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Author Topic: how to send 1000 satoshi payment?  (Read 5202 times)
liviux
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October 06, 2017, 12:49:11 PM
#21

better wait for lightning network. Or even better, use another cryptocurrency

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October 06, 2017, 01:45:00 PM
#22

Could look at something like Coinbase, given it's a private DB to settle transfers they may allow sending such small amounts.  Clearly the other person would need to amalgamate lots of these before they could withdraw the funds on the blockchain.


LN should help with this in time but I expect the fees will still be too high for this to be viable in early days unless you are doing lots of these 1000 satoshi payments.


Another approach is to do a payment channel with someone, again you'll need to do a lot of tx's before this was worthwhile doing.
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October 06, 2017, 02:38:36 PM
#23

What's the easiest way to send small 1000 satoshi payment?
I think ,you cant send 1000 satoshi
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October 06, 2017, 02:58:58 PM
#24

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

There is no easy way to send that because if you only send 1000 satoshi your fee will be much higher than the satoshi that you will send. And also the time of confirmation will be a problem for that transaction.It will be better if you just keep it and use another cryptocurrency like ethereum, litecoin or dogecoin.

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October 06, 2017, 05:02:38 PM
#25

Chances are you will be paying a lot more on transactions fees alone than on the payment itself. I'm not sure why you would want to send 1000 satoshis on the bitcoin chain but if you really want to you will end up either paying a higher fee or your transaction will be stuck for quite some time.

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October 07, 2017, 08:14:37 PM
#26

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

This is the base level of using coins, you have to get it together on some of these points, or lose everything pretty quick. This is why the crypto world is so hard to track and hold down, because there are too many people that have coins and do not know that basics.
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October 07, 2017, 08:23:23 PM
#27

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

At todays transaction fees it is totally waste to send 1000 satoshi payment as the fees itself is high and even 1000 satoshi is useless as this can be earned in any faucet. So OP better to accumulate more and then send high satoshi as payment.

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October 08, 2017, 12:04:31 AM
#28

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.

i think its possible to send that verry low amount of satoshi's because i saw someone does it on the services section hes paying also a small amount of satoshi to the people who completed his task but his doing it batch by batch or sending it to multiple wallet address in one transaction. so i guess if you do it on only one person your only wasting your time and bitcoins because probably it wont arrive or miners would ignore it if your fee is lower to 1000 satoshi.

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October 08, 2017, 04:15:23 AM
#29

'' what is the easiest way to send small 1000 satoshi payment ? ''
i don't know how to send 1000 satoshi .
i think it is not..
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October 08, 2017, 06:44:57 PM
#30

you will pay fee more than payment it self especially this days Because price is up more than 4,500 so that fee will be more than 1,000

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October 09, 2017, 06:54:28 AM
#31

It can be done, but you will have to persuade  people who will be receiving these Satoshi's, to sign up to a off-chain wallet like Xapo. The internal off-chain transactions in Xapo are done with zero fees and instant transactions. You will only pay miners fees, when you send those coins on-chain. < withdraw it from Xapo >

Let's say you operate a Faucet, then you get the people to signup for a Xapo account and you send their Satoshi's within the Xapo system. If they want those coins, they will have to pay the miners fees to withdraw it from Xapo. ^smile^

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October 09, 2017, 07:38:52 AM
#32

Sending 1000 satoshi depends on the wallet you are using, and at most times  your transaction fee will be higher than the amount you are sending or you will be told the amount you are sending is too small.

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October 09, 2017, 11:24:16 AM
#33

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

no it is some difficult to sending directly that much of coins. you can do one thing. if where you want to pay that amount more 100 sat nothing but problem but it is less that amount you have to face problems. so half  amount  you have to transfer and remaining half amount transfer from your best partner account. it is secure and safer.no issues may raise.
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October 09, 2017, 11:30:29 AM
#34

To Send such a small amount you have either to use an altcoin as already mentioned (to not pay more tx fee than value of the tx).
Or you can use some kind of a Web Wallet which allows small Transaction within own Network without paying fees. This would require you and the reciever of your transaction
to be registered in such a Service. Blockchain.info offers a web wallet, but im not sure of how transaction inside of the blockchain.info network are handled.

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October 10, 2017, 10:34:43 AM
#35

What's the easiest way to send small 1000 satoshi payment?
I do not think there is a wallet that can sent 1000 satoshi most of the wallet the minimum transaction is 0.001 or 100k satoshi. Just to clarify 1000 satoshi or 1000 bitcoin?
If 1000 satoshi you cant find an option to send that just wait to make it 100k sat then you can start the transaction!
1000 bitcoin is a huge amount of money it wont carry by some wallet it would be suspicious transaction that may developer will trigger on that transaction to hold and verify it.

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October 12, 2017, 12:40:41 AM
#36

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


Actually there is no (as i know) wallet that will let you make transaction with so low amount, but i think that i can suggest two options:

1. You can look for microtransactions services, and you have to open account there - when they collect little amounts from many users they are sending this. (it is very short description)
Ps. from long time i dont use services like this, so i cant provide actual links

2. You have to look for friend that is mining Bitcoin (he must have mining rigs). You have to ask him to which pool he is connected and if he agree, he can push your transaction for free (he will explain to you how to do that)

No more options.

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October 12, 2017, 08:27:23 AM
#37

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

I had this problem once because at that time bitcoin was just about to touch 5000 USD for the first time and I was going to send a 22k satoshi for some services and since my local currency has a very low price compared to bitcoin I was stuck to that small amount. Electrum was asking me to pay a fee that was greater than the amount of money I was about to send. Hence what I did was i put a very low fee because I was ready to wait and the transaction did take one day to confirm.

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October 12, 2017, 11:27:47 AM
#38

Very interesting thread.

Fee is the very reason BTC can never become a daily usage coin. It is impossible to go in a buy a soda in a small shop, because you can simply not pay for it. You have to buy 50 sodas each time, just to be able to pay. Which of course begs the question, why is fee needed in the first place? To pay the nodes one will answer. Which again leads to, is btc (or any altcoin) then truly decentralized, if it is the 1000 some nodes that runs the show anyway.

Why can稚 the 100 million users not run the chain without nodes? File sharing seems to work without fee, many credit card run without fee, bank transactions can run without fee, why can稚 BTC?

kamskool21
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October 12, 2017, 04:17:45 PM
#39

envoyer 1000 satoschi ou une somme superieur tu vas payer les meme free et tous depend du wallet que vous utulisez

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October 12, 2017, 04:55:42 PM
#40

What are satoshi?... Huh

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