Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not serving its purpose ANYMORE transfer waiting 48hr even paid high
by
hulla
on 24/02/2021, 04:24:36 UTC
Hello,

I was made a transfer yesterday
https://www.blockchain.com/btc/tx/c2f026d881fb1e927918f6dbb699636e4fc4591623ceadac80c09a1db07fc03b

I paid high fee:
Fee
$29.26
(176.366 sat/B - 44.091 sat/WU - 339 bytes)

But still didnt get confirmed.

Wasn't the purpose of bitcoins fast money transfer with appropriate transfer fees?
Transaction confirmation delay doesn't mean Bitcoin did not serve it purpose anymore if you follow the right procedure before sending your transaction and paying a huge transaction doesn't matter either if you don't check the mempool condition.
Having said that, your transaction is currently at a good priority level and should get confirm in 2hours (12 blocks)if there's an increase in the network congestion since the wallet you use is Legacy but it will nice if you use the Segwit wallet ("bc1" or "3") next time.

This is a high fee transaction yet still unconfirmed. I've checked mempool and there's a lot of unconfirmed transactions.

Try your luck pushing that transaction through: https://www.viabtc.com/tools/txaccelerator

Wasn't the purpose of bitcoins fast money transfer with appropriate transfer fees?
That's right yet sad to see that you have experienced slow in confirmation even though you've paid a lot in fees.

Or use the bitaccelerate - https://bitaccelerate.com/. Whenever I make btc transaction, I use this free accelerator afterwards. OP's transaction will be soon confirmed. But 19 hrs and still waiting, paying  176 sat/byte, usually that payment amount before will only take few minutes.
bitaccelerate only rebroadcast transaction but https://www.viabtc.com/tools/txaccelerator is the only working accelerator. It seems to be beyond the limit due to requests.