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  1. #1
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    Question BTC Frustration - help!

    Hi,

    Had some BTC in my wallet (CoinJar), and made two (2) transfers. According to BlockCypher, the miner fees on both transactions are HIGH, and the confidence level on both transactions are also high.

    Problems is, neither have received a single confirmation. One was sent approx 3 hours ago, the other, 2 hours ago.

    So to try and get these transactions confirmed, I sent another BTC transaction to the same BTC addresses, from my CoinSpot wallet. That's seem to have worked in the past.

    Sadly it didn't this time.

    The CoinSpot transaction received 6+ confirmations within 1 hour or so. Which the two (2) sent from CoinJar (to the same BTC address) continue to be unconfirmed.

    Is there anyway to fix this issue, with these unconfirmed transactions?

    Your help is greatly appreciated



    Cheers

    Dave

  2. #2
    latrobet's Avatar
    latrobet is offline Public Member
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    Currently the BTC transaction fees are high. 100+ sat/vB for more than 60 blocks. So I would suggest that your fees are to low.

    Sending more money to a wallet won't change anything, you set the fee and the time of transaction. You may be talking about CPFP transactions here but, I don't believe you have the ability to pull that together or you wouldn't be asking this question.. The confidence level isn't about fees, it is the history of the cluster and the potential double spend behaviour.

    You can try a free service like bitaccelerate.com they will rebroadcast the transaction and try and get it through or a paid service like pushtx.

    Checkout mempool.space and see what block you are currently scheduled in before you use the other services.

    I hope that helps

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  4. #3
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    I do not know what is Coinjar, but it does not look like YOUR wallet. It looks like some online wallet/exchange, that is never yours. Which is the problem not because you do not control the coins, but probably also that you can not set the fees accordingly (maybe you can after all, I really have no idea how it works). Best is to have your own wallet aka electrum or ledger nano, where you can set fees not just high or low, but exactly the number sat/byte. The fees you can then set from this chart http://core.jochen-hoenicke.de/queue/#0,8h. No wallet can set the fees correctly. Elon is maybe telling us that AI can drive cars, but since no developer could make a wallet that can estimate the fees correctly, I doubt the Elon cars.

    If you sent coins to the address to which you sent the coins as well from other address, it will not speed up the transactions. You can speed it up only sending the coins from the receiving address, where the coins are not yet confirmed.

    The weekend is coming, the fees will drop and the tx will go through.

    Just follow those steps:
    1. Have finally your own wallet
    2. ALways check the mempool before you send the coins
    If you talk to God, you are praying; If God talks to you, you have schizophrenia.

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    Former Member 14 (7 September 2020), TheGooner (4 September 2020)

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    I have my own wallet (ledger nano). However, had around $1.2K sitting in my btc web wallet (coinjar.com.au), and decided to clear it out, and send to my casino account. Anyway, transactions are still not confirmed.

    Used BitAccelerater again (after 6 hours to excel both transactions), but now 2 hours later, still both are sitting as unconfirmed.

    BlockCypher displays the miners fee for the transaction.

    Can't do anything else but wait now... Though, never, ever with a high $3 fee ever waiting this long. Usually transactions are confirmed sending via wallet within 90min, but more often under 1 hour.

  7. #5
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    Normal BTC tx that I send from exodus / electrum or exchange are confirmed next block - and I don't think that the fees are set very high - maybe $1 to $1.50 or so. This usually claims the first available block.

    However, I don't move BTC much - maybe 1-2 times a month so perhaps I've missed a spike. This site ( https://privacypros.io/tools/bitcoin-fee-estimator/ ) suggest that BTC fees for next block are around USD $3.66 right now.

    Blocks are being created at the normal rate .. https://blockchair.com/bitcoin/blocks ... so hopefully if you have a decent fee it should go through soon.

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    Quote Originally Posted by AussieDave View Post
    had around $1.2K sitting in my btc web wallet (coinjar.com.au), and decided to clear it out, and send to my casino account. Anyway, transactions are still not confirmed.
    Your problem is that coinjar is sending your funds on your behalf to a casino - in Australia I dont think you can do that

    Send the funds from an exchange wallet (aka custodial wallet - the wallet THEY OWN and control on your behalf) to your nano, cold card, trezor --- any hardware wallet, then you can send your funds wherever you want to send them.

    In the US for example Coinbase would 100% lock your funds because they track gambling sites payment addresses and share information with the regulators. So gamblers use a few "hops" out of exchanges into their own wallets before going in and out of an exchange, they are completely different ways of owning and controlling your money. And exchange is similar to a bank and needs to follow anti money laundering rules, a gambling site obviously is not like that.

    Also on wallets like trezor and BRD wallet I've always selected high or low fees for priority level, exchanges probably don't care how long it takes to send btc out

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    Quote Originally Posted by GG-US View Post
    in Australia I dont think you can do that
    Been KYC'd as well as SoW'd too. FYI been doing it for ages, no drama. AU is a bit different to the USA.

    As far as sending to my nano... I do, but... the coin that was there, had been there for ages. And, to send it to my own wallet, would cost me yet another set of fees. Instead was cheaper to send to casino.

    Anyway, after about 8 hours, it eventually went through.

    Thanks for all the help

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    TheGooner (8 September 2020)

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