Blockchain wallet transaction got stuck

[mmitech]

I made a big mistake when sending 7.99 BTC, the blockchain online wallet asked me if I want to pay 0.005 BTC for transaction fee, without thinking I clicked no, now my transaction is stuck for more than 1 hour without any confirmation.... I am so angry at my self right now, the guy said that he can see the incoming 7.99 BTC but still 0 confirmation.

https://blockchain.info/tx/634ea0a9c35a7d0bf637356b099c0001c32da8fff7c00464f908ead11e0aacf4

what can I do about i t? how long will it take to go through ?

[mmitech]

It is so stupid to ask the question for fees, If the transaction wont go through then just take the f***ing fee, even me with an understanding of how Bitcoin works I still made this mistake, Imagine a guy who have no clue about these basics using bitcoin !!! 

[DannyHamilton]

I made a big mistake when sending 7.99 BTC, the blockchain online wallet asked me if I want to pay 0.005 BTC for transaction fee, without thinking I clicked no, now my transaction is stuck for more than 1 hour without any confirmation.... I am so angry at my self right now, the guy said that he can see the incoming 7.99 BTC but still 0 confirmation.

https://blockchain.info/tx/634ea0a9c35a7d0bf637356b099c0001c32da8fff7c00464f908ead11e0aacf4

what can I do about i t? how long will it take to go through ?

In the future there will likely be methods of dealing with this situation.  Perhaps miners will begin to accept "child transaction pays fees for parent" or perhaps the developers of the reference client will implement an ability to replace a transaction with an identical transaction that adds a fee.  Neither of those options are available at the moment.

All you can do is wait.  I'm not certain, but I believe that if the transaction hasn't confirmed after 72 hours, blockchain.info will stop transmitting it and the balance will return to your wallet.  If you trust the person you are paying, then you could reach an agreement with them where you send a second payment right now with an appropriate fee, and they send your original payment back to you once it confirms (if it confirms).

[mmitech]

so after 72 hours the transaction will be automatically canceled ?  I really hope that this is true, 800$ is allot of money to lose I hope this get fixed in future

[r3wt]

so after 72 hours the transaction will be automatically canceled ?  I really hope that this is true, 800$ is allot of money to lose I hope this get fixed in future

download the bitcoin client or the electrum client.

dump your private keys from blockchain and import. use pywallet to delete the transaction from your wallet.

reopen either bitcoin or electrum.

create a separate wallet at blockchain.info. do not create it under the same account. don't worry you can dispose of this address after you've resent the payment.

send the entire transaction(just sent an even 8 btc you pud)r to the new address you just created,  it will show a doublespend but it will go through within a few hours.

now that it has confirmed in this new wallet, you can send the transaction again with the fee and it is all good.

other than the steps i just laid out, your only option is waiting 72 hours, however blockchain.info likes to get stuck in a loop where it keeps trying to send the transactions no matter how many times it gets rejected. its fucking lame.


1 last thing: you should be slapped for storing that much btc in a blockchain account imo.

[escrow.ms]

Well from what i see, your coins are new, you received 8 bitcoins and sent them in a hour without fees so priority is low.
There are only 22 confirmations of that transaction.

Ps: If you read wiki

A transaction will be sent without fees if these conditions are met:

It is smaller than 10 thousand bytes.
All outputs are 0.01 BTC or larger.
Its priority is large enough (see the Technical Info section below)
https://en.bitcoin.it/wiki/Transaction_fees

[mmitech]

1 last thing: you should be slapped for storing that much btc in a blockchain account imo

I bought them locally, I met the seller from Localbitcoins, I had my phone with me and I was thinking why should I complicate things if I will spend them right away

[mmitech]

Well from what i see, your coins are new, you received 8 bitcoins and sent them in a hour without fees so priority is low.
There are only 22 confirmations of that transaction.

Ps: If you read wiki

A transaction will be sent without fees if these conditions are met:

It is smaller than 10 thousand bytes.
All outputs are 0.01 BTC or larger.
Its priority is large enough (see the Technical Info section below)
https://en.bitcoin.it/wiki/Transaction_fees

thank you for the input, I didn't know that, this is what I get 70,796,460,17 it is bigger than the 57,600,000. PS: now it went through.


I've learned something of all of that. read twice and confirm the 3rd time.