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Topic: 291.2409 BTC for a 0.0001 BTC transaction . - page 2. (Read 9851 times)

sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
I would guess BitClub decided to donate one half of the bounty to the Bitcoin Foundation to appease the Bitcoin community so as to not start an uprising against them and the other half they will keep to themselves. Maybe BitClub will spread some 45 Bitcoins among their shareholders and the remaining 100 coins will go to the owners' personal Bitcoin wallet  Wink
legendary
Activity: 2436
Merit: 1561

what happened to the rest of the coins? (145btc...)

As per article:

Quote
At press time, it remains unclear which additional entity or entities received the remaining 145 BTC. Further, analysis of the transaction suggests the actual bitcoins sent to the Foundation were not those received in the original fee transaction. Representatives for BitClub were unresponsive to attempts for additional clarity.

But if I recall correctly, BitClub said they'll share a portion of that fee with their customers (those who purchased cloud mining with them).
legendary
Activity: 910
Merit: 1000

what happened to the rest of the coins? (145btc...)
full member
Activity: 140
Merit: 100
legendary
Activity: 2436
Merit: 1561
legendary
Activity: 910
Merit: 1000
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

Link to Bitclub official statement plz?

i think this will do the job:

From: [email protected]

Dear Sir,

we are currently waiting for someone to reach out to us and claim their mistake so that we can verify them and send their bitcoin back, but so far as of this posting nobody has been able to verify it.

Blockchain : https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d

Answer form : http://drive.google.com/file/d/0B7spoqTudJfWX01xdE1FYlRkQnM

Best Regards.

What am I looking at, and why is your second link asking me to download an executable?



Please provide a link to an official public statement made by Bitclub. ty.

links are from coindesk.
i have no idea what the google drive link has.
this was sent from coindesk as email.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
When they don't want to pay back then could this do enough harm for them? At least they are big so this amount is not so very huge for them like it would be for a small pool. So it's likely they really will pay back.

It is really strange that no one asked to get it back yet. It's not that someone can say that it's fine to lose it...
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
Please provide a link to an official public statement made by Bitclub. ty.


If you had bothered to follow that link you would have found this, it was sent to BitClub members thru their internal system.
As far as I am aware, there was no "official statement" per se.

Quote
BITCLUB NEWS

Record Setting Block... By Mistake!
Date: April 26th
Our mining pool got very very lucky today! We mined a block that was worth a total of 316.523 Bitcoin (about $147,000 USD) Here is the block - https://blockchain.info/block-height/409008 However, this was clearly a mistake made from a single transaction within the block that accidentally sent 291 Bitcoin as the transaction fee instead of putting it to the receiving address. We have actually seen this happen before many times but never on this scale. In fact, looking at all the blocks ever mined this may be the biggest mistake of all time. After doing some research into this transaction it seems to be a very unique transaction. Our initial thoughts are possibly a mixing service or some type of automated payment script that may have malfunctioned and put the wrong amount in the wrong place. (this is just a guess). We are currently waiting for someone to reach out and claim their mistake so we can verify them and send this Bitcoin back. But so far, as of this posting, nobody has been able to verify it. If we cannot verify the details then we are giving it all back to the Bitcoin community! We feel like this Bitcoin does not belong to us or our members and because it was a mistake made from what looks to be a pretty shady source we can use it for good if nobody comes forward to claim it. This gives us an opportunity to prove we are one of the good guys in this industry and despite the stigma of being an MLM and being in the Bitcoin space we can operate in an ethical manner for the benefit of everyone. So, here is what we are going to do... We are going to give the rightful owner 1 week to contact us and verify themselves. If nobody emerges during this time then we are going to donate the entire 291 Bitcoin back to the community or to a Bitcoin related charity. Ideally, we would like to provide a portion to Bitcoin core development, the Bitcoin Foundation, and we will be open for other allocation options that benefit the community as a whole! We hope this opens up some eyes as to what kind of organization we are, but honestly people will more than likley continue to believe what they want and we will continue to do what we've been doing since we launched BitClub Network 18 months ago... EXECUTE OUR MODEL! We will keep you posted as we try and validate the owner of this transaction, but one thing is for sure... We will not be keeping this Bitcoin either way!
Sincerely, -BCN Support Team


Anyway the week's long up, so who are they giving the money to, is the next question?

Quote
we will be open for other allocation options that benefit the community as a whole

Like what, I wonder?
legendary
Activity: 1778
Merit: 1043
#Free market
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

Link to Bitclub official statement plz?

i think this will do the job:

From: [email protected]

Dear Sir,

we are currently waiting for someone to reach out to us and claim their mistake so that we can verify them and send their bitcoin back, but so far as of this posting nobody has been able to verify it.

Blockchain : https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d

Answer form : http://drive.google.com/file/d/0B7spoqTudJfWX01xdE1FYlRkQnM

Best Regards.

What am I looking at, and why is your second link asking me to download an executable?



Please provide a link to an official public statement made by Bitclub. ty.


Here the Coindesk article :

 - http://www.coindesk.com/accidental-136000-bitcoin-mining-pool/


newbie
Activity: 42
Merit: 0
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

Link to Bitclub official statement plz?

i think this will do the job:

From: [email protected]

Dear Sir,

we are currently waiting for someone to reach out to us and claim their mistake so that we can verify them and send their bitcoin back, but so far as of this posting nobody has been able to verify it.

Blockchain : https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d

Answer form : http://drive.google.com/file/d/0B7spoqTudJfWX01xdE1FYlRkQnM

Best Regards.

What am I looking at, and why is your second link asking me to download an executable?

http://s32.postimg.org/d2kzfhyo5/Capture.png

Please provide a link to an official public statement made by Bitclub. ty.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
legendary
Activity: 910
Merit: 1000
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

Link to Bitclub official statement plz?

i think this will do the job:

From: [email protected]

Dear Sir,

we are currently waiting for someone to reach out to us and claim their mistake so that we can verify them and send their bitcoin back, but so far as of this posting nobody has been able to verify it.

Blockchain : https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d

Answer form : http://drive.google.com/file/d/0B7spoqTudJfWX01xdE1FYlRkQnM

Best Regards.
newbie
Activity: 42
Merit: 0
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

Link to Bitclub official statement plz?
legendary
Activity: 1708
Merit: 1036
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.

Wrong. That's what the Coindesk article said. Now, Bitclub can go back on their word, but that will have significant negative repercussions on their business if they are recognized as untrustworthy.

And as far as the person who claimed this was a mistake _by_ Bitclub, please explain for us how a _miner_ originates this sort of mistake? Do you understand how bitcoin works?
full member
Activity: 209
Merit: 100
so long but still no one contacted for it ?
it might be some theif my guess
newbie
Activity: 42
Merit: 0
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

Lol no, the guy who started the "Bitclub is trying to return the coin" story was trolling.
Everyone instantly believed him because desperate for news that doesn't involve bitcoiners robbing each other.
legendary
Activity: 910
Merit: 1000
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.

no matter how this happened, human error or not.
but bitcoin dev team has some serious updating to do, avoiding this happening never again.
legendary
Activity: 1778
Merit: 1043
#Free market
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.


Yeah but in this case (like many others) the pool/site wants to give it back to the real owner. He/they should only prove the ownership of the input address '1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh'.
legendary
Activity: 1610
Merit: 1183
To be honest, it's the guy's fault that did this huge mistake (how the fuck do you not realize you are sending that insane amount for a fee?) I mean unless he was drunk, I have no idea how I would ever do this.
Bitcoin is about self-responsibility, so if you can't eve properly send a fee, that's your fault and the miners aren't forced to give this guy's money back, even tho it would be nice.
legendary
Activity: 910
Merit: 1000
the most scary ones:
1. client bug.
2. service bug
3. third party client relaying payment found a way to swap fees/inputs(possible???)

we have no idea what client/service sender was using.

4. some rich guy having fun with us
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