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Author Topic: 0.2 FEE!!!! ? am i missing something?  (Read 12001 times)
BowieMan
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August 09, 2014, 05:55:17 PM
 #241

did i just lose a .2btc transaction because the fee was set at .2btc?

Aww man, I'm so sorry reading that!! Things can be confusing in advanced settings, yeah... Better just stick to the regular send-feature! I once almost screwed up with those long Bitcoin addresses. Mixed up a few numbers or letters. It was already pretty late and I was out partying!
It is really not possible in practice to mess up typing a BTC address. Your wallet program would likely not allow it, as if you make a typo it would most likely show up as being an invalid address. What could happen, and does somewhat frequently happen is you could copy the incorrect address to send the funds to. This is a similar but different problem that the OP had, as the OP setup the TX so too big of a fee would be given to the miners.
I think the OP's situation is an important lesson of the importance of attention to detail when using BTC.

Yeah it's those little things that people who know Bitcoin and know how to use it don't get. The normal person on the street wants something to be easy and safe. If it was possible to pay more than you intended to pay with your Credit Card, people would freak out as well!

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DannyElfman
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August 09, 2014, 05:57:24 PM
 #242

did i just lose a .2btc transaction because the fee was set at .2btc?

Aww man, I'm so sorry reading that!! Things can be confusing in advanced settings, yeah... Better just stick to the regular send-feature! I once almost screwed up with those long Bitcoin addresses. Mixed up a few numbers or letters. It was already pretty late and I was out partying!
It is really not possible in practice to mess up typing a BTC address. Your wallet program would likely not allow it, as if you make a typo it would most likely show up as being an invalid address. What could happen, and does somewhat frequently happen is you could copy the incorrect address to send the funds to. This is a similar but different problem that the OP had, as the OP setup the TX so too big of a fee would be given to the miners.
I think the OP's situation is an important lesson of the importance of attention to detail when using BTC.

Yeah it's those little things that people who know Bitcoin and know how to use it don't get. The normal person on the street wants something to be easy and safe. If it was possible to pay more than you intended to pay with your Credit Card, people would freak out as well!

Sure, but BTC is more like cash. Irreversible.

if you drop a stack of 100$ notes when going out, they are gone.

If you pay someone too much and he is not cooperative, the money is gone.

I don't see the harm, but yes, everything could be more user friendly!

This spot for rent.
BowieMan
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August 09, 2014, 06:04:24 PM
 #243

did i just lose a .2btc transaction because the fee was set at .2btc?

Aww man, I'm so sorry reading that!! Things can be confusing in advanced settings, yeah... Better just stick to the regular send-feature! I once almost screwed up with those long Bitcoin addresses. Mixed up a few numbers or letters. It was already pretty late and I was out partying!
It is really not possible in practice to mess up typing a BTC address. Your wallet program would likely not allow it, as if you make a typo it would most likely show up as being an invalid address. What could happen, and does somewhat frequently happen is you could copy the incorrect address to send the funds to. This is a similar but different problem that the OP had, as the OP setup the TX so too big of a fee would be given to the miners.
I think the OP's situation is an important lesson of the importance of attention to detail when using BTC.

Yeah it's those little things that people who know Bitcoin and know how to use it don't get. The normal person on the street wants something to be easy and safe. If it was possible to pay more than you intended to pay with your Credit Card, people would freak out as well!

Sure, but BTC is more like cash. Irreversible.

if you drop a stack of 100$ notes when going out, they are gone.

If you pay someone too much and he is not cooperative, the money is gone.

I don't see the harm, but yes, everything could be more user friendly!

Yeah, sure. But that's exactly the thing. People want the security that Credit Cards offer them. I think they also still just have to learn to be more careful when it comes to Bitcoin. They shouldn't believe everyone and just send BTC to some address.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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DannyElfman
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August 09, 2014, 06:05:55 PM
 #244

did i just lose a .2btc transaction because the fee was set at .2btc?

Aww man, I'm so sorry reading that!! Things can be confusing in advanced settings, yeah... Better just stick to the regular send-feature! I once almost screwed up with those long Bitcoin addresses. Mixed up a few numbers or letters. It was already pretty late and I was out partying!
It is really not possible in practice to mess up typing a BTC address. Your wallet program would likely not allow it, as if you make a typo it would most likely show up as being an invalid address. What could happen, and does somewhat frequently happen is you could copy the incorrect address to send the funds to. This is a similar but different problem that the OP had, as the OP setup the TX so too big of a fee would be given to the miners.
I think the OP's situation is an important lesson of the importance of attention to detail when using BTC.

Yeah it's those little things that people who know Bitcoin and know how to use it don't get. The normal person on the street wants something to be easy and safe. If it was possible to pay more than you intended to pay with your Credit Card, people would freak out as well!

Sure, but BTC is more like cash. Irreversible.

if you drop a stack of 100$ notes when going out, they are gone.

If you pay someone too much and he is not cooperative, the money is gone.

I don't see the harm, but yes, everything could be more user friendly!

Yeah, sure. But that's exactly the thing. People want the security that Credit Cards offer them. I think they also still just have to learn to be more careful when it comes to Bitcoin. They shouldn't believe everyone and just send BTC to some address.

But the extra service that CC offer can just be offered using a service provider. In the background you could still use BTC.

Look at XAPO for example. Sure they fucked up by having such high fees, but that model is basically everything you said is missing from BTC.

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DumDumz
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August 09, 2014, 06:14:20 PM
 #245

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info

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August 09, 2014, 06:28:58 PM
 #246

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

DannyElfman
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August 09, 2014, 07:34:41 PM
 #247

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!

This spot for rent.
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August 09, 2014, 08:36:32 PM
 #248

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!
It has a small percentage of the hashrate when compared to most pools. AFAIK no one really knows the identity behind the address.

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Mobius
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August 09, 2014, 09:43:16 PM
 #249

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!
I don't think it is quite famous enough so that most people know who it belongs to. If you look on blockchain.info it says "unknown ...address" so they don't really know who it belongs to.

This is a stretch but the OP could send a .0001 TX to the address with a message asking the owner of the address to contact him, it is a long should and the OP would likely get a lot of spam but IMO it is worth a shot.
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August 09, 2014, 09:53:08 PM
 #250

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!
It has a small percentage of the hashrate when compared to most pools. AFAIK no one really knows the identity behind the address.

It has 6% now and had around that rate for weeks now (even months if the found links are correct)

This spot for rent.
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August 10, 2014, 05:45:29 PM
 #251

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!
It has a small percentage of the hashrate when compared to most pools. AFAIK no one really knows the identity behind the address.

It has 6% now and had around that rate for weeks now (even months if the found links are correct)
Even a 5% or a 6% hashrate is pretty small. The fact that they are essentially solo mining likely means that they wish to remain anon and value their privacy. I would say that they are likely mining for financial reasons as opposed to an interest in BTC or wanting to help the network. Looking at the address history I do see some inputs that are from the ghash mining address so it is possible that they are mining on ghash as well. The OP could contact ghash to see if they can try to get contact info for the address, but I think that would be a long shot at best as ghash also values privacy.
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August 10, 2014, 05:48:09 PM
 #252

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

If it is unknown, it's most likely ASICMiner that mined the block. They're currently ramping up tens of PH/s new hashing power in order to capture 20% of the total network! I think they're solo-mining on secret new addresses, therefore we don't know that it's them by now. He should try and contact baked cat.

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August 11, 2014, 04:18:51 AM
 #253

I've sort of let it go for now, once i get another few minutes to follow up on this mistake of mine I will, but like others said, i could earn it back faster than tracking it down. realistically i have enough time to earn it back and track it down MotherF*krs!!! Sry its late..

This thread is fascinating, I am shocked at the response it has received.

I have contacted ghash, they responded with a "we dont know, sorry, wish we could help you further but we cant good luck"

as for bitfury, still no response.

As for others I have yet to contact.

And can someone elaborate a bit more on how I send a small tx with a message to the miner who mined that block... My understanding of bitcoin says that is nearly impossible but I am no expert..

I will say this, it would be cool as heck if i got it back, but I have lost and made hundreds of thousands of dollars in my life, so this is just one more little lesson a long the way.

Thank you guys for such an overwhelming response...

Now if any of you would like to help a lost cause.... 19E8Jx1adTUbonp3Y3RAGXgkDjkiW32Cif   Wink Wink Wink Wink
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August 11, 2014, 04:21:34 AM
 #254

I doubt it will do you any good, but please post here just in case: https://bitcointalk.org/index.php?topic=733875.0

ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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August 11, 2014, 05:04:49 AM
 #255

This is one of the more interesting threads on this board.   This shows how mining can be extra profitable at times Smiley
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August 11, 2014, 08:53:28 AM
 #256

i dont understand how to find the block, the miner, and then contacting them assuming i acquire all this info
There is no real way to find the miner. The miner in question sent the blockreward to an "unknown" address so no one really knows which pool the block was mined on; it was probably someone who was solo mining with a lot of hashpower.

This address is very famous, as it has a big chunk of the network hash. The guesses in the forum are pretty educated and if OP does contact them and proves he is holder of the private key, there is a good chance he gets it back!
It has a small percentage of the hashrate when compared to most pools. AFAIK no one really knows the identity behind the address.
Yep compared to pools but still enought % of blocks and hash to become multi-milionare.
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August 11, 2014, 10:56:32 AM
 #257

It's not known who controls it so it's probably meant to be as anonymous as they can be. Revealing their identity to give someone's 0.2 back is probably not going to happen.
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August 11, 2014, 11:06:10 AM
 #258

It's not known who controls it so it's probably meant to be as anonymous as they can be. Revealing their identity to give someone's 0.2 back is probably not going to happen.
Well it may really be bitfurys one but yep they want it anonymous if they don't answer.
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August 11, 2014, 11:54:00 AM
 #259

The receiver still got those 0.2 but you paid 0.2 from elesewhere to make it go through. That sucks man sorry.
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August 11, 2014, 12:10:16 PM
 #260

The receiver still got those 0.2 but you paid 0.2 from elesewhere to make it go through. That sucks man sorry.

No, the receiver got 0.0001. The amount that was supposed to be the fee.
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