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Author Topic: [Unofficial] Coinpot.co - new microwallet  (Read 100547 times)
TheQuin
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May 26, 2020, 05:45:16 AM
 #2121

lol, it would cost more to send out the transactions than they are worth  Grin

Fair enough but there is also no point in sending a 2 sat/byte transaction when there is 70Mb ahead of it in the queue and then telling your customers that the withdrawal is "Completed". That just causes masses of unnecessary support work for the sites receiving those transactions.

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grahamlyons
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May 26, 2020, 06:30:26 AM
 #2122

lol, it would cost more to send out the transactions than they are worth  Grin

Fair enough but there is also no point in sending a 2 sat/byte transaction when there is 70Mb ahead of it in the queue and then telling your customers that the withdrawal is "Completed". That just causes masses of unnecessary support work for the sites receiving those transactions.

the problem is that because of the severely restricted block size on the bitcoin blockchain there just isn't enough space in the blocks for all the transactions at busy times like last week
if coinpot decided to pay hundreds of dollars to push their transaction to the front of the queue then it just means other lower fee transactions will suffer - ultimately causing someone else the "unneccesary" support work that you mentioned.

i think coinpot rightly stood their ground and say...hey our transactions are obviously not highest priority so we will broadcast them onto the blockchain so there is proof the withdrawal is completed and wait until the backlog clears for them to be confirmed on the blockchain
this is what happened within hours of my post - and i received my pending withdrawal along with everyone else - no big drama  Grin

this also means they avoid overpaying fees which would only end up being passed on to the user. so they can afford to keep their blockchain withdrawals fee-free (to me the user!).

tbh i might consider converting in the future and only doing my withdrawals with bch or dash as those coins dont suffer these kind of backlogs  Wink
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May 26, 2020, 08:01:12 AM
 #2123

I opened the website today to see that I have to log in again before I can use it, but I have tried several times and still have not received the login confirmation email. Is it a problem with the coinpot website? Still a personal problem?
Can you log in normally today?
UserU
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May 26, 2020, 08:09:07 AM
 #2124

I opened the website today to see that I have to log in again before I can use it, but I have tried several times and still have not received the login confirmation email. Is it a problem with the coinpot website? Still a personal problem?
Can you log in normally today?

Works fine here, but I've already logged in prior.

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BTCLiz
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May 26, 2020, 08:18:45 AM
 #2125

I opened the website today to see that I have to log in again before I can use it, but I have tried several times and still have not received the login confirmation email. Is it a problem with the coinpot website? Still a personal problem?
Can you log in normally today?
I've got the same issue. The same problem happened to me a couple of times before. The only thing we can do right now is to wait.

The last times this problem was fixed after 2 days. Sad
forkjack
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May 26, 2020, 08:23:31 AM
 #2126

I opened the website today to see that I have to log in again before I can use it, but I have tried several times and still have not received the login confirmation email. Is it a problem with the coinpot website? Still a personal problem?
Can you log in normally today?

Works fine here, but I've already logged in prior.

I have logged in before, but today I was asked to log in again, but I have not received a confirmation email until now
dabbur
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May 26, 2020, 12:55:59 PM
 #2127

if its an unconfirmed trransaction then that means they have sent it to the blockchain and you will get it eventually

i assume it is BTC?
if so, then the problem is because there is a massive backlog of transactions right now (and for the last 7-10 days)
there are currently over 50,000 transactions queued up, and more being added all the time!
see https://jochen-hoenicke.de/queue/#0,30d

not much that coinpot or anyone can do until this clears - hopefully over the weekend Smiley


There is something they could do. Use the appropriate transaction fee.

lol, it would cost more to send out the transactions than they are worth  Grin

I dont understant why people are withdrawing in BTC anyhow. Its only useful if you have 0.001 BTC - better more.
I only cash out in BCH. Almost zero transaction fee, no delays, liquid currency and if I have collected enough I can exchange it to something else (BTC if it has to be) with atomic wallet, coinomi or somthing like that.
dabbur
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May 26, 2020, 01:07:27 PM
 #2128

I opened the website today to see that I have to log in again before I can use it, but I have tried several times and still have not received the login confirmation email. Is it a problem with the coinpot website? Still a personal problem?
Can you log in normally today?
I've got the same issue. The same problem happened to me a couple of times before. The only thing we can do right now is to wait.

The last times this problem was fixed after 2 days. Sad

But I think some mail adresses are gone forever. I recently had this problem and after 1 month still no confirmation emails. Best (only) solution - a new account (with a different mail adress of course and dont forget to clear your cache + cookies first) and cash out as often as possible with low fee currency.
Bitcoin Dragon
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May 27, 2020, 03:26:42 AM
 #2129

I prefer to cash out in DOGE to atomic wallet. Quick and easy and a good one to exchange to something else.
UserU
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May 27, 2020, 06:20:26 AM
 #2130


I have logged in before, but today I was asked to log in again, but I have not received a confirmation email until now

Confirmation mail? By right, there's no need to confirm any email because the page would request for your email, address and 2FA (assuming you have it activated).

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THE HOTTEST CRYPTO
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masterfocus
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June 01, 2020, 03:10:45 PM
 #2131


I have logged in before, but today I was asked to log in again, but I have not received a confirmation email until now

Confirmation mail? By right, there's no need to confirm any email because the page would request for your email, address and 2FA (assuming you have it activated).
The site says I'll receive a confirmation e-mail even with 2FA activated. And I'm still waiting for it, I asked for a withdraw a couple minutes ago.
FinneysTrueVision
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June 01, 2020, 05:07:58 PM
 #2132

I'm getting error 503 on all the faucets.

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StelioKontos
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June 01, 2020, 06:28:53 PM
 #2133


I have logged in before, but today I was asked to log in again, but I have not received a confirmation email until now

Confirmation mail? By right, there's no need to confirm any email because the page would request for your email, address and 2FA (assuming you have it activated).

An email is sent to let you grant accesso to your IP address for the last login attempt.

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June 01, 2020, 07:50:47 PM
 #2134

I'm getting error 503 on all the faucets.

your not the only one
masterfocus
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June 01, 2020, 10:17:25 PM
 #2135

No faucet is working. =/
Jeffchin
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June 01, 2020, 11:07:52 PM
 #2136

Lengthy downtime has been quite frequent lately
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June 01, 2020, 11:41:06 PM
 #2137

Lengthy downtime has been quite frequent lately
Anonymous, cool hacks... is this the end?  Huh
StelioKontos
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June 02, 2020, 07:05:43 AM
 #2138

This time doesn't look the same temporary down... I hope it's just a bad feeling...

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June 02, 2020, 07:25:54 AM
 #2139

Was good while it lasted, time to move on to other platforms, any recommendations? Cheesy
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June 02, 2020, 08:30:32 AM
 #2140

Appears to be dead now.
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