Sending without transaction fees

[Q7]

If you really need to test it out, one of the ways to do it is to use electrum wallet which allows you to adjust the fees. But I wouldn't move to that and take that kind of risk. The transaction might be stuck for days which happened before to me before. And also paying the standard 0.0001 fee might not be a bad thing after all. It's still very cheap compared to the other money transfer options. 

[neoneros]

How is it that some people are able to send low fee transactions and get faster confirmations? I have received couple of transactions in the past where the sender sent with fee as low as 300-400 satoshi and they got confirmed within a few minutes. And I always add 10k Sats miner fee at-least yet my TXs take a long time to confirm.

It has to do with the size of the transaction, the amount is made up of parts of other blocks to meet the value, if it is put together with a lot of small amounts the size in kb is bigger then when it is put together by bigger chunks.

[najzenmajsen]

If you send an transaction without a fee , it will work. However its gonna take shitload of time , and you should pay at a minimum a 10k sat fee for fast transactions.

[Gisado]

This lucky tx got confirmed after 5 hrs and 40 mins. lol

[fildza]

That depend on the size of transaction. I already try many times before and the transaction not long but not fast enough yet still confirmed

[twister]

How is it that some people are able to send low fee transactions and get faster confirmations? I have received couple of transactions in the past where the sender sent with fee as low as 300-400 satoshi and they got confirmed within a few minutes. And I always add 10k Sats miner fee at-least yet my TXs take a long time to confirm.

It has to do with the size of the transaction, the amount is made up of parts of other blocks to meet the value, if it is put together with a lot of small amounts the size in kb is bigger then when it is put together by bigger chunks.

I see. Thanks for your explanation, I understand a little about it, I guess I have to read on about TX fees in details to understand completely how it's done.

[ebliever]

i found out that it is possible to send a transaction without any fees but in fact changing the fees depend on your wallet!
my experience is if you are using blockchain.info you can easily change it to zero and send it if it is not confirmed within 2 days it will be rebroadcasted automatically until it gets confirmed.
if you are using Multibit or Electrum the only way to change the fee is to change the coding and compile the wallet again!

This is incorrect so far as Electrum goes. I'm using v. 1.9.8. In it go to Tools-->Preferences, and you will see the field Transaction Fee that you can edit. So far as I know there are no limits on what you can put there for a fee. The Help tool-tip for it does recommend a value of .0002 BTC.

[HarmonLi]

Hello,
I read many things about transfees(not be included in a block)
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?

You have to use a wallet where you can manually define which fee you want to pay. Most wallets do this automatically. Miners may decide freely which transactions they include in a block, some may thus opt to just include some free transactions, even if it reduces their chance of having the block on the main-chain slightly (transfer time of a bigger block)

[MegaHustlr]

That's true for big transactions.
Let's suppose you are sending 0.03 btc to someone , so generally you pay 0.0001 as transaction fees , but i sometimes crop it to half i.e. 0.00005 and still get same confirmation time, though it is not recommended and before you use them , Remember that they might take some days to pass

In general, paying a fee of 0.00005 per kb is the same as paying nothing. However, each miner sets their own fee policy, so some miners might choose a transaction paying 0.00005 per kb over a transaction paying no fee.

Though that might be true , but for small transaction which are mostly in bytes i never pay 0.0001 fees but 0.00005 and the confirmation time is same as other

[ikydesu]

Hello,
I read many things about transfees(not be included in a block)
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?

Whether maybe because the transaction volume?
is better to pay dust for smooth transaction


~iki

[jh0w4n1z]

dont you even want to pay 0.0001 for using a free service ? Though that might be true , but for small transaction which are mostly in bytes i never pay 0.0001 fees but 0.00005 and the confirmation time is same as other

[koelen3]

That's true for big transactions.
Let's suppose you are sending 0.03 btc to someone , so generally you pay 0.0001 as transaction fees , but i sometimes crop it to half i.e. 0.00005 and still get same confirmation time, though it is not recommended and before you use them , Remember that they might take some days to pass

In general, paying a fee of 0.00005 per kb is the same as paying nothing. However, each miner sets their own fee policy, so some miners might choose a transaction paying 0.00005 per kb over a transaction paying no fee.

Though that might be true , but for small transaction which are mostly in bytes i never pay 0.0001 fees but 0.00005 and the confirmation time is same as other

That is pretty interesting but seeing how the transaction is in bytes , it's no wonder that works .
Have you tried it for bigger transaction ?
BTW just wondering , what do you do saving 0.00005 btc ?

[jbrnt]

Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?

Every transaction has a "priority" calcuated by the value, confirmations of its inputs, and transaction size. If you mature some coins long enough and transaction size is below 1k, you can send it for free. The theory says you rest 1 btc for 1 day, you can send it for free. In practice, it's not that simple. Don't try it if you are not sure, attach a fee and have peace of mind.

[koelen3]

Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?

Every transaction has a "priority" calcuated by the value, confirmations of its inputs, and transaction size. If you mature some coins long enough and transaction size is below 1k, you can send it for free. The theory says you rest 1 btc for 1 day, you can send it for free. In practice, it's not that simple. Don't try it if you are not sure, attach a fee and have peace of mind.

If you mature some coins long enough and transaction size is below 1k, you can send it for free

Never knew this , so let us suppose if a address like this

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?

[josef2000]

I know the problem with confirmations and I can easily afford the fess, I am just curious about the fees etc.
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?

[MegaHustlr]

That is pretty interesting but seeing how the transaction is in bytes , it's no wonder that works .
Have you tried it for bigger transaction ?
BTW just wondering , what do you do saving 0.00005 btc ?

Nope! never took risks with bigger transaction as i see what happen to them.
Well! 0.00005 btc is more than what Faucets pay

[kokojie]

use blockchain.info wallet, they let you set a fee of 0

You can get away with it only if your coins are old, because the main purpose of the fee is to defeat spam. So if you rarely move your coins, you are good.

[odolvlobo]

I know the problem with confirmations and I can easily afford the fess, I am just curious about the fees etc.
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?

Miners are free to set their own policy for determining which transactions are included and which are not. Most miners follow Bitcoin Core's policy, but some do not.

[jbrnt]

If you mature some coins long enough and transaction size is below 1k, you can send it for free

Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?

The address you linked has 50btc in it and has been resting for years. It will qualify for a free transaction. It might not get confirmation within minutes, but I am sure it will eventually. It is up to the miners whether to accept transactions with no fees. Most do.

[bitllionaire]

I have done it some times but you have to be careful with dust transactions, I wouldn't do it with high amounts, it is risky