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Topic: Help,Advice, Opinion needed;Multibit;Unconfirmed transaction;Options (Read 759 times)

newbie
Activity: 2
Merit: 0
Thanks for checking! Many thanks for pointing out to fee settings.
staff
Activity: 3458
Merit: 6793
Just writing some code
It is a fee problem, mostly with MultiBit not using dynamic fees. Go to Preferences > Fees and move the slider towards the "higher" end to increase your fees.

I would recommend using my fee booster: https://bitcointalksearch.org/topic/ann-bitcoin-transaction-fee-booster-1506632 but unfortunately MultBit doesn't support exporting your private keys nor signing raw transactions within the client so you can't use the program to increase your fees.
newbie
Activity: 2
Merit: 0
Hello all,

Ever since I upgraded my Multibit HD client to the latest version 0.3 something happened and the client now creates transactions that become stuck/unconfirmed. It appears to relate to a fee issue. The fee appears to be less than recommended.

After the first transaction became stuck, I created another very small transaction to see if it also would get stuck, and it did.

first transaction: https://blockchain.info/tx/709cd9d93b59a235a743e394602d7ea88ac627f0fbd5a3952c35c61407952595
second test transaction: https://blockchain.info/tx/f8a3d02c9990e034749bae3f2fd25e3f18e017f0482457bf7d6a169317cde7c8

I've done some research, but since I am not an expert could anyone help with giving advice or an opinion on the following?

* Is the fee the issue?
* Is this a Multibit HD client error?
* Do you reckon this transaction is likely to go through?

* Would it actually help if I keep rebroadcasting myself using i.e. https://www.localbitcoinschain.com/tx/send

* Since I use Multibit HD, I cannot create a double spend as I have no access to the private key. Or is there another option to double spend if necessary in the future?

* Also, I cannot create a child pay for parent type transaction as I cannot increase transaction fees on Multibit HD.
- Is it possible to use the HD BIP 32 pass to recreate this wallet in another client?
- is there another applicable HD wallet that can increase transaction fees?

For now I will have to wait to see if it will get confirmed, but I want to save my 75 dollars! Smiley

Thanks for considering!
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