How long must I wait for a 15 sat/B transaction to be confirmed or dropped by the network? What else can be done?
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?
http://ift.tt/2kwHsII
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