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Author Topic: I tried sending with zero fees, lesson learned!  (Read 2004 times)
kravits88
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September 18, 2013, 01:28:08 AM
 #21

Always pretty quick for me.
Didn't know about smaller transactions taking longer.
I would be concerned hacking it to make the transaction faster.
I never need my bitcoin instantly anyway.
nahtnam
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September 18, 2013, 04:46:21 AM
 #22

I always use 0.0005,but the good thing is that coinbase pays that for me!

ratty (OP)
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September 18, 2013, 05:10:13 AM
 #23

Wow, people waiting for 2 weeks, thats crazy! Its got to time out eventually doesn't it? Is there any horror stories of a transaction being stuck for months with no way to make it stop looping between peers?

Coinbase pays the transaction fees? That is really cool of them. I love coinbase for buying and selling coins, but I would not want to use them for a wallet. They don't let you have the private keys, so if they disappear, I can't get at my coins. To me the exciting thing about bitcoin is that you can be your own bank, so I'm not just going to be OK with an online wallet that doesn't let me stay in control. If they are concerned with people scamming them by selling coins, then simultaneously transferring the funds into another address, all they would have to do is make it wait to verify the coins are transferred before giving you USD.
I love blockchain.info the best as far as online wallets go.
Oh dang, I'm getting really off topic, sorry about that.
sasuke234
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September 18, 2013, 06:18:42 AM
 #24

yup never send without fee
zendantom
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September 18, 2013, 07:01:37 AM
 #25

I have still some transactions stuck for 3 weeks Sad

 Shocked  Do you even expect these gets included in a block later ?

nahtnam
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September 18, 2013, 03:08:24 PM
 #26

Wow, people waiting for 2 weeks, thats crazy! Its got to time out eventually doesn't it? Is there any horror stories of a transaction being stuck for months with no way to make it stop looping between peers?

Coinbase pays the transaction fees? That is really cool of them. I love coinbase for buying and selling coins, but I would not want to use them for a wallet. They don't let you have the private keys, so if they disappear, I can't get at my coins. To me the exciting thing about bitcoin is that you can be your own bank, so I'm not just going to be OK with an online wallet that doesn't let me stay in control. If they are concerned with people scamming them by selling coins, then simultaneously transferring the funds into another address, all they would have to do is make it wait to verify the coins are transferred before giving you USD.
I love blockchain.info the best as far as online wallets go.
Oh dang, I'm getting really off topic, sorry about that.

Coinbase does allow you to import/export private keys, its just "hidden"... If you go under Paper Wallets, I believe you can import and export keys...

Steve1981
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September 18, 2013, 08:39:55 PM
 #27

A zero-fee transaction will still get confirmed, although it may take a day or so.
How long a zero-fee transactions will be working in future?
I heard that when fee for finding block will be too low, miners will be earn money form transactions.
brotz
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September 18, 2013, 08:50:58 PM
 #28

I always send without fee.
No problem.

http://blockchain.info/tx/9d9a02da6ef3ffd8eb7ad9dfe5c2de59dfae0f9cd936fad296a4a985aaf21cbe
nahtnam
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September 18, 2013, 11:01:08 PM
 #29


Same here... When I used blockchain a while ago, 0 fees didn't take too long... Now I just use coinbase to get everything confirmed really fast, and still not pay a penny!

hoewer4what
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September 18, 2013, 11:05:16 PM
 #30


Same here... When I used blockchain a while ago, 0 fees didn't take too long... Now I just use coinbase to get everything confirmed really fast, and still not pay a penny!

It works for bigger sums like 1BTC, but not for micropayments  Smiley
ratty (OP)
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September 19, 2013, 01:16:59 AM
 #31

Coinbase does allow you to import/export private keys, its just "hidden"... If you go under Paper Wallets, I believe you can import and export keys...

I couldn't find the option, I clicked on every menu. What menu is it under?
But I found this:
http://support.coinbase.com/customer/portal/questions/695389-backup
http://blog.coinbase.com/post/33197656699/coinbase-now-storing-87-of-customer-funds-offline
Unless that is out of date, they don't just leave the funds in any of the addresses you see in your account, so it would be futile to try getting the private keys of any of your addresses anyway. I can see advantages to doing it that way, but you have to trust coinbase like you would a bank, and I'd prefer to be responsible for my own coins. They are by far the best for buying and selling bitcoins, but I will always send my coins to one of my own wallets right after.
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