Need Help Please *Unconfirmed Transactions*

J3acksd

newbie

Activity: 5

Merit: 0

Quote from: achow101 on February 07, 2017, 09:51:12 AM

Quote from: J3acksd on February 07, 2017, 09:03:17 AM

Thank you sir for all your help i will keep this in mind, my transaction has 3 confirmations now but i need at least 6 confirmations to be able to withdraw, i guess i just have to keep waiting

The only part that depends on the fee is the first confirmation. Each confirmation after the first just means that that many blocks - 1 have been built on top of the block which includes your transaction. Those confirmations should come every 10 minutes or so as that is on average how long it takes for a block to be mined.

Oh i didn't know that, yeah its went 6 confirmations after 30 minutes, thank you a lot for your help sir, i mean that
my paranoia was over nothing, everything has been confirmed now, yay.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: J3acksd on February 07, 2017, 09:03:17 AM

Thank you sir for all your help i will keep this in mind, my transaction has 3 confirmations now but i need at least 6 confirmations to be able to withdraw, i guess i just have to keep waiting

The only part that depends on the fee is the first confirmation. Each confirmation after the first just means that that many blocks - 1 have been built on top of the block which includes your transaction. Those confirmations should come every 10 minutes or so as that is on average how long it takes for a block to be mined.

J3acksd

newbie

Activity: 5

Merit: 0

Quote from: achow101 on February 06, 2017, 11:43:17 PM

Quote from: J3acksd on February 06, 2017, 11:11:50 PM

Okay, thank you a lot man, i will contact them
as a reference for my next transaction so i don't have this problem, what wallet should i use and what fees do you recommend
Thank you again.

Well any wallet that has Dynamic fees should be fine. Personally I use Bitcoin Core and Armory but that requires syncing the entire blockchain so that may not be very good for you. Otherwise, I recommend using Electrum. However, IIRC Electrum might have the same fee cap issue as blockchain.info, so you may have to set the fee rate manually. For setting the fee rate, you can use sites like http://bitcoinfees.21.co/ and https://bitcoinfees.github.io/ to see what the optimal fee rate is and set that for the fee rate in your wallet before each transaction. The best fee rate will constantly change as the network state changes, so you can't have a fixed fee that will always work.

Note that those sites use satoshis/byte but most wallets do BTC/kB. You need to convert the number you get from those site by dividing the amount by 100000 and that will get you the fee rate in BTC/kB.

Thank you sir for all your help i will keep this in mind, my transaction has 3 confirmations now but i need at least 6 confirmations to be able to withdraw, i guess i just have to keep waiting

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: J3acksd on February 06, 2017, 11:11:50 PM

Okay, thank you a lot man, i will contact them
as a reference for my next transaction so i don't have this problem, what wallet should i use and what fees do you recommend
Thank you again.

Well any wallet that has Dynamic fees should be fine. Personally I use Bitcoin Core and Armory but that requires syncing the entire blockchain so that may not be very good for you. Otherwise, I recommend using Electrum. However, IIRC Electrum might have the same fee cap issue as blockchain.info, so you may have to set the fee rate manually. For setting the fee rate, you can use sites like http://bitcoinfees.21.co/ and https://bitcoinfees.github.io/ to see what the optimal fee rate is and set that for the fee rate in your wallet before each transaction. The best fee rate will constantly change as the network state changes, so you can't have a fixed fee that will always work.

Note that those sites use satoshis/byte but most wallets do BTC/kB. You need to convert the number you get from those site by dividing the amount by 100000 and that will get you the fee rate in BTC/kB.

J3acksd

newbie

Activity: 5

Merit: 0

Quote from: achow101 on February 06, 2017, 11:04:27 PM

Quote from: J3acksd on February 06, 2017, 10:43:35 PM

Thank you for responding to me, i'm using blockchain.info as my wallet, i heard they offer dynamic fees that why i didn't set a manual one, i understand i made a mistake now, anything i can do?

IIRC Blockchain.info sets a maximum fee rate of 65 satoshis/byte, even if the recommended dynamic fee rate is much higher than that.

Unfortunately Blockchain.info does not provide enough advanced utilities to do option 3. Your only options are to wait or ask a miner for help. I suggest that you contact the two users I linked above.

Okay, thank you a lot man, i will contact them
as a reference for my next transaction so i don't have this problem, what wallet should i use and what fees do you recommend
Thank you again.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: J3acksd on February 06, 2017, 10:43:35 PM

Thank you for responding to me, i'm using blockchain.info as my wallet, i heard they offer dynamic fees that why i didn't set a manual one, i understand i made a mistake now, anything i can do?

IIRC Blockchain.info sets a maximum fee rate of 65 satoshis/byte, even if the recommended dynamic fee rate is much higher than that.

Unfortunately Blockchain.info does not provide enough advanced utilities to do option 3. Your only options are to wait or ask a miner for help. I suggest that you contact the two users I linked above.

J3acksd

newbie

Activity: 5

Merit: 0

Quote from: achow101 on February 06, 2017, 10:40:49 PM

There are a few problems here.

Your third transaction depends on the first transaction, it cannot confirm until the first one does.

You have paid a low transaction fee on your transactions, ~65 satoshis/byte for the 2nd and third and ~55 satoshis/byte on the first. According to https://bitcoinfees.github.io/#30m the current recommended fee is ~140 satoshis/byte.

You have a few options here. You can wait and hope it confirms, wait for the transaction to be "forgotten" by the network, attempt a double spending transaction that pays a higher fee, or ask a miner to confirm it for you.

For the third option, we need to know what wallet software you are using.

For the fourth option, you can contact the users Quickseller and macbook-air.

Thank you for responding to me, i'm using blockchain.info as my wallet, i heard they offer dynamic fees that why i didn't set a manual one, i understand i made a mistake now, anything i can do?

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

There are a few problems here.

Your third transaction depends on the first transaction, it cannot confirm until the first one does.

You have paid a low transaction fee on your transactions, ~65 satoshis/byte for the 2nd and third and ~55 satoshis/byte on the first. According to https://bitcoinfees.github.io/#30m the current recommended fee is ~140 satoshis/byte.

You have a few options here. You can wait and hope it confirms, wait for the transaction to be "forgotten" by the network, attempt a double spending transaction that pays a higher fee, or ask a miner to confirm it for you.

For the third option, we need to know what wallet software you are using.

For the fourth option, you can contact the users Quickseller and macbook-air.

J3acksd

newbie

Activity: 5

Merit: 0

I sent my money from blockchain to advcash so i can withdraw but its been taking too long, i dont know if advcash gonna drop it or not
https://blockchain.info/tx/01ac03acb4652b951c7cbb2d4c46a43f31f0664d6f2e930f33e84c8acef0a437
https://blockchain.info/tx/8b520cb1265cadf2e73a49507998ca44ea183ea3ac233b7fe02a6f0b27306e73
https://blockchain.info/tx/90b70dd9c9aacf37d89e25f2f54a389772510b4cc4138e8b13bba9b23fd58fea
I appreciate anyone who wants to help me..Thank you.

Topic: Need Help Please *Unconfirmed Transactions* (Read 941 times)

Topic: Need Help Please Unconfirmed Transactions (Read 941 times)