What would have happened if i didn't set an optimal fee?  Could the transaction be stuck for months?  I am using Electrum 4.5.5

Also I think I am on the home stretch, I am just waiting for 1-2 hours for the ASB to ANZ transfer to be completed

Handshakes all around.  This is my poker money, which i grinded on GGPoker for 8 months or so, I think I only made little money but this $2000nzd or so turned out to be $20000 over 5 years or so of holding, so now im taking some of that towards paying my new car payment , this is my small moon, because of this $6500nzd or so I don't have a 3 years loan of $100 per week plus interest on my car, I just own the car outright.

I still have some more mbtc and I'm gonna continue to hold, I might look into buying more BTC in the future

Again thanks to everyone in this thread, without it im scared and confused of this process, but at least I know how to sell my bitcoin now

Edit: I think I have arrived at the same page where im doing P2P transfer

This is the best/correct way to do it right?  This is the way i did it last time

https://imgur.com/a/uNQ0aou

I think im almost there

I need help again.  Im on the binance website and im lost, I don't know where my 60mbtc went.  This stuff is way too confusing and I don't know what im doing somebody please help.

I looked at my transaction history and i can see the 60mbtc main transaction, and the 1mbtc test transaction both recieved. - Allgood -(screenshot 1)

Then i click on my payment history on the left, and I can see the test transaction I did before where I sold my 1mbtc for cash and recieved new zealand dollars in my bank account - Allgood (screenshot 2)

Now I cannot for the life of me remember how the process to sell my bitcoin is.  I went on the main screen / market I think and sold my 60mbtc for $3969 USDT and clicked the sell order and it filled. I believe I have $3969 USDT TetherUS on the account now (?) and now I don't know how to withdraw to my bank account again

Please help I don't want to screw this up and I need to use this money for my car payment

Where do i go on the website to withdraw the $3969 USDT to my bank account in new zealand dollars?  Im so lost can someone who uses binance please tell me where im supposed to click

https://imgur.com/a/ankEin6

Thanks guys, I am doing the main bigger transaction today of 60mbtc

Here is the transaction ID:

99d34288d04cc5579da8c88030f5935a7b8dc824e9baeb83993b6867a830b98e

Do i need to submit it to the accelerator? I looked at the accelerator website but I have no idea how to do it or what I am looking at

I did however read the posts in this thread and I made sure my fee target was above 35sats/vbyte, I paid 38, I believe my total fee is 0.3mbtc if im reading correctly

As for lightning network, BTC or segwit network selection on binance, i picked the BTC one because it says 41 confirmations and i think thats the one i used on my test transaction, im still not sure what those do completely

Once again thanks all for the help, im not too good with this technical stuff, but I am learning alot just by being here and I do appreciate it

Thank you for the help guys I really appreciate it

Im going to have to do the same process again but this time for a bigger transaction

How big does the transaction fee need to be if the transaction is approximately 50mbtc ($5000 usd)?

I really don't understand this bitcoin mempool stuff but I see that I have some post history on my account dating back to 2017 where I was begging for some help speeding up some transactions, so maybe its just a normal thing

I need this btc as real money this month as im using it towards part of a car payment and my mums covering it with her credit card for now, but her credit card has 25% interest if she doesen't pay it back within a month, so i need the transaction to not get stuck in limbo

3 days overall is slow but its not terrible.  It only went through after you guys did that submit to thing linked above

Thanks again for all the help

As per title, I sent 1mbtc ($69usd) as a test payment from my electrum wallet to binance exchange address with the intention of converting that into money to be sent to my bank account.

After 48 hours, the transaction is still stuck as unconfirmed.  I noticed the position in mempool has changed from 8.77 to 8.15 since yesterday, this still seems its going to take 1-2 weeks to confirm.  Wtf?

Is this a problem of using a bad wallet?  I was just doing a test transaction to see if i can reach it to my bank account first before i move more bitcoin, and I need this bitcoin sold for fiat into my bank account this month as I am partly paying for a car that I am buying.

Can anyone help me?  I have posted a screenshot, and as you can see the transaction ID are identical and correct.

https://imgur.com/a/LQA0zl4

Can you please accelerate these transactions?

They have both been stuck unconfirming for 7days now.

I promise to tip once they have been confirmed!

00c34b626129bc2708f467bb003aa7b945eca7db52dc1f8e2f6be9df853a1227

74c2ba653edb6905bac5db3f882d72cd9058a66309dc1730df03b0673f38c2a5

I have several transactions, all of which are not confirming

One recieving transaction of $500, which has been stuck confirming for 10days now

And 2-3 outgoing transactions of $100 each, all of which have been stuck confirming for 3+days now

I literally cannot use bitcoin right now because of the insane fees.  Trying to send $100 worth of BTC results in a $66 transaction fee for the standard fee mode, $33 for super economy setting, and if i manually adjust it to a lower fee, its stuck in confirming forever.

Fees have increased to an even more stupid amount today- I tried to send $10 of bitcoin to see if i could actually get a transaction through- I had to pay $16.50 in fees, more than the fucking amount of the transaction.  Its been 2 hours and that still has no confirmations.

What the fuck is going on?

Please accelerate my transactions

74c2ba653edb6905bac5db3f882d72cd9058a66309dc1730df03b0673f38c2a5

563a308b92f2d940b91350fa51ea17d5fc29814fe79c21298af71cd1c7e77cd4

I promise to tip once they have been confirmed!

Hi and thank you!

I have a quick question since it is my first time here requesting an accelleration, my transaction I requested is for 0.04347839 BTC, which was $512usd at the time of transaction, yet the sender has only put a fee of the minimum (0.0001 BTC or $1.06usd).  Does this mean it will be very hard and take very long to confirm this transaction?

Hello sir,

Could you please help me get my transaction confirmed?

563a308b92f2d940b91350fa51ea17d5fc29814fe79c21298af71cd1c7e77cd4

Thank you!