Pages:
Author

Topic: Some one paid 1.0394BTC as fee for 2 transactions. - page 4. (Read 4467 times)

legendary
Activity: 1358
Merit: 1014
I wonder who can make such a mistake without realizing what they are doing? I mean it's pretty hard to put that amount of money in the fee box, unless he had it on the clipboard and pasted it and clicked send without realizing.. still really weird.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
If you scammed someone why would you draw attention to it with a huge fee? A slightly above normal one's gonna do the job just fine. I guess it's probably an unfortunate mistake.
I agree with your opinion this is indeed a huge mistake and the sender is very unfortunate since there is no way it can be recovered this kind of things is the one that every one should be aware you can do that on paypal but never on bitcoin transaction where there is no third party that can help you recover the funds
If only the fee, it still can be recovered if pool which mined block that transaction want to give back it.
In past someone made same mistake, but the pool which mined block which has his transaction found out about this mistake & he gave back the huge fee to the owner.
But, i wonder if there are any pool which would do that Roll Eyes

Relayed bt IP: blockchain.info
Wallet is probably web wallet.

A warning should be displayed by wallets while sending with these kinda huge fees.

I'm sure that person didn't read carefully or ignore it
legendary
Activity: 2954
Merit: 4158
Relayed bt IP: blockchain.info
Wallet is probably web wallet.

A warning should be displayed by wallets while sending with these kinda huge fees.
Or a raw TX constructed by user and relayed using: https://blockchain.info/pushtx
If you scammed someone why would you draw attention to it with a huge fee? A slightly above normal one's gonna do the job just fine. I guess it's probably an unfortunate mistake.
I agree with your opinion this is indeed a huge mistake and the sender is very unfortunate since there is no way it can be recovered this kind of things is the one that every one should be aware you can do that on paypal but never on bitcoin transaction where there is no third party that can help you recover the funds
If only the fee, it still can be recovered if pool which mined block that transaction want to give back it.
In past someone made same mistake, but the pool which mined block which has his transaction found out about this mistake & he gave back the huge fee to the owner.
But, i wonder if there are any pool which would do that Roll Eyes
There have been instances where a pool refunded the fees fully.[1][2] There is no chance of getting a refund with decentralised pool like p2pool or most pools. There is a higher chance with privately owned pools.
[1] https://bitcointalksearch.org/topic/28-btc-transaction-fee-paid-help-please-final-update-refunded-by-ghashio-602152
[2] https://m.reddit.com/r/Bitcoin/comments/1lb5my/asicminer_refunds_the_accidental_200_btc/
hero member
Activity: 1204
Merit: 500
I think it was a mistake, but it's really suspicious transactions, whether it's one of the dark dealings of the underworld ??  Grin hahaha That really interesting
hero member
Activity: 661
Merit: 509
Relayed bt IP: blockchain.info
Wallet is probably web wallet.

A warning should be displayed by wallets while sending with these kinda huge fees.
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino
If you scammed someone why would you draw attention to it with a huge fee? A slightly above normal one's gonna do the job just fine. I guess it's probably an unfortunate mistake.
I agree with your opinion this is indeed a huge mistake and the sender is very unfortunate since there is no way it can be recovered this kind of things is the one that every one should be aware you can do that on paypal but never on bitcoin transaction where there is no third party that can help you recover the funds
hero member
Activity: 770
Merit: 509
Well, that transaction must have been processed fast as hell if anything. Maybe there's also the possibility that this was a rich guy just doing some testing on the network.
hero member
Activity: 658
Merit: 500
I think it is just a mistake. No one would spend so much as the transaction fee, this is clear.  Wink
legendary
Activity: 1890
Merit: 1078
Ian Knowles - CIYAM Lead Developer
they just didnt calculate the amount to send back correctly

Oh - yes - hmm... that does make you wonder then (perhaps a typo?).
legendary
Activity: 4214
Merit: 4458
(it seems fairly obvious that the tx creator forgot to add a "change output").

they did put in a change address
https://blockchain.info/tx/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f
(sending funds back to origin address)

they just didnt calculate the amount to send back correctly
legendary
Activity: 3808
Merit: 7912
Such a fee is weird when you see the total amount of the coins he had sent. If the dude was sending 1000's of Bitcoins, then ok, I could kinda understand that a high fee would do it. Even 0.01-0.05BTC would definitely be enough to be included in the next block that is being mined.
I never said that it was not enough. I don't see the importance/relevance of your statement towards mine.

You didn't say that it wasn't enough, that right. But just look at the bolded part. That's why I said what I said. Wink

Is that even possible? O.o
Why wouldn't it be? You can include any fee that you want. I'm not sure why you guys are surprised. Even though these events are rare, the fees included are far lower than the highest that we've had so far. Such a fee ensures that your transaction will process swiftly in addition to rewarding the miners.

That suggests something right?

 Yes the way it was worded implied the high fee was necessary for swift processing in this case.
Simple misunderstanding.
legendary
Activity: 1890
Merit: 1078
Ian Knowles - CIYAM Lead Developer
As @franky1 suggests it is most likely a mistake with creating a "raw transaction" (it seems fairly obvious that the tx creator forgot to add a "change output").

Compared to the mistake that I made in 2013 (with a fee of over 100 BTC) it really isn't so bad. Wink

https://bitcointalksearch.org/topic/resolved-111-btc-as-fees-dont-do-raw-txs-when-youre-tired-135665

And the huge tx fee that I accidentally paid is not the highest on record (I forget exactly what the record is but it is well over 100).
legendary
Activity: 2954
Merit: 4158
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.
sr. member
Activity: 360
Merit: 250
Token
ok guys, seems theres alot of speculation so here's mine
1. it was not a tx from an exchange.
2. it was a tx from someone manually making a tx

Yup when this sort of thing happens it's usually someone making a manual transaction and screwing it up.
legendary
Activity: 4214
Merit: 4458
ok guys, seems theres alot of speculation so here's mine
1. it was not a tx from an exchange.
2. it was a tx from someone manually making a tx

so lessons for people making a manual tx
lets say you had 2btc and you wanted to send someone 0.5btc

normally 0 fee tx looks like
2.0  -> 0.5 someone else
           1.5 yourself (change address)

normally a 0.0001 fee paying address looks like
2.0  -> 0.5 someone else
           1.4999 yourself (change address)

notice that you dont manually input a fee as a separate destination.. you however dont give yourself all of your leftovers(change) and the inbalance is what becomes the fee.

so by sending out 0.5 to someone else and accidentally only giving yourself 1.0 return
2.0  -> 0.5 someone else
           1.0 yourself (change address)

you have accidentally given a 0.5btc fee to the miners.

exchanges dont (shouldnt atleast) make mistakes like that. and secondly people(exchange customers) cannot decide what leftovers should be returned if using an exchange as they do not control or see the script exchanges use..
so this tx seems like an operator error from someone that has access to making the behind the scenes tx, not a user error
so i think this is a noob trying to make his own bitcoin program, and royally screwed up
legendary
Activity: 3206
Merit: 1069
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 hacker at that time did it for that reason on bitstamp
legendary
Activity: 2954
Merit: 4158
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.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
That could be a really expensive mistake. Unless they just had money to throw away
member
Activity: 98
Merit: 10
Must be a mistake, there's no need for such a high fee.
sr. member
Activity: 490
Merit: 255
Huh, that must be Santa who did that. Even 0.001 for transactions would be awfully fast in the network to be confirmed, let alone the digits you just gave here. Maybe just a mistake or did by purpose. It's either of the two lol/
Pages:
Jump to: