Quote from: TomMacca on December 19, 2017, 09:15:13 AM

Quote from: cr1776 on December 19, 2017, 02:57:13 AM

Quote from: TomMacca on December 19, 2017, 01:40:31 AM

So this is my first post so i do anything wrong please correct me. But i recntly out 0.003 bitcoins into my electrum wallet. Today i transfered 0.0015 of those to exodus. This went fine but when i checked the transfer fee it was $17!!! (0.0007 bitcoin) Is this some sort of error? how can i cancel/ get it back. PLease hellp

If it is confirmed, you can get it back or cancel. Make sure you verify that the fee set is what you want.

How do i get it back? It has been confirmed. And if it was not confirmed can i still get it back?

I think cr1776 made a typo... I guess what he wanted to say was:

"If it is confirmed, you can't get it back or cancel. Make sure you verify that the fee set is what you want. "

Cause that's the truth... Once it's confirmed, there is no way to cancel your transaction, there are no refunds, no central authority to file an appeal... That's one of the basic idears behind bitcoin.

Quote from: TomMacca on December 19, 2017, 09:27:06 AM

So what time period should i expect if i set the fees low (rough numbers). And i am a bit confused on how to read the webstie u sent

Actually, it's not that hard to read if you know what you're looking for... At this moment, i read the following things:
"The fastest and cheapest transaction fee is currently 440 satoshis/byte" (it's below the graph).

If you don't need a 95% of getting your transaction into the next 3 blocks, you can read the graph itself.. At this moment (for example):
- a fee between 111 and 120 sat/byte has a 95% chance of being added to a block between 35 and 1440 minutes.
- a fee between 161 and 170 sat/byte has a 95% chance of being added to a block between 30 and 1080 minutes.
- a fee between 381 and 390 sat/byte has a 95% chance of being added to a block between 5 and 300 minutes.

Do realise that the lower you fee is, the longer you'll have to wait (on average) and the bigger the chance that something will change in the meantime. There is no timestamp added to your transaction... So, the miners won't add your transaction just because you've been waiting for 1440 minutes...