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Author Topic: Is it possible sending BTC without a transaction fee?  (Read 23873 times)
Biet12
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January 10, 2019, 02:50:47 PM
 #101

So far, I have joined, and never transferred the BTC to the cost, if it is not possible, it will not be possible. It depends on how many you want to transfer

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RAFIKKING
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January 10, 2019, 06:53:56 PM
 #102

On the Blockchain Bitcoin , transaction fees are determined by free market forces. Free market forces mean that anyone is free to set their own transaction fees and send transactions. This is good, but it also involves disadvantages when the space is small. Where the Bitcoin blocks are only as large as 1 MB, which means they do not absorb a lot of transactions in total. On average, Bitcoin transactions are 230-250 bytes in size, which means that the 1MB mass can accommodate only 4194 to 4559 transactions.
if you want to make a transaction You must pay the fees and you control them. When you pay more fees, the conversion process will be faster
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January 13, 2019, 12:28:57 PM
 #103

it is impossible to send transactions without any fees, but you can make it lower, the lower fees you pay, the slower transaction you will get
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January 13, 2019, 12:39:47 PM
 #104

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
Not unless you’re a senior citizen, you can ask for some discount but in cryptoworld, transaction fees is everything. Honestly, there are some new exchange site who started with transaction free but in the long run they make a new rules that they will going to start collecting fees, so this mean at the end of the day, you still need to pay the fees.
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January 13, 2019, 03:01:46 PM
 #105

as far I know, that;s impossible.
Yeah, that's impossible all transaction have charges no one is able to make it free, specially in cryptocurrency. The transactions fee is really important they use it to pay for miners, tax and other expenses.
hen cet
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January 27, 2019, 09:30:44 AM
 #106

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
I think there must be transaction fees, however small because this is income in the business. If it's too big it will be very burdensome for users of bitcoin, and can result in high transaction costs. It is not competitive.
So in my opinion there must still be a transaction fee, but within a reasonable limit it means that it must be below the fee that the bank expects, because bitcoin transactions are peer to peer.
mickeybuddy27
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January 27, 2019, 09:15:27 PM
 #107

as far as I know it won't happen, we need miners to move assets from one address to another, or what we call transactions. and the simple logic, miners (as couriers) will not provide their services for free, because they also need money to carry out their services. so the concept is the same as human life in general, we cannot survive / run a transaction without other people, in this case a fee
I agree. It is impossible because transaction fee is what you pay to process anything you have to send anywhere. Sometimes for fast transfer you have to used the maximum fee or if it is lower which you can wait longer to finish it. No transaction fee is like sending something online without internet connection, it won't happen.

pussyhunter6969
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January 27, 2019, 09:26:47 PM
 #108

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

it was possible, i really miss 0 sat/byte fees, you can still send it


1> create transaction using any raw transaction sign tool
2> put fee 0 sat/byte
3> relay it to nodes that accept 0 sat


Another way is it use CPFP

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January 27, 2019, 09:36:07 PM
 #109

Sending is possible, but the reciever wont ever get those Bitcoins. Miners get rewards and the fees you send when sending Bitcoin. But when there is no fee, miners wont have profit on mining your transaction block and they will skip it and your Bitcoins will be lost  because your transaction wont get any confirmation.

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otong
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January 27, 2019, 10:39:03 PM
 #110

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

if only that had happened it was good news. but the fact is that the btc transaction certainly costs money. because the shipping party certainly does not want to be free. so everything needs a fee, it can't be free.
creeps
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January 27, 2019, 10:39:39 PM
 #111

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
There are some transaction that is not subject for the fees for example the wallet that I’m using right now, but most of the time it is subject for the fees because the developer needs money also so they can still run the business. The fees are very low sometimes and I know you can afford that.
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January 27, 2019, 11:58:18 PM
 #112

As of now it is totally impossible. The fees are the amount paid to the miners. These miners are validating the transactions. Though, it is possible to have a free transaction only if developers would create a code that would not require miners. However,  this is far from reality as of now because bitcoin hasn't been mined fully.  There is a lot of reserved as of now.

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January 28, 2019, 01:01:57 AM
 #113

Transaction fees are a vital part of a functioning BTC economy.

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January 28, 2019, 01:54:30 AM
 #114

Every block mined comes with a gas fee which determines the speed and verification of the transaction made. Putting 0 as a transaction fee means no block is mined, hence no transaction can be made. Also, service providers which include the wallet developers and exchange developers earn from these transaction fees.
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January 28, 2019, 02:21:57 AM
 #115

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
I don't think that it would be possible because the fess goes to the block mined and thats where the transaction is made like for example in local banks, some banks are collecting fees when you transfer money to other accounts that are not within your city or region.
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January 28, 2019, 03:29:24 AM
 #116

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

Hmm, as far I know is impossible to send BTC without transaction fees. Every wallet you are using requires you to pay some amount of BTC for fees if have to do a transaction. Maybe you can decrease the transaction fees on some wallet like Bitcoin Core but it makes your transaction speed slower...
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January 28, 2019, 06:53:43 AM
 #117

Wow... I had stepped away from this thread, and it derailed once again... I know i said i'd step away, but when faced with this much misinformation, i couldn't help myself and add yet another reply. I've read the last ~10 replies and tried to correct the errors.

From now on, i'm going to start putting people on ignore that post nonsense.

Every block mined comes with a gas fee which determines the speed and verification of the transaction made. Putting 0 as a transaction fee means no block is mined, hence no transaction can be made. Also, service providers which include the wallet developers and exchange developers earn from these transaction fees.
You're mixing up bitcoin and ethereum. Gas fee = Ethereum terminology
Next to this, creating a transaction with 0 fee has no effect on the miners, they'll mine empty blocks (only including the coinbase transaction) if they have to. Also, it's possible to make a transaction with 0 fee, as i've proved many times in this very thread. Wallet and exchange developers do NOT make money on the transaction fees, exchanges usually charge deposit, exchange and withdrawal fees, but that's usually completely offchain.

I don't think that it would be possible because the fess goes to the block mined and thats where the transaction is made --snip--
Nope... The user makes a transaction, broadcasts it to a node, which relays it to more nodes untill it reaches a node run by a miner. A miner just collects those transactions, verifies them (again) and adds them to the block he's trying to solve (at least, if it makes economical sense for him to do so... Blocksize is limited)

--snip--
Hmm, as far I know is impossible to send BTC without transaction fees. Every wallet you are using requires you to pay some amount of BTC for fees if have to do a transaction. Maybe you can decrease the transaction fees on some wallet like Bitcoin Core but it makes your transaction speed slower...
If you use the console of bitcoin core, you can do whatever you want (fee-wise). Even 0 fee


I've heard of Bitcoin Zero Fee before. Nowadays, it's not possible. Before, because there were fewer people playing Bitcoin and the volume of transactions was not large, the developers of Bitcoin had no fees to survive. Later, more people playing Bitcoin were packaged by miners, so they had to pay the fees. This is a process of development.

Nope... The fees are NOT payed to the developers. A miner can add the sum of the fees of all transactions he put in the block he's trying to solve to the current block reward funding his own address. The developers get nothing

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January 28, 2019, 08:59:07 AM
 #118

It is not possible to do that.
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January 28, 2019, 09:17:13 AM
 #119

I also got a payment transaction with 0 fees, the transaction made me wait a long time and finally confirmed by the network, maybe it was a few years ago and for now until later I think it won't be possible to do bitcoin transactions without fees

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January 28, 2019, 12:00:45 PM
 #120

It used to be possible to send btc with 0 fees. (2012 2015 and before)


https://twitter.com/random_walker/status/731872416629202945

I am not sure about this but the reason why we can't do that anymore is probably miners don't accept these transactions. You can still set your fee to sub satoshi levels and it'll get a confirmation though. Surprisingly they still accept those.

The chart you posted shows that it is technically possible to send a Bitcoin transaction with the output BTC amount which is equal to the input BTC amount. In fact, this possibility depends on the current number of pending transactions. Nowadays many people transfer BTC coins to each other, so miners tend to accept transactions with a high fee in the primary order.

Anyways, Bitcoin transaction fees are currently not very high as was the case in January 2018, so it is easy enough to pay such cheap commissions.
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