Will the transaction with miner fees get confirmed over the transaction without the miner fees? As I understand it after a few hours/days eventually one of them will be confirmed, but how do miners decide which one?
The pools may use customized clients that behave different from the stock bitcoin.org client, but how the Bitcoin.org client handles it is the first transaction a node receives goes into the memory pool and the second one is rejected (assuming the first one was valid) . That is likely to be what will happen here. The first one (without the fee) got propagated fast enough that most nodes never even knew about the second one (with the fee paid). The transaction without the miners fee hadn't hit many nodes yet,
Well, blockchain.info shows the first transaction (without the fee) as being "first relayed by" 127.0.0.1. I was thinking that meant that it was a transaction sent from blockchain.info/wallet, but maybe I'm wrong there. But that is a well connected node and likely that is the transaction that will be included in a block and the second transaction will never confirm. - https://blockchain.info/tx/e860c52cd705d398abac710dc9a1df81ca153267dea7857f34fada2cedbc8409 <-- First / No fee pad. - https://blockchain.info/tx/41a08e5afede7698f368d2516c6cb85134e158ae9bbf340d5382383b3d3b6183 <-- Second / Fee paid. Thanks for the response, I was pretty sure the first transaction (no fee) did come from a satoshi client, not the blockchain.info/wallet. I might have messed up here so I might try again: How about the scenario where the transactions are placed less than a second apart? Is there a way to effectively double spend with >50% probability (on 0 confirmations) this way? |
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What about this: I generate a new address and it turns out it already has coins in it. Would sending those coins to another address be illegal?  What about this: I buy a new lock and it turns out the key opens the door to someone else's home. Would moving things from that house to mine be illegal? Touché. |
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miners will look at the blockchain and see you already spent the coins your trying to send and never confirm them if both of those transactions get confirmed bitcoin dies tonight. FTFY I expect either one of the final outputs to confirm, or neither of them confirming. Both transactions have 0 confirmations at the moment. |
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Bitcoin will be doomed to failure if it doesn't shed all of it's fiat currency traits. eg. gambling, interest..
Where is this utopia of which you speak? Didn't you hear? Some bitcoin users were going to go live on an island in the bermuda triangle and start a utopia, running their bitcoin clients off dial-up on their satellite phones. Why else do you think everyone keeps complaining about pruning the blockchain? [/random moment] |
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1k at $13.80 now  |
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All we need is a big buyer to clear out the path from here to $14 for us and we are set!
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Get ready to say farewell to the $13's! 2k wall plopped at $13.80 |
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I'm really impressed by the relentless bulls these past few weeks. Its surprising the buying pressure is still here! I think $14 may be passed by next week.
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Lol, one guy was pushing his 700 something ask wall from the lowest ask price to the highest bid price, about 0.03 $ a time, then gets eaten at 13.65, don't know what he was thinking.
He got more money than just placing a market order. He probably wanted to get a USD withdraw started before the weekend. Then he shouldn't just place his ask each time at a slightly lower price, what difference does it make besides him getting less USD? Time, he gets to issue his USD withdraw now instead of waiting XX minutes, also other people could continuously place lower asks then him and he could be forced to fight them for XX minutes. |
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you can always delete some posts and try 1000 again.
Don't give away the secret!  |
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Lol, one guy was pushing his 700 something ask wall from the lowest ask price to the highest bid price, about 0.03 $ a time, then gets eaten at 13.65, don't know what he was thinking.
He got more money than just placing a market order. He probably wanted to get a USD withdraw started before the weekend. |
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77%?! And here I am getting happy when users on Stratum have speed exceeding 50% (which only happens once in a blue moon).
LOL, I'm being pretty aggressive in Stratum propagation. Getwork users have pretty annoying message on website profile, thankfully lot of them really update after they noticed it. I have a nice annoying message to anybody that hasn't used Stratum in the last 2 weeks. They just ignore it. I guess I can make the font size increase by 1% per day ;p. That might work actually lol |
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I don't hate it, but I certainly don't like it. I'm in the same boat as you, what's the point? Instead of buying something for person A, and person A buying something for you, why don't we just spend our own money on things we actually want? I hate trying to come up with gifts for people... which is why everyone is getting Casascius coins from me this year. |
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Yup, by single username Phin has the most posts. I wonder how many posts Atlas has made through his various sockpuppets though.
6,388, but whose counting? Lol |
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... Donate here then: 1THEEnD6n3L1hiHPgDDojCajp8zJKU4e1 GPU's are busy mining, that's all my cpu could come up with. Lol, nice one  I'm trying for 1TheEnd0ftheW0rld, but it doesn't look like I'll get it before the sun burns up. Also not even a bitcent donated to the address above.  |
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It's 2 posts away - I'm kind of scared. Don't want to post unless I have something interesting to say.
Boobies.
10,000 or 1,000? BTW... Do you have the most posts on this forum? |
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I have a post on page 2!  |
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