Hello,
I have a transaction of around 4BTC pending for already over 24 hours. It is via Electrum wallet. I'm not very familiar with Bitcoins. Is there somebody who can help me and somehow prioritize my transaction so that it will get processed soon?
After this I will for sure switch to a different wallet because this is already the 2nd time this happened to me.
Would somebody be so kind to help me out this one more time?
And secondly, what wallets are recommended to use for the future?
Are you using the latest Electrum 2.8.2? I have a hard time believing properly set up Electrum would ever send a transaction with a 50 sat/byte fee.
Make sure you are using latest Electrum. If not upgrade. Then under settings enable dynamic fees and replace by fee. When you send a transaction always move the fee slider to high and also check the box marked replaceable. Then if the transaction gets stuck you can click on it and bump the fee up. Don't try to do fees manually, just follow my instructions and you will be fine in the future. I pushed your txid and you should have a confirmation in a few hours. No need to change to a different wallet. Just learn how to use Electrum properly before you put four (!) bitcoin at risk again.
Well to be honest I installed Electrum 1 year and 3 months ago (version 2.5.2 it shows) and never changed or updated it. I always had some BTC in it and was scared that those funds would get lost somehow during an upgrade or so. Still, even with these low set fees my last 5 transactions all went through fairly smoothly within some hours.
Thanks a lot for pushing my transaction up! It's currently still pending but I trust that tomorrow it will be processed.
And what do you mean about putting my BTC at risk? I mean, it would get processed at some point anyway, right? Or there are tricks to reverse the transaction in the worst case I heard. So I would never lose the BTC for real.
Either way, I will follow your advice and when my transaction is processed and my wallet is empty I will upgrade to a newer version of Electrum.