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This is a common misconception. The fee is not based on the transferred value, it's only dependant on the size of the transaction (in bytes).
The size of the transaction only depends on the number of inputs and outputs, not their value.
Manually calculating a fee is something that's better left to more experienced users (imho), i'd suggest picking a good, decent wallet and following it's advice regarding fees. If you have no clue about inputs and outputs, don't try to pick your own fee, cause you'll end up in the situation where you payed 0.005 BTC as a fee for a 0.05 BTC transaction, and honestly believe the fee *has* to be sufficient... But that's not how it works i'm afraid...
I didn't change my rate
as I said i'm a newb and all i did was process the txn from my source wallet to a destination using the recommended fee
i didn't even think you could change that fee
Thanks for your help guys txn went through
Hey there
complete newbie here
unsure why this transaction is stuck - day 4 and counting
can you help?
https://blockchain.info/tx/8dad82cdb33e7015e1235476a421bee959946fbdcd5c59f74a007f8a2be5137c
trying to move between accounts so I can use BTC to purchase other coins / tokens
appears that the fees are a bit low (which I didn't now I could change) and hence it is getting held up?
Your transaction is "stuck" because it is spending the output from a previous unconfirmed transaction (89ff18b4276fac5d78cf2cbd67a74c70e61ce95ffeb9cf665c5ecb285790ec38)complete newbie here
unsure why this transaction is stuck - day 4 and counting
can you help?
https://blockchain.info/tx/8dad82cdb33e7015e1235476a421bee959946fbdcd5c59f74a007f8a2be5137c
trying to move between accounts so I can use BTC to purchase other coins / tokens
appears that the fees are a bit low (which I didn't now I could change) and hence it is getting held up?
This previous transaction only has a fee of 39 sats/byte which is quite low compared to the recommended... https://btc.com/stats/unconfirmed-tx (120+) and https://bitcoinfees.earn.com/ (370+
)I'll try and get both accelerated, no promises tho.
^^^Woah
Got no idea wat the spent and unspent means
my txn is not that low in comparison to others - transfering 0.05 BTC with a 0.005 fee...not the thread for it here but unclear why someone else's transaction is slowing mine donw
anyway - thanks in advance!!
Hey there
complete newbie here
unsure why this transaction is stuck - day 4 and counting
can you help?
https://blockchain.info/tx/8dad82cdb33e7015e1235476a421bee959946fbdcd5c59f74a007f8a2be5137c
trying to move between accounts so I can use BTC to purchase other coins / tokens
appears that the fees are a bit low (which I didn't now I could change) and hence it is getting held up?
complete newbie here
unsure why this transaction is stuck - day 4 and counting
can you help?
https://blockchain.info/tx/8dad82cdb33e7015e1235476a421bee959946fbdcd5c59f74a007f8a2be5137c
trying to move between accounts so I can use BTC to purchase other coins / tokens
appears that the fees are a bit low (which I didn't now I could change) and hence it is getting held up?