Post
Topic
Board Bitcoin Technical Support
Re: What happened to keeping all my bitcoin in same address? Now I pay insane fees?!
by
Guessti
on 22/09/2023, 22:15:51 UTC
It IS correct.

It is NOT!

When you send too much funds and its transfering from multiple wallet addresses because of change addresses caused from previous transfers.. Guess what? You end up paying HIGHER fees than if all the funds stayed in 1 wallet.

You still don't seem to understand. It's not the number of addresses that matters; rather, it's the number of inputs and outputs in a transaction that affects the fees. Whether you combine 10 inputs from one address or multiple addresses into a single transaction, it doesn't change the overall fee calculation.

This is simple fact and the way bitcoin use to work by default in the early days.

That's how it's always been.

I will try it out and see if it actually works where my funds always stay within 1 wallet/address.

Yes, you do that. No need to thank me.

What you a terrorist or something like wtf.  Huh

Oh, sure! Insulting those who are genuinely trying to help you is a great strategy. Let's see how well that works out.



<cut>
That's not the point of the instructions.
It's to explain that even if what he want to do is doable, there wont be any difference when it comes with the number of UTXO that his wallet will receive even if the change is sent to the same address or a change address.

The point of my instructions is to answer OP's question, which you omitted from the quote, so I will repeat it here:
I would like someone to explain if its possible for a app to be designed to just send the funds back to the original address when you spend your bitcoin instead of being sent to a new change address. I don't see why it would not.

I didn't imply your instructions were incorrect; I just provided a simple solution for the OP's specific problem, which no one had suggested before.

And for some reason, OP is fixated on the thought of disabling change address will fix his high transaction fee issue.
At this point, I wont add anything that's already been explained here.

That's true. At this point I'm not even sure if the OP is really that ignorant or just a troll.


Nah its comments like these that urk me.

Talking WAYYYYY beyond the point.

Having more change addresses = gonna pay higher fees

Stay on topic instead of trying to sound smart, like holy crap people are so full of themselves.