Author

Topic: High transfer fee of a transation (Read 1094 times)

legendary
Activity: 1512
Merit: 1012
November 23, 2014, 06:32:57 AM
#5
don't use virtual wallet.  Roll Eyes (outrasious fees)
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
November 23, 2014, 06:24:41 AM
#4
Yes your coins are still safe and your wallet has the private key for 1Gv8BwKX9sLusY65DBiJbFL4wBffHPFuG4

A good indicator for this is if your balance is what it should be, as in -1 and not -1.25...

Which software are you using?


Edit:

The way bitcoin works is that you have to spend each input entirely. You can think of it as lumps of gold. In the past you got a 1.25 btc lump. If you want to spend parts of it, you have to melt the whole 1.25 btc and create new lumps. One with 1 btc for the other party and the rest .25 for yourself.
I rounded and ignored fees in this example in order to make it easier to understand.

newbie
Activity: 2
Merit: 0
November 23, 2014, 06:15:58 AM
#3
TX fee is not paid that way. The fee is (sum of inputs) - (sum of outputs)

Its change, depending on the wallet/service you use its a newly generated address under your control or an old one.

then what happened to this transaction? if bitcoin in my wallet is still safe? I just have no idea.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
November 23, 2014, 06:10:55 AM
#2
TX fee is not paid that way. The fee is (sum of inputs) - (sum of outputs)

Its change, depending on the wallet/service you use its a newly generated address under your control or an old one.
newbie
Activity: 2
Merit: 0
November 23, 2014, 06:00:53 AM
#1
Days ago I transferred 1BTC but there was another 0.25BTC transferred from my wallet to an address I do not know.

If there is any way to tell if the 0.25BTC is the transfer fee or not? It seems quite high.

The detail transaction can be seen from https://blockchain.info/tx/5ef62754afe629beb5ee724cffb10fd868403f675bdd214921314de498079303
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