Unworkable long confirmation of btc payment
I'm not a wealthy guy. Been out of work for about a year now, so any expense I do I do after a long consideration. So I have a small amount of btc from yesteryear and with the coming christmas I decided to spend btc at a shop to surprise my wife. And here I am posting almost half an hour later and still NO confirmation of the payment. Safe to say I feel gutted atm just for the insecurity factor it holds for me. I sincerely hope I can get the shop to accept bitcoin cash, as this non confirmation is beyond ridiculous. On post time it is exactly 30 minutes and still no go.
My apology if this is posted wrong.
Posted Dec 10, 2017, 9:53 PM UTC
58
Hopefully you paid an adequate fee, or you may be waiting for that confirmation for weeks.
I think it was the equivalent of about $20? 0.001x
Sorry to hear man. I had to wait 26 hours paying that kind of fees when there were 220,000+ unconfirmed txs few days ago.
Try viabtc accelerator. They only accept 100 requests every hour for free so you have to time yourself and submit request as soon as the computer clocks change to 00 (e.g 6:00:00 pm). I cant recall if they only help accelerate tx with a minimum of 100 sat/B. Just check. I had paid 201 sat/B for a 600B+ transaction (total fee of 0.0012BTC) and it took 26 hours. I submitted request to viabtc transaction accelerator about 12 hours before it got confirmed. I shared this with another redditor who claims his transaction got confirmed 45min after submitting the request having waited 48 hours with a super low fees
Also this wont recover your high fees, but please have a little BCH to help you consider the better alternative. :) u/tippr $2.00
Thanks a bundle! This failed (for now) transaction has made me learn more than ever before. And as I stated in my post, I will urge the retailer to press for bitcoin cash as an alternative.
u/NorthernMaster, you've received
0.00153918 BCH ($2 USD)!^^How to use ^^| ^^What is Bitcoin Cash? ^^| ^^Who accepts it? ^^| ^^Powered ^^by ^^Rocketr ^^| ^^r/tippr
^(Bitcoin Cash is what Bitcoin should be. Ask about it on r/btc)
That should have been enough, but it really depends on the size of your transaction in bytes, and how many satoshis you paid per byte.
Your transaction may have had more than 1 input, meaning it would be bigger in bytes than a transaction with only 1 input and may have required more than .001x to get near the top of the line for being picked up in the next few blocks.
Right now the current recommended fee is 400 sat/byte. You can look up your transaction on blockchain.info or a similar block explorer by searching for either your sending address or the receiving address, from there you can find the transaction and it will detail how many sat/byte you paid. Your wallet may also have that information under the history or transactions tab.
Thank you for this explanation, I will have a look at those stats when I run back to that computer to check if it got through.