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Topic: What, why spam payments (Read 2268 times)

sr. member
Activity: 298
Merit: 250
October 05, 2014, 09:08:13 AM
#24
yes they are confirming, most of them have fee included it's more than the total sending sum itself.
and why it's just a cheap way of advertising their hyip or whatever it is.
newbie
Activity: 30
Merit: 0
October 04, 2014, 04:04:24 PM
#23
I guess you have to learn to embrace the spam and love the Satoshi
sr. member
Activity: 311
Merit: 250
October 04, 2014, 09:11:49 AM
#22
These transactions are confirming and cost little in fees. They are packed together so that they confirm. See for example this one:

https://blockchain.info/tx/bb0e4b14a0ae2e992feb7e7c34842114a09baf59f333a0f67eb0ccc6ec524413
full member
Activity: 137
Merit: 100
October 04, 2014, 09:07:27 AM
#21
hyip, huh? Huh
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
October 04, 2014, 06:21:50 AM
#20
I was under the impression that these transactions cost more to spend the satoshis themselves if you wanted to. 

Also, I get it (sort of)

Rather pay $500USD  in BTC to spam 250,000 BTC addresses with your name so they could spend income (after all the profile of a btc holder is likely someone who happens to have a little money invested into it) so they could perceivably invest in hyip too.

When I first noticed it I saw it was hitting different members of the Bitcoin community like moderators - I believe that person for person, it probably makes more economic sense for an hyip to pay via blockchain spam as opposed to traditional email spam or junk mail that so often gets trashed or overlooked - hence, people spend up satoshis that can never reallybe spent (at the time this was written as current iteration of standard bitcoin software anyway)
sr. member
Activity: 362
Merit: 262
October 04, 2014, 05:59:21 AM
#19
From here: https://bitcoin.org/en/developer-guide#non-standard-transactions

Quote
The transaction must not include any outputs which receive fewer than the defined minimum number of satoshis, currently 546.

Some miner is mining these spam transactions which are non-standard.

What do you mean by "mining these spam transactions"?

I mean they are conforming when the standard client won't even recognise them as standard.
full member
Activity: 137
Merit: 100
October 03, 2014, 11:30:19 AM
#18
From here: https://bitcoin.org/en/developer-guide#non-standard-transactions

Quote
The transaction must not include any outputs which receive fewer than the defined minimum number of satoshis, currently 546.

Some miner is mining these spam transactions which are non-standard.

What do you mean by "mining these spam transactions"?
full member
Activity: 137
Merit: 100
October 03, 2014, 11:28:38 AM
#17
First I received 2. They both were confirming for days. Then 1 disappeared from my account and the other finally finished the next day. Yesterday I received 3 more. I thought maybe because of my joke above where I said send me 1 satoshi. 2 confirmed in around an hour. The third one is still going and looks like it is going to be awhile. Strange since there are fees with each one. I don't understand what would motivate sending these but who am I to argue with free satoshi? :-P
hero member
Activity: 818
Merit: 508
October 03, 2014, 09:23:50 AM
#16
I'm glad this is being talked about.  I have been receiving a Satoshi here, a Satoshi there, for the past couple of weeks. 

How about a free bitcoin or 2.

sr. member
Activity: 362
Merit: 262
October 03, 2014, 07:29:27 AM
#15
From here: https://bitcoin.org/en/developer-guide#non-standard-transactions

Quote
The transaction must not include any outputs which receive fewer than the defined minimum number of satoshis, currently 546.

Some miner is mining these spam transactions which are non-standard.
sr. member
Activity: 362
Merit: 262
October 03, 2014, 06:40:33 AM
#14
I thought it should not confirm though?  I am used to seeing these appear and not confirm but these are confirming.

I am ignoring spam dust but how is this tx confirming?  I thought tx with outputs that are too small should not confirm?

https://insight.bitpay.com/tx/3604367170e2340c757e7e956c583a2860a86982f3f830296003926052a64ec1
http://btc.blockr.io/tx/info/3604367170e2340c757e7e956c583a2860a86982f3f830296003926052a64ec1

Thanks.
member
Activity: 109
Merit: 10
October 02, 2014, 09:08:41 PM
#13
It's a form of advertising. People don't click ads right, why not get their attention with free money?
full member
Activity: 137
Merit: 100
October 02, 2014, 08:45:26 PM
#12
Its raining Satoshi!  Grin
full member
Activity: 137
Merit: 100
September 30, 2014, 04:02:43 PM
#11
I received 2 at about the same time. both sat there confirming for days. The first 1 finally finished. The 2nd 1 is still going and going and going...
legendary
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
September 30, 2014, 03:46:06 PM
#10
Could we theoretically avoid spam payments by not using bitcoin addresses?

Like, OP_SHA256 or something instead?
hero member
Activity: 924
Merit: 1000
September 30, 2014, 03:16:17 PM
#9
Got the same one, but it actually confirmed. I think it will eventually confirm, itll just take a few days...
full member
Activity: 137
Merit: 100
September 30, 2014, 02:22:25 PM
#8
Oh well. Coinbase is right. Not hurting anything.

If you feel bad for me, send me 1 satoshi :-P
member
Activity: 88
Merit: 12
September 30, 2014, 02:00:39 PM
#7
full member
Activity: 137
Merit: 100
September 30, 2014, 01:11:15 PM
#6
I used it for mining proceeds. Let me know if you learn anything. It has been confirming for days. That's the part I really dont understand.

1GuCbnJikwvSgQbrdfGinsLQsmUFASh2Ug


member
Activity: 88
Merit: 12
September 30, 2014, 12:49:45 PM
#5
Haha, good for you. That's strange, I've never seen spam with such a high fee. Maybe someone is testing which miners have custom software as to when to include transactions. Since they have such a large fee miners would want them, but since the outputs are small the reference implementation (I think) would likely not forward the transactions. You're sure there's no reason that someone would send you that? I was thinking maybe it could be mining dividends, with very low pay-off, but that doesn't make sense because the fee is so high. Although, if it were the miner distributing the rewards in a block that it solved, then it would get the rewards anyway, so the fee really wouldn't matter...

Out of curiousity, could you post a link to see it in a block explorer, such as blockchain.info?
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