FaucetHUB.io || +Microwallet (9 coins) ||+Dice & +Jackpot||+Games||+Exchange

[mikser64]

Hey, mexicantarget,

not sure if someone already asked you, but it would be a great idea to have an ability to set up prace on the exchange, so it can counterbalance supply and demand and we could be independent from current price.

Thanks!

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[mexicantarget]

Please read: https://faucethub.io/news/post/117

Hey, mexicantarget,

not sure if someone already asked you, but it would be a great idea to have an ability to set up prace on the exchange, so it can counterbalance supply and demand and we could be independent from current price.

Thanks!

You're talking about having books, AKA an official exchange. I can't do that currently. This is a much different kind of exchange

[mikser64]

You're talking about having books, AKA an official exchange. I can't do that currently. This is a much different kind of exchange

Why not? Of course it's much harder to implement, but this will allow people to sell\buy faster if they really need - for examile there are 50k DOGE on the market, but I need to sell myd DOGE right now, now I need to wait (or finding someone in the chat to sell him, but my chances are near zero), but I could place much lower price and someone will buy them faster.  Also other people can benefit from trading and speculations.
Or the problem is not in the implementaion? Is it some legal difficulties?

[mexicantarget]

You're talking about having books, AKA an official exchange. I can't do that currently. This is a much different kind of exchange

Why not?

• Laws
• AML
• KYC

Yes, legal difficulties.

I could simply launch a real exchange in the future and link it to FH if needed

[mikser64]

You're talking about having books, AKA an official exchange. I can't do that currently. This is a much different kind of exchange

Why not?

• Laws
• AML
• KYC

Yes, legal difficulties.

I could simply launch a real exchange in the future and link it to FH if needed

Got it, legal issues sux . Thanks for reply. Looking forward to see a MEXChange  

[xnd]

@about https://faucethub.io/news/post/117

A few clarifications, please

1. As i understand, to have the bitcoin withdraw processed as usual (in a 24 hours frame), we'll need to cover the fee that's around 100k, right?
2. To have the bitcoin withdraw processed on a weekly basis, what will the fee be?
3. Does this apply to bitcoin only or all coins (like, if i withdraw doge, will i get them in maximum 24 hours or in maximum 7 days?)

thanks

[mexicantarget]

@about https://faucethub.io/news/post/117

A few clarifications, please

1. As i understand, to have the bitcoin withdraw processed as usual (in a 24 hours frame), we'll need to cover the fee that's around 100k, right?
2. To have the bitcoin withdraw processed on a weekly basis, what will the fee be?
3. Does this apply to bitcoin only or all coins (like, if i withdraw doge, will i get them in maximum 24 hours or in maximum 7 days?)

thanks

1. That's right.
2. Same as it was before. I didn't want to raise the fees, so users don't have to pay higher fees. I want FH remain as it is.
3. Just bitcoin. Bitcoin's price keeps rising and it's kind of hard to keep up with it without paying huge amounts. Fee as bitcoin fee is "okay", but, as I said, the price is killing all the fun

[sandor1]

Hello  mexicantarget
I need help I can not log in for several days
I do not get a verification code

https://s18.postimg.org/m4k16j23d/image.jpg

[pcjob]

cannot access to pokebits after login and pwd, it simply doesnt return any error, tryed with 2 different browsers

No error shown. It logged me in for a min or two and now I have been logged out and cant login again.

I still wonder if the guy who complained about missing payout due to expired transaction had got the satoshi in their wallet in the end, I wish like to know if this is still a reliable website.

i'm withdrawed my bitcoin from faucethub.io to my other faucet

but it was 26 days till "Transaction not comfirmed"

https://www.blocktrail.com/BTC/tx/989f6b14c0da62568a2b959b0ec0ce03cae2b45b050d0baf7922f5485cc6d52a

and my transaction is REMOVED / EXPIRED
because of low fees.

What should I do? faucethub.io does not provide help

yongfong1219 may you please update us?

[mexicantarget]

I wanted to post a message to all the users who are waiting for their withdraws over the last month, and also to debunk a common myth about BTC transactions.

One of the most common myths many people hear or seem to believe is that after a certain amount of time has passed and a transaction is not confirmed, it's deleted or it expires, and the coins return to the wallet. This myth is false. Transactions never expire and never get deleted permanently, they are just removed from the mempool.

Different wallets and block explorers have different settings for how long they keep transactions in their mempool and how much MB it can use. This is why we see transactions being deleted off block explorers like blockchain.info with the message "Transaction not found", or with btc.com saying "Removed / Doublespend".

What happens in reality is that the wallet which sent those coins rebroadcasts the transaction to the network every couple of hours automatically. This is why transactions may be on the explorers at some points but not others.

Example:
Transaction on btc.com shows expired/removed: https://btc.com/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
Same transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
And on blockcyper it shows it was received "about 9 hours ago" at the time of this post: https://live.blockcypher.com/btc/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de/

Long story short
Don't panic, and don't pay attention to any of those "expired" or "double spend" or "deleted" or "removed" messages that you see on various explorers. The transaction will be broadcast indefinitely until a miner picks it up and confirms it. As for exactly when that happens, nobody is able to say. I hope for everyone's sake that old transactions are confirmed as soon as possible.

What's been done about it to fix the issue for the future
FaucetHub has changed our sat per byte fee that we send Bitcoin withdraws with from 30 sat/b to 140 sat/b, which allows transactions to confirm within 2-300 minutes in current conditions. However so that we can sustain that and continue to provide a strong service to users and faucet/website owners, we have switched Bitcoin from daily withdraws to weekly withdraws. There's now an option to expedite the withdraw and get it sent on the same day if you submit it before 6PM GMT.

Anyone spreading any further FUD about those "missing" withdrawals will be ignored here on bitcointalk and banned from faucethub's chat.
If some individuals are tech illiterates, it doesn't mean everyone is.

[Bigpiggy01]

I wanted to post a message to all the users who are waiting for their withdraws over the last month, and also to debunk a common myth about BTC transactions.

One of the most common myths many people hear or seem to believe is that after a certain amount of time has passed and a transaction is not confirmed, it's deleted or it expires, and the coins return to the wallet. This myth is false. Transactions never expire and never get deleted permanently, they are just removed from the mempool.

Different wallets and block explorers have different settings for how long they keep transactions in their mempool and how much MB it can use. This is why we see transactions being deleted off block explorers like blockchain.info with the message "Transaction not found", or with btc.com saying "Removed / Doublespend".

What happens in reality is that the wallet which sent those coins rebroadcasts the transaction to the network every couple of hours automatically. This is why transactions may be on the explorers at some points but not others.

Example:
Transaction on btc.com shows expired/removed: https://btc.com/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
Same transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
And on blockcyper it shows it was received "about 9 hours ago" at the time of this post: https://live.blockcypher.com/btc/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de/

Long story short
Don't panic, and don't pay attention to any of those "expired" or "double spend" or "deleted" or "removed" messages that you see on various explorers. The transaction will be broadcast indefinitely until a miner picks it up and confirms it. As for exactly when that happens, nobody is able to say. I hope for everyone's sake that old transactions are confirmed as soon as possible.

What's been done about it to fix the issue for the future
FaucetHub has changed our sat per byte fee that we send Bitcoin withdraws with from 30 sat/b to 140 sat/b, which allows transactions to confirm within 2-300 minutes in current conditions. However so that we can sustain that and continue to provide a strong service to users and faucet/website owners, we have switched Bitcoin from daily withdraws to weekly withdraws. There's now an option to expedite the withdraw and get it sent on the same day if you submit it before 6PM GMT.

Anyone spreading any further FUD about those "missing" withdrawals will be ignored here on bitcointalk and banned from faucethub's chat.
If some individuals are tech illiterates, it doesn't mean everyone is.

Great to see a microwallet doing something proactive to fix the issue. Longer term this should also be good for the overall mempool issue so those tx costs might come down over time.

If bitcoin is going to continue being viable for high volumes of micro payments, reducing the overall tx volume along with LN are the way forward as far as I am concerned.

[mexicantarget]

I wanted to post a message to all the users who are waiting for their withdraws over the last month, and also to debunk a common myth about BTC transactions.

One of the most common myths many people hear or seem to believe is that after a certain amount of time has passed and a transaction is not confirmed, it's deleted or it expires, and the coins return to the wallet. This myth is false. Transactions never expire and never get deleted permanently, they are just removed from the mempool.

Different wallets and block explorers have different settings for how long they keep transactions in their mempool and how much MB it can use. This is why we see transactions being deleted off block explorers like blockchain.info with the message "Transaction not found", or with btc.com saying "Removed / Doublespend".

What happens in reality is that the wallet which sent those coins rebroadcasts the transaction to the network every couple of hours automatically. This is why transactions may be on the explorers at some points but not others.

Example:
Transaction on btc.com shows expired/removed: https://btc.com/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
Same transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de
And on blockcyper it shows it was received "about 9 hours ago" at the time of this post: https://live.blockcypher.com/btc/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643de/

Long story short
Don't panic, and don't pay attention to any of those "expired" or "double spend" or "deleted" or "removed" messages that you see on various explorers. The transaction will be broadcast indefinitely until a miner picks it up and confirms it. As for exactly when that happens, nobody is able to say. I hope for everyone's sake that old transactions are confirmed as soon as possible.

What's been done about it to fix the issue for the future
FaucetHub has changed our sat per byte fee that we send Bitcoin withdraws with from 30 sat/b to 140 sat/b, which allows transactions to confirm within 2-300 minutes in current conditions. However so that we can sustain that and continue to provide a strong service to users and faucet/website owners, we have switched Bitcoin from daily withdraws to weekly withdraws. There's now an option to expedite the withdraw and get it sent on the same day if you submit it before 6PM GMT.

Anyone spreading any further FUD about those "missing" withdrawals will be ignored here on bitcointalk and banned from faucethub's chat.
If some individuals are tech illiterates, it doesn't mean everyone is.

Great to see a microwallet doing something proactive to fix the issue. Longer term this should also be good for the overall mempool issue so those tx costs might come down over time.

If bitcoin is going to continue being viable for high volumes of micro payments, reducing the overall tx volume along with LN are the way forward as far as I am concerned.

Honestly, I can't wait for LN to become viral. BTC is being pain in the a** for microtransactions in the last 6 months

[Bigpiggy01]

Might something like coinbase withdrawals become available at some point? As that'd simplify a lot of things.

[babygun]

Thanks Mexicantarget for the clear explanation! I hope too that LN will be implemented soon, as fees nowadays are just ridiculous.

[Rinder]

I remember sometime ago you did consider to use xrb, raiblocks has those thing changed did you considered to add those crytpo currencie wich has no fees, the last months with bitcoin attack  the fees had becamed expensive, paying 30-50$ for a tiny transaction isnt making any sense, its a huge waste of money using bitcoin for microtransactions.

[mexicantarget]

There's an issue with the database, I'm currently working on restoring it ASAP.

EDIT: Resolved

[FilestormGER]

There's an issue with the database, I'm currently working on restoring it ASAP.

THX 4 Info !!!!

[mexicantarget]

Everything should be back to normal since 45+ minutes ago.
There was an issue with server's memory.

Apologies

[mexicantarget]

I promised myself I wont be leaking anything, but, since this with DB happened, I need to compensate somehow ;p

[BitcoinMarshal]

I was waiting for one payment from FaucetHub and this was send on 31 December today I check its still showing unconfirmed please can you give any update about this because now its more then 2 weeks hope this will solve soon thanks