I sent about couple bitcoin cash from Electrum wallet to an exchange today and I didn't realize the fees was terribly low, only 0.009 mbit until i sent it. Of course i didn't mean to pay such a low fee but the wallet didn't show the fees; the fee slider was in the middle position and i assumed it's paying an average fee...
Anyway, since the fee is so low, what will happen? Is it possible nobody will mine my transaction and i lost my coins? Is there anything i can do?
thanks all!
Anyway, since the fee is so low, what will happen? Is it possible nobody will mine my transaction and i lost my coins? Is there anything i can do?
thanks all!
this happens like, 3 times a minute on this forum (welcome to the forum, btw). long story short; your coins are not lost. you wont have access to them for a nice chunk of time, so there may be some opportunity cost in that wait (like if you need to pay a bill, or you were moving it to speculate on the price). essentially, it will pend until the network decongests enough that your cheapskate bid for a transaction gets accepted into a block
if no one accepts it after a considerable time, then it will drop out of the mempool and it will be like it never happened.but the coins will eventually end up were you sent them (hope this wasnt a time sensitive address), or they never moved in the first place.