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Author Topic: Is it possible sending BTC without a transaction fee?  (Read 15671 times)
ynatopak14
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January 09, 2019, 09:56:13 PM
 #81

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..

It is not possible as it serve as a gas to travel the bitcoin to other wallets.
The is the cost to pay the miners for the transaction.

Though i know i have same answer like other that is not the real point why i post here.

I just wonder if that will happen that people dont need to pay for the transaction.
Will it happen very soon?
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January 09, 2019, 10:16:47 PM
 #82

as long as I know it is not possible to send BTC without fees ... they also need money ... every transaction must have costs

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January 09, 2019, 10:22:32 PM
 #83

I just wonder if that will happen that people dont need to pay for the transaction.
Will it happen very soon?
If you've read the recent replies you already know the answer to your question. It won't happen because there's no point in mining bitcoin transactions that has no fee. If miners starts putting 0 fee transactions in every block that they mine it would just encourage more users to make 0 fee transaction and they can spam the blockchain without spending a satoshi. When the network gets spammed for a very long time fees can become very expensive.

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January 09, 2019, 10:39:25 PM
 #84

Miners just survive from our fees, that is why it should for any transactions.  If we want easy and quick transfer then we should have to pay more satoshi than of usual fees we do to be priorities. People should have to think about it rather than of complaining for fees that they collected.
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January 09, 2019, 11:03:52 PM
 #85

I think not, it really would be so slow that I have not tried, but remember that the fee is to maintain the network and pay the miners to verify your spending and record it, so it does not make much sense if it is eliminated, since the deterioration of equipment and other expenses generated from mining bitcoin, have to be paid by the community that uses it.

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January 09, 2019, 11:12:50 PM
 #86

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..


Sorry i don't want to hurt your feelings to offend you? I tell you frankly n0thing exchange can allowed bitcoin transer without transaction fees.( in short it is impossible and nothing stupid exchange can allowing your ideas).

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January 09, 2019, 11:21:10 PM
 #87

That's  was impossible that sending coins without transfer fee because just it like remittances  that need to pay transaction or we called transfer fee so if you like it or not you need to pay or else you can't transfer you coins. But you have choice for the low fee if you want to transfer but low fee choose the turtle transfer that is to slow transferring or it is almost 1 to 2 days sometimes 3 days but it is low fee.

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January 09, 2019, 11:27:32 PM
 #88

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
No, you have to pay for the fees in order for that transaction to be approved. How can you expect not to pay fees when it is business? And I think this is not a charity that everything is free. Anyway, the fees are very low so nothing to worry about you can compute it and decide whether to send it or not.

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January 09, 2019, 11:43:59 PM
 #89

Miners are the ones responsible for verifying every transaction in bitcoin blockchain. Thus, it is not possible to have free transaction. Unless, bitcoin developers would create a set of rules for this matter. Though, it is not the case as.of now since there is a lot of bitcoin remained unmined.

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January 09, 2019, 11:51:39 PM
 #90

It used to be possible as you can see in the next transaction.


https://www.blockchain.com/btc/tx/e2bf2818fb85834cb507a835e43eea579513b2bbf821f17b4e8d916023774137

But nowadays wallets don't allow it, even the bitcoin core gives a warning if the fee is too low.
In that transaction we can see how long you need to receive, it's around 2 days. But I still can't believe that transaction can succeed in 2 days without fees. Like a something strange and I don't know about that.

Moreover, the fees that are too low can cause your transaction to crash, this has happened a long time ago and I personally also experienced it at that time because I was too low in placing fees. So in my opinion it is impossible for us to be able to make transactions without fees.

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January 10, 2019, 12:26:02 AM
 #91

As far as possible bitcoin transfer without transactions fees is impossible. But coinbase to coinbase bitcoin transfer fees is very low in amounts.

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January 10, 2019, 12:35:22 AM
 #92

Well you can try it for yourself and see how it works out. My guess is: Not very well. Wink Transaction fees are what keeps our whole ecosystem healthy. No transaction fees... no miners to verify transactions.

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January 10, 2019, 04:56:25 AM
 #93

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
Zero fee is impossible, except you close with your recipient and give him your  private key that contain amount of bitcoin that you want to send. Maybe no fee because he only need to open that private key in a wallet.
it's true that the problem in some markets will always be to charge a fee if you do a bitcoin transaction, and even then it has become a market requirement
If markets, it is different problem. They charge fees because they need money to maintain their site, so we still can use their site with confident and no problem happen to them. But maybe in above i only said there is a way to send bitcoin to other person without transaction fee.

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January 10, 2019, 05:09:35 AM
 #94

No, It's impossible that bitcoin sending transaction is free you need to pay fee so that miners will do your transaction and to secured and fast your transaction.
Right, every time you make transaction in bitcoin and not only bitcoin also other business they have transaction fee and this is not free, cause it make your transaction become safe secured and make it fast. Your fee in your transaction it use to pay the miners and other maintenance charges.

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January 10, 2019, 10:59:46 AM
 #95

Nope this can't happen, good question though but it can't be free transactions around here and don't think of the miners being greedy about this because they are just doing their jobs, once transactions are being connected they will take out a very small portion depending also with the amount of BTC that you have sent
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January 10, 2019, 11:05:16 AM
 #96

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
  No,it is impossible because miners needs a payment that's why every bitcoin transaction has a transaction fee that we need to pay. There is no thanks for today,all need fees for every transaction not only in bitcoin even in other cryptocurrency.

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January 10, 2019, 11:17:30 AM
Last edit: January 10, 2019, 11:30:14 AM by mocacinno
Merited by bones261 (1)
 #97

This is one of those threads where i feel i'm taking one step foreward and two steps back...

I've tried explaining (twice), but the thread keeps getting filled by people that post their feelings about the subject unhindered by any knowledge on the topic that's being discussed.

Please read this post before mumbling false claims in this thread

  • It is true that most wallets (and especially the gui versions) have disabled the feature to create 0 fee transactions
  • It is true that most node implementations reject 0 fee transactions (especially if they're setup using their default config)
  • It is true that most miners won't include 0 fee transactions into the blocks they're trying to solve

HOWEVER

There is nothing in the bitcoin protocol stopping anybody from creating 0 fee transactions, broadcasting them, relaying them, including them in VALID blocks! It's not because the software implementations removed the option from their menu's that the protocol changed in a way that would make 0 fee transactions invalid.

IF you know what you're doing, AND you know a miner that would still accept 0 fee transactions, you WOULD be able to get a 0 fee transaction into a block (given that the miner got lucky and found a valid block header).
Offcourse, this is not the standard way of doing things, sure it's not possible if you stick to using the gui of most of the wallets and try to broadcast the transaction to a couple random nodes, that does not mean the protocol no longer allows this...

As a matter of fact, only 1 page ago in this very thread, i proved that a 0 fee transaction could still be generated... I suppose most of the people posting garbage after this post had no idear what i was posting, since they only saw a sequence of ascii characters without realising it was in fact a valid, signed transaction they were looking at:
Code:
010000000137c82cec0a27b399c3737c6c61f0f934deb33ff3cfb6ef1016e62d434a6204a3000000008b483045022100f8ecb38d7b9b2a1bdb8ea31af39466d88727ad863e82b3c52258011420c65715022039e0a55698347c8198385beb252814e08c48dab7b01f233d3f20e5deb054f2f7014104ed1df4aaa790f8118646976365a33de02dcbb4c78d92edf1271a85abe53c15a316d08c29b1069a52ae98e015a29aa52cbeb41c1fb77bf091d809d286adff8a73ffffffff01d02a0f00000000001976a914e432ffb6ef0bde696af29ca13dd37c0824a4082388ac00000000
Offcourse, i don't know any nodes that have no minimum relay fee (even my own nodes have a minimum relay fee, and i'm not about to change this), nor do i know a big mining pool operator that still accepts 0 fee transactions, so getting this transaction into a valid block is very hard, but NOT impossible!

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January 10, 2019, 11:30:59 AM
 #98

Sure possible, all major exchanges don't take any commission, so just store your btc there
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January 10, 2019, 01:46:14 PM
 #99

Nope this can't happen, good question though but it can't be free transactions around here and don't think of the miners being greedy about this because they are just doing their jobs, once transactions are being connected they will take out a very small portion depending also with the amount of BTC that you have sent

Yeah how would you expect the miners, who basically make transactions work, make money to sustain what they're doing. And it'll be difficult to find any alternatives for them given mining's requirements.

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January 10, 2019, 02:04:56 PM
 #100

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
Are you serious?It seems like you want to buy an item from a grocery store that is tax exempted huh?
Will never happen buddy that is more than impossible to become reality

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