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Honest mistake, I thought Bitcoin-Qt would ask if I wanted to add the fee which it did not. What are the chances this transaction will make it through? Is there anyway I can cancel this transaction or do I have to just wait it out and see? It was sent from Bitcoin-Qt v0.8.2-beta
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Bitcoin-Qt will insist you add a fee if (and only if) it's required to get confirmed ever - so it should confirm eventually. If you want to always include a fee for a faster confirmation, go into Settings. Unfortunately, while Bitcoin allows you to add a fee later, Bitcoin-Qt does not support this.
I was in the impression fees cannot be retroactively added. Is there any material regarding these "fee corrections" I could read? – Mikko Ohtamaa – 2014-01-20T08:35:36.567
Essentially you just double-spend the inputs to the same destination, but include a higher fee. – Luke-Jr – 2014-01-21T15:49:07.660
There's no need to cancel it. If you don't want to wait anymore, just submit a new transaction that claims the same outputs. – David Schwartz – 2013-11-21T04:00:58.633