0

Ok I know this is a much asked question but I have looked at the other answers and none of them were helpful.

I sent almost $2000 in BTC from my blockchain.info wallet to a mixer that has an input address that is only valid for 24 hours. The fee blockchain.info recommended was 0.000079 which seemed a bit low so I upped it to 0.00011 but apparently that amounts to about 57 sat/B which is way too low to get confirmed in a timely manner.

If it takes more than 24 hours to get confirmed then I assume I've lost $2000.

There doesn't seem to be any facility in blockchain.info to kill an unconfirmed transaction.

Am I totally screwed? I have an electrum wallet, is there any way I can import my blockchain.info wallet without the unconfirmed transaction? i.e. Get my original balance back. Is there anything I can do?

I know similar questions have been asked but I couldn't find any answer that applies, or maybe there isn't one. My HUGE mistake was placing any trust at all in the blockchain.info wallet recommended fee. Yeah I'm a newbie idiot but wow this has been an expensive lesson.

UPDATE

I have contacted the mixer and much to my relief they say the receiving address will be valid for a week for unconfirmed transactions. So my question becomes what happens with a blockchain.info wallet, if a send remains unconfirmed for a few days? Will the send be cancelled? Is it likely a 0.00011 fee be enough for it to ever be confirmed?

poby
  • 101
  • 1
  • 4
  • 1
    Can you submit a higher fee double-spend transaction? – NULL Apr 21 '17 at 00:39
  • I am not sure quite how a mixer works but maybe the company that owns it can still access the address if you tell them which one you used – NULL Apr 21 '17 at 00:40
  • @NULL I don't think there is any facility in blockchain.info wallet to double spend. The mixer in this case, makes it clear the receiving address is only valid for 24 hours. – poby Apr 21 '17 at 00:41
  • related: [How to unstuck a low-fee transaction with blockchain.info?](https://bitcoin.stackexchange.com/q/53852/5406) – Murch Jun 07 '17 at 16:24

2 Answers2

1

I upped it to 0.00011 but apparently that amounts to about 57 sat/B which is way too low to get confirmed in a timely manner.

According to the 21.co fee estimator:

https://bitcoinfees.21.co/

A 57 satoshi per byte transaction should be confirmed within 35 to 600 minutes (10 hours). It should go through.

timothyylim
  • 353
  • 1
  • 15
0

So my question becomes what happens with a blockchain.info wallet, if a send remains unconfirmed for a few days?

nothing.

Will the send be cancelled?

no

Is it likely a 0.00011 fee be enough for it to ever be confirmed?

nobody knows about future

amaclin
  • 6,718
  • 1
  • 20
  • 32