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How can I cancel an unconfirmed transaction?

Bitcoin Reddit

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Hello,

I move a very small amount of bitcoin from a wallet that was laying around. and I set the transaction fee very low. The transaction has been stuck for a good week, maybe even more with 0 confirmations.

Thats fine I really don't care, but I would like to learn a little about this.

1) can I cancel the transaction?

2) am I "hurting" the network with this unconfirmed transaction?

3) will it ever get confirmed if I left it?

submitted by /u/adigabusymind
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