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Topic: Sending 130$ , with a transaction fee of million ! - page 2. (Read 772 times)

hero member
Activity: 812
Merit: 512
I see a lot of cases that occur regarding transaction fees. Especially on the Ethereum blockchain. Is Ethereum Blockchain in trouble right now. Because this will be dangerous for other transactions if we do without caution.
It was a purposeful action. There will never be a transaction fee of nearly $ 2.6 million, my trading fee sometimes goes up but it never goes over 2$
hero member
Activity: 2856
Merit: 667
I also sent some tokens yesterday, and the fees I spent were very much, almost $ 5,
usually I only spend less than $ 1, who knows what's wrong with Ethereum, I am really disappointed with this platform

There is nothing wrong with the network I guess, it's the one who send the money who is at wrong here since he put millions as a transaction fee, that is why it was mentioned in the OP if the whale is probably drunk or just supporting the miners community, but we never really know.

I think this is the first time I saw someone paying big fee compared to the amount sent, this is ridiculous, lucky day for the miners.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
I also sent some tokens yesterday, and the fees I spent were very much, almost $ 5,
usually I only spend less than $ 1, who knows what's wrong with Ethereum, I am really disappointed with this platform
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
I see a lot of cases that occur regarding transaction fees. Especially on the Ethereum blockchain. Is Ethereum Blockchain in trouble right now. Because this will be dangerous for other transactions if we do without caution.
full member
Activity: 531
Merit: 100
This seems to be the highest level of error I have seen in this space and I feel it's intentional. You can't just use that has gh amount as transaction fee and not plan it. Well the miners will be lucky. But it's obviously not a mistake.
In 2019, I've seen someone confuse in a similar way. He sent only a few BTC but used millions of dollars as a transaction fee. Strangely for the fundamental mistakes in this market, it can still happen
hero member
Activity: 2436
Merit: 503
Cryptocasino.com

2. The guy wanted to make some miners lucky , this time it was a company located in China


I agree with this because it seems reasonable , considering that the sender has tens of thousands of eth too. and now there are more cases only this time it's a little good this guy sent 3221 eth with fee of 2310 eth


Hell yeah he was putting more than 100 million gwei and that makes his tx consumes a lot of ethereum. I can't even put a lot of gwei when i was using a reliable wallet because there was a limitation for the gwei.
hero member
Activity: 2870
Merit: 594
I think this is a trick to get attention. Because in order to have such a huge fortune (over $ 2 million), every transaction needs to be very careful and carefully checked, so that confusion is not possible. Therefore, I still think this is just a way to draw attention to crypto
Of course, with this kind of mistakes and as blockchain is transparent, sooner or later it will draw some attention. But I doubt that it was done by mistakes, this is very shady and the only reason that this individual did this is to hide something and colluding or conspiring with the miners with his illegal wealth here. Very intelligent move, but sorry everything is being seen in blockchain.
full member
Activity: 434
Merit: 101
Bounty Detective
Apparently today at 4 , a millionaire who was holding Millions in his wallet (ETH) just sent out 130$ to an address but yeah with a fee of 2.6 million Dollars !

I know this is not related to Bitcoins therefore I apologize in advance if the topic has to be moved. But what's related to us is this ridiculous transaction fee !

Why do you think this happened?

1. The guy was for sure High or Drunk
2. The guy wanted to make some miners lucky , this time it was a company located in China

https://www.coindesk.com/whale-sent-130-ether-transaction-fee

The guy is still a millionaire and does hold a lot . Does that mean they were trying to support the Mining community by giving out pre-christmas present for them ? Or is it something he did and will realize later .

A generous offer by the same company states that : if it was indeed a mistake they might help the guy in recovering some amount.

What I wanted to talk about is :
Why only this company?
Isn't it fishy , because back something like same happened with them and they did split up 50/50 with the sender .

Is it possible that they are somehow regulating these things ? Has the Mining industry starting involving themselves in scams ? But then again something doesn't add up here .
Well rip for him. But i think he got a lot of money because no one would ever drag the analog type gas in Ethereum. Or maybe he got a different wallet which he just randomly click the text bar.
He did it on purpose i think lucky for the creator of the wallet he gained a huge kick back from that.
full member
Activity: 896
Merit: 115
This seems to be the highest level of error I have seen in this space and I feel it's intentional. You can't just use that has gh amount as transaction fee and not plan it. Well the miners will be lucky. But it's obviously not a mistake.
sr. member
Activity: 1176
Merit: 265
I think this is a trick to get attention. Because in order to have such a huge fortune (over $ 2 million), every transaction needs to be very careful and carefully checked, so that confusion is not possible. Therefore, I still think this is just a way to draw attention to crypto
Do you think that it is really the best idea of how to bring attention to cryptocurrencies? Do you even imagine how people will react to this? Oh my got, cryptocurrencies are so dangerous and you have to pay such high fees for the transaction, I would rather stay away.. That doesn´t make any sense, right?  Wink
member
Activity: 330
Merit: 12
I think this is a trick to get attention. Because in order to have such a huge fortune (over $ 2 million), every transaction needs to be very careful and carefully checked, so that confusion is not possible. Therefore, I still think this is just a way to draw attention to crypto
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
Apparently today at 4 , a millionaire who was holding Millions in his wallet (ETH) just sent out 130$ to an address but yeah with a fee of 2.6 million Dollars !

I know this is not related to Bitcoins therefore I apologize in advance if the topic has to be moved. But what's related to us is this ridiculous transaction fee !

Why do you think this happened?

1. The guy was for sure High or Drunk
2. The guy wanted to make some miners lucky , this time it was a company located in China

https://www.coindesk.com/whale-sent-130-ether-transaction-fee

The guy is still a millionaire and does hold a lot . Does that mean they were trying to support the Mining community by giving out pre-christmas present for them ? Or is it something he did and will realize later .

A generous offer by the same company states that : if it was indeed a mistake they might help the guy in recovering some amount.

What I wanted to talk about is :
Why only this company?
Isn't it fishy , because back something like same happened with them and they did split up 50/50 with the sender .

Is it possible that they are somehow regulating these things ? Has the Mining industry starting involving themselves in scams ? But then again something doesn't add up here .
I don't see how this could be done by accident. Entering the fee manually requires certain degree of precision, so I agree with what's just been posted when I was typing my reply that it was probably done on purpose. It's an interesting way to support the miners, I've never heard of such ways of doing that before. What I don't like is that instead of incentivizing individual miners doing the hard work the money went to a Chinese company that seems to be huge at Ethereum mining. I don't know whether the sender has a choice of whom to give the money to, though, as this is not how I imagine mining works. But I might misunderstand this part, of course.
legendary
Activity: 2758
Merit: 6830
Someone posted this already: Someone just paid $2,6M in fees while sending just $133 in ETH

Possible explanation:
Doesn't look like this was an accident.

Looking through his transaction history he's used 60 gwei for every transaction, except this one.... That indicates the wallet was previously controlled by a smart contract or some automated service, but then this guy took over and manually cranked to gas price up to 500 million.

What's more likely is that he is working in cahoots with the mining pool to forcibly move money from one place to another, potentially converting illegitimate gains into legal proceeds (mining revenue). He'd then split the difference with the pool owner and get away with essentially laundering money.

This isn't the first time Sparkpool has received suspiciously high fee transactions before. And they often seem to agree to split it back with the sender.... Why would they do that when it's rightfully theirs to keep?

Also, this shouldn't be in the Bitcoin Discussion board.
hero member
Activity: 1890
Merit: 831
Apparently today at 4 , a millionaire who was holding Millions in his wallet (ETH) just sent out 130$ to an address but yeah with a fee of 2.6 million Dollars !

I know this is not related to Bitcoins therefore I apologize in advance if the topic has to be moved. But what's related to us is this ridiculous transaction fee !

Why do you think this happened?

1. The guy was for sure High or Drunk
2. The guy wanted to make some miners lucky , this time it was a company located in China

https://www.coindesk.com/whale-sent-130-ether-transaction-fee

The guy is still a millionaire and does hold a lot . Does that mean they were trying to support the Mining community by giving out pre-christmas present for them ? Or is it something he did and will realize later .

A generous offer by the same company states that : if it was indeed a mistake they might help the guy in recovering some amount.

What I wanted to talk about is :
Why only this company?
Isn't it fishy , because back something like same happened with them and they did split up 50/50 with the sender .

Is it possible that they are somehow regulating these things ? Has the Mining industry starting involving themselves in scams ? But then again something doesn't add up here .
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