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Multibit - Min transaction/Insufficient funds
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Topic: Multibit - Min transaction/Insufficient funds (Read 702 times)
AnUnderdog
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Multibit - Min transaction/Insufficient funds
November 22, 2013, 09:53:24 AM
#1
Hello,
If I try to send a small amount of btc in multibit, I get an error saying I have insufficient funds even though it's all been confirmed. I found out that it was because of the .0001 BTC fee. Does that get deducted from my wallet or the transaction.
For example, I send from wallet A to B 3 btc. Does wallet B only receive 2.9999 BTC or does wallet A get docked 3.0001 BTC?
Part of me thinks it's from the transaction because I tried to send .0000001 from one wallet to the next but it wouldn't let me.
Any confirmation would be appreciated. Thanks!
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There are several different types of Bitcoin clients. The most secure are
full nodes
like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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PenAndPaper
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Re: Multibit - Min transaction/Insufficient funds
November 22, 2013, 09:56:40 AM
#2
address B receives 3 BTC if you send 3 BTC.
AnUnderdog
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Re: Multibit - Min transaction/Insufficient funds
November 22, 2013, 10:03:29 AM
#3
Quote from: PenAndPaper on November 22, 2013, 09:56:40 AM
address B receives 3 BTC if you send 3 BTC.
So I need to have 3.0001 BTC in address A? Thanks for the quick response! I guess that's about 5 cents worth to transfer it.
addy4u
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Re: Multibit - Min transaction/Insufficient funds
November 22, 2013, 10:06:27 AM
#4
always add .0001 fee to the amount u r sending
this will also remove the time limit for unconfirmed transactions i mean confirmation will be fast or almost instant
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Re: Multibit - Min transaction/Insufficient funds
November 22, 2013, 10:23:00 AM
#5
Quote from: AnUnderdog on November 22, 2013, 10:03:29 AM
Quote from: PenAndPaper on November 22, 2013, 09:56:40 AM
address B receives 3 BTC if you send 3 BTC.
So I need to have 3.0001 BTC in address A? Thanks for the quick response! I guess that's about 5 cents worth to transfer it.
Yes, you need 3.0001 BTC in your wallet and send 3 BTC to address B
BITMIXER.IO
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