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Author Topic: How long are BTC transactions taking?  (Read 1757 times)
hous26 (OP)
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July 30, 2017, 01:49:51 PM
 #1

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?
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July 30, 2017, 01:53:39 PM
 #2

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

How long it takes depends on the fee you paid but generally with a sufficient fee it should show up on poloniex within an hour.

Are you sure you sent to the correct address? Take a look at your transaction ID and see how many confirmations it has. If your fee was too low its possible to accelerate it with viabtc.

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July 30, 2017, 02:04:05 PM
 #3

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

How long it takes depends on the fee you paid but generally with a sufficient fee it should show up on poloniex within an hour.

Are you sure you sent to the correct address? Take a look at your transaction ID and see how many confirmations it has. If your fee was too low its possible to accelerate it with viabtc.

I'm positive about the address.  I copied and pasted it and have gone back to verify it myself.  BTC was sent to the BTC wallet on Poloniex.  Coinbase says it has 0 confirmations and Poloniex doesn't even show it was sent.
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July 30, 2017, 02:10:00 PM
 #4

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

How long it takes depends on the fee you paid but generally with a sufficient fee it should show up on poloniex within an hour.

Are you sure you sent to the correct address? Take a look at your transaction ID and see how many confirmations it has. If your fee was too low its possible to accelerate it with viabtc.

I'm positive about the address.  I copied and pasted it and have gone back to verify it myself.  BTC was sent to the BTC wallet on Poloniex.  Coinbase says it has 0 confirmations and Poloniex doesn't even show it was sent.
How much transaction do you input? The minimum amount on coinbase? Bitcoin network is very slow and requires many confirmation to be verified it as legit transaction. Sending bitcoin now is unstable due to upcoming fork.

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July 30, 2017, 02:11:16 PM
 #5

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

How long it takes depends on the fee you paid but generally with a sufficient fee it should show up on poloniex within an hour.

Are you sure you sent to the correct address? Take a look at your transaction ID and see how many confirmations it has. If your fee was too low its possible to accelerate it with viabtc.

I'm positive about the address.  I copied and pasted it and have gone back to verify it myself.  BTC was sent to the BTC wallet on Poloniex.  Coinbase says it has 0 confirmations and Poloniex doesn't even show it was sent.
How much transaction do you input? The minimum amount on coinbase? Bitcoin network is very slow and requires many confirmation to be verified it as legit transaction. Sending bitcoin now is unstable due to upcoming fork.

It was 0.17 BTC.
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July 30, 2017, 02:20:20 PM
 #6

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

I just sent some today and was fast, 1st 2 confirms came within minutes.  If its not in the blockchain thats coinbase issue not BTC.

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July 30, 2017, 02:26:32 PM
 #7

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

I just sent some today and was fast, 1st 2 confirms came within minutes.  If its not in the blockchain thats coinbase issue not BTC.

Thanks.  I did some digging and apparently a lot are having this problem.  Looks like I might be waiting awhile. Sad
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July 30, 2017, 02:59:50 PM
 #8

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?
Sometimes its take much time to be the transaction will process. That's normal sir that its pending in 11 hours because I tried poloniex also. There some times that they pending your bitcoin. If you can cancel it, please cancel it then try to do it again but if you cannot cancel, may be you should wait upto 10 days and past a ticket to them. I say that because I experienced that already.
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July 30, 2017, 03:14:20 PM
 #9

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?
Its on coinbase fault on which they dont still send those bitcoins which it wont really show up on the address on your poloniex. I do have recent transaction with coinbase transfer which i do make a withdrawal and for how many hours i do still see pending state which means they are still holding such transaction,it took for almost 12 hours or 15 hours but i didnt still bother since coinbase would really sent out those bitcoins and luckily the transaction went through and i do receive the bitcoin which i do request. Just have patience pal.

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July 30, 2017, 03:34:41 PM
 #10

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

You need not worry about that. Coinbase is working on backlog so transactions are delayed. I tried it two-three days ago and encountered similar problem. Usually Coinbase generate transaction immediately and one can track on explorer but currently it is taking time to initate. My transaction took 13 hours to complete.



How long it takes depends on the fee you paid but generally with a sufficient fee it should show up on poloniex within an hour.

Coinbase doesn't allow to choose random fees. It has one fee for all transactions irrespective of size and user.
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July 30, 2017, 03:36:37 PM
 #11

I am observing Coinbase from quite some time now and they have lots of delay in the BTC and ETH chains. I was a regular user of coinbase from long time but recently shifted towards a wallet of my choice and just using it for the exchange now.
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July 30, 2017, 04:11:34 PM
 #12

That's unusual for Coinbase, in my experience.  They're usually
pretty quick with the outgoing transfers.   If it says 0 confirmations,
you're OK though.   You just have to wait, it'll be on the blockchain
eventually.   Don't fret,  your money isn't lost, it's just stuck.  And
this is still better than what was happening earlier in the year.  11
hours is nothing compared to 72 hours or more.
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July 30, 2017, 04:36:55 PM
 #13

That's unusual for Coinbase, in my experience.  They're usually
pretty quick with the outgoing transfers.   If it says 0 confirmations,
you're OK though.   You just have to wait, it'll be on the blockchain
eventually.   Don't fret,  your money isn't lost, it's just stuck.  And
this is still better than what was happening earlier in the year.  11
hours is nothing compared to 72 hours or more.

  The reason Coinbase is so slow at the moment is because of the upcoming fork. Everyone is transacting right now, which congests the network. They released a statement saying all transactions will be processed within 24 hours, so we will just have to wait and see.
  Some are reporting 15/16 hour wait times and longer, so I don't think they are holding up to this promise, but in any case be aware that this is happening and there is no reason to panic.
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July 30, 2017, 04:48:14 PM
 #14

Coinbase will try to retain whatever amount of bitcoin they can from their users to get free BCC out of it during network split on 1st august. Also they might use very low fee during next few days to keep those withdrawal pending because you can get BCC only for confirmed BTC balances. I am not using coinbase right now and will not at any point in future too, they are just another paypal.

 
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July 30, 2017, 05:20:20 PM
 #15

Yeah same here. Waiting for 7 hours and still 0 confirmation. I wanted to empty my wallet today before the August and didn't want to do it at the last moment on July 31. I hope to get it fast. I am watching some porn here and there but I am bored. I wanted to buy those fucking shoes today to get a discount, it sucks

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July 30, 2017, 05:36:54 PM
 #16

Yeah same here. Waiting for 7 hours and still 0 confirmation. I wanted to empty my wallet today before the August and didn't want to do it at the last moment on July 31. I hope to get it fast. I am watching some porn here and there but I am bored. I wanted to buy those fucking shoes today to get a discount, it sucks

LMAO, great response.  You are going to have to watch a lot of porn to keep you busy as some are reporting 34+ hours of delay.   Shocked
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July 30, 2017, 06:00:12 PM
 #17

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

First thing, I'm making it bold purposely, You shouldn't be doing any transaction until August 1st passes on and we get the green signal of transactions. That was ridiculous decision to take and also you are sending the money to exchanger, that is even stupid thing to do in this weekend.

See man, you might loose the funds in this period of time. There will delay in the transaction and why is all written on the dashboard of coinbase in orange highlighter if you could see it or have a time reading around the site.

 
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nidacoinlove
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July 30, 2017, 06:15:37 PM
 #18

Usually it takes thirty minutes or sometimes an hour. The bitcoin transaction confirmation used to take long as 24 hours in the past but then the problem was fixed, so it hardly takes thirty minutes to confirmation.
One of the common reasons for late transaction confirmation is the transition fee if you pay high fee your transaction is on priority and if low then it is less prioritize so it takes long. The other reason could be the fork issue going on.
hous26 (OP)
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July 30, 2017, 06:32:09 PM
 #19

I'm new to this but I think its working.  I received an email from Coinbase saying I sent BTC to the wallet address.  Coinbase now shows a transaction ID and that 1/6 confirmations are complete.  Poloniex shows the deposit of the correct amount of BTC and it says "COMPLETE" in green.  I only have 1 confirmation so I dont know how Poloniex shows its complete.  Should I sit back and do nothing until all 6 confirmations are complete or can I list them on the exchange?  I want to buy altcoins with the BTC.
reflector
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July 30, 2017, 06:49:47 PM
 #20

I'm new to this but I think its working.  I received an email from Coinbase saying I sent BTC to the wallet address.  Coinbase now shows a transaction ID and that 1/6 confirmations are complete.  Poloniex shows the deposit of the correct amount of BTC and it says "COMPLETE" in green.  I only have 1 confirmation so I dont know how Poloniex shows its complete.  Should I sit back and do nothing until all 6 confirmations are complete or can I list them on the exchange?  I want to buy altcoins with the BTC.

However, you cannot see the tx id below your transaction of btc wallet. It will take the 1 or even more to complete the transaction. This issue was ongoing from the July 26th onwards.
Please wait till August 1st to send any bitcoins from the Coinbase wallet. They do not Bitcoin cash option also like blockchain.
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