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Author Topic: 15btc transaction fee, big mistake  (Read 12632 times)
jayhawk1
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March 16, 2016, 01:31:11 PM
 #201

a very big mistake, it's almost worth $6000 of value lost in this transaction, People should be more careful when conducting transactions of this value.
Dormund
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March 16, 2016, 03:43:47 PM
 #202

I just can't believe someone inserted a wrong number in the fees field, Huge fees and can't be intentional IMO.

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Blackmet
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March 16, 2016, 05:53:57 PM
 #203

Now i will be so attentive when i am doing a transaction. Really? Shocked ~6000$
Will chek twice next time.

btcltccoins
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March 16, 2016, 06:13:19 PM
 #204

oh my god !! that a high fee. Does anyone has chart of fees on how much fee is deducted on particular amount of transaction. Miners will be happy with that, after all they also need a reward for doing this hard work of mining.
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March 16, 2016, 06:26:44 PM
 #205

I'm rather surprised someone that has that much made a mistake like that, even with brain wallets sending the remaining balance as fees that would be awful mistake not knowing about the wallet you are using... few thousands dollars more for the miners for free.
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March 17, 2016, 05:02:51 PM
 #206

That's just annoying to look at, $6000 For the miners for free and an expensive mistake, People should be careful with amounts of money like these.
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March 17, 2016, 05:24:16 PM
 #207

Which wallets offer this or how do I protect myself from unloading my savings in a transfer?
Checked the wallets I use and all pretty much have protection from this.

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March 17, 2016, 05:32:25 PM
 #208

Which wallets offer this or how do I protect myself from unloading my savings in a transfer?
Checked the wallets I use and all pretty much have protection from this.

no wallet should do this unless you modify a wallet's source code and made a mistake.
and this could also happen because of the sender forgot to add an output while making a raw transaction manually.
18xk5oT2rLrAc24SL96XT14BX
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May 06, 2016, 06:29:22 PM
 #209

.Is there any imaginable way to reverse that transaction or remedy it in anyway?  Could it have been on purpose?  Some ledger manipulation thing or something, or was just fat fingered?
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May 06, 2016, 09:01:26 PM
 #210

.Is there any imaginable way to reverse that transaction or remedy it in anyway?  Could it have been on purpose?  Some ledger manipulation thing or something, or was just fat fingered?

You can't reverse a confirmed transaction. All they can do is contact the miner/mining pool, prove their identity by signing a message with the sending key, and ask pretty-please-can-I-have-my-bitcoin-back? There have been some major cases where that has been done (kudos to the miners!), but it gets more tiresome every time this happens and I can understand if they draw the line somewhere.

I'll say it AGAIN - the authors of wallets need to hardcode limits on the transaction fees to flatly prevent someone from accidently plugging in an absurdly high fee. If someone ever does want to send something with a huge fee let them use a custom wallet or tool to do it. The rest of us don't need the "ability" to send a transaction with a fee of higher than, say, 0.1 BTC.

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Syke
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May 06, 2016, 09:58:44 PM
 #211

And the protocol should protect people when the sending app fails to do so.

No, it should not.

Buy & Hold
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May 06, 2016, 10:08:36 PM
 #212

That's not very encouraging. 15 btc overpay now... What's to stop a 150 BTC overpay happening later. 1500 BTC? Could change everything.

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May 06, 2016, 11:59:27 PM
 #213

That's not very encouraging. 15 btc overpay now... What's to stop a 150 BTC overpay happening later. 1500 BTC? Could change everything.

There was a 291 BTC payment to send .0001 BTC just a little over a week ago. Last I heard the miners were looking for the sender to refund the money, but no one had come forward. There was an article on Coindesk about it, and someone noticed the transaction and started a thread here about it.

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bugsywugsy
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May 07, 2016, 03:10:27 AM
 #214

That's not very encouraging. 15 btc overpay now... What's to stop a 150 BTC overpay happening later. 1500 BTC? Could change everything.

There was a 291 BTC payment to send .0001 BTC just a little over a week ago. Last I heard the miners were looking for the sender to refund the money, but no one had come forward. There was an article on Coindesk about it, and someone noticed the transaction and started a thread here about it.

If no one has come forward, maybe it was crime related. IDK, can't imagine anyone brushing off 291 BTC. Who sends .0001 when you have that much anyway? Might have been an exploit/intentional.

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May 07, 2016, 03:26:12 AM
 #215

Now i will be so attentive when i am doing a transaction. Really? Shocked ~6000$
Will chek twice next time.
it was not a problem for me because I have not bitcoin too big in my wallet So even if the fee of it. I could not afford or may be insufficent funds Lol
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May 07, 2016, 03:27:43 AM
 #216

And the protocol should protect people when the sending app fails to do so.

No, it should not.

not the protocol but the wallets for common people should.

Unless it was somehow intentional, but I can't think about a reason for someone send 15 BTC txt fee by mistake
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May 07, 2016, 04:06:42 AM
 #217

Thats a too high fee
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May 07, 2016, 04:29:18 AM
 #218

The fees so high if im the sender of that bitcoin i would not using anymore in the site that he/she using. What is her/his bitcoin wallet site? I need to change my wallet so that it will never happen to me. This is Error of site or not? How about he refund hes bitcoin is that possible?

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May 07, 2016, 04:51:32 AM
 #219

it was very large, and why is it always exceeds the number of shipments, as was the case previously only sent 0.0001 with fee of about 291BTC

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May 07, 2016, 06:54:23 AM
 #220

aww,its hurts,another mistake from pool?is this third transaction that have big fee and bigger than amount transacted?
someone siad this is not first time and not last time,i will wait for another mistakes,i wish not happen to me Grin

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