Bitcoin Forum

Is there a way to manually transfer raw bitcoin onto another bitcoin wallet? Say I want to avoid the miners fee, can I meet the guy I'm reading at a MacDonalds, and get him to transfer the fraction of the bitcoin (a certain strong of numbers) onto a USB or something, which I can transfer to my wallet?

Yes, its possible but I would not use it in trade situation. It would require you (or your trading partner) to transfer the private key instead of the coins. You would gain ownership of the address and the coins spendable there, but there is no way to make sure your partner does not have a copy. Since a private key is essentially a long number it is easily stored on any material or device and easily copied as well.

You could still use a paperwallet and "sweep" the private key with your favorite wallet software/app. Sweeping means that your wallet reads the private key and creates a TX that sends all funds to an address generated by the wallet itself. You would still have to pay a fee for this so I dont see any benefit.

Come on dude, we are talking about 0.0001 BTCs here that's about 2 cents. If you didn't want to do at least hundred transactions here, then you don't have any right for excuse on asking something like this.

I just want to note that the fee of a bitcoin transaction does not increase by the transaction amount. All of the methods shorena mentioned will work, but I feel that that will be more work than needed for a couple cents.

But sir, my btc wallet has diddly squat. My wallet total IS the wallet fee xD

That a food enough excuse?

if you want to avoid the fees simply don't put any amount, it will require a longer time but in the end it will be proceeded

and anyway you didn't put any restriction on time, so i must assume that you're willing to wait

There are two ways to transfer bitcoins without fees and i don't think any of these will be benefit to you..anyways the first one is to export your private key and import it in the wallet of other one you want to send bitcoins this way he will get the bitcoins but it's useless because he will gain access to yout private key and can have the access to all future bitcoins you recieve on that address.Another way is to send bitcoins without fees,yes it's possible but you have to wait like 3 days before your transaction is confirmed..I personally send bitcoins always with fees as 0.0001 btc is nothing compared to fees you pay on other payment system

Soooo what are you going to sell that for? A warm handshake?


Considering 0.01 BTC would need 100 days worth of confirmations to have the needed priority I would think its not possible if OP indeed only has 10k satoshi.

Isn't that just theory?
I also sent dust transactions once or twice, with no fee added, and they went through. And surprisingly, they didn't even take very long. A couple of hours, maybe.

But that was already some time ago, could very well be that the Bitcoin core was changed to prioritize such transactions differently, in the meantime.

Its a rule of thumb based on the required priority for a transaction to be allowed in the 50KByte reserved for TX without fee. Obviously any miner can change these default settings as they deem fit. E.g. a TX that creates or spends dust (<5460 satoshi) can be accepted and mined by, but will not be relayed by any node running the default config. Thus its hard for such a transaction to reach a miner in the first place.