I will Pay you for your help. TX STUCK FOR 23 DAYS AND COUNTING

[HCP]

A question:
Let's say last week I made a transaction with 2 sat/vbyte.
Two days ago, the default mempoolminfee increased to 5 sat/vbyte and my transaction was dropped from the mempool of most nodes.
Now the mempoolminfee is 1 sat/vbyte. Shouldn't my transaction appear again?

If it's been removed from a node's mempool... how would it magically appear again? The node has no record of it any more. So, most likely it won't "appear" again unless it gets rebroadcast.

So, either a node that still had it, would have to rebroadcast it... not sure how many nodes actually do this? or your wallet would need to rebroadcast it... or someone else who happened to have the raw transaction would have to broadcast it.

[mersal]

From what I can tell, the transaction was confirmed seven hours ago:

The OP got lucky considering the crazy fees we have seen for the next few months. A few days ago it was over 150 sat/vMB from jochen reading. Even a few hours ago it was over 80 sat/vMB. These days the miner's fees are very volatile. I think some online services has high fees set as default and they create all these high fees paying transactions.

Anyway, it was a good experience for OP maybe next time he will know which wallet will be best for him after reading above responses.

Custodial wallets, exchanges even gambling sites are the main reasons why the fees are highly volatile and insane when the required fee is very low so its like some kind of manipulation too. Every exchanges and sites should move to dynamic fee structure so they can avoid spiking the mempool fee with their high fee which is win-win for them as well as to the crypto community.

[Text]

When I was making the post above, the default mempoolminfee was 1 satoshi. So I assumed that most nodes should have the transaction in their mempool and they will reject a transaction spending same inputs. I also checked the transaction in three explorers and could see that in all of them.
~snip

It's no coincidence that I see a default mempoolminfee of 1 sat/vbyte.

This site becomes my basis when I make a Bitcoin transaction

Code:

https://bitcoinfees.net

A member just shared that in another thread that became my reference as well. But knowing that, when the transaction is not supported by the RBF, it is unlikely to be able to double spend.

If you look at mempool transactions, almost everyone chooses the lowest transaction fee.

[odolvlobo]

From what I can tell, the transaction was confirmed seven hours ago:

The OP got lucky considering the crazy fees we have seen for the next few months. A few days ago it was over 150 sat/vMB from jochen reading. Even a few hours ago it was over 80 sat/vMB. These days the miner's fees are very volatile. I think some online services has high fees set as default and they create all these high fees paying transactions.

Anyway, it was a good experience for OP maybe next time he will know which wallet will be best for him after reading above responses.

Custodial wallets, exchanges even gambling sites are the main reasons why the fees are highly volatile and insane when the required fee is very low so its like some kind of manipulation too. Every exchanges and sites should move to dynamic fee structure so they can avoid spiking the mempool fee with their high fee which is win-win for them as well as to the crypto community.

Someone paying an unnecessarily high fee doesn't affect the fee that you must pay. All that matters is whether they are paying a higher or lower fee than you. If a 10 sats/vbyte fee is necessary to make it into the next block, then it doesn't make a difference whether an exchange pays 100 sats/vbyte or 1 million sats/vbyte.

[HCP]

Custodial wallets, exchanges even gambling sites are the main reasons why the fees are highly volatile and insane when the required fee is very low so its like some kind of manipulation too. Every exchanges and sites should move to dynamic fee structure so they can avoid spiking the mempool fee with their high fee which is win-win for them as well as to the crypto community.

Fee rates going up and down has nothing to do with "manipuation" by custodial wallets, exchanges or gambling sites.

It is simply a function of the "supply and demand" nature of the Bitcoin network. Space in bitcoin blocks is limited, so if you want to get your transaction in on quickly, you need to "outbid" others trying to get in.

For instance... if there are 1000 transactions in the mempool (that will completely fill a block)... and there are 999 transactions that pay a fee rate of 1000 sats/vbyte and 1 transaction that pays 1 sat/byte... and you want to send a transaction and get it in the next block.

It makes no difference that 999 transactions are sending with 1000 sats/byte... you would only need to outbid the 1000th ranked transaction to likely get in... in which case, you could use 2 sats/byte and you would "outrank" the 1 sat/byte transaction.

What causes problems is that often, we have a situation where there are just a lot more transactions being generated and sent than can be included... and a lot of the people sending these transactions, want them confirmed fast... so they start outbidding each other to try and get it the next block.

THAT is what causes fees to go up... not anything untoward by exchanges, gambling sites or custodial wallets... if anything, they usually end up sending with low fees to try and minimise their expenses (and increasing their profits).

[Quickseller]

OP, feel free to shoot me a PM if you have the raw transaction. If the transaction is still valid, I should be able to help you. I would expect payment in advance.

[Timelord2067]

OP, feel free to shoot me a PM if you have the raw transaction. If the transaction is still valid, I should be able to help you. I would expect payment in advance.

The OP would be better off locking this thread ( lower left of page) given their transaction was confirmed seven days ago.

https://blockchair.com/bitcoin/transaction/524ff79c71013b4ed78fc170626997a1a3c46a4c2ee3f03a444c194da16a575f

From what I can tell, the transaction was confirmed seven hours ago:

(And beware charlatans trying to scam you out of your hard earned Crypto... )