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Author Topic: Bitcoin - Unconfirmed Transaction  (Read 141 times)
bitminer2712 (OP)
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December 26, 2017, 07:15:09 PM
 #1

Hi,
I made a BTC transfer from Coinbase to another wallet. The transaction has been pending for almost 4 hours now.
The destination address is 1DZ3ib848VFgFgbuUkYdEh6bYwDTvMJocn
Can someone please confirm when would this transaction be confirmed?

https://blockchain.info/address/1DZ3ib848VFgFgbuUkYdEh6bYwDTvMJocn
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December 26, 2017, 07:34:32 PM
 #2

There is no Bitcoin transaction going towards the address you linked.

Have your Coinbase balance decreased? And if it was, how is the transaction showing in your Coinbase account? Make sure that the transaction was really sent.

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bitminer2712 (OP)
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December 26, 2017, 07:42:57 PM
 #3

Yes, My Coinbase balance has decreased to zero (0) after I initiated the transfer. When I initiated the transfer I said use Max and it used all my bitcoin in the Coinbase wallet to transfer to other wallet. The transaction shows in Pending status and it shows the full amount as amount initiated for transfer. it shows the fee of 0.001BTC but am not sure where would this fee be deducted from if my entire balance is put for transfer from coinbase to other wallet.
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December 26, 2017, 08:07:19 PM
Last edit: December 26, 2017, 08:18:42 PM by Potato Chips
 #4

According to coinbase they are currently experiencing transaction delays. Quoting it below:

Identified - Due to high volume, we are experiencing a backlog of outgoing transactions for BTC and ETH. Our team is working on increasing our capacity so that we can process transactions more quickly. Sends of BTC and ETH may be delayed by several hours. We apologize for any inconvenience this may cause.
Dec 26, 10:24 PST

There was a guy with a similar problem. I think his transaction got processed in less than 12 hours or 24 hours. So you just need to wait, if 24 hours has passed and it's still pending, you should then contact their support.

Here's the thread link of the guy I was talking about: https://bitcointalk.org/index.php?topic=2646631

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bitminer2712 (OP)
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December 27, 2017, 03:28:11 AM
 #5

Thanks. Mine got processed after 7 hours.
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