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THANKS!
Wow, thanks!
Am I allowed to publish it on my website facebook etc?
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One day I've sent a big transaction of ~5 btc with zero fee and it was confirmed in less than 30 min. Maybe I was lucky or maybe it was the 5 btc I dunno know. Now I put always 0.0001 bitcoin as fee and for me is very fine, it is less than 0,02 $ !
Zero-fee transactions are based on the weight of the transaction, which takes into consideration the input size, output size, and age. If you held 0.1 BTC for a day, you'd already have enough weight to negate the need for fees (if you were sending at least 0.01 BTC). 5 BTC was way overkill for the system. I like the term "weight" to mean the size in bytes. Generally, the "size" of a transaction is considered to be its value, so a term like "weight", which also implies a burden, is better. I'm going to use it from now on. Is the weight calculated in the amount of bitcoin or the amount of adresses sending Transactions? Like 1 adress sends 5 btc or 100 adresses send 0.1 btc together? The weight/size is calculated in base of how much inputs your transaction has, if it has 2 inputs it will have a little weight instead if it will have 3-4 or more inputs its weight is more than the other (and you should put an "high" fee). Weight is in relation to its importance in the network, NOT its cost. Higher weight = higher priority to be added. I think you're getting terms confused here. In fact, it's the opposite of what you said: higher weight = LESS fees needed, since it's already a high-priority transaction. Let's make a little example , this transaction : https://blockchain.info/en/tx/629b20c359a465dae1f7bee99dadf8eb797e7f1087deca56248388a220c7240aSize 372 (bytes) 0.0001 BTC btc as fee | 2 inputs
The size is the weight. If the transaction has more weight it needed "more" fee, now let's suppose that transaction has 1800 byte with only 1000 satoshi as fee. I think it will not confirmed fast as the other. Correct me again if I am wrong. Wow, thanks for the explanation! So is it possible that I send 0.01 btc with 100 inputs but no fee, will it still be confirmed as normal, because the size is big or will it be longer than usual/skips blocks? |
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You now dont really get BTC with mining nowadays, the electricity bills etc are too high and you cant make profit.
Everybody now mines Altcoin, most of them that mine Bitcoin have large mining farms or are solo mining(Trying luck to find a 25 btc block)
In terms of making bitcoin, I make roughly 0.03 btc a month for just posting on this forum(sig campaigns).
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Wow, thats millions of dollars in one transaction!
But there was a bigger one, wasnt there?
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One day I've sent a big transaction of ~5 btc with zero fee and it was confirmed in less than 30 min. Maybe I was lucky or maybe it was the 5 btc I dunno know. Now I put always 0.0001 bitcoin as fee and for me is very fine, it is less than 0,02 $ !
Zero-fee transactions are based on the weight of the transaction, which takes into consideration the input size, output size, and age. If you held 0.1 BTC for a day, you'd already have enough weight to negate the need for fees (if you were sending at least 0.01 BTC). 5 BTC was way overkill for the system. I like the term "weight" to mean the size in bytes. Generally, the "size" of a transaction is considered to be its value, so a term like "weight", which also implies a burden, is better. I'm going to use it from now on. Is the weight calculated in the amount of bitcoin or the amount of adresses sending Transactions? Like 1 adress sends 5 btc or 100 adresses send 0.1 btc together? |
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Please move this thread to Currency Exchange or Digital Goods
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A newbie trying to get 3700$?
Do you accept escrow?
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Joined, I love the Signature system!
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Hi- what country are your cards IBIN numbers please?
Do they accept refunds?
Are they reloadable and how does the card holder name appear?
Thankyou
Hello, these arent reloadable. You can use any name, as there is no exact name on the card. I dont know what you mean with refund, like chargebacks?! I dont think so, but you can try contacting the support team of the card and see |
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The website design doesnt lookhow it should, every image is located at one point.
At least for me (iPhone 6)
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I am unable to upload my wallet into blockchain.info. I keep getting connection refused. The password is correct and my client is up to date.
the feature is bugged or just not working. Still doesnt work, I think they might fix it soon |
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In 2013 it increased to 1000$, because the government approved Bitcoin
Then somehow the price crashed in 2014 because big companies were all against it
Whats the main reason of this price increase?
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The big services are somehow all against Bitcoin
They dont want anonymous transactions etc, they are free because they want to get your informations
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I know the problem with confirmations and I can easily afford the fess, I am just curious about the fees etc.
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?
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Why would you buy prepaid btc when you can directly exchange it into bitcoin?
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