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Other => MultiBit => Topic started by: yenom on December 09, 2013, 09:55:37 AM



Title: How to send Multibit wallet balance in entirety?
Post by: yenom on December 09, 2013, 09:55:37 AM
I want to send the balance of my multibit wallet in its entirety, but I don't know how to calculate the fees. The balance is 2.01958333 and if I try to send that I get an error saying insufficient funds. How do I calculate the fee so that the balance is at zero at the end of the transfer?

I thought that you could elect for zero-fee transactions if you're willing to wait?


Title: Re: How to send Multibit wallet balance in entirety?
Post by: Rannasha on December 09, 2013, 10:13:24 AM
I want to send the balance of my multibit wallet in its entirety, but I don't know how to calculate the fees. The balance is 2.01958333 and if I try to send that I get an error saying insufficient funds. How do I calculate the fee so that the balance is at zero at the end of the transfer?

I thought that you could elect for zero-fee transactions if you're willing to wait?

The default fee Multibit uses is 0.1 mBTC (0.0001 BTC). So if you didn't manage to send w/o fee, try deducting 1 mBTC from the amount to send. That should do it.


Title: Re: How to send Multibit wallet balance in entirety?
Post by: yenom on December 09, 2013, 10:52:40 AM
Thanks but isn't there a way to precisely calculate it? I want the end balance to be precisely zero.


Title: Re: How to send Multibit wallet balance in entirety?
Post by: Abdussamad on December 09, 2013, 01:00:08 PM
Thanks but isn't there a way to precisely calculate it? I want the end balance to be precisely zero.

It is called a calculator: 2.01958333 - 0.0001 = 2.01948333


Title: Re: How to send Multibit wallet balance in entirety?
Post by: yenom on December 09, 2013, 01:25:05 PM
Thanks but isn't there a way to precisely calculate it? I want the end balance to be precisely zero.

It is called a calculator: 2.01958333 - 0.0001 = 2.01948333

Very funny, so that will leave my multibit balance at precisely zero? You are 100% confident that the fee is 1mBTC?


Title: Re: How to send Multibit wallet balance in entirety?
Post by: yenom on December 12, 2013, 01:51:28 PM
Does anyone know the answer to this?


Title: Re: How to send Multibit wallet balance in entirety?
Post by: yenom on December 12, 2013, 05:40:47 PM
I just confirmed it myself. 0.0001 fee.


Title: Re: How to send Multibit wallet balance in entirety?
Post by: Voogru on December 13, 2013, 01:56:01 AM
Thanks but isn't there a way to precisely calculate it? I want the end balance to be precisely zero.

It is called a calculator: 2.01958333 - 0.0001 = 2.01948333

Math is hard. :(


Title: Re: How to send Multibit wallet balance in entirety?
Post by: yenom on December 13, 2013, 06:56:54 AM
Reading is hard  ;D

I wasn't asking about the math.