The reason has nothing to do with it being a vanity address.
Transaction fees are based on the size of a transaction in byte. In general, vanity addresses are uncompressed, so the transaction is slightly larger than when you send from a compressed address (which is the standard nowadays). Of course, you can choose a smaller fee but the confirmation would take a longer time.
https://btc.com/stats/unconfirmed-tx currently says 60 sat/byte is enough for speed, but with 155 inputs you won't need speed. If it were me, I'd do it in small batches: take 10 inputs, say 2000 bytes, and send them to your own address. Pay no more than 0.2mBTC fee. In general, fees are lowest on Sundays, and with 2.25 BTC and 155 inputs I dont thinkyou're in a hurry. Do this 16 times, and you've paid a total of 0.003 BTC in fees. I "disagree" with wallets that by default set a high fee, that's just a race to get ever increasing fees. Great for miners, but the network is still congested. For what it's worth: I do this on a daily basis: whenever I make a transaction anyway, I choose which inputs to use ("coin control"), and make sure I don't end up with many small inputs for a long time. This way I don't have to pay a rediculous fee if I'm in a hurry to send my funds. My example with 10 sat/byte fee last Sunday. Yeah, it has had 155 transactions is for a total of 2.25 BTC
I really never knew that the total in the wallet would need to have fees deducted if moved.
Bitcoin isn't very intuitive when it comes to fees, but it's easier to understand when you look at it as buying a car with small coins. How do i choose which inputs i send??
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But surely the fees are paid by the people sending the money into the wallet? Why do i have to pay more to move it out of the wallet?
Maybe i'm just being completely dumb about the way Bitcoin works, I just have never had to deal with this before.
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That seems like a lot for fees. Are you using a different unit, like mBTC? And yes, if it is really in your wallet you can still use it to receive money. I would keep it in your old wallet if I were you, just in case.
Yeah, it has had 155 transactions is for a total of 2.25 BTC I really never knew that the total in the wallet would need to have fees deducted if moved.
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Ah, i see.
So if i wanted to import the address into blockchain.info I could use it without paying the large fee?
I have always swept cold wallets as a matter of safety before after being told thats what i should do
Thanks again
That's good advice, and you should keep following it. You should sweep funds when you want the money that's in the address. However, if it's the address itself you need, then you'll have to import it directly into the wallet. So the address is now in my imported addresses in my blockchain wallet. I tried to send it to another wallet but it still says I ave to leave 0.04 free for the fees. Not sure how I work my way around that. So, I am correct in thinking the address is still usable to receive funds?
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Ah, i see.
So if i wanted to import the address into blockchain.info I could use it without paying the large fee?
I have always swept cold wallets as a matter of safety before after being told thats what i should do
Thanks again
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I just tried to import a vanity address into blockchain.
I was about to transfer the coins when i noticed that the fee was about to be 0.04 or £240. Is there any reason why that would be so high? Is it because it's a vanity address?
Thanks
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7500 on Stamp Life is good.
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Okay, I admit it. This is fucking awesome. And also this. Purchased. Thanks
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edited out
[/quote] Contact mods or admin buddy to resolve your account recovery problem [/quote]
Tried mate but nothing seems to be able to be done. Just don't want anyone to end up being scammed, which surely has to be the only reason someone would steal an account and keep posting as if the original user.
Sorry about shitting on your thread though.
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Hey there
Like to catch the train, too.
Innovative idea behind this AFAICS.
Good luck!
DO NOT TRUST THIS PERSON. MY ACCOUNT HAS BEEN HACKED. HAVING ISSUES PROVING WELL ENOUGH FOR THEYMOS BUT I AM CURRENTLY WORKING ON PROVING IT WITH LEGENDARY AND HERO MEMBERS I HAVE WORKED WITH BEFORE.
IF YOU HAVE EVER DEALT WITH ME BEFORE FOR ANY OF MY GROUP BUYS OR PURCHASED COINS FROM ME THEN PLEASE GET IN TOUCH SO I CAN PROVE WHO I AM.
ONCE I HAVE PROVED TO YOU WHO I AM THEN PLEASE ADD BAD TRUST TO MY ORIGINAL ACCOUNT.
THIS IS A SCAM WAITING TO HAPPEN
STEELBOYApologies for the CAPS. Thought it might catch the eye. Grin To the hacker - I will continue to do this for every post i see of yours. If you want to make a little money from this account the only option will be selling it back to me
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The Amazon call is over and as far as I can tell nothing was mentioned. As far as I can tell Bitcoin don't give a fuck.
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Has anyone actually been listening? I've logged into some Q&A. Has he question been asked?
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The bounce that keeps on bouncing.
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This is surely going to be huge! I'm in! DO NOT TRUST THIS PERSON. MY ACCOUNT HAS BEEN HACKED. HAVING ISSUES PROVING WELL ENOUGH FOR THEYMOS BUT I AM CURRENTLY WORKING ON PROVING IT WITH LEGENDARY AND HERO MEMBERS I HAVE WORKED WITH BEFORE.
IF YOU HAVE EVER DEALT WITH ME BEFORE FOR ANY OF MY GROUP BUYS OR PURCHASED COINS FROM ME THEN PLEASE GET IN TOUCH SO I CAN PROVE WHO I AM.
ONCE I HAVE PROVED TO YOU WHO I AM THEN PLEASE ADD BAD TRUST TO MY ORIGINAL ACCOUNT.
THIS IS A SCAM WAITING TO HAPPEN
STEELBOYApologies for the CAPS. Thought it might catch the eye. To the hacker - I will continue to do this for every post i see of yours. If you want to make a little money from this account the only option will be selling it back to me
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This run up has really been a lot of fun. I literally cannot wait to see if past performances repeat themselves and we double a couple more times in the next couple of years. Good health to you all.
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Account hacked but I've still got my coins so as of this moment. Fuck them!
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It seems my account password has been changed and I dont understand why or how it happened.
What should i do? I am concerned that a sale I had going through is being targeted for an escrow scam.
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Hi
This is Steelboy here. I am having issues logging into my account. I am hoping that it has not been targeted like some of the others here.
Can i just check that you have not released the escrow funds.
Obviously I am not expecting you to release to me without proof that I am who i say I am, I can post a copy of the tracking and postage to iCEBREAKER
Thanks
SB
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