Re: Nenolod, the guy that wants to prove Bitcoin doesn't work.

Quote from: mtgox on July 18, 2010, 10:13:57 PM UTC

Who gets the transaction fee? The person that solves the block your transaction is in?

Yes

Quote from: knightmb on July 18, 2010, 10:34:46 PM UTC

Quote from: satoshi on July 18, 2010, 9:56:18 PM UTC

Typically, over 25,000 BTC.

Does the fee come out of thin air or is it taken to from the transaction so that it cost 25,009 to send 25,000 BTC?

The latter.

Ok, I was certain that you couldn’t transfer BTC around in a circle to pick up fees that were more than the cycle of transition (basically BTC coming out of thin air rather than being generated)

So if this guy was intercepting greater than 25,000BTC currency being traded around, it must be from someone else and even then, you can only transfer it around so many times before you run out.

I think that further cements that this Nenolod guy is just blowing smoke.