Quote:
Originally Posted by antneye
I walked through a withdrawal in real time with ignition support and they stayed with me up until the point that I sent funds from blockchain to Coinbase. They never mentioned anything to me about adjusting the miner fee and I was totally ignorant to the issue.
It's now been twelve hours and it still is not confirmed. If the fee was too low (I assume I used the default) what happens? Does the transaction eventually time out and get restored back to blockchain? If so, how long does that take?
I've been told it will all work out by others who are familiar with bitcoin so I'm not really worried. I'm just curious how the process works.
EndTheFed has addressed this issue in this thread. Off the top of my head, if for some reason the transaction doesn't go through, it would be returned. But, it most likely will sit until being picked up, possibly for several days.