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howjow2 (OP)
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February 21, 2021, 07:15:36 AM
 #1

hello guys im very poor of knowledge about bitcoin but is there anything different happening rn? i have a 36.106 sat/B transaction that is about to hit 72 hours old unconfirmed, should i be worried?
 
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February 21, 2021, 07:27:31 AM
 #2

The mempool has been so filled with transactions not yet processed while many of the transactions pay much higher fee than yours which will first be confirmed before low fee transactions, but as the mempool is getting less busy with many transaction, your transaction will be process and confirmed, you should not panic at all but patient. Or can you do RBF to pump the fee to around 50 sat/byte for fast time for it to confirm, that will be a good idea.

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howjow2 (OP)
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February 21, 2021, 07:35:03 AM
 #3

thanks for your reply friend, i'll keep patient here since i dont have access to the payer's wallet im not able to boost that fee
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February 21, 2021, 07:41:51 AM
 #4

Nothing to be worried if you are not in hurry to get the tx confirmed.

Use this site: https://jochen-hoenicke.de/queue/#BTC,24h

Scrol down and on the third graph when you mouse hover anywhere on the graph you see ranges of numbers. For example consider the image below:



On the image, left coloumn is Sat/B, in your case 36.106 sat/B. Right coloumn is total tx size for the specific sat/B. On the right coloumn when size is less than zero - you can assume that you need that sat/B to get the tx confirmed to the next block. On the image for next block the minimum sat/B will be 70+.

Mempool is very very congested or your tx with 36.106 sat/B would get confirmed long ago. Maybe you will get luck in the next few hours.

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February 21, 2021, 07:49:36 AM
 #5

Post the TXID so we can check if it's already confirmed. Use viabtc accelerator, you might be lucky to confirm it using it.

You have more than 10 sats which is enough for you to accelerate it if you are lucky.



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February 21, 2021, 07:57:39 AM
 #6

hello guys im very poor of knowledge about bitcoin but is there anything different happening rn? i have a 36.106 sat/B transaction that is about to hit 72 hours old unconfirmed, should i be worried?
 
Your transaction is in queue since you only use low fees for your transaction in btc transaction who uses high fees are in most priority that is the nature of btc network it doesn't care about who is the first one to transact it only care to the one who pays more fees and it will process immediately go to this site so that in your next transaction you now have an idea what fees to use: https://mempool.space/    

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February 21, 2021, 08:03:36 AM
Merited by AB de Royse777 (5)
 #7

very thankful for you guys attention, i was struggling to find charts with those kinds of info Royse
the tx for my situation is 878cf574d357d8314a2217673dd7ccb2563e1763b2493b73565250751f312ac9
i didnt think it would take so long for it to confirm since the fee in usd was very high (~40usd)
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February 21, 2021, 08:14:03 AM
 #8

very thankful for you guys attention, i was struggling to find charts with those kinds of info Royse
the tx for my situation is 878cf574d357d8314a2217673dd7ccb2563e1763b2493b73565250751f312ac9
i didnt think it would take so long for it to confirm since the fee in usd was very high (~40usd)
Are you running any service or something? The address 1G3uJFKqDK8tSUs83Z2eBr69PBFAvcqfVC has so many outputs since 15th and all with average tx fees. If you could wait for mempool to be cleared a bit (it may take time) and when the sat/B is very low like 2 or 3 sat/B then you can easily spend less.

However for a tx of $13k, 40 USD is still a less fees in the real world.

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February 21, 2021, 08:37:08 AM
 #9

very thankful for you guys attention, i was struggling to find charts with those kinds of info Royse
the tx for my situation is 878cf574d357d8314a2217673dd7ccb2563e1763b2493b73565250751f312ac9
i didnt think it would take so long for it to confirm since the fee in usd was very high (~40usd)
Are you running any service or something? The address 1G3uJFKqDK8tSUs83Z2eBr69PBFAvcqfVC has so many outputs since 15th and all with average tx fees. If you could wait for mempool to be cleared a bit (it may take time) and when the sat/B is very low like 2 or 3 sat/B then you can easily spend less.

However for a tx of $13k, 40 USD is still a less fees in the real world.

some dude bought my gold in an online game haha the only address in the list that belongs to me is 3Jsg9dT9PJPSUFRBhYKgP6RLpZmmmxNxJH
i wish i had ever been close to 13k usd anyways hehe
does this ammount of inputs and outputs affects how long the tx will be confirmed? i dont understand why so many
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February 21, 2021, 08:46:50 AM
 #10

some dude bought my gold in an online game haha the only address in the list that belongs to me is 3Jsg9dT9PJPSUFRBhYKgP6RLpZmmmxNxJH
i wish i had ever been close to 13k usd anyways hehe
does this ammount of inputs and outputs affects how long the tx will be confirmed? i dont understand why so many

Welcome in Bitcoin if this is your first time. It seems he sent you the coins from a service wallet. If this was an exchange then the tx fees would have been high and you would get the coins already confirmed in your wallet. Anyway, never mind. All looks good.

I am not sure how long it will take, right now it needs 50+ Sat/B. Let's hope it won't be long.

Are you in a noncastadial wallet of castadial wallet like in an Exchange or any other online wallet? Hopefully you will learn the secuirity related things as you explore the bitcoin world.

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February 21, 2021, 08:58:27 AM
Merited by buwaytress (1)
 #11

The problem is not there. I've seen in the last 12h at least one block with 30-ish fees.

The problem is that the transaction has 2 unconfirmed parents (45187fd8c235887fcf7afe93985c727d8dd2238be2a83817d681216d4fda37f8 = 10 sat/vbyte, dbea9c449d4ec4b3719cece14ea515430ea14f7f68ac757b07de98aa7965068f = 5.9 sat/vbyte) and both of them has at least one unconfirmed parents (659abc5c3cf1fa765720d68518767a0815df4859ff1369a89a9b13d65b36c0e0 = 10 sat/vbyte, +3 more) ... I went to a good number of levels back and I keep finding unconfirmed parents.
So it's going to take a good while until these will get confirmed, if ever.

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February 21, 2021, 09:01:39 AM
 #12

i just found out that my wallet is custodial since i had never heard that therm i had to search a little, but its one of the few trustful sites that offers such a service in my country. What i could notice is that the payer alleged that he is not able to boost that fee even after i offered him some money but now with the mempool space site i could find that the tx allows RBF...
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February 21, 2021, 09:10:36 AM
 #13

The problem is not there. I've seen in the last 12h at least one block with 30-ish fees.

The problem is that the transaction has 2 unconfirmed parents (45187fd8c235887fcf7afe93985c727d8dd2238be2a83817d681216d4fda37f8 = 10 sat/vbyte, dbea9c449d4ec4b3719cece14ea515430ea14f7f68ac757b07de98aa7965068f = 5.9 sat/vbyte) and both of them has at least one unconfirmed parents (659abc5c3cf1fa765720d68518767a0815df4859ff1369a89a9b13d65b36c0e0 = 10 sat/vbyte, +3 more) ... I went to a good number of levels back and I keep finding unconfirmed parents.
So it's going to take a good while until these will get confirmed, if ever.


oh god, i saw a few unconfirmed transactions while inspecting this wallet too, im starting to get worried, but wouldnt the whole thing get mined if the one with a "decent" sat/b fee were found by a miner?
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February 21, 2021, 11:32:50 AM
 #14

wouldnt the whole thing get mined if the one with a "decent" sat/b fee were found by a miner?

You've seen the numbers. They mean that "your" 36 sat/vbyte tx pays for those 5.9 - 10 sat/vbyte transactions too.
It's difficult to calculate all those ramifications, but I would not expect to see the transaction confirmed until the fees drop to 10 sat/vbyte or even less.

You are scared and it's normal. This should be a lesson for you: if the money is transferred, it means nothing, it has to also be confirmed. Only then you can say that you have received the money.
Now the situation is indeed stressful, since if the seller is a scammer and somewhere on that path he has a RBF transaction, he may replace that, break the chain and leave you unpaid. Or if the fees rise for too long the transactions will get dropped and again leave you unpaid.
On the other hand, if all goes well and Bitcoin's price won't have too big fluctuations today, the mempool could clear up and confirm your transaction.

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February 21, 2021, 11:42:31 AM
 #15

i just found out that my wallet is custodial since i had never heard that therm i had to search a little, but its one of the few trustful sites that offers such a service in my country. What i could notice is that the payer alleged that he is not able to boost that fee even after i offered him some money but now with the mempool space site i could find that the tx allows RBF...
You better need a noncustadial wallet. Electrum is a good option.

Official site: https://electrum.org/#download
Also make sure to verify the file to avoid installing fake wallet software: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/

5.9 sat/vbyte
I did not check those parent transactions and it seems this 5.9 sat/B will take ages to get confirmed means all the child transactions are useless with whatever higher fee they have. Hopefully howjow2 wil not have bitter experience.

@howjow2, have you shipped the gold you sold yet? If not then wait until you get at least one confirmation. It's safer.

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February 21, 2021, 12:02:09 PM
 #16

apparently i got scammed also with those dudes that would receive 3k+ usd in their wallets.
but what i really cant understand here is why in my wallet it says unconfirmed and not canceled, so does it when i open the tx.
but when i open the tx the payer sent me, it says payment was canceled
like here: https://www.blockchain.com/btc/tx/440c29e4a9f28244df689e57e59c5e82f93fbcacf83e87d331ea76705a0b325d
i found two other people complaining about the same guy after some research, but we are stuck in the confusion its just a messed up transaction taking long or a canceled RBF since he was indeed using RBF.
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February 21, 2021, 12:40:43 PM
 #17

not confirmed yet means it can still be canceled right? better just cancel and do the transaction on another day, it could be the network is bad.

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February 21, 2021, 01:19:38 PM
 #18

but what i really cant understand here is why in my wallet it says unconfirmed and not canceled, so does it when i open the tx.
The transaction 878cf574d357d8314a2217673dd7ccb2563e1763b2493b73565250751f312ac9 is currently still valid, which is why it still say "unconfirmed" in your wallet. It is possible that he is still trying to scam another recipient of one of the outputs in that transaction before he cancels it.

Looking through the various chains of unconfirmed parents, in total the fee rate is sitting around 17 sats/vbyte, which puts the chain of transactions around 20 MB from the tip and highly unlikely to confirm any time soon. Also, since the transaction he uses to pay you is flagged as RBF, he has loads of time, at least a few days, in which to replace it and send the funds back to himself.
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February 21, 2021, 01:25:20 PM
 #19

hello guys im very poor of knowledge about bitcoin but is there anything different happening rn? i have a 36.106 sat/B transaction that is about to hit 72 hours old unconfirmed, should i be worried?
 

Try to look and check on mempool.space .This is the place where i do always check when it comes fees recommendation and network condition.
You would able to see about those blocks that are being prioritized basing off on amount of fees that set. If your transaction does have 36 sats/byte
then expect it would be getting a confirmation in next 20 minutes.

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February 21, 2021, 02:33:40 PM
 #20

The problem is not there. I've seen in the last 12h at least one block with 30-ish fees.

The problem is that the transaction has 2 unconfirmed parents (45187fd8c235887fcf7afe93985c727d8dd2238be2a83817d681216d4fda37f8 = 10 sat/vbyte, dbea9c449d4ec4b3719cece14ea515430ea14f7f68ac757b07de98aa7965068f = 5.9 sat/vbyte) and both of them has at least one unconfirmed parents (659abc5c3cf1fa765720d68518767a0815df4859ff1369a89a9b13d65b36c0e0 = 10 sat/vbyte, +3 more) ... I went to a good number of levels back and I keep finding unconfirmed parents.
So it's going to take a good while until these will get confirmed, if ever.


Nailed it. Only way now to rush all of these is for the guy sending you the transaction to make sure he uses his next one linked similarly to pay for all his previous ones. CPFP.

The only thing I'd say here is he does also have a history going farther back of confirmed transactions all on more or less small but not unusually small sat/byte fees so he's probably just happy to wait the mempool slug out, while paying on from unconfirmed inputs. Probably what I'd do since I trust the network that much;)

I'd just wait it out and ship once confirmed.

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