Why is my transaction 'Pending'?This article is for digital currency transactions sent from your Coinbase wallet.If you're wondering about a pending purchase, you can learn more here.Once a transaction is verified, it will show Complete in green.This lets you know that the transaction cannot be reversed and that the funds can be withdrawn.Coinbase runs its own digital currency nodes Sending a very small amount with insufficient fees All bitcoin transactions require a miner fee to be confirmed by the bitcoin network.When sending bitcoin you will be prompted to add a miner fee to make sure the transaction gets confirmed.If an insufficient fee is included, your transaction may never confirm.A double-spend of the same coins Under normal conditions this should not occur with transactions generated by Coinbase (our backend systems are designed to prevent this), but in general if two transactions try to spend the same coins, one of them will never be confirmed by the network.

Trying to spend unconfirmed coins If you are trying to spend coins that appear as pending in your account, your transaction will not be generated until these coins confirm.The network is experiencing high volume Sometimes there is a high volume of digital currency being sent globally, and there are more transactions than there is space available in each new block to include the transaction.Still can't find what you're looking for?NEW YORK U.S.-based Circle Internet Financial Ltd, a social payments app backed by Goldman Sachs, said on Wednesday it will no longer allow customers to buy and sell bitcoin because it has failed to become a meaningful part of its business."Usingbitcoin for speculative trading or people buying and selling bitcoin because they think it's fun -- that's not an interesting business for us," Jeremy Allaire, Circle's chief executive and co-founder, said in a interview with Reuters."It'sa distraction to have to support these customers given that our growth has been on our social payments business."Instead,

customers will be directed to digital asset exchange Coinbase if they want to buy and sell the digital currency.Customers, however, can still continue to store bitcoin using the Circle app and can still convert bitcoin stored via the service to dollars, pounds or euros and continue sending money via social messaging, without fees.Allaire has also been disappointed with the lack of progress in bitcoin's technology."Aethereum coin contractfew years ago when we started the company, bitcoin is the only digital currency technology that mattered," said Allaire "We obviously envisioned it as a mainstream phenomenon and we had expected more progress in terms of technology development, but the development has slowed in the last three years."Circlebitcoin mining suggested difficultythen decided to develop its own technology, Allaire said, as the company announced the launch of Spark, an open source project that provides a way for digital wallets to exchange value using blockchains, including bitcoin.bitcoin banco de portugal

Blockchain, the technology that has powered bitcoin, has exploded over the last two years due to its usefulness in recording and keeping track of assets across practically all industries.The initial focus for Spark is to connect digital wallets or accounts around the world while ensuring that full compliance requirements are met.Circle formed partnerships in two new markets -- South Korea's Korbit and the Philippines' Coins.ph, Allaire said.bitcoin hitting 10000Using Spark, Circle customers in the U.S., UK and Europe will be able to send and receive value with those in Korea and the Philippines using distributed ledgers.ethereum python tutorialCircle said international payments will be as easy as sending a text or email messages.Circle has raised about $140 million since inception more than three years ago.Allaire said the company is on pace to do more than $1 billion in payment transfers for 2016.bitcoin mount gox

Its growth over the last year in terms of user accounts, transactions, as well as, cross-currency activity "has been in the 300-400 percent annualized growth range."(Reporting by Gertrude Chavez-Dreyfuss; Editing by Alan Crosby)Circle is a company entwined with Bitcoin for quite some years now.The company offers exchange services, as well as a wallet solution and money transmission capabilities.android bitcoin wallet redditBut Circle is halting their Bitcoin exchange services permanently to focus on blockchain-based services.bitcoin long time to syncAll users can withdraw their funds to a different wallet, but buying or selling cryptocurrency will no longer be possible.bitcoin ticker for androidIt is a sad day for Bitcoin users relying on to buy smaller amounts of cryptocurrency.

After multiple years of loyal service, the company devised to pivot their business model.Not entirely surprising, as Circle has been hinting at blockchain-based services for quite some time now.They have been stepping away from bitcoin more often than not over the past year.That being said, this sudden change will still catch a few people by surprise.It is evident the company is far from the average consumer platform.Shifting resources to global social payments and next-generation blockchain technology is an understandable decision.Other options to buy and sell Bitcoin directly are not difficult to find.Users who hold a Bitcoin balance can it to any of the supported major currencies.Once done so, the funds can then be withdrawn to a linked bank account or payment card.It is equally possible to transfer an existing Bitcoin balance to a regular wallet address, for those users who prefer that option.What is rather intriguing to note is how Circle now forwards Bitcoin users to the Coinbase exchange.