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Bitcoin Forum > Bitcoin > Bitcoin Technical Support > CHECK THIS OUT SOMEONE JUST DOUBLESPENT ON ME
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ownageplocks (OP)
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May 09, 2017, 03:10:33 PM
 #1
I obviously didn't fall for it.
Check out this wallet address(the one he sent from)
https://blockchain.info/address/16WunsFiryThVND7pq4j1s2tdSqVJHnXDR

and my wallet is 1HsEpgYU4U8GJna6SeQjAyjydZQJnohMjP

See how he set my fee so low that it will never go through? and then sent the coin again?
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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May 09, 2017, 03:34:18 PM
 #2
that is why everyone keeps repeating an unconfirmed transaction is not trusted.

and besides it is spending an unconfirmed output which means the second one is never going to confirm either until the first output is confirmed!

there is a good tool from blockcypher which gives you a good risk factor, check it out:
https://live.blockcypher.com/btc/tx/6c99d818218f3486e02399f9facc34e69e44b37ce01b025016624c7bf107a612/
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