Bitcoin tx not getting confirmed even after paying reasonable fee.

BigBoom3599

sr. member

Activity: 462

Merit: 250

Quote from: 21BTC on December 22, 2016, 07:01:19 AM

Quote from: steven0021 on December 21, 2016, 05:16:15 PM

Quote from: Jack4009 on December 21, 2016, 05:06:37 PM

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

That's no longer the standard fee. There's much more transactions made per day now and blocks are getting full. So to get your transaction included in a block you'll need to bump up the priority by increasing the fee.

What if everyone starts paying high and equal fee then what will happen?

That's why we need a good scaling solution :/ I think the Lightning network could solve this perfectly but it's going to take a while before it's implemented, so for now just pay the proper fee Cheesy

ranochigo

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Quote from: 21BTC on December 22, 2016, 07:01:19 AM

Quote from: steven0021 on December 21, 2016, 05:16:15 PM

Quote from: Jack4009 on December 21, 2016, 05:06:37 PM

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

That's no longer the standard fee. There's much more transactions made per day now and blocks are getting full. So to get your transaction included in a block you'll need to bump up the priority by increasing the fee.

What if everyone starts paying high and equal fee then what will happen?

That won't happen. But I believe the ones that are received first will be included in the block first. It would vary from miner to miner, depending on what internal rule they adopt (eg. not confirming transactions from and to X address).

In reality, everyone is probably going to pay different fees.

21BTC

member

Activity: 75

Merit: 10

Quote from: steven0021 on December 21, 2016, 05:16:15 PM

Quote from: Jack4009 on December 21, 2016, 05:06:37 PM

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

That's no longer the standard fee. There's much more transactions made per day now and blocks are getting full. So to get your transaction included in a block you'll need to bump up the priority by increasing the fee.

What if everyone starts paying high and equal fee then what will happen?

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: steven0021 on December 21, 2016, 05:16:15 PM

Quote from: Jack4009 on December 21, 2016, 05:06:37 PM

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

That's no longer the standard fee. There's much more transactions made per day now and blocks are getting full. So to get your transaction included in a block you'll need to bump up the priority by increasing the fee.

Currently 60 Satoshi per byte should do well. See e.g. -> https://bitcoinfees.21.co/

steven0021

hero member

Activity: 629

Merit: 501

Experientia docet

Quote from: Jack4009 on December 21, 2016, 05:06:37 PM

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

That's no longer the standard fee. There's much more transactions made per day now and blocks are getting full. So to get your transaction included in a block you'll need to bump up the priority by increasing the fee.

Jack4009

newbie

Activity: 5

Merit: 0

Quote from: shorena on December 21, 2016, 04:53:50 PM

Quote from: steven0021 on December 21, 2016, 04:52:56 PM

Quote from: Jack4009 on December 21, 2016, 04:49:56 PM

Tx: https://live.blockcypher.com/btc/tx/ee49cdc4ee133642af4d1102ef2ef467809c401070fe18c13e3c19e6924603d3/

as you can see it's priority is midium and it's been 9 hours already but still it doesn't got even 1 confirm.
Please can any one estimate when or if it will get confirm?

I estimate that it got confirmed 2 minutes ago. Tongue

Yeah it was just confirmed, but 30 satoshi / byte is currently not a "reasonable fee" if you want a fast confirmation.

I though the rule was minimum 0.0001 BTC for 1000 bytes transaction is good fee. i paid 0.0002 BTC for 600 bytes tx.Still took 9 hours to get confirmed.it's kinda wierd.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: steven0021 on December 21, 2016, 04:52:56 PM

Quote from: Jack4009 on December 21, 2016, 04:49:56 PM

Tx: https://live.blockcypher.com/btc/tx/ee49cdc4ee133642af4d1102ef2ef467809c401070fe18c13e3c19e6924603d3/

as you can see it's priority is midium and it's been 9 hours already but still it doesn't got even 1 confirm.
Please can any one estimate when or if it will get confirm?

I estimate that it got confirmed 2 minutes ago. Tongue

Yeah it was just confirmed, but 30 satoshi / byte is currently not a "reasonable fee" if you want a fast confirmation.

steven0021

hero member

Activity: 629

Merit: 501

Experientia docet

Quote from: Jack4009 on December 21, 2016, 04:49:56 PM

Tx: https://live.blockcypher.com/btc/tx/ee49cdc4ee133642af4d1102ef2ef467809c401070fe18c13e3c19e6924603d3/

as you can see it's priority is midium and it's been 9 hours already but still it doesn't got even 1 confirm.
Please can any one estimate when or if it will get confirm?

I estimate that it got confirmed 2 minutes ago. Tongue

Edit:
As said below, your fee is low. Go to this site to see the recommended fee.

Jack4009

newbie

Activity: 5

Merit: 0

Tx: https://live.blockcypher.com/btc/tx/ee49cdc4ee133642af4d1102ef2ef467809c401070fe18c13e3c19e6924603d3/

as you can see it's priority is midium and it's been 9 hours already but still it doesn't got even 1 confirm.
Please can any one estimate when or if it will get confirm?

Topic: Bitcoin tx not getting confirmed even after paying reasonable fee. (Read 627 times)