Topic: Why won't my transaction confirm when my fee is higher than others? (Read 414 times)
You transfer with quite high fees, I also do not know why but I send normally takes about 1 hour! It seems that where you "Broadcast" transactions also affect the time of confirmation, this is just my own perception.
May 05, 2017, 05:12:17 AM
Everything depends from the site through which you provide your transaction - Do they have such money in the moment or not. I pay 0,0005 for the transaction and the last time I have waited 5 days to move money from one wallet to another.
May 05, 2017, 05:06:44 AM
Thanks for your input. I think where I am going wrong is I have been relying on https://tradeblock.com/bitcoin/ to tell me what the fee size is. I think it's giving me the average fee size, not the highest at the time.
Thanks again.
Thanks again.
May 05, 2017, 04:40:59 AM
Doesn't matter if your fee is higher than others, it should be above a certain threshhold for your transaction to be included in one of the following blocks after propagation. Cointape.com is a tool that could help you find suitable fees for faster confirmation if you insist on inputting them by hand. Another solution would be to simply pick a better wallet service/client.
Bear in mind though, bigger fees don't guarantee timely transaction confirmation because your transaction would have to get into a block and sometimes that takes much more than the "average" of 10 minutes.
Bear in mind though, bigger fees don't guarantee timely transaction confirmation because your transaction would have to get into a block and sometimes that takes much more than the "average" of 10 minutes.
May 05, 2017, 04:36:47 AM
Can someone please explain where I have gone wrong with my fee? Bare in mind that when I broadcasted this transaction the avergage fee was 60 sat/B. My fee is 100 sat/B which totals 0.00244634 but it's been stuck for like a day and a half or something.
Where am I going wrong?
TXID
78d646934f25c8aa168805b4dbd29c01e619b8c1f27c3032f7a084b9d0ff9ec0
Where am I going wrong?
TXID
78d646934f25c8aa168805b4dbd29c01e619b8c1f27c3032f7a084b9d0ff9ec0
The full analysis of the problem + the possible sollutions => https://www.mocacinno.com/feecheck.php?txid=78d646934f25c8aa168805b4dbd29c01e619b8c1f27c3032f7a084b9d0ff9ec0
It basically breaks down to the fact that at this very moment, 100 sat/byte isn't sufficient to have a 95% chance of getting in the next 24 blocks (4 hours). It does not matter what the fee was at the time you broadcasted the transaction, a miner doesn't care about the order in which he received the transaction, he only cares about which transaction in his mempool has the highest fee/byte, even if older transactions are still unconfirmed.
May 05, 2017, 04:35:39 AM
Can someone please explain where I have gone wrong with my fee? Bare in mind that when I broadcasted this transaction the avergage fee was 60 sat/B. My fee is 100 sat/B which totals 0.00244634 but it's been stuck for like a day and a half or something.
Where am I going wrong?
TXID
78d646934f25c8aa168805b4dbd29c01e619b8c1f27c3032f7a084b9d0ff9ec0
Where am I going wrong?
TXID
78d646934f25c8aa168805b4dbd29c01e619b8c1f27c3032f7a084b9d0ff9ec0
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