291.2409 BTC for a 0.0001 BTC transaction .

[AGD]

You can clearly see, that this guy dumped his coins in the Gulf of Guinea. They will never be found...

[bittrojan]

It was mined by the BitClub pool. They are seeking to return the money if someone can prove they sent the transaction: http://www.coindesk.com/accidental-136000-bitcoin-mining-pool/

so this is mistake from bitclub pool,its hurt for sure,i can't imagine if that was happen to me,got really panic absolutely.
i wish its not happen many time.

[Red-Apple]

wow, that is so much money.

has anybody came forward with claiming these coins? i mean the person who has sent the transaction should have realized this by now and contact someone. is there any news?

[socks435]

I cant believe it its impossible that the fee is 291 btc impossible ... whats happening on this transaction i dont really understand whats happeing you are just sending 0.0001 sat and the fee is 291.. i think its just wrong program fails i cant believe it ..
And i think he sending 291 instead a 10 sat. then the blockchain are recognize it wrong result or reverse result..

[Jezreel]

https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d


 

Amazing Bitcoin Transaction  I've ever seen

[Gwapo]

You can clearly see, that this guy dumped his coins in the Gulf of Guinea. They will never be found...

Thats not him dumping the coin from Gulf of Guinea. Thats he IP location of the node which accepted the transaction first. Although it is clear that BTC Club has mined the block but I doubt they will return it to him. Humanity is losing its glory day by day.

[mookid]

They will return the money, but only if someone can sign a message using the affected address.

[bitbollo]

Or it is something no one thought of before: a perfect marketing strategy......like they post everywhere that they will return the funds and now everybody knows about them. In reality they sent the fee to themselves and will return it to themselves in some days. That's free advertising.

this is a nice theory but even they take a big risk if can't reverse such tx or take an advantage from mining... then become a bad form of advertising... and also not cheap

They will return the money, but only if someone can sign a message using the affected address.

OT Nice avatar!

[AGD]

You can clearly see, that this guy dumped his coins in the Gulf of Guinea. They will never be found...

Thats not him dumping the coin from Gulf of Guinea. Thats he IP location of the node which accepted the transaction first. Although it is clear that BTC Club has mined the block but I doubt they will return it to him. Humanity is losing its glory day by day.

If you zoom into the image you will find a surprise:

[voztata]

So there are a bunch of deposits to that Bitcoin address starting from today totaling 291.241 BTC and then suddenly the last transaction is for 0.001 and 291.2409 in fees. Can somebody explain what is happening here because I am speechless. Was it human error or a deliberate transaction? I can't figure out what the reason behind that may be  

#1 human error (unlikely)
#2 some script messed up
#3 just a miner having fun fusing inputs

For me it seems a definite human error. I guess the sender interchanged the 'amount to send' with 'fees' field to mistype. It must be a lesson how careful we must be while transacting with our money always.
Also I too want to hear, the news of the bitcoin will be returned to the sender.

[DeathAngel]

Omg this guy is an idiot. I wish I had that many bitcoin's, if I did I certainly wouldn't be so stupid with them. I hope the sender gets them back but I doubt it.

[tangleNinja]

Omg this guy is an idiot. I wish I had that many bitcoin's, if I did I certainly wouldn't be so stupid with them. I hope the sender gets them back but I doubt it.

This guy is super smart, 2 words: money laundering, I am pretty sure the right guy got thoose fees.

[pawel7777]

Omg this guy is an idiot. I wish I had that many bitcoin's, if I did I certainly wouldn't be so stupid with them. I hope the sender gets them back but I doubt it.

This guy is super smart, 2 words: money laundering, I am pretty sure the right guy got thoose fees.

Fees are supposed to be divided among all the miners (or investors?) of BitClub pool, so it'd be a very lousy money laundering if you had to share most of it with others. On top of that BitClub announced that if the fee is not claimed, they will donate large part of it to support Bitcoin development.

[sgravina]

Omg this guy is an idiot. I wish I had that many bitcoin's, if I did I certainly wouldn't be so stupid with them. I hope the sender gets them back but I doubt it.

This guy is super smart, 2 words: money laundering, I am pretty sure the right guy got thoose fees.

If this is money laundering then how did it work.  Here is how to launder money.  You give me 300 bitcoins.  I tell the IRS that I made those bitcoins selling lemonade.  I give you back 280 bitcoins that I made selling lemonade and tell the government that you sold me lemons.  The key to money laundering is a believable lemonade business and lies.

Where are the believable income stream in this big fee laundry?  The bitcoins don't look the least bit washed.

[pawel7777]

Omg this guy is an idiot. I wish I had that many bitcoin's, if I did I certainly wouldn't be so stupid with them. I hope the sender gets them back but I doubt it.

This guy is super smart, 2 words: money laundering, I am pretty sure the right guy got thoose fees.

If this is money laundering then how did it work.  Here is how to launder money.  You give me 300 bitcoins.  I tell the IRS that I made those bitcoins selling lemonade.  I give you back 280 bitcoins that I made selling lemonade and tell the government that you sold me lemons.  The key to money laundering is a believable lemonade business and lies.

Where are the believable income stream in this big fee laundry?  The bitcoins don't look the least bit washed.

Mining farm > lemonade business

You earned that fee fair and square. You even agreed to return it as a good gesture, but no one claimed it. No it's yours, you pay tax on that profit and enjoy spending. Much better than lemonade business, you don't have to fake any invoices to prove that there were actual lemons involved.

Only works if operator of mining farm or pool is entitled to keep the entire fee or significant portion of it (doesn't have to share with other miners).

[btccashacc]

It was mined by the BitClub pool. They are seeking to return the money if someone can prove they sent the transaction: http://www.coindesk.com/accidental-136000-bitcoin-mining-pool/

omg i wish i'am the owner of that address, but the thing that i was wondering is, how could they made this mistake, i mean what kind of wallet they used it, it's very crazy 291.2409 BTC for fee,
are you kidding??

[tmfp]

It appears that BitClub has the bitcoins, but how are they able to give it back?
Is the fee not divided for the miners and they already have withdrawn?
...

Good question. I guess they could return it if:

1) they mined it with their own hardware and not as a pool
2) pool members are not entitled to tx fees

Otherwise it would be ethically questionable whether they have a right to return the funds without asking their customers first (as they would be entitled to their portion of that fee).

A more general question, where does the fee actually goes when I make a transaction, to the miner right? Then how is it possible to return the btc to the owner? Are the miner their account freezed and then the take back the fee and pay the owner?

Fees go to the miner. In case of the pool, it depends on operator whether mined bitcoins (and fees) are instantly distributed among members (and available for withdrawal) or not.

BitClubPool's biggest miner is BitClub Network, the MLM "passive income" scheme, but it has a few others. The deal is zero fees and BCP keep the tx fees.
As BitClub Network says

This gives us an opportunity to prove we are one of the good guys in this industry and despite the stigma of being an MLM

[chek2fire]

i have read that this maybe a bot problem from a bitcoin mixer or something like that.

[Holliday]

It's just a way to launder coins.

I do think that "coin melting" is a way to attempt to obscure a coin's history, but I seriously doubt that any pool would risk such a large amount (besides the fact that sums this large aren't exactly "under the radar"). AFAIK, if their block is orphaned (for whatever reason), another miner can include this transaction in their block and, should they find the next block, get the fee.

[ShowOff]

It was mined by the BitClub pool. They are seeking to return the money if someone can prove they sent the transaction: http://www.coindesk.com/accidental-136000-bitcoin-mining-pool/

omg i wish i'am the owner of that address, but the thing that i was wondering is, how could they made this mistake, i mean what kind of wallet they used it, it's very crazy 291.2409 BTC for fee,
are you kidding??

that what make me curious , what wallet that the owner use so he can wrong input between fee and balance that the owner want to transfer ,
hope the owner can get it back