I have bitcoin coming to my waves wallet for some reason

[ridertiger]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

[oceantiger]

This is certainly a technical error from the blockchain because bitcoin is running on a different code while waves wallet is quite different. It is only the developers that can explain what happened. Meanwhile I do not think it is even possible to use the wave blockchain to transfer the money to your own bitcoin wallet. It will not go through. Technically you have lost that money. what a day my brother.

[pawanjain]

This is certainly a technical error from the blockchain because bitcoin is running on a different code while waves wallet is quite different. It is only the developers that can explain what happened. Meanwhile I do not think it is even possible to use the wave blockchain to transfer the money to your own bitcoin wallet. It will not go through. Technically you have lost that money. what a day my brother.

Did I just read "technical error from the blockchain" LMAO
To the OP: The waves blockchain and the bitcoin blockchain work completely differently. Somebody might be playing with you by sending you some fake coins naming bitcoin.
Do post the transaction Id so that we can trace what's going on with your wallet.

[tenakha]

I didn't understand Bitcoin was sent by you or someone else. If it was sent by someone else, it might have gone wrong. Otherwise, if you mistakenly sent Bitcoin to Waves address, in my opinion it would be possible to come. Because I had mistakenly sent MNX to Bitcoin address and it was possible to seeing this transaction from explore, but due to this was an exchange wallet i couldn't get the private key.

[Marcel666]

People rarely make mistakes in recipient address during transactions. And since the two blockchain operate differently, it could be that the sender was playing around with a currency dubbed bitcoin.
As to why the amount received is less than what was stated in the incoming transaction that could be an error.
It happens to me sometimes when receiving ERC-20 tokens.

[fosco333]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

On waves network, there are some tokens. One of them is bitcoin token. You can change the bitcoin token with a real bitcoin on exchange.
Maybe there was someone who send you a bitcoin token, but i still don't know why it shows only 0.0000408 bitcoin on your balance. But it is weird that you don't know where is the bitcoin came from.

[pooya87]

if i give you a $1 bill but with a magic marker write "bitcoin" on the dollar bill, in that case did i give you bitcoin or did i give you dollar?

that is what's happening here. you have received Waves which is worth about 400 satoshi but someone with a "magic marker" wrote bitcoin on it as a comment! hence the "NAME:   Bitcoin" part. that is also what the tokens do, they use the name bitcoin in their name to throw you off.

[libert19]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

Waves is an altcoin right? So it's not really Bitcoin it's someone naming that transaction as Bitcoin? If the waves wallet doesn't have a Bitcoin receiving address it can't receive it, it's an entirely different coin.

It's like ethereum, where you can build tokens upon it. So op probably received token named Bitcoin.

[SimonJones]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

Maybe someone is trying to prank you. You need to send bitcoin address to the person who wish to send you btc. Did you give that? If not than ignore this kind of notifications.

[ridertiger]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

On waves network, there are some tokens. One of them is bitcoin token. You can change the bitcoin token with a real bitcoin on exchange.
Maybe there was someone who send you a bitcoin token, but i still don't know why it shows only 0.0000408 bitcoin on your balance. But it is weird that you don't know where is the bitcoin came from.

Thank you very much, I think this is the most likely explanation. Now, what is the exchange where I can sell these waves tokens called "bitcoin" for real bitcoin?

[Nowherman]

I also noted that small amounts of the Bitcoin token - WBTC are regularly sent to various Waves wallets from this Waves address  - https://wavesdesk.com/account/3P7awoHBQvJSgRqYdmkoTBdrhiQtAeAZHf2
When you go to the WBTC page  - https://wavesdesk.com/asset/8LQW8f7P5d5PZM7GtZEBgaqRPGSzS3DfPuiXrURJ4AJS
a warning  to be careful appears.
I think that the so-called Bitcoin token can be used by hackers to gain access to other people's Waves wallets, so you should not use it.

[bob123]

Now, what is the exchange where I can sell these waves tokens called "bitcoin" for real bitcoin?

These tokens called 'bitcoin' are worthless.
They are not related to bitcoin at all. Someone just named a senseless token 'bitcoin'. Probably to scam other people.

It is the same approach as with all of these shitforks (bitcoin cash, bitcoin gold, bitcoin shit, bitcoin XXX, etc...).
All of them have one in common: They are using the name of bitcoin to attract newcomers. That's their way of making money.

Keep away from any tokens / forkcoins which have 'bitcoin' in their name. There is only one bitcoin (BTC).
Anything else which uses the name of bitcoin is shady and should be avoided.

[Alia Rojas]

If you've two different types of coin in the same wallet then you might face this problem. Also the problem might be technical too. Either the transaction was faulty or the wallet isn't just showing it that way but the coins are there.

[Huskarls]

So, here is a record from LATEST TRANSACTIONS in my waves wallet at https://waveswallet.io/
Date: 10/22/2018
Type: Incoming Mass Payment   
NAME:   Bitcoin
RECIPIENT:   n/a   
FEE:   0.051 WAVES
UNITS:   0.00011680

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?
I dont where the bitcoin is coming from.

it's possible to get it from airdrop, sometimes there is an airdrop that gives tokens to all wallets evenly, it also applies to ERC-20 platform tokens
they do that as an effort from their token promo so that people are interested in looking further

[ridertiger]

The trouble is, I have normal bitcoin (BTC) in my wallet also, and I have no idea where it came from. Oh well.

[Naughty Princess]

This is a technical error from the blockchain. Because bitcoin is running on a different code while waves wallet is quite different. Somebody might be playing with you by sending you fake coins naming bitcoin.

Maybe that is not true and trying to trick on you. When you do not understand the block chain, you can't get it. You have to ignore it and do not be stressed by it. That is not true bitcoin though, if someone has to give you a bitcoin, he should ask for your address first and know what it is for even for free.

[St4yInTh3D4rk]

This is a technical error from the blockchain. Because bitcoin is running on a different code while waves wallet is quite different. Somebody might be playing with you by sending you fake coins naming bitcoin.

Maybe that is not true and trying to trick on you. When you do not understand the block chain, you can't get it. You have to ignore it and do not be stressed by it. That is not true bitcoin though, if someone has to give you a bitcoin, he should ask for your address first and know what it is for even for free.

Just like others said this was a token created with the name of bitcoin but I don't think that also possible.OP may read the name of the coin wrong because we have lot of altcoins with similar to bitcoin even I hear we have an altcoin or token named BitcoinX,so make sure that name again and if that name of bitcoin then it is not because the addresses are different if we try to send bitcoin to other address we may lost it permanently.

[Thirdspace]

However, when I go to my portfolio in the same wallet, it shows 0.0000408 bitcoin.
How come my total bitcoin is less than what is arriving?

that is a real bitcoin asset/token (WBTC) in waves platform
the units amount shown (0.00011680) in that transaction is the total amount transacted
you are actually only receiving 0.00000120 per transaction, and there are multiple incoming transactions
take a look at the last airdrop http://wavesexplorer.com/tx/8YsMxdDkJg4BDj6FG3D78GYhkVognA9ztaVftxKVid1T

I dont where the bitcoin is coming from.

I've been wondering the same too but still can't find a clue who airdropped it and why
one thing for sure that address 3P7awoHBQvJSgRqYdmkoTBdrhiQtAeAZHf2 airdropped WBTC and cryptogram

[Jacey Barnett]

In the crypto markey, it is unlikely that any one will send you Bitcoin by mistake. Though, there is no explanation for the 0.0000408 btc balance in your account, you should ignore it. From the look of it, someone is trying to prank you. Ignoring it, will be safe option, of course.

[Addisyn Sellers]

Waves and Bitcoin are completely different and in no way would it be possible to get Bitcoin in the transaction. It might be some other coin that is being renamed to Bitcoin and sent to you. My advice would be to would be to ignore the name since it seems like someone is trying to prank you.