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Topic: Fee - page 3. (Read 1944 times)

legendary
Activity: 1988
Merit: 1007
May 20, 2014, 03:43:47 PM
#16
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.

I've sent transactions before with 0 fee and still had them there within an hour. You just have to make sure the amount you're sending is 0.01 BTC or more and that the transaction size is under 10 KB.

He's a newbie, and he won't be able to calculate tx size before sending it.

You really don't have to though. I think it's around 75 inputs + 1 output (just to be safe). So if you're always getting inputs of 1 mBTC, you should be able to send 0.075 BTC in one transaction before hitting that cap. It's of course a bit deeper than this, but you should be safe with that.

He probably has no idea as to what inputs and outputs are anyway. Also, don't forget the change, so it won't be 1 output.

True. A better idea then: Coinbase! No worrying about fees since they pay for them, :p.
hero member
Activity: 798
Merit: 1000
May 20, 2014, 03:38:40 PM
#15
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.

I've sent transactions before with 0 fee and still had them there within an hour. You just have to make sure the amount you're sending is 0.01 BTC or more and that the transaction size is under 10 KB.

He's a newbie, and he won't be able to calculate tx size before sending it.

You really don't have to though. I think it's around 75 inputs + 1 output (just to be safe). So if you're always getting inputs of 1 mBTC, you should be able to send 0.075 BTC in one transaction before hitting that cap. It's of course a bit deeper than this, but you should be safe with that.

He probably has no idea as to what inputs and outputs are anyway. Also, don't forget the change, so it won't be 1 output.
legendary
Activity: 1988
Merit: 1007
May 20, 2014, 03:35:46 PM
#14
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.

I've sent transactions before with 0 fee and still had them there within an hour. You just have to make sure the amount you're sending is 0.01 BTC or more and that the transaction size is under 10 KB.

He's a newbie, and he won't be able to calculate tx size before sending it.

You really don't have to though. I think it's around 75 inputs + 1 output (just to be safe). So if you're always getting inputs of 1 mBTC, you should be able to send 0.075 BTC in one transaction before hitting that cap. It's of course a bit deeper than this, but you should be safe with that.
hero member
Activity: 798
Merit: 1000
May 20, 2014, 03:31:17 PM
#13
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.

I've sent transactions before with 0 fee and still had them there within an hour. You just have to make sure the amount you're sending is 0.01 BTC or more and that the transaction size is under 10 KB.

He's a newbie, and he won't be able to calculate tx size before sending it.
legendary
Activity: 1988
Merit: 1007
May 20, 2014, 03:28:22 PM
#12
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.

I've sent transactions before with 0 fee and still had them there within an hour. You just have to make sure the amount you're sending is 0.01 BTC or more and that the transaction size is under 10 KB.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 20, 2014, 03:24:30 PM
#11
It is possible, though unlikely, that your transaction will never be included in a block. Payment of fees is voluntary, but so is including your Tx. 

Could such "unincluded in a block" transaction, be deducted from the payer wallet while not shown in the payee wallet? Meaning that funds would be lost in a "black hole"?

If your wallet keeps re-broadcasting the transaction, then it's a pain in the ass to get your money out of this semi-black hole. If not, then it should be returned to you in a few days.
I mean, seriously, just add the fee, it's 0.0001. 5 cents.
This. It is a hassle to undo an abandon transaction. Way more trouble than $0.05.
hero member
Activity: 798
Merit: 1000
May 20, 2014, 03:20:42 PM
#10
It is possible, though unlikely, that your transaction will never be included in a block. Payment of fees is voluntary, but so is including your Tx. 

Could such "unincluded in a block" transaction, be deducted from the payer wallet while not shown in the payee wallet? Meaning that funds would be lost in a "black hole"?

If your wallet keeps re-broadcasting the transaction, then it's a pain in the ass to get your money out of this semi-black hole. If not, then it should be returned to you in a few days.
I mean, seriously, just add the fee, it's 0.0001. 5 cents.
newbie
Activity: 24
Merit: 0
May 20, 2014, 02:39:27 PM
#9
It is possible, though unlikely, that your transaction will never be included in a block. Payment of fees is voluntary, but so is including your Tx. 

Could such "unincluded in a block" transaction, be deducted from the payer wallet while not shown in the payee wallet? Meaning that funds would be lost in a "black hole"?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 20, 2014, 02:27:13 PM
#8
It is possible, though unlikely, that your transaction will never be included in a block. Payment of fees is voluntary, but so is including your Tx. 
legendary
Activity: 2296
Merit: 1014
May 20, 2014, 02:18:49 PM
#7
paying fee is good
your transaction would go up to hours instead up to 24 hours or even more
newbie
Activity: 24
Merit: 0
May 20, 2014, 02:03:20 PM
#6
Would the receiver get any notification/confirmation at starts? I understand that the final confirmation would take days but would there be any preliminary notification/confirmation?
sr. member
Activity: 350
Merit: 250
Decentralized thinking
May 20, 2014, 12:07:12 PM
#5
If I send a tiny amount with no fee, will it be lost? I don't mind to wait days, but can the transaction be ignored?
No it wont get lost, but will take ages to get to the receiver address.
newbie
Activity: 24
Merit: 0
May 20, 2014, 12:02:24 PM
#4
If I send a tiny amount with no fee, will it be lost? I don't mind to wait days, but can the transaction be ignored?
hero member
Activity: 658
Merit: 501
May 20, 2014, 11:56:03 AM
#3
What Android app allows no fee transactions?
Is it risky? 

Pay the miner 5 cents or wait days for your transaction to process.
full member
Activity: 154
Merit: 100
May 20, 2014, 11:53:28 AM
#2
Everything uses a fee, but if you are with android check out blockchains app.
newbie
Activity: 24
Merit: 0
May 20, 2014, 11:40:24 AM
#1
What Android app allows no fee transactions?
Is it risky? 
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