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[Evil-Knievel]

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[1715488532]

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[Evil-Knievel]

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[cedivad]

Why the heck not?
Posted from Bitcointa.lk - #Utq9WvZbhe5wBitG

[Evil-Knievel]

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[Remember remember the 5th of November]

You claim to have found flaws in the Bitcoin protocol, but don't know how the Bitcoin-Qt client works?

[GoldenWings91]

Options -> Display -> enable coin control

Hands down one of the best features of Bitcoin Core Wallet.

[BitCoinDream]

Options -> Display -> enable coin control

Hands down one of the best features of Bitcoin Core Wallet.

So u r saying Gavin & Luke-Jr are doing a fantastic job

[franky1]

Why the heck not?
Posted from Bitcointa.lk - #Utq9WvZbhe5wBitG

Well, the standard setting (i have found in Bitcoin 0.9.0) is "Set fee always = 0".
I find it really dangerous as we all know how long transactions without fees may get "lost" in limbo.

not paying a fee is dangerous. OMG, seriously dude change your mindset

if you add up all the 'fee's of transaction in any given block.. it usually totals less then 0.25btc

mining pool owners take atleast % of total income. so basically fees are paying mining pool owners. and as such fee's are not paying mining costs. its just a greedy bonus..

so i am glad that no one is forced to pay a fee anymore. and that as DECADES go by, fee's can be voluntarily added to transactions. again WE DO NOT AND SHOULD NOT consider fee's as mandatory and necessary to ensure bitcoin mining continues. thats like farmers getting a taxpayers subsidy to farm, purely so that shops can get cheap produce. at a cost to customers paying a premium both in tax and retail purchases. which many agree is a wrong business plan for the farming industry

every 10 minutes 25 bitcoin are mined.. thats over $14k every 10 minutes or $84k an hour.
if this is not enough for greedy miners, then they should stop selling so damned cheap and start allowing the price to rise naturally to get to a price they are happy to sell at.

miners are selling too fast to keep the price at reasonable levels and then they want/demand fee's to compensate them for their impatient decisions to sell too cheap.

so if i read anyone saying fee's are necessary or say its dangerous not to pay, then those people simply are: impatient, selfish, greedy and i hope they stop mining.
customers, average people dont want fee's, and the reward for mining (the 25btc) is more then adequate, the problem as i said before is that miners are selling too soon and too cheap. ruining the bitcoin price and the idea of bitcoin 'nearly free transactions'

-rant over -

[Foxpup]

Are you trolling, or just retarded? Every version of Bitcoin-QT defaults to zero fees for high-priority transactions. This has always been the case and is nothing new to 0.9. Now go away before you embarrass yourself further.

[Evil-Knievel]

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[DeathAndTaxes]

Are you trolling, or just retarded? Every version of Bitcoin-QT defaults to zero fees for high-priority transactions.

Yup.  Absolutely nothing new in v0.9 on this front.  Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).  How long it takes for a miner to include a tx in the next block at 0 BTC, 0.01 mBTC or 0.1 mBTC has always been up to the miner not the client.

[DannyHamilton]

Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).

I thought I read that 0.9.0 still used 0.1mBTC per kilobyte for creating low priority transactions, and that the new 0.01mBTC fee was simply for relaying transactions that were received from other peers (transactions that would have to have been created with some other means).

Was I mistaken in understanding what I read?

[DeathAndTaxes]

Now low priority tx are still required to pay a fee and that hasn't changed (although the min has been reduced to 0.01 mBTC (from 0.1mBTC).

I thought I read that 0.9.0 still used 0.1mBTC per kilobyte for creating low priority transactions, and that the new 0.01mBTC fee was simply for relaying transactions that were received from other peers (transactions that would have to have been created with some other means).

Was I mistaken in understanding what I read?

No you are correct.  I was unclear.  IIRC a future version will drop the create limit to the relay limit.  We need solid relay support in the network before it is wise to make creation of new tx at that fee level so relay support always comes before creation support in the network.

[Foxpup]

Maybe I am just retarded, but I can recall that earlier versions had some positive value in the "transaction fee settings dialog" (contrary to what can be seen in above screenshot). Didn't they?

No. If they did, it's only because you changed it, in which case the new version will also use your changed setting.

[PolarPoint]

I don't use the qt client. Takes too long to sync. But dropping fees to 0.00001 is a good step forward

[JavaCoder]

The fee was ok which was 0.0001BTC before , no need to cut it down.

[fsb4000]

The fee was ok which was 0.0001BTC before , no need to cut it down.

zero fee better than 0.0001BTC   

[softron]

I will sending on blockchain.info without fee to see if it confirms. It seem better since they stoped letting people spend unconfirmed coins.

[zvs]

I will sending on blockchain.info without fee to see if it confirms. It seem better since they stoped letting people spend unconfirmed coins.

it will confirm if it's a priority transaction

if it's not, it won't for a very long time

i also think the old .0001 fee was fine... 6 cents? Wtf

[Foxpup]

Seems like some Ubuntu Problem, as I can confirm the 0.00000 fee setting in an older version (installed from the ubuntu repository too.
On a completely different computer.

Don't you think you should have confirmed that before you started this ridiculous thread? And what does it have to do with Ubuntu, anyway? The default fee is the same regardless of what operating system you use.