mikser64
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webminepool.com
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January 07, 2018, 10:53:47 PM |
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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 (OP)
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January 08, 2018, 12:06:00 AM |
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Please read: https://faucethub.io/news/post/117Hey, 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
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mikser64
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webminepool.com
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January 08, 2018, 12:33:54 AM |
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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?
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mexicantarget (OP)
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January 08, 2018, 01:05:58 AM |
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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? Yes, legal difficulties. I could simply launch a real exchange in the future and link it to FH if needed
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mikser64
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webminepool.com
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January 08, 2018, 01:17:36 AM |
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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? 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
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xnd
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@DEVRAWL
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January 08, 2018, 03:09:35 AM |
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@about https://faucethub.io/news/post/117A 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
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mexicantarget (OP)
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January 09, 2018, 01:33:47 AM |
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@about https://faucethub.io/news/post/117A 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
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pcjob
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January 10, 2018, 10:47:57 AM Last edit: January 10, 2018, 11:24:10 AM by pcjob |
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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. yongfong1219 may you please update us?
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mexicantarget (OP)
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January 11, 2018, 12:34:47 AM Last edit: January 11, 2018, 02:44:53 AM by mexicantarget |
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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/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deSame transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deAnd 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 shortDon'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 futureFaucetHub 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.
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Bigpiggy01
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January 11, 2018, 01:16:20 PM |
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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/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deSame transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deAnd 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 shortDon'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 futureFaucetHub 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.
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mexicantarget (OP)
Legendary
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Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
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January 11, 2018, 01:39:56 PM |
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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/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deSame transaction on blockchain.info: https://blockchain.info/tx/8e0169f69bec7e3cbb8f0b0c39e5793c3af647021d176a9a423b4046d10643deAnd 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 shortDon'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 futureFaucetHub 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
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Bigpiggy01
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January 11, 2018, 03:37:16 PM |
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Might something like coinbase withdrawals become available at some point? As that'd simplify a lot of things.
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babygun
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January 11, 2018, 05:13:23 PM |
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Thanks Mexicantarget for the clear explanation! I hope too that LN will be implemented soon, as fees nowadays are just ridiculous.
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Rinder
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January 11, 2018, 10:35:20 PM |
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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.
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mexicantarget (OP)
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January 12, 2018, 12:46:02 PM Last edit: January 12, 2018, 01:14:26 PM by mexicantarget |
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There's an issue with the database, I'm currently working on restoring it ASAP.
EDIT: Resolved
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FilestormGER
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January 12, 2018, 01:04:03 PM |
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There's an issue with the database, I'm currently working on restoring it ASAP.
THX 4 Info !!!!
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mexicantarget (OP)
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January 12, 2018, 03:28:19 PM |
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Everything should be back to normal since 45+ minutes ago. There was an issue with server's memory.
Apologies
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mexicantarget (OP)
Legendary
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Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
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January 12, 2018, 03:45:29 PM |
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I promised myself I wont be leaking anything, but, since this with DB happened, I need to compensate somehow ;p
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BitcoinMarshal
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January 12, 2018, 11:05:44 PM |
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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
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