Topic: Unconfirmed transactions, heelp!! (Read 369 times)

It finally went through, after about 3.5 hours from paying the extra "parent pays for child" fee.

That's pretty incredible (and sad at the same time). Just a few days ago I had 80 sat/byte transactions get confirmed in a couple of hours without any issue. But today, I sent a 225 sat/byte transactions and it's still unconfirmed even after 7 hours.

Somehow there are more than 135k unconfirmed transactions right now - which is most likely why is this happening. But still, I don't think your 841 sat/byte transaction should take that long to get confirmed.

I even tried speeding up the confirmation by doing a "child pays for parent" with a fee of 841/satoshi per byte which is far above the fastest actual fee
according to bitcoinfees.earn.com.
According to them a fee of 571+ sat/byte should give me a processing time of 0-40 minutes, and nothing has happened even after hours .

There's no way to "cancel" a Bitcoin transaction once it's been pushed to the network. It's true that occasionally, a transaction that remains unconfirmed with low fees will eventually fall out of the mempool and "disappear" but there is no way to force this to happen. You just need to wait for your transaction to confirm.

It's taking a while right now because some miners have temporarily switched from mining Bitcoin to mining another coin. Because it will be more profitable for them to mine Bitcoin in approximately 30 hours (from my post), that is when the large backlog of transactions will start to clear out and you should get your coins.

However, since your transaction is marked "replaceable", this means it was likely sent with RBF (Replace By Fee) which allows you to raise the fee of a transaction retroactively after you've sent it, before it's confirmed (which is the situation you're in now). If you really, really don't want to wait, you should be able to select the transaction (probably right clicking it in your transaction history in your wallet) and choose whatever option sounds like "raise fee" or "bump fee". Double check how much of a fee it's going to add before you send it though, because the network is very congested right now and you could easily end up spending much more than you wanted to on a fee.

My advice is to just be patient and wait about 48 hours to see if it will clear first.

I tried to use shapeshift to change some bitcoin into litecoin yesterday and it stayed unconfirmed  for a few hours until the message was removed from electrum and I thought the transaction was cancelled.
So I tried again today and got stuck with message "Replacable", and read that I could cancel the transaction by resetting my wallet with the seed, so I did that.
Suddenly the transaction from yesterday popped up again with the message "Low fee", so I tried resetting the wallet again with the seed and this time the transaction from
yesterday was removed and instead, the transaction of today was back again with the message "Replacable" even though I unchecked replacable when sending the bitcoin.
And in the lower left corner it still shows me the balance I had before any of the two transactions with the last transaction to the right of the balance inside brackets [-"transaction amount" unconfirmed].
Could someone please tell me what's goin on?
Btw, I'm sorry for beeing such a noob, I know I should have studied more about how everything works before making all this transactions.