CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers. Stay safe 🙏🏻🙏🏻🙏🏻
hello!i would like to ask if you sent bitcoin to a minner and he ask whats called commission fees to withdraw next they ask exchange fees cause the fiat currency is not dollar ,next time transfer fees isn't that a scam !please i need information,thank you
Nate, I have been watching your video for a few months now. You are very good at explaining things in great detail, thanks so much for making it easier for me!
@@99Bitcoins I am from Indonesian. using Google translation ... can you help me. I am mining up to 5 websites and paying a fee but I have not received payments from that website, I beg for your help ... please
Great video, a complicated subject explained in the simplest way possible, but it's still very complicated. I don't understand how Bitcoin enthusiasts expect Bitcoin to be adopted when it's this complicated.
Thank you for your video, however Im very confused still. How are the fees paid, EG: Im transfering a large sum of BTC to my trust wallet, now do they take their fees from the tranfered amount or is it paid separately? also do they take the fees in the type of BTC you are tranfering?
What am I missing? Why would crypto become widely used and why would we want to move away from fiat currency and using banks if sending/receiving Bitcoin cost more for transactions then my debit card?
Thumb up and I have been subscribed for a long time. This video was superb, explaining why my two transactions are pending for well over 72 hours now. It boggles my mind that Trezor allows its users to set low transaction fees. Nothing good can come from this. I know so much more about what is going on with my pending transactions after watching this video. I had to laugh when I read the screen at 11:53 where the intended word, "spending" is spelled "spedning". Cheers!
If I'm selling a product and the buyer is paying me in BTC, do I need to wait until the BTC transaction is confirmed before I hand over the product? This seems like a huge inconvenience.
just a question, starting on 10:48 the info given is that it is possible to double spend in this system. No doubt the block chain will catch this but this makes me worried. Why is there even a double spend method presented here? Is there a punishment for anyone that tries this method over and over again? Like address band or blocked from the blockchain?
Question: Is the price of the transaction influenced when the transaction is unconfirmed? Say, the transaction is unconfirmed for 4 hours and I buy ETH with BTC. During those 4 hours, ETH price drops 10% relative to BTC. Does that influence the price of the transaction?
make your profits in Bitcoin?? I have a strategy that even when you get this transaction fee high, you wouldn't bother because you can easily make the Bitcoin back in
I have always this question. lets say one day 1 BTC reaches 1 million US dollars. Then how much will the transaction fee? will it be sustainable mean of transaction if the transaction fee is ridiculously high?
ridiculously high, but it is more due to the number of people who use the network at the same time, than the value of btc. but in a way the value of btc is related to the number of people who use it... hence bitcoin cash (bch) fork with tiny fees for any transaction...
hi, I'm being asked for $1700 for 'segwit network activation' to confirm and complete my transaction .. is this legitimate ? and if so, I assume they mean 1700 taken out of the transaction amount ? I don't think you're supposed to be paying anything upfront ?
Nate, i hope you can answer my question. I have invest in bitcoin miners. But is it really true that I have to pay miners before my profit can be payout? Talking about 15% of profits amount. And i prefered bank transer as a withdrawal. Hope you can help.
I invested in Bitcoins 25$ and I earned profit of 2214$ worth of bitcoin ,but the problem is that 270$ transaction fees I need to pay before receiving profit into my wallet , is it okay to transfer that much amount for receiving profit ?
The explanation is completely clear to me, I had a transaction that was unsuccessful and returned back to my blockchain after 72hours but yet I get error txn-mempool-conflict anytime I try to send out bitcoin, how can I resolve this issue?
Nate, is it right that miners get btc both from fees (paid by senders to make the transaction faster) and for putting the blocks into the blockсhain? Thank you for your work.
Yes, that is correct. For each block they find, Miners earn transaction fees from all transactions they include in the block, plus the block reward which is currently 12.5 BTC.
Eventually the fees will cost too much to make sense how can bitcoin keep going up with that in mind. What is the use case for bitcoin? Is there a way to avoid the fees
Thanks for sharing your comments .Feel free to message Anamaria Mendez to help you make more profits in BTC.+ 1 9 1 7 7 6 5 8 3 1 2... Text her on WatsApp 👈.
What is Hash charge ask by the blockchain in order to process my funds transfer? And what is Airflow charge that I need to pay again after paying antiminers S9 and Hash charge? Please let me know. Thanks
I bought my first bitcoin (0.001Btc). The transaction fees to transfer that into my own wallet costs about 0.0005Btc. I didn't know I'd be throwing away half my Bitcoin just to have Bitcoin.
i m writing this now! THIS BITCOIN PLAYLIST WILL HAVE A MILLION VIEWS IN THE FUTURE.U explain soooo well and thats why your efforts will pay off in the future.Dont worry,
@@99Bitcoins Trading Bitcoin to pay hight fees! 🤢🤮 Hey Dude, 1 BTC = 1 Whale's fart, 🐋💨☢📵🚷 I prefer 100 DASH with Chainlocks & LLMQ when I am looking for growth; the Bitcoin Lightining Network is a shame.
Unfortunately there isn't since such a calculator will need access to your past transactions (i.e. inputs) and that's why it has to be built into your wallet.
Not sure if you mean the mining fee or the transaction amount. In both cases, this information is broadcast when the transaction is created, so it enters the mempool with that info and only gets mined later (if miners decide to include it).
My question is if i am trying to buy something for $45 with bitcoin, will my wallet automatically put a fee on top of that $45 so the vendor gets there whole payment? Or do I have to pay $47 or something to cover the fee so ther vendor gets what is owed to them?
Most wallets will present a dialogue as part of the sending process where you set the fee to include with your transaction. There are wallets which automatically set a fee or that have an option to auto-set a fee. The recommended fees in updated wallets are usually pretty good.
Hello.. help me out I sent btc two days ago via localbitcoin.com..I checked the transaction on Tradeblock.com it says it has been confirmed.. But apparently the receiver is saying he haven't received anything yet....is it common? What is the cause and how will I rectify it?
Good day so I traded my luno bitcoin with this other company and they keep on asking me for fees like Cost of payment and transfer pin in order for me to get my profits. Is this legit or scam?
I waited 7 days and nothing. So I did some research and discovered that your transaction can get stuck in the MEMPOOL if you opted for a low fee. The mining nodes perform the confirmations to write your transaction in the blockchain. But they automatically select the transactions that pay the highest fees. So a low fee transaction keeps getting pushed to the bottom of the list of transactions waiting for confirmation. If higher than normal mining network demand is occurring, then your transaction could get delayed indefinitely. If this has happened to you, there is a simple way to speed up your transaction confirmation. Thanks to what is known as the CPFP process (Child Pays For Parent) you can get the nodes to pick up your low fee transaction and add it to a high fee transaction. All you need to do is send another transaction from the same account to the same recipient, but this time with the highest fee possible. By default, a new transaction cannot be processed until the previous transaction is verified. So when your high fee transaction appears, a node will quickly see the new high fee transaction, and then process the low fee transaction first, so that it can then cash in on your high fee transaction. This process works because “Ancestor feerate mining” is the algorithm that selects transactions based on their fee rate with ancestors (older, low fee transactions) After waiting for seven days I tried this technique, and within half an hour my transaction was finally confirmed. I hope this helps many others to get their funds verified... finally. Good luck to all.
Is one of the methods for stuck txns the same as Ethereum's blockchain, where you can send a second txn from the same account with the same nonce # and a very high fee (and 0 ETH in it) so it gets confirmed and thus knocks your original stuck txn out of pending?
I have a silly question :) , What is the difference between a bank and blockchain if both places we are paying fee for our transactions. Well some banks don't even charge fee if we are just exchanging currency via phone.
hello ,,,i want to ask i invest for.500rmb yuan ,,,and the manager transaction he ask for wap pin purchase and after i pay ,,, the broker ask me for activation fee 1000rmb so i.can receive my profit what should i do
My account stuck and suddenly I can not access to login after 5days of trading because I did give $150 fee for IRS thing according to my account manager
Someone has sent me 4500$ of newely generated Bitcoin. But he is asking me 500$ of Bitcoin to send him for the confirmation fee. Does receiver have to pay confirmation fee for getting newely generated coins. As the current status of that transactions is invalid.
when you really think about it, bitcoin won't be a viable option to use as alternative to currencies in the future, you wanna buy a coffee ? then you'll have to pay an extra fee on top of the price of your coffee, just so you can pay for it, that won't do.
We also pay for extra fees on top of the price of our coffee (or whatever it is you buy with your money). It's called taxes. Using a credit/debit card? Those have surcharges.
I am only new to all this and have thought about this as well. Perhaps Bitcoin will become the overall store of value for crypto's similar to how gold remains the store of value for money. For regular purchases you exchange some of your bitcoin to something else, again similar to exchanging gold to a currency for everyday use.
How would the fees work if receiving profits from trader as bank transfer? I was asked to send additional $600 for HTF high traffic fees’. I wrote it off as a scam, please give me your thoughts
emm please am still a new beginer in cameroon and havve no body toto help me i want ot transwer btc from a mining website to my wallet but have been ask to pay mining fees yet i dont any btc in my wallet. how can do that without the fees
Hello Michael, The sender of the Bitcoin pays the network fees, not the recipient. The network fees are very small. Today, you might spent $0.44 to send $50 worth of coins.
My transaction showing 1/6 . But after it's not confirmed any . If I wait means is it going to confirm or I have to try any other options like acceleration method ??
Can you tell me some fees that will always work I mean that is neither too low nor too high. I always use 25 sat / byte and it takes roughly 1-2 hour. It has always worked for me.
Hi, I have a burning question, are there a limited number of times that one can buy bitcoins and send them to a different wallet, say like from Blockchain to LocalBitcoin? is it allowed to buy from Blockchain and send them to an external wallet maybe once each and every day? thank you
You can transfer your bitcoin as many times as you want. Their is no limit. You could buy bitcoin from an exchange and transfer it to your wallet daily if you'd like.
Yes, that can certainly happen. It's a bigger problem than when you pay for something with a credit card or bank transfer or payment service, as Bitcoin is not reversible except by whoever received your BTC. The usual way to handle this difficulty is to use an escrow service. You pay a trusted third party who releases your BTC to the seller once you confirm receipt of the item. Things like order tracking by postal / courier services are used as proof of (non)delivery. If ordering from a company that doesn't use escrow, then it's best to investigate the company before hand to ensure that they're legit.
So there is a free bitcoin miner called "CRYPTOTAB BROWSER" which has minimum withdraw amount 1000 satoshi.... so if I withdraw that 1000 satoshi it will take forever to be transact to my wallet .... because it has low size which itself will get deducted and you will get nothing.... ? So i will have to mine a lot of satoshi to get withdraw right?
Send another transaction but with the highest fee possible. The first transaction will have to be processed before the 2nd one can be done. But this will not work if a node has already done one confirmation. (A minimum of three confirmations are required to confirm a transaction) You will then have to just wait until network load is reduced enough to get to your low fee transaction. Medium fees are a safer route. Use a High fee if you are in a hurry.
@@marvinturchinetz1955 The coins were sent from someone else to me, not the other way around. They won't send another transaction because the coins have already left their wallet, and it a significant amount.🙄
The new transaction can be for just the minimum amount necessary to just create the new transaction.... possibly just a few satoshies. It's the act of creating the SECOND transaction at the HIGH fee that is the deal maker for the first transaction. As long as no confirmations have happened yet.... this process will work. The sooner you try the new transaction the higher the chance of it working.
Thank you for the video. I’ll deviate a little from the topic, maybe someone knows how to transfer USDT to Binance using 12 words: head isolate sound end kit industry choice festival limit stable dolphin derive. Password, etc., nothing else.
I can’t remember my Bitcoin Mining Address or my Bitcoin Account and because I can’t recall my necessary requirements in order to complete my transaction to retrieve my bitcoin bonuses. Can you help me with this issue? Thank you, Raymond Guy
when i want to purchase a product using block chain BTC after pay its shows till need to pay 0.00003167 BTC.. its solution is that ".Some Bitcoin wallets charge the Network Fee/Miner Fee from the BTC amount you sent to people, not from your BTC balance in your wallet. You need to change the settings in your wallet to pay the Network Fee from your wallet balance, Otherwise we will always be underpaid with small amount of BTC to the "Order Amount". (E.g. You're supposed to pay a store 1 BTC, the Network Fee is 0.001, if the Network Fee is charged from the BTC amount you sent, then the store will only get 0.999 BTC not 1 BTC)" But i don't know how to setting up these in my Blockchain
Thanks for sharing your comments .Feel free to message Anamaria Mendez to help you make more profits in BTC.+ 1 9 1 7 7 6 5 8 3 1 2..text her on WatsApp 👈...
So miners get transaction fees for each transaction added to the block, AND they get awarded new BTC (now 6.25) when they successfully add a block to the blockchain?
![[DRAGON BALL LEGENDS REVEALS ＆ STUFF] LEGENDS FESTIVAL 2024 Special Edition Part 1](http://i.ytimg.com/vi/mV5bGIswTtQ/mqdefault.jpg)
CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
Stay safe 🙏🏻🙏🏻🙏🏻
I'm a big fan of the show, and I stand behind you, and support everything you stand for as a mentor!
hello!i would like to ask if you sent bitcoin to a minner and he ask whats called commission fees to withdraw next they ask exchange fees cause the fiat currency is not dollar ,next time transfer fees isn't that a scam !please i need information,thank you
I know I'm kinda randomly asking but does anybody know a good place to watch newly released movies online?
@Moises Dante Try flixzone. Just search on google for it :)
@@moisesdante7349 legally or illegally
Nate, I have been watching your video for a few months now. You are very good at explaining things in great detail, thanks so much for making it easier for me!
Thanks so much for the feedback Stacey!
@@99Bitcoins I am from Indonesian. using Google translation ... can you help me. I am mining up to 5 websites and paying a fee but I have not received payments from that website, I beg for your help ... please
Great video, a complicated subject explained in the simplest way possible, but it's still very complicated. I don't understand how Bitcoin enthusiasts expect Bitcoin to be adopted when it's this complicated.
Thank you for your video, however Im very confused still. How are the fees paid, EG: Im transfering a large sum of BTC to my trust wallet, now do they take their fees from the tranfered amount or is it paid separately? also do they take the fees in the type of BTC you are tranfering?
What am I missing? Why would crypto become widely used and why would we want to move away from fiat currency and using banks if sending/receiving Bitcoin cost more for transactions then my debit card?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
I have an unconfirmed transaction it has take up to 1 day and 10 hours, cpfp how to use it?
Thumb up and I have been subscribed for a long time. This video was superb, explaining why my two transactions are pending for well over 72 hours now. It boggles my mind that Trezor allows its users to set low transaction fees. Nothing good can come from this. I know so much more about what is going on with my pending transactions after watching this video.
I had to laugh when I read the screen at 11:53 where the intended word, "spending" is spelled "spedning". Cheers!
I think u made a mistake in 6:18 ... change is 1.9995 and the receiver gets 8 BTC... correct if im wrong!
Very informative! I’m exploring similar setups and posting updates on my channel. Thanks for the inspiration!
Such clear explanations, thanks, really appreciate your efforts
Thanks for the explanation, more grace
An almost flawless awesome explanation, thank you.
Are you referring to "Double spedning" @ 10:54?
@@llibeel lol
Great explanation...but can I ask one question please...do you pay maintenance and withdrawal fee before receiving your profit in bitcoin investment??
Fumani Fumie Yes...Via+1(786)5054613 for legit reason
If I'm selling a product and the buyer is paying me in BTC, do I need to wait until the BTC transaction is confirmed before I hand over the product? This seems like a huge inconvenience.
Brett Carter they do this because of crypto scams. It’s a security step.
Otherwise a good hacker would clean shop
@@EndlessRoutes Makes sense. I guess for higher value transactions, it is safer to pay a larger fee so the transaction can be confirmed quickly.
just a question, starting on 10:48 the info given is that it is possible to double spend in this system. No doubt the block chain will catch this but this makes me worried. Why is there even a double spend method presented here? Is there a punishment for anyone that tries this method over and over again? Like address band or blocked from the blockchain?
Should be able to set a expiry time on the signed transaction, so even if it rebroadcasted by a node after 72 hours, it'll be rejected.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Question: Is the price of the transaction influenced when the transaction is unconfirmed? Say, the transaction is unconfirmed for 4 hours and I buy ETH with BTC. During those 4 hours, ETH price drops 10% relative to BTC. Does that influence the price of the transaction?
Btc Transaction was already confirmed in blockchain however it is not reflecting on the receiving account. What should I gonna do?
Thanks for the explanation! Very well done
My coin is hanging on block chain pending for 5days now what can I do 2 increase my fee again to make it go thru
Great explanations, should have been coming hear along time ago for explanations, thanks!
Nova mineradora pagando!! 0.007 cents o SHA256!!! +3% ao dia!!! uniex.biz?ref=Ayamasato
make your profits in Bitcoin?? I have a strategy that even when you get this transaction fee high, you wouldn't bother because you can easily make the Bitcoin back in
I have always this question. lets say one day 1 BTC reaches 1 million US dollars. Then how much will the transaction fee? will it be sustainable mean of transaction if the transaction fee is ridiculously high?
ridiculously high, but it is more due to the number of people who use the network at the same time, than the value of btc. but in a way the value of btc is related to the number of people who use it... hence bitcoin cash (bch) fork with tiny fees for any transaction...
hi, I'm being asked for $1700 for 'segwit network activation' to confirm and complete my transaction .. is this legitimate ? and if so, I assume they mean 1700 taken out of the transaction amount ? I don't think you're supposed to be paying anything upfront ?
Nate, i hope you can answer my question. I have invest in bitcoin miners. But is it really true that I have to pay miners before my profit can be payout? Talking about 15% of profits amount. And i prefered bank transer as a withdrawal. Hope you can help.
Hi @glennyb.5719,
This sounds suspicious. Would you be able to share the name of the mining company? [Edit: a word]
@@99Bitcoins can I send the name privately?
Yes, sure. Please message us via web.facebook.com/99bitcoins
if you are on Meta/Facebook.
I invested in Bitcoins 25$ and I earned profit of 2214$ worth of bitcoin ,but the problem is that 270$ transaction fees I need to pay before receiving profit into my wallet , is it okay to transfer that much amount for receiving profit ?
The explanation is completely clear to me, I had a transaction that was unsuccessful and returned back to my blockchain after 72hours but yet I get error txn-mempool-conflict anytime I try to send out bitcoin, how can I resolve this issue?
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮
Raytools on 1-g unlocked mine
Nate, is it right that miners get btc both from fees (paid by senders to make the transaction faster) and for putting the blocks into the blockсhain? Thank you for your work.
Yes, that is correct. For each block they find, Miners earn transaction fees from all transactions they include in the block, plus the block reward which is currently 12.5 BTC.
Eventually the fees will cost too much to make sense how can bitcoin keep going up with that in mind. What is the use case for bitcoin? Is there a way to avoid the fees
Thanks for sharing your comments .Feel free to message Anamaria Mendez to help you make more profits in BTC.+ 1 9 1 7 7 6 5 8 3 1 2... Text her on WatsApp 👈.
Can anyone explain the total fees for buying bitcoin abd sending to your broker account. Thx you so much. Luv/blessings
6:11 Correction, 8 BTC to recieving address and 1.9995 BTC as change
bro if btc is used regularly then the bytes will keep increasing and so the price of the transaction fees wont it ?
What is Hash charge ask by the blockchain in order to process my funds transfer?
And what is Airflow charge that I need to pay again after paying antiminers S9 and Hash charge? Please let me know. Thanks
I bought my first bitcoin (0.001Btc). The transaction fees to transfer that into my own wallet costs about 0.0005Btc. I didn't know I'd be throwing away half my Bitcoin just to have Bitcoin.
I’m facing the same problem and I’m not too happy about it. I’m not sure what to do.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Please tell me, what is airflow charge in order that my balance will be transfer to my personal wallet. Thank you in advancefor your answer.
liked and subscribed , well explained ,thx
i m writing this now! THIS BITCOIN PLAYLIST WILL HAVE A MILLION VIEWS IN THE FUTURE.U explain soooo well and thats why your efforts will pay off in the future.Dont worry,
Thanks for the feedback!
@@99Bitcoins Trading Bitcoin to pay hight fees! 🤢🤮 Hey Dude, 1 BTC = 1 Whale's fart,
🐋💨☢📵🚷
I prefer 100 DASH with Chainlocks & LLMQ when I am looking for growth; the Bitcoin Lightining Network is a shame.
Great video!! Do you have podcasts versions of your videos?
Thank you very much!!
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Thank you for the video, is there not a calculator that can allow us to know the bitcoin transaction fees automatically?
Unfortunately there isn't since such a calculator will need access to your past transactions (i.e. inputs) and that's why it has to be built into your wallet.
easy to understand. this is a great video. thanks!
How to avoid crypto fees. DON'T DEAL IN ETHEREUM.
That's what i've been saying duuude
So if you always pay the higher speed which is more expensive will your transaction always be picked up?
Yes... paying the highest fee guarantees that your transaction will be confirmed.... and in the shortest time period possible.
Awesome content. Very clear and professional
Thanks Daniel :)
Fantastic video, explained this to a woman perfectly
My transaction has been stuck almost 7 days...
At what stage in a Bitcoin transaction is the price fixed? Before/after Mempool?
Not sure if you mean the mining fee or the transaction amount. In both cases, this information is broadcast when the transaction is created, so it enters the mempool with that info and only gets mined later (if miners decide to include it).
Explanation was crystal clear!
My question is if i am trying to buy something for $45 with bitcoin, will my wallet automatically put a fee on top of that $45 so the vendor gets there whole payment? Or do I have to pay $47 or something to cover the fee so ther vendor gets what is owed to them?
Most wallets will present a dialogue as part of the sending process where you set the fee to include with your transaction. There are wallets which automatically set a fee or that have an option to auto-set a fee. The recommended fees in updated wallets are usually pretty good.
What happens if at the moment I post a transaction the value is let's say 50k but when the transaction gets approved the market is less.??
The transaction will go through at the price you set.
Hello.. help me out I sent btc two days ago via localbitcoin.com..I checked the transaction on Tradeblock.com it says it has been confirmed.. But apparently the receiver is saying he haven't received anything yet....is it common? What is the cause and how will I rectify it?
Message him for assistance
؟
Was your problem solve
Good day so I traded my luno bitcoin with this other company and they keep on asking me for fees like Cost of payment and transfer pin in order for me to get my profits. Is this legit or scam?
Me too, like today they are asking for more money
Same. Every time I pay they send me something saying it’s a fee for something else
It's a scam,, I lost over 12000usd to them, but i was able to recover my money with the help of *SPANTOOLS1* on ¶¦Nstagram
@@vishalregmi823 how
@@ashleymcgruder4282 did you get your profit
I paid OVER $10 for a $20 to $30 transaction. PLEASE MINER PLEASE pick Up my Transaction! Thanks NATE! I NEED Lightning Network!!!
Please, if I make a transaction and it remains unconfirmed for more than 24 hours, is there anything that can be done to resolve this issue?
Any solution?
I waited 7 days and nothing. So I did some research and discovered that your transaction can get stuck in the MEMPOOL if you opted for a low fee. The mining nodes perform the confirmations to write your transaction in the blockchain. But they automatically select the transactions that pay the highest fees. So a low fee transaction keeps getting pushed to the bottom of the list of transactions waiting for confirmation. If higher than normal mining network demand is occurring, then your transaction could get delayed indefinitely.
If this has happened to you, there is a simple way to speed up your transaction confirmation. Thanks to what is known as the CPFP process (Child Pays For Parent) you can get the nodes to pick up your low fee transaction and add it to a high fee transaction.
All you need to do is send another transaction from the same account to the same recipient, but this time with the highest fee possible. By default, a new transaction cannot be processed until the previous transaction is verified. So when your high fee transaction appears, a node will quickly see the new high fee transaction, and then process the low fee transaction first, so that it can then cash in on your high fee transaction.
This process works because “Ancestor feerate mining” is the algorithm that selects transactions based on their fee rate with ancestors (older, low fee transactions) After waiting for seven days I tried this technique, and within half an hour my transaction was finally confirmed.
I hope this helps many others to get their funds verified... finally. Good luck to all.
Good information but for beginners I would have liked a example of how to actually do the process of sending the transaction fees to a wallet
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Hello,no I don't think so, not sure how you got my information, that was a message to someone else
I remember now, I was looking at a video 🙂
How about you and where are you from?
Nice video, you explained this topic very well!
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮
Is one of the methods for stuck txns the same as Ethereum's blockchain, where you can send a second txn from the same account with the same nonce # and a very high fee (and 0 ETH in it) so it gets confirmed and thus knocks your original stuck txn out of pending?
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮
I have a silly question :) , What is the difference between a bank and blockchain if both places we are paying fee for our transactions. Well some banks don't even charge fee if we are just exchanging currency via phone.
There is a huge difference. Look up what is Bitcoin exactly
Hello sir ,i confirm transaction but not come to blockchain wallet.the amount is very small .how can send it again . please help me about that
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮
There's a typo on the slide at 10:53. Thanks for the video!
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
@@jessicawiley5797 I don't think so, sorry!
How about you and where are you from?
Explain how transaction change change is returned to wallet
Nate please can you help with some of the best btc wallet ?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
@@jessicawiley5797 I'm not sure
How would I become a Miner to get transactions processed to confirmed. How do I offer My computers processing power?
hello ,,,i want to ask i invest for.500rmb yuan ,,,and the manager transaction he ask for wap pin purchase and after i pay ,,, the broker ask me for activation fee 1000rmb so i.can receive my profit what should i do
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Spence101g work legit
My account stuck and suddenly I can not access to login after 5days of trading because I did give $150 fee for IRS thing according to my account manager
Suggestion: A segment on Bitcoin and other cryptocurrencies, purchased through the Robinhood platform.
Thank you very much.
Also, might discuss how fees play a role in commission-free trades of cryptocurrency on Robinhood.
Someone has sent me 4500$ of newely generated Bitcoin. But he is asking me 500$ of Bitcoin to send him for the confirmation fee. Does receiver have to pay confirmation fee for getting newely generated coins. As the current status of that transactions is invalid.
when you really think about it, bitcoin won't be a viable option to use as alternative to currencies in the future, you wanna buy a coffee ? then you'll have to pay an extra fee on top of the price of your coffee, just so you can pay for it, that won't do.
We also pay for extra fees on top of the price of our coffee (or whatever it is you buy with your money). It's called taxes. Using a credit/debit card? Those have surcharges.
This is too complex, Tonyhacks01 on ¶πsta? Helped me out
hence why bitcoin cash (bch) was created in 2017... 1sat per byte for any transaction !
I am only new to all this and have thought about this as well. Perhaps Bitcoin will become the overall store of value for crypto's similar to how gold remains the store of value for money. For regular purchases you exchange some of your bitcoin to something else, again similar to exchanging gold to a currency for everyday use.
@@y.__.y-- For the moment, 160,000 satoshis for a transaction is about $10. Quite expensive. The new banks.
I payed regular fees in which the wallet suggested and my BTC is still stuck in the mempool!!! how is that even possible ?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
How would the fees work if receiving profits from trader as bank transfer? I was asked to send additional $600 for HTF high traffic fees’. I wrote it off as a scam, please give me your thoughts
I'm a little realive about the 72hrs but I still scared it has passed 14 and it's not confirmed please help I don't know what to do
What ever happened
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Hello my btc transaction is uncofirmed from the last two days, can you please suggest any accelerator
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
emm please am still a new beginer in cameroon and havve no body toto help me i want ot transwer btc from a mining website to my wallet but have been ask to pay mining fees yet i dont any btc in my wallet. how can do that without the fees
My transactions have been stuck two month, due to low fee. I. Checked from block chain my transactions result is invalid already, what should I do?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
How should I know if someone send me bitcoin before I pay the network fees?
Hello Michael,
The sender of the Bitcoin pays the network fees, not the recipient. The network fees are very small. Today, you might spent $0.44 to send $50 worth of coins.
If we invest in traders , they are asking company fees before we get our profit ,is this legit ? And send it again in there wallet address?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
This is spectacular. Thank you!
I need puppets
My transaction showing 1/6 . But after it's not confirmed any . If I wait means is it going to confirm or I have to try any other options like acceleration method ??
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Very good explanation. Thanks for the video.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
What do you do if yor wallet will not send?
Can you tell me some fees that will always work I mean that is neither too low nor too high. I always use 25 sat / byte and it takes roughly 1-2 hour. It has always worked for me.
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮
Hi, I have a burning question, are there a limited number of times that one can buy bitcoins and send them to a different wallet, say like from Blockchain to LocalBitcoin? is it allowed to buy from Blockchain and send them to an external wallet maybe once each and every day? thank you
You can transfer your bitcoin as many times as you want. Their is no limit. You could buy bitcoin from an exchange and transfer it to your wallet daily if you'd like.
@@umustdv81 are there delays in confirmations? I am in Kenya, how do I buy bitcoins on the blockchain?
Can you pay in Bitcoin and not receive what you ordered on purpose and can you do something about it?
Yes, that can certainly happen. It's a bigger problem than when you pay for something with a credit card or bank transfer or payment service, as Bitcoin is not reversible except by whoever received your BTC.
The usual way to handle this difficulty is to use an escrow service. You pay a trusted third party who releases your BTC to the seller once you confirm receipt of the item. Things like order tracking by postal / courier services are used as proof of (non)delivery. If ordering from a company that doesn't use escrow, then it's best to investigate the company before hand to ensure that they're legit.
So there is a free bitcoin miner called "CRYPTOTAB BROWSER" which has minimum withdraw amount 1000 satoshi.... so if I withdraw that 1000 satoshi it will take forever to be transact to my wallet .... because it has low size which itself will get deducted and you will get nothing.... ? So i will have to mine a lot of satoshi to get withdraw right?
Thank you for sharing this tutorial
You’re welcome 😊. Likewise, thank you for watching!
I paid fees for 6-24hrs turn around time
It’s been over 24hrs and blockchain shows as unconfirmed we shall see in 72hrs
did it confirmed after 72h? i have the unconfirmed problem for about 16h now
Yuri Guiguer it’s taken 5 days for me
1-3 business days to be confirmed from crypto tab
1-2 days on blockchain
My transaction has been delayed 7 days now? How can I expedite it?
Send another transaction but with the highest fee possible. The first transaction will have to be processed before the 2nd one can be done. But this will not work if a node has already done one confirmation. (A minimum of three confirmations are required to confirm a transaction) You will then have to just wait until network load is reduced enough to get to your low fee transaction. Medium fees are a safer route. Use a High fee if you are in a hurry.
@@marvinturchinetz1955 The coins were sent from someone else to me, not the other way around. They won't send another transaction because the coins have already left their wallet, and it a significant amount.🙄
The new transaction can be for just the minimum amount necessary to just create the new transaction.... possibly just a few satoshies. It's the act of creating the SECOND transaction at the HIGH fee that is the deal maker for the first transaction. As long as no confirmations have happened yet.... this process will work. The sooner you try the new transaction the higher the chance of it working.
At 11:03 says “double spedning” instead of “double spending”
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
well explained. thanks for the vid.
I swear this guy is the Brightside guy
Thank you for the video. I’ll deviate a little from the topic, maybe someone knows how to transfer USDT to Binance using 12 words: head isolate sound end kit industry choice festival limit stable dolphin derive. Password, etc., nothing else.
Is it true that if I did not pay the airflow charge, my btc will be block and impossible to recover? Thanks
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Great vid thank you !
Digibyte is the cheapest option when it comes to fees and it is one the fastest as well.
1:) nobody cares
2) nobody asked
3) no it’s not
Thanks for the clear explanation!
I can’t remember my Bitcoin Mining Address or my Bitcoin Account and because I can’t recall my necessary requirements in order to complete my transaction to retrieve my bitcoin bonuses. Can you help me with this issue? Thank you, Raymond Guy
Double spending wrong spelling
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
PLEASE HELP!!!!! I'm trading with a company, now they ask me to pay a COT so I can receive my earnings. How do I know if it is a scam?
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Really really thanks :)
This is reallllllllly helpful.
I think the fees are going to kill BTC. That's why Nano caught my attention as a BTC replacement.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?!!!
Hi .... My unconfirmed transaction turn to confirmed, but my receiver wallet still not reflected. It's been 12 hours. Kindly reply me
AKSU INDIA You can Via+1(786)5054613 for legit reason
when i want to purchase a product using block chain BTC after pay its shows till need to pay 0.00003167 BTC.. its solution is that
".Some Bitcoin wallets charge the Network Fee/Miner Fee from the BTC amount you sent to people, not from your BTC balance in your wallet. You need to change the settings in your wallet to pay the Network Fee from your wallet balance, Otherwise we will always be underpaid with small amount of BTC to the "Order Amount". (E.g. You're supposed to pay a store 1 BTC, the Network Fee is 0.001, if the Network Fee is charged from the BTC amount you sent, then the store will only get 0.999 BTC not 1 BTC)"
But i don't know how to setting up these in my Blockchain
Thanks for sharing your comments .Feel free to message Anamaria Mendez to help you make more profits in BTC.+ 1 9 1 7 7 6 5 8 3 1 2..text her on WatsApp 👈...
So miners get transaction fees for each transaction added to the block, AND they get awarded new BTC (now 6.25) when they successfully add a block to the blockchain?
Yes
𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝘄𝗶𝘁𝗵 𝗱𝗮𝘃𝗲_𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮