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Author Topic: High transfer fee of a transation  (Read 1069 times)
cherico@gmail.com (OP)
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November 23, 2014, 11:00:53 AM
 #1

Days ago I transferred 1BTC but there was another 0.25BTC transferred from my wallet to an address I do not know.

If there is any way to tell if the 0.25BTC is the transfer fee or not? It seems quite high.

The detail transaction can be seen from https://blockchain.info/tx/5ef62754afe629beb5ee724cffb10fd868403f675bdd214921314de498079303
shorena
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No I dont escrow anymore.


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November 23, 2014, 11:10:55 AM
 #2

TX fee is not paid that way. The fee is (sum of inputs) - (sum of outputs)

Its change, depending on the wallet/service you use its a newly generated address under your control or an old one.

Im not really here, its just your imagination.
cherico@gmail.com (OP)
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November 23, 2014, 11:15:58 AM
 #3

TX fee is not paid that way. The fee is (sum of inputs) - (sum of outputs)

Its change, depending on the wallet/service you use its a newly generated address under your control or an old one.

then what happened to this transaction? if bitcoin in my wallet is still safe? I just have no idea.
shorena
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November 23, 2014, 11:24:41 AM
 #4

Yes your coins are still safe and your wallet has the private key for 1Gv8BwKX9sLusY65DBiJbFL4wBffHPFuG4

A good indicator for this is if your balance is what it should be, as in -1 and not -1.25...

Which software are you using?


Edit:

The way bitcoin works is that you have to spend each input entirely. You can think of it as lumps of gold. In the past you got a 1.25 btc lump. If you want to spend parts of it, you have to melt the whole 1.25 btc and create new lumps. One with 1 btc for the other party and the rest .25 for yourself.
I rounded and ignored fees in this example in order to make it easier to understand.


Im not really here, its just your imagination.
Meuh6879
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November 23, 2014, 11:32:57 AM
 #5

don't use virtual wallet.  Roll Eyes (outrasious fees)
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