Coinbase, bitstamp, virwox not allowing withdrawls? What does this mean for btc?

DPoS

sr. member

Activity: 462

Merit: 250

Quote from: Mythul on February 12, 2014, 08:52:11 AM

I say have a little patience and faith. You can't expect a 5x or 10x return without some serious risk.
If you can handle the pressure just HODL and take a small break from this crazy community.

exactly, don't they know they have to wait until BTC goes down to $100-200 and then back to $1000 so we can get 5-10x gains again?

sheeeezzzzzzz

anu

legendary

Activity: 1218

Merit: 1001

RepuX - Enterprise Blockchain Protocol

Just made a substantial fiat withdrawal from Bitstamp. No problem - it's marked as "finished".

john_doe

full member

Activity: 137

Merit: 100

Coinbase is working fine. I just withdrew a few coins without problems. That pending transaction issue has been around for several months now. I even contacted Coinbase support at least twice in the past 6 months regarding that problem. Transactions were either pending (= a transaction in Coinbase without a corresponding Bitcoin transaction) or unconfirmed for too long. In the first case the problem is that they need to load coins from their cold storage, and that may take some times (usually a few minutes but a few times I had to wait for several hours). In the second case the problem was that the outgoing Bitcoin transaction was consuming an unconfirmed input, which in turn consumed an unconfirmed input, and so on, and after some time (several hours) a transaction on that unconfirmed chain "disappeared", which caused the rest of the chain to "disappear" too (looking back now I can say this may have happened due to the malleability issue). This second problem was very strange because you were left without Bitcoins and also without balance in Coinbase, but ultimately the coins would magically reappear on Coinbase (after several hours, when some cleanup process realizes the transaction never went through).

Mythul

sr. member

Activity: 644

Merit: 250

I say have a little patience and faith. You can't expect a 5x or 10x return without some serious risk.
If you can handle the pressure just HODL and take a small break from this crazy community.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: bitcoinsrus on February 12, 2014, 08:20:21 AM

I read on here that coinbase, bitstamp and virwox are slow or not allowing withdrawls.

https://bitcointalksearch.org/topic/bitstamp-suspends-withdrawals-460695
about bitstamp

http://support.coinbase.com/customer/portal/articles/1445308-2-10-2014-pending-transaction-balance-issues
https://bitcointalksearch.org/topic/coinbase-will-be-next-to-halt-withdrawals-by-friday-460671
about coinbase

https://bitcointalksearch.org/topic/--461634
about virwox

Are these true and if so, what does this mean for the price of btc. will it go down further and then skyrocket when people move all their assets out of the slow exchanges and into another one?

Thoughts appreciated.

Who knows. Maybe its nothing, maybe the cart will be tipped right over and that will be it. I am still scared, I am still not going long and won't be until the trend confirms reversal. Although I will admit to having some 'all or nothing' buy-ins for if the worst should come to the worst.

One thing is for sure, I am bet you are glad that you never listened to the Bitcoin Nutters telling you to scoop up them 'cheap coins' at $820.

kwest

sr. member

Activity: 476

Merit: 250

It's a temporary thing.
https://www.bitstamp.net/article/bitcoin-withdraws-suspended/

"Bitcoin withdrawal and deposit processing will be suspended temporarily until a software fix is issued."

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

try bitsimple

bitcoinsrus

hero member

Activity: 518

Merit: 500

I read on here that coinbase, bitstamp and virwox are slow or not allowing withdrawls.

https://bitcointalksearch.org/topic/bitstamp-suspends-withdrawals-460695
about bitstamp

http://support.coinbase.com/customer/portal/articles/1445308-2-10-2014-pending-transaction-balance-issues
https://bitcointalksearch.org/topic/coinbase-will-be-next-to-halt-withdrawals-by-friday-460671
about coinbase

https://bitcointalksearch.org/topic/--461634
about virwox

Are these true and if so, what does this mean for the price of btc. will it go down further and then skyrocket when people move all their assets out of the slow exchanges and into another one?

Thoughts appreciated.

Topic: Coinbase, bitstamp, virwox not allowing withdrawls? What does this mean for btc? (Read 1588 times)