Topic: this is what will Kill bitcoin. (Read 1710 times)
I never thought about this problem, I have to small deposit to face it, but...man this is a robbery
You are right the transaction fees really sucks added to the confirmation requirement that is also taking so much time to handle. And if this will continue bitcoin can probably die especially that there are more faster blockchain and cheaper transaction fees offered by other alts. People are just waiting for those alts to appreciate and if time comes they reach bitcoin value people probably leave bitcoin.
2 computers sitting side by side. I sent .02 bitcoin from a 2013 multibit wallet to a Exodus in laptop. 13 days still not Confirmed I can't add money to the fee in 2013 wallet. so fee shows $.81. so network won't send it though. In 13 DAYS it has seen 22 peers. I would pay more fee if I could. 13 Days ! Really! Get your sh** to gather. This will Kill Bitcoin! 
Do you stop driving a car after 4 years. do you through away everything after 4 years. Return to sender for low fees. Real easy. Just like a letter. I'm not a computer science major. I was a Truck driver, heavy equipment hauler, oilfield worker, heavy equipment operator, lawn boy and mechanic. 55 years old. They didn't teach computers when i was in school in 1978, it was electric typewriters only not even a Walkman. they had boom boxes. I'm self tought on computers. That means I don't know nothing about self destucting software wallets. The NETWORK needs Return to sender. This is day 14.at 31 peers unconfirmed.
I'm the first to say I'm a dumb a$$. Everyone is saying I should have known not to use a 4 year old wallet. The Network should have Known I was Going to use a 4yr old wallet and Return to Sender. They are the Smart People that went to school for computers. not me. LoL
The transaction fee is really a problem because the whole ideal was that the fees were supposed to be way lower than these but because of greed on the part of the miners, thats why the fees are currently at the level it is at the moment and i don't think that its good for the network at all. Do you stop driving a car after 4 years. do you through away everything after 4 years. Return to sender for low fees. Real easy. Just like a letter. I'm not a computer science major. I was a Truck driver, heavy equipment hauler, oilfield worker, heavy equipment operator, lawn boy and mechanic. 55 years old. They didn't teach computers when i was in school in 1978, it was electric typewriters only not even a Walkman. they had boom boxes. I'm self tought on computers. That means I don't know nothing about self destucting software wallets. The NETWORK needs Return to sender. This is day 14.at 31 peers unconfirmed.
I'm the first to say I'm a dumb a$$. Everyone is saying I should have known not to use a 4 year old wallet. The Network should have Known I was Going to use a 4yr old wallet and Return to Sender. They are the Smart People that went to school for computers. not me. LoL
use bitcoin to make transfers ...
that a pity, man.. but we all have to get used to the idea that bitcoin became the store of value rather than mean of payment.. don't move it! 
That nullifies the whole idea behind bitcoin. I am amazed how bitcoin is moving away from its traditional concept of digital currency.
This is Day 20. What is the Transaction Id number? I have 5 different sets of numbers in the transaction box. block explorer and Blockchain.info both say transaction Not Found.
It seems that there are people who have acquired old wallets. In order to not be disappointed, especially, if you are new, don't be afraid to read forums and learn more about the industry. Bad reputation could kill bitcoin or the lack of movement in the community.
2 computers sitting side by side. I sent .02 bitcoin from a 2013 multibit wallet to a Exodus in laptop. 13 days still not Confirmed I can't add money to the fee in 2013 wallet. so fee shows $.81. so network won't send it though. In 13 DAYS it has seen 22 peers. I would pay more fee if I could. 13 Days ! Really! Get your sh** to gather. This will Kill Bitcoin!
You should have used updated wallet to send bitcoins instead of outdated wallet.its true that bitcoin transaction fee is very high but this move is just to criticize bitcoin.Liecoin as well as any other altcoin has not processed such huge volume of transactions as bitcoin does.If it happens,then the truth would be revealed.
Bitcoin is a world wide popular internet based system. Though it is very valueable, it may be kill. If anytime internet will stop that time Bitcoin has no value. Because it is not able to transfer without internet. But it is mostly impossibe. Only down of internet will kill Bitcoin.
I agree to this that Internet turned our world into global village and it connects I think every part of the world to each other. Bitcoin relies on Internet but if there will be no net still people will have Bitcoin in their paper wallets or somewhere saved in their mobile apps. What if it becomes possible that we can send or receive our Bitcoin by using same services through which we make calls and SMS? I am just changing the communication method here. Internet will definitely not kill Bitcoin that way. Just an idea!
The website said 1.5 million used multibit wallets. so this is happening probably a hundred times a day. And the network can't set up Return to Sender. really it's a dead give away of Low Fee. Not everyone on a computer went to school for computers and software. I learned WHAT LITTLE I KNOW about bitcoin after work at night. When Bit stayed at nothing for 4 years I was working.
It is already 14 days, so your transaction should be rejected by the mempool anytime soon. It happened to me once.It should have been RETURED For Low fees. The post office does it that way.
There is no third person in bitcoin to decide that. Some wallets have an option to set your own fees, if system cancels low fees, how about those who choose low fees because they are not in a hurry. It is the senders responsible to set enough fees and the system to process them. If it is not confirmed within a set of time, it gets rejected by the mempool and returns back to the sender.
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When the fee is 1/3 normal. It is easy to see it's an abandoned software wallet, You know Mutlibit. With a set fee that can't be change. Return at Peer #1 that will get the abandoned software wallet out of the system. That will speed up the system. There Must be thousands of transactions just like mine clogging the systems. With 1.5 million Multibit Wallets out there
I only found the Landmine After I stepped on it. It didn't even click.
Add expiration dates to wallets. Like a package of Meat. Do Not Use After 2014.
The website said 1.5 million used multibit wallets. so this is happening probably a hundred times a day. And the network can't set up Return to Sender. really it's a dead give away of Low Fee. Not everyone on a computer went to school for computers and software. I learned WHAT LITTLE I KNOW about bitcoin after work at night. When Bit stayed at nothing for 4 years I was working.
It is already 14 days, so your transaction should be rejected by the mempool anytime soon. It happened to me once.It should have been RETURED For Low fees. The post office does it that way.
There is no third person in bitcoin to decide that. Some wallets have an option to set your own fees, if system cancels low fees, how about those who choose low fees because they are not in a hurry. It is the senders responsible to set enough fees and the system to process them. If it is not confirmed within a set of time, it gets rejected by the mempool and returns back to the sender.
It's not right to blame me for a software maker who Abandoned their product. Talk about Make your money and run.
The website said 1.5 million used multibit wallets. so this is happening probably a hundred times a day. And the network can't set up Return to Sender. really it's a dead give away of Low Fee. Not everyone on a computer went to school for computers and software. I learned WHAT LITTLE I KNOW about bitcoin after work at night. When Bit stayed at nothing for 4 years I was working.
It is already 14 days, so your transaction should be rejected by the mempool anytime soon. It happened to me once.It should have been RETURED For Low fees. The post office does it that way.
There is no third person in bitcoin to decide that. Some wallets have an option to set your own fees, if system cancels low fees, how about those who choose low fees because they are not in a hurry. It is the senders responsible to set enough fees and the system to process them. If it is not confirmed within a set of time, it gets rejected by the mempool and returns back to the sender.
2 computers sitting side by side. I sent .02 bitcoin from a 2013 multibit wallet to a Exodus in laptop. 13 days still not Confirmed I can't add money to the fee in 2013 wallet. so fee shows $.81. so network won't send it though. In 13 DAYS it has seen 22 peers. I would pay more fee if I could. 13 Days ! Really! Get your sh** to gather. This will Kill Bitcoin!
You should have used updated wallet to send bitcoins instead of outdated wallet.its true that bitcoin transaction fee is very high but this move is just to criticize bitcoin.[/quote
The Bitcoin Network Needs a Return to Sender Policy for low fees. I'm waiting 14 days for what should have returned in 60 seconds. Like the Post Office. Like a tag out on your car.
It don't get better until someone says something.
Ladydark
Why would I criticize Bitcoin? I have and am making money from Bitcoin. But the Network Needs a Return to sender policy. Nothing Happens if no one talks about it. This May be why the network is backed up with multibit low fee transactions. This may fix something. I don't Know.
2 computers sitting side by side. I sent .02 bitcoin from a 2013 multibit wallet to a Exodus in laptop. 13 days still not Confirmed I can't add money to the fee in 2013 wallet. so fee shows $.81. so network won't send it though. In 13 DAYS it has seen 22 peers. I would pay more fee if I could. 13 Days ! Really! Get your sh** to gather. This will Kill Bitcoin!
You should have used updated wallet to send bitcoins instead of outdated wallet.its true that bitcoin transaction fee is very high but this move is just to criticize bitcoin.Liecoin as well as any other altcoin has not processed such huge volume of transactions as bitcoin does.If it happens,then the truth would be revealed.
The website said 1.5 million used multibit wallets. so this is happening probably a hundred times a day. And the network can't set up Return to Sender. really it's a dead give away of Low Fee. Not everyone on a computer went to school for computers and software. I learned WHAT LITTLE I KNOW about bitcoin after work at night. When Bit stayed at nothing for 4 years I was working.
It just seen 30 peers sent 11 -12- 17 I'm a lot like other people I learn my mistakes as I make them. Bitcoin is a new Baby we are growing Older together. Nobody 55 years old knows everything yet. I'm not the first one to do this. It should have been RETURED For Low fees. The post office does it that way.
I sent .02 bitcoin from a 2013 multibit wallet.
You should've stopped writing at that exact point. Why did you send coins from a 2013 wallet ?
I guess you've been around for these 4 years and do know that the fees aren't the same anymore so how did you expect that your 2013 outdated wallet will be fine to pass the transaction ?
The best thing would be exporting the private key of that address and imported it into a new up to date electrum wallet and then send the coins from there. Electrum has dynamic fees which constantly changes according to the size of the mempool at the time of creating the transaction.
13 days ? Is the transaction even still on nodes ? Can you post the tx of it and maybe we could help you out ? 13 days is a bit too much and it should be dropped.
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Get your sh** to gather. This will Kill Bitcoin!
Don't blame the whole coin for YOUR mistakes. Bitcoin itself has nothing to do with all these wallets.
I sent .02 bitcoin from a 2013 multibit wallet.
You should've stopped writing at that exact point. Why did you send coins from a 2013 wallet ?
I guess you've been around for these 4 years and do know that the fees aren't the same anymore so how did you expect that your 2013 outdated wallet will be fine to pass the transaction ?
The best thing would be exporting the private key of that address and imported it into a new up to date electrum wallet and then send the coins from there. Electrum has dynamic fees which constantly changes according to the size of the mempool at the time of creating the transaction.
13 days ? Is the transaction even still on nodes ? Can you post the tx of it and maybe we could help you out ? 13 days is a bit too much and it should be dropped.
Quote
Get your sh** to gather. This will Kill Bitcoin!
Don't blame the whole coin for YOUR mistakes. Bitcoin itself has nothing to do with all these wallets.
Sorry buy I am not even going to read your post. The fact that you are claiming Bitcoin will be killed and die automatically shows me you don't know what you are talking about. LOL
I have put every number but 1 line with around 60 digits in it in the search boxes on the 2 web sites in the Transactions details box. every time is shows Not found. But peers seen keeps going up. 29 now That's Good Right?
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