Author

Topic: Someone just paid 94.35425882 BTC in transaction fee (Read 6766 times)

full member
Activity: 222
Merit: 100
Hey,

have check the details and contact the user.
The BTC where send to MtGox. So the high fee is on MtGox side and they made the fault Tongue
legendary
Activity: 1358
Merit: 1002
I started it with my comment, so an explanation is due: I don't think I'm touchy because of scams, but because I feel people - even nice people - often manage to convince themselves how world is full of selfish assholes who would never return lost or stolen property to the original owner. This assumption makes even nice folks act not-so-nicely, in defense from an erroneous image of reality.
Things are better than that, but will keep getting worse if we assume the worst. I am sure the majority of people reading this would return the money sent to them by mistake like this.
There's a saying that an optimist is a happy idiot, and a pessimist a sad idiot...
Most people are by default evil and won't do something good without some ulterior motive. On the other hand, most people have motives: staying out of jail, better reputation, etc.
The approach I usually try to use is to assume the best of people, but expect the worst.

That being said, this forum is particularly full of trolls. While I can't speculate on readers, realistically I think the majority of people who might reply to this post would not return the fee.
Says the person who used the Eligius pool to destroy an alt coin coz he wanted to ...

Remember: Always assume the best... but expect the worst!
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
I started it with my comment, so an explanation is due: I don't think I'm touchy because of scams, but because I feel people - even nice people - often manage to convince themselves how world is full of selfish assholes who would never return lost or stolen property to the original owner. This assumption makes even nice folks act not-so-nicely, in defense from an erroneous image of reality.
Things are better than that, but will keep getting worse if we assume the worst. I am sure the majority of people reading this would return the money sent to them by mistake like this.
There's a saying that an optimist is a happy idiot, and a pessimist a sad idiot...
Most people are by default evil and won't do something good without some ulterior motive. On the other hand, most people have motives: staying out of jail, better reputation, etc.
The approach I usually try to use is to assume the best of people, but expect the worst.

That being said, this forum is particularly full of trolls. While I can't speculate on readers, realistically I think the majority of people who might reply to this post would not return the fee.
Says the person who used the Eligius pool to destroy an alt coin coz he wanted to ...
legendary
Activity: 2576
Merit: 1186
I started it with my comment, so an explanation is due: I don't think I'm touchy because of scams, but because I feel people - even nice people - often manage to convince themselves how world is full of selfish assholes who would never return lost or stolen property to the original owner. This assumption makes even nice folks act not-so-nicely, in defense from an erroneous image of reality.
Things are better than that, but will keep getting worse if we assume the worst. I am sure the majority of people reading this would return the money sent to them by mistake like this.
There's a saying that an optimist is a happy idiot, and a pessimist a sad idiot...
Most people are by default evil and won't do something good without some ulterior motive. On the other hand, most people have motives: staying out of jail, better reputation, etc.
The approach I usually try to use is to assume the best of people, but expect the worst.

That being said, this forum is particularly full of trolls. While I can't speculate on readers, realistically I think the majority of people who might reply to this post would not return the fee.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
If you are curious as to what percent of users here claim they would have returned the coins:

https://bitcointalksearch.org/topic/would-you-return-found-money-to-the-proven-original-owner-who-lost-it-151072
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
What confuses me is how people can presumably-accidentally waste this much money, and apparently never even notice so they can try to recover it.

This is purely speculation but if someone with a high rep on this forum had a brainfart like I did doing a raw tx then it is possible that they might forgo the chance to recover it in order not to be identified as having made such a mistake in the first place (it did cross my mind for at least a second or two before I made my mistake public).
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.

OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
It was simply low level humour postulating on what the pool would do with the money which obviously you did not find funny.

I understand people are very touchy with respect to transactions on this forum given the number of scams constantly going on, but lumping me with them given my history with bitcoin and free software when I'm not running any business venture and have only ever delivered code in response to donations is a bit harsh.

On the other hand, the mere presence of this forum thread may well change the pool's response to this transaction error.
I started it with my comment, so an explanation is due: I don't think I'm touchy because of scams, but because I feel people - even nice people - often manage to convince themselves how world is full of selfish assholes who would never return lost or stolen property to the original owner. This assumption makes even nice folks act not-so-nicely, in defense from an erroneous image of reality.
Things are better than that, but will keep getting worse if we assume the worst. I am sure the majority of people reading this would return the money sent to them by mistake like this.

 
legendary
Activity: 1358
Merit: 1002
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.

OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
It was simply low level humour postulating on what the pool would do with the money which obviously you did not find funny.

I understand people are very touchy with respect to transactions on this forum given the number of scams constantly going on, but lumping me with them given my history with bitcoin and free software when I'm not running any business venture and have only ever delivered code in response to donations is a bit harsh.

On the other hand, the mere presence of this forum thread may well change the pool's response to this transaction error.

Thank you!
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.

OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
It was simply low level humour postulating on what the pool would do with the money which obviously you did not find funny.

I understand people are very touchy with respect to transactions on this forum given the number of scams constantly going on, but lumping me with them given my history with bitcoin and free software when I'm not running any business venture and have only ever delivered code in response to donations is a bit harsh.

On the other hand, the mere presence of this forum thread may well change the pool's response to this transaction error.
legendary
Activity: 2576
Merit: 1186
What confuses me is how people can presumably-accidentally waste this much money, and apparently never even notice so they can try to recover it.
legendary
Activity: 1358
Merit: 1002
Earlier this year, I mistakenly paid 90+ coins in transaction fee when playing with createrawtransaction. Fortunately that time I was playing with terracoind. The owner of the 90+ bitcoins might be a victim of createrawtransaction, too.

I suspect those raw transactions will be a trap for many many more Smiley
sr. member
Activity: 324
Merit: 260
Earlier this year, I mistakenly paid 90+ coins in transaction fee when playing with createrawtransaction. Fortunately that time I was playing with terracoind. The owner of the 90+ bitcoins might be a victim of createrawtransaction, too.
legendary
Activity: 1400
Merit: 1005
wizkid, are you going to distribute this large fee once you get the code working, or attempt to return it to the owner, or keep it as part of the pool's funding?
legendary
Activity: 1358
Merit: 1002
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.
OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
Stop looking for things that aren't there.

How can I be looking for things which aren't there if I'm asking him to explain us what he meant? Huh
legendary
Activity: 952
Merit: 1000
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.
OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
Stop looking for things that aren't there.
legendary
Activity: 1358
Merit: 1002
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.

OK, don't let us speculate. What did you mean by:
Ahahaha you so funny  Cheesy
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Eleuthria has been an upstanding and respectable member of the bitcoin community for as long as I can remember, and I am touched he gave back the transaction fees he received by mistake in that block that was mined.
DrG
legendary
Activity: 2086
Merit: 1035
I read that as ckolivas believing that eleuthria's hope of an attempt to return the mistake as being laughably unlikely, without any specific statement of whether he would keep or return himself...

2nd this.  Quit making wild assumptions.

Wild assumptions just like the one Marrs and you made or the one I made?

Talk about the pot calling the kettle black...

Not taking sides here.  Just noting that once eleuthria got a similarly insane transaction fee and he did in fact refund the fee to the sender.

If you want to read animosity into what was said it wouldn't be hard though given the CGMiner/BFGMiner split.
legendary
Activity: 1358
Merit: 1002
I read that as ckolivas believing that eleuthria's hope of an attempt to return the mistake as being laughably unlikely, without any specific statement of whether he would keep or return himself...

2nd this.  Quit making wild assumptions.

Wild assumptions just like the one Marrs and you made or the one I made?

Talk about the pot calling the kettle black...
hero member
Activity: 642
Merit: 500
I read that as ckolivas believing that eleuthria's hope of an attempt to return the mistake as being laughably unlikely, without any specific statement of whether he would keep or return himself...

2nd this.  Quit making wild assumptions.
member
Activity: 112
Merit: 10
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy

No, he was not funny. Your comment, however, is alarming.

P.S.

https://bitcointalksearch.org/topic/m.1445271


I guess we already know ckolivas would keep the money. Honest fellow that ckolivas.
Mental note: No business with this dude whatsoever.

I read that as ckolivas believing that eleuthria's hope of an attempt to return the mistake as being laughably unlikely, without any specific statement of whether he would keep or return himself...

legendary
Activity: 1223
Merit: 1006
BTW, Luke-Jr doesn't share with miners, it looks like Eligius keeps all the fees...

Actually, Luke-Jr doesn't have a whole lot to do with that anymore.  (See this post).

And I'm currently trying to work out a way to be able to distribute fees to miners under the CPPSRB system, so, bear with me!

-wk
But he still has full access to the private details of the pool ... so it's not like anything has really changed ...

Of course he does.  I was given my own access by him, and there has been no reason for his own access to be removed.  However, he only really ever needs to do anything for the pool itself really when something breaks and I'm not around.

The entire reward system was written from scratch by me making the pool as a whole essentially rewritten by me.  Obviously the pool still uses Eloipool, written by Luke-Jr, along with the corresponding Eligius bitcoin branch for bitcoind, and I have no issue with him pulling updates to these things himself.

But no one besides myself ever touches any of the code for what really makes the pool a working pool (reward system, stats, back-end database structure, etc).  There is very little code left related to the "pre-wizkid" Eligius running on the pool server.  One example would be the namecoin SMPPS code, which is scheduled for shutdown in a couple of weeks anyway, leaving really next to nothing from the old Eligius as part of the pool.

Also, there really aren't many "private details" at Eligius.  Almost everything running is either open source, exposed via API or stats, announced, or otherwise as transparent as possible.  (A notable exception being the CPPSRB reward system code itself, which I am still actively developing and testing. Since this code directly handles payouts of actual coins, I'm not quite ready for the code to see the light of day until I've had the time to fully dot my I's, cross my T's, and audit it for any potential security issues.)

But, back to the topic at hand, fees from Eligius blocks are, under the hosting agreement, to be shared with the server sponsor.  It is being discussed on how this agreement can be changed to benefit Eligius miners.

Also, if someone comes forward soon with properly signed messages proving original ownership of this obviously large mistake of a transaction fee, I will be glad to speak with them about it.

-wk
legendary
Activity: 952
Merit: 1000
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy
No, he was not funny. Your comment, however, is alarming.

P.S.

https://bitcointalksearch.org/topic/m.1445271
I guess we already know ckolivas would keep the money. Honest fellow that ckolivas.
Mental note: No business with this dude whatsoever.
legendary
Activity: 1358
Merit: 1002
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy

No, he was not funny. Your comment, however, is alarming.

P.S.

https://bitcointalksearch.org/topic/m.1445271


I guess we already know ckolivas would keep the money. Honest fellow that ckolivas.
Mental note: No business with this dude whatsoever.
newbie
Activity: 53
Merit: 0
Transaction with 94.35425882 BTC paid in fees.
Just a hypothetical question:  If the 94.35425882 were stolen, is the entire output of the generation transaction now "clean money" or is everything, including the virgin 25BTC, now "dirty money".

And could miners deliberately use this technique to launder dirty money?

And if a miner wanted to ensure he mined perfectly virgin, untainted, clean money, does the miner have to reject all transactions that include a fee?

What's the consensus?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy

No, he was not funny. Your comment, however, is alarming.

P.S.

https://bitcointalksearch.org/topic/m.1445271
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy

What's so funny?
Returning it makes a great story, and might be/is the right thing to do.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
BTW, Luke-Jr doesn't share with miners, it looks like Eligius keeps all the fees...

Actually, Luke-Jr doesn't have a whole lot to do with that anymore.  (See this post).

And I'm currently trying to work out a way to be able to distribute fees to miners under the CPPSRB system, so, bear with me!

-wk
But he still has full access to the private details of the pool ... so it's not like anything has really changed ...
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
Ahahaha you so funny  Cheesy
legendary
Activity: 1750
Merit: 1007
I certainly hope some attempt is being made to return this obvious mistake back to the person who made the transaction.
legendary
Activity: 1223
Merit: 1006
BTW, Luke-Jr doesn't share with miners, it looks like Eligius keeps all the fees...

Actually, Luke-Jr doesn't have a whole lot to do with that anymore.  (See this post).

And I'm currently trying to work out a way to be able to distribute fees to miners under the CPPSRB system, so, bear with me!

-wk
legendary
Activity: 1512
Merit: 1036
Someone really wanted their transaction to go through? More likely another raw transaction mistake. Just included in the last block:

http://blockchain.info/tx/13dffdaef097881acfe9bdb5e6338192242d80161ffec264ee61cf23bc9a1164

TL;DClick: Transaction with 94.35425882 BTC paid in fees. Just a $4000 mistake...

BTW, Luke-Jr doesn't share with miners, it looks like Eligius keeps all the fees...
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