Bitcoin Forum

Other => Beginners & Help => Topic started by: ABitBack on May 20, 2013, 04:10:15 PM



Title: So is the blockchain suppose to work like this now? Panicing now.
Post by: ABitBack on May 20, 2013, 04:10:15 PM
Ok something seems to be wrong with my wallet. None of the transactions are confirming. I know the blockchain has had some work done to it but is this how it is suppose to work now.

When ever I send a transaction it sends my entire wallet bitcoins to one address and the original amount to the destination. Only the recipient doesn't receive the funds as the transaction doesn't confirm.

Here is the most recent transaction I performed to test. https://blockchain.info/address/18kq1xrWFRPMHzsygBQVzrN2RQeZw8at2P
As you can see it sends 24.84302725 BTC to a new wallets and 0.001 BTC to the recipient. Only it doesn't confirm. I did pay a Transaction fee of -0.0005 BTC.

Thank you for all your help in advance.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: 01BTC10 on May 20, 2013, 04:12:50 PM
I noticed some transactions take way longer than usual since 2-3 days.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: ABitBack on May 20, 2013, 04:17:30 PM
Ok they seems to be confirming now as I write this post which is odd as I sent the funds yesterday. It's as if it knows I'm talking about 'them'.
I'm used to having only 1 main wallet address which I can look up on blockchain. Now when I look up my main wallet address, I find with every transaction, everything has been sent to a new address, minus the transaction going to its destination. I hope I'm clear, is this normal now?


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: FreddyFender on May 20, 2013, 04:18:10 PM
I noticed some transactions take way longer than usual since 2-3 days.
My most recent transactions took several days without a fee - prior to 0.8.* enforcement. Off-chain transaction maybe your only answer for quick sale/confirmation.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: 01BTC10 on May 20, 2013, 04:19:26 PM
Yes it's called change. When sending a transaction you need to "spend" all bitcoins from that address. Change get sent to a new address to preserve anonymity.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: ABitBack on May 20, 2013, 04:22:59 PM
Yes it's called change. When sending a transaction you need to "spend" all bitcoins from that address. Change get sent to a new address to preserve anonymity.
Is this not creating an even larger blockchain? I nearly shat a brick when the confirmation weren't going through and my main wallet address said "0" despite Bitcoin-qt saying I had funds.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: odolvlobo on May 20, 2013, 04:32:50 PM
That is how bitcoin works. It is better to think of a bitcoin address as a payment code instead of something that holds bitcoins. Your wallet contains many addresses and most are hidden from you.


Title: Re: So is the blockchain suppose to work like this now? Panicing now.
Post by: kodo on May 20, 2013, 05:24:40 PM
Fer sure