Bitcoin user paid $800,000 in fees to send $14,000

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by solanawhale

Not a scam. One incorrect click or incorrect value or incorrect decimal place and your entire life savings can be gone forever.

In this case, the sender used a platform that allowed him to set his own fee payment to the miner. He likely either wanted to prioritize his transaction or wanted to tip the miner. He voluntarily entered 8 Bitcoins as a fee payment.

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