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Topic: Some one paid 1.0394BTC as fee for 2 transactions. - page 2. (Read 4475 times)

legendary
Activity: 1330
Merit: 1019
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7
What is really happening? I'm not sure this is often the case, and why users still want to do a transaction if he knows it will be a fee for it?
This may be a very rare error, but still I am worried this will often happen, I can not imagine a transaction fee by almost 30%
It is really shocking that some one has paid so big amount as fees to do transactions only in Bitcoins. It may be happened through error or he doesn't know about the fees and Bitcoins much about it.
hero member
Activity: 576
Merit: 503
Mistake I guess, but here's a real whopper (still recent, 2015/4)  with a fee of 86 bitcoins.
The guy was combining p2sh inputs to one p2pkh address. I guess the complications helped the slip up.
Damn, I'd be kicking myself.

https://blockr.io/tx/info/860e4e6bc2b846f00a1660dcb49d84a00dcd7b87ba23100e836dfb682249a807
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

This seems to me like an appreciation shown by someone to miners for their work, maybe... Wink
Else, no one is such a stupid nowadays to pay this much in a fee at current value of BTC, unless he/she has lots of coins to just throw away like this...
sr. member
Activity: 493
Merit: 250
Live by your own rules
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7
What is really happening? I'm not sure this is often the case, and why users still want to do a transaction if he knows it will be a fee for it?
This may be a very rare error, but still I am worried this will often happen, I can not imagine a transaction fee by almost 30%
sr. member
Activity: 324
Merit: 260
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

So who will get the of bitcoon fee..?

Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction

No. They are not our transactions.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

So who will get the of bitcoon fee..?
It was a Christmas gift to the miners that will eventually trickle down to the bitcoin community.
Tis the season of giving  Wink
Mistakes can happen but I doubt that was one of them. He is santa to someone most definitely  Grin
hero member
Activity: 636
Merit: 500
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

So who will get the of bitcoon fee..?

Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction

That's exactly what I've said in previous page. From right pocket to left pocket. They use this system sometimes.
Miners get fees, so miners can do these type of things.
full member
Activity: 180
Merit: 100
A gift to the "Bitcoin Community" paid in the spirit of gratuity for the extreme savings realized.

Zerohedge had a recent article about moving money out of China.
Of 63million Yuan sent, only 8 million arrived outside China.
With Bitcoin, 100% arrived.
Who to tip??

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

So who will get the of bitcoon fee..?

Discus Fish is the pool mined this block 390619 (most probably) so it is likely their own transaction
hero member
Activity: 1092
Merit: 520
what a terrible mistake, i would be gutted with that........... Sad
sr. member
Activity: 294
Merit: 250
Of course was a mistake, there are topics here about people that sent high fees by mistake.

And the fee will go to whoever mines the block.

A costly mistake to make, huh. That guy must be high.
legendary
Activity: 1792
Merit: 1009
Of course was a mistake, there are topics here about people that sent high fees by mistake.

And the fee will go to whoever mines the block.
full member
Activity: 608
Merit: 100
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

So who will get the of bitcoon fee..?
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
I remember during early days when Satoshi was testing transactions, he would include 50 BTC as fee, and because he was the only miner, he would receive those fee back into his wallet

Similarly, these might be miner constructed transactions to test some function, and since they are included in his own mined block, he does not lose anything
legendary
Activity: 2100
Merit: 1058
Mostly a big mistake of the sender

May be a mistake. But I smell any possible hacking.
When the bitstamp's hot wallet was compromised, the hacker paid 1 full BTC to make his transaction to get picked by the new block against the bitsatmp owner's transactions.
That kind of situation may be behind in this high fee also.
full member
Activity: 154
Merit: 100
its not that someone is super rich or show boating to send those coins with huge trans fee, it was a simple mistake. was  trying to get the hang out of it..it comes down to the point that everyone  should know what trans fees you are shelling out with each transactions rather than having a blind eye on the default fees
full member
Activity: 238
Merit: 100
Mostly a big mistake of the sender
member
Activity: 112
Merit: 10
Sounds like it was someone who really needed the money moved quick, probably for illegal reasons people mentioned above
full member
Activity: 157
Merit: 100
That's just crazy.... Why would anyone do that?

They're better off transferring money using PP or WU  Roll Eyes Roll Eyes
legendary
Activity: 2982
Merit: 4193
he scammed someone maybe and want high priority for the transfer? this thing happned with the hacker on bitstamp, i remember the hacker payed 1 btc for the fee
But it's not Bitstamp. Bitstamp can detect the unauthorised TX fairly easily with the infrastructure and hence 1BTC would make any miner happy. No one in the right mind would immediately pay up to 1 BTC as a transaction fee just to prevent any double spend.

Judging by how both TXes only have one output. It would be possible that the client made an error and forgot to include any change address and thus the amount not redeemed is the miner fee. It's an expensive error.

is not for preventing double spend, it was for sending the funds asap , the hacked at that time did it for taht reason on bitstamp
Why would they want the funds ASAP? They need at least a confirmation to try to stop Bitstamp from double spending it. If they don't, Bitstamp can easily double spend it by asking a few miners to mine their TX and move it elsewhere.

it's not so easy for bitstamp to doublespend by asking miners, you say it like it's somethign they can do at will

the hacker wanted to get the funds asap to avoid the account being locked from bitstamp, supposedly
It is. As long as a miner is willing to help, they can include Bitstamp's TX.

No. AFAIK, bitstamp does not allow any TX fee adjustments. The hacker got in control of the wallet.dat and password[1]. At this point, both parties have the private key and hence they need to prevent each other from getting the confirmed TX.

[1] http://www.coindesk.com/unconfirmed-report-5-million-bitstamp-bitcoin-exchange/
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