That is how it's designed to operate. Each share will never receive 100% of it's value paid, so therefore each share will forever sit around in some partially unpaid state. It's a highly convoluted way of charging operating fees without using the word "fee".

Not that fees are bad, they're needed to cover all sorts of things - especially in (effectively) a PPS pool... just misleading the way it's currently advertised.

I noticed that the ZeroBlock app is reporting a block time of 17 minutes, but being on my phone I haven't been able to verify how they've come to this conclusion.

It seems reasonable that they could be estimate block time based on network hash rate as reporting by blockchain. In which case, this is explained by DeathAndTaxes. I'm just not sure where they're (ZeroBlock) is pulling their info from.

Be nice if it was true  

I'd probably sell if I was that far underwater. The market hasn't even reached a bottom yet, so you can always sell and rebuy once the market stablizes.

It's not like it's going to turn around over night from a sell off like this, the markets going to have to test a new bottom. And will probably trade in a range for a while before any form of recovery occurs. My guess is a slow but steady recovery, but I'm unsure of how low the bottom will be this time.

Just tryin' 

I've used Coinbase several times, and to my experience they're no Gox.

But, you have not warned people of anything. It's like saying "lookout I was hit by a car", but without the specifics of what time of day, what intersection, and what the road conditions were like its impossible to heed your warning.

Coinbase is a very reputable company, with a legit setup. They've even hired top brass from companies like Facebook. So the general public is going to dismiss any warning without specifics as trolling.


Try this:

Were you buying or selling Bitcoin's?
Did you have a balance of BTC at the time the incident occurred?
Did you have a 2FA device associated with your account?
Did they refuse to honor all or part of an order?
What happened when you contacted their support team?
What date did this incident occur?
Have if used Coinbase before, and if so how long and to what extent?
You said Coinbase is giving you back some of your money, please elaborate on what you said to them to convince them to issue you a refund.

Thanks!

I'd imagine the intersection of wal-mart customers and bitcoin users is close to zero.

Furthermore, wal-mart is too conservative for something like that. Who knows what percentage of their transactions are Visa or MasterCard.... I'd wager 90% or more.

This assumes that previously US citizens were not required to pay tax on their "magical mysterory money". Sorry, not the way that works, the moment I sell BTC I've generated income and have to pay taxes. The only difference is that now the IRS has clearly defined how they want people to account for these assets.

So, any large operations in the US who were avoid taxes previously will probably countinung to do so until the exchanges are forced to collect tax information.

It doesn't "go" anywhere. Your coin was always in the blockchain, regardless of if your computer is online. Your wallet is just a collection of private keys giving you ownership over certain "addresses". If an output belongs to your address in the blockchain, then your bitcoin wallet app will show you your balance. However, you still have this balance regardless of if you're online or your wallet app is synced.

This is why Coinbase hired the Facebook security directory.

Here is an example of the point I'm making -> https://bitcointalk.org/index.php?topic=537748.0

Until either Bitcoin Core doesn't take forever and a day to sync, or it stops being the "official" client, then we'll see posts like this with an ever increasing frequency.

Perhaps the bitcoin.org site could only reference the "Bitcoin Core" app under the "developers" section, and for the "getting started" only reference wallets that don't need the full block chain. Just a thought.

As long as the address you had funds sent to was correct, you should be good.

The Bitcoin Core can take a very long time to get synced for the first time. But, this is independent of your ability to receive funds. They should be waiting for once the sync finishes.

To verify, visit https://blockchain.info and type in your Bitcoin address. It should display the amount and verify that your money is waiting on you.

This is very true.

Never leave any BTC in an exchange, online wallet, etc. that you cannot afford to lose. Transfer it in, conduct your transaction, and then transfer it out ASAP. These companies are not piggy banks, and due to the nature of Bitcoin they cannot be easily held liable. Just ask anyone who's been goxed.

Bytecoin

Oh, geeh. Yes, I saw that... But it wasn't as interesting as a pretty woman, so I stopped looking.

Ah, this joke lost it the moment I had to explain it.

Looks to me like it trading in a range, and has some lower resistance around $550... So, I'd second your appraisal of upper-mid $500s.

fixed that for ya

Back on topic...

What's this I read about needing to PAY to having editing privileges on the wiki?

What QR code? lol.

Does something just seem a little ironic about the fact that a cryptocurrency, which emphases security, runs it's official forums on a platform it can't secure short of disable profile pictures?

I'm failing to think of any other forum on the Internet that doesn't allow profile pictures out of a security concern.

If you were talking USD and a US based company, I know this would be true. But neither are true. Specifically this company isn't dealing with stolen fiat, and I know of no laws compelling companies of any country to investigate stolen "virtual" currencies.

I could be wrong, and that's why I wanted to ask... what laws would compel them to do anything?

I don't think there is much that can be done. Those coins are lost. It's best to move on and learn that keeping large sums of BTC in online wallets, exchanges, etc is a bad idea.