submitted by /u/Shibinator [link] [comments] |
source https://www.reddit.com/r/btc/comments/urs9ju/curb_your_bitcoin_max_keiser/
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I have been hodling for several years at this point, and have had "not your keys, not your coins" drilled into my head, but have kept my coins on Coinbase the whole time anyway. I even bought a hardware wallet several years ago but was too nervous to actually transfer my coins to it. I figured a big company like Coinbase is probably better at security than I am, so what's the real risk? A post here last week was what finally pushed me over: pointing out that in bankruptcy, Coinbase could (and probably would) liquidate my coins to pay creditors. While I don't think it's likely that my Coinbase vault would get hacked, I do think there is a much bigger chance for Coinbase to do something dumb on the business side and go bankrupt during some particularly bad market volatility. So I bit the bullet and transferred my coins - other than the excruciating 30 seconds between initiating the send at waiting for it to show up on the other side it was very painless. TL;DR I finally pulled my coins off of Coinbase, and you should too
I send some Bitcoin from my exodus wallet to my ledger and it says confirmed but it never showed up to my address
How do I find out if I sent it to the wrong address? Ledger generates a different receiving address each time
Edit 1: this was a few days ago now so there have been many confirmations (100s) I did choose a low transaction fee though so I regret that
Edit 2: I’m not answering private messages about this, I’m not giving you my seed phrase.