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Author Topic: [CONFIRMED] Why not confirming? Over 0.01 under 10k size, even includes a fee...  (Read 1911 times)
BitHits (OP)
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May 18, 2013, 12:31:21 AM
Last edit: May 18, 2013, 10:51:19 PM by BitHits
 #1

http://blockchain.info/tx/9375925ed95d85cd9b5ecda6332c814c35ebf04124ac625da4c0bf10ab597767

Total Input   0.0569188 BTC
Total Output   0.0568188 BTC
Fees   0.0001 BTC
Estimated BTC Transacted   0.0568 BTC

Size   1662 (bytes)
Received Time   2013-05-17 03:46:52
Estimated Confirmation Time    Very Soon ?

I was under the impression that after 05/15 that the min tx fee was going down to 0.0001 - even still this tx should qualify for NO TX FEE ... So why hasnt it confirmed in almost a whole day ?

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Zeilap
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May 18, 2013, 12:44:48 AM
 #2

Your second output is considered 'dust', so your transaction won't get relayed.
BitHits (OP)
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May 18, 2013, 12:47:33 AM
 #3

The second output .. is the change. I didnt put that there.

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BitHits (OP)
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May 18, 2013, 12:50:00 AM
 #4

Also I've sent almost half a million dust transactions ... they've all confirmed fine ?

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Zeilap
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May 18, 2013, 12:52:49 AM
 #5

Sorry, talking crap - had it in my head that the new dust checks were already included in 0.8.1, so most nodes would reject the tx.
BitHits (OP)
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May 18, 2013, 12:59:33 AM
 #6

Well thats a HUGE issue, if the change generated by your tx is going to get flagged as dust and thus your tx will never confirm.

How could no one have thought of or picked up on that!?

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May 18, 2013, 01:08:16 AM
 #7

Well thats a HUGE issue, if the change generated by your tx is going to get flagged as dust and thus your tx will never confirm.

How could no one have thought of or picked up on that!?

This will only be a problem if the mining pools all switch to 0.8.2 and you use a client version (< 0.8.2) which generates dust change outputs.
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May 18, 2013, 01:08:22 AM
 #8

It will eventually get relayed once it hits a node that doesn't mind doing "spammish" transactions, but you could be waiting a good couple of hours.
There are a few of these nodes out there, and you can set up your client to always connect to them if you do a lot of transactions like this.

Have a look at that link again, with advanced options on:
http://blockchain.info/tx/9375925ed95d85cd9b5ecda6332c814c35ebf04124ac625da4c0bf10ab597767?show_adv=true

You have quite a few low outputs assigned to one address, so you (I believe) would have needed to include a greater fee: 0.0001BTC as a fee is pretty low/borderline for any transaction (IMO).

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BitHits (OP)
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May 18, 2013, 01:13:16 AM
 #9

as long as it will eventually confirm I dont mind waiting, Just so long as it doesnt NEVER confirm.

I'll put the fee back up to 0.0005 - all my tx have gone thru fine with that. Using official client I can get insane tx fees like 0.05 BTC. But thats my whole purpose for doing this. To consolidate my coins by sending from one wallet to another and then back.

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May 18, 2013, 03:10:19 AM
 #10

Sorry, talking crap - had it in my head that the new dust checks were already included in 0.8.1, so most nodes would reject the tx.
nope, it's in 0.8.2.

It is pitch black. You are likely to be eaten by a grue.

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BitHits (OP)
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May 18, 2013, 04:46:44 AM
 #11

0.8.2 isnt even released yet!? Why would miners be using those rules? Most miners and clients are probably still on 0.7.x or 0.8.0 or 0.8.1

Definitely not 0.8.2

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May 18, 2013, 05:21:31 AM
 #12

Your transaction is large and your inputs are young and small, so the transaction has very low priority, so it's unlikely to get selected for the free part of the block. And your fee/kB is also tiny, so it won't get selected based on that either.
BitHits (OP)
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May 18, 2013, 06:13:22 AM
 #13

1.6kb is large ? :S Damn. Its a shame BitCoin still suffers all these tx flaws. Its because of shit like that that BitCoin will never be supported in the mainstream. Its too easy to 'lose coins in limbo' due to the flawed tx fee/priority system.

I really wish someone would come up with an AltCoin to address these glaring flaws so BitCoin could finally evolve into something everyone can use...for anything...large, small, fees, no fees. (That is after all what BitCoin was supposed to be? Right!?)

BitCoin was supposed to be divisible up to 8 places ? (Or was it far more then that?) Clearly that's been patched out since the original implementation. Satoshi would be proud ... :x

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May 18, 2013, 12:18:16 PM
 #14

1.6kb is large ? :S Damn. Its a shame BitCoin still suffers all these tx flaws. Its because of shit like that that BitCoin will never be supported in the mainstream. Its too easy to 'lose coins in limbo' due to the flawed tx fee/priority system.

I really wish someone would come up with an AltCoin to address these glaring flaws so BitCoin could finally evolve into something everyone can use...for anything...large, small, fees, no fees. (That is after all what BitCoin was supposed to be? Right!?)

BitCoin was supposed to be divisible up to 8 places ? (Or was it far more then that?) Clearly that's been patched out since the original implementation. Satoshi would be proud ... :x

i think there is a misunderstanding here: you are not the mainstream. bitcoin will be become mainstream just fine without supporting those irrelevant transactions you hold so dear. it's not a flaw to not support them, it's a deliberate design choice. just like not going for peter todds two-transactions-per-day-coin and eventually increasing the block size instead will be a deliberate design choice too. i have no trouble with radical opinions. but people with radical opinions thinking their niche problems matter to everyone are getting really exhausting to deal with here.

please just deal with the fact that the vast majority doesnt want what you want and fork if you need 0,00001$ transactions.
BitHits (OP)
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May 18, 2013, 10:50:52 PM
 #15

UPDATE; Transaction has confirmed Smiley 16 confirms


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May 19, 2013, 01:26:36 AM
 #16

+2,454 minutes to send $6.90. Not bad.  Roll Eyes

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May 19, 2013, 02:03:57 AM
 #17

+2,454 minutes to send $6.90. Not bad.  Roll Eyes

bait

It is pitch black. You are likely to be eaten by a grue.

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May 19, 2013, 02:55:37 AM
 #18

+2,454 minutes to send $6.90. Not bad.  Roll Eyes

Correction.

A few seconds to electronically send $6.90, and less than 2 days for the transaction to become irreversible.  I can't think of many other methods of electronically sending value that are that fast.  Any that I can think of that are fast require a much higher transaction fee than $0.015.
BitHits (OP)
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May 19, 2013, 04:57:40 AM
 #19

BitCoin still broken by fees. BitHits.info payouts suspended until further notice

see https://bitcointalk.org/index.php?topic=209749.0

This may very well be the death of BitCoin for me. I've probably paid close to $200 in tx fees just to send bitcoins. (Across 30 payouts to users of BitHits.info)

Hopefully a legitimate AltCoin can emerge that fixes this huge issues. If I knew C++ well enough I would do it myself! Believe me.

I mean seriously, What business is going to spend $200 for 30 transactions? How is this supposed to get adopted.

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May 19, 2013, 05:19:36 AM
 #20

BitCoin still broken by fees. BitHits.info payouts suspended until further notice

see https://bitcointalk.org/index.php?topic=209749.0

This may very well be the death of BitCoin for me. I've probably paid close to $200 in tx fees just to send bitcoins. (Across 30 payouts to users of BitHits.info)

Hopefully a legitimate AltCoin can emerge that fixes this huge issues. If I knew C++ well enough I would do it myself! Believe me.

I mean seriously, What business is going to spend $200 for 30 transactions? How is this supposed to get adopted.

Sounds like a poorly designed business model combined with a failure to properly build transactions.

There isn't any reason that a properly run business should be paying 0.05333333 BTC in fees per transaction.

If you can't figure out a way to run your business with lower fees, then it doesn't surprise me that your business is about to die.
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