Bitcoin Forum
March 29, 2024, 04:55:57 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Spend X btc from wallet with a different send amount  (Read 172 times)
vieveda (OP)
Newbie
*
Offline Offline

Activity: 16
Merit: 1


View Profile
November 25, 2019, 10:10:24 PM
 #1

When I confirming my transaction it says that it "will spend x.xxxxxxx btc from wallet" even if I sends a mutch smaller amount of btc. Is this x.xxxxxxx btc a payment that I received? Or why that value?
Is it better in privacy to send that amount (x.xxxxxxx) instead of what I specified? Is there any option in armory that includes the fee in the amount I want to spend (instead of applying it later on my spend amount)?
1711688157
Hero Member
*
Offline Offline

Posts: 1711688157

View Profile Personal Message (Offline)

Ignore
1711688157
Reply with quote  #2

1711688157
Report to moderator
1711688157
Hero Member
*
Offline Offline

Posts: 1711688157

View Profile Personal Message (Offline)

Ignore
1711688157
Reply with quote  #2

1711688157
Report to moderator
1711688157
Hero Member
*
Offline Offline

Posts: 1711688157

View Profile Personal Message (Offline)

Ignore
1711688157
Reply with quote  #2

1711688157
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711688157
Hero Member
*
Offline Offline

Posts: 1711688157

View Profile Personal Message (Offline)

Ignore
1711688157
Reply with quote  #2

1711688157
Report to moderator
1711688157
Hero Member
*
Offline Offline

Posts: 1711688157

View Profile Personal Message (Offline)

Ignore
1711688157
Reply with quote  #2

1711688157
Report to moderator
BitMaxz
Legendary
*
Offline Offline

Activity: 3206
Merit: 2907


Block halving is coming.


View Profile WWW
November 25, 2019, 11:35:40 PM
Last edit: November 27, 2019, 11:27:40 PM by BitMaxz
 #2

I don't exactly understand what you are trying to say.

If the amount you want to send is different from "Confirm Transaction" maybe your transaction fee you put is high that is why it shows a large amount of BTC when sending(When sending it will show the total calculation of your transaction, the amount you set and the miner's fee).

Take a look at the miner's fee when you are making a transaction you can find it at the bottom of the armory wallet change it to the fee you want.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
NeuroticFish
Legendary
*
Offline Offline

Activity: 3626
Merit: 6321


Looking for campaign manager? Contact icopress!


View Profile
November 26, 2019, 07:53:45 AM
 #3

Your explanation is indeed unclear. I will try to tell all the things that happen there, hoping that some of them will make it clear for you what you see and what you were asking.

When you send a transaction, if you want to pay for example 0.001BTC, you will actually spend maybe 0.00100300BTC(*) because you actually pay some transaction fees (the miners' work).
Also, if you have received 0.002BTC and that's what you are spending from, the whole 0.002BTC is "sent away", but 0.002 - 0.00100300 = 0.000997BTC will return to you, either into a change address, either into the address you were sending from, depending on your settings.

The fee amount doesn't help in your privacy. The use of change addresses does.

(*) The numbers are not accurate, the fee depends on how busy the network is and your settings. But the numbers may make it clearer then xxx and yyy  Wink

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
vieveda (OP)
Newbie
*
Offline Offline

Activity: 16
Merit: 1


View Profile
November 26, 2019, 09:59:27 PM
 #4

Your explanation is indeed unclear. I will try to tell all the things that happen there, hoping that some of them will make it clear for you what you see and what you were asking.

When you send a transaction, if you want to pay for example 0.001BTC, you will actually spend maybe 0.00100300BTC(*) because you actually pay some transaction fees (the miners' work).
Also, if you have received 0.002BTC and that's what you are spending from, the whole 0.002BTC is "sent away", but 0.002 - 0.00100300 = 0.000997BTC will return to you, either into a change address, either into the address you were sending from, depending on your settings.

The fee amount doesn't help in your privacy. The use of change addresses does.

(*) The numbers are not accurate, the fee depends on how busy the network is and your settings. But the numbers may make it clearer then xxx and yyy  Wink


Thanks for helping out! So there is no more privacy of spending the whole the whole 0.002BTC that I got received once instead of 0.001BTC? Where do I find the setting to use change addresses?
HCP
Legendary
*
Offline Offline

Activity: 2086
Merit: 4315

<insert witty quote here>


View Profile
November 27, 2019, 12:11:58 AM
Last edit: November 15, 2023, 07:09:08 AM by HCP
 #5

When I confirming my transaction it says that it "will spend x.xxxxxxx btc from wallet" even if I sends a mutch smaller amount of btc. Is this x.xxxxxxx btc a payment that I received? Or why that value?
Do you not see a screen like this when you create your send transaction? Huh


It should show all the recipients, the amounts, the transaction fee... and then the total amount leaving the wallet should match the sum of amounts + transaction fee. If the amount leaving the wallet is a lot higher, then something might be wrong.


Quote
Is there any option in armory that includes the fee in the amount I want to spend (instead of applying it later on my spend amount)?
No, it is always in addition to the amount you want to send.


Where do I find the setting to use change addresses?
Armory always uses change addresses by default... there isn't an option to turn it on or off, you can only specify the type to use: "File -> Settings... -> Fee and Address Type"



..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
NeuroticFish
Legendary
*
Offline Offline

Activity: 3626
Merit: 6321


Looking for campaign manager? Contact icopress!


View Profile
November 27, 2019, 07:15:57 AM
 #6

Where do I find the setting to use change addresses?

I am late, this is answered now.

So there is no more privacy of spending the whole the whole 0.002BTC that I got received once instead of 0.001BTC?

The only thing to take into account is when you spend more than an input (you received 0.002BTC and have a remaining 0.0009BTC and want to spend 0.0025BTC).
In such cases nosy people/institutions can make a link/relationship between all those transactions.
So if you are also careful of how you spend the remaining 0.009BTC, indeed, there's no more privacy is you spend the whole 0.002BTC or only half of it.

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
vieveda (OP)
Newbie
*
Offline Offline

Activity: 16
Merit: 1


View Profile
November 27, 2019, 07:54:59 PM
 #7

When I confirming my transaction it says that it "will spend x.xxxxxxx btc from wallet" even if I sends a mutch smaller amount of btc. Is this x.xxxxxxx btc a payment that I received? Or why that value?
Do you not see a screen like this when you create your send transaction? Huh
https://i.imgur.com/IaVhTDt.png


Yes I do see that screen, that's why I asked. My explanation of that screen in my first post wasn't that good Wink NeuroticFish made a good explanation as well.

Quote
Is there any option in armory that includes the fee in the amount I want to spend (instead of applying it later on my spend amount)?
No, it is always in addition to the amount you want to send.


Where do I find the setting to use change addresses?
Armory always uses change addresses by default... there isn't an option to turn it on or off, you can only specify the type to use: "File -> Settings... -> Fee and Address Type"

Ok thanks!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!