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Sent BTC (approx $500) from Coinbase, Blockchain explorer says Confirmed. Is recipient lying they have not received or could something else be the issue such as his wallet? Recipient says it could be because his 'hard' wallet is set up in a way so it activates/acknowledges/receives with $1000 transaction minimum? He is meant to send back a larger payment to my wallet ( from which i sent the payment) as part of some investment returns. Don't want to think i'm being scammed so giving the benefit of the doubt and seeing what the community answers with.

https://www.blockchain.com/btc/tx/8fc6a9b6a4678efa77d07c959652e2cd7a5c2a7a00b948766d6bcd551bcffec4

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    Most certainly a scam, sorry. Cut your losses and move on, not much else can be done here. – chytrik Nov 26 '19 at 20:41
  • This is 100% definitely a scam. Investments simply don't work the way you're describing. – David Schwartz Nov 27 '19 at 13:26
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Is recipient lying they have not received or could something else be the issue such as his wallet?

Seems likely in this case.

Recipient says it could be because his 'hard' wallet is set up in a way so it activates/acknowledges/receives with $1000 transaction minimum?

This is not a thing, you're almost certainly being scammed. Wallets don't require activation or acknowledgement to receive coins. If you sent coins, and the tx is confirmed, the wallet has received it.

He is meant to send back a larger payment to my wallet ( from which i sent the payment) as part of some investment returns.

This is 100% a scam - Do not send this person any more money and cut your losses now.

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  • Thanks for the feedback Raghav. – NewAtBTC Nov 30 '19 at 13:03
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Tell receiver to send tx id, check on block explorer, if confirmed, then there are two reasons ;

  1. It is either you sent to another public address or
  2. The receiver is not honest.
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