DELETED

[bear911]

DELETED or removed by OP.

[1714663434]

1714663434

[1714663434]

1714663434

[gentlemand]

It's not lost.

The worst case scenario is that it'll never be processed by miners and will return to your wallet after a few days. It's much more likely that between now and then there'll be low activity moments where it will be processed.

I had a similar thing a few days ago at 8 satoshis per byte. It was accepted after 3-4 days.

[AB de Royse777]

Hi,
I transferred $1800+ btc with $1.09 mining fees, which is very low at that time, but now my transaction is stuck in mempool from 3 days. Is it lost?

https://blockchair.com/bitcoin/transaction/6d39ddf0ec4ce578bd70300c317865aa40d471e9feed3b794655f51ad5b33e9a

Don't worry. I see your tx has 51 sat/B but I have a tx with 1 sat/B. So if you lose your coins then I will lose too :-D

Jokes aside, currently the mempool has a lot of transactions to clear up. Your turn may take time but it will confirm eventually no matter how long it takes.

The worst case scenario is that it'll never be processed by miners and will return to your wallet after a few days. It's much more likely that between now and then there'll be low activity moments where it will be processed.

I never had the experience to get my coins back to my address. I hope someday I will experience this. Maybe this transaction of 1 sat/B that I made earlier today.

[gentlemand]

I never had the experience to get my coins back to my address. I hope someday I will experience this. Maybe this transaction of 1 sat/B that I made earlier today.

I don't remember anyone reporting it here but it must've happened a few times. Maybe there are some zero fee throwbacks who've had it occur to them. I think that's officially sneered at these days.

[NeuroticFish]

I don't remember anyone reporting it here but it must've happened a few times. Maybe there are some zero fee throwbacks who've had it occur to them. I think that's officially sneered at these days.

It did happen in 2017. But since then the default "aging" time was increased a lot. Iirc it was from 2 days to 2 weeks.
But also, since everyone has his own mempool, some may discard some of the transactions earlier, some later.


Still, I find it interesting/strange that it was not confirmed yet. The fees are clearly lower now than 51 sat/vbyte.

[AB de Royse777]

LOL, 1 sat/B? what were you thinking

It's in the same wallet :-P
So the coin stays with me even if it does not pick up by the miners in the next few months and does not get dropped from the mempool. It's fun actually :-D

Still, I find it interesting/strange that it was not confirmed yet. The fees are clearly lower now than 51 sat/vbyte.

This is interesting. I just noticed it's below 50 sat/B from this point (image) and after that we had 2 more blocks so far so this is strange (not making sense to me).



Most probably the next block will pick up OPs tx.

[gentlemand]

LOL, 1 sat/B? what were you thinking

I've seen that quoted as an acceptable figure a few times in the last few weeks. Things change fast though and before you've sent it the cost can rise big time. My 8sat/byte tx had that. That was fine when checking. Immediately after I sent it the average had gone up to 40/50.

[mocacinno]

I got my transactions pruned from the mempool of most nodes a couple of times in 2017, and a couple of times during 2020.

I think there's some confusion as to what's actually happening.
When you create a new transaction, you use unspent outputs funding your address(es) as an input and your transaction creates new unspent outputs. This transaction is signed and broadcasted to a couple of nodes that are connected to your wallet.
These nodes store your transaction in their mempool and relay the transactions to the nodes they are connected to (unless your tx gets rejected), untill allmost all mempools of all online nodes contain your transaction.

A miner is also connected to a node, when he mines he selects the top 1Mb (not including witness data) of unconfirmed tx's out of the mempool of his/her node, creates a merkle tree and puts the merkle root in the header of the new block he/she is trying to solve. If a miner finds a nonce for which the sha256d hash of the header of his block is under the current target, he succesfully solved his block.
He proceeds by broadcasting his valid block.

Every node receiving said block parses it. During this process they remove the transactions within the valid block from their mempool and they put the new unspent outputs in their UTXO db.

Each node can set it's own rules as to the size of it's mempool, the maximum age of unconfirmed transactions in it's mempool, the minimum relay fee,... But the fact is that resources are never unlimited, so all nodes do have some kind of prune setting if it comes to unconfirmed tx's in their mempool... Either the default settings or custom ones.

So, once your transaction is broadcasted but not confirmed, it can take several weeks (or even months) untill allmost all nodes have dropped your unconfirmed tx from their mempool. But that shouldn't matter: as soon as your tx is pruned from most node's mempools, you should be able to re-use the unspent output(s) initially used as an input for the unconfirmed transaction.

By the way: For transaction moving funds between my own wallets, i never ever pay more than 2-5 sat/vbyte... If a transaction remains unconfirmed untill it gets pruned from most mempools: so be it... I'm not going to help in the fee bidding war by paying 50+ sat/vbyte for transactions that are not urgent at all...

[dothebeats]

Nah it’ll stay there. Probably until such time that it will be returned to your wallet or be confirmed on days where there is little activity from the market. I have had those during the spam attacks on 2015 and some normal days when the mempool isn’t clogged but the fee is really low, but those confirmed after 3 days max. Just sit there and wait for the time being and your funds will be returned to you, or eventually be confirmed.

[Asuspawer09]

Hi,
I transferred $1800+ btc with $1.09 mining fees, which is very low at that time, but now my transaction is stuck in mempool from 3 days. Is it lost?

https://blockchair.com/bitcoin/transaction/6d39ddf0ec4ce578bd70300c317865aa40d471e9feed3b794655f51ad5b33e9a

I guess it's common when the market price of bitcoin is pumping just like what happened at the end of 2017.

The transaction is still unconfirmed so I guess just be patient, the transaction fee is so low for a 1800$ so it's expected to have a long transaction time. Also, the funds would return to your wallet if the transaction is not successful.

I remember having a 7day transaction time in the past and I already thought that the transaction will never be completed, as long as it's in the blockchain you just need to be patient on this one.

[btcsmlcmnr]

Your transaction used 29 sat/ byte and the mempool has roughly 2 MB with waiting transactions from 25+ sat/byte. If the mempool won't be load up with more transactions with higher fee than 29 sat/ byte, your 3-day old transaction will get its confirmation next few blocks (2+ more blocks. 1 block takes 1 MB from mempool tip).

https://jochen-hoenicke.de/queue/#1,4d (the bottom chart).

[stompix]

This is interesting. I just noticed it's below 50 sat/B from this point (image) and after that we had 2 more blocks so far so this is strange (not making sense to me).

It's even worse than that, the transaction is two days old, just in block 659710 it should have been confirmed, there are hundreds of transactions below 20sat/b in that block, and it's not just one block.

Edited as I never checked the source of the funds.

I guess it's common when the market price of bitcoin is pumping just like what happened at the end of 2017.

Not this again! How does your price theory explain that between the 20th and 30th of November we had less than one day with fees over 50sat/b? Common, let me know how that fits with your scenario!

[Bttzed03]

I guess it's common when the market price of bitcoin is pumping just like what happened at the end of 2017.

Not this again! How does your price theory explain that between the 20th and 30th of November we had less than one day with fees over 50sat/b? Common, let me know how that fits with your scenario!

Was it also you who said it was tiresome to explain this subject over and over? I read it some days ago but I can't remember who.

I guess not everyone is willing to read on the effect of hashrate and difficulty adjustments on the transaction fees.

[gentlemand]

Not this again! How does your price theory explain that between the 20th and 30th of November we had less than one day with fees over 50sat/b? Common, let me know how that fits with your scenario!

There's a difference between pump and hype. There's no wider excitement yet and may not be for quite a while. We'll have to see what fees do then when everyone's on heat. Of course we don't have Bitmain spamming fees this time around, or not yet, and that might've been the prime factor last time.

[Mpamaegbu]

This is the hardest problem Bitcoin is battling to overcome, but hasn't been able to. If delayed transactions and network congestion don't destroy Bitcoin, nothing else will. I have the same issue ATM which has lingered since Dec 1 till now even when the fee is very ok for the transaction.


Of course, I know it will eventually get confirmed but what of if price had been plunging since I made that deal? It's really appalling. May be miners are the ones trying to kill this game.

[jademaxsuy]

<snip>

The miners are actually playing a big role in bitcoin transaction and currently due to spikes or demand of bitcoin. Miners service is in demand this time so expect that there will be many delayed transaction that will going to happen. If you wanted a faster transaction then you can send again the bitcoin with the same address but you need to increase your tx fee to get mined easily and get confirmations. If only you know what best time to send or make transaction then this could be avoided. Sunday early morning has lower number of tx compared to other days and other times.

[yayayo]

It's not lost.

The worst case scenario is that it'll never be processed by miners and will return to your wallet after a few days. It's much more likely that between now and then there'll be low activity moments where it will be processed.

I had a similar thing a few days ago at 8 satoshis per byte. It was accepted after 3-4 days.

I never thought that they can return it to your wallet I think the best option is turning on the RBF (I was using Electrum wallet) and so if something like this happen you have an option to change your fee anytime and re-broadcast it the blockchain.

ya.ya.yo!

[NeuroticFish]

I've just noticed something that causes this to be taken into account late:
tx 6d39ddf0ec4ce578bd70300c317865aa40d471e9feed3b794655f51ad5b33e9a has unconfirmed parent 794b3223490d46ad9f2e5ddb66e9964748c23241bac2d933dc2c78ee024b05fe with (low) 3.387 sat/vbyte fee


In theory we may have a CPFP but I don't know if child's tx fee is big enough for that.

[stompix]

Was it also you who said it was tiresome to explain this subject over and over? I read it some days ago but I can't remember who.
I guess not everyone is willing to read on the effect of hashrate and difficulty adjustments on the transaction fees.

Yeah, people simply don't want a more complicated explanation, for some higher prices higher fees.
How the hell we had fees higher at $4000 than at $17000, that's something they chose to ignore, too much trouble, it just happens..

It's pretty obvious,  we had difficulty retarget on Sunday when all this started, and the blocks were damn slow, the pace was 80%, then 90% now we're climbing back up at 95%, and what a surprise..the mempool is coming down also as magic


Currently, 155 blocks compared to the normal 144 fi the paces keeps up we will see pretty soon an empty mempool, ignoring the few 100+ outputs 1sat/b tx I currently see in the mempool which are likely spam  

I've just noticed something that causes this to be taken into account late:
tx 6d39ddf0ec4ce578bd70300c317865aa40d471e9feed3b794655f51ad5b33e9a has unconfirmed parent 794b3223490d46ad9f2e5ddb66e9964748c23241bac2d933dc2c78ee024b05fe with (low) 3.387 sat/vbyte fee

And another piece of the puzzle...

[xnarf]

It will not be lost as that is not possible 
You can always use RBF with electrum if you are afraid that your transaction will be stuck. This exact same thing happened to me and I had to switch wallets temporarily just so my tx could be mined.
At worst if your tx does not go through and RBF does not work don't worry as it will not loop within blocks. Instead, your tx will be cancelled and your funds returned to your wallet after I believe one month since the initial spend.