Experiment not works

[General_Bitcoin]

Guys I was using exchanges for the bitcoin but after having some discussion with my friends due to few issues with exchanges I installed Electrum and as experiment I send a small amount to my friend, but sadly it's not works for me.

Now I have question why this not works for me because it's almost 18 days, and It's still showing pending even I spend 700 Satoshis as fees, so any solution for this.

Can I cancel this, or I have to wait for the to be settled, and why is this happening on electrum any updates about this could be appreciated?

Here is Txid  2f37443a344a5c5c05d361713616a89db702a6dcc68abf30ed5f188375e7cc09

[Charles-Tim]

It is because you used a low fee: https://mempool.space/tx/2f37443a344a5c5c05d361713616a89db702a6dcc68abf30ed5f188375e7cc09

You used 3.72 sat/vbyte

Check the fee rate here: https://mempool.space/

Go to Electrum, on the history tab, click on the transaction and pump the fee to the priority you wish on the https://mempool.space/

For lower fee, increase the fee to 16 sat/vbyte on Electrum and use ViaBTC to accelerate it. Your transaction will be confirmed anytime that ViaBTC mine a block.

[General_Bitcoin]

It is because you used a low fee: https://mempool.space/tx/2f37443a344a5c5c05d361713616a89db702a6dcc68abf30ed5f188375e7cc09

Check the ffe rate here: https://mempool.space/

Go to Electrum, on the history tab, clikc on the transaction and pump the fee to the priority you wish on the https://mempool.space/

Thanks for your prompt reply, so setting fees by myself is not good, and I have to follow with the fees showing during sending my bitcoins is right?

Can I send many peoples in one transaction, please give some more guidance about this as well with if we have fees high then still have to follow this as well is right or can minimize?

[Charles-Tim]

Thanks for your prompt reply, so setting fees by myself is not good, and I have to follow with the fees showing during sending my bitcoins is right?

Better to edit the fee rate. Use the fee rate on any of the two sites:

https://mempool.space/
For advanced users: https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),24h,weight

Can I send many peoples in one transaction, please give some more guidance about this as well with if we have fees high then still have to follow this as well is right or can minimize?

Yes, you can send to many addresses at once.

[Electrum] Send bitcoin to multiple addresses | Mass payment | Multi payment
https://bitcoin.stackexchange.com/questions/35686/how-do-you-send-to-multiple-addresses-by-paying-a-one-time-fee-which-wallet-sup#:~:text=Doing%20this%20in%20Electrum%20is,send%20money%20to%20many%20addresses.

Know that the more you want to send to more addresses, the higher the fee, but far lower in fee than sending to each addresses one by one.

For other questions, sending to many addresses included: https://electrum.readthedocs.io/en/latest/faq.html

[tbct_mt2]

Transaction fees on Bitcoin blockchain are more expensive in the last 3 weeks than before.

Your pending transaction has its fee rate is less than 4 sat/byte. You can check mempool that has never dropped to 10 sat/vbyte in the last 2 weeks.
https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),2w,weight

I see your pending transaction is opt-in Replace by Fee and you can bump the fee to 14 sat/vbyte or 17 sat/vbyte to have confirmations.

[hosseinimr93]

Go to Electrum, on the history tab, click on the transaction and pump the fee to the priority you wish on the https://mempool.space/

The transaction stayed unconfirmed for 14 days and most nodes have probably dropped it from their mempool. It should be a local transaction now.
OP, if you no longer want to make that transaction, just right-click on your transaction and remove it.

For lower fee, increase the fee to 16 sat/vbyte on Electrum and use ViaBTC to accelerate it. Your transaction will be confirmed anytime that ViaBTC mine a block.

If OP wants to set the fee rate to an amount so that he/she can use ViaBTC free accelerator, 10 sat/vbyte should be enough.
Note that the transaction is legacy and 10 sat/byte = 10 sat/vbyte.  

[BitMaxz]

It seems the transaction is already dropped from some nodes I can't check this on other block explorers so this transaction maybe already rejected by the mempool.

@OP can you check the Electrum maybe the transaction is already rejected and you can recreate the transaction but this time increase the fee and follow the suggested fee from https://mempool.space/

But if still show as pending in your wallet then your option is to use the bump fee or ask your friend to do CPFP.

[General_Bitcoin]

Thanks for your prompt reply, so setting fees by myself is not good, and I have to follow with the fees showing during sending my bitcoins is right?

Better to edit the fee rate. Use the fee rate on any of the two sites:

https://mempool.space/
For advanced users: https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),24h,weight

Can I send many peoples in one transaction, please give some more guidance about this as well with if we have fees high then still have to follow this as well is right or can minimize?

Yes, you can send to many addresses at once.

[Electrum] Send bitcoin to multiple addresses | Mass payment | Multi payment
https://bitcoin.stackexchange.com/questions/35686/how-do-you-send-to-multiple-addresses-by-paying-a-one-time-fee-which-wallet-sup#:~:text=Doing%20this%20in%20Electrum%20is,send%20money%20to%20many%20addresses.

Know that the more you want to send to more addresses, the higher the fee, but far lower in fee than sending to each addresses one by one.

For other questions, sending to many addresses included: https://electrum.readthedocs.io/en/latest/faq.html

@Charles-Tim really appreciate your effort and time because I just click on my transaction on my wallet and after this I increase the fees which is now from 700 Satoshis to 1588 Satoshis it's good for me as now I have new thing I can increase fees after broadcasting my transactions as well and many more things to learn form Electrum and this forum surely will increase my knowledge about this all thanks mate.

[Charles-Tim]

If OP wants to set the fee rate to an amount so that he/she can use ViaBTC free accelerator, 10 sat/vbyte should be enough.
Note that the transaction is legacy and 10 sat/byte = 10 sat/vbyte.   

The transaction is from legacy to native segwit address, but I am surprised that the transaction size and virtual size are the same.

@Charles-Tim really appreciate your effort and time because I just click on my transaction on my wallet and after this I increase the fees which is now from 700 Satoshis to 1588 Satoshis it's good for me as now I have new thing I can increase fees after broadcasting my transactions as well and many more things to learn form Electrum and this forum surely will increase my knowledge about this all thanks mate.

Likely that transaction will still be around 7 sat/vbye. Increase it to at least, 10 sat/byte and use https://www.viabtc.com/tools/txaccelerator/ to accelerate it. What is the fee rate on Electrum? I mean sat/byte?

[General_Bitcoin]

Go to Electrum, on the history tab, click on the transaction and pump the fee to the priority you wish on the https://mempool.space/

The transaction stayed unconfirmed for 14 days and most nodes have probably dropped it from their mempool. It should be a local transaction now.
OP, if you no longer want to make that transaction, just right-click on your transaction and remove it.

For lower fee, increase the fee to 16 sat/vbyte on Electrum and use ViaBTC to accelerate it. Your transaction will be confirmed anytime that ViaBTC mine a block.

If OP wants to set the fee rate to an amount so that he/she can use ViaBTC free accelerator, 10 sat/vbyte should be enough.
Note that the transaction is legacy and 10 sat/byte = 10 sat/vbyte.  

As I am trying to do few things first time on this Electrum wallet, so this is good time to have little information from here I have just done right-click and then increase fees which works, and now it's double if I have issue then surely I will increase again.

I have done right-click on transaction and I have one more option cancel double spent please give some information about this what is this and how can we use these thanks.

[Charles-Tim]

I have done right-click on transaction and I have one more option cancel double spent please give some information about this what is this and how can we use these thanks.

You have increased the fee rate again? I hope it is more than 10 sat/vbyte now. Or you can post the txid like the one you posted above so that we can know if you can use ViaBTC accelerator to accelerate the transaction. Or just use ViaBTC free accelerator by inputting your txid into the space seen on the website and submit it.

https://www.viabtc.com/tools/txaccelerator/

About cancel transaction, it is also RBF transaction, but in a way that it would be sent back to an address on your Electrum wallet. Increasing the fee is needed for it too, just like to pump the transaction.

[General_Bitcoin]

If OP wants to set the fee rate to an amount so that he/she can use ViaBTC free accelerator, 10 sat/vbyte should be enough.
Note that the transaction is legacy and 10 sat/byte = 10 sat/vbyte.  

The transaction is from legacy to native segwit address, but I am surprised that the transaction size and virtual size are the same.

@Charles-Tim really appreciate your effort and time because I just click on my transaction on my wallet and after this I increase the fees which is now from 700 Satoshis to 1588 Satoshis it's good for me as now I have new thing I can increase fees after broadcasting my transactions as well and many more things to learn form Electrum and this forum surely will increase my knowledge about this all thanks mate.

Likely that transaction will still be around 7 sat/vbye. Increase it to at least, 10 sat/byte and use https://www.viabtc.com/tools/txaccelerator/ to accelerate it. What is the fee rate on Electrum? I mean sat/byte?

Right now after clicking on transaction I have this Fee: 0.01588 mBTC (8.4 sat/byte)

It's showing I need to be on 12.6 sat/byte which can do this all quickly.

New Txid     db61935830705af9366f16dd64ccbbe39a3ad42a1144c447b9cae7042970c6da

[Charles-Tim]

Right now after clicking on transaction I have this Fee: 0.01588 mBTC (8.4 sat/byte)

It's showing I need to be on 12.6 sat/byte which can do this all quickly.

You can pump it to 12 sat/byte which is still a little amount of money. But you will be able to accelerate with 10 sat/byte on ViaBTC.

[General_Bitcoin]

Right now after clicking on transaction I have this Fee: 0.01588 mBTC (8.4 sat/byte)

It's showing I need to be on 12.6 sat/byte which can do this all quickly.

You can pump it to 12 sat/byte which is still a little amount of money. But you will be able to accelerate with 10 sat/byte on ViaBTC.

I have to create account on ViaBTC or can I do this all without account because I try, but it's saying transaction fees are too low so going with electrum is OK or ViaBTC is better, please give your view about this.

Today first day here on this forum is very good and knowledgeable for me as it's give me good things which are going to help me in future as well.

[Charles-Tim]

I have to create account on ViaBTC or can I do this all without account because I try, but it's saying transaction fees are too low so going with electrum is OK or ViaBTC is better, please give your view about this.

The issue is that you have not increased/pump the fee to at least 10 sat/vbyte. You can still do that on Electrum. You can let us know the txid once you do that. Just for experiment because txid supposed not to be shared, for privacy purpose, to serve as proof of payment only. After you increase the fee on Electrum, it would be accelerated on ViaBTC. Try it again after you increase the fee.

[General_Bitcoin]

Right now after clicking on transaction I have this Fee: 0.01588 mBTC (8.4 sat/byte)

It's showing I need to be on 12.6 sat/byte which can do this all quickly.

You can pump it to 12 sat/byte which is still a little amount of money. But you will be able to accelerate with 10 sat/byte on ViaBTC.

Now I have increased this 10.1 sat/byte hopefully now it could be better.

New Txid     73b2bc446c9364451ecaddfac93b270025924adcc6333e0c1fcc655a3aa93bbf

[Charles-Tim]

Now I have increased this 10.1 sat/byte hopefully now it could be better.

New Txid     73b2bc446c9364451ecaddfac93b270025924adcc6333e0c1fcc655a3aa93bbf

I submitted the txid on ViaBTC and it was successful. Wait and let ViaBTC mine a block and your transaction will be confirmed.

You can see the mining pool that just mine block here: https://mempool.space/blocks

[General_Bitcoin]

Now I have increased this 10.1 sat/byte hopefully now it could be better.

New Txid     73b2bc446c9364451ecaddfac93b270025924adcc6333e0c1fcc655a3aa93bbf

I submitted the txid on ViaBTC and it was successful. Wait and let ViaBTC mine a block and your transaction will be confirmed.

You can see the mining pool that just mine block here: https://mempool.space/blocks

Oh, amazing it's done very quickly amazing things happen for me here and my transactions which was pending for 18 days now have 3 confirmations thanks again.

If I need more information and updates I will post here as things can settle in minutes instead of waiting by myself for days.

[khaled0111]

A friendly advice, learn how the Bitcoin blockchain works and how to set transaction's fees properly. If you learn how all of the above works, then you will not need our assistance.
Thanks to Charles-Tim for submitting your transaction to via-btc and help you accelerate it, but this is something you are supposed to do it by yourself.

[General_Bitcoin]

A friendly advice, learn how the Bitcoin blockchain works and how to set transaction's fees properly. If you learn how all of the above works, then you will not need our assistance.
Thanks to Charles-Tim for submitting your transaction to via-btc and help you accelerate it, but this is something you are supposed to do it by yourself.

I am in crypto for the last 3 years but never think about learning, but now my first experience is good so can you suggest from where I started because you have enough experience, so this could be helpful for them as now I want to involve in this all regularly and try to understand from scratch because I have good profit from this all even doing this all on few exchanges as well.