<story><title>Bitcoin&apos;s $137k Jackpot</title><url>http://hackingdistributed.com/2016/04/29/bitcoins-137k-jackpot/</url></story><parent_chain></parent_chain><comment><author>ryan-c</author><text>&amp;gt; Remember that time when you tried to transfer your life savings from one bank account to another for a small fee, but swapped the fee field with the total transfer amount field, and ended up losing all your life savings? Of course you don&amp;#x27;t. There are safeguards to catch and prevent these kinds of errors.
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&amp;gt; But this is a common occurrence in Bitcoin-land.&lt;p&gt;This mistake is difficult, if not impossible, to make with standard Bitcoin software. The fee field is usually pre-filled and somewhat tricky to change, and newer versions of bitcoin-core will block transactions like this as obviously wrong. It should also be noted the bitcoin fees are implicit in transactions - a transaction will have some amount of funds going in, and some amount going out, and anything left over is the fee. Usually these types of mistakes actually happen when someone manually crafts a transaction and forgets that they need to make a change output for themselves.&lt;p&gt;It is obviously still &lt;i&gt;possible&lt;/i&gt; to create transactions like this, but it currently requires using advanced interfaces and deliberately bypassing safety measures.</text></comment>
<story><title>Bitcoin&apos;s $137k Jackpot</title><url>http://hackingdistributed.com/2016/04/29/bitcoins-137k-jackpot/</url></story><parent_chain></parent_chain><comment><author>hughes</author><text>This reminds me of a similar error from 2005[1] where a trader mistook the &amp;quot;price&amp;quot; and &amp;quot;quantity&amp;quot; fields of the trading software. Instead of selling 1 share for 610,000 yen, 610,000 shares were sold for 1 yen.&lt;p&gt;The mistake cost around $225 million.&lt;p&gt;[1] &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.foxnews.com&amp;#x2F;story&amp;#x2F;2005&amp;#x2F;12&amp;#x2F;09&amp;#x2F;typing-error-causes-225m-loss-at-tokyo-stock-exchange.html&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.foxnews.com&amp;#x2F;story&amp;#x2F;2005&amp;#x2F;12&amp;#x2F;09&amp;#x2F;typing-error-causes-...&lt;/a&gt;</text></comment>