How many days the verification could take?

0

I first time bought a smaller piece of bitcoin and wanted to do some shopping from that, but I still my wallet contains only not confirmed bitcoins.

My questions are:

  1. Why the confirmation takes so long?
  2. I saw a page that shows the total count of unconfirmed transactions, its increasing, not decreasing - could it mean that my transaction will never be confirmed?
  3. How does the confirmation work?

Thanks!

user50097

Posted 2017-05-24T07:36:35.770

Reputation: 3

Question was closed 2017-05-24T20:28:19.550

Answers

0

Because you have paid a lower fee than others, so your transaction is put last. Your coins will return to your wallet, but can take up to 4-6 days before that happens. Hope it helps you.

Mogens

Posted 2017-05-24T07:36:35.770

Reputation: 16

Your transaction is put in something called mempool, from there it goes to a block when one is created, the higher fee you pay, bigger chance your transaction will be confirmed. – Mogens – 2017-05-24T11:43:46.883

Asked: 2017-05-24T07:36:35.770

Viewed: 369 times

Active: 2017-05-24T11:41:16.983