Thank you for the follow up
Topic: Increased fee... doesn't reflect and reduced amount of btc sent! (Read 148 times)
November 26, 2020, 07:51:51 AM
So after restarting electrum, balance is back to 0.01213365 BTC [-0.0117706 unconfirmed]. Despite cancelling the first transaction through the console, it still seems to be trying to go through. I just want to cancel it and redo the whole transaction
You can cancel the transaction by right-clicking on it and selecting "Cancel TX". I wouldn't do it, though. You will waste a lot of coins on the fees. I have just tried removing one transaction from my wallet and it has worked fine, but I had to wait a few minutes for it to disappear. Since one of the outputs is a change address, you could try using "Bump fee" again from the context menu. The fee will be deducted from that output (0.0001402 BTC) and not from the amount sent to the other person.
So I cancelled the initial transaction again, and finally it actually cancelled like it should have done! Have sent off another transaction with a higher fee and it's already receiving confirmations!
You've been so helpful and I have definitely learnt a lot more about how to go about unsticking transactions.. Thank you!
November 26, 2020, 07:46:08 AM
So after restarting electrum, balance is back to 0.01213365 BTC [-0.0117706 unconfirmed]. Despite cancelling the first transaction through the console, it still seems to be trying to go through. I just want to cancel it and redo the whole transaction
You can cancel the transaction by right-clicking on it and selecting "Cancel TX". I wouldn't do it, though. You will waste a lot of coins on the fees. I have just tried removing one transaction from my wallet and it has worked fine, but I had to wait a few minutes for it to disappear. Since one of the outputs is a change address, you could try using "Bump fee" again from the context menu. The fee will be deducted from that output (0.0001402 BTC) and not from the amount sent to the other person.
November 26, 2020, 07:40:22 AM
In such a case, Electrum should have used RBF to send all of those coins back to you. Does any transaction show up in the "History" tab after you have restarted Electrum?
Thank you so much for your help and patience by the way, I do appreciate it
So after restarting electrum, balance is back to 0.01213365 BTC [-0.0117706 unconfirmed]. Despite cancelling the first transaction through the console, it still seems to be trying to go through. I just want to cancel it and redo the whole transaction
November 26, 2020, 07:17:18 AM
So all my transactions in the history tab have just vanished.... and my account balance has gone from 0.01213365 BTC [-0.0117706 to unconfirmed] to : 0.00022285 BTC [+0.0001402 unconfirmed]...
0.01213365 BTC minus 0.0117706 BTC is the same as 0.00022285 BTC plus 0.0001402 BTC. Nothing went wrong here. Your funds are safe. I don't get why your whole transaction history would disappear, though. It sounds like a synchronisation problem to me. I would try relaunching Electrum so that it could connect to a different server.
Safe to say Im really scared. I just cancelled the transaction, but now a significant amount of btc is gone. No other transactions are in progress either.
In such a case, Electrum should have used RBF to send all of those coins back to you. Does any transaction show up in the "History" tab after you have restarted Electrum?
November 26, 2020, 07:12:21 AM
As ranochigo has pointed out, the other output in the transaction (0.0001402 BTC) is your change. Electrum should deduct the additional fee from that output and not from what you sent to the other person. What fee did you set using the RBF slider?
So all my transactions in the history tab have just vanished.... and my account balance has gone from 0.01213365 BTC [-0.0117706 to unconfirmed] to : 0.00022285 BTC [+0.0001402 unconfirmed]...
Safe to say Im really scared. I just cancelled the transaction, but now a significant amount of btc is gone. No other transactions are in progress either.
November 26, 2020, 07:03:53 AM
However my wallet still shows, 0.01213365 BTC [-0.0117706 unconfirmed], [...] Im not sure how there are 2 outputs, literally all ive done is broadcast a transaction, increased the fee once, and then cancelled it. I'm so confused
As ranochigo has pointed out, the other output in the transaction (0.0001402 BTC) is your change. Electrum should deduct the additional fee from that output and not from what you sent to the other person. What fee did you set using the RBF slider?
November 26, 2020, 07:01:39 AM
So I have entered that, which seemed to work. However my wallet still shows, 0.01213365 BTC [-0.0117706 unconfirmed], and when I try to send the exact amount I initially sent, I get an insufficent funds notification.
It's not exactly instantaneous, took me a few minutes when I tried doing it last time. Give it a few minutes and it should disappear but do not restart your Electrum.Im not sure how there are 2 outputs, literally all ive done is broadcast a transaction, increased the fee once, and then cancelled it. I'm so confused
It's a change address. The remaining Bitcoins that aren't sent to the recipient are sent to your own address. November 26, 2020, 06:57:08 AM
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By the way, I can see that your transaction has two outputs. Isn't one of them a change address?
By the way, I can see that your transaction has two outputs. Isn't one of them a change address?
So I have entered that, which seemed to work. However my wallet still shows, 0.01213365 BTC [-0.0117706 unconfirmed], and when I try to send the exact amount I initially sent, I get an insufficent funds notification.
Im not sure how there are 2 outputs, literally all ive done is broadcast a transaction, increased the fee once, and then cancelled it. I'm so confused
November 26, 2020, 06:46:22 AM
Hello, so I keep getting SyntaxError:invalid syntax after trying the console a few times. I won't lie Im still relatively new with electrum and this is the first case where I have had to bump my fee. Is there another way to cancel the transaction and send it through again?
Sorry, my bad. You should put the transaction id between inverted commas. wallet.remove_transaction("0ea2a8759bf28adf20dc6a0c8c20d27a7ae047b69fb6c24782016a4d0aa51be8")
By the way, I can see that your transaction has two outputs. Isn't one of them a change address?
November 26, 2020, 06:43:32 AM
I want this transaction to go through asap, but I don't want to use the increase fee function if it keeps taking money from the amount I'm trying to send/not reflecting... Please can anyone help?
You have to replace your transaction manually. Enable the console by selecting "View -> Show Console". Select "Console" tab and enter wallet.remove_transaction(0ea2a8759bf28adf20dc6a0c8c20d27a7ae047b69fb6c24782016a4d0aa51be8). Now, you should be able to spend the same funds again. You can also enable the "Coins" tab and select the same input to make sure that your transaction will be replaced correctly.
Hello, so I keep getting SyntaxError:invalid syntax after trying the console a few times. I won't lie Im still relatively new with electrum and this is the first case where I have had to bump my fee. Is there another way to cancel the transaction and send it through again?
November 26, 2020, 06:35:44 AM
I want this transaction to go through asap, but I don't want to use the increase fee function if it keeps taking money from the amount I'm trying to send/not reflecting... Please can anyone help?
You have to replace your transaction manually. Enable the console by selecting "View -> Show Console". Select "Console" tab and enter wallet.remove_transaction(0ea2a8759bf28adf20dc6a0c8c20d27a7ae047b69fb6c24782016a4d0aa51be8). Now, you should be able to spend the same funds again. You can also enable the "Coins" tab and select the same input to make sure that your transaction will be replaced correctly.
November 26, 2020, 06:28:10 AM
Transaction ID = 0ea2a8759bf28adf20dc6a0c8c20d27a7ae047b69fb6c24782016a4d0aa51be8
I've been trying to broadcast a transaction with a higher network fee (currently at 65.6/bytes). Whenever I try to increase the fee on electrum, it reduces the amount I am sending to the payee as opposed to reducing my electrum balance. What's more is that the fee rate hasn't even increased?! It's stuck at 65.5/bytes even though I tried bumping. It just keeps getting further away from the tip of the mempool (from 3mb to 5mb).
I want this transaction to go through asap, but I don't want to use the increase fee function if it keeps taking money from the amount I'm trying to send/not reflecting... Please can anyone help?
I've been trying to broadcast a transaction with a higher network fee (currently at 65.6/bytes). Whenever I try to increase the fee on electrum, it reduces the amount I am sending to the payee as opposed to reducing my electrum balance. What's more is that the fee rate hasn't even increased?! It's stuck at 65.5/bytes even though I tried bumping. It just keeps getting further away from the tip of the mempool (from 3mb to 5mb).
I want this transaction to go through asap, but I don't want to use the increase fee function if it keeps taking money from the amount I'm trying to send/not reflecting... Please can anyone help?
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