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Showing 10 of 10 results by Nemo81
1. Get 12 word seed from Mycelium
2. In Electrum... "File -> New/Restore -> Standard Wallet -> I already have a seed -> click 'Options' -> Check "BIP39 Seed" -> Enter 12 word seed from Mycelium -> Leave Derivation Path as m/44'/0'/0'/0"
Wait for Electrum to sync up... it should show your transaction history and balance pretty quickly (seconds), but your transactions will probably show as "Not Verified" until it has fully downloaded the blockheaders... might take a minute or two... if you select "Tools -> Network", you should see the "blocks" number counting up... once it reaches the height of the Blockchain, currently around 481,100 or so, it is fully synced...
NOTE: I'd probably recommend that you setup a completely new wallet in Mycelium with a new seed etc. before you send the coins back... by importing your seed to Electrum you are potentially exposing it.
Hard to say what is going to happen with transaction fees to be honest... keep an eye on this: https://blockchain.info/charts/mempool-count and https://btc.com/stats/unconfirmed-tx
When the mempool count is low (10K-15K or less), you should find that the fees come back down... in any case, as long as you use a fee that is higher than 10 sats/byte, you'll be able to use the ViaBTC TX accelerator... it can be hard to get one of the limited slots tho... and even when you do it can still take up to 12 hours for them to find a block. So you need to be aware that all your coins could be "stuck" for a while if you attempt this.
2. In Electrum... "File -> New/Restore -> Standard Wallet -> I already have a seed -> click 'Options' -> Check "BIP39 Seed" -> Enter 12 word seed from Mycelium -> Leave Derivation Path as m/44'/0'/0'/0"
Wait for Electrum to sync up... it should show your transaction history and balance pretty quickly (seconds), but your transactions will probably show as "Not Verified" until it has fully downloaded the blockheaders... might take a minute or two... if you select "Tools -> Network", you should see the "blocks" number counting up... once it reaches the height of the Blockchain, currently around 481,100 or so, it is fully synced...
NOTE: I'd probably recommend that you setup a completely new wallet in Mycelium with a new seed etc. before you send the coins back... by importing your seed to Electrum you are potentially exposing it.
Hard to say what is going to happen with transaction fees to be honest... keep an eye on this: https://blockchain.info/charts/mempool-count and https://btc.com/stats/unconfirmed-tx
When the mempool count is low (10K-15K or less), you should find that the fees come back down... in any case, as long as you use a fee that is higher than 10 sats/byte, you'll be able to use the ViaBTC TX accelerator... it can be hard to get one of the limited slots tho... and even when you do it can still take up to 12 hours for them to find a block. So you need to be aware that all your coins could be "stuck" for a while if you attempt this.
I was able to restore masterssed of Mycelium on Coinomi wallet and solve the issue as suggested by you.
Thanks again for help
There is no reason you can't keep doing it... so if you want to go through all the hassle and waste time and potentially get your coins stuck in unconfirmed transactions by messing about with low fee transactions and bitcoin accelerators to try and save your dust... Then go for it.
Thanks, I will do like this.
BTW with the BTC price constantly increasing, I think that micro trasactions (dust) will be always much more common than before. So someone has to find a solution (i'm sorry, I can't not. I'm a really new baby)
While I will continue to receive small transaction amount (from faucet or small investment) I think I will be in the same situation after few month.
Can I do the same process once every couple of month?
Do you have a android wallet (better if sync with desktop) that are not creating so many byte for receiving all the "dust" that I will continue to receive and has manual transaction fee option?
ALL bitcoin wallets will do this... it is just the way bitcoin works. Either stop collecting such small amounts, or live with the fact that you're going to end up with large transactions.Can I do the same process once every couple of month?
Do you have a android wallet (better if sync with desktop) that are not creating so many byte for receiving all the "dust" that I will continue to receive and has manual transaction fee option?
The only way to stop this is to not receive small amounts.
What about if I do the masterseed transfer method to electrum every couple of months. It will mitigate the situation?
1. Get 12 word seed from Mycelium
2. In Electrum... "File -> New/Restore -> Standard Wallet -> I already have a seed -> click 'Options' -> Check "BIP39 Seed" -> Enter 12 word seed from Mycelium -> Leave Derivation Path as m/44'/0'/0'/0"
Wait for Electrum to sync up... it should show your transaction history and balance pretty quickly (seconds), but your transactions will probably show as "Not Verified" until it has fully downloaded the blockheaders... might take a minute or two... if you select "Tools -> Network", you should see the "blocks" number counting up... once it reaches the height of the Blockchain, currently around 481,100 or so, it is fully synced...
NOTE: I'd probably recommend that you setup a completely new wallet in Mycelium with a new seed etc. before you send the coins back... by importing your seed to Electrum you are potentially exposing it.
Hard to say what is going to happen with transaction fees to be honest... keep an eye on this: https://blockchain.info/charts/mempool-count and https://btc.com/stats/unconfirmed-tx
When the mempool count is low (10K-15K or less), you should find that the fees come back down... in any case, as long as you use a fee that is higher than 10 sats/byte, you'll be able to use the ViaBTC TX accelerator... it can be hard to get one of the limited slots tho... and even when you do it can still take up to 12 hours for them to find a block. So you need to be aware that all your coins could be "stuck" for a while if you attempt this.
2. In Electrum... "File -> New/Restore -> Standard Wallet -> I already have a seed -> click 'Options' -> Check "BIP39 Seed" -> Enter 12 word seed from Mycelium -> Leave Derivation Path as m/44'/0'/0'/0"
Wait for Electrum to sync up... it should show your transaction history and balance pretty quickly (seconds), but your transactions will probably show as "Not Verified" until it has fully downloaded the blockheaders... might take a minute or two... if you select "Tools -> Network", you should see the "blocks" number counting up... once it reaches the height of the Blockchain, currently around 481,100 or so, it is fully synced...
NOTE: I'd probably recommend that you setup a completely new wallet in Mycelium with a new seed etc. before you send the coins back... by importing your seed to Electrum you are potentially exposing it.
Hard to say what is going to happen with transaction fees to be honest... keep an eye on this: https://blockchain.info/charts/mempool-count and https://btc.com/stats/unconfirmed-tx
When the mempool count is low (10K-15K or less), you should find that the fees come back down... in any case, as long as you use a fee that is higher than 10 sats/byte, you'll be able to use the ViaBTC TX accelerator... it can be hard to get one of the limited slots tho... and even when you do it can still take up to 12 hours for them to find a block. So you need to be aware that all your coins could be "stuck" for a while if you attempt this.
Thank you very much for your useful information, I will do it as soon as I can.
While I will continue to receive small transaction amount (from faucet or small investment) I think I will be in the same situation after few month.
Can I do the same process once every couple of month?
Do you have a android wallet (better if sync with desktop) that are not creating so many byte for receiving all the "dust" that I will continue to receive and has manual transaction fee option?
Thanks again for your help
You can't... the only way to consolidate inputs is to send them all in a transaction to yourself... so that you end up with 1 big giant input... that way, when you send future transactions, you'll be at minimum size. The problem with consolidation transaction is that you'll still end up needing to see one large transaction (and get hit with large fees)
To get around this, I'd suggest you import your Mycelium seed into a desktop version of Electrum... and then you can use manual fees to do a consolidation transaction that sends ALL your coins back to one of your Mycelium addresses with a low fee (minimum of 10.1 sats/byte)... then use ViaBTC TX Accelerator to push the transaction to get it confirmed.
You probably want to wait until the network is a little less congested tho... ViaBTC TX is very popular because fees got expensive again... and there are like 30K+ transactions unconfirmed.
To get around this, I'd suggest you import your Mycelium seed into a desktop version of Electrum... and then you can use manual fees to do a consolidation transaction that sends ALL your coins back to one of your Mycelium addresses with a low fee (minimum of 10.1 sats/byte)... then use ViaBTC TX Accelerator to push the transaction to get it confirmed.
You probably want to wait until the network is a little less congested tho... ViaBTC TX is very popular because fees got expensive again... and there are like 30K+ transactions unconfirmed.
Perfect, your idea looks good to me. I have just to find out how to import my mycelium masterseed to electrum desktop. Do you have a step by step procedure for that? Or I just simply restore the backup of mycelium (12 words) with electrum desktop? (found this https://bitcointalk.org/index.php?topic=1895725.0 should be ok for me because i have only 1 account)
Do you think that transaction will be less expensive end of August?
Hi,
I'm way far away from that transection fees, mine are insane!!
40% fee for a normal priority and a 20%fee for a low priority fee.
Is there a way to disable the function to get the price from this mycelium server?
I don't want to change wallet, but if the fees are so insane, I will be force to.
Look at the picture
http://imgur.com/a/7yGeM
http://imgur.com/a/O53gM
Please help
Your problem is that your wallet is full of dust. The wallet is using perfectly normal fees... 264 sats/byte for "Normal" and 175 sats/byte for "Low Prio"...I'm way far away from that transection fees, mine are insane!!
40% fee for a normal priority and a 20%fee for a low priority fee.
Is there a way to disable the function to get the price from this mycelium server?
I don't want to change wallet, but if the fees are so insane, I will be force to.
Look at the picture
http://imgur.com/a/7yGeM
http://imgur.com/a/O53gM
Please help
Currently, because of network congestion, fees got really high again... bitcoinfees.21.co says "The fastest and cheapest transaction fee is currently 300 satoshis/byte" and https://btc.com/stats/unconfirmed-tx is saying "291 sats/byte"...
If you look, you have 10 inputs for your 0.01!!?!
Your transaction is 1524 bytes... a "normal" transaction is 226 bytes... your transaction is nearly SEVEN times the size of a normal transaction... Try to avoid collecting lots of tiny inputs and you won't have this issue in the future.
How can I clean my wallet from all this "dust"? or how can I reduce the transaction size?
Hi Jacee,
no there currently is not.
Currently sending using priority will build a 90 satoshi/byte transaction, which when compared to the fees recommended is on the upper bound of the bracket.
http://imgur.com/jHrhKXd.png
Assuming you build a standard transaction the fee should more then enough to be included with the next block,
please see our article below, which goes into details how the fee is chosen, how transactions are affected by the fee and how you can estimate the confirmation time for a transaction.
http://support.mycelium.com/hc/en-us/articles/207130269
TL;DR:
Android:
If your wallet is up to date it will display the fee paid per byte at the bottom of the transaction details, which can be entered by selecting the Transaction within the Transactions-tab an choosing "Show Details" from the dropdown menu.
You can then check https://bitcoinfees.21.co to see what the current recommended fee is for a transaction to be included in the next block beneath the graphic in bold.
iOS:
Our iOS version does display the fee used broken down to sat/B, you can also go into the transaction details and copy the transaction id by long-pressing the transaction id and search for it, check your transaction id using https://www.smartbit.com.au, it will display the fee used in sat/B, which can also be compared to what https://bitcoinfees.21.co recommends.
ViaBTC is a mining group that will priotize your transaction if you have given it a fee of 0.0001 BTC or higher, you can provide them with your transaction id here https://www.viabtc.com/tools/txaccelerator/
Hope this helps
no there currently is not.
Currently sending using priority will build a 90 satoshi/byte transaction, which when compared to the fees recommended is on the upper bound of the bracket.
http://imgur.com/jHrhKXd.png
Assuming you build a standard transaction the fee should more then enough to be included with the next block,
please see our article below, which goes into details how the fee is chosen, how transactions are affected by the fee and how you can estimate the confirmation time for a transaction.
http://support.mycelium.com/hc/en-us/articles/207130269
TL;DR:
Android:
If your wallet is up to date it will display the fee paid per byte at the bottom of the transaction details, which can be entered by selecting the Transaction within the Transactions-tab an choosing "Show Details" from the dropdown menu.
You can then check https://bitcoinfees.21.co to see what the current recommended fee is for a transaction to be included in the next block beneath the graphic in bold.
iOS:
Our iOS version does display the fee used broken down to sat/B, you can also go into the transaction details and copy the transaction id by long-pressing the transaction id and search for it, check your transaction id using https://www.smartbit.com.au, it will display the fee used in sat/B, which can also be compared to what https://bitcoinfees.21.co recommends.
ViaBTC is a mining group that will priotize your transaction if you have given it a fee of 0.0001 BTC or higher, you can provide them with your transaction id here https://www.viabtc.com/tools/txaccelerator/
Hope this helps
Hi,
I'm way far away from that transection fees, mine are insane!!
40% fee for a normal priority and a 20%fee for a low priority fee.
Is there a way to disable the function to get the price from this mycelium server?
I don't want to change wallet, but if the fees are so insane, I will be force to.
Look at the picture
http://imgur.com/a/7yGeM
http://imgur.com/a/O53gM
Please help
Ciao a tutti,
Sono nuovo del forum e del mondo bitcoin. Mi scuso fin da subito se questa non fosse la sezione giusta in cui postare il mio appello di aiuto.
Vi scrivo x chiedere aiuto per una transazione ricevuta che viene identificata come unconfirmed parent.
La transazione in oggetto è la seguente 39avj4juGn95J1xM2eaumJzNxGRREhcRqw.
Non ci capisco molto ma, da quello che ho capito, i btc che ho ricevuto, in realtà, sono stati già spesi da qualcun altro. È così?
C'è qualcosa che possa fare per "sbloccare" questa transazione?
Fatemi sapere
Saluti
Sono nuovo del forum e del mondo bitcoin. Mi scuso fin da subito se questa non fosse la sezione giusta in cui postare il mio appello di aiuto.
Vi scrivo x chiedere aiuto per una transazione ricevuta che viene identificata come unconfirmed parent.
La transazione in oggetto è la seguente 39avj4juGn95J1xM2eaumJzNxGRREhcRqw.
Non ci capisco molto ma, da quello che ho capito, i btc che ho ricevuto, in realtà, sono stati già spesi da qualcun altro. È così?
C'è qualcosa che possa fare per "sbloccare" questa transazione?
Fatemi sapere
Saluti