xyzzy099
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 Offline
Activity: 1063
Merit: 1048
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May 07, 2024, 12:44:40 PM |
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WTF, Is it believable for a low amount transaction of this fee. 4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.  Hmm. No change address. Weird. I don't think any legit wallet would miss that. ive sent txs setting the fee to be deducted from the sent amount in core. so, the tx goes out with just destination addy. guess it was deliberate? This kind of thing used to happen occasionally because someone tried to spend directly from a paper wallet without transferring the whole amount in the wallet. There is no change address for a paper wallet, so you have to transfer the whole amount in the paper wallet to a 'hot' wallet first if you want to be able to spend some part of it and get your change. |
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ChartBuddy
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 Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 01:01:14 PM |
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  ExplanationChartbuddy thanks talkimg.com |
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birr
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May 07, 2024, 01:13:50 PM |
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bash script halving date predictor #!/bin/bash
echo "today's date: $(date --iso-8601)"
bid=$(curl -s "https://www.bitstamp.net/api/ticker/" | jq -r ".bid")
ask=$(curl -s "https://www.bitstamp.net/api/ticker/" | jq -r ".ask")
#p0 is midmarket price to 2 decimals
P0=$(bc -l <<< "scale=2; ($bid+$ask)/2")
echo "mid-market BTCUSD: "$P0
latestblock=$(wget -q -O - "https://blockchain.info/latestblock" | jq -r ".height")
echo "latest block "$latestblock
t=$(wget -q -O - "https://blockchain.info/latestblock" | jq -r ".time")
echo "timestamp of latest block "$t
#db = differential block
db=$((2*$latestblock-1050000))
#pt = projected timestamp of next halving
pt=$((2*$t-$(wget -q -O - "https://blockchain.info/block-height/$db" | jq -r ".blocks[0].time")))
echo "projected timestamp of next halving "$pt
echo "projected date of next halving"
date -u -d @$pt
#timestamp of block 840000 is 1713571767
dproj=$(bc -l <<< "scale=6; ($pt-1713571767)/86400")
echo "predicted days between halvings "$dproj
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d_eddie
Legendary
Offline
Activity: 2534
Merit: 3118
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WTF, Is it believable for a low amount transaction of this fee. 4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer. Hmm. No change address. Weird. I don't think any legit wallet would miss that. ive sent txs setting the fee to be deducted from the sent amount in core. so, the tx goes out with just destination addy. guess it was deliberate? This kind of thing used to happen occasionally because someone tried to spend directly from a paper wallet without transferring the whole amount in the wallet. There is no change address for a paper wallet, so you have to transfer the whole amount in the paper wallet to a 'hot' wallet first if you want to be able to spend some part of it and get your change. ...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess... |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 02:01:14 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 03:01:17 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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Richy_T
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Activity: 2450
Merit: 2130
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 07, 2024, 03:18:56 PM |
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...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...
Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now. |
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aesma
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May 07, 2024, 03:31:48 PM |
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About inflows into ETFs, maybe look at regular markets ? We got good quarterly reports, so maybe people skimmed off profits and put them into BTC. Or sold in May, go away...into BTC.
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d_eddie
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Activity: 2534
Merit: 3118
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...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...
Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now. Bad practice for privacy reasons? As in "do not reuse addresses", or is there something else too? |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 04:01:14 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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Gachapin
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Activity: 952
Merit: 1921
bitcoin retard
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May 07, 2024, 04:09:46 PM
Last edit: May 07, 2024, 05:55:19 PM by Gachapin |
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...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...
Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now. Bad practice for privacy reasons? As in "do not reuse addresses", or is there something else too? Multiple situations have been found where more than one digital signature can be used to calculate the private key needed to spend bitcoins. Even if you spend all the bitcoins claimed by this private key at once, it is still possible to double-spend them in theft before they confirm. While the known situations for finding the private key from signatures have been fixed, it is not prudent to assume there aren't more such situations yet unknown. https://en.bitcoin.it/wiki/Address_reuseIt will get more risky when quantum computing becomes a thing (in the future) |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 05:01:14 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 06:01:16 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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fillippone
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Activity: 2198
Merit: 15794
Fully fledged Merit Cycler - Golden Feather 22-23
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About inflows into ETFs, maybe look at regular markets ? We got good quarterly reports, so maybe people skimmed off profits and put them into BTC. Or sold in May, go away...into BTC.
I seriously doubt about this. BTC ETF flows have been quite uncorrelated with bitcoin markets, let alone other markets. I would say that flows were driven by some profit-taking after a substantial, in TradFI terms, retracement from ATH. Paper hands selling, basically. |
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 07:01:13 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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Hueristic
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Activity: 3850
Merit: 5015
Doomed to see the future and unable to prevent it
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May 07, 2024, 07:30:42 PM |
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El duderino_
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Activity: 2548
Merit: 12349
BTC + Crossfit, living life.
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May 07, 2024, 07:43:03 PM |
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Price not following…
all of the bullishness yet.
Holding my booze cold.
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2024, 08:01:14 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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AlcoHoDL
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Activity: 2408
Merit: 4322
Addicted to HoDLing!
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How stupid must one be to end up like this? Darwin at work here... One less. (and one less Lambo too...) Keep stackin' guys 'n' gals! |
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JayJuanGee
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Activity: 3752
Merit: 10415
Self-Custody is a right. Say no to"Non-custodial"
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May 07, 2024, 08:22:49 PM |
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A big ironic how they were looking for the guy for a bit of time before locating him.. presumptively finding him in parts. |
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