Post
Topic
Board Bitcoin Technical Support
Merits 7 from 4 users
Re: What happened to keeping all my bitcoin in same address? Now I pay insane fees?!
by
DannyHamilton
on 23/09/2023, 02:52:21 UTC
⭐ Merited by LoyceV (4) ,nc50lc (1) ,FatFork (1) ,nutildah (1)
Having more change addresses = gonna pay higher fees facts

false. People who know quite a bit more about Bitcoin than you have tried to explain this to you, but you refuse to learn anything. You prefer to complain and to assume you know what you're talking about rather than learn how it works, and how best to accomplish what you claim you want.

Your bitcoins spread around more bitcoin addresses = gonna pay higher fees facts

again, false

The transaction fees depend on 3 things:
  • The quantity of UTXO you spend in your transaction
  • The type of addresses and transactions you use (P2PKH, P2SH, SegWit, etc)
  • The quantity of new UTXO you create in your transaction
  • The fee rate that you (or your wallet software) choose to pay per vByte

like holy crap people are so full of themselves.

Projecting much? You certainly have been throughout this entier thread.

Its like all you guys here really care about is talking about very technical crap

You did create a thread in the Bitcoin TECHNICAL SUPORT section of the forum. What did you expect?

You guys are mostly clueless and clearly never used bitcoin in the early days.

I'm not sure when you think "the early days" were, but several of the responses you've received are from people that have been active in this forum for a decade. Thay know a lot more about the early days that you do.

Insulting.

Yes. You have been. I'm glad to hear you've finally realized it.

How about stay on topic and to the easy straight forward facts I BEEN saying?

I've seen a lot of complaining, and I've seen a lot of made up nonsense, but I've seen very little in the way of actual facts from you so far.

- Change addresses end up costing you more in fees

Absolute nonsense.

- Change address do not increase privacy

Do they give you perfect privacy? No. Do they increase privacy as compared to not using them? Absolutely.

- The fees for the perceived increase in privacy (where you just make things more difficult) NOT WORTH IT!!!!

The fees have nothing to do with the change addresses. Get over it.

There are other causes for your higher fees, but you refuse to even try to understand.

I found the solution anyway so now I don't have to deal with this problem anymore.

Glad to hear it.  Was it something presented in this thread? Or did you come up with something new on your own?

None of you truely know how bitcoin works at all. Like not even close. You just try so hard to sound smart.

I can walk you through every line of code if you like. I can explain every byte in the transaction and every byte in the blockchain. You might not like the explanations, but that doesn't make them wrong.

ANYONE yup I'm calling a lot of people out here: ANYONE who thinks change addresses are helping your privacy on a public blockchain... AHAHHAHAH is wrong. 100%

You're welcome to believe whatever nonsense you like. I can't force you to learn anything new.


Go ahead and spout your technical bs that you don't even understand your damn self.

Thats interesting stuff actually!

Of course its not needed if change addresses aren't used to begin with.

Of course it is, but you're not interested in that fact, nor in understanding why.

No change addresses
No btc being spread accross more wallet addresses
=
Lower fees.

Facts.

Again with the 100% incorrect nonsense.