Transaction still unconfirmed after 3 days

HCP

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Quote from: Lucius on February 12, 2021, 06:27:03 AM

It’s not easy to get into just 100 transactions that are accepted every hour because probably thousands of people are trying to speed up their transaction, and the opportunity to do so only takes a few seconds. What many don't pay attention to is that Via requires a certain minimum fee to accept the transaction - which is why many claim that the whole thing doesn't work.

It should also be noted that ViaBTC are calculating the min fee as 10 sats/byte... NOT as 10 sats/vbyte...

Which can be problematic for folks using SegWit addresses... as their wallet might say 10 sats/byte... but in reality they mean 10 sats/vbyte... which, if you're using SegWit, will result in a lower fee in sats/byte and putting you below the min fee rate for ViaBTC Undecided

Findingnemo

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Quote from: Sauaba on February 11, 2021, 01:28:26 PM

Thanks.

Done. Lets wait now.

Confirmed now? AFAIK, the fee required to get included into the block never came down below 100sats/byte which means the transaction is still supposed to be in the unconfirmed status I guess.

@OP, never use the ETA or Static feature while choosing the fee in electrum, tap it to Mempool which gives exact fee required to included your transaction in the different blocks when sliding down the bar.

And also cross check the fee here : https://txfee.org/#

Lucius

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Quote from: suzanne5223 on February 12, 2021, 05:20:01 AM

What happens is that I have to wait for some hours before my transaction was accepted by them due to their hourly limit, in the end, the transaction was not mine by them and it hurt cause I have spent some hours before locking in the tx though it happens long ago but will try out whenever I have stuck tx cause people are making a positive comment about there services this day

It’s not easy to get into just 100 transactions that are accepted every hour because probably thousands of people are trying to speed up their transaction, and the opportunity to do so only takes a few seconds. What many don't pay attention to is that Via requires a certain minimum fee to accept the transaction - which is why many claim that the whole thing doesn't work.

At the end of the whole story even when someone successfully adds their transaction to this so-called accelerator - nothing will happen instantly, but the transaction will be confirmed only when Via finds the next block - which can be within 10 minutes, but it is usually 3-4 hours. During this period, the transaction can be quite naturally included in another block mined by another mining pool - adding it to Via Accelerator does not mean that it will be exclusively included in their block.

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Quote from: suzanne5223 on February 12, 2021, 05:20:01 AM

Quote from: stompix on February 11, 2021, 03:26:23 PM

ViaBtc works, it has worked for hundreds of members and I've used it just two days ago and managed to get one tx confirmed in a block mined by them.
So, what happened when you used it that made you think you should not trust it?

When I said not to trust them, I mean I don't believe if their service really works.

It works

Quote

I have to wait for some hours before my transaction was accepted by them due to their hourly limit

You need impeccable timing to submit your transaction.

suzanne5223

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Quote from: stompix on February 11, 2021, 03:26:23 PM

Quote from: suzanne5223 on February 11, 2021, 03:01:14 PM

I don't think the OP needs to use any transaction accelerator, the last time I checked this accelerator service shouldn't be trusted and it better to bump the tx Fee.

ViaBtc works, it has worked for hundreds of members and I've used it just two days ago and managed to get one tx confirmed in a block mined by them.
So, what happened when you used it that made you think you should not trust it?

When I said not to trust them, I mean I don't believe if their service really works.
What happens is that I have to wait for some hours before my transaction was accepted by them due to their hourly limit, in the end, the transaction was not mine by them and it hurt cause I have spent some hours before locking in the tx though it happens long ago but will try out whenever I have stuck tx cause people are making a positive comment about there services this day

stompix

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Quote from: Rath_ on February 11, 2021, 01:24:56 PM

You can also bump it slightly to 50-60 sat/byte and wait a few more hours.

A few more hours till morning GMT time maybe, if he's lucky, a 60sat/b transaction would have to wait 3 hours to get confirmed with no new transaction hitting the mempool during all that time and we still have about one hour left of the usual daily usage peak, there are 7 blocks in the queue with over 150sat/b , it's better to forget about it and see what the weekend brings.

Really bad times to try to send coins, it's the first time I see mempool.space purging low fee transactions from its node.

Quote from: suzanne5223 on February 11, 2021, 03:01:14 PM

I don't think the OP need to use any transaction accelerator, the last time I checked this accelerator service shouldn'r be trust and it better to bump the tx Fee.

ViaBtc works, it has worked for hundreds of members and I've used it just two days ago and managed to get one tx confirmed in a block mined by them.
So, what happened when you used it that made you think you should not trust it?

suzanne5223

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Footing on the size of the mempool the 80 sat/byte fee advised by Rath_ is going to make the transaction confirm in less than 8hours from now so I don't think the OP need to use any transaction accelerator, the last time I checked this accelerator service shouldn'r be trust and it better to bump the tx Fee.
In the meantime, Sauaba always use the tx fee estimator before sending BTC.

Charles-Tim

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Quote from: Sauaba on February 11, 2021, 01:13:39 PM

This is the fee I paid for the transaction. 0.0007164 BTC ( 31.4 sat/byte )
Yes, I can replace my fee.
When I change the value, Electrum gives me a new one, like 41.1 sat/byte. I just confirm but nothing happens. Do I need to change the option to Mempool, ETM (which is set as default) or Static?

I will suggest you to wait, it is likely the mempool will be less congested during the weekend, we are almost in the weekend now. Very possible the transaction fee can be even far lesser than $41 satoshi/ vbytes. With what I see here, the transaction fee that will make your transaction confirmed in time is high, but the mempool will be decongested during weekend likely, this is just an advice. So far it is your wallet, nothing will happen, only you can cancel or replace the transaction, which means your Bitcoin is safe. But, if you still need your Bitcoin to be gotten confirmed in time, you will need to pay like $6, but wait for the mempool to be decongested rather than paying high fee.

You can try to accelerate it using free acceleratator like ViaBTC, but likely might not work or your transaction might be rejected, but you can still try it to see if it will work.

https://www.viabtc.com/tools/txaccelerator

Sauaba

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Thanks.

Done. Lets wait now.

Rath_

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Quote from: Sauaba on February 11, 2021, 01:13:39 PM

This is the fee I paid for the transaction. 0.0007164 BTC ( 31.4 sat/byte ) [...] When I change the value, Electrum gives me a new one, like 41.1 sat/byte.

That's very little if you take into account the current state of the mempool. Take a look at the third graph on this website. A 80 sat/byte fee should get your transaction confirmed in about 4 blocks while a 100 sat/byte fee in only about two. You can also bump it slightly to 50-60 sat/byte and wait a few more hours.

Quote from: Sauaba on February 11, 2021, 01:13:39 PM

When I change the value, Electrum gives me a new one, like 41.1 sat/byte. I just confirm but nothing happens. Do I need to change the option to Mempool, Estimated Time (which is set as default) or Static?

These are the fee estimation methods which become irrelevant if you specify the fee manually. I am using Electrum with my hardware wallet, so it might be a bit different for you, but after I confirm a new fee, a new window shows up where I need to press "Sign" and "Broadcast" in order to replace the transaction.

Sauaba

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Quote from: Rath_ on February 11, 2021, 12:32:39 PM

Quote from: Sauaba on February 11, 2021, 12:29:42 PM

Where do I find this txid?

Double-click on your transaction in the "History" tab and you should see it in a new window. There is no need to provide us your transaction id. Once you double-click on your transaction, you should see "Replace by fee". If it says "True" then you can follow the instructions from my first post.

This is the fee I paid for the transaction. 0.0007164 BTC ( 31.4 sat/byte )
Yes, I can replace my fee.
When I change the value, Electrum gives me a new one, like 41.1 sat/byte. I just confirm but nothing happens. Do I need to change the option to Mempool, ETM (which is set as default) or Static?

Rath_

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Quote from: Sauaba on February 11, 2021, 12:29:42 PM

Where do I find this txid?

Double-click on your transaction in the "History" tab and you should see it in a new window. There is no need to provide us your transaction id. Once you double-click on your transaction, you should see "Replace by fee". If it says "True" then you can follow the instructions from my first post.

Sauaba

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Quote from: Rath_ on February 11, 2021, 12:24:19 PM

Quote from: Charles-Tim on February 11, 2021, 12:17:38 PM

I think providing the transaction hash (txid) will be appropriate, or Sauaba should track the transaction on blockchain explorer, because if the transaction is not support replace-by-fee, he will not be able to neither cancel the transaction not pump the fee.

Where do I find this txid?

Rath_

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Quote from: Charles-Tim on February 11, 2021, 12:17:38 PM

I think providing the transaction hash (txid) will be appropriate, or Sauaba should track the transaction on blockchain explorer, because if the transaction is not support replace-by-fee, he will not be able to neither cancel the transaction not pump the fee.

RBF has been been enabled by default in Electrum for the last 3 years, so I think we can safely assume that it will work since OP mentioned that they had made several transaction in the past two years. Old versions of Electrum which do not have RBF enabled by default wouldn't be able to connect to any server anyway.

Charles-Tim

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Quote from: Rath_ on February 11, 2021, 12:06:14 PM

You should be able to increase the fee of your transaction by right-clicking on it in the "History" tab and selecting "Bump fee". Keep in mind that the extra fee will be deducted either from your change output or directly from the amount you sent if you don't have any change. If you are running the latest version of Electrum then you should also see "Cancel tx" option which will automatically double-spend the transaction back to you with a much higher fee. The first option will be probably better in your case. What fee does your transaction pay?

I think providing the transaction hash (txid) will be appropriate, or Sauaba should track the transaction on blockchain explorer, because if the transaction is not supporting replace-by-fee, he will not be able to neither cancel the transaction not pump the fee. Or, maybe his wallet has UTXO from the transaction which he can be used to perform CPFP.

Rath_

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Quote from: Sauaba on February 11, 2021, 12:01:38 PM

Is there a way to fix, accelerate or cancelling it?

You should be able to increase the fee of your transaction by right-clicking on it in the "History" tab and selecting "Bump fee". Keep in mind that the extra fee will be deducted either from your change output or directly from the amount you sent if you don't have any change. If you are running the latest version of Electrum then you should also see "Cancel tx" option which will automatically double-spend the transaction back to you with a much higher fee. The first option will be probably better in your case. What fee does your transaction pay?

Sauaba

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Hi
I sent a small amount (BTC) from my Electrum Wallet to Localbitcoin. I have made several transactions in the last 2 years without any issue. I got the message that the transaction was completed (sent) but still waiting in my LBC account and no confirmation yet.
Is there a way to fix, accelerate or cancelling it?

Topic: Transaction still unconfirmed after 3 days (Read 235 times)