Bitcoin Forum

Economy => Speculation => Topic started by: Opsamk on March 10, 2017, 06:51:00 AM



Title: Blockchain.info Outage
Post by: Opsamk on March 10, 2017, 06:51:00 AM
What will this do to the price? They are 3 hours behind on new blocks, and their wallet service is giving very interesting errors. I tried to withdraw from my blockchain.info wallet and the balance didn't decrease.


Title: Re: Blockchain.info Outage
Post by: mocacinno on March 10, 2017, 06:56:27 AM
What will this do to the price? They are 3 hours behind on new blocks, and their wallet service is giving very interesting errors. I tried to withdraw from my blockchain.info wallet and the balance didn't decrease.

I guess their node is down... They show blocks up untill height 456544, while my node tells me the latest block has height 456561.
If their node is down, it's normal that your balance didn't decrease, since they don't have the block including your transaction... It might even be that they do not broadcast tx's... don't know how their setup is.


Title: Re: Blockchain.info Outage
Post by: Arcteryx on March 10, 2017, 11:08:21 AM
Had the same issue last week when all those 62,000 unconfirmed transactions were happening. The balance was showing 0 but I was still able to make a transaction. It was weird. :(


Title: Re: Blockchain.info Outage
Post by: BitcoinHodler on March 10, 2017, 11:31:58 AM
What will this do to the price? They are 3 hours behind on new blocks, and their wallet service is giving very interesting errors. I tried to withdraw from my blockchain.info wallet and the balance didn't decrease.

even with my eyes closed i can tell you it has no effect! and why should it, blockchain.info is a bad web wallet with lots of outages and bugs they don't seem to be fixing.
it was about a week or two ago when they were reporting bitcoin price to be zero! and the chart in their front page showed a nice little chart of bitcoin price taking a dive to oblivion :D it was a funny day.


Title: Re: Blockchain.info Outage
Post by: erikalui on March 10, 2017, 11:49:16 AM
Blockchain is acting weird recently. I've noticed that I don't receive notifications of money sent to and from my wallet and they automatically broadcast old unconfirmed transactions and then send the money back to my wallet (while my transaction is still present in the meme pool) and mark the transactions as double spend. The block height error is corrected now as I see the latest block height as 456597.


Title: Re: Blockchain.info Outage
Post by: Red-Apple on March 10, 2017, 11:59:15 AM
Blockchain is acting weird recently.
it is not new, they have always been acting weird, and always had bugs.

Quote
I've noticed that I don't receive notifications of money sent to and from my wallet
if you don't receive Email and you are sure it is not in spam folder or you are using a good email provide like Google or Yahoo, ... then contact support.
if it is SMS then it must be your operator that don't receive them, contact support and ask them to change from where they are sending it to you and it will be fixed. or contact your phone operator and ask them why they don't receive those SMSs.

Quote
and they automatically broadcast old unconfirmed transactions and then send the money back to my wallet (while my transaction is still present in the meme pool) and mark the transactions as double spend.
automatically broadcasting transactions that are not yet confirmed is a feature they have. also when you send it the first time if only one node has it then it will continuously broadcast it for you (relay).
and double spend is only when you spend it when it was back in your wallet not because of re-broadcasting.

Quote
The block height error is corrected now as I see the latest block height as 456597.
as mocacinno said, it must have been their node. possibly it crashed!


Title: Re: Blockchain.info Outage
Post by: LFC_Bitcoin on March 10, 2017, 12:00:32 PM
It's 2017 & after all the high profile 'hackings' people are still using bc.i
Don't complain if you lose your bitcoin's, I know they say that they never see the private keys but how do we know this to be true?

If you are not the sole owner of your private keys then the bitcoin's in those addresses are not your bitcoin's.

Please do not keep any substantial amount of coins on a web wallet.


Title: Re: Blockchain.info Outage
Post by: davis196 on March 10, 2017, 01:20:24 PM
It's 2017 & after all the high profile 'hackings' people are still using bc.i
Don't complain if you lose your bitcoin's, I know they say that they never see the private keys but how do we know this to be true?

If you are not the sole owner of your private keys then the bitcoin's in those addresses are not your bitcoin's.

Please do not keep any substantial amount of coins on a web wallet.

I`ve never used blockchain.info and i hate web wallets,but we have to use them unfortunately. :(
Every exchange trading platform is an online wallet and we have to rely on them.
I`m not very familiar with cold storage and offline wallets,but i should move to some offline wallet.


Title: Re: Blockchain.info Outage
Post by: Tigggger on March 10, 2017, 02:02:05 PM

I`ve never used blockchain.info and i hate web wallets,but we have to use them unfortunately. :(
Every exchange trading platform is an online wallet and we have to rely on them.
I`m not very familiar with cold storage and offline wallets,but i should move to some offline wallet.


Diversification is the key, after so many scams and hacks over the years my rules are simple.

1. Never keep more bitcoins on any website than you are happy to shrug off if lost (BTC0.1 perhaps).
2. Keep a slightly larger amount in a secure local wallet (maybe BTC0.1 - BTC1)
3. The bulk in some form of cold storage, be it paper or hardware or both (BTC1+)