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Topic: 15btc transaction fee, big mistake - page 2. (Read 12683 times)

sr. member
Activity: 274
Merit: 250
January 02, 2017, 10:52:33 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !
Fees can be set manually if you desire that way you can decide if you want to add a big fee to get a very fast confirmation, or you can send a low fee if time is not really important, I think it was a mistake of someone who was new to sending bitcoins, that is why, even if you have lots of bitcoins you need to send a very low transaction first as a test.

That what I thought, maybe he little bit confused with the fee and the total amount he/she supposed to send. Or maybe he/she not really good at English. This person actually from China of I'm not mistaken. I've watched someone from YouTube talk about this huge mistake ever in Bitcoin fee transaction LOL. 😆
hero member
Activity: 1092
Merit: 501
January 02, 2017, 10:44:54 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !
Fees can be set manually if you desire that way you can decide if you want to add a big fee to get a very fast confirmation, or you can send a low fee if time is not really important, I think it was a mistake of someone who was new to sending bitcoins, that is why, even if you have lots of bitcoins you need to send a very low transaction first as a test.
sr. member
Activity: 274
Merit: 250
January 02, 2017, 09:36:53 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !


The fee is whatever is left from the inputs that is not spent. If you are using some a wallet this shouldn't happen unless there is a bug.

That what I thought , I've faced this kind of problem but not bug. There Android wallet where u can enter your own amount of fees by your own desire. So it's all manual not auto like these days. This 15 btc fee happen long time ago. Maybe 2-3 years ago if I'm not mistaken. Well sorry to hear his biggest mistake ever. Now when he look back at his mistake , I bet he can't really sleep well hehehe 😂😂

I bet he sleeps better than the poor people who mined btc back in the day and can find their wallets. I remember reading a story about someone searching through a landfill for his hard drive because it has a $1 million worth of btc on it.

Phew that alot of btc , imagine that Bitcoin by now , double or possibly triple. By the way did he manage to pull out his lost wallet in landfill lol?
full member
Activity: 224
Merit: 100
January 02, 2017, 08:43:37 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !


The fee is whatever is left from the inputs that is not spent. If you are using some a wallet this shouldn't happen unless there is a bug.

That what I thought , I've faced this kind of problem but not bug. There Android wallet where u can enter your own amount of fees by your own desire. So it's all manual not auto like these days. This 15 btc fee happen long time ago. Maybe 2-3 years ago if I'm not mistaken. Well sorry to hear his biggest mistake ever. Now when he look back at his mistake , I bet he can't really sleep well hehehe 😂😂

I bet he sleeps better than the poor people who mined btc back in the day and can find their wallets. I remember reading a story about someone searching through a landfill for his hard drive because it has a $1 million worth of btc on it.
sr. member
Activity: 274
Merit: 250
January 02, 2017, 08:16:44 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !


The fee is whatever is left from the inputs that is not spent. If you are using some a wallet this shouldn't happen unless there is a bug.

That what I thought , I've faced this kind of problem but not bug. There Android wallet where u can enter your own amount of fees by your own desire. So it's all manual not auto like these days. This 15 btc fee happen long time ago. Maybe 2-3 years ago if I'm not mistaken. Well sorry to hear his biggest mistake ever. Now when he look back at his mistake , I bet he can't really sleep well hehehe 😂😂
hero member
Activity: 644
Merit: 501
January 02, 2017, 06:46:42 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !

Well first of all it might not have been a mistake at all. It might have been some flamboyant person trying to show off their stash of bitcoins. They might be the owner of a mining pool, confident that they would mine the next block and get the rewards anyways.

Also fees can be manually set or could be automatically adjusted if you are using an online or desktop bitcoin client.

But yes, if it was a mistake $15,000 isn't a small amonut...
full member
Activity: 210
Merit: 100
January 02, 2017, 06:10:34 PM
MAy be someone made a mistake by putting 15 btc fees instead of 15 Mbtc (noob mistake ?)

How noob can someone be to spend.. umm almost $16.000 on fees? We are talking about tens of thousands here. That guy either really didn't know about Bitcoin too much, a kid played with his phone or he wanted to vanish his black money and didn't know what to do, lol. But I am almost 100% sure he didn't do it by mistake. I would be careful with every step I take if I were him.
hero member
Activity: 493
Merit: 504
January 02, 2017, 02:21:32 PM
MAy be someone made a mistake by putting 15 btc fees instead of 15 Mbtc (noob mistake ?)
legendary
Activity: 2912
Merit: 1068
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January 02, 2017, 01:43:06 PM
Wow, what a huge amount! This guy spent fortune for a fee. But how this could even happen, unless is some kind of bug. The fee is way to big for amount spent so transaction couldn't even be executed. Or am I wrong?  Anyway, this was one in a time lucky event for miners.
full member
Activity: 224
Merit: 100
January 02, 2017, 01:35:43 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !


The fee is whatever is left from the inputs that is not spent. If you are using some a wallet this shouldn't happen unless there is a bug.
sr. member
Activity: 274
Merit: 250
January 02, 2017, 12:29:33 PM
I just wondering , how can this type of mistake possible? I think fee are automatically being charged right. This is such huge huge mistake ever , I can't even imagine if that was me. Pheww. Looking at current btc price and 15 btc as fee. I'm going to shop and buy myself a rope. LoL !
hero member
Activity: 994
Merit: 544
December 30, 2016, 11:14:43 PM
This is possibly some error done by the software or by the sender. Such fees could only be possible if you send tens of thousand of bitcoins in one transaction. The miners are very lucky if they received 15 btc in one go.

This is a shocking reality in bitcoin reality and has happened once in a lifetime. This should be recorded in bitcoin history as the highest bitcoin transaction fee ever recorded.
legendary
Activity: 2296
Merit: 1014
December 30, 2016, 07:30:58 PM
Woot unbelievable, someone just spent $6300 as fees!! I feel i missed something, anyway Lucky miners...  Smiley
This should have never happen. I mean its software fault, there should be safe procedures for that.
If fee is higher than amount spent, block it Sad
legendary
Activity: 1232
Merit: 1091
December 30, 2016, 06:58:31 PM
How this happened? It must be a big mistake for the sender to type in a wrong fee. It will be the happy hour for those who got the fee, lol. Or maybe the sender has too many bitcoins and he just want to donate some to the public. Smiley

It happens because some people think they are using the test net system where they try out things, or they were trying to create a raw transaction where they messed up things. If you do it the wrong way where you select just one transaction ID, it will use the rest of your balance automatically as fee. If the rest of your balance is 0.1 BTC, then that will be the fee. If the rest of your balance is 100 BTC, then that will be the fee. That's why you must double check everything before sending.
hero member
Activity: 588
Merit: 500
December 30, 2016, 06:15:09 PM

   First I couldnt believe, then I have read all the comments, and I still cant believe in this fees. This must be some kind of manipulation like Cjmols mentioned on the beginning of this discussion.


well there's this reddit post but that's it. no refund and no owner requesting it (in public, at least.).

I wasn't even around at that time. can't find discussion about it with the owner posting in it and requesting a refund, but the address the fee was returned to wasn't a part of that tx so I think they did request it.
interesting thing is that people also suggested that it was a money laundering.

   I`m glad that some miners are good people, and if they can return this accidental fees its good explanation for couple cases, but what is with other similar cases? Can they manipulate system in that way? If they can that is very serious matter. I didnt see any logical answer why fees are so high for this people.

   Can this happen to anyone? I mean is there some wallet where this is impossible to happen?
hero member
Activity: 658
Merit: 500
May 07, 2016, 11:56:28 PM

I think it was not a mistake, kind of in intention for sending just 0.0001 btc over 200+ btc fees. He/she did it for a fantastic giveaway for miners OR maybe someone ( not the owner ) did it on purpose, kind of revenge to the owner? . Lucky miner who got the block Smiley
Yeah i think that's right sir its intentional..but we can't do trace it because bitcoin users are anonymous ,but how does that it happen when he sends a btc .
legendary
Activity: 1246
Merit: 1049
May 07, 2016, 11:44:52 PM

I think it was not a mistake, kind of in intention for sending just 0.0001 btc over 200+ btc fees. He/she did it for a fantastic giveaway for miners OR maybe someone ( not the owner ) did it on purpose, kind of revenge to the owner? . Lucky miner who got the block Smiley
hero member
Activity: 882
Merit: 500
May 07, 2016, 10:39:39 PM
The fees so high if im the sender of that bitcoin i would not using anymore in the site that he/she using. What is her/his bitcoin wallet site? I need to change my wallet so that it will never happen to me. This is Error of site or not? How about he refund hes bitcoin is that possible?

This could never happen. Is there any possible way to get back those bitcoins which were considered as the transaction charge. Is anyone heard of such incident other than this?
sr. member
Activity: 588
Merit: 250
May 07, 2016, 01:19:08 PM
Damn, so big mistake, but we all a humans and everybody doing mistakes, shit happens and next time need to chek everythig twice before confirm a transaction.
legendary
Activity: 3234
Merit: 1214
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May 07, 2016, 12:11:32 PM
That's a big mistake, these were mostly due to human error. Recently one of the Coinbase user has transacted 0.0001 with a transaction fee of 291btc.
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