I requested a payout today via bitcoin and it's been unconfirmed for 3 hours and it says warning this is a double spend. You should be extremely careful when trusting any transaction from this user. What does this mean? Should I notify the book?
Bitcoin double spend?
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ucbearcats1027SBR Wise Guy
- 01-05-09
- 903
#1Bitcoin double spend?Tags: None -
OptionalAdministrator
- 06-10-10
- 61376
#2
It means some part of the bitcoins you have been sent have also been sent to another address..Comment -
ucbearcats1027SBR Wise Guy
- 01-05-09
- 903
#3Thanks I messaged them and they said "this is normal, give it time". lol I never had this happen. I'll give it till tomorrow but guessing it won't ever get confirmedComment -
OptionalAdministrator
- 06-10-10
- 61376
#4
But, the system will eventually clear the double spend thing and you either will get the coins or they will be cancelled. At which point the book will be able to see that has happened from the blockchain record and will pay you again.
Could not even guess how long it might take. Hopefully soon for you..Comment -
chosen4thSBR MVP
- 12-29-12
- 1106
#5hey optional- i had the same exact thing happen to me at heritage today, and now the bitcoin has disappeared from my wallet, and its not back in my sports book.. heritage is saying wait till the morning.. how should i handle thisComment -
ucbearcats1027SBR Wise Guy
- 01-05-09
- 903
#6Yes mine is from same and it disappeared as well now which means it was canceled. They must of messed something up with them all today. I'm sure they will fix tomorrow.Comment -
OptionalAdministrator
- 06-10-10
- 61376
#8Sounds like Heritage know about it. They probably just need to wait until a bitcoin expert comes in for work at a guess..Comment -
ehp6737SBR MVP
- 12-11-08
- 4185
#10Same here. Heritage w/d was there pending with 0 confirmations, now it disappeared like it never was there. Never had that happen before,nor knew it was possible to reverse or cancel a btc transComment -
OptionalAdministrator
- 06-10-10
- 61376
#11
If you send some bitcoin with a fee lower than the minimum ratio, so it isn't picked up by a miner and written to the blockchain record very fast, then resend the same btc a few seconds later to yourself with a proper size fee. Then, if the 2nd transaction gets picked up first (as would be expected with the fee levels), the original transaction is cancelled once it hits the blockchain.
There is a publicly available script to do this floating around.
Unless the victim is some sort of company that honors transactions with zero confirmations, or does not monitor their btc wallets properly and do not notice the network warning and reversal, then it's really not much use to anyone apart from script kiddies trying to be vandalistic.
Chances are someone tried to do this to Heritage and they happened to use those deposited funds to pay people before the bad tx hit the blockchain..Comment -
chosen4thSBR MVP
- 12-29-12
- 1106
#12I wish Betcoin had a better interface on their site, their payouts are never an issue, usually under an hour.. heritage is just such a great siteComment -
rockmvp1209SBR Wise Guy
- 09-27-13
- 755
#13in a situation like this ive heard of books actually saying "we sent it, we did our part, nothing we can do if you didn't receive it"Comment -
raiders72001Senior Member
- 08-10-05
- 11113
#14It's definitely the books fault and can be proven. Just make sure that you keep a record of the bitcoin address that you told them to pay. SBR can easily track it.Comment -
TheMoneyShotBARRELED IN @ SBR!
- 02-14-07
- 28672
#15I'd be so pissed off. Wow.
Books can't even get a simple Bitcoin transaction payout request down properly now?Jesus.
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big joe 1212SBR Posting Legend
- 06-01-08
- 19380
#16Same thing happened to me yesterday on a deposit. It cleared up within a few hours.Comment -
chosen4thSBR MVP
- 12-29-12
- 1106
#17this still isnt cleared up.. my withdraw was for $1500 so im really hoping this doesnt turn into a messy situationComment -
chosen4thSBR MVP
- 12-29-12
- 1106
#18ok so the bitcoin is now in my wallet at blockchain, and im trying to move it to coinbase and its not letting me, saying that the money is already spent? so now im contacting blockchain to find out whats going onComment -
Heritage InsiderSBR Sharp
- 09-06-11
- 282
#19Bitcoin
We have recognized an issue related to our sending wallet. We are working with the provider to source what the issue is.
All transactions were sent within our same day commitment and we saw all the transactions pending at the close of business last night. Some were confirmed and others did not get confirmed.
We use the dynamic fee's as advised by our provider to ensure the transactions are confirmed in a timely manner.
We have records of those that were confirmed and those that weren't. We are monitoring this closely and will continue to make sure that all clients receive their btc.
Appreciate the patience as we work to resolve this.
Insider!Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#20Sent money from Blockchain to Bitpay 6 hours ago with a higher fee, still zero confirmations. Delaying again.Comment -
chosen4thSBR MVP
- 12-29-12
- 1106
#21Blockchain is horrible for wallets.. my money hit my blockchain wallet but I can't do anything with it and their customer support reps are like dealing with idiotsComment -
ucbearcats1027SBR Wise Guy
- 01-05-09
- 903
#22Received my payout today. Heritage fixed the issue first thing this morning. So nice dealing with a book that is fast and keeps you in the loop.Comment -
Heritage InsiderSBR Sharp
- 09-06-11
- 282
#24Bitcoin
Here is the crux of the problem.
We have made several inquiries and are doing everything we can, but it looks like it boils down to traffic issues.
Hopefully, things will pickup soon and we appreciate everyone's patience and we hope things get back to normal asap.
Insider!Comment
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