Difference between revisions of "MyBitcoin"

From Bitcoin Wiki
Jump to: navigation, search
(Criticism: Add caveat regarding lost password.)
(Criticism: Clarify.)
Line 17: Line 17:
 
==Criticism==
 
==Criticism==
  
There is no method to reset a lost password.  To use the site's contact form login is first required.
+
There is no method to reset the password without first logging in.  To use the site's contact form login is first required.
  
 
Due to MyBitcoin's practice of crediting an account after the transaction appears in just one [[block]], after receiving payment a prudent step might be to verify confirmation manually using [[Block Explorer]] before delivering shipment -- especially if there is no recourse should the payment fail to confirm.
 
Due to MyBitcoin's practice of crediting an account after the transaction appears in just one [[block]], after receiving payment a prudent step might be to verify confirmation manually using [[Block Explorer]] before delivering shipment -- especially if there is no recourse should the payment fail to confirm.

Revision as of 09:54, 30 April 2011

MyBitcoin is one of the earliest eWallet providers for Bitcoin. See MyBitcoin SCI if you're looking for information on how to use MyBitcoin merchant service.

Bitcoins sent from a MyBitcoin account will not necessarily originate from the same bitcoin addresses that were used to receive the Bitcoins. This property can be utilised to improve anonymity.

Amounts sent to an account on MyBitcoin will be confirmed after just one block and will then show in the balance and can be spent immediately.

Features

  • Address forwarding - Anything earned in your mybitcoin account can be transfered automatically to a desired address.

Support

The best (and likely only) method to obtain support is to use the site's messaging system.

History

For a period of a day or so beginning 02-17-2011, deposits to the mybitcoin.com eWallet service were not being registered to users' accounts.[1]

Criticism

There is no method to reset the password without first logging in. To use the site's contact form login is first required.

Due to MyBitcoin's practice of crediting an account after the transaction appears in just one block, after receiving payment a prudent step might be to verify confirmation manually using Block Explorer before delivering shipment -- especially if there is no recourse should the payment fail to confirm.

See Also

External Tor Hidden Services

External links

References