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Author Topic: how to send 1000 satoshi payment?  (Read 5481 times)
niotib
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August 12, 2017, 02:05:36 PM
 #1

What's the easiest way to send small 1000 satoshi payment?
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August 12, 2017, 02:13:55 PM
 #2

It depends on which wallet you use.
I think there is no diffrence between sending 1000 satoshi or 1000 bitcoin. Just better to use other cryptocurrencies (if possible) to avoid high transaction fee

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August 12, 2017, 02:19:28 PM
 #3

You will probably have to pay a fee that is much higher than the payment itself.

Another problem can be that the transactions are considered dust and they will sit there very long if you don't include a decent fee.
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August 12, 2017, 02:19:38 PM
 #4

I think you really can't send that very small amount because it is small. You should make ut bigger un order for you to withdraw or to send that amount. Because for a fact that I haven't known any wallet that makes you withdraw a small amount of money. So put some work on it. Make it big and probably you can withdraw a higher amount of value. If you are to withdraw that i think that is just for the fee.



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Jombrangs
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August 12, 2017, 02:24:25 PM
 #5

What's the easiest way to send small 1000 satoshi payment?

I think you cant send 1000 sat only ... because 1000sat is every small for the transaction then + the fee i think fee is higher then on your payment if you pay 1000sat

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August 12, 2017, 02:29:17 PM
 #6

What's the easiest way to send small 1000 satoshi payment?

there is a perfectly good reason that it is not easy to send 3 cents worth of bitcoin, and that is to prevent spams that will only waste block size.
if you really want to send 1000 satoshi then use another altcoin. Dogecoin is a good example in this case the fee is 1 Doge and that is already worth less than 100 satoshi. and tipping it is easier.

otherwise add all the payments together and let it grow bigger than 1000 satoshi and then send.














 

 

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nellz
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August 12, 2017, 02:36:19 PM
 #7

you can sent it using free charge. but it will take year to complete the block.lol.
better you safe it and do some job in here to make more some satoshi in here. there was a lot of job you can do to make more satoshi. dont kill yourself because of 1000satoshi. how to sent it. it waste of time to think a thing that can make u headache.
why dont join us and start doing a job instead ask for a impossible question.
when you have enough satoshi. you will not even bother about sending the payment ofcourse. just my two cent bro.
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August 12, 2017, 02:37:48 PM
 #8

You can't send 1000 satoshi since there is a transaction fee higher than 1000 satoshi. The minimum transaction fee I got is 5k satoshi and the wallet told me that I can't send such small fee. I think you need to send satoshi higher than the transaction fee. I tried also too when I pay for the ban appeal here and it needs 4k satoshis but I paid 5k satoshis since 4k is still small to send. I recommend to use other currency to pay a small amount such as litecoin.

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August 12, 2017, 03:12:14 PM
 #9

What's the easiest way to send small 1000 satoshi payment?
Transfer of such amount on Bitcoin network is not viable option. Better use internal networks of various web wallets or micropayment sites.
For example incase of web wallets, email to email transfer on Coinbase is free of cost and instant. Alternatively if you wanna maintain anonymity, use micropayment services like FaucetBox which allows free of cost internal BTC transfers between addresses.
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August 12, 2017, 03:37:10 PM
 #10

What's the easiest way to send small 1000 satoshi payment?

There was a time when you could have sent 1000 satoshis without any fees, microtransactions, on chain, gone long are those days. Basic rule now, the amount you are sending should be more than the transaction fee. There is something called dust transactions. If I am not wrong the minimum output is 5460 satoshis (Core), minimum default amount.

You would be able to process microtransactions when LN comes into effect.

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August 12, 2017, 03:59:28 PM
 #11

Using Bitcoin Cash unless you want to pay a fee of 5000 satoshis

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August 12, 2017, 04:06:30 PM
 #12

Using Bitcoin Cash unless you want to pay a fee of 5000 satoshis

How does bitcoin cash solve this?

I would use good old Doge..

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August 12, 2017, 04:15:56 PM
 #13

You can't send a 1,000 satoshi payment.

It is pointless as fees are generally at least 8,000 per transaction.

The only real way to do it is if you are on an exchange and you can just transfer from one account to the other without any fees.



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August 12, 2017, 04:17:32 PM
 #14

Using Bitcoin Cash unless you want to pay a fee of 5000 satoshis

How does bitcoin cash solve this?

I would use good old Doge..
Have you comparated the fees for a transaction of the same amount? Yes Doge is an option if you found anyone who accepts dogecoins

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August 12, 2017, 04:19:33 PM
 #15

This amount is unprofitable to send and it is a problem. The only way which allows to do it via Fiat. Such small transfers You need to send with credit card. But I think that there you pay for the transfer more than the amount you send.
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August 12, 2017, 04:30:33 PM
 #16

Such small transfers You need to send with credit card.
Credit cards are so impractical for small transactions that most pubs and clubs in my area refuse to accept credit cards for payments of less than £10.  PayPal charges a static fee of £0.2 for all transactions in addition to their fee of 3.4%.

Most nodes will refuse to relay the tiniest microtransactions and mining pools will refuse to include them in blocks.  You'll notice that the addresses that were spamming the network a while ago usually actually sent transactions of about 0.0001 BTC (10,000 satoshi) rather than 0.00001 BTC (1,000 satoshi).

Sending a transaction that small is technically possible but it's so impractical (just like with credit cards and PayPal) that there's not really any point.
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August 12, 2017, 04:42:54 PM
 #17

I am looking for way to send 20k satoshis from a wallet to another..

but whenever I tried to send the network fees is higher than 20k for months..

still no way...

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August 12, 2017, 05:37:45 PM
 #18

It's impractical to send 1000 satoshi (or $0.038) with bitcoin or any centralized payment service. Your only choice is use altcoin such as DOGE which is somehow popular.

Using Bitcoin Cash unless you want to pay a fee of 5000 satoshis

How does bitcoin cash solve this?

I would use good old Doge..
Have you comparated the fees for a transaction of the same amount? Yes Doge is an option if you found anyone who accepts dogecoins

Usually the fee is about 0.5-2 DOGE or about 24-96 satoshi, very low compared with bitcoin or most altcoin. But don't forget the price is volatile and 1 satoshi could make big difference if you have big amount of DOGE.

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retprogramisto
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October 05, 2017, 03:40:10 PM
 #19

You can set a custom transaction fee with https://coinb.in/ but confirmations may take some hours. You can try this free transaction accelerator for faster confirmations: https://pool.viabtc.com/tools/txaccelerator/

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radhekrishna
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October 06, 2017, 10:18:52 AM
 #20

you need to download bitcoin core original wallet software to send this 1000 satoshi bitcoins in other way this amount is not possible due to high bitcoin minimum fees.
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