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Topic: Why am I receiving a negative? - electrum - page 2. (Read 488 times)

hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
November 01, 2018, 11:20:34 PM
#5
what? you mean if I sent 0.00001 100 times to my friend, it will be useless?
I would say costly to use it. one utxo input worth 100-150 sats in a transaction
to send that 0.00001 (= 1000 satoshi) from segwit address to another single segwit address,
will cost you (at 1s/byte) around 144 satoshi... that's 14% of total amount transacted

look at your transaction, to consolidate 11 utxo of total 0.00011 you paid 0.000016
sent 11,000 sats and received 9,400 sats, 1600/11000 = 14.5% in fee
legendary
Activity: 2170
Merit: 1789
November 01, 2018, 10:14:29 PM
#4
what? you mean if I sent 0.00001 100 times to my friend, it will be useless?

No, your friend can still 'use' it but doing something like that is wasting your time & money. You might as well make 1 transaction with 0.001 amount rather than spending 0.00001 for 100 times. Dust transaction is a transaction with low values and fees, which will probably take a very long time to get confirmed (or probably never, depends on the network status). CMIIW.

member
Activity: 142
Merit: 26
November 01, 2018, 03:57:33 PM
#3
It means you made a transaction yourself, sending funds to someone else.

Collecting dust amounts of Bitcoin is quite useless, I recommend you read https://bitcointalksearch.org/topic/aug-2022-mempool-empty-use-this-opportunity-to-consolidate-your-small-inputs-2848987.

what? you mean if I sent 0.00001 100 times to my friend, it will be useless?
hero member
Activity: 1659
Merit: 687
LoyceV on the road. Or couch.
November 01, 2018, 02:27:14 PM
#2
It means you made a transaction yourself, sending funds to someone else.

Collecting dust amounts of Bitcoin is quite useless, I recommend you read https://bitcointalksearch.org/topic/aug-2022-mempool-empty-use-this-opportunity-to-consolidate-your-small-inputs-2848987.
member
Activity: 142
Merit: 26
November 01, 2018, 01:00:27 PM
#1


As per the picuture. Can somebody explain to me?
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