Dec 30, · My Bitcoin Transaction is Stuck and Unconfirmed. You were expecting your bitcoin transaction to get mined and confirmed within the next block (~10 minutes), but for some reason your transaction isn’t going through. It seems stuck and you’re worried that your transaction will never clear. Dec 21, · As you can see, there were almost k transactions ahead of mine in line. After a few days I started working my way through the advice given in this stuck transaction thread on timberlandschuheherren.deI didn’t have any luck with ViaBTC’s transaction accelerator, which seemed like the easiest solution.. Bread does not support Replace by Fee or Child Pays For Parent transactions. A "stuck" transaction is a transaction which has remained unconfirmed for period of time which either the receiver or the sender is uncomfortable with. Stuck transactions can be annoying as it means that recipients often consider the senders to not have paid yet, .
Bitcoin transaction is stuckTransaction stuck? Read this : Bitcoin
There are a few ways to fix a stuck transaction. One way is to do a replace by fee RBF transaction. The other is to do a child-pays-for-parent CPFP transaction.
You can also use a bitcoin accelerator service, but accelerators are very expensive and better, cheaper options are available. These are more advanced techniques, so we wrote up an entire page about how to get a transaction into a block.
If you own a Ledger hardware wallet and you are using Ledger Live, you can prepare your transaction so that replace by fee is possible. Just tick the switch in the advanced options on the second screen amount when you make your transaction:. If this is an issue for you, learn more about getting a transaction unstuck. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Buy Bitcoin Worldwide is for educational purposes only.
Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.
Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website.
Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. Jordan Tuwiner Last updated December 3, A transaction that has been included in thousands of blocks and therefore confirmed thousands of times. Wait for at least one. Most exchanges require 3 confirmations for deposits. Six is standard for most transactions to be considered secure.
Less is likely fine, but this is to be safe! So now that we understand the mempool dynamics and fee rate market, we can get a better idea of what the actual mempool graph means:.
Then as the mempool began to get clogged with more transactions after the left red arrow , miners started getting overwhelmed. As demand for block space increased ie. As the number of transactions being sent started cooling off and miners dealt with the higher fee rate transactions, they could finally return to mining the lower priority transactions with lower fee rates after the right red arrow.
Once you know what fee rate you paid and where the mempool is trending, you can get a better sense of when your transaction is likely to be confirmed. Similarly, a block explorer takes in data like a transaction ID, hash, address, block height, etc.
In most cases, transactions confirm within 72 hours. Fee Bumping. You can also check this compatibility matrix for convenience. Why would a free service offer to pay a higher fee on my behalf? Either the transaction happened or it didn't. The only time you can't see the funds is if your wallet is hiding them because it is tracking a pending transaction and doesn't want you to try and spend funds that are already being spent in another transaction.
It doesn't mean the money is in limbo, it's just your wallet waiting to see the outcome. If that is the case, you just wait. Eventually the transaction will either happen or will be deleted by the network. Keep also in mind that this is not possible with any transaction RBF requires opt in before sending, f. If nothing else works and your transaction really needs a soon confirmation, you can try and contact a mining pool to ask them if they would include your transaction. Some mining pools even offer a web-interface for this: 1 , 2.
If you are interested in trying out those options, here is a very helpful post that goes more into it: What can I do to make my stuck transaction confirm? Here you see how many transactions are currently and were historically waiting to be confirmed, i. You can then deduct which layer your own transaction is currently at, and how far away from the top your position is miners work through the mempool always from the top, simply because the transactions on top pay them more.
You can estimate that each newly mined block removes 1MB from the top see the third graph which shows the mempool size in MB. On average, a new block is produced every ten minutes. The second important observation is that the mempool "ebbs and flows", so even the lower paid transactions are periodically being confirmed at some point.
A you can influence directly, B you can observe in real time, but C is difficult to predict. So it's always a little tricky to tell when the first confirmation happens if you set your fees low.
But it's quite certain that at some point even the cheap transactions will come through. Good to know : "fee" means the absolute amount of satoshis a transaction pays, and "fee rate" is the fee per weight of a transaction. Miners prioritize by the latter, because even if a "lighter" transaction pays less in absolute satoshis, it might be more profitable to include it into a block if it has higher fee rate, because it also takes up less space.
Transactions are being broadcast by the full nodes on the network. Each node can adjust their settings for how long they keep unconfirmed transactions in their mempool.
This means that in the absolute worst case the unconfirmed transaction will simply disappear from the network, as if it never happened. Keep in mind that in those two weeks the coins never actually leave your wallet. A transaction with very low fee rate might also disappear from the network if the mempool goes over MB in size, because by default a Bitcoin Core node will purge transactions from its internal mempool, starting with the lowest fee rates first, while increasing its minimum acceptable fee rates that it will broadcast further.
You can read more about it here. Spikes this large have been very rare in bitcoin's history so far though, I think there was only one, briefly in January Important to know : even if the transaction has been forgotten by most nodes and doesn't appear anymore on blockexplorers, it is still a valid transaction and might have stayed in the mempool of a node somewhere.
So it's better to use one of the inputs in another transaction to invalidate the original, "stuck" transaction otherwise you risk it to be re-broadcast and be confirmed when you already forgot about it. Here are some resources that can help you estimate fees when sending a bitcoin transaction, so you don't end up overpaying or underpaying unnecessarily.
Keep in mind that in order to take advantage of this, you need a proper bitcoin wallet which allows for custom fee setting. A selection of such wallets you can find here or here. Here you can see a visualization of how many unconfirmed transactions are currently on the network, as well as how many were there in the past.
Each coloured layer represents a different fee amount. The most interesting graph is the third one, which shows you the size of the current mempool in MB and the amount of transactions with different fee levels, which would compete with your transaction if you were to send it right now. But this also should help you to see that even the low fee transactions get confirmed very regularly, especially on weekends and in the night periods, and that the spikes in the mempool so far have always been temporary.
For that you can switch to higher timeframes in the upper right corner, f. Try higher timerframes as well. You clearly can see that the mempool is cyclical and you can set a very low fee if you are not in hurry. This is also an overview of the current mempool status, although less visual than the previous one.
It shows you some important stats, like the mempool size, some basic stats of the recent blocks tx fees, size etc. You can see this projection in the left upper corner the blocks coloured in brown.
This is a simple estimation tool. It is very simple to use, but the disadvantage is that it shows you estimates only for the next 24 hours. You probably will overpay by this method if your transaction is less time sensitive than that. This is a very simple bot that tweets out fees projections every hour or so.
Very simple to use. Hopefully one of these tools will help you save fees for your next bitcoin transaction. Or at least help you understand that even with a very low fee setting your transaction will be confirmed sooner or later. Furthermore, I hope it makes you understand how important it is to use a wallet that allows you to set your own fees. For the tech savvy it's not that hard We're getting there for sure, but there's still a ways to go before it will be something most people can do.
Agreed, the custodial solutions have pretty painless on boarding. Node are nice but the easiest solution is just to use Breez or Pheonix. It's easier, simpler, cheaper and faster. Bluewallet has lower fees and although it provides more control a little less intuitive it is actually easier to work with. Personal opinion, of course.
Soon enough everything will be buzzing about Lightning and Liquid just as until now they've been bussing about the legacy BTC. More info Balance Deposit Withdraw Something wrong? Have a question? Send me a message. Guaranteed low-fees or guaranteed time for confirmations will never really be a thing again in Bitcoin. Economically, it also makes sense. I think 1 is better suited for beginners, but might be mistaken. I absolutely do. I followed Stadicus's excellent Raspibolt Guide.
Very well written, can't recommend enough. There's a lot of extra content in there too such as how to run a personal Electrum server and a block explorer, so you can truly verify everything yourself. No third party. Does anyone have all their BTC in lightning or is it always the majority in a hardware wallet with some on lightning? It is smart to only have enough on lightning to handle your transactions, your life savings should be on your hw wallet for many reasons That's what i thought, just making sure!
Already got most of it on Trezor. I'm doing my research on LN and ready to get started soon. I had a lightning node running for some time. One of the risks at that time that a powerfailure or hw breakdown had some risk of funds on lightning being lost.
With current improvements in place I'm not completely sure if any of such risks are still possible I'm planning to run a full node again, will have to dive into lightning again to see what current status is I used to not have very much on Phoenix, but it's getting up there now for carrying on my phone.
I gave lightning a try, the one thing that I didn't understand was how to go from btc onchain to lighthing and then from lightning to btc. Blue Wallet was easiest for me to figure out. Also, a big factor in me choosing this one was it has the most consistent and most active open source code repo of the lightning wallets. There's also Eclair wallet on Android.
I've had an open Lightning channel on it for over a year now. I would recommend loading your Lightning channel with a low-fee transaction before you plan to spend from it. Saves money and hassle. If there is no demand from their customers there will be little initiative from them to support it. People should really start running a lightning node and opening just one channel. That's all it takes.
Opening one channel. After that channel is open all your future transactions with be instant and cost fractions of pennies. See with LN if some node wants to many sats to your you, you just find a node that is cheaper.
Whenever I see posts about people waiting for their Bitcoin transaction I facepalm because it's so easy, just use Lightning. One transaction and you have an open channel and you never ever have to wait or pay high fees. And if that is to complicated seriously? I should probably know better at this point, but here goes: I was under the impression that lightning was only for off-chain p2p transactions and that it only writes to the blockchain once the channel is closed?