the title. Using bitcoin fog, deposited btc, they haven't showed up, looked on blockchain, it says they have been successfully deposited and that they have over 30 confirmations for that transaction. What does this mean?
BTC transaction has "30+ Confirmations" written on blockchain, what does that mean?
the title. Using bitcoin fog, deposited btc, they haven't showed up, looked on blockchain, it says they have been successfully deposited and that they have over 30 confirmations for that transaction. What does this mean?
[4 Points] None:
[6 Points] sapiophile:
Basically, the way Bitcoin works is that transactions are recorded in "blocks," and these blocks are "mined" by computers all over the world to confirm that the transactions are valid (like, that the sending address AKA "input" actually has access to the money it's sending, and that the coins weren't double-spent to another address as well, etc.). Bitcoin automatically adjusts itself so that a new block is found about every ten minutes. Each time a block is found, the ones before it become harder and harder to "undo," because more mining power has gone into validating the chain of blocks after it. So the more blocks are "on top" of a block containing a given transaction, the more secure that transaction can be considered. Each block that's mined on top of a given transaction's block is called a "Confirmation" - the typical high standard for very high assurance of a Bitcoin transaction is six confirmations, though in most cases just one or two is plenty. Thirty is definitely very well settled.
[3 Points] Dr_Zhivago_:
What does it mean? It means stop using bitcoinfog.
[3 Points] PurpleBeamz:
You've just been scammed my friend, your BTC are gone. BTC fog are known selective scammers. I've personally lost money to them look them up in the search bar you'll find many reports of users losing money.
[1 Points] yonder123:
This means that the transaction has been confirmed by 30+ miners, but the DNM you are using hasn't accepted the transaction yet. Once it is accepted, the # of confirmations will disappear from the user interface.
[1 Points] AndThenHeSays4:
So many people get scammed by these guys. What a racket.
[0 Points] young_k:
sounds like a normal event - seen it before. Typically theyll show up in a day or so when they fix btcfog.
[0 Points] DroopyDraws:
AAAAANNNNNDDD your BTC are gone!!!! Yet ANOTHER victim of fog and no sticky warning. Do one of the mods here have a stake in fog.Makes me wonder. Now I will sit back and wait to be called shill against fog.
Can't really answer your question but Sapio did a pretty good job of it already. What I wanted to say is that you shouldn't use btc fog. They have a history of selective scamming and it sounds like you might just be another victim of theirs.