chegmarco (OP)
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May 02, 2017, 10:20:02 AM |
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Hello. I asked a question yesterday which remained in a good answer. By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
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BeManga
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May 02, 2017, 10:25:56 AM |
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Hello. I asked a question yesterday which remained in a good answer. By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
i think there no limit in how many bitcoin you can send as long as you can pay the fee and you have the bitcoin
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izanagi narukami
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May 02, 2017, 10:38:11 AM |
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Hello. I asked a question yesterday which remained in a good answer. By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
It's possible if you're in year 2010 ! https://bitcointalk.org/index.php?topic=137.0Purchase pizza for 10.000 btc may be the best food purchase on bitcoin history You still able to transfer 10.000 btc ( $ 15,050,000 ) if you want to buy many island
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iqlimasyadiqa
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May 02, 2017, 10:44:42 AM |
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There is no limit in sending bitcoin. We can do various kinds of transactions in accordance with our wishes. Bitcoin gives you something like this. We are free to do anything, compare try with other media that have many limitations.
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LTU_btc
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May 02, 2017, 11:29:00 AM |
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These who are saying that there are no limit for amount of bitcoins that you can send, is lying. You can't send more than ~ 16 305 238 bitcoins (total amount of bitcoins mined until now). You can send only less than that amount, because you would need to pay huge fee. Offcourse, this is only theorical things. Offcourse it's posdible to send 5000 or 10000 bitcoins in single transaction. But I'm sute that fee for such transaction would be huge.
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BitcoinHodler
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May 02, 2017, 11:31:07 AM |
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sometimes doing a quick google search does wonders. give it a try.
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Holding Bitcoin More Every Day
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spartacusrex
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May 02, 2017, 11:35:46 AM |
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21,000,000.. max
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Life is Code.
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davis196
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May 02, 2017, 11:58:29 AM |
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21,000,000.. max
This is the only correct answer that i see. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Interesting question,i`ve never thought about this before. There are no limitations in the blockchain,but i`m sure that all the exchange platforms will create more and more transaction limits in the future.
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BitcoinHodler
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May 02, 2017, 12:05:36 PM Last edit: May 02, 2017, 12:29:38 PM by BitcoinHodler |
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21,000,000.. max
This is the only correct answer that i see. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) haha, that is actually not technically correct ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) first of all is the fact that we can never mine all the 21 million coins because reward is halved so it will never actually reach zero. apparently it goes to zero after block 6930000. thanks BurtW secondly is taking all the lost coins into consideration, a lot are burned by being sent to burn addresses, a lot are lost because someone forgot the private keys. third if we ignore all the second step, there is 1 satoshi from missing from all the mining rewards thanks to a miner who intentionally got underpaid 1 satoshi less as an honor to satoshi missing. so even if all the coins are mined the total number will be 21 million minus 1 satoshi.
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Holding Bitcoin More Every Day
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vasrasus
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May 02, 2017, 12:13:50 PM |
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21,000,000.. max
This is the only correct answer that i see. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) haha, that is actually not technically correct ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) first of all is the fact that we can never mine all the 21 million coins because reward is halved so it will never actually reach zero. secondly is taking all the lost coins into consideration, a lot are burned by being sent to burn addresses, a lot are lost because someone forgot the private keys. third if we ignore all the second step, there is 1 satoshi from missing from all the mining rewards thanks to a miner who intentionally got underpaid 1 satoshi less as an honor to satoshi missing. so even if all the coins are mined the total number will be 21 million minus 1 satoshi. But you still forgot something important. We can't send the max amount because there will no transaction fee will left for the transaction. Hahaha. But honeslty speaking. There is no such maximum amount for BTC to send right now because it is impossible to gather all BTC in one wallet.
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BurtW
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May 02, 2017, 12:15:53 PM |
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first of all is the fact that we can never mine all the 21 million coins because reward is halved so it will never actually reach zero.
Not true. The mining reward does go to zero after is it one satoshi per block. This will happen in about the year 2140.
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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SvenBomvolen
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May 02, 2017, 12:17:45 PM |
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All this bit ion transactions are complicated thing. Last week it needed 5 days to send 1 bitcoin! I can imagine how many days will be needed to transfer such big money you are talking about. This is complicated because bitcoin is digital currency and everything depends from the site and from how many bitcoins they have in the moment.
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BurtW
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May 02, 2017, 12:22:32 PM |
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Hello. I asked a question yesterday which remained in a good answer. By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
The answer is yes, it has been done many times. The fee depends on the size of the transaction in bytes, not the amount of value being sent. Therefore, if the transaction is a small number of byte (from a single address to a new single address) the transaction fee would be minimal.
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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Renji Abarai
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May 02, 2017, 12:34:05 PM |
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There is no limit in sending bitcoin. We can do various kinds of transactions in accordance with our wishes. Bitcoin gives you something like this. We are free to do anything, compare try with other media that have many limitations.
This is what I believe that there is no limit, if you have that kind of bitcoin now. But for me, I will divide it to smaller btc so that whenever there is a problem I still have bitcoins left I am afraid because of that double spend issues I read here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BurtW
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May 02, 2017, 12:37:24 PM |
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There is no limit in sending bitcoin. We can do various kinds of transactions in accordance with our wishes. Bitcoin gives you something like this. We are free to do anything, compare try with other media that have many limitations.
This is what I believe that there is no limit, if you have that kind of bitcoin now. But for me, I will divide it to smaller btc so that whenever there is a problem I still have bitcoins left I am afraid because of that double spend issues I read here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I know you will probably not be back because you are a damn signature spammer but what the heck are you talking about? What double spend issue? Where did you read it? I think you are full of shit.
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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Hypnosis00
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May 02, 2017, 02:30:50 PM |
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I think there is no limit in transferring bitcoin or doing any kind of transaction in just one sending process because it is all about fees, if you can afford the fees that the transaction cost then you can send how much as you can in just single transaction.
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johnwest
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May 02, 2017, 03:18:54 PM |
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I think there is no limit in transferring bitcoin or doing any kind of transaction in just one sending process because it is all about fees, if you can afford the fees that the transaction cost then you can send how much as you can in just single transaction.
Should have read the previous posts before posting a reply and as explained by Burt, it is not about the total amount which you are sending, its about the size of transaction in bytes. So many can afford it. Without fees it will take a lot of time as the delay is getting more and more nowadays.
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coinbitte
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May 02, 2017, 03:21:02 PM |
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21,000,000.. max
Correct answer! But what about fees?
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Reid
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May 02, 2017, 03:33:02 PM |
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It is possible like they said. But for that amount you might get a lot of problems. First is the fee which is going to be a lot. Hacks. Where will you be sending it? Have you gathered all the information to make it a safe transaction? You might want to mix it and that is another payment. Or you could just send it little by little. With the value of bitcoin now many would want to get a hold of that amount of bitcoin.
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ralle14
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May 02, 2017, 03:47:56 PM |
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21,000,000.. max
Correct answer! But what about fees? Not correct. BitcoinHodler already pointed out that there's also other coins that are being sent to a burn address. Also there's the genesis block where the reward is unspendable. Hello. I asked a question yesterday which remained in a good answer. By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
If you have that such amount in your wallet I think you can, if you use an online wallet there's a limit. The highest bitcoin transaction I know was about half a million. Txid for proof
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