I sent .1 BTC to a friend with a 0.001 Transaction Fee on 21 Feb 2017 (48 hours ago).
I never had a transaction confirmation take this long? I looked on blockchain.info and it shows Zero confirmation on my address and then receivers address.
Is this something I should be concerned about, or just keep waiting? Is there anything I can do.
Thanks
The 0.001 fee doesn't mean a lot... How many inputs/outputs for the transaction? The fee is based on the transaction size (in bytes), the transaction size is based on the amount of inputs and outputs. In other words, a 0.001
BTC fee might be overkill in case you only used 1 input to create 1 output, or insufficient in case you used 50 inputs to create 2 outputs.
Maybe you can post the tx id, in that case i can have a look what's wrong (hint: in 99% of the cases, it's an insufficient fee)
How do you know how many inputs and outputs will be needed though? You can only know once you've launched the transaction no?