Questions tagged [transaction-fees]

This tag should be used for questions related to paying transaction fees in the Bitcoin network.

69 questions with no upvoted or accepted answers
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votes
0answers
20 views

How can I force estimatesmartfee to return estimates on regtest?

Creating an app that utilizes estimatesmartfee, and it works in production, but I use regtest for automated testing and can't get it to return a value. Looking at bitcoind tests it is splitting UTXOs ...
3
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1answer
82 views

How does the tx fee in sendmany method get calculated?

In sendmany there is a conf_target parameter with the comment "Confirmation target (in blocks)". Does that mean that Bitcoin Core implicitly calculates and sets a smart fee for a given block target? ...
3
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4answers
944 views

How to set fee in bitcoinj

Is any possible way to set fee to specific value in bitcoinj wallet? Right now I have something like this and I don't know when to set fee: Address address = Address.fromBase58(params, ...
3
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1answer
109 views

Can the fee produced by estimatefee be artificially manipulated?

Could a miner who wanted more transaction fees manipulate the fee produced by estimatefee? If so, what percentage of hashpower would it take, and how long would you need it?
2
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0answers
43 views

Is there a way to get stats about fees paid (highest, lowest, average) in a specific block?

I'd prefer to get the stats from my full node via bitcoin-cli, but if that's not possible some API would do the job too...
2
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1answer
116 views

What are the costs of cryptocurrency fraud?

I have heard many claims that transaction volumes can be "faked" for cryptocurrencies, but I am skeptical about how this is possible. I want someone to walk me through the math describing what you ...
2
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3answers
319 views

How do exchanges set their transaction fees?

I was reading on the Bitcoin wiki (https://en.bitcoin.it/wiki/Transaction_fees ) that a user can set his own fees when conducting a bitcoin transaction. Like many, I have a Coinbase account, but I ...
2
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0answers
372 views

Abandon Transaction or Increase fee

I'm using Bitcoin core v0.15.1 and I am trying to send my BTC to coinbase. I have waited over 72 hours since initiating a transaction and when I right click the "abandon transaction" and "Increase fee"...
2
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1answer
175 views

Format transactions into “from”, “to”, “value” and “cost”

I'm trying to write a script that parses the entire blockchain into a database. But I'm having issues figuring out how to store what I need to then aggregate the results and build a transaction list ...
2
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0answers
896 views

How is the transaction fee for sending bitcoins using Electrum wallet calculated ?

I am trying to understand how is the fee for transaction calculated for desktop wallets like electrum.
2
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1answer
1k views

How can I accelerate confirmations in ledger nano s?

I am using Ledger Nano S hardware wallet to store my bitcoins. Last week, for an experiment, I decided to send bitcoins to hitbtc currency exchange with zero btc fees. I was wondering how many hours ...
2
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0answers
210 views

How to unstuck a low-fee transaction sent from MultiBit?

I've sent a transaction with MultiBit Classic or MultiBit HD, but accidentally included too little fee. What can I do to speed up the transaction's confirmation or to replace it? This is a ...
2
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0answers
622 views

Mempool filled with 14KB transactions, tons of inputs, 0.15 mBTC fee

With the blockchain experiencing extremely high transaction volumes (most blocks at the 1MB size limit), I am interested in studying the "backlog" of transactions in the memory pool on my own full ...
2
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0answers
129 views

Need to do 400 transactions, how do I get them confirmed?

I tried to send 0.00000001 btc to about 7 addresses, and paid the 0.0001 fee. But it seems like this transaction won't go through ever. Those coins are lost :(. I have about 400 sponsors, and they ...
2
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0answers
308 views

API: keeping account balance positive (+knowing in advance the transaction fee)

I'm using the json API. I need to keep all the account balances positive: I call getbalance first, check if it has enough bitcoins to proceed, and then move or sendfrom. This approach causes two ...
2
votes
1answer
408 views

What block had the most transaction fees? Why?

What block had the most transaction fees? Why? How big can transactions be? What's the largest transaction (size, in bytes)?
1
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0answers
89 views

Enable dustRelayFee behavior on testnet to get error code 64: dust

Crafting and sending an utxo of 1 satoshi does works and get mined on testnet without error. However on mainnet the error code 64: dust arise. I understand the basic idea that you are not able to ...
1
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0answers
62 views

Does bitcoin dust fee rule or policy activate in bitcoin testnet?

Does dust fee rule activate in bitcoin testnet? I create a tx in testnet with output is dust,the tx always relayed and go into block, but in main net it report dust transaction error. Why bitcoin ...
1
vote
1answer
42 views

Why estimatesmart fee returning the same fee for diffeent blocks number?

I am trying to calculate the fee per kb using the estimatesmartfee. I had called estimatesmart fee with different type of blocks number .The fee remaing the same. estimatesmartfee(2)=...
1
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0answers
16 views

Dynamically change transaction fee using delegate service

My setup: API service holding a bitcoind Full Node. Client Wallet - I have no control over that system. User application - Who gets the barcode for payments. So, My API (1) only has the Receiving ...
1
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0answers
59 views

Bitcoin-core 0.15.1 gettransaction showing wrong fee for some transactions

What makes me wonder, this happens just for some transactions Take a look at this transaction: 20179d0d2fba68b2ca82ab8cc5faa39ced73324af6b90b6505cca2c3d65102a6 As you can see inputs/outputs fee is: ...
1
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0answers
39 views

Dividing miner reward over a k-length jumping window

Nowadays, a miner can gain more than another one even when they mine the same amount of blocks due to variance in tx fees. It's expected that, especially once the coinbase reward is gone, this will ...
1
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1answer
2k views

Tax implications of withdraw fee from one exchange (Binance) to another GDAX/Coinbase

I transferred 0.2 ETH and 0.3 ETH in separate transfers from GDAX to Binance (GDAX does not charge a fee for this). Then, I transferred back from Binance to GDAX all 0.5 ETH, but since Binance ...
1
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0answers
100 views

Low fee bitcoin transaction confirmed within 30 Min

One hour ago I've sent a transaction to a friend with 110 sat/byte. After 30 min I've noticed that the transaction has 3 confirmation with this low fee and the network congestion. The receiver has ...
1
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0answers
75 views

Distribution of tx fees

Do tx fees issued by users follow a particular distribution ? I'd guess they follow the normal distribution, but I'm not sure. More precisely, how tx.fee/tx.size is distributed in the mempool ?
1
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0answers
94 views

Ho to spend bitcoin in MultiBit Classic in these times of high transaction fees?

I bought some bitcoin back in 2013 and transferred it to my private wallet managed by MultiBit classic 0.5.17. I have successfully used the system and spent some of the funds in MultiBit Classic as ...
1
vote
1answer
672 views

Error in blockchain.info wallet

My problem is that I can not do any transactions at all because of an error. BitcoindException(super=com.neemre.btcdcli4j.core.BitcoindException: Error #-26: 66: mempool min fee not met, code=-26). ...
1
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0answers
229 views

Has anyone experienced money wire from Bitfinex to a european bank? How are the fees applied?

I try to find the best way to cash-out when needed. I use Bitfinex lately and I see that they have a good fee structure (https://www.bitfinex.com/fees - if you know something better let me know). ...
1
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0answers
65 views

How do check if I have overpaid for a transaction?

I was inspired by this tweetstorm by John Newberry: https://twitter.com/jfnewbery/status/927615263058653184 I wanted to reproduce the process using my own calculations. I have two approaches so far:...
1
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0answers
267 views

Get fees for each transaction in a block without too many API calls

Using Blockchain.info's API, my current approach is to query the endpoint for a block then to collect all the transaction hashes within that block: https://blockchain.info/rawblock/$block_hash Then ...
1
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0answers
624 views

bitcoind transaction fee calculation

I'm using bitcoind and for the transfer of tokens from one account to other, I'm using sendFrom method. but there is a transaction fee calculation and on the bitcoin-qt panel, In the transactions ...
1
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0answers
211 views

How can one unstuck an unconfirmed transaction with Bither?

I've sent a transaction with the Bither wallet, but accidentally included too little fee. I've since updated my wallet software, so it shouldn't happen again. However, what can I do to speed up the ...
1
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0answers
214 views

transacton fees for raw transactions

I'm building a merchant system for a client that will accept payments in bitcoin and send all coins to a cold storage wallet once a week (or month). The system is using a deterministic wallet to ...
1
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0answers
748 views

Electrum - using a fixed fee regardless of transaction size

I am using Electrum 2.7.12, and I intend to use the python console to paytomany() while using a fixed fee. I have tried following directions from http://matt.ramuta.me/blog/1419787186410-how-to-write-...
1
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0answers
34 views

Bitcoin not being recieved even after high transaction fee

https://gyazo.com/61b5ca1bc5a007ba55ffdd37fc8c0db6 Keep sending bitcoins to multiple addresses with bitcoin core but its not getting confirmed... some have been sent months ago. I used a transaction ...
1
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0answers
2k views

Change the fee on Multibit

The transactions-fee is set to 0.0001 btc in Multibit classic. Can I set the fee to 0.2 or 0.3 mBTC? Where is the java class that I must change to upgrade the fee? What is the var or const to change?
1
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0answers
462 views

Wallet didn't include fee, transaction stuck on unconfirmed

My wallet has always automatically included a transaction fee everytime I do a transaction, but this time it didn't and I dont know why. I did everything like I always do and I haven't changed ...
1
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0answers
205 views

Calculation for transaction input-output balling:

To roughly calculate transaction send size in bytes we do: ((numberOfInputs*148)+(numberOfOutputs*34)+10) We want to make a transaction using two inputs of 0.01BTC (Amount to send = 0.015BTC, ...
1
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0answers
502 views

Litecoin transaction fee

I have been struggling over the past few days to get some up-to-date information about Litecoin and I keep ending with nothing. To start off, I would like the formula that calculates the required fee ...
1
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0answers
225 views

Best practice for sending btcs with fees trough bitcoind api

i am building service which will recieve exact amount of bitcoins and then devide it for two users and send it to them. For ex. Recieve: 10BTC To user A: 5BTC To user B: 5BTC Obviously i can't send ...
1
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0answers
455 views

Move all coins from an address via RPC

Let's say I generated some coins with a given address and I want to send a specific amount of coins to a specific addresses, and move the remaining balance to another specific address. I want to do it ...
1
vote
1answer
142 views

How to modify dynamically the fee of a transaction?

I want to modify dynamically the fee for each transaction made by the users who use my website. I calculate the fees dynamically but I don't know how can I apply that custom fee for each user. I am ...
1
vote
4answers
3k views

How do I reverse an unconfirmed transaction to the original wallet

Is there an easy to understand step by step guide I can execute to create a double spend and get the unconfirmed transaction reversed back into the original wallet so I can resend it with a higher fee ...
0
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0answers
10 views

Intermittent error “min relay fee not met” even with decent fee and custom Electrumx+Bitcoind

I have an automated system that sends BTC payments via Electrum for a client. Now, it happens again and again that payments keep failing with "min relay fee not met" (RPC call failed: {"code":-32603,"...
0
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0answers
11 views

How to get beas fee per kilobyte of next block

I am requried to give customer the best fee in next block. Current,I find 3 solutions to get fee. using rpc method estimatesmartfee using history block using rpc method getblocktemplate Which or ...
0
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0answers
18 views

How to get concerned specific unspent(coin selection algorithm) from list of unspents in a wallet to calculate transaction size

I have a problem to calculate dynamic transaction fees. The problem which i am facing is to calculate the transaction size. When i have one unspent in my wallet it is too easy to calculate transaction ...
0
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0answers
22 views

Bitcoin-cli transaction fee reset

How do you reset the txfee after you successfully did the transaction? I mean, getting it back to "automatic fee"?
0
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1answer
83 views

Stay on memory pool when I sending multiple transaction from bitcoin wallet

I run the bitcoin client 0.17.1 on my ubuntu 18.04 desktop. I have some balance in my wallet. Also my client is fully synced.I have face the wallet conflict. When I send multiple transaction at once(...
0
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0answers
393 views

cant send btc, Uneconomical UTXO requested

Im trying to send btc worth of 2$ and i keep getting message "Uneconomical UTXO requested [type: 1 (limit 46629), txOut.val: 38546, required: 83847]" i even tried sending 1$ but its still the same can ...
0
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0answers
57 views

What happen When use -maxtxfee and -mintxfee with bitcoind

I read some document about -mintxfee and -maxtxfee. I apply this to my regtest network using the following command ./bitcoind -txconfirmtarget=6 -maxtxfee=0.00005 -mintxfee=0.00005 My question is ...