Quote from: AdolfinWolf on December 27, 2017, 12:44:10 PM

Quote from: HCP on December 27, 2017, 05:52:17 AM

Quote from: 22_UK on December 26, 2017, 11:43:44 PM

I am currently waiting for a transaction to send from my hardware device to an exchange and I sent a low fee so it is taking a while, can I proceed to send payments with high fees like normal or do I have to wait for this transaction to confirm?

The issue will be if any new transaction uses unconfirmed "change" from your low fee transaction, then the new transaction will also get stuck... as it cannot get confirmed until the low fee one does. This "chain" could continue for each new transaction that you make depending on how your wallet handles unconfirmed inputs, some wallets allow you to configure them so they will NOT try and spend unconfirmed inputs so you don't end up with a chain of unconfirmed transactions all waiting on one low fee transaction.

No, not if the fees of the second transaction are high enough ( preferably 2x the recommended)

Miners will simply mine the first transaction to get the fees from the second transaction, in which case you're essentially doing a CPFP transaction.

https://themerkle.com/what-is-child-pay-for-parent/

Quote from: 22_UK on December 27, 2017, 11:50:00 AM

Thanks, really appreciated. Looks like i'm holding for a while. Lets hope the miners all upgrade quick with their profits from this year!

It has nothing to do with the miners not mining fast enough, it's simply that the blockchain is limited to X amount of normal non-segwit and segwit transactions.

Thanks, would you mind clearly this up for me.. I'm getting increasingly worried and confused.

When I hit refresh on my ledger nano the unconfirmed transaction keeps disappearing and reappearing when I hit refresh/reset app data etc.

So this is the transaction I have stuck currently.. (I have received one transaction to my ledger since sending this, but I have not sent any yet).

Total Input 0.00729549 BTC
Total Output 0.00692549 BTC
Fees 0.00037 BTC
Fee per byte 98.93 sat/B
Fee per weight unit 24.733 sat/WU
Estimated BTC Transacted 0.00645 BTC

Could you recommend a transaction to send to get back to normal and explain why I am safe from loosing any money? cause ATM as I understand it if I send any further transactions my BTC is stuck forever or until BTC is updated.

22_UK

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