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Author Topic: Tranasaction uncomfirmed for >24 hours  (Read 975 times)
wachtwoord
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May 22, 2012, 06:01:36 PM
 #1

Hi,

Yesterday I received a 0.6 BTC donation for www.cam4btc.com (http://blockchain.info/address/1cam4btc) however thus far it still has zero confirmations. This is the first time this has happened to a transaction I am involved with and I don't understand the reason. I also don't understand why there is such an enormous fee on it (0.5 BTC for a 0.6 BTC transaction : http://blockchain.info/tx-index/6409332/064103ef214d7e5db19e5fe15345868db96fd6abee2d18c25181ff058234396a) which makes it even more unlikely the network wouldn't rush to accept it.

Can anyone explain what's going on?

Thanks


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mb300sd
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May 22, 2012, 06:34:12 PM
 #2

Hi,

Yesterday I received a 0.6 BTC donation for www.cam4btc.com (http://blockchain.info/address/1cam4btc) however thus far it still has zero confirmations. This is the first time this has happened to a transaction I am involved with and I don't understand the reason. I also don't understand why there is such an enormous fee on it (0.5 BTC for a 0.6 BTC transaction : http://blockchain.info/tx-index/6409332/064103ef214d7e5db19e5fe15345868db96fd6abee2d18c25181ff058234396a) which makes it even more unlikely the network wouldn't rush to accept it.

Can anyone explain what's going on?

Thanks


Might have been a double spend. Have you checked to see if the inputs have been spent elsewhere?

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
wachtwoord
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May 22, 2012, 06:37:05 PM
 #3

This is the only outgoing transaction from the originating address: http://blockchain.info/address/1DyajsEdN1sHGhN6jnX55FYpzRavhNXpXB

Also this is a donation, and double spending donations seems rather stupid Cheesy

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May 22, 2012, 06:50:51 PM
 #4

I looked at it and all the input transactions…I have no explanation either, everything as reported by blockchain.info looks fine.  Bear in mind, blockchain.info could have bugs.  I wonder if perhaps the clients consider this to be a "spammy" transaction for some reason.  

(gasteve on IRC) Does your website accept cash? https://bitpay.com
MoonShadow
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May 22, 2012, 06:57:16 PM
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I looked at it and all the input transactions…I have no explanation either, everything as reported by blockchain.info looks fine.  Bear in mind, blockchain.info could bugs.  I wonder if perhaps the clients consider this to be a "spammy" transaction for some reason. 

If it has a lot of input transactions to create this one output transaction, that would explain the high fee, but as long as the fee was actually paid there shouldn't be any trouble getting it into a block.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Maged
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May 22, 2012, 07:37:43 PM
 #6

Umm... Maybe contact Piuk and ask him to rebroadcast the transaction? With that kind of fee, there's literally no reason this should be rejected. Blockexplorer agrees that no input has already been spent.

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May 22, 2012, 08:46:14 PM
 #7

Umm... Maybe contact Piuk and ask him to rebroadcast the transaction? With that kind of fee, there's literally no reason this should be rejected. Blockexplorer agrees that no input has already been spent.

Well, if blockexplorer has the transaction, everyone else should as well.  This is quite the mystery

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
wachtwoord
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May 22, 2012, 08:51:51 PM
 #8

Sooo miners, want to make a high transaction fee? Include the transaction! Wink

Would contacting the original donator help? I don't have contact details but he told me in the chat and will be back (and I know he was telling the truth because the donation came from an address that was used as a donation address for a show. I know because I recognized the donation amounts sent to the address).

DeathAndTaxes
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May 22, 2012, 08:56:18 PM
 #9

So being curious I use getememorypool command on my bitcoind instance and that tx didn't show up.  So I used setminfee  to exclude tx w/ fee below 0.01 to make sure I didn't miss it.

Code:
E:\bitcoin\bitcoind>bitcoind setminfee 0.001
true

E:\bitcoin\bitcoind>bitcoind getmemorypool
{
    "version" : 1,
    "previousblockhash" : "0000000000000804c1b51a866ffba32d6a43696d308e954075cf3786df82cfb4",
    "transactions" : [
        "01000000015288a7aa6fdf601490096ee3d49e9b5917f1711ca2d4cdefb8b245dd126d479e000000006b483045022028e914805acf138f2
6ef0d3fbed219acb788cd47efdc1043ed224f0f0e3f426002210090ce21108b58657204e05399f6ac1858206e86b6cc7b8e8987b9d5daddf1cf4e012
1027f02d17289487b991d432472095419eb84765e50122392e3910108d6ccf37343ffffffff02c7b90f00000000001976a9145115ee62b8964052172
3fa74cffb7cf76cf50ce988ac4081ba01000000001976a91406f1b66ffe49df7fce684df16c62f59dc9adbd3f88ac00000000"
    ],
    "coinbasevalue" : 5000100000,
    "coinbaseflags" : "062f503253482f",
    "time" : 1337720353,
    "mintime" : 1337718075,
    "curtime" : 1337720353,
    "bits" : "1a09ae02"
}

So something about that tx is causing either all my peers to not relay it or causing it to not be included in the memorypool.  No idea why though?

On edit: um where do people get the idea it has a high fee? 
Total Inputs: 0.6021
Total Output: 0.06021
vuce
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May 22, 2012, 09:24:15 PM
 #10

It now doesn't have a fee anymore, but it has an output with less than 0.01 btc, which is (without a fee) considered spam under current rules?

I had this same exact problem a few weeks ago where I broadcasted such a transaction and it would show in blockchain.info but nowhere else. After a while it disappeared from blockchain.info as well.

edit: and it's gone. Smiley
wachtwoord
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May 22, 2012, 09:35:09 PM
 #11

So did the donator got his money back or did 0.6 BTC just get vaporized?

vuce
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May 22, 2012, 09:37:44 PM
 #12

So did the donator got his money back or did 0.6 BTC just get vaporized?
It's like the transaction never existed. All those inputs are still unspent. Can't say how the client will react to it though.
wachtwoord
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May 22, 2012, 09:38:37 PM
 #13

Okay cool thanks for the help everybody.

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