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Author Topic: [Resolved] 111 BTC AS FEES (don't do raw tx's when you're tired)  (Read 5149 times)
jl2012
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January 10, 2013, 09:38:22 AM
 #21

LOL.

Did you see guys? And that's the way someone, very politely, could launder 101 tainted coins only paying 10 BTC for it.

Just kidding. You were very lucky P2pool or mistery miner didn't get it

AFAIK, mtred also pays tx fee to miners

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jl2012
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January 10, 2013, 04:16:28 PM
 #22


I won't let me send it (it has already seen it) - 2 confirmations now so too late for that attempt:

Block #215936 (BTC Guild) - is there someone on Bitcointalk that is a contact for them?


Does such double spend attempt ever work? As I know, most full nodes see transaction within seconds, and refuse any conflicting incoming transaction. It won't push or relay unless the code is modified.

I only tried double spend once. I sent a low priority tx without enough fee and got no confirmation after 24 hours. I resubmitted with higher fee and then got confirmed. However, you case is the opposite: trying to replace a higher fee tx with a low fee one.

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CIYAM
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January 10, 2013, 04:19:31 PM
 #23

I only tried double spend once. I sent a low priority tx without enough fee and got no confirmation after 24 hours. I resubmitted with higher fee and then got confirmed. However, you case is the opposite: trying to replace a higher fee tx with a low fee one.

Yup - probably a stupid idea also (when you panic - you panic) - am *so* grateful that I lucked upon being mined by a pool such as BTC Guild (my appreciation will never be forgotten - nor my understanding about how "sendrawtransaction" works).

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

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Polvos
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January 10, 2013, 04:37:17 PM
 #24

Or he can "solve" the error trying to prioritize another transaction but with 150 BTC as a fee instead. LOL. That would be insane.

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January 10, 2013, 04:38:56 PM
 #25

I only tried double spend once. I sent a low priority tx without enough fee and got no confirmation after 24 hours. I resubmitted with higher fee and then got confirmed. However, you case is the opposite: trying to replace a higher fee tx with a low fee one.

Yup - probably a stupid idea also (when you panic - you panic) - am *so* grateful that I lucked upon being mined by a pool such as BTC Guild (my appreciation will never be forgotten - nor my understanding about how "sendrawtransaction" works).


You have paid the highest tx fee in USD ( http://blockchain.info/charts/transaction-fees-usd?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= ), and I am sure this record will be broken.

It's better if the Satoshi client has a soft, adjustable upper limit for tx fee. The client will refuse to push if the fee is too high. A default of 0.5BTC is more than enough.

In the not very remote future, when it hits $1400/BTC (100x of today's), you may donate 1 BTC back to them

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January 10, 2013, 04:41:49 PM
 #26

I'm trying to create a raw transaction with the client-qt in windows with the console window, but it doesn't work. I can decode raw transaction, sign it, but not create it.

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January 10, 2013, 06:32:51 PM
 #27

Good guy eleuthria.

I'm glad I'm mining for BTCGuild  Smiley
Same Smiley
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January 10, 2013, 11:09:01 PM
 #28

What a "raw transaction" is I may never know.
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January 10, 2013, 11:37:49 PM
 #29

What a "raw transaction" is I may never know.
It is a transaction in the actual form it exists as it is relayed through the network.  When you use a client (Bitcoin-Qt, Electrum, Multibit, blockchain.info, etc) and create a transaction to send bitcoins, the client lets you enter the necessary information in a format that is easy for humans (destination address, quantity of bitcoins, etc).  Then the client converts this information into a "raw transaction" and sends it to all connected peers.

If you want to create a transaction that you can't using your chosen client (perhaps send a big transaction without a fee?), then you can use any other tool you like to create the proper sequence of bytes to represent your transaction, and then using the appropriate RPC call, push this "raw transaction" out to all connected peers.  In that way you can create transactions that the typical client wallets otherwise wouldn't let you.

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January 11, 2013, 09:29:59 PM
 #30


102 BTC returned in this transaction: http://blockchain.info/tx-index/42579467/4a0fe8cb78b19778a49d171642649c9ee25453ed206894c88b049d0ee7939a0f

I'd highly recommend not creating raw transactions in the future unless absolutely necessary Smiley.  $1,500 is a pretty risky mistake if it didn't land on a known pool wallet/IP.

Nice to see there are honest people out there still  Smiley
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January 11, 2013, 10:32:48 PM
 #31

Dude, you wee lucky enough to hit 5% of the honest BTC arena players. Go get something to drink, this is rare event.. The rest are busy screwing up everything else..

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January 29, 2013, 09:28:15 PM
 #32

About a year ago I started mining on a pool operated by a person I thought was honest. I'm now glad for two reasons:
- he is still honest and proves it every time
- I'm still mining on that same pool

Smiley

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January 30, 2013, 04:15:41 AM
 #33

I made this same mistake recently and lost 0.68BTC to 50BTC as a tx fee.  I'm happy to report that they were nice enough to refund it to me!  I'm glad the operators of some of the bigger pools are actually honest business owners.

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jabetizo
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March 07, 2013, 01:34:42 AM
 #34

looks like it happened to someone again, 94 BTC fee  Undecided

http://blockchain.info/tx/13dffdaef097881acfe9bdb5e6338192242d80161ffec264ee61cf23bc9a1164

meebs
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March 07, 2013, 01:51:05 AM
 #35


ouch. Thats 180 gh/s worth of asics at $40/btc

at least 50+% of the mining network composes of btcguild, ozcoin, slush etc (IE great guys who won't LOL in your face and take your coins)

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CIYAM
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March 07, 2013, 02:00:28 AM
 #36

looks like it happened to someone again, 94 BTC fee  Undecided

Ouch - well I do feel for whoever it was and wonder if they'll come forward to report it (am certainly glad that I did when it happened to me)?

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

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gwillen
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March 07, 2013, 03:08:35 AM
 #37

The fee went to Eligius. Luke-Jr reports that has a deal with his hosting provider, which is apparently MtGox, to share fees; so he has some negotiating to before he can even think about giving this one back. (Also, I don't think anybody's come forward yet...)
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