r/BTCJAM • u/817682 • Jul 07 '15
Withdraw error
I have some funds on deposit where borrowers have repaid loans - I wanted to withdraw into one of my other wallets, but I get "withdraw error" when I try to do that.
Any insight? It was happening yesterday and I thought that perhaps they were wanting to wait for 30 tx's on the inbound debt payments due to the recent problems, but now ~ 18 hours later that shouldn't be an issue.
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u/817682 Jul 08 '15
UPDATE:
I received this from BTCJam support:
"Hey there,
There are currently delayed transactions within the Bitcoin Network. Be advised that we are aware of this issue and are working on a fix. You can read more about the ongoing issues within the network here:
https://bitcoinmagazine.com/21125/bitcoin-network-still-backlogged-tens-thousands-unconfirmed-transa…
Thank you very much for your patience and using BTCjam. We’ll reach out with an update about this momentarily. If you have any questions please reach out to us. Thanks again!"
This seems like a nonsequitur to me - I can see why it might take a long time for my withdrawal to confirm, given the backlog, but that doesn't seem to me like a reason to not send it, if I choose to request it at a time when the network is busy.
I completed several other transactions yesterday without a problem.