Tanyagrits
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Joined: Thu May 20, 2021 6:27 am

Bitcoin transaction is stuck in a loop without any confirmations for over 24 hours already  Topic is solved

Thu May 20, 2021 6:32 am

:x I’ve sent similar Bitcoin funds multiple times with the longest wait of post about 2 hours. I checked blockchain and it seems to be going in a loop without any confirmation what so ever. I have a feeling like my transaction is stuck and I need my funds

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nandibear
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Re: Bitcoin transaction is stuck in a loop without any confirmations for over 24 hours already

Thu May 20, 2021 9:58 am

:x I’ve sent similar Bitcoin funds multiple times with the longest wait of post about 2 hours. I checked blockchain and it seems to be going in a loop without any confirmation what so ever. I have a feeling like my transaction is stuck and I need my funds
hey Tanya,

If you did not set an adequate fee your transaction might not confirm. If it does not confirm within 14 days the transaction will drop from the mempool and return to your wallet (the address sent from).

The fee is based on transaction size in bytes and network congestion and is paid to the miners to included the transactions in a block.

The more inputs a transaction has the higher the fee will be.

To learn more about transaction fees please see: https://en.bitcoin.it/wiki/Transaction_fees

There is some information in regard to predicting fees at https://bitcoinfees.earn.com/

As for what can be done now about your unconfirmed transaction you can look into using a bitcoin transaction accelerator. I wrote a short article (includes links to transaction acceleration services offered by mining pools) at https://www.nandibear.com/bitcoin-btc-stuck-unconfirmed-transactions-in-2021

Please let us forum geeks know how it goes!
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