction fee/time issues that are making Bitcoin look less and less appealing to be used as a currency for smaller transactions. |
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Mister1k
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December 28, 2017, 07:58:31 PM |
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You can try free accelerators, however it already looks like its been confirmed. The blockchain is heavily congested in recent times due to the selling and buying of BTC. The only thing you can do is pay more in fees, or pay to an accelerator. Thats about it. I am just rooting for the lightning network to come and solve these transaction fee/time issues that are making Bitcoin look less and less appealing to be used as a currency for smaller transactions. Hey why he have to use the accelerators you find you will get the bitcoin transaction he has made here confirmed now, So it is waste of time and waste of the post you have made since the transaction is already confirmed, viabtc accelerator are widely used accelerator tool for many people. Antpool accelerator also good one in free using tool but you have to sign up there. |
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