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Topic: New 0.00001 spam attack (Read 1205 times)

hero member
Activity: 584
Merit: 500
July 31, 2015, 06:27:59 PM
#26
Post fees to emit 200 USD to bank or other post accounts = 5,5 USD (2,8% of fees)
Bitcoin network to emit 200 USD = 0,003 USD (0,00145 % of fees)

no problem here.

Im not sure what bank accounts you use. I usually pay zero fees for transactions.

Regardless of that... bitcoin was created to not need a bank. I think we shouldn't watch at the banks and try to "be not so bad as they at least". Bitcoin should be better. Useable for all, even developing countries where the average income is $1 per day.
legendary
Activity: 1260
Merit: 1019
July 31, 2015, 09:01:01 AM
#25
no problem here.
1) no problem here today
2) the problem is not here
legendary
Activity: 1512
Merit: 1012
July 31, 2015, 08:45:28 AM
#24
Post fees to emit 200 USD to bank or other post accounts = 5,5 USD (2,8% of fees)
Bitcoin network to emit 200 USD = 0,003 USD (0,00145 % of fees)






no problem here.
hero member
Activity: 584
Merit: 500
July 31, 2015, 08:38:34 AM
#23
Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:

1) minimum BTC sent to, say, BTC0.001

and/or

2) minimum transaction fee to, say, BTC0.0002

I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

A payment of BTC0.001 comes in the category of micropayments, right? Anyway who want to pay someone with BTC0.0001 or lesser amounts, other than the spammers? In my opinion, BTC0.001 should be the absolute minimum. And the minimum transaction fee should be BTC0.0001. This will decrease the spamming quite a lot.

Who are you to say that bitcoins only should be a currency for high values? Do we need a second Western Union where sending money only makes sense when you send enough because the fees are high? It should be possible to use bitcoins as a normal currency. And you don't achieve that by blocking people from buying small things too.
legendary
Activity: 1512
Merit: 1012
July 31, 2015, 08:26:29 AM
#22
good point and view ... it rises ...  Undecided

hero member
Activity: 584
Merit: 500
July 31, 2015, 08:23:10 AM
#21
...

Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:

1) minimum BTC sent to, say, BTC0.001

and/or

2) minimum transaction fee to, say, BTC0.0002

I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

You really got no argument? Then how about that? Raising fees will simply mean spammers raise their fee too. Done. If the spammers are miner corporations then the cost would not be a big problem.

And no, it would be bad for adoption when we would make using bitcoin more expensive. Adoption is the only way for bitcoin to survive. Miners shouldn't shoot themselves in the knee.
donator
Activity: 1617
Merit: 1012
July 23, 2015, 01:10:30 AM
#20
We are doing exactly what these people wants us to do, for them to profit more from this attack.  Angry Angry Angry

Who exactly are "these people"? You seem to insinuate that they are miners. Do you have any proof?
legendary
Activity: 1904
Merit: 1074
July 23, 2015, 01:07:53 AM
#19
Why do we need to adjust the minimum fee's, to make it easier for miners to make more money? We will only create a scenario where they or anyone else with greed as a motive, will do this to force people to

pay higher fee's. Let the engineers fix this, and close the loophole for people who wants to do this. Take away the ability to profit from spamming at the protocol level, and these people would not benefit from that.

We are doing exactly what these people wants us to do, for them to profit more from this attack.  Angry Angry Angry
legendary
Activity: 3192
Merit: 1348
July 23, 2015, 01:01:17 AM
#18
They happen relatively often as marketing campaigns for various companies. I never take any notice of them, but if a few thousand companies were to do that to me I wouldn't say no.
It's probably best to ignore any transaction when it's that low as it's not really worthwhile or likely that it came from any other source.
legendary
Activity: 2940
Merit: 1865
July 23, 2015, 12:31:11 AM
#17
...

pooya87

My suggested minimums (BTC0.001 and BTC0.0002) were really just a starting point for discussion.  I do understand that there might have to be significant changes to the programming.  Which might not be worth it.

I am in NO position to say whether my idea is any good or not.  It's just an idea.

bryant.coleman

Same comment, the numbers I put out there "seem reasonable".

odolvlobo

How do I count the symmetries?  Ah, but back to business, I have been doing what you just suggested since the spam attacks started, and my three of four transactions went through fine (sending & receiving).  But, I read reports of people NOT getting their BTC for a long time even though the transaction fees were not zero or close.
legendary
Activity: 3472
Merit: 10611
July 22, 2015, 11:57:56 PM
#16
Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:
1) minimum BTC sent to, say, BTC0.001
and/or
2) minimum transaction fee to, say, BTC0.0002
I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

you are asking for a change in the system so you should provide valid argument and convince others to accept your proposal . anybody else is ok with the current fees and how things are working, especially now that the test / spam attack is over things are normal again.

besides nobody is forced to use the standard fee, if you prefer higher chance of getting confirmation you can increase the fees of your own transactions.
legendary
Activity: 3766
Merit: 1217
July 22, 2015, 10:45:43 PM
#15
Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:

1) minimum BTC sent to, say, BTC0.001

and/or

2) minimum transaction fee to, say, BTC0.0002

I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

A payment of BTC0.001 comes in the category of micropayments, right? Anyway who want to pay someone with BTC0.0001 or lesser amounts, other than the spammers? In my opinion, BTC0.001 should be the absolute minimum. And the minimum transaction fee should be BTC0.0001. This will decrease the spamming quite a lot.
legendary
Activity: 4466
Merit: 3391
July 22, 2015, 09:24:10 PM
#14
Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:
1) minimum BTC sent to, say, BTC0.001
and/or
2) minimum transaction fee to, say, BTC0.0002
I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

The argument against is that it is unnecessary. If you you want your transaction confirmed promptly, you only have to raise the amount that you pay.
hero member
Activity: 686
Merit: 500
July 22, 2015, 05:57:50 PM
#13
...

Except for people who want micropayments (and, um, that's what these appear to be, LOTS of them), I still have not seen ANY convincing arguments against the idea of raising minimums:

1) minimum BTC sent to, say, BTC0.001

and/or

2) minimum transaction fee to, say, BTC0.0002

I would rather have a robust BTC Ecosystem that gets my payments through in good time than worry about sending amounts of less than US$0.20.............

micropayments is the only legit reason. Unfortunately there are many good use cases for micropayments that raising the minimum fee too much could significantly harm
sr. member
Activity: 244
Merit: 250
July 22, 2015, 05:56:16 PM
#12
Cant  that many people out there with this much bitcoin. Maybe this will help with finding out who is doing this crap.

OOOPs I dint see that was the receiving addie.
legendary
Activity: 1064
Merit: 1000
July 22, 2015, 05:56:08 PM
#11
They're spamming bitfinex's cold wallet?* Meh. They don't need dust, but me! Grin

*source: http://www.reddit.com/r/Bitcoin/comments/36v29t/bitfinex_hack2252015_1459_bitcoins_lost/
sr. member
Activity: 637
Merit: 262
July 22, 2015, 05:48:45 PM
#10

That balance :O

If only we all had that much in our wallets,,,, ! GJZ!
full member
Activity: 193
Merit: 100
July 22, 2015, 02:57:00 PM
#9

Is this a known address from somewhere? It obviously doesn't have that balance just because of dust Cheesy
I too have experienced this sort of thing, but I am grateful to be able to make as a replacement because the transaction fee
legendary
Activity: 1512
Merit: 1012
July 22, 2015, 01:54:29 PM
#8

Is this a known address from somewhere? It obviously doesn't have that balance just because of dust Cheesy
hero member
Activity: 504
Merit: 500
July 22, 2015, 01:54:07 PM
#7
This is the real proof and why I keep believing that we really need a Block size increase!
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