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Yesterday I attempted to send two bitcoin transfers from Livecoin and almost 24 hours later it hasn't been successful. When I check the transactions they have 99 and 95 confirmations. What does that mean?

  • 6f5d6cc00cabf6259852048eef2f8d827b7d43c08da361cec08d67e468c5e1de – Anson Nov 14 '17 at 16:21
  • f2cc94ce66eca7e55108ad0655e66ec1a97c12d05b51e8dd518a669f288de6e4 – Anson Nov 14 '17 at 16:21
  • It looks like you have been bamboozled. These tx ids do not exist. What wallet / service are you using to send transactions? blockchain.info/… // blockchain.info/… – Rutger Versteegden Nov 14 '17 at 18:10
  • I sent the transactions from Livecoin – Anson Nov 14 '17 at 18:17
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    Can you explain precisely how you determined that it hasn't been successful? Be as detailed as you can. – David Schwartz Nov 16 '17 at 8:32
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It means that there have been 99 blocks after your transaction that have been succesfully confirmed.

99 blocks have basically confirmed that your transaction is real, and now ( and still does) belongs in the ( bitcoin ) blockchain.

So, yes your transaction has been successful, if you haven't been credited your bitcoin, or received it, something else is wrong. Mind linking me your TXID?

The more confirmations a transaction has, the less likely it will be that it could be overthrown in a 51% attack, or for example a double spend ( 1+ confirmations already makes sure that isn't the case)..

Generally a transaction with over 6 confirmations is seen as "Irreversible", (aslong as there isn't 1 miner with 51% hashpower) since it would be mathematically impossible to throw over these 6 blocks.

See Why is 6 the number of confirms that is considered secure? for more information about why these confirmations are so important.

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