Post
Topic
Board Beginners & Help
Re: Bitcoins are not user friendly what-so-ever
by
bitsmichel
on 11/06/2014, 08:55:26 UTC
I took the plunge and baught my first bitcoin last week. It was a long process but overall not a bad experience at Coinbase to buy it.
During the wait I looked to arm myself with knowledge about how to safely hang on to my coin, so I immediately withdrew it from Coinbase and sent it on over to Blockchain.info wallet; big mistake.
I spent some of my coin and have about .03 left, which equates to about $30 as of writing this. 48 hours ago I used blockchain.info's wallet to send it back to my Coinbase to cash it out, and it just sat there at unconfirmed. After hours of researching it, I concluded the wallet didn't add a transaction fee, so I had to wait 2 days for the transaction to be rejected(?) and reappear in my blockchain wallet.
This morning my coin was back in my blockchain wallet (yay!!!), so I attempt to send it to my Coinbase wallet again and this time I made sure I included a generous fee (as advised by the support at blockchain.info). 12 hours later I get the first confirmation, and to my dismay it now shows a double-spend error. I have no clue what to do at this point, and I am unsure 3+ more days of frustration are worth the effort to retrieve my $30. I have no idea what is going on, all I know is my $30 is unattainabe, and there is very little information on how to retrieve it.
I feel frustrated, ripped off, and overall had a absolute terrible experience.

You should use a desktop wallet on a secure computer, not online websites; This is because 'private keys' are used to send money, and the only way to have private keys is to use a desktop wallet. If you do not have the private key, you do not control the money; That said, you may want to contact the coinbase / blockchain guys about your problem.