Silk Road forums

thanks for clearing that up guys. but how about as Im watching the cost of my shopping cart keep going up in the price of bitcoins.. whats gonna happen if when i recieve my coins, i do not have enough since the price per bitcoin increased.

Then you would need to deposit more bitcoins.  SR isn't in any way responsible for - or in control of - the volatility of the bitcoin market.

I reported this to DPR for you when you first mentioned it, but let me pass it along to him again.  Don't worry, either Vendor Support or DPR himself will get it straightened out.

As I said, I have the utmost faith in SR and staff, DPR, and the admins. I had posted in the tech support thread before reviewing through here and reading you and Libertas state that this is a more common issue and has happened plenty of times during the lifetime of SR. So I am no longer that concerned and understand your explanation, and appreciate the reassurance. I assume that yes, people are just concerned with the coins being in virtual limbo, and me being a relative "noob" myself I can understand but again, grasp completely what you say is going on.  Also, I know that SR is in no way responsible for the exchange rate, nor am I complaining just had a concern mentioned I didnt really think of. I will wait patiently for the coins to arrive and utilize SR to the fullest when possible  . LONG LIVE THE ROAD!

I understand the panic and fear involved whenever you are moving coins around - particularly when there are unforeseen delays on either end.  That concern is totally normal and to be expected, for sure!  My point though in all of this is that DPR is aware of the issue, these delays have been periodically occurring the last several month with the strains on the servers from all of the new traffic/members, sometimes the delays resolve on their own, sometimes DPR and staff have to push them through manually, and EVERYONE WILL RECEIVE THEIR COINS!  That's the nice thing about the bitcoin system - coins/transactions are never really "lost" and blockchain provides proof of every transaction.

So, because of that, everyone should try to hang in there and understand that their coins WILL make it to their wallets, even if it takes longer than usual, or longer than it should!

We're all in the same boat here.  If DPR himself were to make a deposit, he, too, would be suffering the same delays.

perhaps a stricter set of FE rules needs to be set?  60-90 days of positive transactions and longer hold out time on the 500...   i dont know...  and or just stick with the trusted old vendors??   

This wouldn't prevent scammers from scamming.  SR has always, always, always warned about the dangers of finalizing early.  The escrow system is in place to offer protection to vendors and buyers -- when someone finalizes early and chooses to leave the escrow system, they are in effect choosing to forgo that protection. 

Stay in escrow, do not finalize early, and you won't be scammed like this!  Or, if you are somehow scammed, at least by staying within escrow you can go to the resolution center and receive a refund.

This is a genuine concern, and one I didn't first think of when this issue arose. The price of BTC has dropped by $10 since I purchased and transferred. Let's hope it stays stable for the next day or so 

No one complains about the delays when the price is rising.  You're not losing money - you are still receiving the same amount of BTC that you sent - SR is obviously not responsible for the exchange rate volatility, nor is there any way to predict it.  Also, SR uses Mt Gox 24 hour average - which means it is slightly less volatile than if it were using the last rate.

Nonetheless, there's nothing we can do on our end to speed it up.  DPR is aware of the delays, and I'm sure he'll get it fixed.  In the meantime, try to be patient and know that everyone ALWAYS receives their bitcoins, even if it means support having to push the transactions through manually.

As for the suggestion that we give a warning - none of us know that there is going to be a delay.  We only know when people start reporting it, so there is no way to issue a preemptive warning.

However, again, delays going in and out of SR wallets is a common issue even when the site is NOT under attack, so please keep that in mind in the future when you're transferring coins in and out.  Always leave enough time for any possible delays that might arise.

Just wanted to add in and state my concern, I already posted a thread in tech support that Libertas had responded to and reading through this thread has given me a bit more information. It's concerning that so many people are having issues and if it comes to them having to be pushed through manually I hope its something the SR staff can handle. In the mean time, I have faith that the coins will come through and dont have a reason to doubt the SR admins and staff in this matter.

This is baffling to me because this is being posted in the main forums, where I would think most people who were able to post had been around for the past several weeks if not several months ... so why are people reacting as though this has never happened before?  Delays with withdrawals and deposits are COMMON on SR.  Especially these last few months.  It happens all the time and people post thread after thread about it.

Why is it that this time, people don't seem to realize this has been happening periodically for the past few months?

It's not concerning and it's not something SR can't handle.  This has happened before and it's disconcerting when you're waiting for the deposit, yes, but every time this has happened, everyone has received their coins - even if it has taken longer than usual, or longer than it should.  EVERYONE ALWAYS RECEIVES THEIR COINS.  So, please, be patient and if you haven't received your coins WITHIN 24 hours, send a message to SR Support on the main site.

There are many times when SR Support DOES have to push the transactions manually. 

Remember, this is not just a simple transaction from one wallet to another - there is a coin tumbler involved here as well.

I made a deposit today and the coins were hijacked before ever making it to SR. I can see the accounts that are currently receiving the funds on blockchain.info, but the account history here shows they never made it. This seems to me like SR has somehow been compromised from the inside since how else could some initiate the transfer of them except from the destination account number?

Your coins were NOT "hijacked" - what you are seeing on blockchain is SR's built-in coin tumbler in action. 

SR has NOT been compromised - this is NORMAL BEHAVIOR for incoming btc deposits except that there is also a delay today.