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Topic: BTC value sent differs from that in blockchain explorer (Read 191 times)

legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
How then do I get a hash ID to show the exact value I sent?

Is it impossible in my case? If so, how do others like this one get it?
That transaction's change is too small that the dollar equivalent of it is just a fraction of the sent amount.

It's also possible if the transaction has only one output, only the recipient, no change.
You can do that: send an exact amount if you have any unspent output(s) that's a little higher (that can cover the fee) than the amount that you want to send.
But that's less likely to happen.

Disregarding the fiat equivalent, you just have to paste the receiver's address to the blockexplorer and the transaction history below will show the received amount in BTC.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
HCP
legendary
Activity: 2086
Merit: 4361
Thanks immensely guys. I really appreciate. But my query is this, how then do I get a hash I'd that shows the exact amount I sent?
My advice would be to click on the "BTC" button and leave it there... stop dealing in "USD" and trying to send "exact USD" amounts... it is an "impossible" task as the USD price of BTC is literally changing every second (depending on the source you use).

If someone says "I want $10" and you're going to send them BTC, then you will need to agree on a set BTC-USD conversion rate (and/or a set price in BTC)... otherwise send them USD $10 via paypal or some other fiat currency transfer.

It's the same with fiat transfers... if someone says "I want USD$10" and instead you send them EUR€8.22 and in the meantime the conversion rate goes to 0.83... you've only sent them "USD$9.90"... currency values flucuate... agree a price in whatever currency you are going to send, then send that amount.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
how then do I get a hash I'd that shows the exact amount I sent?
~
Is it impossible in my case? If so, how do others like this one get it? https://www.blockchain.com/btc/tx/5315874373ef66252970019fc5ce43270c81693d22f564ebc419513fefaada29
You're looking at the transaction, that can include more than one input and output. In this case, there are 2 outputs. If you want to know what was send to a certain address, you simply look at the amount at that address:
Code:
18rCwT4drAAd5fnjBavZNBgCHgyRQ2L5oV 0.00023624 BTC
15wbwDYScTzw5razo4giKi1Z5CJNxSVdUY 0.28219400 BTC
If you want to know a dollar value with this, you'll end up with an estimate. You're sending Bitcoins, not dollars.
newbie
Activity: 7
Merit: 0
Thanks immensely guys. I really appreciate. But my query is this, how then do I get a hash I'd that shows the exact amount I sent?

For instance, when someone a friend $11,000, he sent a transaction hash which showed almost the same amount.

How then do I get a hash ID to show the exact value I sent?

Is it impossible in my case? If so, how do others like this one get it? https://www.blockchain.com/btc/tx/5315874373ef66252970019fc5ce43270c81693d22f564ebc419513fefaada29

Thanks once again.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
In addition to the posts above: "blockchain explorers" (blockexplorers) can't tell which is the recipient's address(s) from your change address.
It will consider all of the outputs as the sent amount when you explored a TXID instead of an address.
You are correct if sending bitcoin from a wallet and will leave change, the change will be from the transaction output and will be sent back into the address from the wallet which the person use to send the bitcoin, this is what that happens in this case in a way the wallet will use the sender address to automatically send remaining amount to change address of the sender wallet after sending the amount.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
Kindly help me sort this by cross-checking. In this particular transaction I paid out $170.95 but when I click on it in blockchain explorer it shows value as $462 when transacted.
In addition to the posts above: "blockchain explorers" (blockexplorers) can't tell which is the recipient's address(s) from your change address.
It will consider all of the outputs as the sent amount when you explored a TXID instead of an address.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
These are the two recipient addresses with the bitcoin amount sent:

The recepient address
1Ct9QsdLkSG8eV5n8xEqGKy8EBZJtj5MP8
0.00511630 BTC

Your wallet address (UTXO)
12BwatpDHMp9EM3aF4dxiC91DGEdPCiHTB
0.00931519 BTC

The first address is the address you transfer Bitcoin to, if you multiple 0.00511630 BTC with the price of bitcoin at the time you sent it, it will amounts to $170.95 which is the amount your sent. The remaining 0.00931519 BTC is sent back to your another wallet address, it is your wallet unspent transaction output (UTXO) which is sent back to an address on your wallet that you used to make the transaction which is 12BwatpDHMp9EM3aF4dxiC91DGEdPCiHT
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
Think of it as having $1.00 and buying something for $0.25
You sent the $0.25 and got back $0.75 in change.
You has ~ $460 in your address. You sent $170 to 1Ct9QsdLkSG8eV5n8xEqGKy8EBZJtj5MP8 and got back $290 in change to address 12BwatpDHMp9EM3aF4dxiC91DGEdPCiHTB.

I rounded the amounts just for simplicity.

-Dave
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
It's because transactions must be used as a whole as per the protocol
So when you send an amount to someone, the wallet takes an incoming transaction with a higher amount (the one with $460, to 15CTQfNhp5DBnVowSVk5isy1pZTQDQqwjk) and sends the remaining coins to a "hidden" address (12BwatpDHMp9EM3aF4dxiC91DGEdPCiHTB) from your wallet
newbie
Activity: 7
Merit: 0
Please help a newbie here. I made several transactions and picked the right hash IDs.

Unfortunately for me the "value when sent" that I see when I check blockchain explorer are different from what I paid out.

Kindly help me sort this by cross-checking. In this particular transaction I paid out $170.95 but when I click on it in blockchain explorer it shows value as $462 when transacted.

What could cause this? https://www.blockchain.com/btc/tx/b9a1336b135b024004d3d64bf76a9e0874ce5f2a5f15b7e135d8a00de4b72d80
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