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Author Topic: Ghost transaction after moving funds  (Read 332 times)
Vidale
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February 08, 2017, 10:39:22 AM
 #1

Not sure what else to call this, but here's my situation.

I installed Electrum wallet to move over some of my BTC funds for the byteball airdrop. Everything's fine and dandy until I realise I receive funds on several addresses so Byteball won't recognise them all. I moved over 0.04 btc between two addresses as a test, and now there's this.

https://blockchain.info/address/1LEx8JeLFSWxcrEbpFKLvpHPSSkYHzB8Sh

What on earth is that 9.95 BTC transaction to an unknown address doing there? That was the full amount I had on there, but I only sent 0.04 btc. There is no record of the 9.95 transaction in my Electrum wallet history either. It still shows me as having it (but not on what address).

So what's up, are my funds safe? It's shit like this that makes me just want to keep it all on exchanges and Coinbase. I'm done ''being my own bank''.
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Undermood
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February 08, 2017, 11:10:02 AM
 #2

Not sure what else to call this, but here's my situation.

I installed Electrum wallet to move over some of my BTC funds for the byteball airdrop. Everything's fine and dandy until I realise I receive funds on several addresses so Byteball won't recognise them all. I moved over 0.04 btc between two addresses as a test, and now there's this.

https://blockchain.info/address/1LEx8JeLFSWxcrEbpFKLvpHPSSkYHzB8Sh

What on earth is that 9.95 BTC transaction to an unknown address doing there? That was the full amount I had on there, but I only sent 0.04 btc. There is no record of the 9.95 transaction in my Electrum wallet history either. It still shows me as having it (but not on what address). The only ''unconfirmed'' transaction is the fee. See the image below.

http://imgur.com/mvT5cR7

So what's up, are my funds safe? It's shit like this that makes me just want to keep it all on exchanges and Coinbase. I'm done ''being my own bank''.
You pay not enough fees so the transaction get stuck. Once the tx gets confirmed ,the 9.95BTC will be shown on https://blockchain.info/address/12Rr2JcJXYGGpQMKMawJ9zRL75p9yeW14K.

Boosted this tx for you at https://www.viabtc.com/tools/txaccelerator/ viabtc pool will include this tx soon.

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Vidale
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February 08, 2017, 11:36:20 AM
 #3

Thanks, but my question is why the 9.95 was sent in the first place. I only authorised a payment of 0.04 btc between two addresses.

Edit: I found the 9.95 I sent to myself. Apparently it's now in a ''change address''. Bit confusing, but I'll not even try to bother understand. Case closed!
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February 08, 2017, 02:49:05 PM
 #4

Thanks, but my question is why the 9.95 was sent in the first place. I only authorised a payment of 0.04 btc between two addresses.

Edit: I found the 9.95 I sent to myself. Apparently it's now in a ''change address''. Bit confusing, but I'll not even try to bother understand. Case closed!

When you have an input with 10 btc and you only send 0.04, it has to break up the 10 btc input into your send of 0.04 and the remaining balance less the fee is sent to a change address. By default, it sends the change to a new address to help improve privacy a bit, but this can be configured in the options I believe if you wish for the change to go back to the same address.
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February 11, 2017, 03:25:50 AM
 #5

Thanks, but my question is why the 9.95 was sent in the first place. I only authorised a payment of 0.04 btc between two addresses.

Edit: I found the 9.95 I sent to myself. Apparently it's now in a ''change address''. Bit confusing, but I'll not even try to bother understand. Case closed!

When you have an input with 10 btc and you only send 0.04, it has to break up the 10 btc input into your send of 0.04 and the remaining balance less the fee is sent to a change address. By default, it sends the change to a new address to help improve privacy a bit, but this can be configured in the options I believe if you wish for the change to go back to the same address.
yes, exactly! Like Chinese  three top Bitcoin exchanges don't allow btc withdrawal atm! If you still have btc there, you will be headache.
In another way you have many btc, you need to learn its concept and security measures to keep them safe otherwise one day they may be lost like today.

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cpfreeplz
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February 11, 2017, 03:40:49 AM
 #6

Thanks, but my question is why the 9.95 was sent in the first place. I only authorised a payment of 0.04 btc between two addresses.

Edit: I found the 9.95 I sent to myself. Apparently it's now in a ''change address''. Bit confusing, but I'll not even try to bother understand. Case closed!

When you send bitcoins your funds are split up into the address you're sending the funds to and the rest go to your change address. This way you don't keep using the same address over and over again and you don't have to pay a fee to move them to a new address which is what bitcoin protocol wants you to do.

If you are sending 0.04, have 9.95 left and a 0.01 fee then the 9.95 will go into a new change address if you are using an HD wallet. If you're using a single wallet essentially what you're doing is giving someone a 10 bitcoin bill, it only costs a nickel so you get the 9.95 back.
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February 11, 2017, 06:32:41 AM
 #7

Edit: I found the 9.95 I sent to myself. Apparently it's now in a ''change address''. Bit confusing, but I'll not even try to bother understand. Case closed!
See Change addresses for more information about why this happens.

If you do not want to use change addresses when using Electrum (this will hurt your privacy, and is generally not a good idea), then go to Tools --> Electrum Preferences --> uncheck Use Change addresses --> Close

3PjXm2XYDKLV5mN3oiKzNTyVvSkqP3ujeq <-- tipping address Advertise here
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