Uncofirmed transaction low bytes

[sarakuka]

This is my BTC transaction.

https://www.blockchain.com/btc/tx/2c17f50f0885063f7e6f401ae7ceff92869e7516e7d88293e0c5d2b40a03d99b

Hash
2c17f50f0885063f7e6f401ae7ceff92869e7516e7d88293e0c5d2b40a03d99b
2020-07-28 10:50
1DGnaSbCzwNTFyreGssnB5ddpPZaBHojxs
0.05021184 BTC
1FF984TcdK6dR122DiCJwofnHiS86VKo27
0.00026918 BTC
12EeMNuGYULuLCUbuDrzSXeChTAubTv1Zv
0.04991769 BTC
Fee
0.00002497 BTC
(11.098 sat/B - 2.774 sat/WU - 225 bytes)
0.05018687 BTC
UNCONFIRMED

Is the fees to low for this transaction that's why it is taking to long?

Can it take longer then 24 hours any idea?

[1715640958]

1715640958

[1715640958]

1715640958

[1715640958]

1715640958

[1715640958]

1715640958

[1715640958]

1715640958

[JeromeTash]

Your fee is very Low according to https://mempool.space The Mempool is right now crowded with very many unconfirmed transactions (over 75K unconfirmed transaction)
Your transaction is likely to take more than 24 hours before it gets confirmed as it's priority is low compared to the rest of the unconfirmed transactions.


I see you Transaction is also not Replace-by-fee (RBF) enabled. It's very important to enable RBF so that in such cases, you can just bump the fee to the optimal fees for quicker confirmation.

[sheenshane]

That's right, the mempool now are very congested that cause many pending transactions, most commonly on this case, it takes (7) 14-21 days before it will reject by the network your transaction. See here the graphics shown by mempool status right here.

source:

What wallet you have been used on this transaction? If you use Electrum wallet you can replace the fees as suggested above and follow this (How to Fix Slow Bitcoin Transactions with Replace-By-Fee), you can also try to accelerate this transaction via ViaBTC the most recommended Bitcoin transaction accelerator tool.

Edited:

[TopTort777]

That's right, the mempool now are very congested that cause many pending transactions, most commonly on this case, it takes 7 days before it will reject by the network your transaction.

What happens to his transaction after? It will simply burn fees and get back to his wallet (automatically?) or or his transaction will stuck someone in blockchain and he will have to spend extra funds to move or accelerate it ?

[sheenshane]

That's right, the mempool now are very congested that cause many pending transactions, most commonly on this case, it takes 7 days before it will reject by the network your transaction.

What happens to his transaction after? It will simply burn fees and get back to his wallet (automatically?) or or his transaction will stuck someone in blockchain and he will have to spend extra funds to move or accelerate it ?

Ain't have experienced this but AFAIK, if the transaction was rejected by the network it eventually disappears from the network and back to the sender's wallet after a few days of patiently waiting.

So, while there's an alternative way to do why you will wait for how many days if you can afford to increase the fees by using the First-Seen-Safe, Replace By Fee(FSS-RBF). Here is a Youtube tutorial to make this things clear for the OP. Too old but seems have useful content.

[The Sceptical Chymist]

What happens to his transaction after? It will simply burn fees and get back to his wallet (automatically?) or or his transaction will stuck someone in blockchain and he will have to spend extra funds to move or accelerate it ?

Someone correct me if I'm wrong, but you get the entire amount sent back to the originating wallet.  Makes sense, because the transaction was never included in a block and so the miners shouldn't get any fee.

And yeah, the network seems really congested right now.  I assume this is because of the price rise over the last couple of days, which is causing a lot of buying and selling--and this has happened before.  There are some transaction accelerators out there, but I don't know how legitimate any of them are.

Can it take longer then 24 hours any idea?

You already got this question answered, but I'm going to affirm that it can definitely take 24 hours or longer to get a confirmation when the network is overloaded.  Increase the fee if you can, and if not just be patient.

[Rath_]

What happens to his transaction after? It will simply burn fees and get back to his wallet (automatically?) or or his transaction will stuck someone in blockchain and he will have to spend extra funds to move or accelerate it ?

By default, Bitcoin Core nodes drop unconfirmed transactions after 14 days; not 7 days. Once the transaction is dropped, the sender is not charged anything and can spend the same UTXOs again. However, the transaction could be broadcast again by anyone in the future, so invalidating it by spending one of its inputs should be considered.

Note: If a transaction is marked as replaceable, you can spend the same UTXOs without having to wait for the transaction to drop or you can bump the fee. If it's not then CPFP could help.

[sarakuka]

What if I pay Viabtc accelator.

Paid accelerator service
Transactions
2c17f50f0885063f7e6f401ae7ceff92869e7516e7d88293e0c5d2b40a03d99b
Transaction Size (Current TX Size + Previous Unconfirmed TX Size)
225 Bytes = (225 + 0) Bytes
Payment Type
Total fee
0.0029925 BTC ≈ $ 33.23 0.00315 BTC
Available
0 BTC
Insufficient balance. Please deposit first.

Is it worth it will it work ?

[JeromeTash]

What if I pay Viabtc accelator.
.....
Insufficient balance. Please deposit first.

Is it worth it will it work ?

Yes It works. Once you deposit the needed fee in the account you have signed up, ViaBTC will deduct it and make your transaction a priority in the next block they(ViaBTC) will mine.
But I got to be honest, 0.0029925 BTC is one hell of a high fee even at the moment only that you probably have no choice and you want the transaction to be confirmed as soon as possible. If you had paid the optimal fee earlier on or enabled RBF, you would pay far less than what ViaBTC accelerator is suggesting you to pay them to accelerate your transaction.

[stompix]

What happens to his transaction after? It will simply burn fees and get back to his wallet (automatically?) or or his transaction will stuck someone in blockchain and he will have to spend extra funds to move or accelerate it ?

Someone correct me if I'm wrong, but you get the entire amount sent back to the originating wallet.  Makes sense, because the transaction was never included in a block and so the miners shouldn't get any fee.

Basically yes, but better said the amount is not sent back as the coins never left, it's just the pending transaction is dropped as it never happened.

Is it worth it will it work ?

It will work alright but if it's worth it or not that's for you to decide, for that fee, you would have paid 120sat/b and get a confirmation in probably an hour a two in the first place.
You could at least try and wait a bit to see if the pool will not clear again as it usually does early in the morning (GMT time), that's in 8-10 hours from now if that's not urgent and make a decision then.
I wouldn't pay close to 10% for a tx unless is something really essential.

LE:
You realize that to pay the fee you also have to deposit BTC in your viabtc account, so better think of paying that in some altcoin as you will end up paying double.

[BitMaxz]

~snip~

Let me ask if what wallet you currently use to send this transaction?

You can maybe make a double-spend transaction and increase the transaction fee.

If you are using Electrum you can follow this method below.

- TUTORIAL - How to fix Unconfirmed Transactions!

[pooya87]

~snip~

Let me ask if what wallet you currently use to send this transaction?
You can maybe make a double-spend transaction and increase the transaction fee.
If you are using Electrum you can follow this method below.
- TUTORIAL - How to fix Unconfirmed Transactions!

the transaction is already confirmed but for future reference, the post you linked is not the way to "fix" anything when the transaction is not marked as RBF which OP's transaction isn't since it has max value for its sequence for its only input. since the transaction is properly propagated even after all the effort of messing up the wallet file and removing the tx and creating a new one, all the nodes out there reject the new transaction since it would be a double spend.

[OcTradism]

You moved the transaction on 28 July (three days ago) when the network was woke up again from weekends when more companies were back to work and more transactions were broadcasted on the network.

Furthermore, the increase of BTC also put people in rush and into the fee race. They wanted to make deposits to exchanges and cash out. For platforms which process withdrawals for customers, they obviously accept high fees and I am sure those withdrawals attribute to the fee race as well.

Another thing I advice you to bear in mind is try to avoid to make transactions in the start, mid and end of each months when BTC often has its moves.

Some guides I found and stored my personal use:
- Fees are low, use this opportunity to Consolidate your small inputs!
- Bitcoin transaction fees (in sats/kb). Sunday, Saturday are best to move BTC
- Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum)
- List of Bitcoin Mempool Viewers for Reference
- Bitcoin Transaction Fees - Everything in one