Accidentally sent a transaction with 50 sat/b. Will I have to wait long?

[Jhanzo]

Haven't been using bitcoin in over a year so I've no idea where to check or how to make it faster. Can I still spend the output with higher fee to make it confirm faster?

[AB de Royse777]

If you have RBF  enable then yes you can. Right now to get the next block you need at-least 120 sat/B (this is crazy) but 50 sat/B is still good. This may take few hours to confirm and if you do not have hurry then it worth to wait.


Which client you are using?

[jackg]

I think 50 sats per byte should take 4nor 5 hours. I sent a transaction before with that fee I'll see if its confirmed.

You can do a cpfp if you want to.

Edit: it's 10mb from the tip mine. So is unconfirmed.

[Jhanzo]

Thanks. Unfortunately I forgot to enable rbf so I'll just try cpfp.

[AB de Royse777]

Thanks. Unfortunately I forgot to enable rbf so I'll just try cpfp.

If you have the change address then you can.
In case if you are using Electrum here is a tutorial: https://bitcoinelectrum.com/how-to-do-a-manual-child-pays-for-parent-transaction/

[The Sceptical Chymist]

I think 50 sats per byte should take 4nor 5 hours.

I guess it all depends, but yesterday I had a transaction stuck in the network for more than 5 hours and I'd included a fee of 65.7sats/byte. 

Right now to get the next block you need at-least 120 sat/B (this is crazy) but 50 sat/B is still good.

That is indeed crazy, and it annoys me when the network gets this constipated.  It was much worse a couple of years ago if I'm remembering correctly--but I do recall that the minimum fee to send about $120 worth of bitcoin from my Mycelium wallet was roughly $45.  That's an issue with Mycelium, though, and it's why I don't use it much anymore.

[Jhanzo]

Just got confirmed. Thanks folks.