Author

Topic: Overstock Bitcoin Order - Complete nightmare (Read 2993 times)

sr. member
Activity: 364
Merit: 250
Im sure there are bugs and glitches right now, try calling them and finding out what will the do to rectify the situation and can they make sure this wont happen next time when your making an order
legendary
Activity: 4410
Merit: 4766
does coinbase have a supernode IP for people to add to make sure it relays to them to ensure they see it in a timely manner.. i know this does not help it get confirmed any faster, as thats an issue to do with greedy miners setting priority to people that pay huge fee's.. but atleast ensuring coinbase see's an unconfirmed tx instantly, should help a little.
sr. member
Activity: 266
Merit: 250
When Bitcoin was coming down off its December ATH I purchased a flatscreen TV from Overstock - 0.33 BTC.

It was quicker than using a credit card and I don't think I even had to make an account. Coinbase rocks.

Like the other guy said, your mileage may vary.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Just out of curiosity, what was the large item you tried to purchase on Overstock?

Just want to search the site to see if it'd be worthwhile.
kgo
hero member
Activity: 548
Merit: 500
You sent after one minute, but when did you get an acutal tx id, when did the tx hit the network, and when did you get the first confirmation? 95% of complaints like this are because someone sent from a wallet that didn't really send the coins in a timely manner.  Not much overstock or coinbase can do about that.
sr. member
Activity: 378
Merit: 255
in my experience, only bitpay work great integrated to web page.
http://www.youtube.com/watch?v=jCYE4V6C8a8


but, just a note : wait 1 day before cry.

orders in bitcoin in like "wire" ... manual verification only.

Actually, my Overstock orders have gone flawlessly, but my Bitpay order through TigerDirect was a nightmare where they:

* Failed to have a record of the order
* After I got them to acknowledge my order, they sent me an e-mail stating they were still waiting for payment
* I repeatedly talked to people in India showing them on the blockchain that I sent the correct bitcoin amount as requested to the correct address; they suggested I take it up with the "Bitcoin company" (they didn't mean Bitpay, the guy actually thought Bitcoin was a company)
* I did chat help and they assured me my order would ship
* I never got a tracking number
* I took to Twitter to complain and maybe get a human in this country, they assured me my order was fine now
* My package finally showed up completely unannounced
* A week later, I was invoiced for the whole amount since it was "unpaid"

So, YMMV.
sr. member
Activity: 266
Merit: 250
Probably a bug btw sites not allow proper confirmation. Or browser compatibility
legendary
Activity: 1512
Merit: 1012
in my experience, only bitpay work great integrated to web page.
http://www.youtube.com/watch?v=jCYE4V6C8a8


but, just a note : wait 1 day before cry.

orders in bitcoin in like "wire" ... manual verification only.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
give it some time.
hero member
Activity: 994
Merit: 500
I have always had issues with coinbase payments being sent. I usually purchase through them, but send it to another wallet for payments
hero member
Activity: 924
Merit: 1001
It was probably the coupon codes that screwed it up.

I've bought with BTC on overstock numerous times.

Usually just load up QT and send to the address they give me.

Nary a problem.

-B-
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Any new system will have serious issues in the early stages.
Hopefully, your story will help them figure out how to make the process better?
donator
Activity: 1218
Merit: 1079
Gerald Davis
Do you have the tx id?  I would be curious to see what might have been the problem.
sr. member
Activity: 386
Merit: 250
I just wanted to share my experience placing a rather large Bitcoin order through Overstock.

1. Shop Overstock website for a total amount.

2. Added Coupons/Promo Code

3. When to checkout. Selected Bitcoin payment

4. Coinbase site comes up and says it has ten minutes to submit payment

5. Sent payment to Overstock within 1 minutes with android totaling 4.9BTC

6. No email from Overstock and order never completes. Overstock has no record of order!! But, Bitcoins deducted from wallet!!!

7. One full day on the phone to get Bitcoins refunded. Coinbase has a Overstock Order ID, but Overstock has no record of the Order ID.

8. Bitcoins refunded (Thank God!)

9. However, Flash deal now expired / Coupons expired . Prices of items increase $300

10. On the phone with Overstock support another day

11. Over stock fixed pricing. Replaced order. Same issue

12. Now repeat!

I'm done using Bitcoin for large Transations. Just trying to place a simple online order. Nightmare

Complete waist of time.. Hours now off my life.

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