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UPDATE: Electrum now says the transaction is "Local" and now I have an option to "broadcast", should I do that?

OP:

So, I'm trying to spend a small amount of bitcoin on a website (not relevant) and I send over 0.0010346 BTC with a fee of 0.0000543 BTC ( 30.2 sat/byte ) and it's been almost 24 hours, and it still hasn't confirmed. The website stated it saw my payment, and will convert my BTC into balance once the BTC gets confirmed, and it's stressing me out because I'm afraid my BTC was lost somehow... I'm generally new to BTC so any help is appreciated.

The transaction used to show up on Bitcoin Explorer (blockstream.info) which is what my wallet (electrum) directs me do, and now it doesn't?!? Really stressing me. Transaction id is c4bea179e5e772b131c475f9030088b67dea5054a545713dc32458829fa61598

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  • Hi Connor, I think the main gist of your question is addressed on bitcoin.stackexchange.com/questions/50064/…. Could you please check that topic out? A transaction at 30 sat/B is probably going to confirm sometime next week.
    – Murch ♦
    Commented Oct 30, 2020 at 17:25

1 Answer 1

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I can see the transaction here: https://blockchair.com/bitcoin/transaction/c4bea179e5e772b131c475f9030088b67dea5054a545713dc32458829fa61598

This is how you can visualize your transaction in a pool of other unconfirmed transactions with different fee rates:

mempool

Miners prioritize transactions with higher fee rates from this pool to add in the blocks and thats how transactions are confirmed. Your transaction will stay lower in the pool and less likely to get confirmed until others keep using higher fee rate.

Also there is a limit of 300 MB used by most of the full nodes which might result in lot of low fee rate transactions being dropped from their mempool. Not sure if this will affect your transaction with fee rate: 30 sat/vByte.

  1. RBF was not enabled for this transaction. Ensure that you are using a wallet that supports RBF and enable it for most of the transactions. It allows you to add more fees later.

  2. CPFP cannot be done in this case as it has only one output which I am assuming owned by the website.

  3. Be patient and wait for couple of days. Email the website support about this issue.

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  • So as for an eta, it's almost certain that I have to wait a couple days?
    – Connor
    Commented Oct 28, 2020 at 20:52
  • I cannot predict things about mempool. Expecting things to settle by weekend. You can also use LN for bitcoin payments which works better if the website supports it. Here is a list of LN wallets: blog.bitrefill.com/…
    – user103136
    Commented Oct 28, 2020 at 20:57
  • It now says status is local, and I have an option to broadcast, should I do it?
    – Connor
    Commented Oct 29, 2020 at 0:48
  • Yes rebroadcast it. Maybe it was dropped from mempool.
    – user103136
    Commented Oct 29, 2020 at 2:15
  • The MB to tip keeps increasing.. is that bad
    – Connor
    Commented Oct 29, 2020 at 2:51

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