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Author Topic: Somebody paid $310,000 in transaction fee to send 0.1eth  (Read 939 times)
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February 20, 2019, 03:34:33 AM
 #41

When you are at the beginning in this area everyone has made a similar mistake, but with very low money figures, making a mistake like that can cost not only the job but the whole career. care must be taken when transferring a sum of money similar to this. The mistake is not of the worker according to us, but of who gave him that job. You can not manage transactions that do not give you the certainty of being able to do them. Huh
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 20, 2019, 07:48:39 AM
 #42

I still don't understand why it might happen, Maybe this is an ETH error or some other reason. I have never seen such a strange thing since I joined this market and know ETH

this is simply what happens when people decide to use applications that are not safe and are not reviewed. sometimes it is due to their own messing up with the code where they unknowingly introduce bugs trying to do strange stuff and as a result end up losing a lot of money.

since this has happened more than once, it is definitely a broken wallet/application that is sending these transactions like this because it has a bug.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 20, 2019, 07:52:57 AM
 #43

i don't think a boss would let his assistant handle a wallet that has more than 2000 eth in it. might be a person who mishandled the transaction due to mistyping by himself. and i dont think he is a newbie considering the amount of eth he had.
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February 20, 2019, 08:21:45 AM
 #44

Oh dear, this is an extremely expensive mistake. To be frank, I don’t really check the transaction fees after setting gwei, but I do check wallet address I am sending ETH which I think is important. After this incident, I will check on transaction fees as well.
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February 20, 2019, 08:26:17 AM
 #45

I think that user interchanged the fee and sent amount value,which caused a lot for them. Shocked

Pity for that one,when people are in hurry or don't know what they were doing they will get chance of losing huge so people need to have wallet with default fee to avoid these issues.









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February 20, 2019, 08:28:39 AM
 #46

   It`s not everything like it looks like. I`m reading some people blogs, they done their homework. This is not the first time,
same happened several times before with same address. It`s some miner probably doing something, there are few scenarios,
nobody is 100% sure what is happening.
   I don`t believe that someone paid so much for transaction. It`s very hard to happen to someone who have that much
Ethereums, how he can be so stupid.



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February 20, 2019, 09:08:52 AM
 #47

Thats gotta hurt, Was it done on purpose or by accident or ignorance?
Could have been done by a disgruntled employee on their last day on
the job....then again why not just send the 2100 eth to your own address,
Bizzare

Nice round number though

Maybe it should have been the other way around, send 2100 with 0.1fees
Grin Grin Grin I see only this explanation of this act.Make a mistake in this situation is very difficult,almost impossible.To do this you need to be or under the influence of drugs or be completely drunk.In this situation, to be honest, there are more questions than answers. Let's see if this user may appear on the forum and write what really happened.I'm honestly still in shock.
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February 20, 2019, 09:17:22 AM
 #48

Honestly I didn't even know that it is possible to supply such fuel value to make the transaction ! It was a total mistake of the wallet owner !

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February 20, 2019, 09:27:08 AM
 #49

Lol, they might be wanted to pay the miners because nowadays miners couldn't get rewards as they expect on this year.
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February 20, 2019, 09:30:57 AM
 #50

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
 Roll Eyes
https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab


Yeah I saw this yesterday, at first I thought it was just a joke until I saw the wallet. Is it that it was a foolish mistake or the person just has a bad luck? But isn't allowing such a transaction harsh?

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February 20, 2019, 09:50:59 AM
 #51

well, that's a kind of such unworthy transaction lol.  He must be wanted to send the 310k worth of eth with 0.1 eth as the fee but they change it due to miss looking.
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February 20, 2019, 10:15:36 AM
 #52

  It`s not everything like it looks like. I`m reading some people blogs, they done their homework. This is not the first time,
same happened several times before with same address. It`s some miner probably doing something, there are few scenarios,
nobody is 100% sure what is happening.
   I don`t believe that someone paid so much for transaction. It`s very hard to happen to someone who have that much
Ethereums, how he can be so stupid.


The amount is too high to be a mistake, it's not about adding one or two zeros by mistake. The miner theory is plausible, the question is why a miner would do that taking the risk of another miner taking the transaction and those fees.
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February 20, 2019, 10:21:46 AM
 #53

Thats gotta hurt, Was it done on purpose or by accident or ignorance?
Could have been done by a disgruntled employee on their last day on
the job....then again why not just send the 2100 eth to your own address,
Bizzare

Nice round number though

Maybe it should have been the other way around, send 2100 with 0.1fees
Grin Grin Grin I see only this explanation of this act.Make a mistake in this situation is very difficult,almost impossible.To do this you need to be or under the influence of drugs or be completely drunk.In this situation, to be honest, there are more questions than answers. Let's see if this user may appear on the forum and write what really happened.I'm honestly still in shock.
Yeah right, since it's clearly been seen if ow much the value of ETH he used, there's something wrong or a wild mistake that has
been committed, I'll be more than happy to read if ever that person will show up and admit or explained what happen to that
particular mistake that he committed.

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Nekoma2018
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February 20, 2019, 10:33:34 AM
 #54

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
 Roll Eyes
https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab
I saw this on the news yesterday... this may just be a developer bug on the ethereum network..  Why would anyone wanna temper with the recommended gas fee given by the wallet address?? It's just not right... there may be more to this story
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February 20, 2019, 10:39:33 AM
 #55

Wow, what a great loss to this transaction. I think there is really nothing good here that happen. This is a very bad day I guess a newbie doing a experiment transaction that relatively failed due lack of knowledge and understanding about how transfer of coins or tokens work.
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February 20, 2019, 11:08:15 AM
 #56

what the fuck? he really didn't see that big transaction fee? what a big loss for him, I think he was drunk that time maybe he just tried to set the fastest transaction. Grin

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February 20, 2019, 02:24:28 PM
 #57

My be he is unknown person who is sending ETH ,in my point of view he was setting gas price that is default 21000 and new version of ETH is also reason the mistake.

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February 20, 2019, 02:43:28 PM
 #58

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
 Roll Eyes
https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab
This is crazy I think its a huge mistake and the person who send those transaction is in deep trouble now, if he just an employee. But what if the person who send those transaction is the big boss herself hes in vain now im sure.
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February 20, 2019, 03:07:22 PM
 #59

he got one job and really mess it up. this guy really need a glass of coffee. he probably use myetherwallet new interface and got confused when he set gas fee.
ETH upgrade fork should include a change of fee limit on ETH, so unwantted accident like this not repeated again.
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February 20, 2019, 03:57:57 PM
 #60

Dude probably meant to send 2100 eth and pay 0.1 as the transaction fee but mistook the places in between. This has happened multiple times in many coins before, people keep doing the same mistake, thankfully that money is not going to waste, the miners who take the fee's take that money so its still in circulation and not lost but we need to find a way to fix this.

For example, a blockchain that basically stops people from sending too much money as a fee would be a good option, think of ethereum and when you want to send money blockchain declines anything over 1 eth for transaction fee? That would be super cool but I am not a developer so I don't know how it could be done.

That would prevent stuff like these to happen and we would be at least ease in mind about our transactions and making mistakes like this.

.
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