sahliano
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Activity: 98
Merit: 10
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December 28, 2015, 08:52:47 PM |
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why wasting all that on txs he could just donate it to some organisation better then to go to mining companys miners are not just relying on him to do this
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1Referee (OP)
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Activity: 2170
Merit: 1427
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December 29, 2015, 12:51:38 AM |
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As @franky1 suggests it is most likely a mistake with creating a "raw transaction" (it seems fairly obvious that the tx creator forgot to add a "change output"). Compared to the mistake that I made in 2013 (with a fee of over 100 BTC) it really isn't so bad. https://bitcointalk.org/index.php?topic=135665And the huge tx fee that I accidentally paid is not the highest on record (I forget exactly what the record is but it is well over 100). I just read that thread, glad you got your coins back, back then. BTCGuild owner eleuthria is a great guy. I still can't believe it. 111BTC fee. http://blockr.io/tx/info/098b3a9faeb2c6e5dc42878b9d0a1106d4aafce72c85d0eab54c384652e0bdbcAt current rate it translates to $46,600 while back then it was just worth $1,500. Which means a price of $13.5 per coin.
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btckold24
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★Bitvest.io★ Play Plinko or Invest!
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December 29, 2015, 01:10:45 AM |
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He may of been fishing for 'fame' like some posters above stated but...
why be famous for being a money wasting moron and everyone thinks you made a mistake lol
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ranochigo
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Activity: 3038
Merit: 4420
Crypto Swap Exchange
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December 29, 2015, 01:45:03 AM |
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he scammed someone maybe and want high priority for the transfer? this thing happned with the hacker on bitstamp, i remember the hacker payed 1 btc for the fee
But it's not Bitstamp. Bitstamp can detect the unauthorised TX fairly easily with the infrastructure and hence 1BTC would make any miner happy. No one in the right mind would immediately pay up to 1 BTC as a transaction fee just to prevent any double spend. Judging by how both TXes only have one output. It would be possible that the client made an error and forgot to include any change address and thus the amount not redeemed is the miner fee. It's an expensive error. is not for preventing double spend, it was for sending the funds asap , the hacked at that time did it for taht reason on bitstamp Why would they want the funds ASAP? They need at least a confirmation to try to stop Bitstamp from double spending it. If they don't, Bitstamp can easily double spend it by asking a few miners to mine their TX and move it elsewhere. it's not so easy for bitstamp to doublespend by asking miners, you say it like it's somethign they can do at will the hacker wanted to get the funds asap to avoid the account being locked from bitstamp, supposedly It is. As long as a miner is willing to help, they can include Bitstamp's TX. No. AFAIK, bitstamp does not allow any TX fee adjustments. The hacker got in control of the wallet.dat and password[1]. At this point, both parties have the private key and hence they need to prevent each other from getting the confirmed TX. [1] http://www.coindesk.com/unconfirmed-report-5-million-bitstamp-bitcoin-exchange/
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Odien
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December 29, 2015, 01:46:46 AM |
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That's just crazy.... Why would anyone do that? They're better off transferring money using PP or WU
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Moneyburner
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December 29, 2015, 02:56:11 AM |
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Sounds like it was someone who really needed the money moved quick, probably for illegal reasons people mentioned above
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langedwig
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December 29, 2015, 03:04:47 AM |
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Mostly a big mistake of the sender
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nichu
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December 29, 2015, 03:08:33 AM |
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its not that someone is super rich or show boating to send those coins with huge trans fee, it was a simple mistake. was trying to get the hang out of it..it comes down to the point that everyone should know what trans fees you are shelling out with each transactions rather than having a blind eye on the default fees
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davinchi
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December 29, 2015, 03:53:53 AM |
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Mostly a big mistake of the sender
May be a mistake. But I smell any possible hacking. When the bitstamp's hot wallet was compromised, the hacker paid 1 full BTC to make his transaction to get picked by the new block against the bitsatmp owner's transactions. That kind of situation may be behind in this high fee also.
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johnyj
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Activity: 1988
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Beyond Imagination
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December 29, 2015, 11:30:34 PM |
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I remember during early days when Satoshi was testing transactions, he would include 50 BTC as fee, and because he was the only miner, he would receive those fee back into his wallet
Similarly, these might be miner constructed transactions to test some function, and since they are included in his own mined block, he does not lose anything
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Ains_sama
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December 29, 2015, 11:32:01 PM |
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So who will get the of bitcoon fee..?
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Omikifuse
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Merit: 1009
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December 29, 2015, 11:41:38 PM |
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Of course was a mistake, there are topics here about people that sent high fees by mistake.
And the fee will go to whoever mines the block.
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Cyaren
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December 29, 2015, 11:45:51 PM |
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Of course was a mistake, there are topics here about people that sent high fees by mistake.
And the fee will go to whoever mines the block.
A costly mistake to make, huh. That guy must be high.
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calkob
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December 29, 2015, 11:57:59 PM |
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what a terrible mistake, i would be gutted with that...........
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johnyj
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Activity: 1988
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Beyond Imagination
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December 30, 2015, 12:16:48 AM |
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So who will get the of bitcoon fee..? Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction
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LAMarcellus
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December 30, 2015, 12:52:00 AM |
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A gift to the "Bitcoin Community" paid in the spirit of gratuity for the extreme savings realized.
Zerohedge had a recent article about moving money out of China. Of 63million Yuan sent, only 8 million arrived outside China. With Bitcoin, 100% arrived. Who to tip??
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The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
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ACAB
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December 30, 2015, 02:23:24 AM |
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So who will get the of bitcoon fee..? Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction That's exactly what I've said in previous page. From right pocket to left pocket. They use this system sometimes. Miners get fees, so miners can do these type of things.
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mixan
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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
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December 30, 2015, 04:25:18 AM |
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So who will get the of bitcoon fee..? It was a Christmas gift to the miners that will eventually trickle down to the bitcoin community. Tis the season of giving Mistakes can happen but I doubt that was one of them. He is santa to someone most definitely
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The parasite hates three things: free markets, free will, and free men.
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macbook-air
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December 30, 2015, 05:30:54 AM |
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So who will get the of bitcoon fee..? Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction No. They are not our transactions.
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yoona
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Live by your own rules
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December 30, 2015, 05:59:17 AM |
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What is really happening? I'm not sure this is often the case, and why users still want to do a transaction if he knows it will be a fee for it? This may be a very rare error, but still I am worried this will often happen, I can not imagine a transaction fee by almost 30%
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