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Author Topic: MtGox transfer time... help  (Read 3777 times)
The Koolio
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June 02, 2011, 02:03:43 PM
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Hi,

I wanted to take advantage of the rising btc value, i tried adding 4 btc over 8 hours ago to my mtgox account but they still do not appear, how long should it take?

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cloud9
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June 02, 2011, 02:45:48 PM
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About 1 hour if your client adds the 0.01 transaction fee that allows for quick (1 hour) transfers I think.

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June 02, 2011, 02:54:35 PM
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Im confused cause like i said its been over 10 hours now. I used the address mtgox gave me and its still showing up as unconfirmed in my bitcoin client account. have they gone and eaten my coins?

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June 02, 2011, 03:00:15 PM
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Im confused cause like i said its been over 10 hours now. I used the address mtgox gave me and its still showing up as unconfirmed in my bitcoin client account. have they gone and eaten my coins?

MtGox requires 6 confirmations.  This should happen in about an hour if your transactions gets into the next block after you spend it.  If you sent it without a fee, it will likely take longer.  You will not see it on MtGox until it has 6 confirmations.  You can check http://bitcoincharts.com/bitcoin/ to be sure the transaction is listed as received by the network.

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June 02, 2011, 03:01:18 PM
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Not sure if you are aware of this, the btc balance wont update if you dont logout/login.

Are you simply refreshing your balance?

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June 02, 2011, 03:07:11 PM
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I logged out and back in still no luck. I found my transaction on that page, it came up with the following:

2011-06-02 14:53:50 1fb9f966d78ff5dc151be0c1445c305821a48e392d44083d612594b15191d894
size: 258 bytes
priority: 605,348,837
input: 4.11000000 BTC
4.11000000 BTC from b49cf39f104a25f441820678fdd9c03a07eb6d11e5f6469cbc49684d4c8e485a:1 (171LeetP814EsyRHrcnP6nydPfDx6JeNpb)
output: 4.11000000 BTC
0.11000000 BTC to 1BkJRz8E1VkWasLA5d1Dov7oZNCFQGif6A
4.00000000 BTC to 1KSnJddKZ8g3EoEyhVt2aVFAwVZ9nu94oy

Now I have 2 questions, its saying I input 4.11 BTC when I actually only input 4.00 BTC so where has the extra .11 come from, and if its a fee surely it shoudl come out of the 4 BTC. and secondly, what does this mean for me? I have to sit here patiently waiting forever for mtgox to receive it?

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