Unconfirmed transaction - page 2. | Bitcointalksearch.org

Mia Chloe

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Quote from: New2024 on July 20, 2024, 10:07:38 AM

Quote from: Zaguru12 on July 20, 2024, 09:45:51 AM

So without extra bitcoins for fees you just leave the transaction until it is dropped.

How long before the transaction is dropped? I tried to send it on July 4th 2024. So, it has been more than 2 weeks.

It could take a month or more before the transaction is dropped. You can't really tell when as most times the node of the wallet you used keeps broadcasting it as long as it's not below the purge fee. for luck that a miner may confirm it which will likely never happen depending on the fees.

Quote

Thanks for the site reference - What do I look for in Mempool site? The transaction fees on No Priority, Low Priority, Medium Priority and High Priority?

The higher the priority the faster the transaction will be confirmed. Fees will tell you how deep your transaction will be placed on the MEMPOOL waiting list.

New2024

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Quote from: Zaguru12 on July 20, 2024, 09:45:51 AM

So without extra bitcoins for fees you just leave the transaction until it is dropped.

How long before the transaction is dropped? I tried to send it on July 4th 2024. So, it has been more than 2 weeks.

Quote from: Mia Chloe on July 20, 2024, 09:46:57 AM

Before you make a transaction , always do well to check the average fee rate at that period of time. You. Can make use of MEMPOOL space .

Canceling the transaction simply means you will be spending more on fees since you will have to increase the fees and bump the transaction back to your wallet. Instead you can just bump the fee if you enabled RBF to the exchange address.

Thanks for the site reference - What do I look for in Mempool site? The transaction fees on No Priority, Low Priority, Medium Priority and High Priority?

Quote from: Charles-Tim on July 20, 2024, 09:55:46 AM

0.00001 BTC is $0.667 if bitcoin price is $66700. So you want to transfer $0.667.

Apologies - just recheck and it's 0.00156701, so, trying to send about USD104.52.

Charles-Tim

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0.00001 BTC is $0.667 if bitcoin price is $66700. So you want to transfer $0.667.

The mempool right now is around 5 sat/vbyte. 1 input and 2 outputs will cost a fee of $0.47. So is $0.197 worth sending? I do not think it is worth sending.

Quote from: New2024 on July 20, 2024, 09:40:35 AM

1) How do I cancel the transaction, get back those bitcoins back to resend?

If you see cancel transaction on the wallet that you are using, do not go for it because you will need higher transaction fee than the previous transaction fee that you use if you to send the coins back to another address on your wallet.

Quote from: New2024 on July 20, 2024, 09:40:35 AM

2) Also, how do you determine the resend fees? Do I look at how much the rate is from websites that show the average transaction fees at that time?

If the amount is much higher than the amount that you posted, use bump fee (increase fee) to increase the fee. That depends on the wallet that you used because not all wallets that support increasing fee.

Mia Chloe

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Before you make a transaction , always do well to check the average fee rate at that period of time. You. Can make use of MEMPOOL space .

Canceling the transaction simply means you will be spending more on fees since you will have to increase the fees and bump the transaction back to your wallet. Instead you can just bump the fee if you enabled RBF to the exchange address.

Zaguru12

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First question is were you able to broadcast this transaction because I doubt it, the amount is so small that it can only cover for the transaction fees. The fees is around 6-4sats/vbyte now and that’s almost equivalent to what you are sending so that means you are sending dusts. Or probably sets the fees way to low. I have doubt the transaction was even broadcasted.

Quote from: New2024 on July 20, 2024, 09:40:35 AM

1) How do I cancel the transaction, get back those bitcoins back to resend?
2) Also, how do you determine the resend fees? Do I look at how much the rate is from websites that show the average transaction fees at that time?

1. Ideally you can’t cancel a Bitcoin transaction but can only do a RBF back to the wallet again(although some wallets puts the icon as cancel) and this requires you to have extra coins on the wallet again to cover for the fees which is higher than the initial fee of the transaction. So without extra bitcoins for fees you just leave the transaction until it is dropped.

2. Yes you can see the fee estimation on the wallet you’re using, but the ideal thing is to check explorers for the fee estimation and to get the actual fee needed as some wallet either under estimates fees or over estimates fees

New2024

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I have this 0.00156701 bitcoin from a long time ago - probably doing the clicking to earn bitcoin kind of thing. Recently tried to send it to Binance using Bitcoin Core. Really unsure how much fees I need to put to transfer; but, it looks like the transactions is unconfirmed due to low fees.

1) How do I cancel the transaction, get back those bitcoins back to resend?
2) Also, how do you determine the resend fees? Do I look at how much the rate is from websites that show the average transaction fees at that time?

Thank you

Topic: Unconfirmed transaction - page 2. (Read 293 times)