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Title: Why does it take so long for mt.gox to transfer bitcoins? Post by: dancupid on October 30, 2011, 05:04:41 PM Shouldn't it be instant? Isn't that the whole point of bitcoin? I tried to transfer 100 btc about 12 hours ago and they still do not appear on the block chain.
Title: Re: Why does it take so long for mt.gox to transfer bitcoins? Post by: abracadabra on October 30, 2011, 06:07:03 PM Are you talking about in or out of gox?
Into gox I think i need to wait until about 10 confirms or so for the btc to show up. Not sure I've tried transfering btc out of gox. Title: Re: Why does it take so long for mt.gox to transfer bitcoins? Post by: tritium on October 30, 2011, 06:16:44 PM there was quite a long time between blocks last night which was delaying my deposit (about 50 mins or so between 1 bloack and the next)
Title: Re: Why does it take so long for mt.gox to transfer bitcoins? Post by: klaus on October 30, 2011, 06:50:51 PM there was quite a long time between blocks last night which was delaying my deposit (about 50 mins or so between 1 bloack and the next) at the moment we're at the end of a 2000 Block cyclus. 47 blocks left in this cyclus. A lot of miners turn of because they get very little bitcoins. The Rest has to work a lot of time for the next 50 btc. average per hour is at 4 at the moment. so every transaction is very slow the next days (until next difficulty cyclus starts) |