Unconfirmed transaction

[virasog]

Without knowing what fee rate you used or sharing the TX ID here. Members are just making a few guesses here and there on what the problem could be. Search your transaction ID using a wallet explorer and tell us if it says that the transaction is confirmed or not.

You are right that without the TX ID it will be hard for anyone to give the to the point solution.  Also these days the TX fee is very low as OP mentioned he made a transfer a long time back, most probably his transaction must have been confirmed.

I have this 0.00156701 bitcoin from a long time ago - probably doing the clicking to earn bitcoin kind of thing.

The only reason i see that it can still be unconfirmed if he has used 1Sat/vbyte as the fee 

[hosseinimr93]

Also these days the TX fee is very low as OP mentioned he made a transfer a long time back, most probably his transaction must have been confirmed.

OP didn't say the transaction was made a long time ago. OP said that he had some bitcoin from a long time ago and he made a transaction recently.

The only reason i see that it can still be unconfirmed if he has used 1Sat/vbyte as the fee

The fees have become lower in the past days, but it's not that only 1 sat/vbyte transactions couldn't be confirmed. In the past 8 months, no transactions paying less than 3 sat/vbyte as fee have been confirmed normally.

[DubemIfedigbo001]

Before you make a transaction , always do well to check the average fee rate at that  period of time. You. Can make use of MEMPOOL space .

Canceling the transaction simply means you will be spending more on fees since you will have to increase the fees and bump the transaction back to your wallet. Instead you can just bump the fee if you enabled RBF to the exchange address.

I do not know bitcoin core very well, else I would've known the possibility of setting the right fee rate. In electrum, there's a level of fee rate you would set and it would inform you its too low, then you need to increase it if you want your transactions confirmed on time.

Cancelling a transaction is the same process as double spending it to the destination address, you bump the fee and spend it back to your wallet and in the end only enrich the miners and achieve nothing, so its better to bump the fee and send it to the destination address, but in the case of OP, he has literally no spare and he would have to wait for as long as it takes for it to drop back to the wallet if at all it would happen, unless he deposits some coins into the wallet to bump the fee, but in his case it makes no sense since the funds he is sending across is very little.

[New2024]

I'm using Bitcoin Core.
It's an address from long time ago with quite a few transactions (I used to play and participated in a lot of bitcoin marketplace for fun when I was in college). The total transaction total size came up to 17243 bytes. So, even with 1/vKB, transaction fee came up to 0.00017243 BTC. Left the BTC marketplace since then; therefore wallet has a small amount.

When I make the recent transfer out, I used the total amount minus the fee with $0.00000000 left in the wallet. Therefore, RBF (replace-by-fee) or increasing the fee is not an option because the wallet essentially has 0 satoshi left.

I haven't been using / following BTC besides the brief period in the early days (without aging myself) and totally unfamiliar with most of the terminologies. I apologize. Therefore, I'm not sure how else (besides waiting) for the return and re-issue the transaction. Anywhere anyone can point me to request for the return would be great.

Thank you

Cancelling a transaction is the same process as double spending it to the destination address, you bump the fee and spend it back to your wallet and in the end only enrich the miners and achieve nothing, so its better to bump the fee and send it to the destination address, but in the case of OP, he has literally no spare and he would have to wait for as long as it takes for it to drop back to the wallet if at all it would happen, unless he deposits some coins into the wallet to bump the fee, but in his case it makes no sense since the funds he is sending across is very little.

Exactly the situation. Don't know how to thumbs up; but, appreciate the understanding.
Hence, the conundrum. And function of BTC besides an invest-able asset class. The early original idea of replacing fiat is not feasible.

[Kruw]

When I make the recent transfer out, I used the total amount minus the fee with $0.00000000 left in the wallet. Therefore, RBF (replace-by-fee) or increasing the fee is not an option because the wallet essentially has 0 satoshi left.

You can still increase the fee with RBF in this case, it will just reduce the amount received by the destination output. I'm not sure how to do it with Core though, it's a part of the standard speedup behavior in Wasabi Wallet.

[nc50lc]

Cancelling a transaction is the same process as double spending it to the destination address, you bump the fee and spend it back to your wallet and in the end only enrich the miners and achieve nothing, so its better to bump the fee and send it to the destination address, but in the case of OP, he has literally no spare and he would have to wait for as long as it takes for it to drop back to the wallet if at all it would happen, unless he deposits some coins into the wallet to bump the fee, but in his case it makes no sense since the funds he is sending across is very little.

Exactly the situation. Don't know how to thumbs up; but, appreciate the understanding.
Hence, the conundrum. And function of BTC besides an invest-able asset class. The early original idea of replacing fiat is not feasible.

Those set of replies deviated from the original topic and the thread must be referring to Electrum's "cancel transaction"
which isn't the case in Bitcoin Core's "abandon transaction".

In Bitcoin Core, the mentioned right-click menu option on the specific transaction in the 'Transactions' tab will be clickable once it's dropped from your mempool.
That will drop it from your wallet (marked with a trash can icon) and by doing so, the wallet will let you use the UTXOs that it tried spend to another transaction.
That's posted in the first page.
If it's still unavailable:

• Close Bitcoin Core.
• Go to its datadir (if you didn't set a custom datadir: Default Location)
• Delete "mempool.dat" file.
• In the same datadir, open you bitcoin.conf file as text; create one if you don't have one (make sure that the extension is '.conf' and not '.conf.txt')
• Type walletbroadcast=0 and save.
• Start Bitcoin Core and abandon transaction should be available, use it.
• Create a new transaction, after that, close Bitcoin Core, remove walletbroadcast=0, then start Bitcoin Core again.

I got your point on the use-case of main-chain transactions though.
But read my reply to your other topic: https://bitcointalk.org/index.php?topic=5510012.msg64560505#msg64560505