My guess is that Coinbase does indeed own most of the Bitcoins in multi-sig addresses. I don't see why that couldn't be true. Multi-sig usage is very low.
Wrong: Kraken uses Multisig. Xapo uses Multisig. Bitgo uses multisig. Bitfinex uses multisig. OKCoin uses multisig. Huobi uses multisig... Do you want to guess again? Bitstamp uses multisig... My guess is all of them are lying, All of those exchanges combined have less than 12% of all bitcoins... It's a conspiracy! |
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Why don't you transfer to a 'normal' wallet, like Bitcoin Core, Multibit, ... ?
If you don't feel comfortable with Coinbase just use any other exchange, there are quite a few out there...
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If I were an investor I would demand Brian Armstrong to move all bitcoins under control of Coinbase as a proof of reserves right now. ROTFL The entire thread is hilarious, people have way too much time to waste... |
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Well, you have quite a few outputs, that makes the transaction bigger. With the network congestion you need to pay bigger fees if you want your transaction included, this may be automatically calculated by Blockchain.info wallet, you can make your own custom transaction and pay whatever fee you want, bear in mind it may take a while until confirmed if you pay too little. |
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Can you explain a little better what the problem is?
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First, let me say that I'm all for the transaction fees. I think they're great. It's obvious to me that they'll be required for speedy transactions.
Correct me if I'm wrong, but isn't it currently impossible to choose who'll be processing your transaction and collecting the fee? How can I boycott somebody who I know or suspect to be funding projects I disaprove of?
This is a very important issue to me.
You don't use bitcoin. |
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The way I see it, with the recent price rises since last fall and coinbase's user base continually growing, people aren't too worried. Coinbase seems to gain another 100K members every month lately, so adoption is still very much happening.
You do realize people at Coinbase have the same concerns about block size, and its CEO is a big proponent of block size increase... Hey, but at least Coinbase is a solution to scaling bitcoin, if you transact between Coinbase accounts you don'y need to use the blockchain.  |
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Part of it would be to drive new traffic to his bitcoin.com and subdomains. He has a forum that is not doing very well and a casino to promote.
Well, lack of bitcoin scalability may be one of the reasons why is business hasn't been growing, its success is directly linked to bitcoin's success... |
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Why is Roger Ver continually making posts/complaints about the block size issues on facebook/twitter? I thought segregated witness was already being rolled out and will continue to be rolled out over the next few months while a longer term solution is developed? With the current bitcoin price the community doesn't seem to be fretting over this issue like they were in the past.
Can someone enlighten me?
Nothing has been 'rolled out', network transaction capacity is the same as ever and nothing in the immediate future will be done, meanwhile we are, as we've been for many months now, at maximum transaction capacity. |
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Use more exchanges, if you spread your trades amongst several exchanges if/when one of those fails at least it won't take all your money with it.
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Welcome to counterparty assets..
What do you suggest? Should I open a ticket support or just wait? 26 hours withdrawal still in pending. You don't need to do anything, it's always like this, deposit or withdraw, if it takes longer than a week maybe there's a problem, 1 or 2 days is normal. |
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Hello, is there any progress being done with these ridiculous confirmations times?
Nothing will be done in the immediate future, probably for a few years, if you want reliability and speed you need to find some other way. |
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Fees have to keep the network alive, if we don't keep to the original plan than it's better to support some other coin who does it.
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Do you have a website or it's a physical store?
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I think during halving,i think they will adjust the price of mining power depends on the currentbitcoin price.And i think they will also adopt the amount being mined a day on current bitcoin price.Because during halving it will be harder to mine bitcoins because the blocks will divided into half.Thats what i think what will mining sites will do.
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I also'de like to try Steem.
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Well, you didn't bought bitcoin, you invested in a ponzi scheme, or an advance-fee scam and that violates Paypal's Acceptable Use Policy, probably MiningSweden lost their account and all funds still in the account. https://www.paypal.com/webapps/mpp/ua/acceptableuse-full3. relate to transactions that (a) show the personal information of third parties in violation of applicable law, (b) support pyramid or ponzi schemes, matrix programs, other "get rich quick" schemes or certain multi-level marketing programs, (c) are associated with purchases of annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card, (d) are for the sale of certain items before the seller has control or possession of the item, (e) are by payment processors to collect payments on behalf of merchants, (f) are associated with the sale of traveler's checks or money orders, (h) involve currency exchanges or check cashing businesses, (i) involve certain credit repair, debt settlement services, credit transactions or insurance activities, or (k) involve offering or receiving payments for the purpose of bribery or corruption.
4. involve the sales of products or services identified by government agencies to have a high likelihood of being fraudulent.
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Some disadvantages are the very small transaction capacity and slow payments, we reached the limit some time ago and nothing has been implemented in 7 years to increase capacity.
Lack of consumer protection is also a big disadvantage, at least for mass adoption with regards to online payments.
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