how to get rid of BTC dust ???

[emilia79]

hi everybody,

[I didn't know where to post this topic]


I have a lot of dust, from faucets, and PTC. I'll soon retrieve a 0.05 BTC reward . How can I work to, say, get rid of my dust. ?

How do you operate ?

Thanks for your ideas.

E.

[1714824903]

1714824903

[naphto]

Just leave the address.
Delete the private key.


Dust won't even pay for the fee.

[emilia79]

too cryptic for me ;-)


Can you develop a little for a junior member ?


BR

[naphto]

I do not understand your question. What do you mean by "dust"?
If you have, let's say 0.00000001 btc on an address, it's lost because you will have to pay a fee to transfer it somewhere else....


But I am not sure that I understood your question correctly.

[ajax3592]

hi everybody,

[I didn't know where to post this topic]


I have a lot of dust, from faucets, and PTC. I'll soon retrieve a 0.05 BTC reward . How can I work to, say, get rid of my dust. ?

How do you operate ?

Thanks for your ideas.

E.

Altogether create a new secure paper/cold wallet. Btw where's the reward dropping from ?   

[emilia79]

I have a lot of dust transactions. I know I cannot transfert them because of the fee.

example : T1 = 0.00000001 BTC

If I add to my wallet T2 = 0.05 BTC, maybe I can aggregate them and send them (with no fee) to another address ?

Am I right ?

[Eternity]

What do you actually mean to say ?

You want to get rid of tiny coins ?

[marcovaldo]

I have a lot of dust transactions. I know I cannot transfert them because of the fee.

example : T1 = 0.00000001 BTC

If I add to my wallet T2 = 0.05 BTC, maybe I can aggregate them and send them (with no fee) to another address ?

Am I right ?

Yes, but be careful because fees depends on several factors.
Search "bitcoin fees" on google.

[emilia79]

No, wrong title maybe

but I have tiny coins;

I can do nothing with them separately (1µ BTc there , 3 µBTC here ...) but their amount has increasing to a (aggregated) whole 0.01 BTC.



So how "save" them to be able to use them, once aggregated

?

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[RodeoX]

Save the dust. One day you may be able to use it to buy a new computer. 

[bitcoin44me]

Yes the dust will aggregate and you can clear the balance of the address with 1 transaction.

[emilia79]

morality:

read the manual, carefully !


If I understand correctly, all my dust is unusable, lost !!!!!

[msc]

If I understand correctly, all my dust is unusable, lost !!!!!

No, you can spend it once you've collected enough, as long as it's all in the same wallet.  The fee might be higher, though.

[Gator-hex]

Time Travel!

Seriously keep it in a separate wallet and one day in the distant future it might be worth more than the transaction cost.  

See: http://bitcoinfees.com/

[bitcoin44me]

morality:

read the manual, carefully !


If I understand correctly, all my dust is unusable, lost !!!!!

No, you can send it all with 1 transaction if you spend enough btc to that address

[MoonShadow]

If I understand correctly, all my dust is unusable, lost !!!!!

No, you can spend it once you've collected enough, as long as it's all in the same wallet.  The fee might be higher, though.

There are also ways to merge wallets, so by the time there is enough dust to spend, even having them in seperate wallets shouldn't be an issue.  That's assuming that the dust do not grow in value in the meantime to the point that the minimum fee is below the dust value.

[bitcoin44me]

Yes, but the fee going lower than the dust value is probably not gonna happen anytime soon

[emilia79]

I only have one (open) wallet.

Do you suggest I used several wallets, and make some transfers from one to another.

Do you have a theoric example, to show me how to aggreegate my dust?


It could be helpful for a lot of newbies who (like me) did not fully understand the BTC conceppts.

regards,

E.

[Jacce]

If you only have one wallet it all combines into one, so you can use everything you've gathered. The "dust" only exists when you have very little on one wallet, but since you have everything on one wallet it all combines. Maybe not the best explanation, but I hope it helped.