Topic: LARGE FEE 1 BITCOIN (Read 2820 times)

Any news from the pool who received this TX ?  that's sucks a lot , 1 bitcoin isn't a little amount .. I hope you will sorting out this ..

That was a huge amount of money that you do not want to lost, just charge to experience and be careful on the next transaction. Correct once the transaction was made theres no recovery of transaction. Just pray that they will email you back with positive feedback.

I understand that you have contacted them for support but the likelihood of you receiving any form of compensation is very small. Reason being that so many miners will have been rewarded for your transaction that the company would need to pay you out of pocket which is a real inconvenience. Although I have seen many cases where the company does pay back thousands of dollars for a simple mistake, so I suggest you keep trying!

However, you must let this be a lesson for you in the future when using Bitcoin. The currency is so much more complicated than, say, an online FIAT store. The process of mining is not easy to understand and our Bitcoin addresses are not easily recognizable to our brains instantly. Therefore, because of its complex nature, I suggest you do intensive verifications before sending the transaction. I never send a payment without triple checking the address has been written correctly, the actual amount itself has been typed in and the fee is a reasonable amount (I never do the recommended amount, I like to go lower because I am a little cheap but you can have it anyway you'd like).

Be careful. There are too many of these cases arrising and newbies need to be informed about the risks of sending the wrong information on Bitcoin.

I really do hope you get refunded for your amount though. Good luck!

Well you just lost 1 btc i lost 3 btc that was all that i earned from bitcoin trading just entered wrong poloniex btc address and lost of them...well once the payment is made their is no point of recovery..no matter what you do...that's the biggest withdraw that i feel in blockchain

Keep us updated!

I hope you get refunded similar to the other guy who also made a mistake with his transaction fee. Good for him bitmain refunded, otherwise he is still banging his head on the wall. Any update on this one? You are using blockchain wallet right? Why is there no warning that the transaction fee is high? I'm just curious. Let this be serve us all a lesson to be careful and make sure that we are sending the correct or right transaction fee otherwise we can't do anything about it.

Lol! Interesting to see 103,626.943 sat/B
Man you made a horrible mistake, I don't think you will get a satoshi back.

You can take a look  on this thread, worst is he make a transaction with 2.5 BTC fee https://bitcointalksearch.org/topic/please-help-i-sent-a-transaction-with-a-25-btc-transaction-fee-1818791 but the issue was fixed already as he already refunded by Bitmain.

But this one OP never reply on this thread and I don't think that this problem is already settled, this is totally a big loss for the this fee.

According to some people posting here OP was using the Blockchain wallet, which is particularly weird since I've got warnings from Blockchain on fees that are even slightly too high.  I'm not sure how OP managed to make this mistake, it's not too easy to do.

Your transaction will get confirmation fast but to revise the fee charge I doubt for that. We have to be always be details when ever we are transactions with crypto currencies as the transactions are mostly anonymous and decentralized. Though I wish your money should be revise but this should be a lesson to all of us.

What the f for real?? This is the huge fees i saw for a minimum you sent i think you just trying to send huge amount to and then you change it but suddenly the fess didn't change thats why. Ghash will not answer you for this but lets wait for an update.

Any update on this? Did you hear back from them? What wallet were you using that you were able to set a 1BTC tx fee?

This is only 20% of the tree chart of your transaction forward, intense really!!!



And this is the tree chart with address cluster:

Quite expensive mistake. I feel sorry for that.

Can you share more details how this can happen? Which wallet you have used. Have you seen any warning message about high fee? I have never tried to set so high fee ( usually get warning when trying to send BTC with small fee). How about your negotiation with BTCpool. Any reply or statement? Are they going refund you?

This is sensitive but interesting topic, can happen to anybody.

  This is a very big mistake,hope you don't make that in the future.

We have some dark joke here , but he is right, you can send them email and beign full of hope they will refund you.
Anyway, what wallet made possible such mistake? Its trash not software.

A sent transaction is a sent transaction.
Nobody will rewrite the blockchain for anybody.
After all it's bitcoin we are all dealing with, and not paypal.
I'm sorry, but  that one bitcoin is gone for good, there is 0% of hope of getting it back.
The sooner you realize that and learn to live with it, the sooner you will recover from it.

I'm afraid to hear the answer, but still very curious to hear what they replied to you.

Unfortunately in these cases, the decentralized part of bitcoin does not provide any way to return the 1 BTC to you. Which is a very expensive lesson at this stage in bitcoin.

Did you get a warning message about the fee?

I'm curious, exactly how did you end up creating this mistake? What wallet were you using?

In most cases, the fee is distributed among the miners of the pool who mined the block.