Author

Topic: Multibit wallet problem (Read 629 times)

newbie
Activity: 19
Merit: 0
May 31, 2017, 12:21:47 AM
#7
Guys thank you so much for all this info,

I'll be honest and say that stupidly I have no idea what my seed words are as i bought this 4 years ago and knew barely anything on how to look after it properly.

To be fair I think after reading and trying to understand your suggestions that it's probably not worth trying to recover this bitcoin as it seems like a long shot to be able to do so.

From what I understand I had it in a very outdated wallet that hasn't kept up with the times.

I dont really understand blockchains and all these keys and how to follow transactions, kinda but not really. I also don't quite understand how long to not open multi bit HD to make sure the transaction has dropped off? I guess that won't really matter now as I dont have the seed words to find it through another wallet.

Anyway thanks for all your help,
HCP
legendary
Activity: 2086
Merit: 4361
May 27, 2017, 11:16:37 PM
#6
Ahhh MultiBit HD... ok... that is slightly different... You can't just export keys out of MultiBit HD and most other "decent" wallets are not compatible with MultiBit HD seeds.

I believe that MultiBit HD also rebroadcasts transactions... so same thing, shut it down and don't use it until the transactions have dropped completely. Use several different block explorers like blockchain.info, blockcypher, blockr.io, btc.com, blocktrail etc to make sure you transaction is gone. Don't open the wallet!

Once it drops, if you have an iOS or Android device, you can then try restoring your seed into Breadwallet... (if you have an older Android and Breadwallet doesn't work, also try "Simple Bitcoin Wallet"). Once it is all sync'd up, you should find that you can access your coins.

I don't recommend (or vouch for) either of these wallets as long term solutions, so what you should do is setup up a new HD wallet of your choice (like Electrum) and send your coins with proper fees from Breadwallet (or Simple Bitcoin Wallet) to your Electrum wallet.

There is another option to extract the private keys from your MultiBit HD wallet... either manually using an offline copy of https://iancoleman.github.io/bip39/ or using my python scripts here: https://github.com/HardCorePawn/multibit_recovery

Once you have all the private keys, you could import/sweep them into another wallet to access your coins. This method is a lot more technical/time consuming than using Breadwallet/Simple Bitcoin Wallet.
newbie
Activity: 19
Merit: 0
May 27, 2017, 07:23:42 PM
#5
Thanks so much for your info,

Ok, I will get rid of Multibit HD.... This is the wallet I've been using.

I kind of understand your corrective actions, but how do I get rid of multiunit and use electrum while the bitcoin is stuck in multiunit HD??

Should I just not keep opening mutibit HD and checking to see if its cleared??

Is there anyway I can offer someone some of the bitcoin I have if they can fix this for me??

I just went to the mocacinno website but to be honest its all over my head how to use it


Thanks once again for all your help and reply Smiley
HCP
legendary
Activity: 2086
Merit: 4361
May 27, 2017, 07:13:43 PM
#4
Firstly, this link i posted was for a transaction after I sent the original one to localbitcoins.... I'm assuming its been setup by them to return the bitcoin as it couldn't clear.
No, they don't send anything back... what happens is that if you transaction takes too long to confirm the network will just drop your transaction and it will be like it never existed. This used to take around 72 hours, but because of the massive transaction backlog these days of around 150,000+ unconfirmed transactions, it can now be as long as 14 days! Shocked


Quote
Yes it say's 5 days ago......but here is some of the script when I emailed them regarding why the transaction was taking so long.
The link I posted above is the only info that I can find in my multibit account regarding outgoing transfers.
Your wallet has probably rebroadcast the transaction after it dropped. This is why it looks like it was only sent a couple of days ago. To prevent this reoccuring, you need to shut multbit down and don't open it again until the transaction has confirmed!

Quote
I'm extremely puzzled by how all this works, but hopefully by setting my fee default to medium rather than low i won't encounter this situation again......
Unfortunately, multibit Classic is very old, outdated and no longer supported by the developers who wrote it. The fee levels that are hardcoded into the application no longer match the current environment. Even if you used the highest setting, it would probably not match the recommended fees and your transaction(s) will get stuck Sad

You need to move to a different wallet. I would suggest Electrum, it is actively developed and maintained and has a "Dynamic Fees" system which automatically adjusts to the network to help prevent stuck transactions.

Your transaction only has a fee of ~14 sats/byte... The current recommended fees are much higher:

The fastest and cheapest transaction fee is currently 330 satoshis/byte
The current best transaction fees 246 Satoshis/byte | 0.00246 BTC/KB

So you have a couple of options:

1. Do nothing... your transaction will either confirm (VERY unlikely) or it will get dropped again.

2. Goto this link: http://www.mocacinno.com/feecheck.php?txid=9f68e4e761077ce77b1d3d59033e1f0985d235be09b69385465f1eee8a874ab2

It has a number of options available to you for getting your transaction confirmed (both free and paid options). I would recommend the ViaBTC TX Accelerator. It is very busy, so you'll probably have to try several times to get it to work.

Whatever route you go, I suggest you stop using MultiBit Classic and switch to another wallet (Don't use MultiBit HD tho, it has a serious bug at the moment)... otherwise your transactions will continue to get stuck.
newbie
Activity: 19
Merit: 0
May 27, 2017, 06:27:05 PM
#3
Thanks for your reply Dr Charles,

Firstly, this link i posted was for a transaction after I sent the original one to localbitcoins.... I'm assuming its been setup by them to return the bitcoin as it couldn't clear.

Yes it say's 5 days ago......but here is some of the script when I emailed them regarding why the transaction was taking so long.

The link I posted above is the only info that I can find in my multibit account regarding outgoing transfers.

I'm extremely puzzled by how all this works, but hopefully by setting my fee default to medium rather than low i won't encounter this situation again......

That's if I can ever get the bitcoin back!!

The below copied and pasted transcript was 14 days ago.... The link in my first message was 5 days ago... How can this be if I sent the bitcoin 3 weeks ago?



Hi,

I transferred Bitcoin to my wallet marked....

19m2ZuthojBhr575bhZPuSTeQsiHovCcVr

It's been more than four days and still hasn't cleared.... I'm new to this and may have not offered enough commission to the miners to process the transaction. How do I get the transaction cleared???

Thank you for your time


Simon



Hi!

I'm really sorry but your transaction was sent with a transaction fee that is too low. This means that your transaction will either not be confirmed OR that it will take a long time (possibly several days). After three days the transaction will be sent back to the sender and it can be sent again.

You can read this blogpost to learn more about transaction fees: https://localbitcoins.com/blog/rising-tx-fees/

---
Best regards,
LocalBitcoins.com



Hi,

I sent Bitcoin to this address on your website over a week ago and it still hasn't cleared or been sent back to the address I sent it from... Can you please tell me how I either get it cleared or how I get it off back to the original wallet so I can resend it through to my local Bitcoin wallet

1MGRxnjGDVLV5e7K6JB6fd3JJa594EqMja


Thank you


Simon



Hi!

Please contact the sending wallet.


---
Best regards,
LocalBitcoins
legendary
Activity: 1708
Merit: 1080
May 27, 2017, 05:41:09 PM
#2
Forgive me I am little confused... You say you sent the transaction 3 weeks ago? That transaction time stamp reflects only 5 days ago? Can you share your wallet address that you sent it from as well as the one you are sending it to?

Alternate options might be to use services like viabtc to push the transaction. I mean with the increased bitcoin activity over the last few weeks there is some lag in processing bitcoin transaction but it is not a 5 day lag. I will be happy to help if I can though.
newbie
Activity: 19
Merit: 0
May 27, 2017, 05:34:10 PM
#1
Hi,

I'm new to bitcoin and only have a small amount (0.33)

I have a multibit wallet and recently tried to send what was in the wallet to localbitcoins to sell my share.

This happened almost 3 weeks ago and It hasn't arrived at localbitcoins or returned to my multiunit wallet.

Upon reading some forums I checked the fee section of my multibit wallet and noticed that the fees were set by default to the lowest amount.

I've since changed this but can't find a way to add more of a fee to the current transaction that is sitting dormant somewhere now.

Is there any trick or way that I can get this transaction reversed back to multibit? 

Also, its not saying there transaction is unconfirmed on my mutibit wallet?? It just has this.....

https://blockchain.info/tx-index/9f68e4e761077ce77b1d3d59033e1f0985d235be09b69385465f1eee8a874ab2

Any help on how I can fix this issue would be greatly appreciated

Thanks


Simon
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