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Author Topic: can balance from coinbase be stolen if recieved payment is pending?  (Read 165 times)
gogostar (OP)
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December 08, 2017, 05:33:34 PM
 #1

can balance from coinbase be spent if it's still pending?
I had payout from pool to my btc adress (at coinbase), but it has been pending for week.
when i checked on blockchain.info it say that output is spent.
does it mean someone stole my 0.01btc before it reached my wallet?

Thanks
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DannyHamilton
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December 08, 2017, 05:54:35 PM
 #2

can balance from coinbase be spent if it's still pending?
I had payout from pool to my btc adress (at coinbase), but it has been pending for week.
when i checked on blockchain.info it say that output is spent.
does it mean someone stole my 0.01btc before it reached my wallet?

Thanks

It might just mean that Coinbase has created a transaction to move the funds to their cold wallet so that it will be secured as soon as it confirms.

When you log into Coinbase, does it still show the transaction as pending?
gogostar (OP)
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December 08, 2017, 05:59:28 PM
 #3

Thank you for reply,
on counbase it say pending. it has been like that since 1.12.17

https://live.blockcypher.com/btc/tx/ddf3d4f14958569215c8e87b675536ac684bedb20aac1f29f73d9af76bfbc6bb/
DannyHamilton
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December 08, 2017, 06:06:22 PM
 #4

Thank you for reply,
on counbase it say pending. it has been like that since 1.12.17

https://live.blockcypher.com/btc/tx/ddf3d4f14958569215c8e87b675536ac684bedb20aac1f29f73d9af76bfbc6bb/

The sender included an insufficient transaction fee. (Only 25 satoshis per byte, or 6 satoshis per Block Weight Unit)

This transaction is likely to take a VERY long time to confirm (perhaps weeks or months).

It is possible for the sender to create a competing transaction that would make this transaction invalid if the competing transaction confirms.  Therefore, unless you trust the sender to resend the funds if/when this transaction becomes invalid, you should NOT trust that you will actually receive these funds.  You should complain to the sender that they should learn how to use bitcoin properly, and refuse to engage in any additional transactions with them until they've learned to do so properly.  You should also let as many people as possible know not to trust this service since they don't know how to properly create bitcoin transactions.

gogostar (OP)
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December 08, 2017, 06:42:50 PM
 #5

Thank you very much for explenation. I was worried thinking someone stole it somehow.

Funny thing is that sender is slushpool so no way of contacting them. Huh
claz
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December 08, 2017, 06:44:51 PM
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Thank you very much for explenation. I was worried thinking someone stole it somehow.

Funny thing is that sender is slushpool so no way of contacting them. Huh
[/quote

I am worried too
DannyHamilton
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December 08, 2017, 06:53:48 PM
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Thank you very much for explenation. I was worried thinking someone stole it somehow.

Funny thing is that sender is slushpool so no way of contacting them. Huh

I just took a closer look at the transaction...

That transaction is confirmed.  It has more than 1200 confirmations!

This isn't a problem with the sender.  Slush probably just included it in one of their own blocks, so they didn't need a very high fee.

This is a problem at Coinbase.

You need to contact Coinbase, send them the transaction ID and ask them why this fully confirmed transaction is still "pending" according to their website.  They should have credited your account with the funds by now.
gogostar (OP)
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December 08, 2017, 07:24:09 PM
 #8

Great. Thank you.
I just hope its not lost.
Hopefuly coinbase will sort it out. (If i'll manage to contact them)
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