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Author Topic: need some help with these weird transactions please  (Read 363 times)
messville (OP)
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March 28, 2013, 11:57:48 AM
 #1

Hi Folks,
this is my first post here.

i recently purchased some bitcoin, 3 coins 2 weeks ago and 5 coins 2 days ago.

I received them fine in my wallet (bitcoin qt 0.8.0)

I just sent 0.1 bitcoin to my friends bets of bitcoin account and 0.1 to my bets of bitcoin account.

I checked the blockchain to see how they were going and something weird showed up, here is the link,
https://blockchain.info/address/1KT95osV36cLCzwkCvjkvtQP4vdAegfUuG

my address is the one ending in fuug, as you can see there shows 2 transactions but with 2 receiving addresses in each transaction.
You can see that $9 (0.1 bitcoin)was sent to one address and $441 (4.89 bitcoin) to another in the same transaction and in the other transaction again $9 (0.1 bitcoin) and $261 (2.89 bitcoin) was sent to the other address in that transaction.

I only sent 0.1 bitcoin in each transaction but it shows that $720 was subtracted from my total and sent to these other 2 addresses and that my final balance is $1.73 on the blockchain site, i dont understand whats going on, how can those other addresses receive those dollars from my address but it still says that i have 7.819 bit coin in my wallet ?

am i missing something ?

if anyone could help it would be greatly appreciated.
Thanks.
greyhawk
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March 28, 2013, 12:00:31 PM
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Read up on the concept of "change"

https://en.bitcoin.it/wiki/Change
messville (OP)
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March 28, 2013, 12:14:10 PM
 #3

Thank You for that greyhawk,

so basically it just created new addresses to send back the change.

Man I was worried that my coins got hijacked somehow Smiley

Sorry for the newb questions, still trying to wrap my head around all of this stuff.

Thanks Again,
Much Appreciated.
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