Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
beastmodeBiscuitGravy
on 17/09/2016, 00:14:11 UTC
Problems are keeping up...
https://blockchain.info/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96
I mean is it normal for a transaction to take so long, even if the blocks are clogged or something?
And if so since this transaction is actually a payment from a hot wallet I think am a bit screwed if it
never gets confirmed.

How long has it been? it appears to have been set at "medium priority" with a fee of less than $.02 and a quantity of about $66.  Projected to confirm in 6 blocks, but even if it takes a day, are you in a rush?  Why would you assume that you are going to lose the money, unless it has been more than a day?

Pay no attention to JayJuanGee, nor the blockchain.info "medium". You paid 10 satoshi per byte, which is indeed quite low for inclusion in the congestion the network faces these days. The $66 value, or whatev, has absolutely zero impact on the priority of a transaction, JJG might be surprised to hear.

https://tradeblock.com/bitcoin/tx/785cc496c9bd7c61a0d42b278134259cb5735fc7a4807552430b74af4cce8c96

And here for the fullness of blocks, and their avg sat/byte fees.

https://tradeblock.com/bitcoin/

I did a big multi KB one at 9 sat/byte recently and it eventually went through. Mined by antpool.  That was a weekend, tho, iirc.