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Author Topic: Is this possible in bitcoin transaction ?  (Read 403 times)
ncool
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November 08, 2017, 04:44:45 PM
 #1

Hi,
I transferred 0.015 Bitcoin to another wallet. However the transaction fees is enormous. Is this type of transaction possible where fees is almost 10 times the main transaction ? I am attaching the screenshot of this. Please help me as I am comparatively new person to this.

Here is the screenshot.
http://<blockquote class="imgur-embed-pub" lang="en" data-id="a/RNlP7"><a href="//imgur.com/RNlP7"></a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script>

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dlorah111
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November 08, 2017, 04:54:04 PM
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Your link is not working.
0.15 BTC fee on a transaction of 0.015. (You said 10x fee) is a bit much.
It depends on the amount of inputs. Maybe you can use a wallet where you can set your own fees.
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November 08, 2017, 04:56:28 PM
 #3

Hi,
I transferred 0.015 Bitcoin to another wallet. However the transaction fees is enormous. Is this type of transaction possible where fees is almost 10 times the main transaction ? I am attaching the screenshot of this. Please help me as I am comparatively new person to this.

Here is the screenshot.


Thanks


imgur.com/RNlP7 Is not working, it seems like you took it down, and yes this is possible.

did you by any chance collected alot of smaller amounts of bitcoin? When you're collecting so called "dust", you'll need to pay alot more fees since there will be a shite ton of small outputs.

Please link the adress / id of your transaction if you want us to look into it.

ncool
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November 08, 2017, 04:59:14 PM
 #4

Here is the link again..

https://imgur.com/a/RNlP7
ncool
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November 08, 2017, 05:07:07 PM
 #5

Hi,
I transferred 0.015 Bitcoin to another wallet. However the transaction fees is enormous. Is this type of transaction possible where fees is almost 10 times the main transaction ? I am attaching the screenshot of this. Please help me as I am comparatively new person to this.

Here is the screenshot.
http://<blockquote class="imgur-embed-pub" lang="en" data-id="a/RNlP7"><a href="//imgur.com/RNlP7"></a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script>

Thanks


imgur.com/RNlP7 Is not working, it seems like you took it down, and yes this is possible.

did you by any chance collected alot of smaller amounts of bitcoin? When you're collecting so called "dust", you'll need to pay alot more fees since there will be a shite ton of small outputs.

Please link the adress / id of your transaction if you want us to look into it.


No, I paid from my blockchain wallet to another address. The main bitcoins deducted is 0.015 or about 111$ only but the fees are 1110$.

Thanks
AdolfinWolf
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November 08, 2017, 05:08:10 PM
 #6

Here is the link again..

https://imgur.com/a/RNlP7

Ehm, this is the adress, https://blockchain.info/address/161umXkGucVSuzzsXki8JaixkL16LBjgtA and there is not one transacion broadcasted on 2017-10-30, so i'm wondering where you are getting this tx id from?

There is also not one output going to an adress with

\ Lw\

Or

\ b4\

Did you make this transaction up or? Mind linking me the real transaction id?

ncool
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November 08, 2017, 05:17:38 PM
 #7

Here is the link again..

https://imgur.com/a/RNlP7

Ehm, this is the adress, https://blockchain.info/address/161umXkGucVSuzzsXki8JaixkL16LBjgtA and there is not one transacion broadcasted on 2017-10-30, so i'm wondering where you are getting this tx id from?

There is also not one output going to an adress with

\ Lw\

Or

\ b4\

Did you make this transaction up or? Mind linking me the real transaction id?

Here is the transaction link : d4b058ea43e9da357ed2bdb59a67b2e356d34f3fcd4e1d98db94f030c1e292b5

Thanks
ncool
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November 08, 2017, 05:25:30 PM
 #8

Your link is not working.
0.15 BTC fee on a transaction of 0.015. (You said 10x fee) is a bit much.
It depends on the amount of inputs. Maybe you can use a wallet where you can set your own fees.

I use blockchain.info's web wallet and go for regular transfer always as this gives me the idea about the transaction cost.
DannyHamilton
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November 08, 2017, 06:18:17 PM
 #9

Here is the transaction link : d4b058ea43e9da357ed2bdb59a67b2e356d34f3fcd4e1d98db94f030c1e292b5

That transaction sends 0.015 BTC to 148ztHdfyWcKTwKcKNewqC7YyhBVd164b4 (not to 161umXkGucVSuzzsXki8JaixkL16LBjgtA).

It only pays a fee of 0.00057856 BTC.


ncool
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November 09, 2017, 12:09:52 AM
 #10

Then why it shows deduction of 0.15 Bitcoin from my wallet ? However, there is no reduction of balance so far.
DannyHamilton
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November 09, 2017, 02:53:42 AM
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Then why it shows deduction of 0.15 Bitcoin from my wallet ? However, there is no reduction of balance so far.

https://en.bitcoin.it/wiki/Change

ncool
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November 09, 2017, 05:20:48 AM
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Then why it shows deduction of 0.15 Bitcoin from my wallet ? However, there is no reduction of balance so far.

https://en.bitcoin.it/wiki/Change

Wow, this was really helpful. Thanks a lot for solving my doubts..!!
bongpanit20
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November 09, 2017, 08:03:17 AM
 #13

if i get you?  did you mean you have a wallet that has bitcoin and you want  to transfer 0.015btc in another wallet may i ask you if this 2 wallet are same or diffirent,  in my country we transfer BTC from wallet to wallet that is free of charge but if you use an external or a foreign wallet its diffirent maybe there is  a chance that they will put 0.5-2% of the amount you send as fee. 
ncool
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November 09, 2017, 09:56:22 AM
 #14

Yes, both are different and hence there is charge in transferring the bitcoin.
LoyceV
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November 09, 2017, 11:55:54 AM
 #15

Wow, this was really helpful. Thanks a lot for solving my doubts..!!
How did you make this screenshot (uploaded to a different image host to show embedded)?

It even shows the high negative fee, while the real transaction uses a normal fee. I guess it's one of many bugs on blockchain.info.

ncool
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November 10, 2017, 01:36:22 PM
 #16

I have taken the screenshot on my laptop, uploaded the image on imgur and shared the link..
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