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bitcoind is imposing a transaction fee of 0.0001 BTC forcefully even though I have set "transaction fee" to 0. Is it possible to transfer BTC to an address without paying a fee? If so, how?
Why bitcoind/bitcoin-qt is imposing transaction fee?
Answers
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Upgrade to Bitcoin version 0.9 or later which removes the minimum relay fee. Just be warned -- the lower the fee you set, the longer it can take for your transaction to be confirmed. Zero-fee transactions can take days.
I've had 0 fee transactions confirmed in minutes. dont believe the hype. – jaybny – 2014-03-21T08:50:35.483
3@jaybny I didn't say they can't take minutes, I said they can take days. – David Schwartz – 2014-03-21T08:51:44.810
I've never had to wait over 12 hours ever. used many wallets over many years. – jaybny – 2014-03-21T08:54:51.443
Did you modify the code to set the transaction fee to zero? 0.9 hasn't been out for long and previous versions don't let you force a zero fee. – David Schwartz – 2014-03-21T08:58:16.767
Thanks David, I have upgraded to 0.9 but it is still including fee, can you please tell me what's the problem ? – Muhammad Bilal – 2014-03-21T09:36:48.257
@user14632 It must be a very unusual transaction then. Perhaps it's gathering from a large number of small outputs? Perhaps it's transferring coins that were recently transferred? – David Schwartz – 2014-03-21T09:38:44.310
No that's not the case, it is saying, "The total exceeds your balance when 0.0001BTC transaction fee is included – Muhammad Bilal – 2014-03-21T09:59:57.023