Another mistake in Bitcoin fees?

[aesma]

i don't think it will be returned. even solo miner will not return it. not even a pool.

-snip-

There is still a chance. At least to split the loss.
Just like what this ethereum user did last year.
https://cointelegraph.com/news/ethereum-user-who-accidentally-paid-365-000-fee-splits-loss-with-mining-pool-sparkpool

I guess if the mistake is that huge you can involve lawyers and attack the mining pool, then try and negotiate something like that. Not sure it would be worth it for 2,5BTC though, these damn lawyers are expensive.

[pooya87]

Pretty suspicious indeed, those outputs were each funded with different transactions but same patterns, I got bored following the funding which took at least two weeks prior to this, at least 30-40 hops for each of them, either money laundering or a tumbling script that went wrong?

i tried to go through the input/outputs but couldn't make any solid conclusion. i think the "tumbling script gone wrong" is a pretty good guess though.

I'm not all to familiar with how fees are setup in clients, and I usually don't care setting a higher fee, but on this size would it be possible the user was trying to put a decimal fee and confuses the . and , in his client?

it is not possible to say without knowing the tool that was used to create, sign and broadcast this transaction. if this was done manually using any of the good wallets they would have received a warning and possibly even were prevented from sending the transaction with such high fees. however, if the wallet was terrible and had dumb bugs it is possible to see such issues.

but bugs like this are more possible in automatic systems where a script signs and broadcasts the tx itself.

[jerrison]

As of today looks like someone has just made another mistake on sending his/her Bitcoin, s/he has apparently paid around 2.66BTC ($47) in fees to send a 0.01088549BTC ($194) transaction.

Txid

Code:

3ba0c9eaf3185898164518cda7e3433d1d2049188d737f2b2a7e188aaeb8b4de

Sources:
[1] https://decrypt.co/48730/bitcoin-transaction-mistake-47k
[2] https://twitter.com/BtcBlockBot/status/1329073154581381130

People should always verify transactions before sending as they already know the technology is irreversible and no one can return or recall the transaction for them adn it is also not for these kind of conditions that a 51% DOS attack can be initiated. If one is pretty new, he should consult people who are knowledgeable in the technology.

[nebuch]

Things might happen in cryptocurrency. Better to be cautious always by doing transactions to avoid mistakes as much as possible. Once the token sent to a wrong address, it is not reversible. Anticipation is better than impulsive actions. I think, in that case the sender did it intentionally.

[imstillthebest]

They are years old repetitive but what s the trick?

1- Block rewards & fees are "clean money".
2- you can "privately" mine any transaction, including your own that you wouldn't have broadcasted. Once you are first on a block you publish it with your transaction and you "keep" the fees, and have a lot of "clean" bitcoin

i see so it isnt an accident but they are doing this for a reason . it was like cleansing the coins simillar to what can a mixer do but can this be better than using a mixer ? but the steps looks complicated and need to be an advanced users for someone to initiate it .

i think this was the second time i witness a trick like this and that was from eth before where sender also send millions worth of eth  .

[asche]

i tried to go through the input/outputs but couldn't make any solid conclusion. i think the "tumbling script gone wrong" is a pretty good guess though.

I'm wondering if setting high fees on purpose would be a good way to actually tumble funds. After all you can still follow the fee to the miner, right?

[bitterguy28]

As of today looks like someone has just made another mistake on sending his/her Bitcoin, s/he has apparently paid around 2.66BTC ($47) in fees to send a 0.01088549BTC ($194) transaction.

Txid

Code:

3ba0c9eaf3185898164518cda7e3433d1d2049188d737f2b2a7e188aaeb8b4de

Sources:
[1] https://decrypt.co/48730/bitcoin-transaction-mistake-47k
[2] https://twitter.com/BtcBlockBot/status/1329073154581381130

Like what some says it is a Exchange wallet and maybe confident about all the transactions they did in the past so wasn't checking the fee every sending.

Good for the Miner that this happen so income is just there without doing nothing 

Hope that the miner has a good heart and send back at least Half of the mistaken fee though i doubt that there is happening like this.

[CaVO32]

i tried to go through the input/outputs but couldn't make any solid conclusion. i think the "tumbling script gone wrong" is a pretty good guess though.

I'm wondering if setting high fees on purpose would be a good way to actually tumble funds. After all you can still follow the fee to the miner, right?

So no one here yet has the solid conclusion about what happened to this transaction? Can we trace the address to exchange wallet and identify which exchange is the culprit? Because when I first read the OP, what I thought was the first speculation of pooya that this might be intentional, for whatever reason. And so, in my mind, this is not a mistake.

[markcolls]

lmao

i just made a trade paying 1 sat/B fees.

[aarif123]

This is very sad to know there are so many new people in this industry who are doing first time transaction using bitcoin so that's why they are making mistakes like this one I will highly recommend to learn sending and receiving bitcoin before making actual one

[bitcoin31]

There is some people are making mistakes about the fees they are confuse maybe on tht they when they send a coin.
But the fees is very high amount count to hink of it you pad few bitcoins for the few amounts of dollars .
I hope no more sender will do mistakes about transaction fees because we are talking about huge money once you do a mistake it will never you get that again .

[carlisle1]

how do you know that this is a mistake and not intentional?

i am always skeptical about these cases being a "mistake". all wallets that i have seen already have a good way of warning the user of "absurdly high fees" to prevent mistakes like this one. they look more like bribes to miners or possibly even a money laundry case although a pretty bad one at that.

So for some posts related to this in the past that i thought it is a mistake,now it is clear that all is intentional?how great these people are of either bribing or laundering the money pretending to be a mistake considering that this transaction comes from exchange.

This is very sad to know there are so many new people in this industry who are doing first time transaction using bitcoin so that's why they are making mistakes like this one I will highly recommend to learn sending and receiving bitcoin before making actual one

it is not a newbie in transacting and if you will only read the first page of this thread you will find suspicious activities behind this transactiob.