BTC low fee 9+ hour no confirmation

Discussion in 'Report A Scammer Archive' started by Link, Jun 21, 2021.

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BTC low fee 9+ hour no confirmation
  1. Unread #1 - Jun 21, 2021 at 2:45 PM
  2. Link
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    BTC low fee 9+ hour no confirmation
    Explanation of trade:
    I sold 500M osrs to @Luck, we agreed on an amount but no Confirmation of fees was discussed:
    [​IMG]
    [​IMG]



    His discord + UID:
    [​IMG]

    640378662214041622
    Screen capture - 1456ddd40b92898f5152960aeda36a75 - Gyazo





    Idk, but i feel like 0.83 is a very low fee although it is possible it could of been that low, but it's so volatile.

    According to the rules:
    A warning to all traders wishing to trade with Cryptocurrency


    I should not have to lose out because of this, and i was not warned or spoken to about any fees prior to my sale.

    9 hours later i am still without payment:
    https://www.blockchain.com/btc/tx/5c9b0ce9f5052a34ab9c39f3f7f62ddb20481c022f56180ee3848c36ea9f58bb








    Idk what to do here really.
    I'm not saying Luck is a scammer and I've never had ANY issues with him, but if positions where reversed I'm certain I'd of seen this report up at 2 hours.
     
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    Last edited by a moderator: Jun 21, 2021
  3. Unread #2 - Jun 21, 2021 at 4:17 PM
  4. BlackBlasses
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    BTC low fee 9+ hour no confirmation
    Hello,

    I see that a few blocks were confirmed with a median fee bellow 5 sat/b approximately 10 hours ago, so 11.76 sat/b that @Luck's worker sent the transaction with doesn't appear to be completely unreasonable.
    The mempool simply got congested, which is, of course, to be expected.
    I don't consider it a bad trading practice, however, the following rule applies:

    @Luck if you know how to (and can) replace the transaction with higher fee, please do so ASAP. It's in your own interest, as you are now exposed to the price volatility.

    Please tag me (or other staff member in case I'm offline) when the transaction is confirmed.

    regards,
    BB
     
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  5. Unread #3 - Jun 21, 2021 at 5:20 PM
  6. BlackBlasses
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    Global Moderator BlackBlasses Donor CDT Member Boomer

    BTC low fee 9+ hour no confirmation
    [​IMG]

    527m × $0.42/m = $221.34
    Value of BTC when confirmed = $215.25
    $221.34 - $215.25 = $6.09

    @Luck amount owed to @LCEsales is $6.09.
    Please agree on a payment method - refunding a few millions on 07 is an option too.

    Please keep us updated.

    regards,
    BB
     
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    Last edited: Jun 21, 2021
  7. Unread #4 - Jun 21, 2021 at 6:14 PM
  8. Link
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    BTC low fee 9+ hour no confirmation
    @Luck @BlackBlasses thanks for your assistance. @Luck please donate this money to the community fund, this can closed once receipt too the community fund has been confirmed.
     
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  9. Unread #5 - Jun 21, 2021 at 7:06 PM
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    BTC low fee 9+ hour no confirmation
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    Last edited: Jun 22, 2021
  11. Unread #6 - Jun 21, 2021 at 10:12 PM
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    BTC low fee 9+ hour no confirmation
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  13. Unread #7 - Jun 22, 2021 at 5:57 AM
  14. BlackBlasses
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    BTC low fee 9+ hour no confirmation
    Great, thank you.

    Have a good day
     
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