Depends what fee they used. Not having it confirmed after 5 hours is not unusual if they used a low fee.

If you're sending to yourself, there is nothing to be concerned about unless you need the funds to be confirmed urgently. If someone is "sending" to you and you already sent them other collateral, they could pull the rug on you. Click on the pending transaction and look at their input address and confirm the funds are still there.

What wallet are you using? Some wallets let you spend pending transactions. If you jack up the fee to spend that amount, or any amount really, and it uses some of the pending amount as an input, it will confirm the prior pending one too.

If the wallet you're using doesn't let you do that, and you have the seed phrase, install Samourai Wallet and restore that seed phrase and you can do it.

BTC is SLOW sometimes... let it run its course before you get concerned.
you can also check the status of the confirmations online.

What would be the best wallet for but coins ?
Thx

Trezor or Ledger.

I assume PayPal pretty soon.

Kraken's security division revealed that the entire family of Trezor wallets can be hacked to steal private keys, though the method requires specialized hardware. Kraken Security Labs revealed on Jan 31. ... The vulnerability is caused by the specific hardware used by Trezor, meaning that the company cannot easily fix it.Jan 31, 2020


https://news.bitcoin.com/crypto-hard...mails-exposed/

This. For any amounts you'd be uncomfortable with losing, keep them on a hardware wallet. For amounts to splash around with on your phone, Samourai is good. I like Mycelium too.

For Ethereum, Argent and Trust Wallet are good.

For any wallet, make sure you have adequate backup procedures. Never write down the seed phrase on your computer. Hand write it or use crypto steel. Store in a few places. Use a passphrase as well.

And then before sending any significant amount to your hardware wallet, test it out. Send a tiny amount. Delete your wallet. Recover it. See that it's still there. Play around with it. Figure out how sending transactions works. Once you're comfortable, send the lion's share.

Until you're comfortable and know what you're doing it's probably better to just keep it somewhere reputable like Coinbase, Kraken, Bittrex, etc. I feel awkward even saying that, cause not your keys, not your coins, and you could get Mt. Goxed, Cryptsyd, Quadrigad, the lost goes on of irrecoverable exchange hacks. But if you don't know what you're doing, you're probably more likely to lose it yourself than the exchange being hacked or running off with your coins.

Anyone worried about someone with physical access to your trezor being able to hack it can do this:


https://wiki.trezor.io/Passphrase

you totally owned the nocoiner known as trolly mctrollerson. He is on your team my dude.

lol no one cares if stay here , you're just one of the many long term bears. When you get a chance "check the scoreboard"

Ok thx people .
seem a bit complicated or risky but I’ll check it outs

PayPal allows no deposits or withdrawals. They just give you price exposure (if they don't screw it up). Buying on PayPal is pretty useless.

I use a ledger... been a rock so far even with the phishing attacks.

Hardware wallet is the only way to go, but the one thing I don't like about them is one of these days an "update" from ledger is going to be some sort of hack/bug. There have been multiple ones in the past that I don't think have cause too much damage, but it's just a matter of time until it does. Something as simple as sending a transaction multiple times.

Also, Ledger is closed source. So from my limited understanding of closed source stuff, you have to trust Ledger!? Seems to defeat the whole purpose of a hardware wallet. Even if you feel ledger is trustworthy, which again, defeats the whole purpose of a hardware wallet, someone untrustworthy can hack into ledgers update and make it do bad things. Hell, ledger already got there complete list of names and addresses of people who have bought ledgers hacked. So they have already shown incompetency in many ways. Now all those people are subject to the WRENCH ATTACK.

This. Don't buy on Paypal because you won't even know for sure if they actually own your Bitcoin.

Buying a hardware wallet and taking custody yourself is a way better option + it makes the prices go up vs buying on fractional reserved exchanges.

Skrill and neteller have been doing this for a few years. They scalp a few % from the mid market rate each time you buy and sell with no option to withdraw the crypto. Sure paypal will be the same a complete waste of time for anyone who knows what binance is but will help expose more people to crypto.

lol nothing can phish your hardware device.

i know what you're saying with the phishing emails, but if you NEVER put your seed words on a device that ever connects to the internet and you verify the transaction you are sending on the device itself, you'll be fine.

Yes, as long as there isn't a bug/hack in the constant closed source updates they have.

The decoupling is already boring.

@TS
I am curious what Bitcoin is correlated with today though. I need some 'insights'.

Today it’s tied to Tesla stock. Elon Musk created bitcoin duh

Came back to check on this thread now that BTC is above $13500

If it can close above $14000 which it has tried to test in the past - a move to 20k will undoubtable be inevitable.

BTC is still cheap under 20k guys.

BTC does need to cool off for a few weeks imo for a healthy chart.

It does not need to cool off, that makes no sense. This range has been traded in for months now. Corrections will be due once it breaks into a new range. The only true constant in BTC is that it must always retrace almost all gains.

It's the big players buying and HODLING now. I've noticed JPM touting it a bunch now with it having "substantial upside". Obv they loaded up while they called it a fraud. Just super curious what they are going to say about BTC after they cashout and try to rebuy lower.

Why is a healthy chart important? Does the chart drive the price?

I think what he's saying is that if it runs up too fast there won't be support and it will inevitably dip back. But if it slowly rises it will have stronger support to stay at or surpass those levels.

See 2017 and how fast it rose to 20k and then quickly tumbled.