Title: zero fee Post by: amir169 on July 30, 2017, 01:43:46 PM what happen if we set transaction fee zero or least that never possible to confirm
the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? Title: Re: zero fee Post by: xskl0 on July 30, 2017, 02:35:38 PM It can be confirmed one day
Title: Re: zero fee Post by: anhhung409 on July 30, 2017, 02:55:56 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? I think it will be back but it takes a long time. The absence of fees is never going to happen because there is a fee to maintain the operations of the managers Title: Re: zero fee Post by: williamuk on July 30, 2017, 03:03:45 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? I think it will be back but it takes a long time. The absence of fees is never going to happen because there is a fee to maintain the operations of the managers managers? who are these?Title: Re: zero fee Post by: The Sceptical Chymist on July 30, 2017, 03:05:08 PM When I tried sending bitcoin a few months ago when the network was super congested, I had a transaction stuck for about 3-4 days, and then it got sent back to my wallet. It could very well be that someone would confirm a zero fee transaction, but it's going to take a hell of a long time if it even goes through. If not, it'll just sit there until it finally makes it back home to your wallet.
Try it, let us know how that works out for you. Title: Re: zero fee Post by: Variogam on July 30, 2017, 03:06:06 PM You should specify what Bitcoin wallet you are talking about. In many Bitcoin wallets you wont be able to set zero fee easily, or at all. If you do, dont expect the transaction to be confirmed anytime soon.
Title: Re: zero fee Post by: HatakeKakashi on July 30, 2017, 03:08:31 PM I dont think will happen when the miners get a bitcoin . Maybe the good option instead of zero fee why not it will decrease again the transaction fee like 20k satoshi for sure many people become happy because we are experiecing high fees when we are sending bitcoin. And it depends on how much bitcoin you send . For sure if transaction fee is zero they did not confirm even you wait few days.
Title: Re: zero fee Post by: U2 on July 30, 2017, 03:10:30 PM If the network is congested you could always have people keep rebroadcasting the transaction but honestly just pay a small fee and eventually it'll go through. Even 10 or 20 sats/byte will be fine to be confirmed at some point.
Title: Re: zero fee Post by: Ayers on July 30, 2017, 03:18:39 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? yes it will be cancelled if it remain more than 72 hours in the mem pool, but only if enough nodes confirm it first, and then itì's rejected after this time run out, or you can cancel it manually in the client, i think that zero fee worked good in the old days when the fee was 10k satoshi, now it's better to not do that Title: Re: zero fee Post by: AK47- on July 30, 2017, 03:19:29 PM what happen if we set transaction fee zero or least that never possible to confirm The transactions with no fees would take some days to a week to get confirmed, it will depends upon Miner's goodwill and that is rare to happen. Most probably within some days your transaction would be off the network and balance will revert back to your wallet. That is why it is never advisable to make transactions with no fees. the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? Title: Re: zero fee Post by: swogerino on July 30, 2017, 03:20:42 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? It depends on your wallet but many different wallets send the bitcoins back if they rest unconfirmed from 3 to 7 days maximum. If you want to send bitcoin with zero transaction fee you can use Xapo wallet but it is a wallet which is managed by third party and they can decide to shut down your account anytime. Always use desktop wallets or wallets in which you control the private keys. Title: Re: zero fee Post by: amir169 on July 30, 2017, 04:18:42 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? yes it will be cancelled if it remain more than 72 hours in the mem pool, but only if enough nodes confirm it first, and then itì's rejected after this time run out, or you can cancel it manually in the client, i think that zero fee worked good in the old days when the fee was 10k satoshi, now it's better to not do that what about this transaction? confirmed after 801 min or 13 days https://blockchain.info/tx/256301465d77affb6bc7087432a9130db48dd64efa28b0460fb674eda704f382 Title: Re: zero fee Post by: cdog on July 30, 2017, 04:27:50 PM what happen if we set transaction fee zero or least that never possible to confirm I ever transactions up to 1 day and unconfirmed and my Bitcoin is returned intact.the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? have never tried a transaction without using a fee because it's too risky. Title: Re: zero fee Post by: LodisMcguire on July 30, 2017, 04:30:45 PM I think it will take a long time to confirm your transaction or it will be rejected
and why are someone try to send bitcoin with zero fees,give some credit to the miner too Title: Re: zero fee Post by: Emoclaw on July 30, 2017, 04:31:35 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? yes it will be cancelled if it remain more than 72 hours in the mem pool, but only if enough nodes confirm it first, and then itì's rejected after this time run out, or you can cancel it manually in the client, i think that zero fee worked good in the old days when the fee was 10k satoshi, now it's better to not do that what about this transaction? confirmed after 801 min or 13 days https://blockchain.info/tx/256301465d77affb6bc7087432a9130db48dd64efa28b0460fb674eda704f382 13 days would be more like 18720 minutes. Plus this transaction was broadcast 3 years ago, fees were much lower then. Title: Re: zero fee Post by: piebeyb on July 30, 2017, 04:32:16 PM If the transaction is not too full on the bitcoin network I think it might be confirmed and put in the block, I think you only wait until 3 days to see your transaction.
Title: Re: zero fee Post by: MiF on July 30, 2017, 04:33:48 PM You should specify what Bitcoin wallet you are talking about. In many Bitcoin wallets you wont be able to set zero fee easily, or at all. If you do, dont expect the transaction to be confirmed anytime soon. Yes I think the local wallet that I was using last year doesn't really need a fee to send bitcoin,Whenever I would sent 0.01 or any amount I don't really have to pay some fee I would also receive the same amount that I have sent, Just hope that it could be back to being zero fee. Title: Re: zero fee Post by: hajimasan on July 30, 2017, 04:42:12 PM what happen if we set transaction fee zero or least that never possible to confirm Earlier there were some wallet which was serving Thier service to make transaction of the bitcoin without fee ( paying from own pocket) ,but here currently no one wallet are giving free of fee transaction of btc .the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? And you will set the fee manually to 0 Satoshi then I don't think that it can get confirmed , Here I am not guessing anything but about one month ago I found a transaction ( made about 2 years ago) with the fee of 1 Satoshi but even yet in the current time it didn't get confirmed because I think owner of the bitcoin don't know how to handle this mistake or anything else may be . So you can understand easily that you will take a big risk if will try to transfer without fee , may be it can back but if it get proceed then I think you will only loss your btc . My recommendation for everyone to send btc atleast with the minimum fee of 0.00001btc ( so that viabtc.com can help you to accelerate ) Title: Re: zero fee Post by: MRlong on July 30, 2017, 05:30:52 PM I remember in last year the cheapest fee for creating transaction is 10.000 satoshi, only user Coinbase in this time can sending Bitcoin free fees (but not as my mean, Coinbase has pay fees helps user in first time). If you try sending Bitcoin in current without fee, I think your Bitcoin will comeback your wallet after 72 hours can't get confirmation ;D
Title: Re: zero fee Post by: Taki on July 30, 2017, 05:37:31 PM This question was discussed on the forum not once and the reply is te same as before - zero fees is a bad idea and better to not try it at all, cause of your transaction may naver been provided.
Title: Re: zero fee Post by: Gintama214 on July 30, 2017, 07:05:49 PM what happen if we set transaction fee zero or least that never possible to confirm the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? I think that if there will be a zero fee in every transactions that we do, it will take a long long time because its not prioritize unlike does who pay fees that their transactions will only takes without an hour and not days. I do think having fees also helps them to improve their system in which ever wallet you are using and the fees are not that really high. It totally depends on you I also see some wallets who gives you options on if what kind of transaction you do. Paying no fees will not unconfirmed your BTC forever but I think that It will take a long time days or weeks, who knows how many days it will take. I believe that fees do help wallets to improve their transactions I actually vote for it. Title: Re: zero fee Post by: Jody.Drummer on July 30, 2017, 08:32:23 PM what happen if we set transaction fee zero or least that never possible to confirm During the experience I feel the zero fee transaction is still running and will be a confirmation just takes a very long time even ever until a few days.the transaction will cancell and bitcoin get back? or my bitcoin stay unconfirm forever? |