Oops - 20BTC fee paid on .05 transaction?

[Probably]

https://blockchain.info/tx/a2d1e19331f4ea274079c94382560bbb4f32165ed647a33adad651a604e7caa2

http://www.reddit.com/r/Bitcoin/comments/1syu3h/i_lost_all_my_bitcoins_in_an_erroneous/

 

[Bobsurplus]

lol, what a fool.

[semisyntheticpsy]

NAsty!

[Cryptolator]

Poor guy, I feel bad for him...

[empoweoqwj]

A fool and his bitcoins are easily parted

[Soros Shorts]

No wonder my last p2pool payout was almost double what I'd expected.

[acegilz]

damnn my feelings are with that guy xDD

[empoweoqwj]

No wonder my last p2pool payout was almost double what I'd expected.

Evil 

[Bugpowder]

Some people are just not up to the challenge of handling their money responsibly. 

[t1000]

This guy really really really really.....really wanted his lottery ticket really, really quickly. 

[BitThink]

Last time, AsicMiner returned 200 BTC fee, but this time it is P2PPool.

[empoweoqwj]

Some people are just not up to the challenge of handling their money responsibly. 

Funny how we are split between sympathy and .... whatever the opposite of sympathy is.

People need to learn how to treat their bitcoins with respect. Clicking is a lot easier than handling real cash. Its not like anyone ever went into a restaurant, paid for a $10 meal, and left a $3000 tip.

[SemiMolten]

Feel bad for him. P2pool miners must be so happy now.  

[empoweoqwj]

Last time, AsicMiner returned 200 BTC fee, but this time it is P2PPool.

Interesting ...... let's see how it plays out. AsicMiner are cool, but I would say that, I have shares in them.

[adamstgBit]

damn....

would be nice to know exactly how me managed to pay a 20BTC fee...

i mean wow, how to you accidently set your TX fee to 20BTC


make a note to add some idiot proof error checking for clients bitcoin devs.

seriously, i can only imagine how many poeple sent the wrong amount of bitcoin to an address, and lost funds

[empoweoqwj]

damn....

would be nice to know exactly how me managed to pay a 20BTC fee...

i mean wow, how to you accidently set your TX fee to 20BTC


make a note to add some idiot proof error checking for clients bitcoin devs.

seriously, i can only imagine how many poeple sent the wrong amount of bitcoin to an address, and lost funds

Yeah, I was wondering that. Guess there must be a field in the software to "enter your own transaction fee".

But you are right. It should give a warning, preferably two, or even an error ......... "you are about to do something entirely stupid - (Y)es or (N)o" ?

[t1000]

It sounds like he created the transaction using brainwallet.org from a brain wallet address to the payee address without a change address. So there is 20.199BTC input and 0.05271705 BTC output.

https://en.bitcoin.it/wiki/Transactions#Output

Any input bitcoins not redeemed in an output is considered a transaction fee; whoever generates the block will get it.

[adamstgBit]

It sounds like he created the transaction using brainwallet.org from a brain wallet address to the payee address without a change address. So there is 20.199BTC input and 0.05271705 BTC output.

https://en.bitcoin.it/wiki/Transactions#Output

Any input bitcoins not redeemed in an output is considered a transaction fee; whoever generates the block will get it.

this is infact what happened

[–]aliens_exist_1 11 points 3 hours ago
Nope, I was using brainwallet, and I could've sworn that in the box next to source address I had the my total balance, and in the box next to destination I had the ~0.05 I intended to send

[–]ummhaha 37 points 4 hours ago
I'm sure you did, because that's exactly how the transaction was structured.
When you spend from a brainwallet, you must spend ALL your funds. The difference goes into the fee.

talk about an expensive lesson 

[kireinaha]

The good news is, his transaction must have been confirmed by the network really fast! The bad news is, bitcoin is still a long ways from becoming an acceptable currency for the mainstream, given that horrific scenarios like this can play out.

This posts sums it up nicely:

Can't wait to see grandma start using bitcoins. Oops, there goes 500 grand.

[Mad Scientist]

[–]tinus42 22 points 4 hours ago
I hope they will do that. The amount of greed in the Bitcoin community sickens me.

The number of Forever Alone, Neckbeard, Failed English Major Beta Males on Reddit sickens me.