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unconfirmed transactions – Tx Pending. CPFP, BumpFee or do nothing?

Moussa by Moussa
January 14, 2024
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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I have a stuck/pending tx – 14 hours. Its marked as RBF. I’m a bit below the median tx fee. (currently 67 sat/vB vs ~96 sat/vB). BitcoinFees seems to indicate I should get confirmed within 24 hours. I’m not in a rush. The wallet I’ve sent it from is now empty.

I’m using an old ver of bitcoin-qt (0.17) – for various reasons. The BumpFee command specifies “totalFee” as a param (now deprecated) and the instructions indicate is it is specified in sats. Yet with that ver of the client, fees were specified in btc/kb. I’m very nervous about passing a figure like 40000 as the totalFee param value in case I’ve misunderstood something and it messes with the tx! (As part of the discussion wrt its deprecation, having multiple units was raised as an issue which may cause confusion!)

I also have a bit of btc on binance which I am looking to move to the same destination address – which is mine also.

I’m wondering what my best course of action is.

  • wait for 24 hours?
  • is it possible to create a parent/child relation from binance as part of transfer the btc? I can’t see anything obvious in the withdraw facility … but I could be missing something.
  • is BumpFees a better option? If so perhaps someone could confirm the syntax or reassure me that a totalFee value of ~40000 is safe.
  • something else?

thx in advance



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