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I first time bought a smaller piece of bitcoin and wanted to do some shopping from that, but I still my wallet contains only not confirmed bitcoins.

My questions are:

  1. Why the confirmation takes so long?
  2. I saw a page that shows the total count of unconfirmed transactions, its increasing, not decreasing - could it mean that my transaction will never be confirmed?
  3. How does the confirmation work?

Thanks!

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Because you have paid a lower fee than others, so your transaction is put last. Your coins will return to your wallet, but can take up to 4-6 days before that happens. Hope it helps you.

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  • Your transaction is put in something called mempool, from there it goes to a block when one is created, the higher fee you pay, bigger chance your transaction will be confirmed. – Mogens May 24 '17 at 11:43

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