Little problem with Electrum | Bitcointalksearch.org

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: bL4nkcode on February 10, 2017, 08:34:39 PM

Quote from: paja93 on February 10, 2017, 08:27:01 PM

On screenshoot you can see that i set slider to 5 blocks and fee is about 0.001. It's that normal?

Yes I guess it's just normal and it's not necessary to have that amount(0.001) for your transaction fee, 0.0002 - 0.0004 and above is okay, and it will be confirmed after 1-2 hours. So you don't need to worry about it.

Yes. I think something like 0.0007BTC is recommended for a confirmation after 5 blocks (50 minutes).

If anyone's interested, the formula for transaction confirmation rate is something like (maturity of transaction*fee/age) meaning that if the fee is halved, it can be added the block after the initial one. So 0.001BTC would get it in the 2nd block instead of the 0.002BTC that gets in the first.

Quote from: paja93 on February 10, 2017, 08:33:29 PM

Wow 5 confirmations on all 3 transactions Shocked

Thank you my brother, i will find out later about fees..

Glad to know it worked! If you have any more questions feel free to ask them.

paja93

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Thanks to all Grin

bL4nkcode

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Quote from: paja93 on February 10, 2017, 08:27:01 PM

On screenshoot you can see that i set slider to 5 blocks and fee is about 0.001. It's that normal?

Yes I guess it's just normal and it's not necessary to have that amount(0.001) for your transaction fee, 0.0002 - 0.0004 and above is okay, and it will be confirmed after 1-2 hours. So you don't need to worry about your next transaction.

paja93

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Wow 5 confirmations on all 3 transactions Shocked

Thank you my brother, i will find out later about fees..

paja93

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Activity: 73

Merit: 10

On screenshoot you can see that i set slider to 5 blocks and fee is about 0.001. It's that normal?

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 07:54:11 PM

So if slider is on about here http://prntscr.com/e77gzx fee will be about 0.001 for every transaction i made?

Yes, but that's adding it to the immediate next block (or with a high likeliood to do so). I don't think there is a point to set the fees so high, if you move it down a tiny amount to say "5 blocks" then it'll be a little cheaper (I think).

Quote from: paja93 on February 10, 2017, 07:55:42 PM

Also,what is point then to check "Use dynamic fees" o.O

Use dynamic fee means that it changes with the network.
Your current fee changes with the network now as that is selected.
This figure is based on lots of things suh as averages for a specific amount of times and the likelihood of transactions being included in blocks. If the average transaction fees used are 0.002BTC instead of 0.001BTC then dynamic fees for the maximum fee will be moved up to 0.002BTC. The others are calculated from how miners mine blocks (whcih takes into consideration the age of a transaction and the fee included with it). :'

paja93

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Also,what is point then to check "Use dynamic fees" o.O

paja93

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So if slider is on about here http://prntscr.com/e77gzx fee will be about 0.001 for every transaction i made?

jackg

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Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 07:47:19 PM

I found a videos on youtube but everything is with older versions and they seems more simpler to me..

See screenshoot below, so dynamic fee is checked and when slider is on the left side it show this.
http://prntscr.com/e77ed1

I think that i send this transactions with same settings and how you can see, it's very very slow :/

AHA! 25 blocks is the minimum that you can get it to (I think based on the app).
Slide it to the the other side and it should make your transaction much faster (you want it to be within the first 5 blocks - around 50 minutes). More expensive to put it in the first block and people expect transactions to take about that time to confirm normally sometimes.

paja93

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Activity: 73

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I found a videos on youtube but everything is with older versions and they seems more simpler to me..

See screenshoot below, so dynamic fee is checked and when slider is on the left side it show this.
http://prntscr.com/e77ed1

I think that i send this transactions with same settings and how you can see, it's very very slow :/

jackg

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Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 07:24:35 PM

I did that, for now 5 hours with 0 confirmations.
Can you help me to set up fee slider for next transactions?

I'm not sure how you'd do it on the newer version of electrum in order to set upthe fee slider to wrok better.
However, if you set the transaction fee to be a set amount per KB then the amount you need to set is around 0.0005BTC per KB.
That'd be for a fairly quick conformation (one in a few blocks - 60 mins max).
Unless you uncheck and recheck the dynamic fee settings or move the slider back to it's original point. You could also try reinstalling the software (or just wait to see if a more advanced member who can navigate the software better sees your post).

paja93

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Activity: 73

Merit: 10

I did that, for now 5 hours with 0 confirmations.
Can you help me to set up fee slider for next transactions?

jackg

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Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 06:45:50 PM

No, i just want to send bitcoins regulary with normal speed, this is really too long and maybe it's my fault.
I move that slider to left for no reason... i think it can be that.
I hope that they will be sended for few hours, because it's important

Did you use the accelerator I suggested? That'll probably do it and wll get it confirmed within around 3 hours.
Maybe it was just an error that occurred, how long have the transactions taken so far to confirm?

paja93

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Activity: 73

Merit: 10

No, i just want to send bitcoins regulary with normal speed, this is really too long and maybe it's my fault.
I move that slider to left for no reason... i think it can be that.
I hope that they will be sended for few hours, because it's important

jackg

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Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 06:37:10 PM

I don't understand this part "The electrum client still thinks that you want to send your transactions manually."

I didn't changed "Use dynamic fees" option, it was checked always.
Now i restarted computer and this is how it is, so to don't touch that anymore?
http://prntscr.com/e76qke

I meant it probably still thinks you want to set the fee manually.
However, I have no idea what that is doing and will grab the latest downoad of electrum and see if I can find the problem there as there doen't appear to be a problem with the transaction fee setting anymore.

paja93

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Activity: 73

Merit: 10

I don't understand this part "The electrum client still thinks that you want to send your transactions manually."

I didn't changed "Use dynamic fees" option, it was checked always.
Now i restarted computer and this is how it is, so to don't touch that anymore?
http://prntscr.com/e76qke

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 06:22:07 PM

Yes i am.
From the beginning that feature is turned on. I never change that, i just move a slider i think..
when i sent a bitcoins it was somewhere here.. http://prntscr.com/e76knl

The electrum client still thinks that you want to send your transactions manually. Restart your computer and try it again (after shutting down the electrum wallet - unless you've already done this since changing the preferency settings).
IF you hover over part of the pointer, does it give a percentage - if it does, move the slider up to 100%.

Also, you can use this acceleration I think with your transactions: https://www.viabtc.com/tools/txaccelerator/ for the transactions you want acclerating [should confim between 1-3 hours]

paja93

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Activity: 73

Merit: 10

Yes i am.
From the beginning that feature is turned on. I never change that, i just move a slider i think..
when i sent a bitcoins it was somewhere here.. http://prntscr.com/e76knl

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: paja93 on February 10, 2017, 06:16:59 PM

It is on "Use dynamic fees".
Screenshoot: http://prntscr.com/e76ino

Have you restarted the computer/electrum client since?
Sometimes it might take the session of use of it to end before it can load the preference properly? And it won't apply to transactions already sent.

paja93

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Activity: 73

Merit: 10

It is on "Use dynamic fees".
Screenshoot: http://prntscr.com/e76ino

Topic: Little problem with Electrum (Read 861 times)