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Author Topic: Oops - 20BTC fee paid on .05 transaction?  (Read 6321 times)
Probably (OP)
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December 16, 2013, 02:46:18 AM
 #1

https://blockchain.info/tx/a2d1e19331f4ea274079c94382560bbb4f32165ed647a33adad651a604e7caa2

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

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December 16, 2013, 02:47:44 AM
 #2

lol, what a fool.
semisyntheticpsy
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December 16, 2013, 02:49:42 AM
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NAsty!
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December 16, 2013, 03:44:19 AM
 #4

Poor guy, I feel bad for him... Sad
empoweoqwj
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December 16, 2013, 03:51:17 AM
 #5

A fool and his bitcoins are easily parted
Soros Shorts
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December 16, 2013, 03:57:06 AM
 #6

No wonder my last p2pool payout was almost double what I'd expected.
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December 16, 2013, 03:59:56 AM
 #7

damnn my feelings are with that guy xDD
empoweoqwj
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December 16, 2013, 04:16:57 AM
 #8

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

Evil  Wink
Bugpowder
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December 16, 2013, 04:22:03 AM
 #9

Some people are just not up to the challenge of handling their money responsibly.  Undecided
t1000
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December 16, 2013, 04:24:26 AM
 #10

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


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December 16, 2013, 04:27:53 AM
 #11

Last time, AsicMiner returned 200 BTC fee, but this time it is P2PPool. Sad
empoweoqwj
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December 16, 2013, 04:28:44 AM
 #12

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

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
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December 16, 2013, 04:30:26 AM
 #13

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

empoweoqwj
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December 16, 2013, 04:30:45 AM
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Last time, AsicMiner returned 200 BTC fee, but this time it is P2PPool. Sad

Interesting ...... let's see how it plays out. AsicMiner are cool, but I would say that, I have shares in them.
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December 16, 2013, 04:35:57 AM
 #15

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 Huh


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 Undecided

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December 16, 2013, 04:44:08 AM
 #16

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 Huh


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 Undecided

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
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December 16, 2013, 04:48:52 AM
 #17

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

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December 16, 2013, 04:54:44 AM
 #18

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
Quote
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

Quote
[–]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

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[–]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  Cheesy

kireinaha
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December 16, 2013, 05:03:41 AM
 #19

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:

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

Night gathers, and now my bitcoinwisdom watch begins.
Mad Scientist
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December 16, 2013, 05:04:49 AM
 #20

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[–]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.
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