Blocked 0.26 BTC for Over a Year Need Help!

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pixel2018Newbie
Posts: 3 · Reputation: 12
#1Dec 21, 2020, 11:14 AM
So my transaction with 0.26 BTC just got rejected after being stuck for a whole year. It doesn’t show in my wallet anymore. Here's the transaction ID: 342326dcc3b724d6ada90ef65cfbac7a5c61666a8ae7fb7b5dd2683551299f9b. Anyone have tips on how I can get my bitcoins back?
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orbit1337Senior Member
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#2Dec 21, 2020, 04:09 PM
Dude, that’s not the blockchain's fault. Your transaction probably never made it there. It was just chilling in the mempool and got dropped because of your super low fee. I think it's around 1 sat/vbyte, right? Some nodes might still have it though.
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ColdGangMember
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#3Dec 21, 2020, 04:31 PM
Who sent the transaction? Not asking for names but like, was it you or a service? Also, what wallet you using? That could help figure out how to do a CPFP.
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orbit1337Senior Member
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#4Dec 21, 2020, 08:44 PM
Yeah, as long as that fee stays at 1 sat/vbyte, it’s staying stuck. No miner is gonna waste their resources confirming such a low fee transaction. I don’t even know why someone would go that low unless they set it manually.
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whale420Senior Member
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#5Dec 22, 2020, 02:06 AM
What do you mean invalid output? Just because it’s low doesn't mean it’s invalid. Maybe the wallet used mixed addresses and that caused confusion.
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ColdGangMember
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#6Dec 22, 2020, 03:06 AM
Listen, the issue here is about fee rates. Higher fees get priority, yours is too low. If you want to retry, gotta up that fee to at least 4 sat/vbyte at minimum. Otherwise, you might not see your funds.
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chrisomegaFull Member
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#7Dec 22, 2020, 05:16 AM
Come on, it’s about hashing power. Miners obviously look for profitable transactions. They’re not gonna confirm 1 sat/vbyte when the average is around 6. I checked the tx on a block explorer and saw it had an invalid tag.
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ColdGangMember
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#8Dec 22, 2020, 10:25 AM
Transaction? Miners confirm them, wallets just create them. And about your fee, it's actually 1 sat/vbyte, not just 1 sat. That won’t cut it.
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chrisomegaFull Member
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#9Dec 22, 2020, 02:20 PM
If you’re still pending, then you’re out of luck with how low that fee is. You’ll need a new transaction with a much higher fee from somewhere else. Alternatively, if you own the address in question, consider recreating the transaction.
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0xChadNewbie
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#10Dec 24, 2020, 05:17 AM
Not sure if we're arguing over semantics here... But yeah, wallets don’t include transactions, they just help you manage fees. Your transaction doesn’t show priority either way.
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pixel2018Newbie
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#11Dec 24, 2020, 07:39 AM
+1 to that typo! I think we all get a little too focused on details, but yeah, we should keep things clear for those reading.
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orbit1337Senior Member
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#12Dec 24, 2020, 08:54 AM
The node running your wallet dropped that transaction from its mempool. But hey, it might still be viewable on block explorers. Just try rebroadcasting it with the raw transaction info.
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0xChadNewbie
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#13Dec 26, 2020, 12:27 AM
Thanks all for your insights. My wallet still shows the tx pending. Balance still at 0.000000 BTC though. I use Bitcoin Core, and I haven’t a clue how to do this CPFP stuff.
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orbit1337Senior Member
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#14Dec 26, 2020, 06:05 AM
CPFP means using an unconfirmed input for a new transaction, but Bitcoin Core doesn’t let you do that from the GUI. You’d have to hit the command line.
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0xChadNewbie
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#15Dec 28, 2020, 01:21 PM
So if it’s Bitcoin Core, things get a bit tricky. You may need to create a transaction manually which could help, but the original input was already spent, right?
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chrisomegaFull Member
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#16Dec 30, 2020, 05:08 PM
Seems like your original transaction was dropped but then maybe showed up again somewhere else? It's weird timing if that happened right after you posted.
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orbit1337Senior Member
Posts: 161 · Reputation: 941
#17Dec 30, 2020, 09:27 PM
Could be that the sender found this thread and acted fast. Either way, if you’re not the sender, you really can’t do much.
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0xChadNewbie
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#18Dec 30, 2020, 10:17 PM
A malicious sender? I don't think it’s anything like that. The funds went to the same address.
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pixel2018Newbie
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#19Dec 31, 2020, 03:30 AM
Checked it out and they sent it across 17 transactions which add up to 0.26 BTC.
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orbit1337Senior Member
Posts: 161 · Reputation: 941
#20Dec 31, 2020, 01:00 PM
I pointed that out too! But we still don’t have all the info from the OP. Until he replies, we’re just guessing.
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