Topic: Sending without transaction fees - page 2. (Read 3139 times)
my experience if confirmation is too long, the cost will be free
A while back, the fee changed to the following:
0.0001 BTC -> high priority
0.00001 BTC -> medium priority
My understanding is that 0.00002 is the safest, since it's above medium but below high (which should put it closer to high).
Good , means i can use medium priority for not so important transactions .Thank you
You likely need a pool operator to send you that screenshot as
most miners simply attach to pools and hash whatever their pool provides.
Most miners don't deal with such details.
Or perhaps someone who is just mining as a hobby might show you their criteria for what they prefer to include in their attempts.
I think also with 1000 satoshi your transaction will be confirmed in the next 30 minutes but it depends also of the weight of the TX itself. I pay always 1'000 satoshi and for me it is fine but sometimes I also pay 10'000 satoshi it is just a few cents of dollar (much less than a bank transfer).
seems good.Means if i want to get superfast confirmation , 100,000(very high priority ) will do the deal?
Thank you everyone for the help.
Would be awesome if someone could tell me or direct me to where i can see a screenshot of miner's screen
~Regards koelen3
I think also with 1000 satoshi your transaction will be confirmed in the next 30 minutes but it depends also of the weight of the TX itself. I pay always 1'000 satoshi and for me it is fine but sometimes I also pay 10'000 satoshi it is just a few cents of dollar (much less than a bank transfer).
Hello,
I read many things about transfees(not be included in a block)
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?
I read many things about transfees(not be included in a block)
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?
Well the rule of thumb is never send a transaction without a fee. It may take a month to confirm. The prioirity is low for such transactions.
I got some transactions with no fee and it didn't took months. Just 14 hours for the first confirmation.
[quote author=koelen3 link=topic=975178.msg10658643#msg10658643 date=142549275
Are you really sure , this happens ?
Let us suppose , for experiment purposes i leave 2-5 btc in a wallet for 3-4 months and then send that in 2-5 transactions with 1 BTC in each transaction , totally w/o fees , Because that's what happens in PoS ,the older the coins the more the stake .
I really do not understand what does it have to do here , a miner won't get anything on it .
Never mined any coins.
Can someone tell if that's correct and also would love if someone can show me a Screenshot of what a miner see's during mining, i mean how does he know what to accept or how old are bitcoin(as stated above)
[/quote]
You likely need a pool operator to send you that screenshot as
most miners simply attach to pools and hash whatever their pool provides.
Most miners don't deal with such details.
Or perhaps someone who is just mining as a hobby might show you their criteria for what they prefer to include in their attempts.
Are you really sure , this happens ?
Let us suppose , for experiment purposes i leave 2-5 btc in a wallet for 3-4 months and then send that in 2-5 transactions with 1 BTC in each transaction , totally w/o fees , Because that's what happens in PoS ,the older the coins the more the stake .
I really do not understand what does it have to do here , a miner won't get anything on it .
Never mined any coins.
Can someone tell if that's correct and also would love if someone can show me a Screenshot of what a miner see's during mining, i mean how does he know what to accept or how old are bitcoin(as stated above)
[/quote]
You likely need a pool operator to send you that screenshot as
most miners simply attach to pools and hash whatever their pool provides.
Most miners don't deal with such details.
Or perhaps someone who is just mining as a hobby might show you their criteria for what they prefer to include in their attempts.
From experience, you don't even have to leave them that long. I've had a transaction of just 0.1 BTC that sat for a couple days and I was still able to send 0.01 BTC without a fee. It took around 3 blocks to be confirmed, but that's not a big issue.
I've had smaller transactions that took up to a day.
I mean when you really think about it, though, the minimum fee was changed to what, like 0.00002 BTC? That's negligible.
0.0001 BTC ain't much to pay , it's just for experimental purposes .
Am sorry i haven't done any former experiments with it.
Could you explain the mean of term , the minimum fee was changed to what, like 0.00002 BTC?
As i understand the minimum fee is 0.0001 BTC
~Regards koelen3
A while back, the fee changed to the following:
0.0001 BTC -> high priority
0.00001 BTC -> medium priority
My understanding is that 0.00002 is the safest, since it's above medium but below high (which should put it closer to high).
From experience, you don't even have to leave them that long. I've had a transaction of just 0.1 BTC that sat for a couple days and I was still able to send 0.01 BTC without a fee. It took around 3 blocks to be confirmed, but that's not a big issue.
I've had smaller transactions that took up to a day.
I mean when you really think about it, though, the minimum fee was changed to what, like 0.00002 BTC? That's negligible.
0.0001 BTC ain't much to pay , it's just for experimental purposes .
Am sorry i haven't done any former experiments with it.
Could you explain the mean of term , the minimum fee was changed to what, like 0.00002 BTC?
As i understand the minimum fee is 0.0001 BTC
~Regards koelen3
If you mature some coins long enough and transaction size is below 1k, you can send it for free
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
The address you linked has 50btc in it and has been resting for years. It will qualify for a free transaction. It might not get confirmation within minutes, but I am sure it will eventually. It is up to the miners whether to accept transactions with no fees. Most do.
Are you really sure , this happens ?
Let us suppose , for experiment purposes i leave 2-5 btc in a wallet for 3-4 months and then send that in 2-5 transactions with 1 BTC in each transaction , totally w/o fees , Because that's what happens in PoS ,the older the coins the more the stake .
I really do not understand what does it have to do here , a miner won't get anything on it .
Never mined any coins.
Can someone tell if that's correct and also would love if someone can show me a Screenshot of what a miner see's during mining, i mean how does he know what to accept or how old are bitcoin(as stated above)
From experience, you don't even have to leave them that long. I've had a transaction of just 0.1 BTC that sat for a couple days and I was still able to send 0.01 BTC without a fee. It took around 3 blocks to be confirmed, but that's not a big issue.
I've had smaller transactions that took up to a day.
I mean when you really think about it, though, the minimum fee was changed to what, like 0.00002 BTC? That's negligible.
If you mature some coins long enough and transaction size is below 1k, you can send it for free
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
The address you linked has 50btc in it and has been resting for years. It will qualify for a free transaction. It might not get confirmation within minutes, but I am sure it will eventually. It is up to the miners whether to accept transactions with no fees. Most do.
Are you really sure , this happens ?
Let us suppose , for experiment purposes i leave 2-5 btc in a wallet for 3-4 months and then send that in 2-5 transactions with 1 BTC in each transaction , totally w/o fees , Because that's what happens in PoS ,the older the coins the more the stake .
I really do not understand what does it have to do here , a miner won't get anything on it .
Never mined any coins.
Can someone tell if that's correct and also would love if someone can show me a Screenshot of what a miner see's during mining, i mean how does he know what to accept or how old are bitcoin(as stated above)
i hope you aren't trying to figure out how to spam. in any case large btc sums without fees seem to confirm just as fast as small ones with fees. also small kb transactions such as those not made of many small pieces also confirm without fees.
I have done it some times but you have to be careful with dust transactions, I wouldn't do it with high amounts, it is risky
If you mature some coins long enough and transaction size is below 1k, you can send it for free
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
The address you linked has 50btc in it and has been resting for years. It will qualify for a free transaction. It might not get confirmation within minutes, but I am sure it will eventually. It is up to the miners whether to accept transactions with no fees. Most do.
I know the problem with confirmations and I can easily afford the fess, I am just curious about the fees etc.
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?
Miners are free to set their own policy for determining which transactions are included and which are not. Most miners follow Bitcoin Core's policy, but some do not.
use blockchain.info wallet, they let you set a fee of 0
You can get away with it only if your coins are old, because the main purpose of the fee is to defeat spam. So if you rarely move your coins, you are good.
You can get away with it only if your coins are old, because the main purpose of the fee is to defeat spam. So if you rarely move your coins, you are good.
That is pretty interesting but seeing how the transaction is in bytes , it's no wonder that works .
Have you tried it for bigger transaction ?
BTW just wondering , what do you do saving 0.00005 btc ?
Nope! never took risks with bigger transaction as i see what happen to them.
Well! 0.00005 btc is more than what Faucets pay
I know the problem with confirmations and I can easily afford the fess, I am just curious about the fees etc.
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?
Many of you say miners wouldnt accept the transaction without fees, so can a miner set what kind of transactions they want to include in a block or is it just the network doing it randomly?
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?
How is that possible and how can I actually do it?
Every transaction has a "priority" calcuated by the value, confirmations of its inputs, and transaction size. If you mature some coins long enough and transaction size is below 1k, you can send it for free. The theory says you rest 1 btc for 1 day, you can send it for free. In practice, it's not that simple. Don't try it if you are not sure, attach a fee and have peace of mind.
If you mature some coins long enough and transaction size is below 1k, you can send it for free
Never knew this , so let us suppose if a address like this
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
ever gets active and decides to send the coin , he /she/they can send it without fees and still get it confirmed ?
Any I saw many transactions without fees and still getting confirmed.
How is that possible and how can I actually do it?
How is that possible and how can I actually do it?
Every transaction has a "priority" calcuated by the value, confirmations of its inputs, and transaction size. If you mature some coins long enough and transaction size is below 1k, you can send it for free. The theory says you rest 1 btc for 1 day, you can send it for free. In practice, it's not that simple. Don't try it if you are not sure, attach a fee and have peace of mind.
That's true for big transactions.
Let's suppose you are sending 0.03 btc to someone , so generally you pay 0.0001 as transaction fees , but i sometimes crop it to half i.e. 0.00005 and still get same confirmation time, though it is not recommended and before you use them , Remember that they might take some days to pass
Let's suppose you are sending 0.03 btc to someone , so generally you pay 0.0001 as transaction fees , but i sometimes crop it to half i.e. 0.00005 and still get same confirmation time, though it is not recommended and before you use them , Remember that they might take some days to pass
In general, paying a fee of 0.00005 per kb is the same as paying nothing. However, each miner sets their own fee policy, so some miners might choose a transaction paying 0.00005 per kb over a transaction paying no fee.
Though that might be true , but for small transaction which are mostly in bytes i never pay 0.0001 fees but 0.00005 and the confirmation time is same as other
That is pretty interesting but seeing how the transaction is in bytes , it's no wonder that works .
Have you tried it for bigger transaction ?
BTW just wondering , what do you do saving 0.00005 btc ?
dont you even want to pay 0.0001 for using a free service ? Though that might be true , but for small transaction which are mostly in bytes i never pay 0.0001 fees but 0.00005 and the confirmation time is same as other
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