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Author Topic: Help an ignorant newb with MyCelium  (Read 627 times)
VeniVidiV (OP)
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June 20, 2017, 10:08:08 PM
 #1

So, every time I send from mycelium wallet....  it sends ALL my funds

example  I enter $120 to send... i hit priority fee... it shows $2.25     then i click send....and boom... it zaps my account for $126 and adds the extra to the sending fee.

I know i am missing something obvious,  please help
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jak3
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June 20, 2017, 10:22:30 PM
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I am using mycelium wallet for around a year maybe it takes the sending amount and the transaction fees seperatly if not the most probably the mistake is occurring by you are your account is compromised. I guess you need to change your wallet try electrum wallet instead they are also a light wallet.
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June 20, 2017, 10:24:30 PM
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Priority fees used to be that low (0.001BTC) when transactions fees were at 60-80 satoshis/byte. Now, I think they changed the amount of priority fees, but they didn't declare it. I don't use the wallet, so I don't really know, but posting that transaction txID would have helped understanding how many fees they charged.

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HCP
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June 21, 2017, 04:46:52 AM
 #4

So, every time I send from mycelium wallet....  it sends ALL my funds
example  I enter $120 to send... i hit priority fee... it shows $2.25     then i click send....and boom... it zaps my account for $126 and adds the extra to the sending fee.
I know i am missing something obvious,  please help
Firstly, don't use Fiat amounts when referencing bitcoin transactions... It is confusing and can be largely irrelevant. The currency is so volatile that it could simply be that the reason you are seeing different amounts is that the exchange rate is changing...

I would suggest working in BTC amounts... that way it is easier to tell if the system is sending or less than you expect it to.


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bL4nkcode
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June 21, 2017, 03:15:30 PM
 #5

So, every time I send from mycelium wallet....  it sends ALL my funds
example  I enter $120 to send... i hit priority fee... it shows $2.25     then i click send....and boom... it zaps my account for $126 and adds the extra to the sending fee.
I know i am missing something obvious,  please help
Firstly, don't use Fiat amounts when referencing bitcoin transactions... It is confusing and can be largely irrelevant. The currency is so volatile that it could simply be that the reason you are seeing different amounts is that the exchange rate is changing...

I would suggest working in BTC amounts... that way it is easier to tell if the system is sending or less than you expect it to.


This would be the reason why people are little bit confused, currently, $2.25 is 0.0008xxxx BTC and it is just enough for transaction fee than paying more than 0.001 IMO. And I'm not using 'priority' when sending using Mycelium I'm only using low-priority ever since well it confirms less than 3 hours except, if there's a huge backlog from the network.
And BTW I'm more than a year user of Mycelium too. 
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