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I know my question will likely be marked as a duplicate, but I do not see how to apply that answer in the case of a Ledger Nano S wallet. Doesn't using the Bitcoin wallet software require downloading 200 GB? I cannot do this. I also ask a few more questions related to this situation.
5 centiBitcoin was sent to Coinbase December 12th and is still marked on their site as 'Pending'. However, their link to live.blockcypher.com says, "No transaction found with the hash [string of numbers and letters]".
It was sent from a Segwit-enabled Ledger Nano S that had received those funds from Coinbase. Their Chrome Bitcoin wallet app lists the transaction as 'unconfirmed', and its link to blockchain.info does show information about the transaction, including a 'received time'.
The fee is 14.781 sat/B, i.e. 57.5 microBitcoin. How many days must I wait for this transaction to be processed? Or, how long must I wait for the transaction to be rejected from the record so that I may respend? Or are the funds locked away forever?
The commonly referenced answer says,
expect it to be ignored for an unknown amount of time until a miner decides to process it and solves the block; this could be several days to several weeks, possibly never. Your wallet and any Bitcoin node will show it as unconfirmed, your transaction is stuck in limbo.
So then this 5 cBTC is now literally "buried in a mine" and may never be dug back out?
I contacted Coinbase but they merely said, "I’ll pass your message [of concern and support for BIP 148 / SegWit] along for consideration for the team." Are they implying my funds are frozen until they enable SegWit? Why wouldn't they have already enabled it?
1Please provide the transaction id, would be easier to help. – Chak – 2017-12-20T23:19:01.913
@PieterWuille, the first paragraph explains how this question is not a duplicate of that one, although there is overlap. – Internet User – 2017-12-21T00:40:12.800
@Chak, what is the transaction ID used for, and why is it helpful to know it? (I am concerned about attempts to double-spend the coins before I can access them, so I am trying to provide sufficient information while keeping it anonymous.) – Internet User – 2017-12-21T00:41:44.670
Is impossible to double-spend without the private key. A transaction ID is like a publicly available id number for a bitcoin transaction. Example: This transaction where the random characters after /tx/ is the transaction id.
– Chak – 2017-12-21T00:56:13.590