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Author Topic: 291.2409 BTC for a 0.0001 BTC transaction .  (Read 9799 times)
DimensionZ
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May 13, 2016, 12:42:44 PM
 #161

I would guess BitClub decided to donate one half of the bounty to the Bitcoin Foundation to appease the Bitcoin community so as to not start an uprising against them and the other half they will keep to themselves. Maybe BitClub will spread some 45 Bitcoins among their shareholders and the remaining 100 coins will go to the owners' personal Bitcoin wallet  Wink

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May 13, 2016, 01:55:06 PM
 #162

There are no ways to stop this from happening other than being sober when you are doing bitcoin transactions. I just fail to see how anyone would send this retarded amount of BTC for fees unless you are really high on some serious shit. It's your responsibility to send the correct fee, not the miner's to give this fee back to you.
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May 13, 2016, 02:12:27 PM
 #163

There are no ways to stop this from happening other than being sober when you are doing bitcoin transactions. I just fail to see how anyone would send this retarded amount of BTC for fees unless you are really high on some serious shit. It's your responsibility to send the correct fee, not the miner's to give this fee back to you.
There are now many people that is going to use Bitcoin because they see the advantage of it so that is nice for the Bitcoin because it will also works well.
And banks hate Bitcoin because the transaction cost of the Bitcoin is really low and that is perfect for the people that is already using Bitcoin.

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May 13, 2016, 02:15:16 PM
 #164

Why pay more if you can pay less. It is nice transfer fee - but honestly speaking I will pay more transfer fee.  Grin
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May 13, 2016, 02:59:52 PM
 #165


But if I recall correctly, BitClub said they'll share a portion of that fee with their customers (those who purchased cloud mining with them).

You don't recall correctly.

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May 13, 2016, 04:00:54 PM
 #166

I would guess BitClub decided to donate one half of the bounty to the Bitcoin Foundation to appease the Bitcoin community so as to not start an uprising against them and the other half they will keep to themselves. Maybe BitClub will spread some 45 Bitcoins among their shareholders and the remaining 100 coins will go to the owners' personal Bitcoin wallet  Wink
Wouldn't that mean that BitClub is now claiming the bitcoins, with their acts as it wouldn't be easy to retrieve back the bitcoins that were given away, even though there is still a chance that the 'real' owner of the coins would ask to get it back? It's going to be a huge blow on their pool's reputation I guess.

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May 13, 2016, 04:09:55 PM
 #167


giving bribes so they can keep some good amount of bitcoins to themselves without complains?

They should wait some more time at least
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May 13, 2016, 08:59:10 PM
 #168


giving bribes so they can keep some good amount of bitcoins to themselves without complains?

They should wait some more time at least

What? They could say straight away "sorry, but we're keeping it". It was only their good gesture to offer the refund, but nobody claimed it.

And you made it sound like Bitcoin Foundation is some sort of authority resolving bitcoin disputes. They're not and never were.

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May 13, 2016, 10:43:03 PM
 #169

They didn't have to give it back, to be fair, so I appreciate this gesture. With that being said, I can think of a million other organizations that could have used that value for a much better cause. But, at least it will do some good, hopefully.
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May 15, 2016, 09:12:31 PM
 #170

They didn't have to give it back, to be fair, so I appreciate this gesture. With that being said, I can think of a million other organizations that could have used that value for a much better cause. But, at least it will do some good, hopefully.

Yeah, I'm not sure if the bitcoin foundation can gain the trust back it had... before they waisted it. I would have taken my lifetime membership fee back when I could have done. Cheesy

I think they refunded because they have a business to run and they rely on customers. I guess at least a big part of their users might have gone elsewhere if they would have shown no honesty.

What I don't understand is why no one claimed that loss. Was it bad money or something?

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May 31, 2016, 08:21:21 AM
 #171

The transaction cost of Bitcoin is really low and that is because also that there are not that many people are using it and the banks also hate it because now more people are using Bitcoin and that is perfect. The transaction time is also faster than your banks so that is also nice for Bitcoin, you see that Bitcoin will be the future money.
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June 11, 2016, 11:42:25 AM
 #172

why they make a donation? there was anyone that claim this btc?
and the rest of the wrong txs now where are?
who is the owner?
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June 11, 2016, 11:46:11 AM
 #173

That's a very nice transaction. Hasn't happened to me in the past, I've always been very careful when both sending and receiving Bitcoin to the correct addresses. There should, however, be protection implemented in Bitcoin clients to protect people against such mistakes.
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June 11, 2016, 12:03:15 PM
 #174

This is the first time I saw an error in the blocks. Just wow! What the hell happened? Lol.
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June 11, 2016, 12:11:04 PM
 #175

Wow, That's amazing. 291.2409 BTC only for 0.0001 BTC transaction?What happens with a block at that time. I'm speechless to see that.Blockchain is confused at that time. Cheesy

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June 11, 2016, 12:12:01 PM
 #176

This is the first time I saw an error in the blocks. Just wow! What the hell happened? Lol.

Wow, That's amazing. 291.2409 BTC only for 0.0001 BTC transaction?What happens with a block at that time. I'm speechless to see that.Blockchain is confused at that time. Cheesy

What happens with a block at that time
What the hell happened?

Just read firsts pages of topic and not spam your post sirs Smiley
I think that without any signature in your footer you never reply here Wink
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June 11, 2016, 12:13:15 PM
 #177

This is the first time I saw an error in the blocks. Just wow! What the hell happened? Lol.
This is not any error.... as long as I understand, this is just yet another case of some guy making a big mistake when trying to make a transaction, the mistake being that you send a ridiculously high fee. I don't understand how ended up paying 291 tho, the comma is way off.
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June 11, 2016, 03:52:46 PM
 #178

This is the first time I saw an error in the blocks. Just wow! What the hell happened? Lol.
I think that was intentionally, the sender set the miner fee with 291BTC IMHO
You are not just lucky to mine that fee, you can have a long vacation in any big countries you choose.
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June 12, 2016, 04:50:13 PM
 #179

A transaction fee of 291.2409 Bitcoins is not nothing.
But it may be that this is a gift for miners or something like that.
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June 18, 2016, 03:20:47 PM
 #180


lol that fee tho. I think it's an a script error or maybe human error, we don't know, hahaha. let's just wait for a person askin about this one.
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