Can a transaction be cancelled | Bitcointalksearch.org

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: merelcoin on April 20, 2016, 08:15:29 AM

If i'm not mistaking, you can create a new output, using the same inputs as you used for the transaction to be cancelled. Make sure you have a higher fee for the new transaction...

I've never tried this myself, but i picked it up somewhere on this forum... Might be mistaking tough.

I think you are right, its double spend but with good intention to cancel transaction.
Its very technical stuff tho, doubt it anyone can do this. I head in past some website made it easier by some automation process but not sure.

machinek20

hero member

Activity: 840

Merit: 501

Quote from: notlist3d on June 03, 2016, 05:29:05 PM

Quote from: machinek20 on June 03, 2016, 05:19:27 PM

see this transaction , anyone know this is transaction can cancel
Warning! this transaction is a double spend
https://blockchain.info/tx/91287d3ef3bbeb76bc5eb4eaeb1e23ae300f88054b9db98d9ab1bc444c7744bf

It is sad but scammers do this type of thing. It is simple to solve though if you just wait for a few conformations. So you can make a decision based off who your dealing with.... but waiting for a confirmations if selling something is what I consider good practice.

But it's kinda getting away from OP. No a transaction cannot be canceled in that sense. Double spend is a way to make it appear there is a transaction but it's really going to two places, but again waiting on confirmations will show if it was sent successfully.

this is first transaction go to my transaction no confirm up today is 5 days, i withdraw from site , so unlucky

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: machinek20 on June 03, 2016, 05:19:27 PM

see this transaction , anyone know this is transaction can cancel
Warning! this transaction is a double spend
https://blockchain.info/tx/91287d3ef3bbeb76bc5eb4eaeb1e23ae300f88054b9db98d9ab1bc444c7744bf

It is sad but scammers do this type of thing. It is simple to solve though if you just wait for a few conformations. So you can make a decision based off who your dealing with.... but waiting for a confirmations if selling something is what I consider good practice.

But it's kinda getting away from OP. No a transaction cannot be canceled in that sense. Double spend is a way to make it appear there is a transaction but it's really going to two places, but again waiting on confirmations will show if it was sent successfully.

machinek20

hero member

Activity: 840

Merit: 501

see this transaction , anyone know this is transaction can cancel
Warning! this transaction is a double spend
https://blockchain.info/tx/91287d3ef3bbeb76bc5eb4eaeb1e23ae300f88054b9db98d9ab1bc444c7744bf

MWesterweele

hero member

Activity: 1372

Merit: 564

Transaction processed by blockchain is can never be cancelled.Once the bitcoin was transfered from one wallet to another it can never be cancelled nor refund even if that bitcoin wallet was hacked and the bitcoin is transfered by the hacker.Once the bitcoin is sent it will undergo blockchain and wait for confirmation and it can never be canceled.

speaktome

sr. member

Activity: 462

Merit: 250

The system was not designed for that for security.

jak3

legendary

Activity: 1274

Merit: 1004

no a bitcoin transaction can not be canceled because when a transaction occured then it permanently and anonymusly stores in the network and hence it is not modifiable because it is permanent but we can disturb the network a little which causes the double spending but that's a diffrent thing.no body can cancel a bitcoin transaction after it is broadcast

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

Quote from: robelneo on May 27, 2016, 09:46:13 AM

Quote from: Bloxy on May 26, 2016, 06:46:17 AM

It is difficult to get it to work but yes, it is definitely possible to get a transaction cancelled. If a transaction hasn't been confirmed by the network for a long time, it gets returned to the sender.

Almost happen to me but after 24 hours it confirmed it is very rare for a transaction to get cancelled,this is what all users should be aware of their is no charge back on bitcoin so look closely on the address you are sending your bitcoin..

Exactly only in very fee transactions it takes such a long time for confirmation. So even at those instances cancellation is really and highly impossible.

robelneo

legendary

Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

Quote from: Bloxy on May 26, 2016, 06:46:17 AM

It is difficult to get it to work but yes, it is definitely possible to get a transaction cancelled. If a transaction hasn't been confirmed by the network for a long time, it gets returned to the sender.

Almost happen to me but after 24 hours it confirmed it is very rare for a transaction to get cancelled,this is what all users should be aware of their is no charge back on bitcoin so look closely on the address you are sending your bitcoin..

Bloxy

member

Activity: 62

Merit: 10

It is difficult to get it to work but yes, it is definitely possible to get a transaction cancelled. If a transaction hasn't been confirmed by the network for a long time, it gets returned to the sender.

wintermeasures

sr. member

Activity: 322

Merit: 250

Quote from: merelcoin on April 20, 2016, 08:15:29 AM

Quote from: codehtcmail on April 20, 2016, 08:08:25 AM

Hello, can a BTC transaction be cancelled before it has been confirmed, or is it that once broadcast it is not possible to cancel at any time ?

If i'm not mistaking, you can create a new output, using the same inputs as you used for the transaction to be cancelled. Make sure you have a higher fee for the new transaction...

I've never tried this myself, but i picked it up somewhere on this forum... Might be mistaking tough.

Wew, I think bitcoin transaction is irreversible ( can't be cancelled). Can you give me url to that thread, I was curious to read. thank you

BitcoinBlackjack

full member

Activity: 182

Merit: 250

Yes I can tell you from personal experience that this is 100% possible, and many cheaters / double spenders are able to do this every time!

aleandromagno

legendary

Activity: 1323

Merit: 1000

Quote from: shorena on April 21, 2016, 07:20:30 AM

Quote from: aleandromagno on April 21, 2016, 07:10:34 AM

Quote from: shorena on April 21, 2016, 02:24:51 AM

Quote from: aleandromagno on April 20, 2016, 03:43:12 PM

-snip-
To be honest i never did that, but i read somewhere (probably here on bitcointalk) that this is possible in Electrum wallet.

I will try to find that thread..

Edit: I cant find this thread, but someone asked in behalf of his friend who sent transaction (probably) from blockchain wallet without fee, and transaction of course was hanging.. Someone give him advice to export keys to Electrum wallet because (as he said) there is option to fill/change transaction fee..
I don't remember whether it worked or not.

Sounds like a double spend to me.

If I remember, you also have participated in this discussion ..

But im not sure it was around month ago. When the number of transactions has increased and there was a lot of problems due to too low fees
Mainly it was about to withdraw hanging transaction from blockchain wallet (because of low fee) and move it to different wallet ..

I dont remember honestly, I gave a lot of advice during the last high demand period on the network. I hope it helped. What you describe sounds like a double spend to me. The reason I think someone (or me) suggested to export to electrum was that blockchain.info does not allow you to "reset" the blockchain data. It will always see your last TX and thus not allow you to double spend it. Electrum can be reset to a state where it does not know about TX A, so its possible to create a TX B that double spends A.

For sure not you have given this advice .. hmm From this perspective, in fact it looks like a double spend .. but maybe I forgot some detail from this situation.
Anyway, it would be answer to the question whether it is possible to scam someone before the first confirmation.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: aleandromagno on April 21, 2016, 07:10:34 AM

Quote from: shorena on April 21, 2016, 02:24:51 AM

Quote from: aleandromagno on April 20, 2016, 03:43:12 PM

-snip-
To be honest i never did that, but i read somewhere (probably here on bitcointalk) that this is possible in Electrum wallet.

I will try to find that thread..

Edit: I cant find this thread, but someone asked in behalf of his friend who sent transaction (probably) from blockchain wallet without fee, and transaction of course was hanging.. Someone give him advice to export keys to Electrum wallet because (as he said) there is option to fill/change transaction fee..
I don't remember whether it worked or not.

Sounds like a double spend to me.

If I remember, you also have participated in this discussion ..

But im not sure it was around month ago. When the number of transactions has increased and there was a lot of problems due to too low fees
Mainly it was about to withdraw hanging transaction from blockchain wallet (because of low fee) and move it to different wallet ..

I dont remember honestly, I gave a lot of advice during the last high demand period on the network. I hope it helped. What you describe sounds like a double spend to me. The reason I think someone (or me) suggested to export to electrum was that blockchain.info does not allow you to "reset" the blockchain data. It will always see your last TX and thus not allow you to double spend it. Electrum can be reset to a state where it does not know about TX A, so its possible to create a TX B that double spends A.

aleandromagno

legendary

Activity: 1323

Merit: 1000

Quote from: shorena on April 21, 2016, 02:24:51 AM

Quote from: aleandromagno on April 20, 2016, 03:43:12 PM

-snip-
To be honest i never did that, but i read somewhere (probably here on bitcointalk) that this is possible in Electrum wallet.

I will try to find that thread..

Edit: I cant find this thread, but someone asked in behalf of his friend who sent transaction (probably) from blockchain wallet without fee, and transaction of course was hanging.. Someone give him advice to export keys to Electrum wallet because (as he said) there is option to fill/change transaction fee..
I don't remember whether it worked or not.

Sounds like a double spend to me.

If I remember, you also have participated in this discussion ..

But im not sure it was around month ago. When the number of transactions has increased and there was a lot of problems due to too low fees
Mainly it was about to withdraw hanging transaction from blockchain wallet (because of low fee) and move it to different wallet ..

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: merelcoin on April 21, 2016, 03:48:27 AM

Quote from: ahmedjamal1998 on April 21, 2016, 02:49:37 AM

As far as I know Bitcoin transaction cant be reversed and that what's actually making it so popular.

But u should wait until a transaction gets 7-8 confirmations in order to ensure that everything is alright as there is a possibility to be cancelled with no fees if not confirmed in 2 days.

Good luck mate.

A transaction can be forgotten by the network if it didn't get included in a block for a longer time (i think it's random, usually between 1 and 7 days???).

There is no fixed time. You essentially have to wait until every single node has forgotten the transaction or (to make it invalid) until a different TX that spends the same coins is confirmed. There are unconfirmed TX on some blockchain explorers that are 5 months old. If only a single node remembers it can rebroadcast the transaction to remember all other nodes. This will fail though if a different TX spending the same input(s) is already confirmed.

merelcoin

hero member

Activity: 675

Merit: 504

Quote from: ahmedjamal1998 on April 21, 2016, 02:49:37 AM

As far as I know Bitcoin transaction cant be reversed and that what's actually making it so popular.

But u should wait until a transaction gets 7-8 confirmations in order to ensure that everything is alright as there is a possibility to be cancelled with no fees if not confirmed in 2 days.

Good luck mate.

A transaction can be forgotten by the network if it didn't get included in a block for a longer time (i think it's random, usually between 1 and 7 days???).

However, i wouldn't wait for 7-8 confirmations... Chances of your transaction being included in an orphaned block are really slim:
https://blockchain.info/charts/n-orphaned-blocks?timespan=30days&showDataPoints=true&daysAverageString=1&show_header=true&scale=0&address=
https://blockchain.info/orphaned-blocks

Also, once it's included in a non-orphaned block, it's no longer possible to do a double spend.

So, i think for smaller transactions 1-2 confirmations should be sufficient.

Offcourse, when buying a house, you still might want (a lot) confirmations, in case of a 51% attack or something.

ahmedjamal1998

hero member

Activity: 728

Merit: 537

As far as I know Bitcoin transaction cant be reversed and that what's actually making it so popular.

But u should wait until a transaction gets 7-8 confirmations in order to ensure that everything is alright as there is a possibility to be cancelled with no fees if not confirmed in 2 days.

Good luck mate.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: aleandromagno on April 20, 2016, 03:43:12 PM

-snip-
To be honest i never did that, but i read somewhere (probably here on bitcointalk) that this is possible in Electrum wallet.

I will try to find that thread..

Edit: I cant find this thread, but someone asked in behalf of his friend who sent transaction (probably) from blockchain wallet without fee, and transaction of course was hanging.. Someone give him advice to export keys to Electrum wallet because (as he said) there is option to fill/change transaction fee..
I don't remember whether it worked or not.

Sounds like a double spend to me.

vero

hero member

Activity: 518

Merit: 500

as I know you can't undo every bitcoin transaction, the only one can cancel your transaction if not get confirmation for a long time.

Topic: Can a transaction be cancelled (Read 1834 times)