bitstamp processing withdraw long time

[bitcoinranger]

I withdrew 3btc from Bitstamp to my Gatehub wallet. 

I confirmed the withdraw and its been processing for about 5 hours. I'm more frustrated because i'm missing the move. Any Idea whats happening.

[T8493]

1 minute ago, bitcoinranger said:

I withdrew 3btc from Bitstamp to my Gatehub wallet. 

I confirmed the withdraw and its been processing for about 5 hours. I'm more frustrated because i'm missing the move. Any Idea whats happening.

Open support ticket on Bitstamp or write them an email.

Have you confirmed the email you received?

[bitcoinranger]

ya i confirmed it and that changed the status from waiting for confirmation to processing that was 5 hours ago

[Guest]

Moved to "Gateways"

If you're trying to move BTC, there's a large transaction backlog. You may be waiting for several more hours. If you have the transaction ID, check to see if your transaction has any confirmations.

[cmbartley]

Yeah, go to blockchain.info to see it's status. Three's a huge backlog right now because of the 1MB limit. Many gateways/exchanges require 6 or more confirmations so you will likely be waiting for a long while...

[cmbartley]

It actually probably makes the most sense to convert BTC to XRP for transferring between exchanges and then exchange back if there's enough liquidity. That if you're willing to lose a small amount to benefit from the speed of the Ripple network.

[Morty]

35 minutes ago, cmbartley said:

It actually probably makes the most sense to convert BTC to XRP for transferring between exchanges and then exchange back if there's enough liquidity. That if you're willing to lose a small amount to benefit from the speed of the Ripple network.

Wow. Bitcoin sucks in its present state. It's barely even usable.

[Guest]

13 minutes ago, Morty said:

Wow. Bitcoin sucks in its present state. It's barely even usable.

With Bitcoin transaction times approaching those of the sluggish and outdated networks it was meant to replace... 

It's still free, totally anonymous and immune to despotic government actions, right? 

[kanaas]

totally anonymous and immune to despotic government actions

Yep thats how they found Ross Ulbricht @ the Silk Road [emoji4]

[bitcoinranger]

I mean im withdrawing btc to ripple does it even need to move on the blockchain to do that?

 

ive lost 20k xrp per btc because of the slow move time.

[tulo]

20 minutes ago, bitcoinranger said:

I mean im withdrawing btc to ripple does it even need to move on the blockchain to do that?

 

ive lost 20k xrp per btc because of the slow move time.

YEah mine from Bitstamp to Ripple are stuck too. Maybe they are internally sending the BTC to a different address, so they need some confirmation too.

But usually it takes a few minutes...