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Author Topic: Coinbase: Increasing ETC deposit confirmation time to ~ 2 weeks  (Read 213 times)
pixie85
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August 11, 2020, 10:40:29 PM
 #21

So if you are going to deposit, you might as well wait for the right time, unless you really can wait for 2 weeks confirmation.

I have a better idea. Don't deposit to coinbase!

There are still exchanges that don't make you wait 2 weeks. This is really ridiculous. They could require more confirmations than usually like increase the number 3 times. 2 weeks is something only coinbase could think of.

It's on ETC side which has a problem. Because of the recent network attacks. A lot of exchanges are prolonging withdrawal/depositing in order to prevent any problems. Well if you want to deposit in a garbage exchange and have problems later, sure.

You can have more context here and here if you want to read it.

So you must think coinbase is not a garbage exchange?
You don't need a 2 week delay to know if there was a 51% attack or not. They are overdoing it.

I'm not saying ETC isn't a shitcoin, but Armstrong isn't a saint either.
You can find a lot of interesting reads in the web https://en.ethereumworldnews.com/coinbase-hiles-fee-233-pro-site-outrage-traders/
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