Author

Topic: Mandatory transaction fee? (Read 1188 times)

member
Activity: 112
Merit: 10
Don't get eaten by wolves!
September 12, 2011, 10:42:19 PM
#10
The transaction fees are mostly to prevent tiny transactions from flooding the system. Larger transations and/or rounder numbers (1 BTC usually) don't incur mandatory transaction fees.
hero member
Activity: 560
Merit: 500
August 29, 2011, 12:59:17 AM
#9
I believe there's always a fee in every transaction.

No. You can set it up to send a transaction, but will have to wait for the person who finds the blocks to accept the transaction as-is without the fee.
From what I've gathered...unless, I've lost the concept of transaction fees.
full member
Activity: 168
Merit: 100
August 29, 2011, 12:57:04 AM
#8
I believe there's always a fee in every transaction.
newbie
Activity: 14
Merit: 0
August 26, 2011, 04:33:06 PM
#7
Did you have >= 26.00 balance in your wallet at that time?
No, 25.99133919 was the total balance.
sr. member
Activity: 406
Merit: 257
August 26, 2011, 01:24:46 PM
#6
Did you have >= 26.00 balance in your wallet at that time?
If yes... that's very odd (and worthy of further investigation).
If no... known bug (client throws away sub-cent change as fee if it can't add another input to make the change >= 0.01), will be fixed in 0.3.25.
full member
Activity: 192
Merit: 100
August 26, 2011, 01:24:25 PM
#5
I was running an old bitcoin client from february or something, but decided to update today (0.3.24-beta). Then I sent some bitcoins, and I have transaction fee set at 0.00.

Then I get this:
Code:
Debit: -25.99
Transaction fee: -0.00133919
Net amount: -25.99133919

Are transaction fees mandatory now? How is the amount calculated? It would also be nice if the send coins dialog warned me of this fee BEFORE I press send.
That's a bug in the 0.3.24 client and I believe it has been already fixed.
newbie
Activity: 46
Merit: 0
August 26, 2011, 01:18:27 PM
#4
Wahhhh I payed a tenth of a penny!!!

Actually 10x that, a whole penny at current exchange rate of $9/BTC.
sr. member
Activity: 277
Merit: 250
August 26, 2011, 12:35:27 PM
#3
Wahhhh I payed a tenth of a penny!!!

But I guess if it was a surprise $10 it would be a different matter... That is weird that it got added without your consent
sr. member
Activity: 448
Merit: 251
Bitcoin
August 26, 2011, 09:41:05 AM
#2
Honestly man that's a very very very tiny transaction fee...    regardless it shouldn't have behaved that way if it's set for zero then it needs to be zero.

newbie
Activity: 14
Merit: 0
August 26, 2011, 09:18:11 AM
#1
I was running an old bitcoin client from february or something, but decided to update today (0.3.24-beta). Then I sent some bitcoins, and I have transaction fee set at 0.00.

Then I get this:
Code:
Debit: -25.99
Transaction fee: -0.00133919
Net amount: -25.99133919

Are transaction fees mandatory now? How is the amount calculated? It would also be nice if the send coins dialog warned me of this fee BEFORE I press send.
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