large transaction set to max fee bitcoin core

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: whyyyyy on May 12, 2017, 11:37:08 PM

Thank you for your help, it seems like I have to "restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction". in order to abandon those old transactions. But I have no idea how to restart with -walletbroadcast=0

The easiest way for me is to run Bitcoin Core with -zapwallettxes. It will abandon all unconfirmed transactions that the client has sent and you can script another transaction.

To do this, you have to run Bitcoin Core with the flag -zapwallettxes. You can do this via your command prompt. Assuming you didn't change the installation directory, these are the sample commands. Choose the one accordingly.

Code:

C:\Program Files\Bitcoin\bitcoin-qt.exe -zapwallettxes
C:\Program Files (x86)\Bitcoin\bitcoin-qt.exe -zapwallettxes

Note that you should wait for a day or two and ensure that majority of the network has forgotten about your transaction. Else, your newly constructed transaction will not propagate well.

whyyyyy

newbie

Activity: 10

Merit: 0

Thank you for your help, it seems like I have to "restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction". in order to abandon those old transactions. But I have no idea how to restart with -walletbroadcast=0

that being said, all 3 transactions now have 2 confirmations so I guess they are going to go through. If you could still answer my questions for future reference I would appreciate it. Thanks again!

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Ok, I have pushed your transaction, and I see why it is delayed and has poor propagation.

Your transaction spends from two unconfirmed transactions: https://blockchain.info/tx/a9d008e6a80806670f8c3d0f3404e87ff19f81e71ef9601fc7c4fd6ccf28f48b and https://blockchain.info/tx/81890605cf42773aefa766964862973ded4d8746f2a7d2656412c064c7d68d37. Your transaction cannot confirm until these two transactions confirm as well. However, both of these transactions only pay a transaction fee of 10 sat/byte, which is way less than the 270 sat/byte fee rate recommended by https://bitcoinfees.21.co/. Since the fee rate of those two transactions is so low, most nodes have removed them from their mempools, and because of that, they cannot accept your transaction since they don't have these two unconfirmed transactions.

Read https://bitcointalksearch.org/topic/all-about-stuck-transactions-and-what-you-can-do-to-fix-them-1802212 for what you can do about these three unconfirmed transactions. Note that doing anything to just your high fee unconfirmed transaction is not going to help, you need to get the other two low fee unconfirmed transactions to confirm too, otherwise yours will not be able to confirm.

whyyyyy

newbie

Activity: 10

Merit: 0

0200000003378dd6c764c0126465d2a7f246874ded3d9762489666a7ef3a7742cf0506898100000 0006a47304402206c9862e4d1494d239075360a76727de957888a474258ddbc0079e3e54de095e5 02201c62a1517dc710034816b17862937eb8db70e2a516ac5ddffb87a71eb0298c7e012102836b6 2a675dd4d04095ac0cd0d6016ee8f2824359f648237a051282ee25e2f72feffffff306ea452a72c 1b585974367ec74fc2de8b096499e181e2bdc898676e52f16f500e0000006a473044022039e6dde 93ae77362df47b832f85a09d72df263b00debc89e51e912847d28f892022063d0f6e0b826dfae86 f9fd06def7dafba9aa53d0722311950a307bff741d0f1e012103aa658244b7097ae98bd9982dbbb e458e0dcd83180261128d3ca3661e0ab315a5feffffff8bf428cf6cfdc4c71f60f91ee7819ff17f e804340f3d8c0f670608a8e608d0a9010000006b4830450221008b54da51cf0237e8608aa0c2bba f778a055dbb9cec62de928b1038d5d5989929022030b1679e761b4982208ee4c0e53260459760aa efd7ef56cae514612d8b9fbe4e012102efd3322061e451f733604735eeb9d401774c0e519ae3b01 b3bd88848e294fc46feffffff017e59063f0000000017a9141e4c23d0a1038424452ed3923cc265 20f88ad71f87ca1c0700

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

In the transactions list, right click the transaction and choose "Copy Raw Transaction". Then paste what was copied into a post here. That is the raw hex of the transaction itself and posting it will allow people here to rebroadcast the transaction for you so that the network actually sees it. The problem is likely due to poor propagation of the transaction as I am unable to find it both on block explorers and on my own node.

whyyyyy

newbie

Activity: 10

Merit: 0

591b9bff39d377f0d5cc568ed06c5f381d8448cf6960199402b9bf6a16e14d66

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Please post the transaction id of the transaction.

whyyyyy

newbie

Activity: 10

Merit: 0

Hi guys I just sent a large transaction a couple of hours ago using bitcoin core, i used the maximum recommended fee, its not even showing up on blockchain. is there anything i can do to move it along, any help is much appreciated

Topic: large transaction set to max fee bitcoin core (Read 607 times)