Bitcoin Fees: What are RBF and CPFP? What to do if my bitcoin transaction gets stuck?!?

Sdílet
Vložit
  • čas přidán 29. 08. 2024

Komentáře • 46

  • @aantonop
    @aantonop  Před 3 lety +11

    Thanks for watching, liking, and sharing this video. Let me know what topics you'd like me to discuss next in the comments below. And remember, I'll never tell you what to invest in or suggest you contact someone on telegram, whatsapp, or anywhere else for investment advice. This channel is focused on teaching not telling. Happy learning!

    • @rezaxxx
      @rezaxxx Před 3 lety

      Great videos, thanks for these. I feel Bitcoin even if everyone say its "old" and "slow" and this and that is so very complex and wonderful and works flawlessly.
      The one thing that is of concern is the fees. I know there are layer2 but that makes things even more complex.
      I think Bitcoin is great for store of value but i was thinking of something like Dash for speedy transaction. Any thoughts on that? have you looked into Dash? they have some cool tech with chainlock and instant send....

    • @guggnermalhii
      @guggnermalhii Před 3 lety

      Dear Andreas, it would be great if you could share an explanatory video about Non-fungible Tokens, especially in the domain of art. I still don't understand why anybody would pay huge sums for -- let's say -- a digital image. What is that added value? Thanks a lot!

    • @sunitajohn512
      @sunitajohn512 Před 10 měsíci

      I invested on a platform and they paid me out with USDT token in my Coinbase account. I tried to change to BTC and i tried to buy other tokens but it seems my token has no value. They mentioned Crypto RBF. i am ready to pay out a % when cashed pls help me

  • @macro312
    @macro312 Před 3 lety +2

    You are very helpful, thank you for doing what you do.

  • @MindYourCrypto_MYC
    @MindYourCrypto_MYC Před 3 lety +1

    Excellent video! Thank you!

  • @angusclark145
    @angusclark145 Před 3 lety +1

    Thanks.

  • @nidgemorphie4316
    @nidgemorphie4316 Před 3 lety +2

    He should start a coin called the Social Justice Coin that would suit him fine.

  • @andreaswiescher7196
    @andreaswiescher7196 Před 3 lety +1

    thx

  • @io3213
    @io3213 Před 3 lety

    I suppose miners check whether all of the parents fit in a single block before deciding to mine that chain? Because even if the average fee beats everything else in the mempool, the miner would have to successfully mine a block full of low fees before competing with everyone to mine the block including the actual CPFP reward. That would not make economic sense.
    So in the edge case of a user doing CPFP for a very long chain (or list) of transactions, he/she has to first make sure that all of these fit in a single block, and then make sure the resulting average fee/bytes not only beats the current lowest transaction for the next block, but the average of all those transactions that the miner would have to relegate back in the mempool.

  • @WhoNoMe
    @WhoNoMe Před 3 lety

    What do you do? USE BITCOIN BCH

  • @christlove1
    @christlove1 Před 2 měsíci

    Hi, i made a trancation or 6k with a 1.35$ its been stuck for 8 days now and mempool still say in uncomfirm what should i do please help me ?

  • @user-co9yt4xt4v
    @user-co9yt4xt4v Před 9 měsíci

    my transaction is stuck going from my cashapp to my coinbase. 20 days stuck, I'd pay nearly half of the transaction at this point to just have it be done with. it has zero confirmations any advice?

  • @harvestedsoul
    @harvestedsoul Před 3 lety

    Gracias Andreas, saludos desde Chile o7

  • @johnnynanjiang
    @johnnynanjiang Před 3 lety

    Would child pays parent unnecessarily create “redundant” txs? Or more accurately, txs that have very narrow purpose of bumping fees only, would it be healthy for the blockchain as a whole.

    • @amadeusk525
      @amadeusk525 Před rokem

      Technically yes, they'd be redundant, but at least they don't render 0conf transactions useless like RBF. It's different trade-offs

  • @nope7405
    @nope7405 Před 3 lety

    You said RBF TX are not less trustworth than other zeroconf. Completely ignoring that 99% of miners enforce first seen rule and have a long term incentive to keep doing so. (preserving the value of their equipment)

  • @maneltso
    @maneltso Před 3 lety

    Thanks for all your videos! I love your books.
    I want to know what do you think about taking a crypto loan when I feel the bull run is ending to buy more btc during the bear market.
    Does it makes sense? In case the bull run continues It's ok, if a bear market comes it's even better.
    Seems like a win win scenario but just wondering if you see any flaw in that plan.
    Thanks and keep up the good work educating the world!

  • @brittneyjohnson6269
    @brittneyjohnson6269 Před 2 lety

    Hey boss I have btc stuck in unconfirmation

  • @ewor99
    @ewor99 Před 3 lety

    This is why everyone uses credit cards. The interest and transaction fees are nothing compared to trying to use bitcoin and you have protection on top of it all. Why do people buy bitcoin again? I keep forgetting...

    • @CanesFan65
      @CanesFan65 Před 3 lety

      Because it is DECENTRALIZED (not controlled by a company that can do whatever they wish if they disagree with your PURCHASES) AND because it CANNOT BE CONFISCATED. But go ahead and keep trusting that someone ELSE has YOUR best interest in mind.

  • @ukaszwisniewski2614
    @ukaszwisniewski2614 Před 3 lety

    Car vertical 0.002$
    Kin 0.0001$
    To the Moon this Year
    🚀🚀🚀🚀🚀🚀🚀🚀

  • @DaniDipp
    @DaniDipp Před 3 lety

    Is 1 satoshi/byte still viable these days?

  • @alexleach4002
    @alexleach4002 Před 3 lety

    @aantonop I have BTC private stored on hand written paper wallet (no QR). I am very worried about making a mistake importing it online. Can you explain a safe way to get this to a ledger or another safe space?

    • @alexleach4002
      @alexleach4002 Před 3 lety +1

      @UCX2latmmEFENSE4xMbaimPw Why are people alowed to use the same profile name and logo as the person who posted the video. This is stupid youtube. Im not that stupid.

    • @cryptodan8278
      @cryptodan8278 Před 3 lety

      Getting it on a ledger is itself safe as long as you make sure your PC is secure during the transfer.

    • @alexleach4002
      @alexleach4002 Před 3 lety

      @@cryptodan8278 Thanks for reply. I have a ledger but don't know how to get it transferred safely. I don't see how to import or sweep private key onto my existing ledger.

    • @cryptodan8278
      @cryptodan8278 Před 3 lety

      @@alexleach4002 that's exactly the point of a ledger, not having access to the private key is part of the security feature. You don't import the wallet to the ledger, you import (send) the bitcoin to it. If you need help with that let me know

    • @aantonop
      @aantonop  Před 3 lety +1

      Very glad you're not falling for the imposters. They're everywhere and when we stop one, two more show up.

  • @macro312
    @macro312 Před 3 lety +2

    And your spoken English has improved from 201X when I first saw you speak to an empty room

  • @why6212
    @why6212 Před 3 lety +1

    I've never had a tx stuck with Bitcoin Cash

  • @polyma8
    @polyma8 Před 3 lety

    There are Bitcoin accelerators

    • @abc_12333
      @abc_12333 Před 3 lety

      They aren't guaranteed to work. I've tried them many times

    • @polyma8
      @polyma8 Před 3 lety

      @@abc_12333 one of the transactions I made a while ago was stuck on the BC for about 5 days; those accelerators helped me tbvh

    • @abc_12333
      @abc_12333 Před 3 lety +2

      @@polyma8 They can definitely help at times. But no guarantee. I used it a few days ago and still had to wait 40 additional hours to get my BTC confirmed and I had to do it 4 times. From now on, I'll be trying RBF using Electrum Wallet.

  • @WhoNoMe
    @WhoNoMe Před 3 lety +1

    BCH ❤️ BTC 🤮

  • @popcycleism
    @popcycleism Před 3 lety

    Me being a cheap ass made me miss bitcoin years ago. 😭

    • @ddljddlj704
      @ddljddlj704 Před 3 lety

      What..lol

    • @popcycleism
      @popcycleism Před 3 lety

      @@cryptosrus4140 should I report you? Your too high in the food chain to be talking to me 🤔