Accelerate UNCONFIRMED Bitcoin Transactions

in #bitcoin7 years ago (edited)

Having a problem with UNCONFIRMED Bitcoin transactions? 

 Recently bitcoin fees have been rather high, 0.0015BTC or higher. That's more than $20. And if you pay less, then your transaction can get stuck and stay unconfirmed for hours or days. 

ESPECIALLY if you do that transaction from a crypto exchange, where they don't let you to choose the transaction fee. Some of them have transaction fees 0.0008BTC or less, which results in a great deal of delay. 

bitcoin transactions

What's even worse, some smaller crypto exchanges, like Yobit.io charge you a small transaction fee, and then KEEP THE FEE and put your transaction on the blockchain with NO FEES attached at all. And that  can keep it unconfirmed FOR SEVERAL DAYS. And that's no fun when you have a significant amount of bitcoin stuck in cyberspace for days, without knowing when it'll get confirmed.

If that happens to you, there are several services that can UNSTUCK IT, by accelerating the confirmation. Here are two of those:

One is http://confirmtx.com/ 

They charge a small fee which you can change, but it defaults to $5. They're rather slow, in that it can take a day or two to get that confirmation. BTW, once a transaction has ONE confirmation, the other confirmations will follow within an hour or so, since the first confirmation gets it into a block, and there it can't be ignored anymore.

Second one is at http://btc.com

These guys are FAST, but they also aren't cheap. It cost me $71 to get a 0.4BTC transaction confirmed, but they pushed it through within MINUTES after they got my payment. Of course you don't wanna pay them with bitcoin if your exchange has problems with getting those transfers confirmed, but they take ETHER and Bitcoin Cash which work well even if sent from a lousy crypto exchange. And what you do at btc.com is that you put the transaction ID into the search field and hit enter. If that transaction is unconfirmed, they got a red button there to ACCELERATE the transaction.

Oh and you have to give them the bitcoin TRANSACTION ID. That can be found by a search at Blockchain.info, by putting the receiving address into the search field.

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BTW, if you're into cryptocurrency, you may wanna checkout ONLINE BITCOIN MINING. It's very easy to get into, and you can make 5 to 50 TIMES your investment within a year./ And there's NO MINIMUM amount required. I wrote a post about it here:

https://steemit.com/bitcoin/@jaro/there-s-a-gold-rush-going-on

Or just go to https://hashflare.io/r/1E78B84C to sign up. 

They pay out daily and to buy a bitcoin mining contract just click on "Buy Hashrate" and then move the slider to the amount you want. Pay with bitcoin or credit card.


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In order to transfer the BTC balance from one account to another, From the best BTC switch to another currency such as DGB, You will find a very small sending fee, and then send it to another account, You can then switch it to BTC, taking into consideration the purchase price.

Nowdays biggest problem on btc is high fees and transaction delay

Bitcoin is getting worse with slow and high fees..........sold all of it and putting into steemit.

#nkkb
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Never put all your eggs in one single basket! ;)

That's a golden advise.

Hahaha Glad you liked! But is true mate! I already upvoted and followed you! Feel free to do the same :)

The @OriginalWorks bot has determined this post by @jaro to be original material and upvoted it!

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Same message posted 2 time by your bot

This time bitcoin is running very difficult.
My money has become unconfirmed since 4 days in blockchain.

That's because you paid a super low fee. Most of the time a $3 fee will get your transaction confirmed within 24 hours. Yesterday I paid a $7.50 fee and it was confirmed in less than an hour.

Is it possible for a miner to choose what fees he wants or is it automatic?

The confirmations take forever and is too expensive!

I agree! At the moment bch is way better...

That's because you paid a super low fee. Most of the time a $3 fee will get your transaction confirmed within 24 hours. Yesterday I paid a $7.50 fee and it was confirmed in less than an hour.

How much was your transaction. Ofcourse if you send $10000 in BTC 7.50 is no big deal but if you are sending 20 then that is a whole other story.

Very nice i needed this. Thank you

Bitcoin simply does not work now!

Sure it does, you just gotta pay higher fees to get your transactions confirmed. And high transactions make MINING bitcoin MORE profitable. So you can either cry about high fees or join the miners and smile all the way to your bitcoin wallet :-)

Yeah, only that no one will do that and they are shoveling their own grave because everyone use literally anything else.

For example me, I use Bitcoin Cash now for everything.
Much cheaper, much faster, much better.

If Bitcoin continues to piss its market share away like that they won't be left with a lot in the future.

I agree....bitcoin cash works way better now! It is the true digital cash! :)

You like Bitcoin trash? It's just an ALTCOIN that leached on the TRUE bitcoin.

:crickets:

Dear @jaro im a miner already... you can mine, but at the end the price is defined by the market, which is also defined by its usability....if bitcoin is useless its price will sink and so will the mining

Bitcoin is very useful. The reason why transaction fees are high sometimes, is because a LOT of people use it. And once the Lightning network arrives, it'll be super fast.

Agree! But the point is...when will it arrive? We are waiting for improvements for so long, and only obtained forks and more forks...not a real solution for core

Just set a higher miner fee :P

Bence bitcoin en fazla kazamdıran birşey

In recent times, the value of H has increased, resulting in increased graphics value SIMPLY

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It is just an economic bubble.

Care to explain how this acceleration thing works?

Your transaction gets prioritized.

And now look... In every presentation they say "bitcoin is cool because it is peer to peer transaction without middle man involved". Just imagine peer to peer transaction that takes days and weeks. Why would i be against bank? When turns out transaction with middle man involved is fast because they are responsible while bitcoin is decentralized noone is responsible for your transactions. Thats why it can get messy @originalworks

That's because some people pay a super low fee. Most of the time a $3 fee will get your transaction confirmed within 24 hours. Yesterday I paid a $7.50 fee and it was confirmed in less than an hour.

Somewhere MasterCard and Visa are toasting Chamapgne and laughing at 4 day transaction confirmations lol.

exactly :D hah you pay me 7.5$ and i will take that money wherever you want in 12 hours :D

Hey nice words. Am following you and vote for you. And if you like my post please do the same. 🖒

Care must be taken, when it comes to the talk of cryptocurrencies, it's very hard to predict which and which, but at this present moment that things are like this for bitcoin, to play smart I think one should switch to steemit.

Is there anyone with me? ✋

Good to know, thanks.

Por eso prefiero litecoin

Gut
Schönen Tag

I Used That Same Pic once!

 7 years ago  Reveal Comment

Bitcoin will always be a KING of crypto currencies. Even now it holds about 50% marketshare, more than any other crypto. Any problems are temporary which will vanish when the Lightning network arrives and makes it super fast.

I get now but always?
You said always!
Imagine a guy in 1997 saying yes motorola will always be #1 in cellphones.
Always is a very broaaaad word.

To the point!
Lightning networks is not needed at this point, and is very risky solution to problem which could be solved in more simple ways..

Completely agree! Always is a very heavy term in today's ultrafast digital world

I own some steem and Eos but not any bitshares...I've actually heard a lot about bitshares...what's the benefit of it?