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Bitcoin => Bitcoin Technical Support => Topic started by: Evil-Knievel on March 24, 2014, 07:52:00 PM



Title: This message was too old and has been purged
Post by: Evil-Knievel on March 24, 2014, 07:52:00 PM
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Title: This message was too old and has been purged
Post by: Evil-Knievel on March 24, 2014, 07:55:09 PM
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Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: cedivad on March 24, 2014, 07:58:21 PM
Why the heck not?
Posted from Bitcointa.lk - #Utq9WvZbhe5wBitG


Title: This message was too old and has been purged
Post by: Evil-Knievel on March 24, 2014, 08:00:18 PM
This message was too old and has been purged


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: Remember remember the 5th of November on March 24, 2014, 08:02:31 PM
You claim to have found flaws in the Bitcoin protocol, but don't know how the Bitcoin-Qt client works?


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: GoldenWings91 on March 24, 2014, 08:11:13 PM
Options -> Display -> enable coin control

Hands down one of the best features of Bitcoin Core Wallet.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: BitCoinDream on March 24, 2014, 08:18:43 PM
Options -> Display -> enable coin control

Hands down one of the best features of Bitcoin Core Wallet.

So u r saying Gavin & Luke-Jr are doing a fantastic job :)


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: franky1 on March 24, 2014, 09:01:02 PM
Why the heck not?
Posted from Bitcointa.lk - #Utq9WvZbhe5wBitG

Well, the standard setting (i have found in Bitcoin 0.9.0) is "Set fee always = 0".
I find it really dangerous as we all know how long transactions without fees may get "lost" in limbo.

not paying a fee is dangerous. OMG, seriously dude change your mindset

if you add up all the 'fee's of transaction in any given block.. it usually totals less then 0.25btc

mining pool owners take atleast % of total income. so basically fees are paying mining pool owners. and as such fee's are not paying mining costs. its just a greedy bonus..

so i am glad that no one is forced to pay a fee anymore. and that as DECADES go by, fee's can be voluntarily added to transactions. again WE DO NOT AND SHOULD NOT consider fee's as mandatory and necessary to ensure bitcoin mining continues. thats like farmers getting a taxpayers subsidy to farm, purely so that shops can get cheap produce. at a cost to customers paying a premium both in tax and retail purchases. which many agree is a wrong business plan for the farming industry

every 10 minutes 25 bitcoin are mined.. thats over $14k every 10 minutes or $84k an hour.
if this is not enough for greedy miners, then they should stop selling so damned cheap and start allowing the price to rise naturally to get to a price they are happy to sell at.

miners are selling too fast to keep the price at reasonable levels and then they want/demand fee's to compensate them for their impatient decisions to sell too cheap.

so if i read anyone saying fee's are necessary or say its dangerous not to pay, then those people simply are: impatient, selfish, greedy and i hope they stop mining.
customers, average people dont want fee's, and the reward for mining (the 25btc) is more then adequate, the problem as i said before is that miners are selling too soon and too cheap. ruining the bitcoin price and the idea of bitcoin 'nearly free transactions'

-rant over -


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: Foxpup on March 25, 2014, 12:23:57 AM
Are you trolling, or just retarded? Every version of Bitcoin-QT defaults to zero fees for high-priority transactions. This has always been the case and is nothing new to 0.9. Now go away before you embarrass yourself further. ::)


Title: This message was too old and has been purged
Post by: Evil-Knievel on March 25, 2014, 12:25:47 AM
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Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: DeathAndTaxes on March 25, 2014, 12:26:09 AM
Are you trolling, or just retarded? Every version of Bitcoin-QT defaults to zero fees for high-priority transactions.

Yup.  Absolutely nothing new in v0.9 on this front.  Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).  How long it takes for a miner to include a tx in the next block at 0 BTC, 0.01 mBTC or 0.1 mBTC has always been up to the miner not the client.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: DannyHamilton on March 25, 2014, 12:34:29 AM
Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).

I thought I read that 0.9.0 still used 0.1mBTC per kilobyte for creating low priority transactions, and that the new 0.01mBTC fee was simply for relaying transactions that were received from other peers (transactions that would have to have been created with some other means).

Was I mistaken in understanding what I read?


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: DeathAndTaxes on March 25, 2014, 12:41:46 AM
Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).

I thought I read that 0.9.0 still used 0.1mBTC per kilobyte for creating low priority transactions, and that the new 0.01mBTC fee was simply for relaying transactions that were received from other peers (transactions that would have to have been created with some other means).

Was I mistaken in understanding what I read?

No you are correct.  I was unclear.  IIRC a future version will drop the create limit to the relay limit.  We need solid relay support in the network before it is wise to make creation of new tx at that fee level so relay support always comes before creation support in the network.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: Foxpup on March 25, 2014, 12:44:50 AM
Maybe I am just retarded, but I can recall that earlier versions had some positive value in the "transaction fee settings dialog" (contrary to what can be seen in above screenshot). Didn't they?
No. If they did, it's only because you changed it, in which case the new version will also use your changed setting.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: PolarPoint on March 25, 2014, 12:50:45 AM
I don't use the qt client. Takes too long to sync. But dropping fees to 0.00001 is a good step forward


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: JavaCoder on March 25, 2014, 08:07:56 AM
The fee was ok which was 0.0001BTC before , no need to cut it down.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: fsb4000 on March 25, 2014, 09:02:30 AM
The fee was ok which was 0.0001BTC before , no need to cut it down.
zero fee better than 0.0001BTC   :)


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: softron on March 25, 2014, 10:48:03 PM
I will sending on blockchain.info without fee to see if it confirms. It seem better since they stoped letting people spend unconfirmed coins.


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: zvs on March 26, 2014, 02:43:33 AM
I will sending on blockchain.info without fee to see if it confirms. It seem better since they stoped letting people spend unconfirmed coins.
it will confirm if it's a priority transaction

if it's not, it won't for a very long time

i also think the old .0001 fee was fine... 6 cents? Wtf


Title: Re: No Fees anymore in BitcoinQT 0.9.0?
Post by: Foxpup on March 26, 2014, 08:42:55 AM
Seems like some Ubuntu Problem, as I can confirm the 0.00000 fee setting in an older version (installed from the ubuntu repository too.
On a completely different computer.
Don't you think you should have confirmed that before you started this ridiculous thread? And what does it have to do with Ubuntu, anyway? The default fee is the same regardless of what operating system you use.