Silk Road forums

Discussion => Newbie discussion => Topic started by: schmuckboy on February 08, 2013, 12:33 am

Title: Time it takes for bitcoin to get into SR wallet
Post by: schmuckboy on February 08, 2013, 12:33 am
I just deposited some BTC into my SR account's wallet but it hasn't showed up yet. How long does it normally take?
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: Thizzed410 on February 08, 2013, 12:37 am
It used to take 45mins for me.  Past few times at least a hour and a half. 
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: wonko on February 08, 2013, 12:42 am
It can take an hour or two. You must have at least 6 confirmations on your transaction by the bitcoin network before it will appear in your account.

You can check this by putting the address into blockchain.info and then looking at the associated transaction. After you have 6 confirmations it should show up in about 15 minutes or so.
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: MarcoRuas on February 08, 2013, 01:03 am
I also just put coins in my wallet and its been about an hour and it hasn't shown up yet. I'm not understanding what you mean by at least 6 confirnations?? Where do you check for the confirmations at??
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: Burion on February 08, 2013, 01:33 am
The whole process from trading non-digital-money to bitcoins to your wallet, maybe 2 days.

One bitcoin transaction is about 5 to 20 minutes.
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: MarcoRuas on February 08, 2013, 02:40 am
@ Burion..Thanks
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: nwportlandguy on February 08, 2013, 02:49 am
Up to 3 hours once it is sent to your SR account.   The fastest I have seen it happen is an hour.  It's best to transfer and do something else for a few hours.   It kinda sucks refreshing tor over and over to see if it deposited.   ADVICE:  Never go into a SR transaction in a hurry.  You will only piss off your vendor leave yourself disappointed!  I try to order and forget about it, although I'm sure everybody has been guilty of feeling like Christmas morning when you see the mailman coming, LOL!
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: hwallclimber on February 08, 2013, 03:31 am
I've never had to wait more than 2 hours, usually more like 1. US, using BitInstant.
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: iLegalBusinessConsultant on February 08, 2013, 03:36 am
all great info. thanks for letting us newbies know. it takes 3 hours. ok eat some candy then wait
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: avast on February 08, 2013, 03:52 am
Everyone just needs to relax. Your funds will be deposited in due time.
Title: Re: Time it takes for bitcoin to get into SR wallet
Post by: wonko on February 08, 2013, 10:36 am
A simple guide on how to check your transfer status.

* In Tor Browser go to blockchain.info
* Put the address you have sent the transfer to in the search box
* You should then have a page called 'Bitcoin Address'
* On that page will be a list of transactions, normally you should only see one (assuming you create a new SR bitcoin address for each transaction, which you should do...). With a green arrow indicating funds were sent TO that address.
* Click the transaction id, the really long string of characters. You will then see one of these things:
** Estimated confirmation time - This means no-one has yet confirmed the transaction on the network, the estimate is how long it expects for the transaction to receive the first confirmation.
** Confirmations - The number of times the transaction has been confirmed on the network. Your SR wallet will update soon after you have received 6 confirmations