The transaction is too large for a 0.0005 BTC fee. It is 17KB and the recommended fee is 0.0001 BTC per KB so a fee of about 0.0016 BTC would have been correct.
I think it will confirm but it could take 24 hours or more.
Just wanted to correct something here. You said 0.0001 BTC per KB is the "recommended fee." I made a transfer with that fee (it was a 7KB transaction so ended up being 0.0007 BTC) and it took a little over 3 days still. So I think it's recommended to add more than that.