Why does this tx not get confirmed | Bitcointalksearch.org

Kolokoy

member

Activity: 196

Merit: 50

OMNI TOKEN PLATFORM FOR PAYMENTS

Quote from: Altcoiner420 on October 30, 2017, 03:40:49 PM

Quote from: schnuber on October 28, 2017, 12:21:28 PM

Hi
Does someone have an idea why this tx does not get confirmed?

3df93a8fa476daf69c56ac8b6c5185a149d528cf0fb512dbc068ad06fd699372

I do not see what is wrong with it. There is 1$ fee attached to it.

Greets

1$ fee is nothing at now days.
network is overloaded, and increesing fees are killing bitcoin.
many people will abandon this coin for that.
next time use a priority fee if you are in a rush. or use viabtc tools, to accelarate your transfer

I don't think are abandoning Bitcoin for fees. Imagine a single coin today is $6.3k and transaction fee would be likely 1% or 2%. That doesn't hurt the butt if you know what I mean.
Well, in order to speed up transactions to avoid pending is to use accelerators to push it to network.

Priktrice

newbie

Activity: 14

Merit: 0

Quote from: schnuber on October 28, 2017, 12:21:28 PM

Hi
Does someone have an idea why this tx does not get confirmed?

3df93a8fa476daf69c56ac8b6c5185a149d528cf0fb512dbc068ad06fd699372

I do not see what is wrong with it. There is 1$ fee attached to it.

Greets

Sadly, you didn't put enough of a fee on it. The good news is that there are free transaction boosts in the services section.

Altcoiner420

newbie

Activity: 28

Merit: 0

Quote from: schnuber on October 28, 2017, 12:21:28 PM

Hi
Does someone have an idea why this tx does not get confirmed?

3df93a8fa476daf69c56ac8b6c5185a149d528cf0fb512dbc068ad06fd699372

I do not see what is wrong with it. There is 1$ fee attached to it.

Greets

1$ fee is nothing at now days.
network is overloaded, and increesing fees are killing bitcoin.
many people will abandon this coin for that.
next time use a priority fee if you are in a rush. or use viabtc tools, to accelarate your transfer

1inside1

newbie

Activity: 35

Merit: 0

Quote from: schnuber on October 28, 2017, 12:21:28 PM

Hi
Does someone have an idea why this tx does not get confirmed?

3df93a8fa476daf69c56ac8b6c5185a149d528cf0fb512dbc068ad06fd699372

I do not see what is wrong with it. There is 1$ fee attached to it.

Greets

Go to the services section and use a free/cheap transaction accelerator, this should hopefully solve your issues with this transaction not wanting to confirm due to low fees compared to average.

farhaan

sr. member

Activity: 392

Merit: 250

Just use any one of the transaction accelerator services provided in the service section of this forum.Its free.Its not at all an issue.

digitx

newbie

Activity: 49

Merit: 0

The fee in order to complete a transaction varies on the Bitcoin network from time to time. There is effectively a backlog of transactions on the network caused by the fact that the current rate of finding a block and adding transactions from the mempool to the next block is limited.

Your transaction will be eventually be confirmed if/when the number of people sending Bitcoin slows or if everyone also sends transactions with a low fee like yours but if Bitcoin usage spikes and everyone is happier to pay higher transaction fees than you (in per byte terms) - it will potentially never be confirmed.

There is a possibility that as Bitcoin nodes go offline and come back on that the rate of mempool synchronisation drops and your transaction gets lost and expires - or that the Bitcoin devs update the clients to kick transactions over a certain age from the mempool but I think that is more unlikely.

In fact your question is what has sparked the whole block size debate. If blocks were bigger - you could process more transactions in them and confirmation times would be reduced.

There is more information on the proposed solutions in the following links.
https://en.bitcoin.it/wiki/Block_size_limit_controversy
https://www.coindesk.com/explainer-what-is-segwit2x-and-what-does-it-mean-for-bitcoin/
https://medium.com/@olivierjanss/the-solution-to-the-block-size-debate-42c3814ff481
https://en.wikipedia.org/wiki/Bitcoin_scalability_problem

Good luck!

ranochigo

legendary

Activity: 2954

Merit: 4158

The total amount of fees that you've paid doesn't matter at all. What matters is the amount of fees that you've paid/size. In your transaction, you have paid 79 satoshi/byte which is way below the average of 290 satoshi/byte. In addition, with the large gap in the frequency of the mining of blocks, less transactions would likely to be confirmed in a given period of time. There is a lesser chance for your transaction to be confirmed.

schnuber

member

Activity: 96

Merit: 18

Hi
Does someone have an idea why this tx does not get confirmed?

3df93a8fa476daf69c56ac8b6c5185a149d528cf0fb512dbc068ad06fd699372

I do not see what is wrong with it. There is 1$ fee attached to it.

Greets

Topic: Why does this tx not get confirmed (Read 453 times)