Recieved a random amount of bitcoins yesterday.

[taw420]

Hello, I've been using bitcoins for a few years now to gamble and speculate etc... Yesterday I had a new thing happen to me I received a random amount of BTC into one of my addresses and it sat unconfirmed all yesterday and today so I decided to ship it to satoshidice for the hell of it. Well now they both sit unconfirmed. I just don't get what happened here and why neither is confirmed or does the original cause the next transaction and every one forward to be unconfirmed if it never is? I guess this is one thing I really have never understood.... The address that sent it to me appears to have tons of transactions none of which appear to be confirmed. This looks sketchy to me although I'm not to up-to-speed on the technical side of BTC.

Link to original incoming transaction: https://blockchain.info/tx/5c55a589deaa07bc77899913908f45bba510bae1417d04af11a121af9f0b63cc
Link to my outgoing transaction to satoshi dice: https://blockchain.info/tx/31b4d89659d2701b6f3aac9e83c31074222b5a9894bfd0f9d1274a4abc1fc955

Address that sent me the random amount of BTC:https://blockchain.info/address/1KSQkdoSEn3GZMb4RYC2JbRRNZBYvPi4T
My Address and transactions: https://blockchain.info/address/15yW4yg22swDhDbfyNwss9nfzTSFhTgP9f

This just confused me and looked sketchy thanks if anyone can give me some sort of explanation on whats going on here and if my satoshi dice transaction is gone forever because of the partially unconfirmed amount.

Thanks,

taw420

[Marbit]

Very strange. 

[smilez]

weird shit lol

[Foxpup]

First of all, your payout from SatoshiDice won't confirm until the original transaction does. SatoshiDice does this to prevent cheating: if the wager transaction is any way fraudulent or invalid, so is the payout, so the cheater wins nothing.

As for the original transaction not confirming, that is because the sender did not pay a transaction fee, even though a fee was required for this transaction. As a result, it (and your payout) will likely take an extremely long time to be confirmed.

What's strange is that you were actually able to send this transaction in the first place. Most clients do not allow you to spend unconfirmed funds, precisely to avoid this kind of issue. What client or wallet service were you using?

EDIT: Typo.

[btcvenezuelanuser]

That's weird.

[Smerks]

First of all, your payout from SatoshiDice won't confirm until the original transaction does. SatoshiDice does this to prevent cheating: if the wager transaction is any way fraudulent or invalid, so is the payout, so the cheater wins nothing.

As for the original transaction not confirming, that is because the sender did not pay a transaction fee, even though a fee was required for this transaction. As a result, it (and your payout) will likely take an extremely long time to be confirmed.

What's strange is that you were actually able to send this transaction in the first place. Most clients do not allow you to spend unconfirmed funds, precisely to avoid this kind of issue. What client or wallet service were you using?

EDIT: Typo.

Could you be clearer on what you mean by extremely long time for confirmation, Im new to all this and was just wondering.

[DannyHamilton]

First of all, your payout from SatoshiDice won't confirm until the original transaction does. SatoshiDice does this to prevent cheating: if the wager transaction is any way fraudulent or invalid, so is the payout, so the cheater wins nothing.

As for the original transaction not confirming, that is because the sender did not pay a transaction fee, even though a fee was required for this transaction. As a result, it (and your payout) will likely take an extremely long time to be confirmed.

What's strange is that you were actually able to send this transaction in the first place. Most clients do not allow you to spend unconfirmed funds, precisely to avoid this kind of issue. What client or wallet service were you using?

EDIT: Typo.

Could you be clearer on what you mean by extremely long time for confirmation, Im new to all this and was just wondering.

The protocol allows individual miners (or pools) to choose any criteria they want for selecting which transactions to confirm, and which transactions to leave for a future block. If a tranaction has an output that is less than 0.01 BTC, or if a transaction is larger than 19 kilobytes in size, and the transaction does not include a fee of at least 0.0005 BTC per kilobyte, then many miners (and mining pools) will consider the transaction to be low priority.  As such, it won't receive any confirmations until some miner (or pool) somewhere decides to be nice and confirm it for free.  This could take hours, it could take days, it is even possible that it will never be confirmed.  It is impossible to predict ahead of time with any accuracy how long it will take to confirm, because it is impossible to know ahead of time when a miner will be kind enough to try to confirm it and lucky enough to solve a block.

[mastab]

i could go for some free bitcoins.. pretty weird though

[bennett616]

twas a blessing from god.............

Andy B

[bennett616]

twas a blessing from god.............

Andy B

Hello ANdy B

why do you sign your messages

TreasureHunt

Always have done, always will

Andy B

[bennett616]

okay I think it is a good idea so if your account gets hacked the hacker will not type andy b as that is lying!!

Precisely! haha

[bennett616]

SCAMMER ^^^^ someone hacked my account and put 2 posts, this one and a loan request for 493205724BTC......... :/

Andy B

[JKWong]

HAha  you got lucky. Someone send me some free BTC too ... I am a poor eastern European boooi

[sartan]

What's strange is that you were actually able to send this transaction in the first place. Most clients do not allow you to spend unconfirmed funds, precisely to avoid this kind of issue. What client or wallet service were you using?

Blockchain.info allows you to send transactions without the normally required 6 [confirms]. But it  won't be confirmed until the first transaction confirms.

[Ximoxion]

Limitations.   Startling to say, but bitcoins probably have and end result where the creators are the end reapers.  i mean, wouldn't you?  Totally anonymous creaters taking the world on a drive.  you can't think that the first iteration of a crypto currency will get it all correct.  Can you?

[Ximoxion]

First mistake is a programmable crypto that doesn't change.  The idea of bitcoins was to decentralize anything.  Yet, unlimited money can centralize this currency in mere moments should anyone with that type of cash choose to get into it.  Believe me....   ..it's much bigger then your little mining rig....

Our rigs..  ..if not cashed out fast enough, are puppets in the crypto currency game.  And it is quite a game

[Ximoxion]

In other words..  ..anyone thinking that BTC is the untouchable, uninfluencable currency of the future has already been duped

[thegamekind]

free bitcoins nice

[btcapparel]

If the bitcoin sender is out there listening...Can I have one please if your giving them out 

[thegamekind]

i preach to