Bitcoin Forum

Other => Beginners & Help => Topic started by: Envite on February 05, 2013, 08:09:54 PM



Title: "Account has insufficient funds" message but there are enough funds
Post by: Envite on February 05, 2013, 08:09:54 PM
Hi all

I'm trying to send some bitcoins having enough funds, but my own bitcoin-qt says I have not enough funds.

Code:
20:05:47 sendfrom 1HXyhhXs2B8C6uomRcvYFsqApmw5HDj6o4 1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp 0.001
20:05:47 Account has insufficient funds (code -6)

Could somebody help me?


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: greyhawk on February 05, 2013, 08:16:33 PM
You have 0.00148702 BTC in that account and are trying to send out 0.001 BTC. This would suffice were it not for the transaction fee of 0.0005.


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: Gyrsur on February 05, 2013, 08:19:16 PM
Code:
sendfrom <fromaccount> <tobitcoinaddress> <amount> [minconf=1] [comment] [comment-to]
<amount> is a real and is rounded to the nearest 0.00000001
requires wallet passphrase to be set with walletpassphrase first

account is not a address. try "sendtoaddress" instead.

Code:
sendtoaddress 1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp 0.01

0.001 is too low. SD changed the min. amount to 0.01


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: Gyrsur on February 05, 2013, 08:23:06 PM
now you can try it and loose the money...  ;D

http://blockchain.info/tx-index/49520058/102489203f4736055fc7f8cfbcdce41d7d7a832f9caa37eda11594aef30d3e44


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: Envite on February 05, 2013, 08:24:08 PM
You have 0.00148702 BTC in that account and are trying to send out 0.001 BTC. This would suffice were it not for the transaction fee of 0.0005.

Thanks

I understood from reading something somewhere (I'm quite new and I can not remember where I read everything) that transactions can be made without fees, and they just will delay more than if made with fees. Am I wrong?


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: greyhawk on February 05, 2013, 08:27:01 PM
You have 0.00148702 BTC in that account and are trying to send out 0.001 BTC. This would suffice were it not for the transaction fee of 0.0005.

Thanks

I understood from reading something somewhere (I'm quite new and I can not remember where I read everything) that transactions can be made without fees, and they just will delay more than if made with fees. Am I wrong?

That's correct in theory. However bitcoin-qt enforces a mandatory "voluntary fee" of 0.0005 for a transaction. You'd need to use another client to avoid that.

Looks like gyrsur has bumped your balance up to the necessary amount.


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: Gyrsur on February 05, 2013, 08:30:50 PM

yeah to feed the SD monster...  ;D


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: Envite on February 05, 2013, 08:36:54 PM
You have 0.00148702 BTC in that account and are trying to send out 0.001 BTC. This would suffice were it not for the transaction fee of 0.0005.

Thanks

I understood from reading something somewhere (I'm quite new and I can not remember where I read everything) that transactions can be made without fees, and they just will delay more than if made with fees. Am I wrong?

That's correct in theory. However bitcoin-qt enforces a mandatory "voluntary fee" of 0.0005 for a transaction. You'd need to use another client to avoid that.

Looks like gyrsur has bumped your balance up to the necessary amount.

Thanks. I'll check other clients. I'm not against fees, I know they will maintain BTC system running after 21M, but I also want the freedom to choose if pay them or not.


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: greyhawk on February 05, 2013, 08:44:50 PM

"The dice must roll"


Title: Re: "Account has insufficient funds" message but there are enough funds
Post by: tribble222 on February 05, 2013, 10:26:44 PM
It's the .005 fee that's getting you. It should let you avoid it if you say no though.