BtcKing 1 (OP)
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July 03, 2017, 01:15:36 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
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DOGE12321
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July 03, 2017, 01:23:46 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
First of all, I wouldn't suggest that you do that because it is a very stupid idea. If a transaction goes unconfirmed for too long, it will eventually disappear from the network. Most clients will remove it from their pool of unconfirmed transactions at some point. And yes, the money should return to your account. When most clients have removed it, you can go ahead and send the transaction again, if you wish and I would suggest to use a higher fee. There's not a precise time when the transaction will disappear from the network, it could be days or up to a week. This is why it's always recommended to set a transaction fee.
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HEWRA
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July 03, 2017, 01:29:09 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
You need to remember about applying appropriate fee size to every transaction unless you want to get your money stuck. The only way to send BTC's without miners bounty is to do it through some website (3rd party service pretty much, but be careful!)
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clickerz
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July 03, 2017, 01:37:51 AM Last edit: July 05, 2017, 12:54:41 PM by clickerz |
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Sending bitcoin without miners fee is very risky in my opinion. You get risk of your coins being stuck, thus its a very big hassle on your part. You'll need services like viabtc to accelerate it again.
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MicroGuy
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July 03, 2017, 01:41:01 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block.
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bL4nkcode
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Limited in number. Limitless in potential.
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July 03, 2017, 01:46:08 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. Less chance it will included in a block, you're too lucky if some miner inlcude your transaction, but most probably it will stay in the blockchain for a long time or maybe it will return to your sending address after several times.
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UCHCHILD
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July 03, 2017, 01:58:45 AM |
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I guess this is not a good idea. Simce you are aware that your coin will be unconfirmed for too long you better put fee so you will not go into double spending for transaction to pump up. It happened to me and it was so suck to wait for so long watching your coin to come and waited for weeks.If you dont want to spend fee the your transaction will be impossble to be confirmed that is all nothing complicated with that. But for your information the transaction fee is now low unlike before it was 0.001.
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xianbits
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July 03, 2017, 02:09:35 AM |
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Good thing someone asked this. I too, am not sure if my bitcoins will be returned to me if I do the same way. So, it really pays to add miners' fee if you don't want your bitcoins to get stuck. Maybe in time, when there are lesser transactions, fees will go down eventually.
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szpalata
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July 03, 2017, 02:26:42 AM |
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Good thing someone asked this. I too, am not sure if my bitcoins will be returned to me if I do the same way. So, it really pays to add miners' fee if you don't want your bitcoins to get stuck. Maybe in time, when there are lesser transactions, fees will go down eventually.
It will be returned back to the original wallet but the time varies and you might not be able to bear the waiting time for it. It's just get stuck until a reversal is done, I've been there before as a novice and it took nearly 72 hours before I got them returned. You can try with a small amount which you can afford to loose and check the waiting time.
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Casabrandy
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July 03, 2017, 02:26:55 AM |
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Good thing someone asked this. I too, am not sure if my bitcoins will be returned to me if I do the same way. So, it really pays to add miners' fee if you don't want your bitcoins to get stuck. Maybe in time, when there are lesser transactions, fees will go down eventually.
Your will eventually return to your address once it is deleted in the network, No miners will waste their time to process a transaction without payment. And I think even the double spend will not gonna work since the transaction will not gonna received any confirmaton at the first place. You will just waste your time by doing this.
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ranochigo
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Crypto Swap Exchange
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July 03, 2017, 02:30:28 AM |
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I guess this is not a good idea. Simce you are aware that your coin will be unconfirmed for too long you better put fee so you will not go into double spending for transaction to pump up. It happened to me and it was so suck to wait for so long watching your coin to come and waited for weeks.If you dont want to spend fee the your transaction will be impossble to be confirmed that is all nothing complicated with that. But for your information the transaction fee is now low unlike before it was 0.001.
You can always craft another transaction to replace the initial transaction. You don't have to wait weeks for it to appear in the client. Fees aren't fixed. They are variable based on the size.
If your transaction has little fee, your client might rebroadcast it forever till it gets into a block. Either that or your transaction will get dropped by the nodes across the network. Some clients allows the user to select whether to stop rebroadcasting the transaction or not.
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pooya87
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July 03, 2017, 02:41:25 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. no, there is no "transaction returning" in bitcoin. on paper it MAY be possible but in practice when you send a bitcoin transaction it will stay out there forever until it either confirms or becomes invalid (like by double spending) and gets rejected. to OP if you want to do such a thing make sure to mark it as RBF so that if you changed your mind you still have an "easier" option to solve the problem.
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ImHash
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July 03, 2017, 03:45:24 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. no, there is no "transaction returning" in bitcoin. on paper it MAY be possible but in practice when you send a bitcoin transaction it will stay out there forever until it either confirms or becomes invalid (like by double spending) and gets rejected. to OP if you want to do such a thing make sure to mark it as RBF so that if you changed your mind you still have an "easier" option to solve the problem. All the above bullsh*t posts aside your bullsh*t is something entirely new, who the fu*k taught you this? when a transaction doesn't get confirmed after a while it will be as if you never sent it at all meaning it will be unlocked/ back to your wallet.
I don't know if people are getting dumber or what?
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pooya87
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July 03, 2017, 04:02:14 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. no, there is no "transaction returning" in bitcoin. on paper it MAY be possible but in practice when you send a bitcoin transaction it will stay out there forever until it either confirms or becomes invalid (like by double spending) and gets rejected. to OP if you want to do such a thing make sure to mark it as RBF so that if you changed your mind you still have an "easier" option to solve the problem. All the above bullsh*t posts aside your bullsh*t is something entirely new, who the fu*k taught you this? when a transaction doesn't get confirmed after a while it will be as if you never sent it at all meaning it will be unlocked/ back to your wallet.
I don't know if people are getting dumber or what? i don't understand the reason for all these insults! if i am wrong then feel free to prove i am wrong. and no your "after a while" was increased from 72 hours to 336 hours or 2 weeks and there will always be a node out there that has your transaction in its mempool and is broadcasting it so it propagates through the network and every node will have it at all times. there is no "as it it was never sent either". people are either using SPV or web wallets in which case they have no control over what happens and have to stick to methods such as RBF or simply double spending. or they run full nodes and have control on what they broadcast in which case they can manually "abandon" the transaction and make a new one, it doesn't happen on its own. it will stay in your node as your transaction that you keep broadcasting and in your wallet it will stay as spent. even if they do that, the network doesn't have to accept the new transcription. when you rebroadcast the double spent transaction the nodes which have your previous tx will reject your new one because it is a double spend.
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Vohoanghiep
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July 03, 2017, 04:12:27 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
If you want to send Bitcoin without a fee or a very low fee it means that your money will be stuck and after a long time it will return to your mailing address after many submissions. After that, even if you double your fees, your transaction will not be accepted because it was initially rejected. There are no miners to handle the transaction without getting paid...
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xianbits
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July 03, 2017, 04:14:44 AM |
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Ok wait, things gets more complicated to me now. Someone says it will return back to your wallet and someone also says it won't. Since there's this differences of opinion, it will be better to do the transaction with a miners' fee - playing safe, though.
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krishnapramod
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July 03, 2017, 04:21:50 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
You have the choice to send a transaction with no or low fee, the same way miners have the choice to ignore your transaction on the basis of no or low fee. Either your transaction gets stuck for a long period of time without confirmation, the network keeps relaying it until some miner finally adds it or it gets pruned by the network (you will get your bitcoin back in your wallet). Yeah, you can rebroadcast a similar transaction with higher fee and get it conformed thus making the old transaction invalid, double spend. But why go through all this hassle.
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coynedterm
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July 03, 2017, 04:26:21 AM |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
If you will send the Bitcoin at very low amount of fees then I am100% sure that you need to wait undefined time because all will depend upon your luck . If you will send your Bitcoin lowest recommended fee then this will make your transaction within the week ( in case of high traffic of transaction ) . But If manually you will set really a low fee that the miners can't see your fee in the competition of transaction bid then your transaction will got stuck and you will need then rebroadcast your transaction , and then again wait and wait , so more better is that use the recommended low fee that the wallet is showing by default .
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Golftech
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July 03, 2017, 04:29:23 AM |
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Ok wait, things gets more complicated to me now. Someone says it will return back to your wallet and someone also says it won't. Since there's this differences of opinion, it will be better to do the transaction with a miners' fee - playing safe, though.
its always better to play safe than having some issue, placing transaction fee is the best ways though its depend on how fast or quick you wants the mere fact that transaction will be push much quicker if you provide miners fee will be much convenient.
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romero121
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casinosblockchain.io
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July 03, 2017, 04:32:17 AM |
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Ok wait, things gets more complicated to me now. Someone says it will return back to your wallet and someone also says it won't. Since there's this differences of opinion, it will be better to do the transaction with a miners' fee - playing safe, though.
its always better to play safe than having some issue, placing transaction fee is the best ways though its depend on how fast or quick you wants the mere fact that transaction will be push much quicker if you provide miners fee will be much convenient. Even when you place a small transaction fee you'll be notified that the transaction may go unconfirmed, please make an increased transaction fee. So when you place the low transaction fee the risk is big, based on the fact it's good to go with the fee suggested by the wallet itself.
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