Colobit Joins BitTank in Reporting Overloads on the Bitcoin Network.

A few days ago, we published an article describing the problems that BitTank was experiencing due to overloads in the Bitcoin network and we suggested that other programs will experience similar issues.  Well, we received TWO updates from Colobit (reviewed here) describing similar problems.  Programs, such as Colobit, that depend on Bitcoin for all their transactions are especially affected when anything at all goes wrong with the Bitcoin system.  So, investors should always keep this factor in the back of their minds when anything unusual is happening with Bitcoin — even if it is something GOOD like a dramatic rise in its price such as has been taking place in recent weeks.  Here’s  the first update…

Why do some transactions freeze?

Because of the high load on the network, the wallet does not allow us to perform the transaction and we get an error:
“Too much unconfirmed transactions on this address, recommend to increase unspent outs on this add-on.”

We changed Electrum’s wallet to Coinpayments and sent our balance there, but the funds have not yet been confirmed, 0/6.

As soon as the funds reach the wallets for payment, all funds will be automatically paid. Thank you for understanding.

With Respect, the command of Colobit.

https://blockchain.info/unconfirmed-transactions – check it.

https://colobit.biz

And, here’s the second update…

IMPORTANT about deposits.

Coinpayments is not available for deposits from the most countries, therefore we decided to accept deposits from Electrum. We will wait for network unloading.

DEPOSITS ARE ALREADY AVAILABLE.

Due to the fact that for two days you couldn’t make a deposit the promotion for the bonus will be extended until December 14.

Etherium is now available for deposits, Litecoin is temporarily disabled.

IMPORTANT about an uncommitted deposits.
Write your login, the purse to which you sent, the transaction and chosen investment plan to the support@colobit.biz

IMPORTANT about the refferal program.
Now when you reinvest from the account balance your higher-level partners will receive referral charges!

IMPORTANT about payments.
The load gradually goes away. Almost bitcoin has already passed from Electrum, therefore in the next few hours there will be payments.

IMPORTANT about browser plugin.
In connection with the DDOS attack, we had to turn on the DDOS protection mode. That’s why the plugin will not work for a while.

VERY IMPORTANT IS THAT YOU TRUST US!

With respect, the Colobit LTD team.

 

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Instant Payments Back!

We just received still another update from Colobit concerning these issues.  This last update has gotten to us roughly 24 hours after the first two updates above.  To be brief, it looks like Colobit has made progress in getting their instant payments back on track again.  However, they warn that everything still depends on the Bitcoin network.

In addition, Colobit is teasing us telling that some sort of GOOD NEWS from them is on the horizon.  I wonder what that can be!

Here’s this new update…

Great news, instant payments work again!

BUT. Recall that everything depends on the Bitcoin network, if you do not receive an instant payment, you can cancel and repeat a little later, or wait until we manually make a payment from another wallet.

We want to show you that we are seriously set to work … but now we will not open all the trumps. In the coming days, expect VERY GOOD NEWS for investors!

Best regards from the whole team Colobit!

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