Topic: Whwn you do not get confirmations on a transcation... (Read 1050 times)

So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

It's only happened to me once when there was a stress (spam) test & that wasn't because I was using low fees. I always use quite a bit over average fees because I don't like waiting ages for confirmations.

Doamader

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I believe thos long time waiting is because you are making a deposit or withdraw from your wallet, usually my coins are at exchanges and since they join more then one request, the transactions gets faster confirmations, atleast for me i havent anytime any issue with confirmations at all.

beerlover

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I've had this experience as well. I have multiple wallets and as I was transferring funds from my online wallet from Coinbase to my desktop wallet which is Electrum, I was kind of monitoring it and after about 15 minutes, I was certain that it should have at least one confirmation and I checked, there wasn't any. The first confirmation was done in around 30 minutes or something and that was probably one of my most anxious 30 minutes.

serjent05

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Quote from: Posum578 on July 28, 2016, 08:33:18 AM

So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

We i havent experienced this kind of stuff with bitcoin, but I do experience it in another form of payment. I use to buy credits in google playstore with my mobile credits. So I got interested in this game and I feel like I need to buy the limited offer, so I need to use my mobile credit and bought that offered package. The first one went smoothly but the 2nd and third one were not. So i was a bit hysterical because I really need that in game package that day. I did send support ticket to the dev of the game but told me it's the google play I should contact. So in short contacted the playstore and just an auto email and then i gave up and at the next morning all that I bought was in there. So it was fixed.

Kprawn

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They should actually increase the "small fee" option to be about 30% higher than the recommended minimum fee, to prevent instances like this. I once bought some jewelry from someone and the tx

took 2 hours to confirm with the minimum recommended fee, since then I pay higher than the recommended minimum and all my tx's goes through without a problem. The problem is, if everyone

starts to increase the minimum, then we will get stuck with the same problem. Roll Eyes

{ I once bypassed this problem, by asking the receiver to open a Xapo account and he did... I then send him a

off-chain transfer and he got near instant payment, but this is just a temporary solution }

MyIdeas

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I am using xapo and there the xapo pay all the fees of my transactions so I do not have to care that how much will I have to pay in fees so that I get confirmations faster, I think xapo is paying the required fees for speeding up the transactions.

JeffBrad12

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So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

Are you already learning about this problem? if still not i will pointing it out

"Do not send coin with small fees"

sending with small fees is okay as long the transaction is not having too big size,it's all about the matter of fees/bitcoin for every transaction,so,sending with small fees is not wrong actually

Yes it is not wrong, if you dont need fast transaction atm like send your fund to your cold storage
But see OP's problem, he buying something. I mean he paying a services so it is need to fast transaction

Maybe like the people if you giving advice for her to working with you and you're not giving a reliable payment for him, I sure he will become a lazy person because you don't put a reliable payment for him and likely with the transaction.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Quote from: Raimonn on July 28, 2016, 08:42:22 AM

So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

All always fee, and that is happened with me sometimes, I forget to put a reliable fee for my transaction and waiting until several ours and not getting a confirmation and my transaction was denied.

MingLee

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Activity: 490

Merit: 520

I had problems with confirmations sending from cex.io exchange, they didn't allow to use custom fees (or i didn't find how to change it), and it took some hours to confirm.

I used to use their website, but they deleted my account at some point while they were redesigning or something. It was annoying and I was pissed off for a while, but I just don't really care anymore. They were kind of a weak platform to begin with anyways, although I did like them for a while.

Transaction fees are always an issue with sites like this because they won't give you a really good wallet interface aside from the basics because that's not how they roll; it's an investment platform and not supposed to be special or advanced.

pereira4

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Yep one day I was too greedy with the fee and it turned out it was too small because it got split in several outputs and I ended up with a stuck transaction so I had to use zapwallettx, luckly I was using Bitcoin Core, if I was not using core then I guess it would have been stuck there for ages...

NorrisK

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Sounds like the problem arises from the implementation that the services use for their systems..

If they accepted payment as soon as the transaction is broadcasted and then just wait for the confirmations to come before sending, everything would be fine. Seems like they now reject a payment when no confirmations come within a short time, which is kinda stupid.

Luckily I haven't had these experiences yet, but I did have to wait a long time when making a purchase (luckily, their systems were set up correctly).

jak3

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yes it happened with me but these situations are very rare. one user had taken loan from me of 0.03Btc and when he re payed me the coins with the interest which was said in our agreement then we found that he sent it but the coins are stuck in the transaction for 2days but he had sent it with 0.0001Btc so its just rare situation

Posum578

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Activity: 336

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Quote from: Jambolb2 on July 28, 2016, 08:41:07 AM

Quote from: Posum578 on July 28, 2016, 08:33:18 AM

Yes it is not wrong, if you dont need fast transaction atm like send your fund to your cold storage
But see OP's problem, he buying something. I mean he paying a services so it is need to fast transaction

I think the OP did not know about the transaction fee effect on the duration of the confirmation

And yes I think it's better to lose a little money but with fast transactions, instead of paying a fee for a cheap but make us panic will lose the bitcoin for confirmation too long

haha

That is what i mean
Paying with standard fee 20k sat is enough or you can pay more higher such as 50k sat, it only cost few cent, will not making people poor

ranochigo

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So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

Are you already learning about this problem? if still not i will pointing it out

"Do not send coin with small fees"

sending with small fees is okay as long the transaction is not having too big size,it's all about the matter of fees/bitcoin for every transaction,so,sending with small fees is not wrong actually

It's actually fees/size. Sending transactions with little fee is fine but don't expect a confirmation in a day or two if you don't have sufficient priority or BTC transacted. This is especially true when there is a high load on the Bitcoin network, it might confirm in a week or a month (if you rebroadcast it periodically).

For merchants, many would accept 0-confirmation transactions IF sufficient fees are paid. If not, they would require 1 confirmation.

Raimonn

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I had problems with confirmations sending from cex.io exchange, they didn't allow to use custom fees (or i didn't find how to change it), and it took some hours to confirm.

lolxxxx

legendary

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Quote from: Posum578 on July 28, 2016, 08:33:18 AM

So, I was buying a game on Steam with Bitcoins and I used small fees (economic on Bitcoin phone wallet) and it took around 3 hours to get confirmations. Steam already sent me a E - mail telling me that there was an error with the purchase and I thought I lost my Bitcoins since it is not reversible. Luckily, when I got the confirmations, the game arived.

I got a heart attack earlier, but everything went well

Did you have such experiences? Post your most stressful transactions

Are you already learning about this problem? if still not i will pointing it out

"Do not send coin with small fees"

sending with small fees is okay as long the transaction is not having too big size,it's all about the matter of fees/bitcoin for every transaction,so,sending with small fees is not wrong actually

Sending with small fees is not okay i say , Mostly Websites only accepts bitcoin payment when they have 1 confirmation on it and then after that they deliver the product to the user. In most cases, Small/lower fees will make the transaction to be stucked for hours and sometimes days. So think you need a product very immediately and you dont get it because of small fees so better spend few cents for the transaction instead of sending small fees and waiting hours.

Jambolb2

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Activity: 444

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Yes it is not wrong, if you dont need fast transaction atm like send your fund to your cold storage
But see OP's problem, he buying something. I mean he paying a services so it is need to fast transaction

I think the OP did not know about the transaction fee effect on the duration of the confirmation

And yes I think it's better to lose a little money but with fast transactions, instead of paying a fee for a cheap but make us panic will lose the bitcoin for confirmation too long

haha

Posum578

sr. member

Activity: 336

Merit: 250