transactions stuck for over a week

[zipl0cc]

I have multiple transactions stuck because of this miner fee issue. i used coinb.in. i cant seem to find a help section. please somebody help me figure this out its been forever. they say to wait it out but i have transactions like 8 days old still stuck. isnt it supposed to time out at some point? please tell me what to do in order to fix this. i understand maybe coinbin was a little too advanced for my knowledge with bitcoin and ill maybe wait until i fully grasp it better. please help me get my transactions either refunded or unstuck somehow. i was using it just fine for a few weeks no problems.

[dabura667]

What transaction? Which address is yours? Where did you send it to?

Etc. Etc. this info is needed to help.

[win-t]

Hi @zipl0cc, it's okay if you don't want to share the transaction id because bitcoin mean to be anonymous (so the world cannot track it down to you), but as @dabura667 said, this info will help the community to find the problem, so it's up to you.

I hope you aware of this problem https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7 there is a limit of how many transactions can be processed per block, maybe you can recreate the transaction and raise the transaction fee so the miners will prioritize your transaction this time. The old transaction will be rendered invalid because of double spend, or if you are lucky the old transaction is confirmed first and then new transaction (which have higher transaction fee) is rendered invalid.

for me, 2 weeks (2016 block, the time need to adjust blockchain difficulty) + few day is still acceptable, because I never use bitcoin as a payment method, I only use bitcoin for a long-term saving purpose. as soon I encounter a transaction take longer than 2 weeks + few days, I will sell all of my bitcoin.

[win-t]

you can see https://blockchain.info/unconfirmed-transactions, 160k unconfirmed transaction and around 4 transactions processed per second, and to increase this rate the community need to increase the block size as Mike Hearn said on his article

[dabura667]

4 tx per second x 600 seconds = 2400 transactions per block @ 1MB

160,000 tx / 2,400 tx = 66.666

Solution: 67 MB blocks

We solved scaling, woohoo! Good job boys!

[win-t]

@dabura667, wkwk, 67MB per block, that crazy, lol, I don't recommend that we need to increase the block size up to that size, I just want to say that we are now in the age where bitcoin transfer is not free anymore, every transaction need a fee depending on how fast you want the transaction to be processed

[win-t]

I hope, there is out there good miners who prioritizing the transaction based on lock_time instead of transaction fee, what can I say, every human is greedy, right?, only people with faith in humanity will do that. but at least, it still better than current banking system, wkwk

[win-t]

@win-t, hmm, that is a good idea for a non-profit startup, you can crowdsourcing the funding to create a mining cluster, and use the profit of the mining to grow the cluster itself, if there is such startup, I am willing to donate to them

[zipl0cc]

sorry guys i used viabtc to get it unstuck

On May 22, 2017 6:25 PM, "Kurnia D Win" notifications@github.com wrote:

Hi @zipl0cc https://github.com/zipl0cc, it's okay if you don't want to share the transaction id because bitcoin mean to be anonymous (so the world cannot track it down to you), but as @dabura667 https://github.com/dabura667 said, this info will help the community to find the problem, so it's up to you.

maybe this related to https://blog.plan99.net/the- resolution-of-the-bitcoin-experiment-dabb30201f7 there is a limit of how many transactions can be processed per block, maybe you can recreate the transaction and raise the transaction fee so the miners will prioritize your transaction this time. The old transaction will be rendered invalid because of double spend.

for me, 2 weeks (2016 block, the time need to adjust blockchain difficulty) + few day is still acceptable, because I never use bitcoin as a payment method, I only use bitcoin for a long-term saving purpose. as soon I encounter a transaction take longer than 2 weeks + few days, I will sell all of my bitcoin.

— You are receiving this because you were mentioned. Reply to this email directly, view it on GitHub https://github.com/OutCast3k/coinbin/issues/95#issuecomment-303255753, or mute the thread https://github.com/notifications/unsubscribe-auth/AbhJMONK4wDxZbTsodrOwQjTux4tWSbyks5r8ieFgaJpZM4Nh5ce .

[win-t]

@zipl0cc ahh, good to know, you can close this issue then